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When the italy gas gets piped in and revenue comes in from that including romania then it gives us an opertunity to develop more gas lines such as the big east selva area. With another sucessfull drill plumbing into the gas line all churning that revenue back to us recouping the cost of another drill in a short timeframe. Spain had the potential to be a biggy. If its on hold or not going ahead one positive is we havent sunk a heap of money into the project so could easily walk away if the shit does hit the fan there! Were still in the position to get a % in another low risk project in europe. Maybe even bod are eying up something who knows... but im with jwalks... the revenue coming in from the current 2 wells should give us a lift in mcap without even considering the spannish asset. Market will react when dust settles and rns comes out for wells to be producing!

Cheers for the reminder dryland. Forgot about that recent RNS.

Is there anyway of knowing if the bucket shop a.k.a beaufort has out standing warrants left in PXOG? I have a fear that if any still outstanding the administrators could be forced to sell these? If beaufort knew they were up against it and D day was close it def makes sense to hammer out and sell everything as weve seen the decline when sp should of been closer towards 0.9/1p

You look at the long list of clients for beaufort and you wonder how that could happen!!! Crooks in suits!!

I personally dont think the rerate towards 2-3p will happen until the drilling kicks off in spain. Until then i agree with the usual aim spikes. Two ways to play the aim game... trade the spikes or add and forget!! Depending on each investment stratergy. Plenty of news up and coming to give a suitable lift to price. Romania production, italy production. Italy new drilling in east selva, taking up next % in spain.... all this possibly within 6 months then later on in H2 the final 49.9% intrest in spain with a defined drilling programe set up. That one is a game changer and if it proves up anywhere near that 2TCF resource then its a monster... even half of that or half again its huge compaired to current valuation! Its a waiting game and see whos got the balls to wait it out for the big gains!!!

Karny. What is a magic plug? I noticed a comment about a plug before but dont know the revelance was!

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AEG&ArticleCode=e7i405u8&ArticleHeadline=Final_Results From the final results in june 2017 it states ; AEG WoodFibre also suffered the consequences of changing supply dynamics in Ukraine, where sanitary logging has now been banned.� This has more than halved the raw wood supply in country, which has contributed to higher raw wood prices, which are now over 20% more than in 2016, in the official market.� � With this backdrop, and as previously reported, to focus on the Company's primary growth areas of Timberlands and ABS, the Board has taken the decision to divest its wood chip business in Ukraine ("Nikwood").��� As part of this process, the Group's former Chief Operating Officer, Matteo Girlanda, decided to pursue the opportunity to acquire Nikwood and accordingly resigned from the AEG Board to avoid any conflicts of interest during the period of negotiation.� These negotiations remain ongoing but are not exclusive and the Board is also considering additional alternatives re the disposal of Nikwood.�� The divestment process remains a key strategic focus and further announcements will be made as appropriate. � The Board believes that exiting Ukraine will significantly reduce the Group's perceived geographic risk profile and will allow the management team to focus on the development of ABS and Timberlands. With the resignation of Mr Girlanda, the Board is actively looking for additional Board members to assist in the execution of the Group's new strategy and further announcements regarding Board appointments will be made as appropriate.� Then the details from sept results state;; We remain committed to reducing our exposure to and ultimately exiting our wood fibre processing operation in Ukraine.� Following the announcement of our intention to reorganise AEG in May 2017, the Group's Directors began negotiations with its former COO, Matteo Girlanda regarding a possible transaction for the Group's Ukrainian assets. These negotiations have now ceased and the Board continues to evaluate the optimal path in terms of value for shareholders.� Additionally, AEG is examining equipment requirements for ABS and Timberlands as each affiliate achieves its commercial milestones. This will result in existing equipment based in Ukraine being re-assigned to our new operations in Canada and USA.� We anticipate the closure of all our Ukrainian activities before the end of Q4 2017. So the focus in now in two devisions. ABS and timberland

Quote from 2016 draft. I dont see the relevance

Got a link for that draft?

If PVE pullout of the deal with SRON you reckon that is a benefit for us or not? If they think the deal undervalues the italy asset and want to go at it alone (with pxog/uog obv) could be a good thing. Thoughts?

Surely its twice the length from one end to the middle hiku821? ;)

According to short tracker its still showing short postitons of 1.77% Not sure how quickly site gets updated but no change there what i can see

Dryland some will always drum up huge sp prices to try and bamzoole new investors to buy the shares they will be selling... its all part of the aim game and just noise at the end of the day . You learn to ignore these when youve been in the game a long time!! I do agree with you 3p is a good target and still huge upside but im not stupid to think 3p will arrive next week. Possibly this year yes so very short period of time for huge rerates and yes there will be dillution along the way when spannish asset needs proven up. But all looking good at a sub 1p level with massive upside.

Looks like were in for a busy 2nd half of the year when CE approval comes in and revenue comes flooding in!

Look again karny ;) Ok delayed from a few days ago but still popped up

post i posted on 'upward trend' for med-long term (2018) target of 3p... might need the spain asset to be proven up for this but im willing to wait! "nov chart http://www.screencast.com/t/xYuUJZXb after the 1st target met at 0.8p its game on for 1p target... may have a slight retrace around 0.8p again then its off towards 1p+ http://www.screencast.com/t/Chi6lAAu once 1p target has been reached then its 2018 target of 3p ( from current 0.55p its a 500-600% increase!!) lets see if its reached iv'e got a 10 month timeframe!!! GAME ON!!!"

so RMP can supply energy westwards 10% of their coal supply then use the money to buy CoalSwitch to blend 90/10% to meet UTAH's reduced emissions regulations etc its going to blow soon enough when those contracts start rolling in!!! 10p in a flash... long term.... god knows!!! but ill take 10p 1st step,

https://youtu.be/DaWDXvFnTNI Whats interesting is the mention about Rocky mountain testing the coalswitch pellets.. around 40mins40sec on the presentation it mentioned phase 2 being commissioned and up and running by 16th feb (should of been commissioned by friday) By then produced a few tonnes for young living farm, then dewattering and drying for pellets for rocky mountian. Woodscape currently making the pellets until phase 3 is up and running for the pellet mill. So im not sure if rocky mountain would wait till we produced our own coalswitch pellets from our milling process or happy to take the pellets produced by woodscape (however ypu spell the company name) Whats interesting is the link below mentions a 18hr testing run with a 10% coal blend... https://www.bloomberg.com/news/articles/2017-02-01/buffett-s-rocky-mountain-to-test-biomass-that-may-cut-coal-use How many tests will rocky mountain do? Ive no idea and for how long? Again ive no clue other than the 18hr test described in above link. If rocky mountain only test for a few days then these tests could be near complete if using woodscape pellets. Is this whats beind the big rise last week? Have the tests been sucessfull so far and next RNS could be one to say the tests have been positive and proven that coalswitch can be blended in a full scale enviroment! Either way plenty of news so come over next few weeks!! And by 9th march the utah site will be fully operational and fully commissioned to go full bhuna!!! Exciting times ahead dont you think?

And where did you hear this from mr posh? Let me guess the twitter crews going for a pump? If you have a link of rumour post it.

Zeetruth... when you mentioned about it being the holy grail, it reminded me of an old page i came across on my research. Had to do some digging but def worth a read if your new to AEG. http://www.modernpowersystems.com/features/featurecoalswitch-is-it-the-holy-grail-5749037/ Rocky mountain curently (or soon to) carrying out full scale testing to prove it up. Once it does and works with coal firing then expect fireworks. From the link take note of the bottom where it describes the findings of coalswitch. (Again old link but usefull if new here)