The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
(aka hypocritical leftist islingtonista failures), . as a result;
there is one insult that i find most derogatory and highly offensive, please do not associate me with the anti-semitists of north london, to remotely be associated with the islingtonista's is wholly unacceptable and intolerable,
just as when it comes to rugby union & cricket at national level i find it very difficult to empathise with the xenophobic ideologies and subliminal xenophobic sentiments of the rfu & ecb and even more so with respects to association football the swath of anti-semitism which permeates from the north london conurbation affiliates me to the anyone but ****nal fc and the corbynistas mindset,
i trust i make myself totally clear on that front,
regards,
In 2016 what was 52% of the electorate is now a shrinking 38% and what was a marginal minority of 48% is now a resounding and ever increasing majority of 62% and nowadays the very same who cheered and applauded about Brexit are too ashamed to even state they supported such a failure and in the solace of the Ballot Box that 38% looks even susceptible,
Also how embarrassing for the United Kingdom to see its Prime Minister go grovelling to Crown Prince Mohamed Bin Salman regarding what is a sustainable price of Sweet Brent Crude of approximately US$105.00-US$110.00 allowing for the global increases in shipping, extraction and refining costs,
I trust Crown Prince Bin Salman gave short shrift and duly Educated the United Kingdoms Prime Minister regarding the folly of any legislative policy which sees a currency capitulate from GB£1=US$1.75 to what is now merely GB£1=US£1.21,
We all know the United Kingdoms Prime Minister is allegedly numerically literate but surely when anyone divides US$110.00 by US£1.75 the answer is GB£62.85 and when the same US$110.00 is divided by US$1.21 the answer is GB£ 90.91 we understand the British Prime Minister is only educated by Batchelor of Arts level so perhaps the above level of mathematics is too complicated for him to grasp,
Thems realities are that allowing a currency to depreciate from US$1.75 to US$1.21 is rather foolish to say the least and ever since the Realms started building schools for their people and began educating them the all to readily realised that Brexit is rather Stupid and to have left the safety of the European Unions Single Market for a country that is a net imported of Energy and Food Factor Inputs leaves its economy rather susceptible to significant adverse trading options which every Realm would love to exploit for the betterment of their own economy,
So if the United Kingdom chooses to trade with a Real how many visas is it going to have to give and then the icing on the cake for the Realm is how many dependant relative visas is the United Kingdom having to give or is it Shushhhhhh that bit of Brexit we are not allowed to talk about, the idiots never really thought about that despite being warned quite openly "How Many Millions Of Visas For Your Trade Deals",
Oh yes and the term Insurgents of the Red Mongrel quite simply refers to those from Russia who procured their Golden Visas and handsomely rewarded the European Reform Group and Conservative Brexit Elite to fund their campaigned and efforts to destabilise the British Economy and in return deliver Russia a Super Brexit Dividend of GB£40Billion or is that also the Brexit Elite are ashamed to talk about,
Hence the reasons we are the British Resistance who remain loyal to Crown and Country and are resolute in our efforts to rid the United Kingdom of the Shackles Brexit has placed upon its economy and population and I am sure Moderate Conservatives and the Liberal minded totally agree,
Regards,
Balancedviewer:
Some so quickly realise they were sold a pup by the Red Mongrels insurgents,
Lest we never forget what was 48-52 is now an ever increasing 62-38 and day by day more and more teenagers who were denied an input into their futures are coming of voting age,
Thems the reasons we are respectful of peoples futures, peoples rights, peoples privileges which were taken away and now they want restoring because the United Kingdom is too good a country to be let down by a tiny Elite Minority,
Regards,
K3VMC :
When is your next pilgrimage to the world of Spoons remember no man has dome so much to single handily (except his loyal clientele who support his crusade) to decimate the British Hospitality / Innkeeping Sector,
Taking back control from the independents, Thems the real dividends of Brexit!!!!!!
