Gasol Share Discussion Threads

[savo2] 07/11/2013 19:30

No but an update would be nice from the company

[gavapentin] 07/11/2013 10:44

Any logic to the 10% drop?

[racinglad] 28/10/2013 19:20

and just the start

[racinglad] 28/10/2013 19:19

lets hope so, been a long wait

[robo15] 28/10/2013 19:11

Sounds like they have got the Malta deal. Why else would they want 30 mill

[bronislav] 28/10/2013 08:01

That's ...50 million in total that they have drawn down.

[teraferma] 28/10/2013 07:57

Gasol plc Draw down US$ 30 million on new Euro Medium Note

[bronislav] 19/10/2013 11:29

should see some benin news in the foreseeable future.I am pleased with the malta deal and feel we can only go forward from here.Its been a long time coming and investors locked in at much higher prices will understandably be frustrated with this slow pace of progress .However ,not only do we now have a clear path forward ,and an impressive board but just as important ,we have some high profile partners.exciting year ahead of us.

[teraferma] 17/10/2013 22:34

? Currently capitalised at only £6.2m, the Gasol share price gives no hostages to fortune, yet the just announced successful consortium bid for the supply of gas to Malta is highly significant for the company's future.? Gasol's West African ambitions remain very promising, but Malta looks a more immediate route to the generation of revenues and positive cash flow until the West African Gas Pipeline ('WAGP') begins to fill its capacity. Expected revenues from Malta alone are, we believe, sufficient to justify a substantially higher share price.? It is too early to be confident of the numbers, but indications are that the project should have a short payback period with an IRR in excess of 11%.http://www.equitydevelopment.co.uk/doc/1130.pdf

[teraferma] 17/10/2013 22:30

Cantor Fitzgerald analyst Sam Wahab was quoted as being enthused by the news: 'This is clearly a significant milestone for Gasol, as the company looks to diversify its exposure across Africa and apply its considerable gas-to-power experience in Malta.'The inclusion of high profile partners in SOCAR and Siemens clearly adds further validity to the project, which the government described as a 'world class' proposition."As such, the company's long term strategy to supply gas to gas-constrained markets, where liquid fuels are currently being used for power generation, remains firmly on track.'

[savo2] 17/10/2013 19:54

hxxp://www.independent.com.mt/mobile/2013-10-17/news/gasols-malta-venture-will-provide-diversification-from-its-current-focus-2911797251/

[gavapentin] 15/10/2013 18:45

Value yet to be announced as far as I can see - maybe that will be the touch paper (provided it is a solid income stream) as it effectively gives huge stability being 18yrs duration. Not sure of when we will know that detail - perhaps a call to Alan?

[savo2] 15/10/2013 17:04

18 year agreement! I am surprised people haven't latched onto this!

[robo15] 14/10/2013 22:06

Does anyone know the approximate value of this contract ?

[teraferma] 14/10/2013 21:52

Amazed by the lack of response, don't think the market has caught on.Gasol have a 30% stake in the consortium and have signed an 18 year agreement.http://www.timesofmalta.com/articles/view/20131013/local/gas-bidder.490079#.UlrZeGS9Kc0

[dreggspicker] 14/10/2013 07:21

yes, my investment in GAS may come good after all........................

[bobbyjim] 14/10/2013 06:10

We have news and it's good!

Gasol plc Electrogas Malta preferred bidder for LNG to power

Commenting on the project COO, Alan Buxton said: "This is a hugely exciting development for Gasol. Although based outside of our usual geographic remit, we have considerable expertise in floating LNG import projects, which we can apply to Malta. I am delighted that out of the final three bidders, our consortium has been announced as preferred bidder and we look forward to finalising the project arrangements with Enemalta and subsequently concluding the financing agreements with Electrogas' mandated bank consortium of local and international banks."

[racinglad] 09/10/2013 13:51

Been in since 2007, and just picked up a few more. Tremendous potential. Alan Buxton obviously thinks so to, and he has the inside track!