Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
"presentations from guest speakers including Dan Evans, Chief Executive of Speedy Hire plc, covering the Speedy Hydrogen Solutions joint venture with AFC Energy."
"Presentation materials will be made available on the Company's website following the event."
I'm certainly looking forward to seeing the presentation on Tuesday. Hopefully some things in it that we've not seen or been advised before, some new images of the Ammonia Cracker, 200kW, etc too.
Yes RJ, remember that extremely high pressure that was found in Likonde-1, that is what is sitting under this stock, just waiting for something to come along and release it. That might be the licence presentation ceremony, the CH-1 drilling, the pipeline being constructed, first commercial Gas, something will create a big rally IMVHO at some point, something that wakes the rest of the market up to what this company has and causes a significant re-rating.
News Tuesday? Capital Markets Event Wednesday!
200kW was on final wiring weeks ago so could be finished build and starting FAT. Worth a LinkedIn post if it is.
Order from TAMGO is the company's top priority, they have been working together on TAMGO clients, the 30kW is ready to order, so could be incoming any day.
Plenty more going on that could produce an RNS.
"AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce that it will host a Capital Markets Event for sell-side analysts and institutional investors on Wednesday 8th May 2024, beginning at 14.00 BST, at the offices of Peel Hunt, 7th Floor 100 Liverpool Street, Moorgate EC2M 2AT."
There is a staff incentive SAYE scheme.
https://www.lse.co.uk/rns/AFC/launch-of-2023-saye-scheme-q1wdxu3yrp8caev.html
3 sells just gone through, all at 1.27. Up from 1.2 earlier.
Finally on the move even on very low volume. Maybe the MM's got a whisper.
Dow Jones has opened up almost 500 points higher. Not sure what that's all about but hopefully the positivity will spread to the UK market.
Shows on ADVFN live prices (not L2, just normal live).
A buy just went through at 1.347.
1) The Irish exchange never gets any trading, all of the AEX trading is done in London, so that is what it's valuation is based on, London trading.
2) AEX is a small cap, part of the small cap market that has and is being damaged by cash outflows from London.
3) Looking forward, if AEX is to get to the valuation that calculations suggest it should, what they are saying really needs to happen, otherwise we may have to temper down our target prices for the coming years.
Here come the trolls again, talking a load of trollocks again. That must mean their trading software has told them to look out for a sell signal.
Also, while I am here, some troll said the other day that I said britishbulls was rubbish, that's not true at all, I have no view on whether it's good or bad, what I have a view on is traders like them coming on here trying to make out they are clever, when all they are actually doing is following what britishbulls tell them to do, they actually know sweet FA about trading, signal, charts, or anything else, it's all bluff.
Is this right? Seems like 20MW needs a lot of gas compared to what we will produce in the first year?
"The quantity of natural gas that is used to produce 1 MWh of electricity is required and was determined using the following for Trinidad and Tobago: (1) The electrical demand for Trinidad and Tobago for the year 2015 was 9,689,987 MWh [42] and (2) this electrical demand was produced from 107,675 MMSCF natural gas [46]. Accordingly, the natural gas required to generate 1 MWh of electrical power is 9,689,987 MWh/107,675 MMSCF x 1.037 = 11.52 MWh/MMBtu, using a conversion factor of one thousand cubic feet of natural gas being equivalent to 1.037 MMBtu of natural gas [47]. Therefore, the generation 1 MWh of electricity requires 11.52 MMBtu of natural gas."
https://www.sciencedirect.com/science/article/pii/S2666955221000605
So 20MW would need: 9,689,987 MWh/107,675 MMSCF x 24h x 20MW = 43,196 MMSCFD
ARA/Aminex GSA
Key terms of the GSA include:
The GSA will continue until the earlier of the expiry or termination of the Ruvuma PSA or Development Licence or the cessation of economic production from the Ntorya Gas Field;
The Daily Contract Quantity ("DCQ") for the first Contract Year is 40 MMscfd.
Not specific to AEX, but applies to all of your UK small and midcap investments. We need the global investment market to buy our UK stocks if we are to achieve the investment returns we hope for, but for a long time the money has been flowing out of the UK market instead of into it.
"Patrick Hosking’s article in The Times on our report highlighting Coutts’ move to globalise its portfolios. Nothing wrong with their move in terms of their investors, but reflects the damage that outflows are having on the UK market and particularly on the Small & Midcap sector. Time for gov/regulators to activate measures to foster UK investment for UK companies before it is too late."
https://www.linkedin.com/posts/charles-hall-38a5b015_coutts-to-shift-2bn-of-client-money-from-activity-7192059382921089024-BJHd
Not specific to QED, but applies to all of your UK small and midcap investments. We need the global investment market to buy our UK stocks if we are to achieve the investment returns we hope for, but for a long time the money has been flowing out of the UK market instead of into it.