LOL regards,
Balancedviewer:
The very reason the Conservative Brexit Elite who delivered treachery for the British Economy are going to be so badly treated by the electorate at the forthcoming General Election,
There shall be two eviction vans oops Removal Vans for Downing Street and as for the moron at number 11 Downing Street who is mitigating his ineptitude by blaming rising oil prices and inflation for narrowing his scope to cut Corporation Tax, Cut Income Tax, Rid The Country of Stamp Duty & Inheritance Tax should really realise that if the United Kingdom ridded itself of Brexit Sterling would appreciate and the resultant deflation would naturally contribute to LOWER INFLATION & the ability TO DELIVER LOWER INTEREST RATES & DELIVER THE SCOPE FOR TAX CUTS & GENERATE ECONOMIC GROWTH, - RIDDING THE UNITED KINGDOM OF BREXIT COMES FIRST otherwise the country fails to deliver and is nothing more than a Tier Two nation which is humiliated into accepting duff Trade Deals By The Realms who it once Governed, remember "How Many Millions of Visas for Your Trade Deals",
Regards,
Ocelot
Absolutely and it is inappropriate you are showing disrespect to President Xi of China because he is also intent on Economic Growth and delivering for his nation and his people through growing GDP per capita and developing global trading relationships with strategic partners,
President Xi has been a major player in also tweaking the Red Mongrels knackers remember which country contributed towards handing the Red Mongrel a GB£40 Billion Brexit Super Dividend,
So perhaps you should cluster the Brexit Elite, Russians, North Koreans and Hardline Iranians within the same subset and it is the rest of the worlds progressive intellectuals who are intent upon delivering a sustainable balanced level of Economic Growth which is fundamental upon keeping the Democrats dominance in the United States of America at the top of our global agenda,
Regards,
18/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3300 ***ABOVE AVERAGE***
18/10/2023 System Entry Energy, Saltfleetby, D+1 1,973,333.0000
18/10/2023 System Entry Volume, Saltfleetby, D+1 0.1723 *** 6.0847 mmscf/d ***
*** It is likely there is more onsite maintenance work rather than a compressor issue because the output metrics are higher than when there was only one functioning compressor ***
Daily Output (Therms) = 67,333
Month To Date (Therms) = 1,596,731
Daily Output (Mmscf/d) = 6.0847
Month To Date (Mmscf/d) = 144.2286
Average Per Day (Therms) From 06.07.2023= 87,529
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,749,925
Average Monthly Price Per Therm = £1.1248
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,349,638
F/C Net Monthly Saltfleetby Gas Rev = £2,071,163
F/C Net Rev Less Disbursements = £2,040,095
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,749,925 £2,071,163 Forecast
Nov-23 2,625,865 £2,067,350 Forecast
Dec-23 2,713,394 £2,255,142 Forecast
Q4 2023 8,089,184 £6,393,654 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,749,925 £2,071,163 Forecast
Nov-23 2,625,865 £2,067,350 Forecast
Dec-23 2,713,394 £2,255,142 Forecast
H2 2023 16,036,175 £10,779,450 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,529
Debt Outstanding KPI* = £2,098,097
12 Mth Rev-Debt = £23,651,161
F/Cast Share Price (p) = 2.03
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.47
May-24 1.54
Jun-24 1.60
Jul-24 1.70
Aug-24 1.82
Sep-24 1.94
Oct-24 2.03
Regards,
Why do you think it is so important that the Western World openly embraces the great initiatives and great progress Crown Prince Mohamed Bin Salman has made in enabling Saudi Arabia to grow into an influential player in the Middle East & Global Geo-Political world and how such a stable Western allie is the key to stability within the Region and with Israel, economic success is the answer,
