George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Someone has discovered that PTR sit right next to the No 1 oilfield in Russia, operated by Rosneft, that oilfield is No 6 in the world by size !
Here is the post from elsewhere...
In my view Rosneft would be buyers of Licence 67 if not the whole company, they operate the Samotlor Oil Field which is one of the largest in Russia, this oilfield adjoins PTR's Licence 67 as can be seen in on page 5 and 6 in the link below.
http://petroneft.com/upload/iblock/9be/9be9578e63d7ddcc8a259a7e4a710006.pdf
I have continued to add
Someone has discovered that PTR sit right next to the No 1 oilfield in Russia, operated by Rosneft, that oilfield is No 6 in the world by size !
Here is the post from elsewhere...
In my view Rosneft would be buyers of Licence 67 if not the whole company, they operate the Samotlor Oil Field which is one of the largest in Russia, this oilfield adjoins PTR's Licence 67 as can be seen in on page 5 and 6 in the link below.
http://petroneft.com/upload/iblock/9be/9be9578e63d7ddcc8a259a7e4a710006.pdf
In the recent CEO podcast this field was mentioned (but not the operator) it seems Petroneft management are a little shy about mentioning names of majors nearby, draw your own conclusions as to why !
I have continued to add to my already substantial position.
Why do investors wait for the price to start rising before buying ? This company was valued at over £200m the previous board wasted money and effort with no knowledge of how to get the best from a massive resource that sits next to the 6th largest oilfield in the world. The largest shareholder got the old board out and bought in the experience needed to move this company forward, that tells you everything the largest shareholder did not just sell and walk away they bought more and between the board and tr1 investors 80% of the company shares are taken. So now valued at £30m with oil prices rising and a board that has already got the company producing more oil and reserves to be growing with exploration. This should be trading at least at 6p currently with potential to be double figures in the near future.imo... It will not be this cheap for to much longer.