Molecular Energies Share Discussion Threads

[piperpeter] 26/3/2024 16:15

Can anyone recall when Cavendish put out an actual valuation/target price for MEN?

They put £8 per share on a success case for the current Paraguay well and Delray complex (in excess of US$100 million net to MEN), but no general valuation, so far as I can see.

This valuation would exclude the other prospects in the Pirity Block; so, for example, Jacaranda and the greater Lapacho prospect would not be included.

Pp.

[brasso3] 26/3/2024 15:59

Pied Piper

How long can MEN operate before they need another fund raise?

[mcunliffe1] 26/3/2024 15:55

smoke and mirrors spring to mind.
I do note that ATOM share price has increased in incremental small jumps today. Stands at almost 63p..........

[piperpeter] 26/3/2024 15:38

MEN's (now 18.4%) holding in ATOM is now valued in excess of GBP 5 million.

MEN's market cap is GBP 3.1 million.

MEN's share price would need to increase to 41 pence to be equivalent to its own investment in ATOM.

Pp.

[all in eol] 26/3/2024 07:05

"We look forward to being able to report on further progress as soon as possible."

Obviously neither soon nor possible…

[brasso3] 26/3/2024 06:36

I imagine getting involved with PPC/ MEN has cost someone at CPC their job!

[piperpeter] 25/3/2024 21:51

I can't believe CPC Corporation would have gone through all the very, very long procedure to farm-in to the Pirity Block with the prior intension to drill just one well.

Pp.

[brasso3] 25/3/2024 20:17

PL has achieved his objective. I doubt he is interested in Paraguay.

[masergt] 25/3/2024 20:04

Or finish drilling at some future time and at someone else's cost when PL has 'bought' that asset as well.

[brasso3] 25/3/2024 08:01

It is a duster but it will never be confirmed. They will hope you forget about the small details.

[nafnaf3] 22/3/2024 08:15

Any news/updates on suspended drill in Paraguay? Is it a duster or will the drill that little bit more for black gold????

[mcunliffe1] 20/3/2024 10:24

The ATOME thread (ATOM) carries my beliefs about Peter Levine.

There's a whiff in the air - and it certainly is not Ammonia.

[brasso3] 20/3/2024 10:16

I wonder where the share price would be today without the unnecessary management actions (200:1 consolidation, Argentinian asset sale and recent 35p placing). My guess is it would still be around 1p in old money (200p new money).

[all in eol] 19/3/2024 19:49

Above from Pp thread. I think worth including here.

[rizzzla] 19/3/2024 14:05

🛸 UFO 🛸

[piperpeter] 19/3/2024 13:23

Currently, MEN's 18.8% holding in ATOM is valued at GBP 4.66 million.
Currently, MEN's market cap is GBP 2.97 million.

Currently, MEN's 18.8% holding in ATOM is equivalent to approximately 37.5 pence per MEN share.
Currently, MEN's share price is 24 pence.

Pp.

[brasso3] 19/3/2024 10:16

7 working days to complete the GHC IPO...

[nafnaf3] 18/3/2024 10:53

Still no news why Paraguay Drilling suspended and if it is to be continued or not??? More information for share holders is needed as totally in the dark

[piperpeter] 15/3/2024 21:32

Would have to say to anyone yet to read the Green House Capital IPO Presentation, it is very, very impressive. It really is worth slowly taking in every aspect of it, thoroughly.

Then take a look at the market cap of the Company which owns 75% of it...GBP 2.9 million.

Pp.