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I think the key here is what comes out in the more indepth plan going forward. What we need is a clear indication of the timescale for the validation studies and what can be expected if succesful. I.E collaborations, mile stone payments and possible orders.For me the leather decision division offers the most hope short term as there should not be so many regulatory hurdles to go through.
Both gas and oil is up. Oh deer that should add an extra ten per cent to the windfall tax.
Never mind just been topping up on my arms stock. Cant go wrong inmo with little britain adding extra orders to fund our new friends overseas in making little britain a safer place to luv.dyor and inmo and no ones elses,inmv
Jackabe
I i coppied your link to the Serica BB re the US reducing LNG exports as i thought it relevant , but alas the usual posters on there ignored it for whatever their agenda may be. Still hats off to you as inmv it is relevant to all North sea o and g shareholders. inmo
Please get this over quickly
Being a COVID reject I wish little Britain all the best along with bod of directors of Serica energy. Just tried booking a holiday on south coast. Cheaper to get latex dinghy and row myself in via Weymouth. Mind you I would have to paddle through the sewage first ahhh little Britain weeere getting there
Thats old news Newkotb unless there has been an update. This may be of interest though copied from jackabe on the hbr bb
Biden freezes pending exports of liquid gases citing the climate
https://twitter.com/POTUS/status/1750924594226032850?t=qtc7CfJCPN2edxv95vl-sQ&s=1
I believe our biggest concern is now where we are investing. North sea together with anything europe and countries such as Norway should be avoided. As a investor i do not want to see this kind of investment as UK hmg continue to let this country down and there is worst to come with the oik and its party in waiting inmo and no ones elses. Woke,s to say the least inmv dyor .
Hopefully so together with a nice licensing agreement. I am bemused why this has not already happened. My concern is that they are blocking other potential agreements with other organisations which could set them back further should the exsclusive agreement not materialise.
Two hundred and seventy million USD is to pay off original debt from Tailwind. So in effect we have increased the debt level by two hundred and thirty million usd which gives us about one hundred and sixty milion gbp to use. That amount is not alot in the grand scheme of things. INMV this is to facilitate existing projects and not an aquisition. As Newkotb posted earlier what hedges have now been added and with who on the back of thiis loan. I am sure most lth can hazard a guess as to which company has facilitated the hedges. inmo
At the end of the day until the bod prove otherwise inmv they are in bed with HMG and Mercuria and no one else for what ever reason that may be.
Nothing new there then Newkotb. You can bet on them not hiding any positives with this. Why didn't they just raise money to just pay the existing loan off. Then raise money at a future date if an acquisition comes about.
Looks like another stitch up to me to reward the few