Så du vet ikke?

Osvaldsen

Ferdig med å jobbe for deg:)

Det har ikke noe med det å gjøre. Nå hadde du muligheten til å vise at du ikke bare er luft. Der tok jeg feil. Så da er vi tilbake til at du utelukkende har investert pga kontantene, som du selv er enig i at blir feil å vektlegge.
De svir av nesten 1mill pr dag i følge tall fra forrige q presentasjon, det vil si at innen q2 24 er kassen tom = aksjekurs kr0. Så da vet du jo hvordan det går med denne, i følge det du vektlegger ;)

Osvaldsen

Nå hadde du muligheten til å gjøre annet enn å vise at du ikke bare er en kverulant, men der tok jeg feil. Lykke til videre.
«Strong liquidity position for current phase of operations and fully-funded beyond 2024 at normalised activity level.»

Hva er normalt aktivitets nivå? Da tenker jeg at det ikke skjer noe spesielt. Da bare stempler de inn kl 8 og ut kl 16. Skal det skje noe forberedende arbeid så koster det peng. Da ryker kontantene kjapt. Jeg sier de brenner cash du sier de skaper verdier, men hvilke verdier skaper de nå?

Osvaldsen

Ta dialogen med Kallestad eller hør litt med Roland Oelschläger om hva han tenker.
https://www.triton-partners.com/portfolio/fertiberia/

Kr 114 under ATH og 0,54 over ATL.

Fortsatt en grisebillig gavepakke dette og kommer volumet så går den rett nord.

Hvorfor er den g billig/underpriset? Historien med Ferncliff, Saga og co. skal jeg spare dere for. Ingen vil makte å kjøpe hele selskapet til dagens m.verdi. Ene og alene fordi majoriteten av eierene mener prisen er alt for lav eller aldri vil selge på dette nivået. Tenk hypotetisk: Kjøpt for 144 mill. Likviderte selskapet og fikk ut? Eller kjøpt for 144 mill. overtok kontanter kr ca. 290 mill. samt 482 mill. i støtte. Forutsetningen uansett om det er Hrgi eller andre er at de må levere. De må lande partnerskapsavtale(r), inngå gassavtale, drive prosjektene framover, finansiere osv. Deres jobb er å skape verdier for aksjonærene og redde miljøet samtidig. Det tror jeg de både har kapasitet, engasjement og styrke til å gjøre - det er mitt bet.

At Hrgi vil levere tror også Europas største energiselskap og antagelig også Triton/Fertiberia. Hva mindre aktører på minibørsen velger å dumpe eller kjøpe for er en helt annen sak. E.on’s bet er kr. 370 mill, så får vi se hva Triton/F evt. er villig til å legge i dette.

Til slutt og uten sammenlign for øvrig. Hvor på børsen får man best avkastning eller hvor kan man f.eks doble eller gjøre 3 ganger innsatsen. Hvis vi setter Hrgi opp mot pengemaskinen Eqnr, hvor sannsynlig er det at Hrgi dobler til kr 13 versus Eqnr. dobler til kr 654. Totalt forskjellig R/R, men jeg tenker mitt og jeg tenker mer 3 til 4 ganger innsats.

Helt til slutt. Sier som Kristian Falnes (topp 17) Liker seg motstrøms. – Jeg investerer ofte kontrært, sier investor Kristian Falnes. https://www.dn.no/marked/kristian-falnes/bors/investor-kristian-falnes-tok-ut-ti-mill-i-utbytte-jeg-investerer-ofte-kontrart/2-1-1479189

https://www.triton-partners.com/portfolio/
Timer/dager.

Fra Xi:
10:57
Jeg sjekket med selskapet hvor mye det hadde blitt investert i Barents Blue prosjektet. Svar: "Det er totalt investert 130 MNOK (100%). Horisont sin andel har vært ca 40% av dette."

https://chat.xtrainvestor.com/channel/hrgi

... boring.
Imponerende volum; 11 139. Tror folk har glemt at julenissen og co er ute. Ingen sitter med samme volum som den gjengen gjorde.

Få en bekreftelse på Fertiberia, og "the game is on".

Går toget..
Fortsatt lavt volum og ble effektivt stoppet av de 19` på tampen.

SANDNES, Norway 24 August 2023 – Horisont Energi (EURONEXT: HRGI) has signed a joint development agreement with the European ammonia specialist Fertiberia as the new partner in the clean ammonia project Barents Blue, a best-in-class blue ammonia plant underpinning Europe’s transition towards carbon neutrality securing local use of natural resources and significant value creation. The joint development agreement builds on a cooperation agreement entered between the two parties on 1 February 2023.

