Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
25/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2200 ***BELOW AVERAGE***
25/07/2023 System Entry Energy, Saltfleetby, D+1 2,944,444.0000
25/07/2023 System Entry Volume, Saltfleetby, D+1 0.2570 *** 9.0759 MMSCF/D***
Daily Output (Therms) = 100,469
Month To Date (Therms) = 2,358,851
Average Per Day (Therms) From 06.07.2023= 100,283
Daily Hedge Requirement Therms = 50,000.00
F/C Monthly Therms = 2,960,548
Average Monthly Price Per Therm = £0.7505
F/C Hedge 1 = £582,025
F/C Market Revenue = £1,058,584
F/C Net Monthly Saltfleetby Gas Rev = £1,640,609
F/C Net Rev Less Disbursements = £1,616,000
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
Daily Output (Therms) = 100,469
Month To Date (Therms) = 2,358,851
Average Per Day (Therms) From 06.07.2023= 100,283
Daily Hedge Requirement Therms = 50,000.00 DAILY HEDGE CRITERIA SATISFIED
F/C Monthly Therms = 2,960,548
Average Monthly Price Per Therm = £0.7505
F/C Hedge 1 = £582,025
F/C Market Revenue = £1,058,584
F/C Net Monthly Saltfleetby Gas Rev = £1,640,609
F/C Net Rev Less Disbursements = £1,616,000
2023 Q3 Therms & Revenue
Jul-23 2,960,548 £1,640,609 Forecast
Aug-23 3,108,768 £1,744,866 Forecast
Sep-23 3,008,485 £1,733,231 Forecast
Q3 2023 9,077,802 £5,118,706 Forecast
H2 2023 Therms & Revenue
Jul-23 2,960,548 £1,640,609 Forecast
Aug-23 3,108,768 £1,744,866 Forecast
Sep-23 3,008,485 £1,733,231 Forecast
Oct-23 3,108,768 £2,131,496 Forecast
Nov-23 3,008,485 £2,526,494 Forecast
Dec-23 3,108,768 £2,927,546 Forecast
H2 2023 18,303,824 £12,704,243 Forecast
12 Month Share Price Forecast: 9.06mmscf/d
PE Factor = 5.00
Ord Shares = 3,621,860,032
FC Avg Therms / Day = 100,283
Debt Outstanding KPI* = £5,178,344
12 Mth Rev-Debt = £21,784,448
F/Cast Share Price (p) = 2.41
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.54
Mar-24 1.71
Apr-24 1.89
May-24 2.00
Jun-24 2.11
Jul-24 2.25
Aug-24 2.41
Sep-24 2.58
Regards,
24/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2100 ***BELOW AVERAGE***
24/07/2023 System Entry Energy, Saltfleetby, D+1 2,947,778.0000
24/07/2023 System Entry Volume, Saltfleetby, D+1 0.2575 *** 9.0935 MMSCF/D***
****CONGRATULATIONS ANGUS ENERGY THEY HAVE SURPASSED 20 MILLION THERMS OF ENERGY SUPPLIED TO THE NATIONAL GRID SINCE 01.10.2022***
Daily Output (Therms) = 100,582
Month To Date (Therms) = 2,258,383
Average Per Day (Therms) From 06.07.2023= 100,273
Daily Hedge Requirement Therms = 50,000.00 DAILY HEDGE CRITERIA SATISFIED
F/C Monthly Therms = 2,960,294
Average Monthly Price Per Therm = £0.7486
F/C Hedge 1 = £582,025
F/C Market Revenue = £1,055,741
F/C Net Monthly Saltfleetby Gas Rev = £1,637,766
F/C Net Rev Less Disbursements = £1,613,199
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,960,294 £1,637,766 Forecast
Aug-23 3,108,465 £1,744,640 Forecast
Sep-23 3,008,192 £1,733,004 Forecast
Q3 2023 9,076,951 £5,115,409 Forecast
H2 2023 Therms & Revenue
Jul-23 2,960,294 £1,637,766 Forecast
Aug-23 3,108,465 £1,744,640 Forecast
Sep-23 3,008,192 £1,733,004 Forecast
Oct-23 3,108,465 £2,131,224 Forecast
Nov-23 3,008,192 £2,526,142 Forecast
Dec-23 3,108,465 £2,927,122 Forecast
H2 2023 18,302,074 £12,699,897 Forecast
12 Month Share Price Forecast: 9.06mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,273
Debt Outstanding KPI* = £5,181,795
