Member Info for schlemiel

YF Finance - Hong Kong based...diluted down by 50% due to the placing

HUR gearing up for corporate action

https://uk.advfn.com/stock-market/london/hurricane-energy-HUR/share-news/Hurricane-Energy-PLC-Appointment-of-Independent-No/88435089

TR1

https://uk.advfn.com/stock-market/london/chariot-CHAR/share-news/Chariot-Limited-Holdings-in-Company/88435014

Appointment of Attijariwafa Bank re Tendrara Development Financing

Sound Energy, the transition energy company, is pleased to announce that it has entered into an Arrangement and Mandate letter with Attijariwafa bank of Morocco (the "Arranger") under which the Company has mandated the Arranger in relation to the arrangement of debt financing in relation to the development of Sound Energy's Tendrara Production Concession (the "Agreement").

Pursuant to the Agreement, the Arranger has been mandated, and provided with exclusivity by the Company for a period of eight months, to arrange a long-term senior debt facility with a term of no more than 12 years of up to 2.250 billion Moroccan dirhams (approximately US$250 million) for the partial financing of the currently estimated 3.000 billion Moroccan dirhams (approximately US$330 million) phase 2 development cost of the Tendrara Production Concession (the "Financing").

nm

You wouldn't be writing to the gobshiiites at the FCA if you'd sold at 38p or thereabouts. It's an admission that you've made a mistiming in your trades. I did it but you have to accept your responsibiities in such matters and not look for excuses. Take ownership of your trading and understand that mistkes made are by their very nature retrospective but fundamental to your investing education

Forget the FCA, they're useless prrrricks

Snott

General market is utterly bearish now so the excitement as wained for now irrespective of how good the newsflow

Profit is a book figure ie non cash. Cash is the only method by which capital investment can take place..

'The initial Anchois field gas volumes were regarded sufficient to meet expected domestic demands, however, with the confirmed discovery increasing volumes, Chariot has identified the opportunity to supply surplus gas into the European market, via the GME connection with Spain. This represents a very large and increasingly attractive market which could both take surplus gas over and above domestic demand from the initial Anchois development and also provide a rapid commercialisation route for any additional discoveries to be tied-back to the Anchois infrastructure. '

'There is much hard work ahead as we enter into the next phases of the project including negotiations on gas sales and project finance but we move forward encouraged and emboldened by a highly successful drilling result which has potentially opened up a new gas basin and a much larger resource base than pre-drill estimates had planned for. '

'We will be announcing independent third party validation of Anchois resources through a CPR shortly. '

'Material upside potential:

-- The drilling campaign also directly de-risked a material portfolio of prospects within the Lixus licence area.

-- The Rissana Offshore Licence, Morocco was signed in February 2022 which surrounds the Lixus acreage and captures gas play extensions from the Anchois wells.

-- Potential for multi Trillion Cubic Feet ("TCF") volumes in deeper plays. '

https://uk.advfn.com/stock-market/london/chariot-CHAR/share-news/Chariot-Limited-2021-Final-Results/88418966

nm

Great article Jimmy...

Interesting reference to supply of excess gas to Spain

I believe Chariot is a sitting duck for a major looking for a low cost, high tcf gas project on the edge of Europe....and then you have the bluesky potential of the wider area, exploration

Well, considering the entire market is teetering, and with oilers-gassers being pumelled, we're doing remarkably well....

https://www.skynews.com.au/business/energy/incredible-potential-of-beetaloo-basin-to-ease-energy-crisis/video/bb4985dbee4fee072d49e2b30ba97d50

Australia’s energy crisis has seen soaring gas prices on the east coast and rising power prices for consumers.

But in the Northern Territory there’s a potential resource some analysts say could supply Australia’s domestic gas supply needs for up to 200 years.

Tamboran Resources CEO Joel Riddle says there is “incredible potential” for the Beetaloo Basin to be explored to aid Australia’s energy crisis.

“This is a basin that is what I believe is one of the largest untapped gas resources in the world,” he told Sky News Australia.

“It was initially discovered in 2013 and we’re now reaching a tipping point into moving further into development.”

RS5

I don't see a problem with it. It's a shareholder expressing their enthusiasm for the stock and wanting to share that enthusiasm. I certainly don't believe it has anything at all to do with phallic comparisons...