"Patrick Hosking’s article in The Times on our report highlighting Coutts’ move to globalise its portfolios. Nothing wrong with their move in terms of their investors, but reflects the damage that outflows are having on the UK market and particularly on the Small & Midcap sector. Time for gov/regulators to activate measures to foster UK investment for UK companies before it is too late."
https://www.linkedin.com/posts/charles-hall-38a5b015_coutts-to-shift-2bn-of-client-money-from-activity-7192059382921089024-BJHd
Like AFC, way undervalued, hence doing a Capital Markets Event to try and get the valuation to where it should be. But it's not just AFC it's the whole market as shown in the article. As I've posted recently, loads of UK companies have moved to other markets, been acquired dirt cheap, or just delisted and gone private, because they are so undervalued listed in London. AFC are taking it into their own hands with the event. If it fails to move the market cap up meaningfully then it gives weight to my suggestive question on the last IMC meeting for AFC to move off AIM to somewhere that it will get a realistic valuation.
"Patrick Hosking’s article in The Times on our report highlighting Coutts’ move to globalise its portfolios. Nothing wrong with their move in terms of their investors, but reflects the damage that outflows are having on the UK market and particularly on the Small & Midcap sector. Time for gov/regulators to activate measures to foster UK investment for UK companies before it is too late."
https://www.linkedin.com/posts/charles-hall-38a5b015_coutts-to-shift-2bn-of-client-money-from-activity-7192059382921089024-BJHd
Zambia next up then! They won't want to miss out!
Ah, here's RJ's news:
"Govt to Commence Plan for Natural Gas Pipeline Linking Kenya & Tanzania"
"In the Programme Based Budget that was prepared by the National Treasury, it was revealed that the process to begin the development of the project would be undertaken in the upcoming financial year."
"According to the timelines issued, 50 per cent of the preliminary activities such as feasibility studies will be done between July 2025 and June 2026."
"All the preliminary activities will be conducted by the end of June 2027."
According to plans that were detailed by President William Ruto, the pipeline is expected to cover over 600 kilometres and will link Mombasa and Dar es Salaam.
He also added an extension would later be done from Mombasa to Nairobi.
"We will expedite the gas pipeline from Dar es Salaam to Mombasa and eventually to Nairobi so that we can use the resources that we have in our to lower energy tariffs both for commercial and domestic use in Kenya,” Ruto noted during his visit to Tanzania in 2022.
The project will be undertaken through a Public Private Partnership (PPP) to the tune of Ksh140 billion.
https://www.kenyans.co.ke/news/100321-govt-commence-plan-natural-gas-pipeline-linking-kenya-tanzania
Uganda is just one option too.
SEPTEMBER 02 2023
"Kenya has completed the transaction for revamping the defunct state-owned Kenya Petroleum Refineries Ltd (KPRL), paving the way for a gas pipeline from Dar es Salaam to Mombasa."
"In October last year, President Samia and President William Ruto agreed to speed up construction of a natural gas pipeline designed to increase trade and lower energy costs for both countries. The estimated cost of the 600-km pipeline is $1.1 billion."
https://www.theeastafrican.co.ke/tea/business/kenyan-facility-ready-for-tanzania-gas-delivery-4355596
July 10, 2023
Tanzania and Zambia are considering the establishment of a new gas pipeline as they meet today to review the security and extension of the Tanzania-Zambia Mafuta (Tazama).
https://www.linkedin.com/pulse/tanzania-zambia-discuss-natural-gas-pipeline-plan-christopher/
Speedy Hire Named Financial Times Europe Climate Leader
https://www.construction.co.uk/construction-news/307649/speedy-hire-named-financial-times-europe-climate-leader
Speedy Hire Named Financial Times Europe Climate Leader
https://www.construction.co.uk/construction-news/307649/speedy-hire-named-financial-times-europe-climate-leader
Loads of Ammonia to crack! No wonder the Ammonia producers are drooling all over our Ammonia Cracker!
"Green Ammonia Market Size is Projected to Reach USD 62.1 Billion by 2031"
https://www.globenewswire.com/news-release/2024/04/30/2872234/0/en/Green-Ammonia-Market-Size-is-Projected-to-Reach-USD-62-1-Billion-by-2031-Growing-at-a-CAGR-of-77-78-Straits-Research.html
EH??????
I didn't say anything was happening in Parliament to do with us??
What I said was that many of the people that would be required to be at a Licence Presentation Ceremony are not available, as they are in Parliament every week until end of June. The link shows you that they have no spare time other than weekends, that is my point.