It his great foresight which is delivering supplier sustainability in the Oil Markets and Providing the Petro-Chemical sector players the top and bottom line revenue to invest in developing the Petro-Chemical Engineering projects for the future,
Sir Jim Ratcliffe has recently invested GB£1.6 Billion in a joint venture with Saudi Aramco in Saudi Arabia, FIFA shall imminently be awarding the 2034 World Cup to Saudi Arabia following the unequivocal success of the Qatar venture the international Boxing World is recognising the Strategic Brand alliance with the Gulf nations,
Remember the European Union has imposed stringent sanctions upon Russia and in preventing them ever re-erecting themselves as a Political Superpower and the Global Liberal Alliance has successfully withheld Brexit Trade Deals from the United Kingdom to electoral elimination of the European Reform Group from British Politics and now with the International World respecting President Biden and President Macron and Ursula Von Der Leyen it is only a matter of time before the Islamic Republic of Iran recognises that its youthful population wishes to share in the Global Economic renaissance with rogue nations and are being excluded from,
Think Globally and look at the progressive changes in society and the ever greater movement towards Vegetarianism & Zero Alcohol beers being developed and successfully launched globally, we know you know in which direction society is moving and even in the United Kingdom Weatherspoon's are following their pursuit of eliminating smaller cost inefficient independent Pubs through their ability to exert economies of scale in the hospitality sector,
Smile and be grateful that the Global Liberal Alliance is at work making the world a better and safer place,
Regards,
17/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2600 ***ABOVE AVERAGE***
17/10/2023 System Entry Energy, Saltfleetby, D+1 1,983,333.0000
17/10/2023 System Entry Volume, Saltfleetby, D+1 0.1732 *** 6.1165 MMSCF/D ***
Daily Output (Therms) = 67,674
Month To Date (Therms) = 1,529,398
Daily Output (Mmscf/d) = 6.1165
Month To Date (Mmscf/d) = 138.1439
Average Per Day (Therms) From 06.07.2023= 87,723
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,788,902
Average Monthly Price Per Therm = £1.1229
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,391,128
F/C Net Monthly Saltfleetby Gas Rev = £2,112,653
F/C Net Rev Less Disbursements = £2,080,964
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,788,902 £2,112,653 Forecast
Nov-23 2,631,691 £2,074,340 Forecast
Dec-23 2,719,414 £2,262,967 Forecast
Q4 2023 8,140,006 £6,449,961 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,788,902 £2,112,653 Forecast
Nov-23 2,631,691 £2,074,340 Forecast
Dec-23 2,719,414 £2,262,967 Forecast
H2 2023 16,086,998 £10,835,758 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,723
Debt Outstanding KPI* = £2,036,668
12 Mth Rev-Debt = £23,814,031
F/Cast Share Price (p) = 2.04
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.36
Apr-24 1.48
May-24 1.55
Jun-24 1.61
Jul-24 1.71
Aug-24 1.83
Sep-24 1.95
Oct-24 2.04
Regards,
16/10/2023 System Entry Calorific Value, Saltfleetby, D+1 40.9400 ***BELOW AVERAGE***
16/10/2023 System Entry Energy, Saltfleetby, D+1 2,617,778.0000
16/10/2023 System Entry Volume, Saltfleetby, D+1 0.2284 *** 8.0659 mmscf / d ***
Daily Output (Therms) = 89,322
Month To Date (Therms) = 1,461,724
Daily Output (Mmscf/d) = 8.0659
Month To Date (Mmscf/d) = 132.0274
Average Per Day (Therms) From 06.07.2023= 87,918
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,832,089
Average Monthly Price Per Therm = £1.1146
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,428,972
F/C Net Monthly Saltfleetby Gas Rev = £2,150,497
F/C Net Rev Less Disbursements = £2,118,239
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,832,089 £2,150,497 Forecast
Nov-23 2,637,530 £2,081,348 Forecast
Dec-23 2,725,448 £2,270,812 Forecast
Q4 2023 8,195,068 £6,502,656 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,832,089 £2,150,497 Forecast