12 Mth Rev-Debt = £21,776,559
F/Cast Share Price (p) = 2.41
Based Upon Current Market Data and
Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.54
Mar-24 1.71
Apr-24 1.89
May-24 2.00
Jun-24 2.11
Jul-24 2.25
Aug-24 2.41
Sep-24 2.58
Regards,
In the Urban areas during rush hours it is larger vehicles 3.5tonnes upwards which have diesel engines pump out significantly more pollutants than the cleaner burn petrol vehicles,
The health impact on children and the respiratory issues are more common in the Urban Metropolises and there may be a small minority of industry experts which would argue in favour of the diesel engines suitability the vast majority of health experts have ongoing concerns regarding diesel engine emissions in heavily urban areas especially during the morning & evening rush hours when congestion is at its peak, regards,
Do Diesel Engines Are Harmful Or Less Harmful?
Carbon monoxide is a deadly gas which you will mostly find odorless, colorless, and tasteless. Fuel combustion releases carbon monoxide, which can quickly accumulate in confined places and become hazardous. Because diesel engines produce more carbon monoxide than gasoline engines, they are not allowed to be operated indoors for various reasons.
Recent studies shows that diesel engines are harmful to the environment. Diesel exhaust contains harmful pollutants, including particulate matter and nitrogen oxides. These pollutants can cause respiratory problems, cancer, and other health problems.
However, some experts believe that diesel engines are less harmful than gasoline engines. Diesel vehicles have lower carbon dioxide emissions, a greenhouse gas that traps heat in the atmosphere. And while diesel exhaust contains harmful pollutants, these pollutants are less toxic than the pollutants emitted by gasoline engines.
Price Month Year Date
Crude Oil 78.830 0.11% 13.33% -15.15%
Brent 82.540 -0.24% 10.99% -15.05%
All good news and a shift away from Governmental green Ideology is good news for the energy sector both in the North Sea & Globally,
Regards,
The United Kingdom would be very unwise to deter the exploration of Oil & Gas in the North Sea, Nuclear Energy is far from ready and clearly green renewables are not deliverable in sufficient quantity at a sufficiently attractive price point,
The United Kingdom must make the following two pledges to move away from Coal burning Power stations and personally pursue the battle to phase out diesel powered vehicles by 2030 however not to be so zealous regarding the cleaner petrol engines,
Society has to respect that Carbon Monoxide emissions are harmful to developing brains and young children and to have diesel burning engines sitting in heavy traffic during rush hours when children are going to and from school is suboptimal from a health and wellbeing perspective,
ULEZ is a controversial subject however I strongly believe that Mayor Khan is delivering in many areas for the good and decent people of London and the crusade against polluting diesel vehicles should be continued however scope to re-evaluate discriminatory practices against those who drive clean burning Petrol Vehicles,
Local Government must respect that Eclectic Vehicles are simply not financially viable to the majority of the population and there is simply not the infrastructure in place to transition to mass charging which is a huge bottleneck,
