Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Adam Bond, AFC Energy CEO:
"Great to welcome our friends from Balfour Beatty plc to site this week alongside our partners Speedy Hire."
"So many new and emerging opportunities for hydrogen and Speedy Hydrogen Solutions to play a fundamental role in the decarbonisation of construction and temporary power!"
https://www.linkedin.com/posts/adam-bond-74841b13_hydrogen-fuelcell-greenpower-activity-7189631037138706434-sEOF
Which was on sharing the post from Elisha Walters, Sustainability Engineer at Balfour Beatty plc:
💧The Hydrogen Journey continues!💧
I had a fantastic day at AFC Energy with Speedy Hire. Myself and the rest of the team had some really important discussions on how we incorporate hydrogen fuel cells into our industry. AFC have a wealth of knowledge in the area and I came away with a good vision on how we move forward with this.
Not only did I get to see the fuel cell but also the ammonia cracker. Something I first heard about around 3 years ago in its infancy - it’s fantastic to now see it in a matured state and the design philosophy behind it.
https://www.linkedin.com/posts/elisha-walters_hydrogen-fuelcell-greenpower-activity-7189575151795994624-dEPp
Balfour Beatty plc (/ˌbælfʊ ˈbiːtiː/) is an international infrastructure group based in the United Kingdom with capabilities in construction services, support services and infrastructure investments. A constituent of the FTSE 250 Index, Balfour Beatty works across the UK, US and Hong Kong.
By turnover, Balfour Beatty was ranked in 2021 as the biggest construction contractor in the United Kingdom
https://en.wikipedia.org/wiki/Balfour_Beatty
It would not surprise me to see this very soon, as they have had a lonnnnnnnnnnng time to discuss it.
22 November 2023
"Quadrise is now pleased to announce that the industrial demonstration test of MSAR® and bioMSAR? fuels at the client's site in Morocco (the "Trial") has been successfully completed"
"Emissions from MSAR® and bioMSAR? combustion were very low, and well within environmental limits for the site. This was the first demonstration of bioMSAR? in an industrial application. Quadrise is now preparing a technical report to submit to the client within the next month."
"The parties will now enter into discussions for long-term commercial supply, in conjunction with reaching agreement for testing at the client's other sites to expand supply opportunities for MSAR® and bioMSAR? fuels. In parallel, the Company will continue work to ensure the supply of appropriately located and priced residual feedstock."
18 March 2024
Morocco:
"The parties are now negotiating a long-term commercial supply with a view to signing an agreement by mid-2024."
"In parallel, Quadrise completed a technical and economic feasibility study for an additional paid-for industrial demonstration test at a second site of the same client ("Site A") as part of efforts to expand commercial applications for MSAR® and bioMSAR? fuels."
"Quadrise submitted a technical report on the test results to the client and the parties have commenced discussions on long-term commercial supply, aiming to sign a fuel supply agreement in H1 2024."
Someone seems really desperate today to bash the stock. Pity for them that nobody is listening to the drivel they post.
Pond life returns for the start of his usual weekend bashing campaign, clearly avoiding the LSE moderators that keep deleting his lies.
Well soon find out what the ii's and sell side analyst thinks the Ammonia Cracker is worth, and the company as a whole, once they have been to the Capital Markets Event, absorbed the information provided by AFC, and done their due diligence. If they think the company is right now worth more than double the market cap, they will be piling in and telling their fund manager and private clients to pile in.
Wrong, wrong and wrong.
So many straws clutched at there, and baseless assumptions.
BG,
IMVHO they will reimburse their share of costs for NT-1 and NT-2 as these will both be commercial wells.
"The net Proceeds of the Placing will provide the Company with sufficient capital to support its business plans, including drilling a well."
They must be very confident that they will be drilling that well, so I'd ignore the placing price and the dilution, as drilling the well will multiply the share price.
BG,
This is why I believe the TPDC have to reimburse Aminex for costs incurred to date on the licence if they back in. The precedent has already been set.
