Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks for clarification Jimmy. Can't wait to see how close you are to official CPR figures.
I agree there will be a farm-out. I expect it will be announced - subject to approvals - before end Sept. Who will it be ? Repsol, TotalEnergies or ENI ? They would probably want to operate. CEPSA perhaps ? My money would be on one of these.
Jimmy,
You post so much good stuff i am reluctantly agan pointing out your incorrect use of PRMS terminology.
"2c proven reserves" do not exist. 2c are contingent resources. See slide 21 of latest corporate presentation.
So what precisely are you expecting ?
Thanks AJ
Surfit - my post on 20th May reposted below
The only reference to reserves in the last RNS is
"The net proceeds of the Fundraise will be used to:
• Advance the engineering and design of the Anchois Gas Development, including FEED project,
project financing, gas sales and updated reserves report, to reach FID"
It would have been simple to state that "an updated reserves report is currently in preparation by ...."
I conclude Chariot are still running the numbers and not yet ready for an audit.
Thanks Jimmy. I remain unconvinced and think it likely these extra thin gas bearing sands are below seismic resolution. Looking at the few sections provided in the anchois announcement there is little space for them otherwise.
Time will tell.
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Buying 1,000 TENAZ ENERGY CORP COM NPV (POST REV SPLIT) sharesIndicative PriceC$2.70Order TypeMarket BestCountryCanada
Order DetailsSettlement DateT+2
Market CurrencyCanadian Dollar
Settlement CurrencyGBP
SterlingIndicative FX Rate1.576428
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