Through the 50/50 joint development agreement (JDA), Horisont Energi and Fertiberia have agreed on a partnership for Barents Blue, which in the initial phase aims to take the project to a first DEVEX (development expenditure) decision. Once this milestone is reached, the plan is to move forward the project through next decision gates in a staggered approach: detailed engineering phase (DG2) and Final Investment Decision. The principle for the JDA and the work going forward is based on joint use of internal resources and shared external costs towards realisation of the project. A project SPV is contemplated and expected to be established shortly after the first DEVEX decision.

“Fertiberia shares our vision of developing clean ammonia projects on an industrial scale and has ambitious plans to accelerate the transition to carbon neutrality. With an objective to lead the development of Europe’s clean ammonia market, Fertiberia will be a strong partner for Horisont Energi in the continued development of Barents Blue, and we look forward to work with a competent and dedicated team,” says Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi.

“Fertiberia intends to leverage five decades of know-how in the design, maintenance, and operation of ammonia plants to help accelerate and develop the Barents Blue project. Clean ammonia will play a key role in decarbonising areas such as agriculture, energy, transport, and industry. Fertiberia is taking a leading position in transforming the future from the present and the Barents Blue project holds a significant potential in this transition”, says Javier Goñi del Cacho, CEO of Grupo Fertiberia.

Fertiberia is one of the main crop nutrition and environmental solutions providers in the European Union and one of the leading companies in Spain and Portugal. In 2022, the company committed to reducing emissions to net zero by 2035 – as the first major company in the crop nutrition sector.

The Barents Blue project will become Europe's largest clean ammonia production plant, located in Finnmark in Northern Norway, once in operation. The project targets deliveries to the European ammonia market and is supported by a grant of NOK 482 million under the EU IPCEI hydrogen program, Hy2Use. Once the first construction stage is operational, Barents Blue is planned to produce 1 million tonnes of clean ammonia annually. With a best-in-class carbon capture rate above 99% this will be the most energy-efficient clean ammonia plant in the world and well-aligned with the EU taxonomy, also termed deep blue ammonia.

Bringing in Fertiberia as a partner in the Barents Blue project is an important step towards realising the project. Another important step was the recent approval for power supply for the first Barents Blue ammonia production train from Statnett. Securing gas supply from Melkøya is a third key element and critical success factor for the project, and Horisont Energi and Fertiberia are engaging with potential gas sellers.

Horisont Energi continues the work to establish a new licence group with a new operator for the Polaris carbon storage licence, that is associated with the Barents Blue project. Furthermore, going forward the Barents Blue project will focus on getting clarity on the development of Norwegian and European schemes supporting specifically blue ammonia and hydrogen projects.


For more information:

Bjørgulf Haukelidsæter Eidesen, CEO

+47 990 36 892
https://investor.dn.no/#!/Aksje/S1455/HRGI/HORISONTENERGIAS

Sandnes, Norway 24 August 2023: Horisont Energi (EURONEXT:HRGI) today publishes the Q2 report 2023.

Horisont Energi has progressed projects and partnerships during the second quarter and continued to develop the organisation. The company’s cash position is satisfactory, and ensures that on this basis, planned operating activities are funded until the end of 2024.

The Barents Blue project has progressed on commercial matters, including dialogue on gas purchase agreements and the ammonia sales workstream. Horisont Energi has signed a new joint agreement with the Spanish ammonia specialist Fertiberia to develop the Barents Blue project, Europe’s largest clean ammonia plant. Before the summer, we also successfully secured a sufficient power supply for the first stage of the project.

“Fertiberia shares our vision of developing clean ammonia projects on an industrial scale and has ambitious plans to accelerate the transition to carbon neutrality. With an objective to lead the development of Europe’s clean ammonia market, Fertiberia will be a strong partner for Horisont Energi in the continued development of Barents Blue, and we look forward to work with a competent and dedicated team,” says Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi.

Within the carbon capture and storage business, Horisont Energi signed a new cooperation agreement with E.ON to develop a European value chain for CCS and joint efforts to access carbon storage capacity on the Norwegian Continental Shelf, strengthening the agreement previously announced.

“Having Fertiberia and energy major E.ON as partners in clean ammonia and CCS respectively marks important milestones for Horisont Energi and means that we are well positioned to accelerate the transition to carbon neutrality”, says Haukelidsæter Eidesen.

Highlights Q2 2023:

- Prolonged partnership with E.ON to develop European CCS value chain

- Secured power supply for the Barents Blue project, representing an important milestone for the development and realisation of the project

- Maturing the Gismarvik CO2 terminal project for potential 20-25 million tonnes of annual capacity, including third-party storage

- Started the development of a portfolio of carbon storage licenses with the goal of taking equity positions in storages which can be connected to the Gismarvik CO2 terminal

- Several steps taken to strengthen the governance and align the organisation with changes to the Board and Management team

Financial result:

Net loss of MNOK 58.7 down from MNOK 75.1 in Q1 primarily as a result of the termination of the Errai project. The H1 loss of MNOK 133.8 was MNOK 67.8 higher than last year as it includes costs for both the Barents Blue and Errai projects, whilst the company last year had lower project costs and lower employee cost.