"Tanzania Petroleum Development Corporation (TPDC) has notified operator Aminex that it plans to take a 5% working interest in the Kiliwani North development licence. Under the terms of the Nyuni East Songo-Songo production-sharing agreement which governs the Kiliwani North licence, TPDC has the right to take up 5%, in exchange for reimbursing the joint venture partners with the parastatal’s proportionate share of development capital expenditure on the licence to date."
https://www.africa-energy.com/news-centre/article/tanzania-tpdc-exercise-back-right-kiliwani-north
Going back to this thread, it is evident that ARA mention Oil several times in their 3D Seismic analysis. So as I have said, ANY trap that ARA drill could contain Oil. CH-1 is unlikely to because it is the same trap as NT-2 penetrates, so we know what is in it, but ANY subsequent traps, as I have said, could contain Oil. The most noteworthy mention is "Both the Karoo and Jurassic source rocks are now identified as being potentially mature for OIL and gas generation in the Mtwara Licence".
"Large structural and stratigraphic traps have the potential to host gas and OIL accumulations including, inter alia, a large untested mass transport complex prospect (“MTC”) which, in terms of structure and depth, closely resembles several of the large-scale offshore accumulations which await development."
"OIL and gas shows are noted in sands identified on mudlogs in Likonde-1 at the levels of the Jurassic post-rift prospects in the block, suggesting the bright amplitudes up-dip of the Likonde-1 well could be potential direct hydrocarbon indicators."
"Deposition occurred during the Early Jurassic in a partially restricted marine environment allowing additional potential OIL and gas source rocks to be deposited and preserved under anoxic conditions. Both the Karoo and Jurassic source rocks are now identified as being potentially mature for OIL and gas generation in the Mtwara Licence"
"The southern of the two mapped lobes is distinct as a separate prospect, but in contrast to the northern fan, the feeder channel has not been preserved potentially aiding up-dip trapping. OIL and gas shows were noted in sandstones in the Likonde-1 Jurassic interval which, when combined with strong indications of fan geometries significantly derisks these prospects."
https://aminex-plc.com/wp-content/uploads/2024/03/APT-Revised-Resource-Potential-Mtwara-Licence.pdf
“TPDC paid Maurel et Prom USD 23.6 Million using its internal revenues to acquire the interest."
How much would Aminex get? I think they said somewhere that exploration costs would be repaid pro-rata, and gave a figure for the total?
"Tanzania and Uganda Ink Historic Gas Pipeline Deal"
November 13, 2023
Tanzania and Uganda signed a bilateral agreement on Thursday that pledges to build a natural gas pipeline in a ground-breaking and spice-infused gesture.
This pipeline has the potential to catapult both countries into an age of extraordinary energy security and economic prosperity.
As the deal was being signed, Biteko said, “This project will not only skyrocket the demand for natural gas, but it will also breathe vitality into Tanzania’s Lindi and Mtwara regions, transforming them into powerhouses of energy production.”
https://infrastructure.go.ug/tanzania-and-uganda-ink-historic-gas-pipeline-deal/
"Speaking at the signing ceremony, Mr. Biteko emphasized that the project will increase the demand for natural gas in Tanzania as well as gas production in the Lindi and Mtwara regions of the country."
https://en.sputniknews.africa/20231110/tanzania-uganda-sign-agreement-to-construct-natural-gas-pipeline-1063448396.html
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Ntorya is in Mtwara.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
"the Ntorya Gas Field, located in Mtwara Province, Tanzania."
https://arapetroleum.com/gas-sales-agreement-for-the-ntorya-gas-field/
Ecologist,
They don't have any verifiable info, it's all utter drivel made up in their twisted mind to try and 1) wind up shareholders 2) bash the stock, that is it, there is nothing material in anything they post, never has been and never will be.
Back in would mean a big lump of cash coming to AEX soon.
FOMO Friday anyone?
Someone seems really desperate today to bash the stock. Pity for them that nobody is listening to the drivel they post.
Hopefully a 30kW AFC Energy Hydrogen Fuel Cell Generator will be there. We know they have at least one and should have a few more by the date of the event, and this is the ideal event to show it off.
Speedy: "Join Us at our Southampton Net Zero Product Day Event!"