The 2023 deadline against new Petrol Vehicle sales shall have to be surrendered by at least 5 if not 10 years and Oil & Gas has a sustainable future well until the middle of the century if not significantly beyond that,
Regards,
23/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2900 ***ABOVE AVERAGE
23/07/2023 System Entry Energy, Saltfleetby, D+1 2,942,222.0000
23/07/2023 System Entry Volume, Saltfleetby, D+1 0.2565 *** 9.0582 MMSCF/D***
Daily Output (Therms) = 100,393
Month To Date (Therms) = 2,157,800
Average Per Day (Therms) From 06.07.2023= 100,256
Daily Hedge Requirement Therms = 50,000.00 DAILY HEDGE CRITERIA SATISFIED
F/C Monthly Therms = 2,959,848
Average Monthly Price Per Therm = £0.7465
F/C Hedge 1 = £582,025
F/C Market Revenue = £1,052,387
F/C Net Monthly Saltfleetby Gas Rev = £1,634,412
F/C Net Rev Less Disbursements = £1,609,895
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,959,848 £1,634,412 Forecast
Aug-23 3,107,932 £1,744,243 Forecast
Sep-23 3,007,677 £1,732,604 Forecast
Q3 2023 9,075,457 £5,111,258 Forecast
H2 2023 Therms & Revenue
Jul-23 2,959,848 £1,634,412 Forecast
Aug-23 3,107,932 £1,744,243 Forecast
Sep-23 3,007,677 £1,732,604 Forecast
Oct-23 3,107,932 £2,130,746 Forecast
Nov-23 3,007,677 £2,525,523 Forecast
Dec-23 3,107,932 £2,926,376 Forecast
H2 2023 18,298,998 £12,693,904 Forecast
12 Month Share Price Forecast: 9.06mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,256
Debt Outstanding KPI* = £5,186,977
12 Mth Rev-Debt = £21,763,713
F/Cast Share Price (p) = 2.41
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.53
Mar-24 1.71
Apr-24 1.89
May-24 2.00
Jun-24 2.11
Jul-24 2.25
Aug-24 2.41
Sep-24 2.58
Regards,
The Australian Men's Cricket Team Have Formally Retained The Ashes,
I Am Sure You All Welcome The Result And Congratulate A Great Achievement By A Great Cricketing Team,
"World Test Champions We Know What We Are",
"World Test Champions We Know What We Are",
"You'll Never Sing That"
"You'll Never Sing That"
Inspirational,
22/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3600 ***ABOVE AVERAGE***
22/07/2023 System Entry Energy, Saltfleetby, D+1 2,932,222.0000
22/07/2023 System Entry Volume, Saltfleetby, D+1 0.2558 *** 9.0335 MMSCF/D***
Daily Output (Therms) = 100,052
Month To Date (Therms) = 2,057,408
Average Per Day (Therms) From 06.07.2023= 100,248
Daily Hedge Requirement Therms = 50,000.00 DAILY HEDGE CRITERIA SATISFIED
F/C Monthly Therms = 2,959,638
Average Monthly Price Per Therm = £0.7474
F/C Hedge 1 = £582,025
F/C Market Revenue = £1,053,508
F/C Net Monthly Saltfleetby Gas Rev = £1,635,533
F/C Net Rev Less Disbursements = £1,611,000
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,959,638 £1,635,533 Forecast
Aug-23 3,107,683 £1,744,056 Forecast
Sep-23 3,007,435 £1,732,417 Forecast
Q3 2023 9,074,756 £5,112,006 Forecast
H2 2023 Therms & Revenue
Jul-23 2,959,638 £1,635,533 Forecast
Aug-23 3,107,683 £1,744,056 Forecast
Sep-23 3,007,435 £1,732,417 Forecast
Oct-23 3,107,683 £2,130,522 Forecast
Nov-23 3,007,435 £2,525,233 Forecast
Dec-23 3,107,683 £2,926,026 Forecast
H2 2023 18,297,556 £12,693,789 Forecast
12 Month Share Price Forecast: 9.06mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,248
