George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Nothing dodgy at all imo.
We have had a distressed seller and someone has negotiated a buying of all of their holding in 1 go.
I don’t see why that’s such a stretch. Also nothing to do with tax year.
TR1s in the coming days will tell who has sold and who have bought imo.
Today’s RNS doesn’t really change anything apart from some ‘perceived risk’ that one or 2 nervous nellies on here have had. Farm In deal was always going to be signed off and ENOG (as their track record has proven) are on the ball and not hanging about where AE is concerned.
There’s also still a seller who was always going to sell into any news.
Accumulate while you can imo.
If only you had made your point so eloquently on the TG, BDC, instead of effing and blinding at everyone who didn’t agree with you, you’d still be in it.
As far as whether your theory is correct is concerned, I guess only time will tell.
I’m not going to get into details about who said or did what DBC.. The crux of the matter, and what led to you being ejected, was the way you went about making your point, not only with regards to those who had already left the TG, but to those who tried to have a reasoned discussion with you about it. Simple as that.
Anyway, I’ll say no more about it. GL
For balance, DBC, your exit from the TG had nothing to do with the point you were trying to make (or your point of view) it did however, have everything to do with the way you went about making it.
The same rules apply on there, as apply here. If you rant and rave, and throw accusations at other members in an aggressive manner, you’ll have posts removed and/or you’ll be clicked out.
The TG is not an Echo Chamber, far from it.
A strategic memorandum of understanding was signed yesterday Tuesday, March 26 in Rabat, between the ministries of the Interior, Finance, Equipment and that of Energy Transition for the launch of the road map gas infrastructure.
The program, which will extend over a period of several years, aims to provide the Kingdom with several entry points for the import of liquefied natural gas (LNG), as well as storage and transport infrastructure. natural gas.
In the short term, it aims to support gas pipelines connecting domestic gas production basins to consumers, as well as the development of an LNG terminal at the port of Nador West Med and a new gas pipeline to connect the terminal to the Maghreb Gas Pipeline. Europe (GME).
Perfect Storm brewing here imo.
It might not be today, but this is very close to going on a run/re-rate that is going to catch an awful lot of people by surprise. And I don’t mean just a few 10% days.
GL all
I agree BDC.
The current SP is going to look the most ridiculous it’s ever looked if/when Cheriot get an offer for this part of the business.
Every £10m achieved in an offer is worth 1p (ish) of the current SP, so, as an example, a £30m offer (3p per share) leaves 4p in the SP for Nour & Gas 🤣🤣🤣🤣
ALSO, if shifting this part of the business now, generated/freed up say £30m (made up number) over the next year, in terms of cost savings and sale proceeds, and that is equivalent to drilling an addition 10 Onshore Wells at £3m each, wouldn’t that be interesting??
Just saying.
Some folk still at it see. Any opportunity to inject a little bit more fear, and sow a few more seeds of doubt. Brilliant (there’ll be a couple of others along in a minute to chip in no doubt) 😂
“ As these divisions have grown, they have increasingly attracted different pools of capital and Transitional Power, which is now focused on the South African energy market, requires funding in the near and medium term to fulfil its potential.”
For those with IQ’s lower than 12, this review is clearly NOTHING to do with a placing or fund raise of any sort. It is CLEARLY (and the lowlifes already know this) the exact opposite. Chariot are admitting above that this part of the business “to fulfill its full potential” will require funding, and they are NOT prepared to divert that funding from the Gas pillar at this time, because that is their main focus right now, so are looking at alternatives.
But you knew that, right?
Nope!! Grants from EU Global Gateway and Farmdown of Chariots share will be how Chariot fund their end imo. Nice try tho 👍🏻
“We are pleased to have recently received considerable, high-level support from the European Commission, with Mauritania being selected as a key partner in the EU's Global Gateway initiative for future hydrogen exports and green steel production. This highlights opportunities that will be mutually beneficial in the long term. Our will is firm to continue to coordinate with our partners and encourage the industry through the development of major energy projects such as Nour."