The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Agreed HB4. It appears the excitement over sells and buys is mostly unwarranted unless its type O. I'm not a day trader so it matters little to me, the SP is the factor I follow, and it is a concern that this seems to be played with by someone, for reasons that are unclear. This was always a punt on oil for me. Then the gas was found and a ready Market to supply, right location and political support it's about as stable as you can expect on AIM.
Idiots guide to SETSmm search will give some insight as to what we see on the trades.
AT trades are nearly unimportant as to wether they are down as a buy or sell as it's always both and best price at the time is what determines how its reported.
Perhaps continuously trading small amounts is designed to control the price from rising, by reducing the percentage rise so it does not get seen as a price hike by the algorithm? I don't know for sure, but it may be a slow way to fill an order?
Anyone on here familiar with trade methods?
EIA Summary from offshore energy news.
According to Chariot, the EIA process for the Anchois gas development project offshore Morocco was conducted over a 12-month period and was informed by onshore and offshore environmental and social baseline surveys, an open and transparent stakeholder engagement program held in conjunction with relevant parties, and a public inquiry process which spanned four local provinces.
Furthermore, the final report sets out the requisite planning, mitigation, and monitoring measures to follow during construction and production. Chariot’s EIA, which integrates recommendations from the National Environmental Committee, is valid for five years and covers all aspects of the development including future wells and offshore infrastructure, the onshore Central Process Facility, and link to the GME pipeline.
Turmoil in the world is making investment difficult in some areas but with the exception of Israels interests in Morocco now in doubt, this seems as stable an area as anyone can get. As it grows I fully expect that to be realised by it's. Don't think 14 to 15 will be available for long.
Current events in Palestine/Israel are likely to have an impact on the Abraham accords. Morocco and Israel had looked to work together on the Boujdour Atlantique exploration license, which is located off the coast of Morocco in the Atlantic Ocean. I wonder if that's still likely?
From Energy voice.
ONHYM, IN-VR to host the 3rd Morocco Oil & Gas Summit
Participants will be available to meet during dedicated 1:1 meetings with ONHYM and the country’s biggest Project owners, as the event has been tailored to host two full days of non-stop networking for E&P leaders to meet with Moroccan and African players in Marrakech.
Fernan, it is clear you don't share the direction that CHARIOT is taking, which is to diversify its energy options, due to the growing risk of fossil fuel dependency.
They have identified gas as the medium term, and are using it to grow the company in an underdeveloped high growth market, Africa. The way they are doing it , imo, is fine, (if to slow for my personal purposes).
Partner/farm in will provide funds to push several markets, with good intentions for the customers, providing an open door to further growth, it's the same tactic China is using on a bigger scale, very successfully. Having AP with knowledge and background in the area is a bonus.
You see dilution, not development which I find strange as the company has been very clear on the direction its going. Hope you get what you need from this investment.
AIMHO. DYOR.
Etana is a positive Fern. It provides a license to distribute energy in a part of Africa that is hungry for it. Having the means to generate green electricity is pointless without access to the grid and market. This revenue may be closer than gas or hydrogen for us.
AIMO
Bear in mind paid derampers will undermine any aspect of a company they can. CHAR have the gas and a market and the support to deliver it, so they can only attack the BOD. That's not say the BOD are great, they could do better with communication imo, but we are still on track.
Be aware how your anxiety is used against you. Don't be surprised if this dips again.
AIMHO
Hi Ianfer,
I also made a note about rainbow. Unfortunately did nothing about it. Hindsight is frustrating.
I've seen criticism in various news channels, about the leaderships lack of response to the crisis in Morocco. late reaction to the disaster and no response to global offers of help . G20 in session meant offers for help were faster than usual. Lack of news to the people on the media also apparently?
I can see a backlash if this is the case. A declaration that ambulances will be sent to the affected areas is not going to cut it, when many roads are inaccessible.
Hi Ianfer,
I also made a note about rainbow. Unfortunately did nothing about it. Hindsight is frustrating.
I've seen criticism in various news channels, about the leaderships lack of response to the crisis in Morocco. late reaction to the disaster and no response to global offers of help . G20 in session meant offers for help were faster than usual. Lack of news to the people on the media also apparently?
I can see a backlash if this is the case. A declaration that ambulances will be sent to the affected areas is not going to cut it, when many roads are inaccessible.