Member Info for wizzard

Found it.

They leave target price at 51p, but they realise that is very Conservative!

Can't find a link. Do you have one?

Cross fingers!!

Would be great if that happens with news release!! Can't be to long now anymore!

https://news.cgtn.com/news/2022-03-28/China-s-first-gigawatt-scale-wind-project-s-output-tops-1-billion-kWh-18LsdG4FMKA/index.html

Thank nordell

@nordell.
, does this share look now overbought? (just checking my own understanding of charts!)

I understand that news will change everything and anything.

One of the better research notes around.

Looks detailed, and the valuation regarding discounts with associated risks seems fair.

Now time to get the resource update followed by the strategy going forward (finance, sell of a stake) to see what the market values the company!
They better hurry if they want first gas beginning 2024 for a project that takes at least 18months.....

Glad to hear that Maurice is still drumming the drum with his repetitive, well oiled pitch.....

Still waiting for mayor news

https://abcnews.go.com/International/wireStory/spain-stance-backs-moroccan-rule-western-sahara-83533763

Who needs gas?? https://uk.finance.yahoo.com/news/world-deepest-hole-offers-inexhaustible-155013011.html

https://www.theafricareport.com/182217/green-hydrogen-africa-can-break-europes-dependence-on-russian-oil/

https://interestingengineering.com/largest-green-hydrogen-plant

Everything is bigger in texas!!

https://oilprice.com/Alternative-Energy/Renewable-Energy/Hydrogen-On-Track-To-Become-A-1-Trillion-Per-Year-Industry.html

https://www.rechargenews.com/energy-transition/iron-ore-billionaire-starts-construction-of-worlds-largest-hydrogen-electrolyser-factory/2-1-1175898

Even with more proven gas, the projected 40-70k mcf will not be enough (imo) to get any mayors involved. The return on the investment will be to slow or they want a large part of the pie that won't make sense for us.
Also difficult to raise more funds without mayor dilution at this share price.

There was a mention of maybe partnering in the future development with the party that signed for the off take of 40k mcf......

https://www.cnbc.com/2022/02/02/danish-energy-fund-to-lead-massive-green-hydrogen-project-in-spain.html

https://www.rechargenews.com/energy-transition/record-breaker-world-s-largest-green-hydrogen-project-with-150mw-electrolyser-brought-on-line-in-china/2-1-1160799

Took 10%of 500mil, clearly....
I said 300+...but next time I will clarify it better for you.

Oh and don't forget we will need to pay back the 300million + plus interest..... So maybe no so much free cash available for the first years....
A loan against 10 + % is another 30-50mil first few years in interest.....
So 40000*8* 365 (no down time??) =117mil.
- 20opex-50 interest-50 capital repayment and suddenly the first year we are even........ Still no money for investors.
From fid to production 2 years. 1 year production but no free cash, so that means after year 4 we will see free cash flow.

I have come up with those numbers as well.
These numbers don't come in for at least 3 years (2 years construction, 1year production).
The anchois project is well described and there is a plan.
Green hydrogen is just a study and will take years to complete to get a whole consortium together (recently in Spain there was a similar project, but smaller, and had 2.2billion investment which was done by 33 partners...... With an estimate time to come online around 2027......so years away for us.

the time line from the total projects is important. If the projects are on the door step, then how are we going to finance our share? 15-49% of what???
How much money will be required and what is the possible return?