The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
“H2 View understands the project will investigate hydrogen pipelines and subsurface silos; lined rock caverns and shafts excavated from intact rock and lined with cement and steel; and salt caverns.”
https://www.h2-view.com/story/emstor-secures-funding-to-identify-hydrogen-storage-solutions-in-the-east-midlands/2107260.article/
• Exciting new study funded through OFGEM/Innovate UK's Strategic Innovation Fund (SIF) will explore underground hydrogen storage potential.
• EMstor (East Midlands Storage) will study and map regional potential of intermediate to large-scale hydrogen storage options.
EMstor, a consortium led by Cadent, the UK’s largest gas distribution network, and partnered with Star Energy Group, British Geological Survey (BGS), Net Zero Strategy and the University of Edinburgh, has been awarded Discovery funding by OFGEM/Innovate UK’s Strategic Innovation Fund (SIF).
This is new. Cheers Daniel
Even a whisper of something being able to be done with those gas reserves would set the thing booming. Sadly I think we can discount it for now. 2000 Bopd and getting debt free in 2024 is still pretty incredible for the cap here.
Blue today. Net debt has been paid down aggressively over last couple yrs. They stated in presentation before xmas they expect to have it paid down by June. That level of cash generation will be enormous for co at this market cap, quite mad. Tuck em away.
Net debt
Nov 23 update: GBP2.6 million
22 Finals: GBP6.1m
21 Finals: GBP12.2m
Although this interview has s a couple month old, after this announcing two near term revenue projects this week, both with great potential to expand, it’s worth a re listen to this stock box from a while ago..
“Having invested £7.5m in our business, the Kansagra family has always made clear that their goal is to bring all shareholders along on our journey
In this interview, recorded in the summer, Bhulo Kansagra shares his investment vision for #KAV”
https://x.com/kavangores/status/1735671617345175705?s=46
Yeah I agree on the dollar Mike. Was a good down week but still incredibly high. It’s been non stop since early 21 and rate hikes. Hopefully they reduce them slightly before elections over there, might put a top in it at least. I think that’s the reason for the drop this week also.
https://www.cnbc.com/amp/2024/03/07/powell-says-fed-is-not-far-from-the-point-of-cutting-interest-rates.html
Extended 2nd payment for smart hospital co until September
https://hatiintl.com/
That’s a second project with near term revenue!
Kavango Resources plc (LSE:KAV), focused on metals exploration in Southern Africa, announces the formation of a new subsidiary, Kavango Mining (Pvt) Limited, in Zimbabwe, signaling its entry into revenue-generating gold mining operations at the Hillside Project. This initiative involves taking over existing profitable mining operations, aiming to double the current gold production to 1 kilogram per month by 2024. With initial revenue projected at approximately US$30,000 a month from March 2024, Kavango plans to upgrade the project's facilities and support local community-led gold extraction to boost near-term production. The company has also begun renegotiating terms for the option to acquire Hillside, exploring the potential for larger-scale gold deposits. CEO Ben Turney expressed enthusiasm for Kavango's first step towards becoming a significant gold producer in Zimbabwe, highlighting the potential for further production opportunities and the commitment to invest in the local community and modern mining practices.@KavangoRes