Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
As production isn't starting until 2025 , for me , I would rather wait awhile before investing here. There is a pilot plant commission in Q3 2023 though.
GLA
Folk are worried about where the money is coming from for the purchase . We don't even know how much money will be needed as we have no idea on the value of the purchase. Will they dilute the shareholding or will they borrow money! If they sell more shares , at what price will that be. Not enough information. This deal is a long time coming. They came to market last october.
Fed up with waiting for an asset! I held FPM but not impressed here so far. Unfortunately, I held I3E and sold at 8p. Lost many thousands on it. Had Sound too another bad experience. Have BPC through default having had CERP. Relying on the patience of investors here! It will soon be at the float price of £1.
Borgland dolphim moored again. Not sure if this is the Serenity drill site as no anchor handlers have been involved in the move although 3 supply vessels were. Whatever, can't be long to spud now.
Hermit Fighter is a supply vessel. As BBN says, there are no Anchor handlers booked. I suspect Borgland Dolphin rig will not move until end of next week. Let them work out what the new data means for the best rig placement.
I think it is there. Safety vessel, Esvagt Sigma and supply vessel Hermit (Nao) Fighter just arriving. Anchor handlers, Siem Opal , Horizon Arctic and Skandi Iceman did a great job. Not sure when the drilling starts!
70 to 80% success rate on drill.
https://www.energyvoice.com/oilandgas/north-sea/205282/i3-energy-set-to-begin-drilling-work-at-north-sea-liberator-field/
on v o x markets
There is a podcast from yesterday which is bullish.
**************************************/articles/bigdish-alan-green-on-4-stocks-and-darren-sinden-on-macro-6bdc42
Mike Buck at oil capital conference.
Drill probably May or June according to answer to question at end of talk.
Very positive account.
https://www.proactiveinvestors.co.uk/companies/stocktube/12942/petro-matad-limited---oil-capital-conference-march-2019-12942.html
Rig on site. Not to everyone's joy!
https://www.bbc.co.uk/news/uk-england-dorset-47102572
So much achieved yet it is back to the IPO price. I guess it is the short termism of AIM!
Extract from RNS.
1 September 2018 closing of the Acquisition is expected to result in a working capital adjustment in favour of the Company in the range of EUR50-60 million ($58-70 million) given the effective date of the Acquisition of 1 January 2018.
Hopefully a re rate on the cards.
Well, I am with Malcy. At a loss why it has fallen so far. Cash being generated, Alvares to come and China news too. In fact I topped up today. DYOR
Here is an article which links the results of the 30th round to funding. The 31st round starts mid 2018 , so not long to wait for results of 30th. https://www.offshoreenergytoday.com/i3-energy-targets-acreage-off-uk-in-bid-to-broaden-portfolio/
Yes, the 76056 shares marked as a sell was my top up. How pleased was I to get them so cheap!
CHAR given a mention in Malc's blog. Reflects my views also. CHAR cheap IMO. http://www.malcysblog.com/
I have bought in today. The last RNS was very positive. Their virtual data room should be completed in a couple of weeks and they are making the right noises for a JV. Tiny M cap. Drilling in 2nd half. What's not to like!
This will be a multibagger. However, with no drill until next year I can see it going back to high twenties. There are better places for spare cash than ECO at this time.