Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
These reports take a lot of time and effort to complete and needs to go through all the channels to sign off and publish
Now this is out of the way they can now focus on operational RNS flow
Q3 comes to an end today and should get this production rate soon also
WR B1 Result
And spud of next well
And going by interim some other possibles also
The gross margine increase with production volume with the partly fixed element remain the same, as you increase production volume the variable is low at this stage the goss increases at a wider rate. Hence the production from WR-B1 could make a huge difference to the margin.
"Group has produced more oil and gas, enabling it to generate more revenue to cover the partly fixed costs of sales"
Avi7r
Interesting regarding Char, Block also through Baker Hughes agreement sees Baker Hughes allocating additional engineers to assess and potentially develop geothermal, carbon capture, and hydrogen applications across the Samgori, Patardzeuli and West Rustavi fields.
Hopefully Paul will now release a flurry of RNS for the final quarter on drills, flow rates, work overs, additional heat source work by baker hughes etc.
The ball is in his court now.
Take the bull by the horns
Kick off with a beauty on WR - B1 soon and its re rate time
Lots of planning for this well and a much improved delivery with baker hughes. The 3D highlights a big potential target.
Looking forward to the flow rates here.
£16m is a really low valuation, this well and immediately onto the next are as we know potentially transformational.