Member Info for Vulcan998

it is possible HH will pay the bills going forward so Clogau exploration can continue......and they are talking about selling a Greenland asset. I suspect Bluejay would buy as they have just employed a new Greenland expert to run their Greenland assets

The Results are as expected - we still have more than 1 year of cash remaining which is positive - just need the major news on funding and that the work to commence mining has started

Anyone have thoughts of the timescales to actually start EWT? The RNS states that it will be over the next few weeks BUT using production tubing means (I assume) the well is nearly finished? Perhaps an acid wash to clean up? Will there be any more cementing needed? Install the down well pump (not sure how long this takes).......
Interested as to when oil and gas could start to flow.........
(And how will we tell as no rod pump to watch, and we already have a flare running)

with this appointment I cannot help wonder whether they will be adding some more potential assets in Greenland? Perhaps bought from Alba who seem to want to offload some.......

Peel Hunt BUY price target 1900p

excellent results and future looks bright as well

Interesting development - for large freighters/tankers the fuel cells will need to be very large.
I wonder if they are also looking at AIP (Air Independent Propulsion) submarines? Smaller fuel cell required.

The picture on Twitter this morning (probably taken yesterday) shows a crane either removing the old rig engine OR positioning the new rig engine. Another twitter comment says drill running again today SO with around 1000 feet to go I would assume a couple of days of drilling to go and then perhaps completion this week if we are lucky........anyone have more knowledgeable views?

yes all very positive - net debt down significantly - talk of the rationalisation of space delivering far better profits next year

yes an excellent update and talk of a very good cash position......future looks good as well.

up significantly with a big seller still around suggests a large buyer in the background as well........

shame the rig engine blew up and caught fire as I suspect we would be completing today otherwise with initial results Tuesday or Wednesday

yes a great end to the week here - Simon T has mentioned again in his column which could explain the rise

4.5p for me

Well the works at the Clogau mine seem impressive but I would not like to have to go up and down the 60M of ladders between the two adit levels......(and I am pretty good at heights and ladders normally)

all we need now is a HH RNS to say horizontal drilling competed and hydro carbons moving to the surface!

Very good RNS >36% of tested material Large, Jumbo or Super Jumbo flake. So premium pricing........this will make this licence area much more valuable as GF has stated he has been having discussions with potential partners and buyers etc for the Greenand licence areas.....

Some good and some bad parts t the trading update today - worried by debt growth - though pipeline seems very strong so cash flow ought to improve later this year(?) or next year?
Land bank strong.
I did not find the commentary very positive though.

the results were good but we are just dropping every day - what is going on?

agreed excellent results - pretty much all positive. Good cash in hand position.....

I think we may well be profit positive in 12 months.........

The only issue I can spot is that the licence revenue currently equals the engineering/services revenue. Expected at this stage of the development but next year we need to see the licence revenue grow significantly.