The cash at the end of the quarter was MNOK 267.7. The cash burn has been high during the quarter and the first half of the year due the project activities. The cash position is however satisfactory for planned operating activities going forward. Planned activities do not require substantial external support, and the cash burn will therefore be lower, which ensures that the company on this basis is funded until the end of 2024.

Subsequent Events:

- A joint development agreement was signed with Fertiberia 23 August for realisation of the Barents Blue project.


Please find the Q2 2023 Report attached here.

You can also find the report on our webpage www.horisontenergi.no

Horisont Energi has progressed projects and partnerships during the second
quarter and continued to develop the organisation. The company's cash position
is satisfactory, and ensures that on this basis, planned operating activities
are funded until the end of 2024.

"Having Fertiberia and energy major E.ON as partners in clean ammonia and CCS
respectively marks important milestones for Horisont Energi and means that we
are well positioned to accelerate the transition to carbon neutrality", says
Haukelidsæter Eidesen.

Hrgi + e.on + Fertiberia/Triton

Horisont Energi was founded in 2019, and in January 2022, E.ON became a strategic
investor with 25% stake in Horisont Energi. E.ON has more than fifty million customers in
fifteen countries where decarbonisation demand is on the increase. The engagement by
E.ON strengthens our ability to accelerate the transition to carbon neutrality through
pioneering projects.

Prolonged and expanded partnership with E.ON to develop European CCS value chain
New cooperation agreement with E.ON to develop a European
value chain for CCS and joint efforts to access carbon storage
capacity on the Norwegian Continental Shelf, strengthening
agreement previously announced
• Horisont Energi and E.ON intend to further develop the strategy
for CO2 transport and storage. The ambition of the strategy is to
jointly position Horisont Energi to access carbon storage licenses on
the Norwegian Continental Shelf and for Horisont Energi to act as a
storage capacity aggregator for E.ON
• Horisont Energi will be responsible for shipping and storage, targeting
to take part in existing carbon storage licenses on the Norwegian
continental shelf and through any new carbon storage licenses
• E.ON is expected to become a project partner in new carbon
storage projects and potential farm-in-projects on the Norwegian
Continental Shelf
• LOI signed with E.ON who intends to deliver more than one million
tonnes of CO2 annually by 2030 from its customers across Europe

Rett og slett lovende fremtid!!

Absolutt og bra oppsummert dette og interessant om Polaris + Gismarkvik

Horisont Energi has made substantial progress on our projects
and the organisation’s development in the quarter. We have
reignited the company in the second quarter and have high
expectations for the second half of the year.
The Barents Blue project has made good progress on
commercial aspects, including dialogue on gas purchase
agreements and in the ammonia sales work stream. Sufficient
power supply for the first stage of the project was secured
during the second quarter.
We have continued to work alongside our new Barents Blue
partner Fertiberia who brings significant value to the project.
With 50 years of industrial experience and 14 ammonia plants
in operation, the company adds invaluable ammonia knowhow and operational experience. Furthermore, with green
ammonia products already for sale to thousands of
customers, they have commercial and market knowledge
which will be important for the commercialisation of the highquality Barents Blue clean ammonia product. Finally, with
Fertiberia being one of the most ambitious legacy ammonia
companies globally with a zero net emissions goal by 2035,
we have a partnership that is fully aligned on taking a lead in
the energy transition.
Barents Blue is an important project in relation to the
development of a new green industry in Northern Norway,
bridging the gap to carbon neutrality.
We continue to develop our carbon storage project Polaris as
a potential third-party CO2 storage option. The project shows
great potential to be realized ahead of Barents Blue, either as
a stand-alone project or jointly with benefits for both projects.
We are in dialogue with potential customers as suppliers
of CO2 and are benefitting from the considerable
development efforts done in the Polaris concept studies in
2021 and 2022. The Polaris project received a CO2 storage
license from the Norwegian Ministry of Petroleum and Energy
in 2022. We have secured a license extension until the end of
2023 where Equinor will remain a technical (pro forma)
operator until a new operator is approved.
The Gismarvik CO2 terminal is turning out to be an asset
attracting attention from many companies. The terminal is a
possible enabler of projects that require critical industrial
infrastructure like electricity, a harbour basin, and a deep-sea
quay in place. Our option agreement with one of Norway’s
largest industrial areas creates concrete opportunities for
partnerships and collaboration for Horisont Energi.
We have continued the development of the
Gismarvik CO2 terminal to support a much larger amount
of CO2 and now see a potential capacity of up to 25 million
tons of capacity per annum in a phased approach. This
enables the terminal to be a solution for a portfolio of carbon
storage projects.
We continue to use the lessons and experience learned from
the maturation of our previous Errai carbon storage project
into new license applications. Horisont Energi is planning for
new license applications to establish a portfolio of carbon
storage projects and expects to return to this during the
second half of the year. Furthermore, we continue to
cooperate with our great partner E.ON to develop a
European value chain for CCS.
We are developing the organisation in parallel with the
advancements of the project portfolio. We have reorganised
our management team to better support the organisation in
reaching its goals and were pleased to welcome our new
CFO Leiv Kallestad during the second quarter. We also
welcome Dr. Gabriël Clemens from E.ON as the new Chair of
the Board, to support in the scaling of our ambitious projects.
We have laid a strong foundation through project
development, partnership agreements, and the
development of comprehensive industry insights. This includes
the submission of 28 patent applications so far, illustrating the
innovative capacity of the organisation. Our work to mature
the technology and project engineering within both our
ammonia and CCS businesses will facilitate a cost-effective
and standardised approach to the development of our
projects.
Succeeding in our endeavour is however a long-term
commitment, more like a marathon than a sprint. While there
is still a considerable distance ahead, I am glad to see that
we are making substantial progress on our journey.
Bjørgulf Haukelidsæter Eidesen

