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NPV
Aug 23, 2017 19:43:56 GMT
dubs likes this
Post by whitematter on Aug 23, 2017 19:43:56 GMT
Not deramping but do you realise that the €200m NPV will instantly decrease when gas is pumped to INA?
why? Slovenian domestic gas is at a premium, was €8 but Central European is roughly €6 however, INA gas is unscrubbed and raw so will be sold at a further discount to remove the CO2 at INAs plant.
The CPP will only remove the water, condensate and other liquid.
who's buying the condesate (oil)?
it will be interesting to see how the market reacts.
of course the 90% revenues to recover the €45m will be good but at 2-3mcf per day will be slow.
Btw the INA pipeline is over 23km long so certification may take a while, bearing in mind it's raw gas too
I suspect this will all be done just as the IPPC is being heard at appeal?
Lets hope its secured or its good night Vienna
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NPV
Aug 23, 2017 20:56:58 GMT
Post by Tatrade on Aug 23, 2017 20:56:58 GMT
Hey mate
How's you?
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NPV
Aug 23, 2017 20:58:34 GMT
Post by whitematter on Aug 23, 2017 20:58:34 GMT
Good mate, you?
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NPV
Aug 23, 2017 21:27:56 GMT
Post by dubs on Aug 23, 2017 21:27:56 GMT
What do you think the modified NPV ought to be, Whitematter?
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NPV
Aug 23, 2017 21:39:30 GMT
dubs likes this
Post by whitematter on Aug 23, 2017 21:39:30 GMT
Difficult dubs, the only way to know is to gauge the length of time it flows to INA at the rate indicated in the company presentation
However, in the absence of the IPPC the market may only use what's quantifiable I.e the INA contract .
This may mean a 35% reduction worse case scenario imo
The only official Valuation of AST was carried out in 2015 for the finance facility with a valuation of £120m but with the IPPC in place
What really needs to be done once gas is flowing is a new and up to date valuation
The reservoir is known from the 3D seismic but the deeper reservoirs are not and there is no allowance for oil
The IPPC will enable a new plant to be built putting gas into the Slovenian national grid at the premium rate but will also separate the condesate via a patented device.
If only we knew what was in the JV contract as after all Geonrrgo hold the concession and they are the IPPC applicants
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NPV
Aug 23, 2017 21:52:03 GMT
dubs likes this
Post by whitematter on Aug 23, 2017 21:52:03 GMT
Once the certificate for Ina pipeline is given there will still need to be production testing too. 23km
Remember the play is Geonergos and AST are the finance. AST Slovenia are in the JV so talk of takeover is highly unlikely and even if somebody wanted to it wouldn't be until the IPPC as true value sits with Slovenia gas not INA. This route was to force the issue.
Remember too that the existing licence runs out in 2022
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NPV
Aug 24, 2017 5:31:39 GMT
via mobile
Post by Ta Trade on Aug 24, 2017 5:31:39 GMT
Yes all good Still got kod? |
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NPV
Aug 24, 2017 6:44:43 GMT
Post by whitematter on Aug 24, 2017 6:44:43 GMT
Sure do mate. See you posting there GL
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NPV
Aug 24, 2017 16:44:27 GMT
Post by whitematter on Aug 24, 2017 16:44:27 GMT
Seems quite likely that the volume today may well involve the Trameta options at 2p
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NPV
Aug 24, 2017 16:45:01 GMT
Post by whitematter on Aug 24, 2017 16:45:01 GMT
Event / Date
Shares millions
1
On the one-year anniversary of the completion of the SPA following the General Meeting
5.0
2
On the one-year anniversary of the pipeline being certified for the transportation of gas.
20.0
3
On the one-year anniversary of the pipeline being used to transport 1 million cubic metres of natural gas.
22.5
4
On the one-year anniversary of the pipeline being used to transport 50 million cubic metres of natural gas
27.5
In addition, the Seller will be issued with Options to subscribe for up to a further 7.5million Subscription Shares at the option price of 2 pence per share following the pipeline being certified for the transportation of gas.
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NPV
Aug 24, 2017 16:45:38 GMT
Post by whitematter on Aug 24, 2017 16:45:38 GMT
Options from RNS 1 August 2016
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NPV
Aug 28, 2017 7:13:52 GMT
via mobile
Post by Tatrade on Aug 28, 2017 7:13:52 GMT
Sure do mate. See you posting there GL You back on lse? Under? |
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NPV
Aug 28, 2017 13:53:31 GMT
Post by whitematter on Aug 28, 2017 13:53:31 GMT
No mate not interested. All clueless If I was posting you'd know
Company presentation has the answers but they don't fit people's aspirations so ignored
Hope you're well
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NPV
Aug 29, 2017 9:23:54 GMT
Post by whitematter on Aug 29, 2017 9:23:54 GMT
Probably the most controlled share on AIM.
The large buys are clearly Lombard as they are trading it to keep it in a range around 2p. They will no doubt sell into a rise.
Investors optimism is due to their complete lack of understanding of what is really happening here. There will be no takeover and a JV is already in play
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NPV
Sept 2, 2017 6:06:01 GMT
via mobile
Post by Tatrade on Sept 2, 2017 6:06:01 GMT
Sure do mate. See you posting there GL You back on lse? Under? |
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