{"id":855,"date":"2019-03-31T22:01:10","date_gmt":"2019-03-31T21:01:10","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=855"},"modified":"2019-04-01T08:22:39","modified_gmt":"2019-04-01T07:22:39","slug":"trends-and-targets-for-1st-april","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/03\/31\/trends-and-targets-for-1st-april\/","title":{"rendered":"Trends and Targets for 1st April"},"content":{"rendered":"\n

Sheet Ice Thermal Extraction (ICE.A1)<\/strong> Just when Desire Petroleum was almost forgotten, a surprise IPO picked up on the infamous \u201cMonday: The sample is OIL, Wednesday: Sorry, just water\u201d infamous series of reports which pumped, dumped and ultimately drowned the Falklands explorer\u2019 share price. <\/p>\n\n\n\n

Apparently their first report was both right and wrong, \nthanks to some abnormalities in that particular region. The problem, it seems, \nis the Antarctic and icebergs which calve from the continent.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Sheet Ice Thermal analysis confirmed the original \u201cfaulty\u201d \noil\/water sample as containing ice crystals, setting them on a hunt to confirm \nan obscure theory. The claim, now, is of icebergs calved from the continent \nactually containing pockets of oil, the very weight of the ice forcing sub \nsurface oil reserves to leak upward into the ice. As the sheets make their way \nto the ocean, the pockets of oil become sealed, often sinking with the iceberg \nwhen it reaches warmer, less dense, waters in the Atlantic. They contend this \nresulted in Desire Petroleum \u201cfalse positive\u201d all these years ago.<\/p>\n\n\n\n

The company, already floated in Dubai, aim to raise capital \nto conduct annual surveys of all icebergs leaving the continent, along with \ncommencing extraction procedures. In addition, their aim is to revisit an old \nconcept, insulating the surface of the ice with the intention of floating the \nmassive fresh water berg to desert areas, finally realising the dream of turning \ndeserts green while extracting crude oil during the passage. Additionally, \ncovering the upper surfaces with Solar Panels will generate sufficient \nelectricity to superheat sections of the ice and produce steam jets, effectively \npropelling itself at speed northwards.<\/p>\n\n\n\n

This, perhaps, explains the excitement from investors \nthrough the Dubai exchange and results in a scenario where the forthcoming \nlaunch of Sheet Ice Thermal on the London exchange shall prove profitable.<\/p>\n\n\n\n

We\u2019re obviously a bit cynical, living in a world with just \ntwo types of ice; the clear stuff goes in your whisky, the yellow stuff in a \ncertain relatives whisky.<\/p>\n\n\n\n

Our inclination is to play safe, suggesting now above 24 \nDirham should bring moves to an initial 33. Secondary, if (when) bettered, is at \n49, along with the need to revisit our calculations.<\/p>\n\n\n\n

The price needs melt below 15.40 Dirham to melt optimism \nfor the future.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Finally, have a good start to April\u2026<\/p>\n\n\n\n

\n<\/h5>\n\n\n\n
29\/03\/2019 FTSE Closed at 7279 points. Change of 0.62%. Total value traded through LSE was: \u00a3 7,194,190,661 a change of 41.01%\n\n\n<\/h5>\n","protected":false},"excerpt":{"rendered":"

Sheet Ice Thermal Extraction (ICE.A1) Just when Desire Petroleum was almost forgotten, a surprise IPO picked up on the infamous \u201cMonday: The sample is OIL, Wednesday: Sorry, just water\u201d infamous series of reports which pumped, dumped and ultimately drowned the Falklands explorer\u2019 share price. Apparently their first report was both right and wrong, thanks to … <\/p>\n

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