Member Info for swizz

And not to forget, they raised at 5p in Sept/Oct 2024 and the directors sacrificed salary in exchange of shares at circa 10p per share, plus the board and their close supporters have a sizeable share of the companies equity.

Not a huge surprise considering recent events, but the equity movements in recent days add an interesting dynamic to the sale process, plus, as they are barely above their listing value, it should be an interesting few weeks and with a cash runway until June 25, along with other funding sources available, this will be anything but a fire sale,..GL S

Sometimes you need to lead a horse to water,..join the dots folks,..GL S

The PFG was released yesterday and along with reshape of the new government, it sets the scene for what I expect to be the start of an intense period of lobbying, from Lansdowne, BOE and other interested parties,

The PFG contains over 70 plus separate references to energy and of particular interest was the following,..GL S

Page 12...

This Programme for Government sets out a strong enterprise and fiscal framework which will prioritise economic and employment growth, competitiveness, fiscal responsibility, investment in innovation, energy and decarbonisation.

This plan will cover industrial policy, reducing the cost and regulatory burden on business, investing in infrastructure, digital regulation and reform, energy reform, international trade and research and development, and innovation.

Page 13...

Publish an Action Plan for Competitiveness and Productivity within 12 months, which will target making Ireland the most supportive environment for indigenous businesses and the most attractive location for startups and foreign investment. This action plan will include tax and wage policy, access to finance, education and training, energy and utility policy, infrastructure and digitisation.

Page 52

Take all necessary action to ensure and protect Ireland’s energy security.

It’s certainly an interesting development and with all other major holdings in firm hands and an active buyer hoovering up the trust fund positions, you would think we start to build from this point,..GL S

Fascinating development and interesting to note existing holder clears Canaccord and some other positions, based on the circa 17% holding,..GL S

Would you consider them vulnerable to a low ball approach at this level?, considering the investment to date in the R&D and the potential future markets,

it does feel a touch overdone,..GL S

HNY all and a couple of snippets I am sure everyone has picked up on, but the below are two glaring examples of how Ireland’s misplaced ideology has compromised their own energy security in a material way,..

Plus, on a check in with those a little closer to the granular details, progress is being made on numerous fronts for Lansdowne and certainly the reshape of Ireland’s government is closely aligned with the background works and I remain very optimistic of key developments coming to fruition in Q1, ..GL S

https://www.centrica.com/media-centre/news/2025/perfect-storm-reduces-uk-winter-gas-storage-to-concerningly-low-levels/

https://gript.ie/2024-worst-year-on-record-for-wind-power-lost-as-electricity-supplied-by-wind-falls/

A very different pathway looks even more likely now,..

Third leg of next government beginning to look clearer

The Regional Independent Group is now firmly on course to become the third leg of the next government.

The group has nine TDs: Michael Lowry, Noel Grealish, Kevin 'Boxer' Moran, Seán Canney, Marian Harkin, Verona Murphy, Carol Nolan, Barry Heneghan and Gillian Toole.

It will appoint a negotiating team next week for government formation talks with Fianna Fáil and Fine Gael.

https://www.rte.ie/news/politics/2024/1211/1485889-govt-talks/

Good to note the Polish authorities are ensuring their priorities are in the right order and this will ensure this remains very topical in EU parliaments this winter and beyond, which will be fully aligned and supportive of background conversations,.. GL S

“Poland puts energy security on top of EU presidency agenda, sidelining climate”

https://carbon-pulse.com/350591/

Https://www.theborneopost.com/2024/11/15/satok-rep-sarawak-never-gave-up-sovereign-right-on-og-resources-omo-reborn-after-emergency-ordinance-lapsed-in-2012/

Perhaps a question of when Petronas back down and respect Sarawak’s sovereignty and rights, rather than an IF they do and agreed, there is certainly a significant increase in the political pressure that is being applied.

Perhaps another indication that we are moving toward a different political environment,..

“Harris and Martin block Green proposals for €2bn Climate and Nature fund”

“Coalition partners say it was premature for Minister of the Environment to earmark money to specific areas without consultation”

https://www.irishtimes.com/politics/2024/11/05/harris-and-martin-block-green-proposals-for-2bn-climate-and-nature-fund/

It also looks as if November 29th is the firm favourite for the GE date, hopefully that will help crystallise a number of activities going on in the background,..GL S

First buy in a very, very long time, but I sense we will not be silent forever,..GL S

Unfortunately they continue to be very tough markets, where circa £10k of trades can wipe £100’s of thousands from the market cap, as a result of spurious research, but good to note a few were sharp enough to take advantage,…GL S

Hopefully not too much longer to wait and as per my note earlier in the week, I understand there were some positive developments late last week, ..GL S

LG made circa €40m available to cover the development costs of Barryroe and a Lansdowne supporter made circa €8m to cover their costs and whilst time continues to pass us by, the oil and gas are still there and so is the support, it will be interesting to see what unfolds when the political landscape changes in Ireland, which it surely will at the next GE,..GL S

I understand there was some positive developments late last week, so hopefully we will see some news tomorrow,..GL S

Mb, I think that’s a fair assessment of the situation and today’s update,

I have checked in with a few closer to the granular details and support remains very strong in the background, plus it is sensible to look at retaining the AIM listing, as the main priority of Barryroe will require a political change and the prospect of that look to be more favourable, in light of recent developments in Ireland and that time line is likely to be 6 to 9 months,..GL S

In my opinion the current mkt cap is ludicrous, but I completely get the frustration and it has been very evident for a number of years, that the Jangada board will not make noise purely for the sake of making noise,

The Pitombeiras development progress for Janagda, has also unfortunately coincided with the small cap and micro cap sectors across AIM and LSE being extremely challenging in the last couple of years, but DC has made a number of pertinent points in his recent messages and I would encourage anyone with any semblance of interest to read them and digest the detail,..GL S