George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Great to see the recent bounce. Mr O'Farell retains his large holding so he's happy I guess.
More buys than sells and the sp is down today. Tree shake.....? Also more Oil and Gas for the UK's old and vulnerable heading to the 2022-23 winter energy crisis (downgrade from catastrophe) . Great work UJO and her asset partners
Yeah, big petro helicopter flew last week, blew the bl**dy leaves off
Yes excellent work by UJO and Rathlin. Oil and Gas production is keenly challenging to address the inherent risks associated with hydrocarbon extraction. Rathlin have a superbly well run, compliant site which is being closely monitored by the profession O&G division of the HSE. That's clearly stating the obvious. !
Page 41 (Accounts 2021) £147,771 Royality income. David's worth his Pay rise!
On a more holistic note we must congratulate Drill or Drop for their Independent journalistic coverage of Horse Hill. All that unbiased news clearly had an effect on the Environment Agency's decision. There's journalism and then there's stone cold science facts. REMEMBER TO READ WIDELY (CRITICAL THINKING) AND FORM A BALANCED VIEW. Always a good thing.
I'm glad the hard work of UK plc is regulated by capable, experienced and erudite Oil and Gas Professionals.
Some red faces this morning! Raging red faces who hate the fact that the British have hydrocarbons a plenty. Onwards and upwards to Frack those abundant resources with experienced, safe Operators like Egdon. I live 4 miles from a potential Fracking site. I say Frack it and distribute a small percent profit to the local community to enhance social cohesion.
Eco mob scream NO but haven't the ambition, intelligence or application to provide a plan to support the UK's energy needs. Total and utter joke. Glue yourself to another tarmac road! OMHO
Well this Wressle well is turning into an absolute diamond. Great update but no mention of the Royalties though? Maybe awaiting for another RNS tomorrow, hey David! Great work by the operator Egdon .... Sound OMHO
Completely agree Ricardo. UJO and the other partners need to concentrate on the extraction. I too have traveled this rolla-coaster since 2018 and now its finally bearing fruit. Onwards to £1 a share OMHO
I must say I'm surprised that David B hasn't gone on the media rounds and broadcast Wressle's tremendous operational performance. Safe, clean, highly regulated by the HSE and now consistently producing oil (zero water). Or maybe he will or has made a short video. Just to better inform the market while the media brain washers us with "the cost of living crisis".
That's a massive buy after market close. Production figures q1 must be impressive... Time to load up IMHO
Brent $117 -
So 6 months on from first oil and having had continuous flows, I'm thinking that the competency period must be passed and that the increase flow (approval from the CA) to circa 1300 ~ 1500 bpd should be soon. That's 6 to 8 tankers per day every day coming soon.! Awaiting David's RNS but I must say congrats to EDR for running an exemplar site.
Oh look and no ECO disasters ...! OMHO
$110 wow
Great to see this oil and gas AIM company now progressing with positive cashflow. The eco warriors, funded by dubious characters (or Nation states) have tried to brow beat science at every turn. Now the general public are paying large on the Carbon reduction agenda, they're not so fussed with rent a mob and their distribution strategy. HM Gov now passing O&G licenses for offshore / onshore projects, as they should. Eco rent a mob will have to buy Derv in March for their huge co2 emitting gas stoves at £1.55 +a litre. Put that in your caravan and smoke it!
The great thing is that the well is increasing output , demonstrating the competency of the operator in the safe use of the appropriate equipment. The operator is clearly demonstrating their ability to SAFELY optimise production from this onshore , low cost well and so only a matter of time until the well is nearing 1550 bpd @ $90-$120 per barrel.
No noise, no ecological disasters, no light pollution, no transport issues and a tidy well managed oil production site. The eco warrior agenda is shot. QED! OMHO
Great RNS and check the Oil price this AM $98
Hi seems similar to 2018 when the commodity spiked. Many have criticized Fortune but maybe he will deliver in 2022. SP moving north but needs the Institutions to pile into this gem OMHO
I see Invinity systems are recruiting for a EMEA Regional sales Director. Things must be looking up! Pivot power is still going strong with their storage roll out. UK may be seriously thinking of adding more storage to the energy mix....
Watch this space.......OIMHO
https://www.youtube.com/watch?v=CoHGd0Q0Qj8
attached linked to the UK's Energy white paper. Energy storage will be central to a Net Zero economy. VRFB is central to China's storage from their renewable energy generation. Vanadium prices will rocket sometime soon IMHO
COP26 represents a great opportunity for Financials to improve their ESG (most fund managers require ESG Improvement from their holdings) and providing funding to less developed Nations would be advantageous (More bang for their buck). Africa has an abundance of Solar PV Opportunity. I think (OMHO) BESS will look to use the Bushveld Energy facility just to supply their own needs. It's perfectly positioned and there is a plentiful resource of V. OMHO