Member Info for spudtheplumber

Lol

https://twitter.com/darrenhazelwood/status/1257320819484577793?s=20

OMNI enters into a letter of intent to acquire 56% of Northshore Gold project.
Transaction is worth $1.45m and OMNI has raised a further $1.5m in cash.
#PALM is a direct neighbor, we share a boundary.
Delighted to see this area really coming alive!

Good info from our CEO about the wider expo area

500k is sweet FA imo

We need a meaningful buy from Execs or the Chairman, like I said a few days ago it was suggested at various meetings the bod would buy more once out of closed period

"In addition, the current situation is also resulting in an enhanced ability for the Company to complete the desk-top evaluation of several new projects globally.  If any of these projects are determined to have potential, we will look forward to adding these to what is already a strong portfolio"

Interesting...

It was suggested at various meetings that other board members would be buying when out of closed periods.
Judith having bought suggests more should be getting their wallets out!
We wait and see ...

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/INFA/14524731.html

BP
the 2million asset backed debt facility is expensive and the company suggest it is short term.
H&W can be considered a start up imo but with reasonably high overheads lol.
Infa is still high risk and Harlands will be the main value driver medium term. Lots of risk but also lots of potential...

https://timera-energy.com/two-case-studies-of-renewable-intermittency/

"That leaves conventional gas-fired generation playing a structural flexibility provision role well through the 2030s, albeit at steadily declining load factors. And that is not an outcome that is inconsistent with net zero emissions targets in 2050.  Gas generation is effectively buying time for the commercialisation and scale up of low carbon flex capacity such as hydrogen and longer duration storage."

I thought the same as far as gas prices go LG

Price doesn't matter just the volatility and intermittency of power supply from renewables adds to this daily volatility

I've been thinking about the Non Exec roles and can't see what exactly Malcolm "brings to the party"?

Surely Stephen Roser with his years of relevant experience and very significant share holding would be a much better fit. Shareholders need an aligned representative on the board to look after their interests imo.

I was chatting to a UK oil and gas professional earlier and they pointed out due to the state of the UK oil and gas industry we will inevitably see accelerated decommissioning activity.
Something Harlands could potentially get part of (especially in Irish Sea)

I'm assuming H&W working (never assume anything especially on AIM of course)

14th April saw a mini spike on smallish volume, this was (imo) unresearched traders buying in after seeing RNS headline of EU funds recieved. It pulled back as they gradually sold out.
The subsequent rise has been on lower volumes (without significant sells) probably helped by the confidence Stephen Roser has shown!

Could it be we've seen the bottom sp wise ?

Get some decent contracts in for H&W and the market will be able to finally price the asset as such imo.

The ML has taken much longer than anyone expected so Harlands may prove to be an excellent call by the bod.
Time will tell....

I dont think we said that?...

Been doing a little research on whiterock who advised infa in setting up the Harlands asset backed debt facility

https://twitter.com/spudtheplumber/status/1231315335879458817?s=19

Interesting....

Interesting article
https://twitter.com/NatGasWorld/status/1231127958703738880?s=19

Although gas demand is forecast to decrease so does domestic production
Imports slightly increase!
Security of supply will be very relevant for years to come
Could be a good time to operate an LNG Import terminal too ;)))

I reckon the distressed seller must be nearly out!
Hopefully back to fair value then the ipo investors will be much happier

https://www.rechargenews.com/transition/eib-eu-should-set-target-for-green-hydrogen-to-push-gas-out-of-market/2-1-759111

Green hydrogen is produced by electrolysis using excess renewable power.
This energy then needs to be stored, salt caverns provide a solution.
Big push across Europe to achieve net zero carbon emissions. Hydrogen can (and imo will) play a major part in the decarbonisation of heat and transport

https://twitter.com/NatGasWorld/status/1230025580000763904?s=19

Just one example of potential hydrogen use

No