Herlig med Fertiberia-melding:

Horisont Energi and ammonia specialist Fertiberia strengthen Barents Blue partnership with signing of joint development agreement
Newsweb
SANDNES, Norway 24 August 2023 - Horisont Energi (EURONEXT: HRGI) has signed a joint development agreement with the European ammonia specialist Fertiberia as the new partner in the clean ammonia project Barents Blue, a best-in-class blue ammonia plant underpinning Europe's transition towards carbon neutrality securing local use of natural resources and significant value creation.

Til nye: Sjekk ut Feriberia og eier.
https://www.triton-partners.com/portfolio/

https://www.fertiberia.com/en/

Cfo bekreftet nå (hvis jeg hørte riktig) at Fertiberia betaler Hrgi for inntreden i BB uten at han utdypet annet enn at det betales i forhold til fremdrift. Andre som hørte på kan sikkert bekrefte.

Til nye: Enova støtten på kr 482.000.000 tilsvarer kr 21.58 pr. aksje.

Det ble plutselig så stille på tråden etter handelen åpnet, hva skjedde? Gikk ikke kursen I taket?

Osvaldsen

Crazy utvikling. Mcap på skarve 135mill kr. Fin melding relatert til fertiberia, samt de guider lavere cashburn, der de er fundet til "late 2024".

Merkelig, men tar imot.

Jepp, samme her.

Får satse på at det tar seg opp over tid...:)..fanger ihvertfall småsmuler fra andre kortsiktige

Fra 1 på XI:

Cash end 2022: 392.8 mill
Cash end Q1: 354.2 mill
Cash end Q2: 267.7 mill

Måtte ta med denne siden eg ser på twitter at det påstås at cash burn er betydelig ned i q2 vs q1. Det er stikk motsatt.
Cash burn Q1: 38.6 mill
Cash burn Q2: 86.5 mill

Det står forklart i kv.rapporten, men de guider mye lavere cashburn herfra og videre utover i 2023-2024:

"Several steps taken to strengthen the governance and align the organisation with changes to the Board and Management team Financial result: Net loss of MNOK 58.7 down from MNOK 75.1 in Q1 primarily as a result of the termination of the Errai project. The H1 loss of MNOK 133.8 was MNOK 67.8 higher than last year as it includes costs for both the Barents Blue and Errai projects, whilst the company last year had lower project costs and lower employee cost. The cash at the end of the quarter was MNOK 267.7. The cash burn has been high during the quarter and the first half of the year due the project activities. The cash position is however satisfactory for planned operating activities going forward. Planned activities do not require substantial external support, and the cash burn will therefore be lower, which ensures that the company on this basis is funded until the end of 2024."

Fra XI
Barents Blue igangsettes - kanskje en no brainer ut fra dette:
"Ut fra kontakt med selskapet så har jeg fortstått at straks man setter opp en SPV (eget selskap) for Barents Blue med en eller flere partnere så vil man straks ha tilgang på 40 MNOK og alt/deler av Feed-støtte på 75 MNOK. 362 MNOK er capex-støtte."


Tror det beløpet (cash tilgang) nå er på 52 MNOK

https://chat.xtrainvestor.com/channel/hrgi

Og det kommer fra L. Brandeggen selv. At han kaller det for en no-brainer ser jeg på som utelukkende positivt.

Så gjelder det at flere får øynene opp....:) akkurat nå er det konkursprising