Nov-23 2,637,530 £2,081,348 Forecast
Dec-23 2,725,448 £2,270,812 Forecast
H2 2023 16,142,059 £10,888,453 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,918
Debt Outstanding KPI* = £1,977,112
12 Mth Rev-Debt = £23,974,901
F/Cast Share Price (p) = 2.05
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.37
Apr-24 1.49
May-24 1.55
Jun-24 1.62
Jul-24 1.72
Aug-24 1.84
Sep-24 1.96
Oct-24 2.05
***THE SHARE PRICE FORECASTS ARE VERY SENSITIVE TO THE CURRENT AND FUTURE GAS PRICE FORECASTS THERE HAS BEEN A SIGNICIANT FLUCTUATION BETWEEN THE WINTER FORECAST PER THERM BETWEEN YESTERDAY & TODAY & THIS IS ALSO REFLECTED IN THE WINTER 2023 AND SPRING 2024 PRICE FUTURES - A SIGNIFICANT UPLIFT WOULD BE MOST WELCOME***
Regards,
Balancedviewer:
Do Brexit Britain a favour and jog off to the local Spoons for the afternoon and help contributing towards the closure of a few more independents,
Oooooops I forgot the Brexit devaluation in Sterling has meant that even an afternoon in the Spoons which was taken for Granted is now only a luxury,
Or has Brexit reduced you to a trip to the local corner Spar shop with your translator for a 4 pack of their own label,
LOL even your admirers to endorse your blurb are getting fewer and fewer in number,
Remember Brexit has achieved its objective and it was always about realising that membership of the European Unions Single Market is the optimal choice for the sane majority and the economy,
Regards,
K3VMC:
There are a small number of Global Rogue States which are doing their upmost to destabilise the economic good the majority of the World Order is attempting to achieve,
I God we Trust, In President Biden the International World places Great Faith, in Ursula Von Der Leyen the International World places respect in Great Statesmanship, I Crown Prince Mohammed Bin Salman the International World sees an inspirational leader and man with high morality and vision who appreciated Economic Priorities and collectively the battle against Brexit, Russia, North Korea and Global Tyranny shall be won just a the Good Friday Agreement and the Northern Ireland Protocol too time to achieve and has restored Peace to Ulster and is bringing the Four Provinces and the people of Ireland closer together remember collative cohesion and solidarity delivers much greatness,
Regards,
Balancedviewer:
We have to accept that sadly there are individuals of limited intellect and acute personality disorders and Narcissistic Personality Disorder is a condition which you are sadly affected by hence your inability to realise with rational,
You are in an acute minority of those with limited cognitive and reasoning abilities and you should be aware that this has been raised on multiple occasions on this platform,
Anyway are your going to watch and witness the might of English Rugby dismantled by a ruthless South African side of elite sportsmen and Borthwick's failures unceremoniously humiliated and dumped out of the Rugby World Cup,
remember England have enjoyed past victories even many know 48-52 was a failure and blight on the conscience of the United Kingdom bot that is now an ever increasing 62-38 and growing favourable in our direction on a daily basis,
Come clean and accept that even a trip to the local Spoons is outside your price point and that is what irates you more, remember you voted for the failure and dismissed reality are scaremongering, so now "Shut Up & Sit Down" and allow the good and decent people of the United Kingdom fix the damn mess Brexit has created and create conditions of economic stability where Business and Individuals are able to grow the United Kingdoms Economy within the European Unions Single Market with more favourable Economic Conditions to the Present which is blighting a once Great nation so those who are good and True to the United Kingdom commence making Britain Great Again!!!!!!
