Member Info for wookieemonster

Starmer for all his faults just said live that the UK sees the current crisis to not take away from clean energy/ green energy, actually makes it a priority! to reduce reliance on the rollercoaster of oil and gas prices and energy from abroad.

He says they want to put more and work faster to improve and grow UK green and clean energy.

That’s great.

I agree it’s impossible to know, cheers for input, it’s something that I focus on that’s all.

Firmly believe energy security should take over from the net zero narrative.

Let’s assume oil remains over 100 for a while.

The negatives are strong for many companies. Transport, food, energy etc etc all spiral.

The high cost of electricity = un economical sense to create green hydrogen. And rare earth minerals become very very expensive to purchase increasing costs etc.

But does hydropulse create a window here.. Essentially a free system initially to generate usable gas, if hydro dams, wind and solar power systems paired with a hydropulse model creates a cost effective energy solution?

Or will all renewable energy be directed at the national grid to compensate for loss of energy from oil / gas plants.

I’m just wondering people’s thoughts on a sustained oil price / higher electricity costs in UK and Europe and what it means for ITM.

Hopefully this conflict is resolved sooner than later as oil price at 105 or more for prolonged periods will put significant pressure on many things, transport, goods, food, fuel etc etc

Luckily we have a decent buffer to weather short term pressures. But trying to see if there could be any positives here, one positive is that competitors are in much weaker positions to remain in business who have high debt ( big problem as rates and repayments will rise ) If ITM can keep things going. They might just end up one of the only providers, and have the best facility and product.

Has anyone been thinking about any of this. In a balanced way?

Aminex ( aex ) similar in some ways. Huuuuge Gas finds + potential for oil. Now many many years later it's nearing production. I see a similar story unfolding here but hopefully much quicker now.

Different positions yes, My point being that all options will be being looked at.. Ive both worked and invested in oil gas for over 2 decades, seen it all.. we will likely end with a free carry on small percentage which will be still be significant for us. ( all going well )

With oil and gas prices looking to remain high and an obvious need for energy security long term nationally, bodes well for PANR. Stranded assets are worthless, but have a feeling this will be much more focused now on getting a farm in / out deal sooner than later.

Warrie... there's no way i would ever lock into a share. thats madness. Thats when the system screws you. Freedom to trade is a safety mechanism not to get screwed, especially on AIM! Algorithms are the biggest issue on par with shorting! if anything should get banned its shorting.. People have always traded, it's how the market works. Thats why you INVEST in stocks because you think they will do well long term. Traders play a different game as its always been but it keeps the market liquid.

If this Middle East conflict teaches people anything it’s that Energy security is a no brainer.

Don’t know about others but this Middle East conflict simply highlights countries need much more secure energy supplies.

Oil and gas will slowly get phased out over the years but energy transition will take a long time. Either way oil will be needed for many domestic and industrial uses for decades to come.

Reducing reliance on one place / area is common sense. And protecting against economic shock from foreign events, national energy security must be now seen as a prioritised agenda.

So mid to long term this seems pretty good.

I’m surprised we have heard nothing more about Chronos either bilbo. I wonder what’s going on there.

Seems given the cash position and the timeline, I would estimate the probability of some form of transaction (farm-out, JV, or asset sale) within the next 12-18 months is relatively high.. perhaps 60-70% , the terms of any deal will dictate whether the share price goes to 20p or back toward 100p.

Just dipped my toes in here recently so I’m still getting up to speed. Either way, seems interesting from these levels. Thanks for input :)

Would anyone care to give thoughts on why even 12p is valuable for a company that has wet gas ( and needs billions to capitalise ) and also no cash coming in,and also decent amounts of oil without means to extract or retrieve, stranded.

Posting out of hours as dont want to be “deramping” just interested to know what current investors believe in reality of this not needed another placing or funds within the next 12 months etc.

Is 12p overpriced, or undervalued do the LTH think?

Genuinely interested.

It makes sense but we should find out soon re a rig either way especially with the stated timeframes.

Not really a dream Rojo. 500m mcap totally reasonable. 1 billion the same once all up and running and long term. Do the math.

Significant upside here, could easily see 5-10p in 12 months and in 2 years could well be 20p or more.

Staggeringly huge commercial gas field, verified, fast tracking production now as well.

Can’t speak for the unknowns but significant upside is genuinely possible. GlA ( and there’s an optimistic header :)

Thought the market was going to drag us down with algorithmic trading or short term sellers, but the spread and sp both solid, which actually is damn impressive. Well done getting a top up, can’t buy the amount I would like as currently spread would take too much, doesn’t stop me waiting like a hawk though.

Before quoting me prosciutto, Include context, because that was dumb. That comment referred to personal, hostile opinions on government or cultures. NOT anything to do with things that reflect or have a notable impact on Animex . You have to be pretty stupid to not think politics has an effect on any share, but just ranting about personal feelings or voicing hate on a forum isn't beneficial to anyone. Get your facts in order.

Zanab he can’t share details like that as much of it is real time and would be classed as insider trading as it relates to the real time price of oil ( it’s all intertwined, as people bid or sell oil in transit etc )

All I know is that the insurance costs currently in conflict are astronomical and might as well not offer insurance as it’s not really viable.

Zanab my brother in law works doing daily reports for insurance companies in oil and gas , insurance is available to anyone wishing to use it, it’s just the price of insurance is so high ( significantly so ) that, it’s not worth it. If you imagine the cost of a tanker and cargo, the insurance isn’t far off..

I think we all know this was, and will be a scam