Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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no we don't, Goldilocks is just right, not to hot but definitely not to cold just what we need.
She's a fast learner though.
We don't want her upstaging our very own Goldilocks do we ?
hmm, not sure RoJo, she hasn't quite got the move ?
https://www.youtube.com/watch?v=41ZyPLwA0S8&ab_channel=cardplant
found a lead guitarist if we don't hear from Pete Townshend.
She's quite good
that's my shout as well cperking, i'm still sticking with announcement before the election, hoping and praying anyway : )
Pin the tail on the Donkey (yes I know it is a Donkey right now)
Week next Tuesday ;0)
Tanzania I think we now looking at Q1.
leant Never to be optimistic with this company. maybe there needs to be a change in the government.
So after all, is the gas pipeline in Uganda the ultimate prize Mr Ambrose envisages ? First the drilling and confirmation Tanzania has more gas than it knows what to do with ! By the way, I'm sticking my neck out and saying we get the FO before the election.
20 million. How much is an offshore well Rojo?
Clouds and cuckoos come to mind !
Cheap ?!
How much is the pipeline?
its all about the asset RoJo, all that lovely on-shore cheap accessible energy, that's what it's all about. is there a song there : )
Meow
How you guys can keep bashing on trying to 'big-up' a tin-pot Company defies belief.
It's not even trading is it?
RoJo "Nobody wants oil anymore Mather."
i dont think you can say that RoJo, supply/demand might be a bit out of sink at the mo hence lower price but i think you'll find liquid fuels consumption is now at about 90 mmbpd.
https://www.eia.gov/outlooks/steo/report/global_oil.php
But to your point rojo, Tanzania are 100% reliant on imports for oil. So it would be an instant market. Not a damp squib as you suggest.
I was only remarking on Tanzania's post. They are investing for the gas - pure and simple.
Nobody wants oil anymore Mather.
Have you seen the SPs of Shell and BP ?
They say that's the demand, but they don't say that's what they'll be supplying. Big market though once ready.
Agree BG, the TPDC however say that is the demand in the next 3 to 4 years....if you believe them of course.
Last October presentation from the TPDC
https://twitter.com/cperkin99/status/1305109867699613702/photo/1
cperkin, "All current 8 planned wells in Ruvuma would only provide 15% of the capacity"
yes, though i suppose they must be thinking, that at some stage, 10 years +, the off-shore gas will come into play ?
It is very easy Tanzania they paid $5 million dollars and a large line of credit on a huge amount of gas that will (should) repay their investment many 100's of times over the coming decade. That is a very good risk - reward ratio. Moreover $35m of that $40m you discuss is hypothecated to cover the costs. And if they don't get approval, if they don't get their 50%, they don't pay it and AEX owe them $5m that is likely send AEX into administration.
They have the deck totally stacked in their favour.
Could be the oil hint, regardless the Export gas pipeline is where the big volume is. If this gets approved and implemented with the Uganda oil export pipeline then the volumes predicted by the TPDC are huge @ 1BCF per day demand for Uganda and Kenya.
All current 8 planned wells in Ruvuma would only provide 15% of the capacity.
Are you hinting at oil Tanzania?
Tanzania
Really? I am not sure I understand the question. What attracts the Zubairs?
Bottom line massive profit. It is that simple. There is an enormous amount of gas already discovered and enormous demand. CH1 may double the amount f gas and there are 6? further wells planned in this one field.
It is just that simple.