Regards,
Regards,
Thank God we have respectable leadership in the West through President Biden in Europe through Ursula Von Der Leyen and in the Gulf through Crown Prince Mohamed Bin Salman all three are thoroughly decent and totally committed to delivering economic growth,
That is the reason neither Oil Prices nor Gas prices have spiked to the levels following the Red Mongrels invasion of Ukraine,
All efforts are to get Humanitarian invasion into Gaza and ensure the hostages are released and thank God the British Armed Services are so under resourced that they cannot interfere where they are unwelcome and unable to offer constructive support Putin has pretty much exhausted his GB£40Billion Brexit Super Dividend and is now having to sell foreign cash reserves to fund his capitulating economy,
Israel shall receive all the ongoing support it requires and at this time we pray for the safe release of all hostages in Gaza of all faiths and that this unpleasantness is resolved swiftly, diplomatically and without further civilian casualties,
Regards and we pray to God at this time of difficulty for a peaceful outcome,
I have a spreadsheet where I have recorded all the outputs since 01.10.2022,
I have also taken an average of output from 06.07.2023 which I use for future month average daily output,
I record the price per therm at approximately mid-day and feed that into a pivot for monthly average prices which I use for historic and current month forecasts,
Re future months revenue I have the output assumption and use ICE forecast price per Therm,
I have assumed debt to be GB£18 million and use monthly simple interest at 1.5% per month and an assumed interest and loan repayment of 50% of revenue from Saltfleetby Gas Sales,
Follow through the logic in the calcs and see where you agree or disagree,
I also use the assumption that other Revenue Streams for Angus Energy cover all other operational costs,
I have asked those who question the model to propose and alternative set of metrics to reconcile to and perhaps my naivety of Using a PE ratio of 5.0 for Angus Energy is optimistic and come Feb 2024 if I have overestimated I shall re-evaluate the PE ratio,
Regards,
15/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3400 ***ABOVE AVERAGE***
15/10/2023 System Entry Energy, Saltfleetby, D+1 2,768,889.0000
15/10/2023 System Entry Volume, Saltfleetby, D+1 0.2415 *** 8.5285 MMSCF/D ***
Daily Output (Therms) = 94,478
Month To Date (Therms) = 1,372,401
Daily Output (Mmscf/d) = 8.5285
Month To Date (Mmscf/d) = 123.9616
Average Per Day (Therms) From 06.07.2023= 87,904
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,836,296
Average Monthly Price Per Therm = £1.1104
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,428,359
F/C Net Monthly Saltfleetby Gas Rev = £2,149,884
F/C Net Rev Less Disbursements = £2,117,636
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,836,296 £2,149,884 Forecast
Nov-23 2,637,117 £2,197,023 Forecast
Dec-23 2,725,021 £2,378,296 Forecast
Q4 2023 8,198,434 £6,725,203 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,836,296 £2,149,884 Forecast
Nov-23 2,637,117 £2,197,023 Forecast
Dec-23 2,725,021 £2,378,296 Forecast
H2 2023 16,145,426 £11,110,999 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,904
Debt Outstanding KPI* = £1,862,062
12 Mth Rev-Debt = £24,323,730
F/Cast Share Price (p) = 2.07
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.39
Apr-24 1.51
May-24 1.57
Jun-24 1.64
Jul-24 1.74
Aug-24 1.86
Sep-24 1.98
Oct-24 2.07
Regards,
14/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2300 ***JUST BELOW THE AVERAGE OF 41.24 MJ***
14/10/2023 System Entry Energy, Saltfleetby, D+1 2,787,778.0000
14/10/2023 System Entry Volume, Saltfleetby, D+1 0.2434 *** 8.5956 MMSCF/D ***
Daily Output (Therms) = 95,123
Month To Date (Therms) = 1,277,923
Daily Output (Mmscf/d) = 8.5956
Month To Date (Mmscf/d) = 115.4331
Average Per Day (Therms) From 06.07.2023= 87,839
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,829,686
Average Monthly Price Per Therm = £1.0984
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,405,625
F/C Net Monthly Saltfleetby Gas Rev = £2,127,150
F/C Net Rev Less Disbursements = £2,095,242
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,829,686 £2,127,150 Forecast
Nov-23 2,635,164 £2,310,460 Forecast
Dec-23 2,723,003 £2,501,444 Forecast
Q4 2023 8,187,854 £6,939,053 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,829,686 £2,127,150 Forecast
Nov-23 2,635,164 £2,310,460 Forecast
Dec-23 2,723,003 £2,501,444 Forecast
H2 2023 16,134,845 £11,324,849 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,839
Debt Outstanding KPI* = £1,242,585
12 Mth Rev-Debt = £26,579,704
F/Cast Share Price (p) = 2.20
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.44
Apr-24 1.57
May-24 1.64
Jun-24 1.73
Jul-24 1.84
Aug-24 1.97
Sep-24 2.10
Oct-24 2.20
Regards,
Https://www.bbc.co.uk/sport/cricket
Sit, Rejoice & Praise the almighty,
The mighty England Men's Rugby XV may be making steady progress to the Rugby World Cup semi-finals after defeating the Might, Courage and Guile of Fiji however what must WG be thinking ummmmmm!!!!!