Debt Outstanding KPI* = £5,187,956
12 Mth Rev-Debt = £21,759,365
F/Cast Share Price (p) = 2.41
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.53
Mar-24 1.71
Apr-24 1.89
May-24 2.00
Jun-24 2.11
Jul-24 2.25
Aug-24 2.41
Sep-24 2.58
Regards,
21/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2500 ***ABOVE AVERAGE***
21/07/2023 System Entry Energy, Saltfleetby, D+1 2,708,889.0000
21/07/2023 System Entry Volume, Saltfleetby, D+1 0.2368 *** 8.3625 MMSCF/D***
Daily Output (Therms) = 92,431
Month To Date (Therms) = 1,957,356
Average Per Day (Therms) From 06.07.2023= 100,260
Daily Hedge Requirement Therms = 50,000.00 DAILY HEDGE CRITERIA SATISFIED
F/C Monthly Therms = 2,959,957
Average Monthly Price Per Therm = £0.7495
F/C Hedge 1 = £582,025
F/C Market Revenue = £1,056,801
F/C Net Monthly Saltfleetby Gas Rev = £1,638,826
F/C Net Rev Less Disbursements = £1,614,244
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,959,957 £1,638,826 Forecast
Aug-23 3,108,063 £1,744,340 Forecast
Sep-23 3,007,803 £1,732,702 Forecast
Q3 2023 9,075,823 £5,115,868 Forecast
H2 2023 Therms & Revenue
Jul-23 2,959,957 £1,638,826 Forecast
Aug-23 3,108,063 £1,744,340 Forecast
Sep-23 3,007,803 £1,732,702 Forecast
Oct-23 3,108,063 £2,130,864 Forecast
Nov-23 3,007,803 £2,525,675 Forecast
Dec-23 3,108,063 £2,926,559 Forecast
H2 2023 18,299,752 £12,698,966 Forecast
12 Month Share Price Forecast: 9.06mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,260
Debt Outstanding KPI* = £5,183,774
12 Mth Rev-Debt = £21,769,093
F/Cast Share Price (p) = 2.41
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p) ***REVISED BASED UPON RNS 21.07.2023 - IN PARTICULAR THE ADDITIONAL WARRANTS EXERCISABLE AT GB£0.015 & THE REVISED HEDGE CRITERIA***
Feb-24 1.54
Mar-24 1.71
Apr-24 1.89
May-24 2.00
Jun-24 2.11
Jul-24 2.25
Aug-24 2.41
Sep-24 2.58
Regards,
I am slightly sceptical regarding the crystallisation of the Existing Hedge Agreement with an element of risk on expecting the NBP to be higher than the crystallised values in the respective time periods,
Beyond that the RNS appears to be warmly received by the Private Investors though it does appear to be skewed in favour of those who agreed the Hedge Agreement as they have yielded bunce from the agreement,
I trust this was re-negotiated in good faith by the Board of Directors or was this an inducement of a Buyout by the holding company of the Hedge providers,
In the interest of the private Investors it is good to see the overzealous Green Ideologies regarding short & medium term Energy Provision in the United Kingdom becoming questioned and scrutinised,
I still believe United Kingdom Foreign Policy which is deliberately withholding the appreciation of GB£1 to US$1.75 is detrimental to dealing with the cost of living crisis and is hindering the Bank of England from reducing interest rates,
Though lets look forward to a sustainable price of Crude Oil & Natural Gas for the service providers to ensure there is sufficient sustainable investment to ensure the investment in Oil & Gas to ensure the United Kingdom is as close to self sufficient regarding Energy Provision as possible,
Regards,
20/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.1400 ***BELOW AVERAGE***
20/07/2023 System Entry Energy, Saltfleetby, D+1 2,972,222.0000
