Molecular Energies Share Discussion Threads

[barony] 05/12/2023 14:51

No one bothers to read projected news flow as the news does not flow from zero activity.

[piperpeter] 05/12/2023 14:23

Putting aside the Paraguay Exploration Well, the Green House Capital IPO, and Molecular Aviation, has anyone checked out the September Presentation lately, on the Company website, and specifically the Project Newsflow page in relation to Green House Capital Group Plc?

Dual Fuel Engine Test Cell - from mid-October.
First Dual Fuel Vehicle on Rolling Road - from mid-November.
First Aton 6 Carbon Sales - from early December.
G Mobility 1st Electrolyser delivery - from mid-January.
G Mobility business begins with cars - from mid-January.
First Dual Fuel vehicle on road - from mid-January.
Quanto payment App roll out - from mid-February.
G Mobility revenue generation commences - from mid-February.
Expected start of revenue stream from sale of President Argentina - from mid February.

Pp.

[barony] 04/12/2023 23:21

Just not bothered to keep investors like us informed. We aren’t important.

[activmojo] 04/12/2023 17:49

My understanding is the well spudding could be completed with out having the BOP as that's is the last bolt on component prior to commencing drilling. In fact they could conceivably drill several hundred feet without a BOP. Can't believe they've been sitting around twiddling.

[chris cat] 04/12/2023 16:07

"High Impact" well...which is basically our only tangible asset at the moment (Ignoring the blue sky GHC etc.) Surely this must be considered share price sensitive and as pointed out above, this latest deadline follows on from previously missed deadlines so surely they should have the courtesy to advise accordingly. I think if it was a company that consistently met deadlines, then we'd be safe to assume that the well had spudded "in November" as previously stated, however the fact that MEN have never done anything remotely on time in 15 years, it is safe to assume that it hasn't yet spudded. Circa 70 men on site I think it was?

[barony] 04/12/2023 15:33

I think PL considers us smaller investors an inconvenience as he can’t be bothered to update us - the market. Maybe he just tells his buddies what’s happening? If, he is busy forming new subsidiaries, he is surely not too busy to let us poor suckers know what, if anything, is happening?

[pecuniary] 04/12/2023 13:16

With MEN, operations NEVER proceed according to their target so some statement on proceedings is required.
Let’s not forget that the November date is already one of many that have fallen by the wayside…

[piperpeter] 04/12/2023 12:35

Considering the Company has already stated, on 25 October, that it targets spudding the well in November, and that it "will provide further updates as appropriate", would there actually be a necessity to announce the spudding of this well if operations had proceeded according to their target?

However, on the flip side, surely the Company would be obliged to inform the market if their stated target was off target?

Pp.

[barony] 04/12/2023 10:56

Perhaps the drill team are lost and can’t find Paraguay?

[brasso3] 04/12/2023 08:10

Has Paraguay drilling moved to 2024 now?

[barony] 01/12/2023 15:49

Drill? Why no news?

[all in eol] 30/11/2023 20:34

There was a piece on proactive investors that they are still working hard on the spin out. G-mobility will be spun out under Green House Capital not on its own.
Aton 6 is the most advanced but G mobility Hyso and Dual fuel all feed the expansion or similar words.
Looking forward to the next announcement along with Atome fid.
Showtime or show stopper, majority of shareholders are waiting patiently for the outcome given the lack of volume.
Then there’s Paraguay, maybe even molecular aviation…

[all in eol] 29/11/2023 19:43

masergt29 Nov '23 - 19:16 - 2060 of 2060

G Mobility given away? When did that happen?

[masergt] 29/11/2023 19:16

I recall Open Orphan announcing the spin out of four "valuable non core entities". Only one happened, POLB, at 10p. ORPH's (now HVO) share price then tanked. POLB sank to 6p as the hype died, the CEO finally bought in moving it back to a smidge over 10p but two years on it still sits below the IPO share price Cathal Friel made all sorts of 'promises' which PL seems to have followed with his spin out strategy. And then said nothing of accretive note.

MEN's share price also tanked after the ATOM spin out and whilst ATOM's share price hit £1.40'ish it too has slipped back below the IPO price.

G-Mobility was going to be a spin out from GHC but we've now given that away. What does that do to GHC's value? Was G-Mob worth anything in the first place or are we now heading towards an ultimately nil value in specie divi in a GHC IPO which results in MEN tanking once more and a static GHC SP? Can anyone think of an 'undervalued' AIM company that restructured, changed its name and strategic direction, and brought real benefits to the retail share holders? With no spud news, I'm just getting a bit of that deja vu feeling.

[brasso3] 29/11/2023 14:14

4. Placing

[piperpeter] 29/11/2023 13:52

Well, communication will have to come some time soon...

1. Paraguay oil exploration well.
2. Green House Capital IPO.
3. Sustainable Aviation Fuel.

All of major importance.
All are due an update.

Pp.

[brasso3] 29/11/2023 13:06

Chris

If you think communication was poor in the past I only see it getting worse now PL has got the assets he wanted on the cheap.

[chris cat] 29/11/2023 11:59

PP - They know how important this is, "High impact well" I think they call it. They've issued delaying RNS after delaying RNS about the BOP/spud....they advise a spud date (roughly) surely they will announce when it happens. If they say nothing tomorrow after stating "In November" then it's beyond poor.
The trouble is, they never announce anything early, they obviously gave themselves as much time as possible by saying "In November" so they could push it to the last day... and here we are still waiting. Maybe they'll spud today and announce it later due to the time difference. Pictures of the site set up and mast were tweeted, the fact that they haven't tweeted one of the BOP on site makes me think it hasn't arrived ..... and that will be the announcement tomorrow.

[brasso3] 29/11/2023 11:46

MEN will issue and RNS about Argentina's political situation so surely they should also report on operational activity. That is what I would expect from a professional O & G company even on the AIM casino.

[piperpeter] 29/11/2023 11:01

"will provide further updates as appropriate".

Is there actually a requirement to announce the spudding of a well?

The latest photos of the rig, taken over month ago (with written descriptions), appear to show the rig fully assembled and ready to go drilling, and the blow out preventer and choke manifold being readied for shipping to the well site. Surely they've had ample time by now to start drilling?

Pp.

[chris cat] 29/11/2023 10:46

One day left for "In November" Good news tomorrow, or more delays?

"Final on-site commissioning of the drilling rig is taking place. The Company understands from the drilling company that the repaired blow out preventer ("BOP") has passed its operational tests in Brazil, from where it is due to be shipped, and is currently expected to be on site at or around the end of the second week of November.

The BOP is a critical safety component of the drilling rig and MEN will not authorise any drilling activities unless it receives certification, and the rig passes its final on-site safety tests. MEN now targets spudding the Tapir x1 well in November and will provide further updates as appropriate."

[brasso3] 28/11/2023 08:20

MEN RNS:-
#SPIN
#JAMTOMORROW
#NOTHINGBURGER