Ahhh its only really a paid jolly with a lot of sightseeing!!!!!!!!!!!!!,
Keeping matters in context the Men's Cricketers must make the Board of Angus Energy look like True Professionals!!!!!
LOL
Regards,
13/10/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3400 ***ABOVE AVERAGE***
13/10/2023 System Entry Energy, Saltfleetby, D+1 2,803,333.0000
13/10/2023 System Entry Volume, Saltfleetby, D+1 0.2445 *** 8.6344 MMSCF/D ***
Daily Output (Therms) = 95,654
Month To Date (Therms) = 1,182,800
Daily Output (Mmscf/d) = 8.6344
Month To Date (Mmscf/d) = 106.8375
Average Per Day (Therms) From 06.07.2023= 87,766
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,820,523
Average Monthly Price Per Therm = £1.0776
F/C Hedge 1 = £721,525
F/C Market Revenue = £1,369,116
F/C Net Monthly Saltfleetby Gas Rev = £2,090,641
F/C Net Rev Less Disbursements = £2,059,281
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
https://gridwatch.co.uk/
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Output Of 50,000 Therms Per Day To Complete The Daily Hedge*
1) 6 Month Hedge Requirement Of 9,150,000 Therms / 183 Days: 01.10.2023 - 31.03.2024
2023 Q3 Therms & Revenue
Oct-23 2,820,523 £2,090,641 Forecast
Nov-23 2,632,979 £2,082,832 Forecast
Dec-23 2,720,745 £2,264,698 Forecast
Q4 2023 8,174,247 £6,438,170 Forecast
H2 2023 Therms & Revenue
Jul-23 2,957,493 £1,601,937
Aug-23 2,677,659 £1,463,168
Sep-23 2,311,840 £1,320,691
Oct-23 2,820,523 £2,090,641 Forecast
Nov-23 2,632,979 £2,082,832 Forecast
Dec-23 2,720,745 £2,264,698 Forecast
H2 2023 16,121,239 £10,823,967 Forecast
12 Month Share Price Forecast: 9.05mmscf/d
PE Factor = 5.00
Ord Shares = 4,142,893,340
FC Avg Therms / Day = 87,766
Debt Outstanding KPI* = £2,002,018
12 Mth Rev-Debt = £24,123,677
F/Cast Share Price (p) = 2.06
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Mar-24 1.35
Apr-24 1.47
May-24 1.54
Jun-24 1.61
Jul-24 1.72
Aug-24 1.83
Sep-24 1.96
Oct-24 2.06
Regards,
Https://tradingeconomics.com/commodity/eu-natural-gas
Clear signs the European Market is giving support to the United Kingdom Gas Price per Therm:
Natural gas futures in Europe soared more than 40% to €55 per megawatt-hour in the second week of October, the highest in eight months as demand received a lift from expected cooler temperatures, while concerns about supply were escalated by geopolitical risks and ongoing strikes at LNG facilities in Australia. Israel has shut down a major gas field due to safety concerns amid ongoing conflicts, which could affect liquefied natural gas exports from Egypt. Additionally, a Baltic pipeline leak investigation raised winter infrastructure security worries, leading to its temporary closure. Meanwhile, negotiations between Chevron and unions regarding a pay and conditions deal at its Australian LNG facilities showed some progress on Friday but did not reach a final agreement. Furthermore, anticipated colder temperatures are expected to increase demand for natural gas for heating purposes.