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Topped up again today, it’s a no brainer
Getting a very healthy dividend month on month
Sooner or later a takeover bid will come, in the mean time I will enjoy spending the dividend money
Foolish people selling at this price, this is the price to buy more Bargain
Zak Mir chart prediction is 30p within 4 weeks, hopefully I3E goes up much higher than that, totally undervalued
https://twitter.com/share_talk/status/1606021539782090752?s=48&t=8qcoQJ2MxF-JcYqUYgBMag
Well i have been saying all week that someone is accumulating and buying more and more shares
as of yesterday there were MM's waiting to sell already at 14p, hence now i wouldn't be surprised if we close above 14p today
Booooom time coming imminently
Excellent news for Pxen, their figures are €100 MWh and Europe have just capped at €180/MWh
EU agrees on €180/MWh gas price cap
European Union's energy ministers agreed on Monday to establish a gas price ceiling of €180 per megawatt-hour (MWh). The Czech presidency of the European Council tabled a cap of €188/MWh, after an earlier proposal by the European Commission of €275/MWh was rejected as too high.
The cap will come into force on February 15. It will trigger if the Dutch TTF natural gas futures exceed the price of €180/MWh and are at least €35 above the average price of liquefied natural gas (LNG) for three days.
According to reports, Germany voted in favor of the cap, the Netherlands and Austria abstained, while Hungary was against it. "We have negotiated a cap on gas prices and managed to reach a very important deal to secure affordable energies for European households and businesses," Czech Prime Minister Petr Fiala said.
Excellent Rns
Prospex Energy PLC
('Prospex' or the 'Company')
Italy: Selva Field Development Update
Start of Gas Plant construction works and pipeline installation at Selva
Prospex Energy PLC (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, is pleased to provide an update on the development activity on the Podere Gallina Licence (the 'Licence') located onshore in the Po Valley region of northern Italy, in which lies the Selva gas field within the Selva Malvezzi Production Concession ('Selva'). Po Valley Energy Limited (ASX:PVE) ('Po Valley' or the 'Operator') released an update on the ASX overnight on 23 November 2022. Prospex holds a 37% working interest in the Podere Gallina licence with the Operator holding the remaining 63%.
Highlights
· Final approval to commence development activity received on 21 November 2022
· Works to prepare the tie-in to the SNAM gas grid network commenced on 19 November 2021
· Gas plant construction work and pipeline installation work is to commence 28 November 2022
· Podere Maiar remains on track for first gas in early Q2 2023
· Final stage of production concession application for Prospex submitted
· Po Valley, the operator, in dialogue with off-take partners for the sale of gas from Podere Maiar
Mark Routh, Prospex's CEO, commented:
"We are extremely pleased that Po Valley has confirmed that final permissions have been granted to start the development works on site and that Podere Maiar remains on schedule and on budget to achieve first gas early in the second quarter of 2023. Initial conversations with gas off-take partners for the sale of gas have commenced, which we have decided to sell jointly with the Operator Po Valley under a joint marketing agreement, which we believe will optimise the value of our gas sales and provide better value for our shareholders.
"In addition, the submission of our final application to the Ministry of the Environment and Energy Security to be approved as a gas producer took place on 21 November 2022. We believe that next year will be a transformational year for Prospex as we become a producer of gas in Italy as well as in Spain and very much look forward to keeping shareholders updated on our progress."
Gas Plant Construction and Pipeline Installation
On 19 November 2022, the engineering work commenced to connect the suspended well at Selva to the SNAM S.p.A. (BIT:SRG), the Italian energy infrastructure company's grid tie-in connection point.
On 21 November 2022 Po Valley confirmed that construction works at the Selva well site and the 4-inch pipeline installation will commence on 28 November 20222. The project is on schedule for first gas from Selva , from the Podere Maiar-1 well, early in the second quarter of 2023.
Production Concession Application submitted for Prospex
In addition, on 21 November 2022 formal applications were submitted to