Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just as an experiment, Lev, why don't you try posting something unjustly positive, just to see what level of responses you get to balance against it or to correct any mistakes it is founded upon.
Then you'll get some measure of understanding as to whether it is folkare really ganging up against negative view, or just trying to address inaccuracy.
Rather than "hope", I'd remain invested based on "belief" significantly outweighing "doubt", from research, coupled with an acceptable risk/reward ratio. But each to their own. "Hope" can be exercised without an "excruciating" delay through tonight's lottery*, if those are the 2 most pressing factors.
The Twitter group doesn't exchange any secret info. Anyone could join, so there's no mystery. The most salient facts (IMO) I post here anyway. Often I post here before there.
I find that pondering some information longer than it takes to glance at them, perhaps for at least as long as they took to write, may help allay (or prove) doubts. 2 eyes reading what 10 fingers typed. Reading 5 times over can sometimes be quite illuminating.
* not investment advice :o)
So, in summary, you have a perpetual theme that this is too slow an investment for you and now say you doubt that the Doc can fund the opportunities going forward in a creative & accretive manner (despite track record https://snipboard.io/dIW7U9.jpg and stated plans).
So what is your reasoning, beyond mere "hope" for remaining invested? If indeed you are in any substantial way (to you).
This time next week, the Tunisia Oil & Gas Summit will be in full flow
https://www.tunisiaoilandgas.com/
Appears to have some focus on exploration and development. Given a lack of announcement so far on the new Hydrocarbons Code draft (expected at end of August), it could possibly be unveiled then (...16:05 Roundtable 2: Energy Sector Legislation & Governance)
Perhaps you did, o&w, but it in the context of your erroneous comments re AIM & proactive, your post read to me as you didn't.
"pregnant nature of upl without ever giving birth"... you overlook that since summer 2018:
- we were offered, accepted & formally awarded the 2TCF Saouaf block (a birth, after a pregnancy of SS stating we were hunting North African assets)
- we've bid on, been offered, accepted and now carry licence on the 1.2TCF equiv UK blocks (a birth, after a pregnancy of SS stating we'd been assessing assets elsewhere to Sarawak & NA)
You also claimed that nothing has moved on the ground in the last 2 years. You forget the delivery of a farm-in and drill on Wick. Sadly unsuccessful and a bit hurty, so quite surprising that you would not remember. Perhaps I should give you my nick. ;o)
Anyway, SP up over 40% on this day 6 months ago. Latest pregnancy beginning to show?
Your worries may stem from a lack of attention, 0&w. Lack of chat about this IMF RNS probably has more to do with us knowing about the award 2 days ago, or June, or the likelihood of it even as far back as April!
Tunisia's energy defecit stands at more than 4.8 billion dinars in the first eight months of this year:
up 1 billion dinars compared to 2018. (£277m)
37.6% of the country’s total trade deficit.
Worsening. Result of increased imports of energy products which reached 6.6 billion dinars at the end of August
up 22% vs Aug 2018
up 74% vs Aug 2017.
Imports mainly of refined products for 4 billion dinars (+ 16.7%)
& natural gas for 2.5 billion dinars (+ 71.6%).
Tunisia did not import crude oil in 2019, unlike 2018 (792 million dinars).
Export of energy products totaled 1.8 billion dinars, up 20% on Aug 2018
crude oil (1.3 billion dinars)
refined products (458.2 million dinars).
https://africanmanager.com/site_eng/tunisia-imported-refined-oil-products-for-4-billion-dinars-in-8-months/
OGA now confirm execution and award of InnerMorayFirth licences P2470 & P2478
OGA extract images at ==> https://twitter.com/_amnesic/status/1174255239052050437
CM's statement for Malaysia day
https://www.malaymail.com/news/malaysia/2019/09/16/sarawak-cm-says-confident-negotiation-over-sarawak-sabahs-rights-will-be-re/1791107
Hi Del.
Wishing you the best for your presentation. The profile of the event, given location, costs and past speakers is impressive.
I look forward to your feedback as to how the UPL investoment proposition is perceived.
From article yesterday...
Chan also hoped the Prime Minister would announce some good news pertaining to the return of Sabah rights as stipulated in the Malaysia Agreement 1963 (MA63) during Malaysia Day on Sept 16 that would be held in Kuching this year.
“I am a member of the technical committee on MA63 so I know there is an outcome. I hope the Prime Minister will announce it at the Malaysia Day celebration in Kuching,” he said.
http://www.dailyexpress.com.my/news/140257/can-know-their-actual-number-chan/
Hi Oilman
Steve initially emphasised low commitments, so I don't think its highest priority right now. Corallian to call shots and they were awarded some other licences to consider in their priorities.
Commitments were "Within Phase A of the Innovate licence, the joint venture must complete 3D seismic reprocessing and make a decision to drill or drop the licence within 4 years”. 3 years for IMF North
Award of InnerMorayFirth licences (P2470 & P2478) from OGA has been confirmed by Corallian Energy today.
https://twitter.com/_amnesic/status/1169662867618050048
Award of InnerMorayFirth licences (P2470 & P2478) from OGA has been confirmed by Corallian Energy today.
https://twitter.com/_amnesic/status/1169662867618050048
If by "result" you mean "The final report will be tabled in a special cabinet committee meeting". Yes.
That's not to say there will be any immediate RNS from UPL then. But it's pleasing to see Dr M is maintaining a clear timetable and has met his first stated milestone and there now seems to be some political imperative.
If the cabinet meeting concludes positively, hopefully we'll get some clarity on what constitutional changes will follow, the fit with MA63, and how PDA74 and OMO58 will sit with it all.
Of course, some form of UPL news on Malaysian opportunities may not hinge on all of the above either.
https://www.upstreamonline.com/live/1844622/fugro-surveying-malaysian-acreage
https://www.energy-pedia.com/news/malaysia/fugro%E2%80%99s-targeted-approach-secures-second-seep-hunting-success-offshore-malaysia-177444
https://www.offshore-mag.com/geosciences/article/14039125/fugro-prepares-for-third-seep-study-offshore-malaysia
About a Shell celebratory dinner, but Chief Min AJ was there (amongst other notables) talking about O&G aspirations, etc.
https://www.theborneopost.com/2019/09/04/swak-looks-to-boost-coffers-with-crude-oil-production/
https://dayakdaily.com/abang-johari-praises-sarawak-shell-berhad-for-contribution-to-states-development/
...and there he goes talking about "big data" again. Remember that? And remember Lorenzo and his magic trainers at Petronas & Petros ... https://youtu.be/dc3fBV_jGyU
https://twitter.com/Uplandtweets/status/1053256210609246208