We’re thrilled to invite you to our Net Zero Product Day & Southampton Customer Launch Event. This exciting occasion will showcase Speedy Hire’s commitment to sustainability through our ground breaking strategy, “The Decade to Deliver.”
Why Attend?
▶ Inspiration: Be inspired by our vision for a sustainable future.
▶ Insight: Gain valuable insights into our sustainability initiatives.
▶ Innovation: See brand-new ECO products and state-of-the-art service centre technology
Please RSVP to your Account Manager
https://www.linkedin.com/posts/speedy-hire_netzero-esg-sustainability-activity-7189579392153452544-Q2xv
AEX should be 3x to 4x the market cap at this stage, with the resources it has, maybe the licence in the bag will get it a re-rating.
Here's an interesting post on LinkedIn from broker Peel Hunt today, showing how UK stocks are being hoovered up, many by foreign companies/competitors. This is because the majority of UK stocks are very undervalued compared to other markets, especially USA. As UK investors we all need this to change, preferably sooner rather than too late.
"There is no doubt that the UK has some great companies - this is clear from the number of people who want to own them. The Darktrace news today means that 21 UK companies are being bid for in just 4 months of which 12 are FTSE 350. At this rate there won’t be much left. There is no point whistling to keep our spirits up - the answer is real and rapid change, such as pension reform, a British ISA and removing stamp duty."
https://www.linkedin.com/posts/charles-hall-38a5b015_bhp-buyout-of-anglo-american-deals-another-activity-7189539136427499520-45ml
AFC Energy 86p average broker target. Ammonia Cracker worth more than the current market cap, but not priced in yet. 200kW system not priced in yet either. These points demonstrate that AFC Energy is significantly undervalued. It is something the company is hoping to change with it's Capital Markets Event in 11 trading days time.
Here's an interesting post on LinkedIn from broker Peel Hunt today, showing how UK stocks are being hoovered up, many by foreign companies/competitors. This is because the majority of UK stocks are very undervalued compared to other markets, especially USA. As UK investors we all need this to change, preferably sooner rather than too late. This is why I asked the question on the IMC meeting on whether the board had looked at listing on NASDAQ or the UK main market.
"There is no doubt that the UK has some great companies - this is clear from the number of people who want to own them. The Darktrace news today means that 21 UK companies are being bid for in just 4 months of which 12 are FTSE 350. At this rate there won’t be much left. There is no point whistling to keep our spirits up - the answer is real and rapid change, such as pension reform, a British ISA and removing stamp duty."
https://www.linkedin.com/posts/charles-hall-38a5b015_bhp-buyout-of-anglo-american-deals-another-activity-7189539136427499520-45ml
An interesting post on LinkedIn from broker Peel Hunt today, showing how UK stocks are being hoovered up, many by foreign companies/competitors. This is because the majority of UK stocks are very undervalued compared to other markets, especially USA. As UK investors we all need this to change, preferably sooner rather than too late. SDRY is a clear bargain and deserves bidders coming for it.
"There is no doubt that the UK has some great companies - this is clear from the number of people who want to own them. The Darktrace news today means that 21 UK companies are being bid for in just 4 months of which 12 are FTSE 350. At this rate there won’t be much left. There is no point whistling to keep our spirits up - the answer is real and rapid change, such as pension reform, a British ISA and removing stamp duty."
https://www.linkedin.com/posts/charles-hall-38a5b015_bhp-buyout-of-anglo-american-deals-another-activity-7189539136427499520-45ml
An interesting post on LinkedIn from broker Peel Hunt today, showing how UK stocks are being hoovered up, many by foreign companies/competitors. This is because the majority of UK stocks are very undervalued compared to other markets, especially USA. As UK investors we all need this to change, preferably sooner rather than too late.
"There is no doubt that the UK has some great companies - this is clear from the number of people who want to own them. The Darktrace news today means that 21 UK companies are being bid for in just 4 months of which 12 are FTSE 350. At this rate there won’t be much left. There is no point whistling to keep our spirits up - the answer is real and rapid change, such as pension reform, a British ISA and removing stamp duty."
https://www.linkedin.com/posts/charles-hall-38a5b015_bhp-buyout-of-anglo-american-deals-another-activity-7189539136427499520-45ml