20/07/2023 System Entry Volume, Saltfleetby, D+1 0.2595 *** 9.1642 MMSCF/D***
Daily Output (Therms) = 101,416
Month To Date (Therms) = 1,864,925
Average Per Day (Therms) From 06.07.2023= 100,782
F/C Monthly Hedge 1 = 16/07/2023 19:23 ***MONTHLY HEDGE COMPLETED***
F/C Monthly Therms = 2,973,527
Average Monthly Price Per Therm = £0.7519
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,095,686
F/C Net Monthly Saltfleetby Gas Rev = £1,665,058
F/C Net Rev Less Disbursements = £1,640,082
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,973,527 £1,665,058 Forecast
Aug-23 3,124,243 £1,768,894 Forecast
Sep-23 3,023,461 £1,757,893 Forecast
Q3 2023 9,121,231 £5,191,846 Forecast
H2 2023 Therms & Revenue
Jul-23 2,973,527 £1,665,058 Forecast
Aug-23 3,124,243 £1,768,894 Forecast
Sep-23 3,023,461 £1,757,893 Forecast
Oct-23 3,124,243 £2,145,385 Forecast
Nov-23 3,023,461 £2,544,465 Forecast
Dec-23 3,124,243 £2,949,211 Forecast
H2 2023 18,393,178 £12,830,906 Forecast
12 Month Share Price Forecast: 9.11mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,782
Debt Outstanding KPI* = £5,053,477
12 Mth Rev-Debt = £22,153,288
F/Cast Share Price (p) = 3.51
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.67
Mar-24 2.04
Apr-24 2.41
May-24 2.65
Jun-24 2.88
Jul-24 3.18
Aug-24 3.51
Sep-24 3.86
Regards,
19/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2200 ***BELOW AVERAGE***
19/07/2023 System Entry Energy, Saltfleetby, D+1 2,881,111.0000
19/07/2023 System Entry Volume, Saltfleetby, D+1 0.2516 *** 8.8852 MMSCF/D***
Daily Output (Therms) = 98,308
Month To Date (Therms) = 1,763,509
Average Per Day (Therms) From 06.07.2023= 100,737
F/C Monthly Hedge 1 = 16/07/2023 19:32 ***MONTHLY HEDGE COMPLETED***
F/C Monthly Therms = 2,972,349
Average Monthly Price Per Therm = £0.7522
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,095,230
F/C Net Monthly Saltfleetby Gas Rev = £1,664,602
F/C Net Rev Less Disbursements = £1,639,633
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,972,349 £1,664,602 Forecast
Aug-23 3,122,838 £1,663,743 Forecast
Sep-23 3,022,101 £1,701,646 Forecast
Q3 2023 9,117,289 £5,029,991 Forecast
H2 2023 Therms & Revenue
Jul-23 2,972,349 £1,664,602 Forecast
Aug-23 3,122,838 £1,663,743 Forecast
Sep-23 3,022,101 £1,701,646 Forecast
Oct-23 3,122,838 £2,068,208 Forecast
Nov-23 3,022,101 £2,542,833 Forecast
Dec-23 3,122,838 £2,787,419 Forecast
H2 2023 18,385,067 £12,428,451 Forecast
12 Month Share Price Forecast: 9.1mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,737
Debt Outstanding KPI* = £5,511,650
12 Mth Rev-Debt = £20,771,569
F/Cast Share Price (p) = 3.33
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.52
Mar-24 1.86
Apr-24 2.22
May-24 2.45
Jun-24 2.68
Jul-24 2.98
Aug-24 3.33
Sep-24 3.68
Regards,
Absolutely,
A few more Tesla's with their Lithium Ion Batteries going up in flames and a product recall is going to lead them to re-evaluate the fallibility of their ideologies,
Regards,
18/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2600 ***ABOVE AVERAGE***
18/07/2023 System Entry Energy, Saltfleetby, D+1 2,928,889.0000
18/07/2023 System Entry Volume, Saltfleetby, D+1 0.2559 *** 9.0370 ***
Daily Output (Therms) = 99,938
Month To Date (Therms) = 1,665,201
Average Per Day (Therms) From 06.07.2023= 100,924
F/C Monthly Hedge 1 = 16/07/2023 18:55 *** MONTHLY HEDGE COMPLETED***
