Member Info for speculator07

Dare I ask, anyone as to hazard a 'wild' guess what might happen now?

Anyone want to hazard a guess as to what will happen to Enwell and the share price if Russia invades Ukraine?

Just when you thought it couldn't get any worse! Russians, desperate to invade, the Ukrainian government with their partial gas price regulation, albeit it is a temporary measure has destroyed the SP in the last six months. Poor Enwell not for the faint hearted. However, the situation could all change in an instant for better or worse. At this price, it's got to be worth a punt. Could quite easy double in the next few months, if not, we're all doomed anyway with the start of World war 3!

The usual panic that sets everyone off for no apparent reason. Good time to get back in as you might see a quick return to previous levels and beyond? Hold on! ;-)

Might be worth a call to ask what they are playing at and when we might see some photos of progress?

If you have any queries relating to the above, please contact the company's nominated adviser on +44 (0)20 7397 8900.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

https://www.morningstar.co.uk/uk/news/AN_1623834856329979600/mercantile-ports--logistics-shares-surge-on-debt-restructuring.aspx
Yes problems, disgruntled IPO investors, but for new investors a golden opportunity. DYOR IMO

Yes but for NEW investors at 0.65 of a penny it's a bargain and risk to reward worth taking in my opinion. At long last things are starting to move but I was surprised covid hadn't been mentionedup up to this latest RNS, can't see India doing a vaccine rollout like they have done here. So nothings changed here and as long as the bank has backed MPL's finances and large company's continue to stay invested, then I'm happy to stay with MPL for now. If I see 2p-3p at some time I'll be a happy camper ?? If you as a previous IPO investor will every get your money back , we'll I think you know the answer to that question. I notice you still hold some shares here even after all this time ?? The past is the past and the future remains to be seen, Rome wasn't built in a day ??

An investor who has obviously bought in at a high price and is understandably angry at the company. In Dec 2018 after the share price had plummeted from highs of £2.43+ back in 2010. However, we can see an investment from Hunch ventures of 414 million shares bought at 2p in Dec 2018. Yes, there have been many problems in the past but buying in now for new investors is a no brainer in my opinion. If I had bought in at £2+ or 10p I'd be cheesed off! But other big investors still hold a large amount of shares in this company such as Schroders, M&G, Hargreaves Lansdown, British Steel, Hunch ventures and many others so he have to question why have rhey not sold many months ago?

Regular updates from this company as promised, highest population country in the world, great port location with good links to India, included in many special situations fund's, large buy in 2018 at 2p, what's not to like. Yes there are issues but what shares at this rock bottom price don't have any. DYOR

Maybe light at the end of the tunnel. Infections now seem to be slowing down. On Monday, cases fell below 200,000 for the first time since 14 April. R number falling below 1 as well. No news since last update, maybe good time to top at these levels. DYOR
https://www.bbc.co.uk/news/world-asia-india-57225922

We'll be back soon
Due to the ongoing uncertainty surrounding COVID-19 we have decided to pause all lending. This will allow us to dedicate more of our people to helping existing customers that, as a result of the pandemic, may be struggling with their loan repayments.

We are sorry we're unable to help today, but please be assured this is only a temporary measure. If you need any further assistance, please visit our help hub.

Take care and stay safe, the team at Amigo.

https://www.itv.com/news/2021-05-03/boris-johnson-announces-1-billion-uk-trade-deal-with-india-set-to-create-more-than-6000-jobs?fbclid=IwAR0IR1YzjbHAxJNycWJf3qJNuaNJF_Ouy_I5F75CrxQ1Dy4uJDK_GELOh3o The share price is holding up which is good under the circumstances. Hopefully better news in the next few months... Also in a few special situations funds too which again is good as it gives assurance that good things will come in time. DYOR

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

FROM THE WEB SITE......

Why invest in Enwell Energy

While we continue to focus exclusively on Ukraine’s growing domestic gas market, we are currently developing our fields, facilities and equipment as part of a major and fully funded capital development programme – making Enwell a significant investment opportunity.

I don't understand, why Enwell changed its name, redid its website. For once Enwell seemed to have turned a corner. Yet still after all these years it fails to deliver any shareholder value time after time. This last blow is hard to bare and begs the question why keep putting investors through this slow torture. Either deliver and annonce a dividend and increase share holder value or buy the last few long suffering share holders out. Or are we all missing something? Has anyone ANYTHING positive to say anymore?