F/C Monthly Therms = 2,977,207
Average Monthly Price Per Therm = £0.7557
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,104,051
F/C Net Monthly Saltfleetby Gas Rev = £1,673,423
F/C Net Rev Less Disbursements = £1,648,322
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,977,207 £1,673,423 Forecast
Aug-23 3,128,631 £1,667,689 Forecast
Sep-23 3,027,707 £1,705,795 Forecast
Q3 2023 9,133,545 £5,046,907 Forecast
H2 2023 Therms & Revenue
Jul-23 2,977,207 £1,673,423 Forecast
Aug-23 3,128,631 £1,667,689 Forecast
Sep-23 3,027,707 £1,705,795 Forecast
Oct-23 3,128,631 £2,073,131 Forecast
Nov-23 3,027,707 £2,549,560 Forecast
Dec-23 3,128,631 £2,794,949 Forecast
H2 2023 18,418,514 £12,464,548 Forecast
12 Month Share Price Forecast: 9.12mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,924
Debt Outstanding KPI* = £5,471,803
12 Mth Rev-Debt = £20,889,193
F/Cast Share Price (p) = 3.34
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.54
Mar-24 1.87
Apr-24 2.23
May-24 2.47
Jun-24 2.70
Jul-24 3.00
Aug-24 3.34
Sep-24 3.70
Regards,
17/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3000 ***ABOVE AVERAGE***
17/07/2023 System Entry Energy, Saltfleetby, D+1 2,997,778.0000
17/07/2023 System Entry Volume, Saltfleetby, D+1 0.2615 *** 9.2348 MMSCF/D***
Daily Output (Therms) = 102,288
Month To Date (Therms) = 1,565,263
Average Per Day (Therms) From 06.07.2023= 101,006
F/C Monthly Hedge 1 = 16/07/2023 18:39 ***HEDGE COMPLETED FOR MONTH***
F/C Monthly Therms = 2,979,343
Average Monthly Price Per Therm = £0.7616
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,114,258
F/C Net Monthly Saltfleetby Gas Rev = £1,683,631
F/C Net Rev Less Disbursements = £1,658,376
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://data.nationalgas.com/find-gas-data
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,979,343 £1,683,631 Forecast
Aug-23 3,131,177 £1,669,424 Forecast
Sep-23 3,030,171 £1,707,619 Forecast
Q3 2023 9,140,692 £5,060,673 Forecast
H2 2023 Therms & Revenue
Jul-23 2,979,343 £1,683,631 Forecast
Aug-23 3,131,177 £1,669,424 Forecast
Sep-23 3,030,171 £1,707,619 Forecast
Oct-23 3,131,177 £2,075,296 Forecast
Nov-23 3,030,171 £2,552,517 Forecast
Dec-23 3,131,177 £2,798,260 Forecast
H2 2023 18,433,218 £12,486,746 Forecast
12 Month Share Price Forecast: 9.13mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 101,006
Debt Outstanding KPI* = £5,450,881
12 Mth Rev-Debt = £20,944,832
F/Cast Share Price (p) = 3.35
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.54
Mar-24 1.88
Apr-24 2.24
May-24 2.48
Jun-24 2.71
Jul-24 3.01
Aug-24 3.35
Sep-24 3.71
Regards,
The results are slightly disappointing due in fact to the following:
Cash position the price per barrel of Crude has eased however H2 shows signs of being strong according to all industry experts Egyptian Crude could easily surpass US$85.00 per barrel and a steady US$90.00 per barrel would be optimal for producers and consumers,
Sale of Maria all being well this should go through by Autumn 2023 depending upon progress in Canada between Quattro and their immediate partners,
Jamaica & the Walton Morant licence very promising and strong upbeat comments from the board,
Remaining very optimistic regarding the potential for this to be a very exciting investment,
16/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.3000***ABOVE AVERAGE***
16/07/2023 System Entry Energy, Saltfleetby, D+1 3,006,667.0000
16/07/2023 System Entry Volume, Saltfleetby, D+1 0.2625 *** 9.2701 MMSCF/D***
Daily Output (Therms) = 102,592
Month To Date (Therms) = 1,462,975
Average Per Day (Therms) From 06.07.2023= 100,889
F/C Monthly Hedge 1 = 16/07/2023 19:02
F/C Monthly Therms = 2,976,311
Average Monthly Price Per Therm = £0.7698
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,123,896
F/C Net Monthly Saltfleetby Gas Rev = £1,693,268
F/C Net Rev Less Disbursements = £1,667,869
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms & Revenue
Jul-23 2,976,311 £1,693,268 Forecast
Aug-23 3,127,562 £1,666,961 Forecast
Sep-23 3,026,673 £1,705,030 Forecast
Q3 2023 9,130,547 £5,065,260 Forecast
H2 2023 Therms & Revenue
Jul-23 2,976,311 £1,693,268 Forecast
Aug-23 3,127,562 £1,666,961 Forecast
Sep-23 3,026,673 £1,705,030 Forecast
Oct-23 3,127,562 £2,072,223 Forecast
Nov-23 3,026,673 £2,548,319 Forecast
Dec-23 3,127,562 £2,793,560 Forecast
H2 2023 18,412,344 £12,479,362 Forecast
12 Month Share Price Forecast: 9.12mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,889
Debt Outstanding KPI* = £5,467,603
12 Mth Rev-Debt = £20,880,829
F/Cast Share Price (p) = 3.34
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.54
Mar-24 1.87
Apr-24 2.24
May-24 2.47
Jun-24 2.70
Jul-24 3.00
Aug-24 3.34
Sep-24 3.70
Regards,
15/07/2023 System Entry Calorific Value, Saltfleetby, D+1 41.2600 ***ABOVE AVERAGE***
15/07/2023 System Entry Energy, Saltfleetby, D+1 2,960,000.0000
15/07/2023 System Entry Volume, Saltfleetby, D+1 0.2583 *** 9.1218 MMSCF/D***
Daily Output (Therms) = 100,999
Month To Date (Therms) = 1,360,383
Average Per Day (Therms) From 06.07.2023= 100,719
F/C Monthly Hedge 1 = 16/07/2023 19:36
F/C Monthly Therms = 2,971,884
Average Monthly Price Per Therm = £0.7793
F/C Hedge 1 = £569,372
F/C Market Revenue = £1,134,343
F/C Net Monthly Saltfleetby Gas Rev = £1,703,715
F/C Net Rev Less Disbursements = £1,678,159
Links To Source data Files =
https://tradingeconomics.com/commodity/uk-natural-gas
https://mip-prd-web.azurewebsites.net/DataItemExplorer
https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5351152
Assumption That The Hedge Requirement Is A Daily Pro Rata*
Daily Average Output Of 48,914 Therms To Complete The Monthly Hedge*
1) 3 Month Hedge Requirement Of 4,500,000 Therms / 92 Days: 01.07.2022 - 30.09.2023
2023 Q3 Therms Revenue
Jul-23 2,971,884 £1,703,715 Forecast
Aug-23 3,122,284 £1,663,366 Forecast
Sep-23 3,021,565 £1,701,250 Forecast
Q3 2023 9,115,734 £5,068,330 Forecast
H2 2023 Therms Revenue
Jul-23 2,971,884 £1,703,715 Forecast
Aug-23 3,122,284 £1,663,366 Forecast
Sep-23 3,021,565 £1,701,250 Forecast
Oct-23 3,122,284 £2,067,737 Forecast
Nov-23 3,021,565 £2,542,190 Forecast
Dec-23 3,122,284 £2,786,699 Forecast
H2 2023 18,381,867 £12,464,956 Forecast
12 Month Share Price Forecast: 9.1mmscf/d
PE Factor = 5.00
Ord Shares = 3,590,393,701
FC Avg Therms / Day = 100,719
Debt Outstanding KPI* = £5,493,969
12 Mth Rev-Debt = £20,785,127
F/Cast Share Price (p) = 2.98
Based Upon Current Market Data and Responsible Debt Repayment Plan
Share Price Forecast Tracker (p)
Feb-24 1.53
Mar-24 1.87
Apr-24 2.23
May-24 2.46
Jun-24 2.69
Jul-24 2.98
Aug-24 3.33
Sep-24 3.68
Regards,