Can we just look back to the last update:
"Ramping up of operations from the beginning of Sept"
Over the last few months, we have significantly strengthened our business development team and I look forward to updating the market as we close further contracts with pipeline customers throughout the course of the year".

What do people expect? The company is now heading in the right direction people expect to quadruple their money over night! Good things come to those who wait. Time to top up! DYOR Next update and I don't think it will be that long we will hopefully see new developments.

Enwell Energy PLC (ENW)
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Thursday 25 February, 2021
Enwell Energy PLC
Results of SV-25 Well and Spud of SV-29 Well

RNS Number : 2647Q
Enwell Energy PLC
25 February 2021

25 February 2021



Enwell Energy plc
("Enwell" or the "Company")



Results of SV-25 Well and Spud of SV-29 Well



Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas exploration and production group, is pleased to announce the results of the SV-25 well and the spudding of the SV-29 well at its Svyrydivske (SV) gas and condensate field in Ukraine.



The SV-25 well is an appraisal well, targeting the B-20, B-22 and B-23 horizons in the Visean formation. The well was spudded in July 2020 and has been drilled to a final depth of 5,320 metres. One interval, at a drilled depth of 5,184 - 5,190 metres, within the B-22 reservoirs was perforated, and initial testing was undertaken using a variety of choke sizes. The well has been hooked-up to the gas processing facilities to allow longer-term production testing to be conducted to optimise the operating parameters of the well. Currently, the well is producing at a stabilised flow rate of approximately 1.9 MMscf/d of gas and 109 bbl/d of condensate (452 boepd in aggregate).



The SV-29 well has now been spudded and has a target depth of 5,450 metres. Drilling operations are scheduled to be completed by the end of the third quarter of 2021, and, subject to successful testing, production hook-up is scheduled during the fourth quarter of 2021. The well is primarily a development well, targeting production from the B-22 horizon, as well as appraising the B-21 and B-23 horizons, in the Visean formation.



Sergii Glazunov, Chief Executive Officer, said: "We are very pleased with the results of the SV-25 well, which was drilled safely and successfully, and ahead of schedule. The robust flow rates recorded will provide a further boost to our overall production volumes. We are also looking forward to the safe and efficient drilling of the SV-29 well, which we hope will continue our success in the development of our fields."



This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Sorry, must apologise for the terrible grammar and spelling in the last post but I'm currently at work and messaged on on my phone. (you can't edit these posts either!) The main point I was making that in the the last line of the RNS Jeremy Warner Allan states "I look forward to updating the market as we close further contracts with pipeline customers throughout the course of the year" GLA

Jeremy Warner Allen, Chairman of Mercantile Ports said, "I am very pleased that we have entered into two long term contracts with customers who have carried out significant due diligence over a number of months on various port and logistics facilities in the region and came to the conclusion that the Karanja facility provides modern infrastructure that will aid in the growth of their respective businesses. These contracts highlight the important part that Karanja can play in the growth of Maharashtra and the neighbouring region.


Just re-read tbe last RNS. MPL are working hard to grow and develop this port. Yes there have been problems but they are working them through. As i sad ive sold shares before and regretted later when the price shot up. This is a hold for me. The management are well placed and have contacts in the region and the first shoots of growth are coming through. This could be a share that you wish you had bought into years from now. But that is my own opinion. There will be investors who have made lost a lot in the past but could be a share to watch in 2021. Ive just bout more!

Jeremy Warner Allen, Chairman of Mercantile Ports said, "I am very pleased that we have entered into two long term contracts with customers who have carried out significant due diligence over a number of months on various port and logistics facilities in the region and came to the conclusion that the Karanja facility provides modern infrastructure that will aid in the growth of their respective businesses. These contracts highlight the important part that Karanja can play in the growth of Maharashtra and the neighbouring region.



"I am also pleased with the progress being made with the Tata-Daewoo Contract announced previously. I believe that this clearly demonstrates our facility's importance to the region. Over the last few months, we have significantly strengthened our business development team and I look forward to updating the market as we close further contracts with pipeline customers throughout the course of the year".

Nothings changed here Rome wasnt built in a day. I wouldn't be surprised if we got more news soon and this will easily jump over 1p and beyond. Anyone who sells might miss the boat, quite literally! Great time to load up :-)