Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
I don't think any particular generation is to blame, as it were. Baby Boomers took advantage of favourable market conditions, as we all would. But main difference now is proportion of income that my generation have to spend on housing, usually rent, which cripples any ability to invest in more productive assets. Unless, of course you are fortunate enough to receive a loan from the bank of mum and dad, which is hardly meritocratic. "Millennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, says a study launched by former Conservative minister David Willetts that warns of a �housing catastrophe�. The generation currently aged 18-36 are typically spending over a third of their post-tax income on rent or about 12% on mortgages, compared with 5%-10% of income spent by their grandparents in the 1960s and 1970s."
Agree. If anyone does get hold of a schedule could they post it on the board? Would be particularly interested in London events.
I'm sceptical of the likelihood of anything meaningful happening in SA. BUT, it is fun to ponder the possibilities... "The US Energy Information Administration estimates that the Lower Permian Ecca Group shales in the Karoo basin contain 1 559-trillion cubic feet (Tcf) of risked shale gas-in-place, with 370 Tcf as the risked, technically recoverable shale gas resource. One trillion cubic feet of natural gas is enough to heat 15-million homes for one year, generate 100-billion kilowatt hours of electricity or fuel 12-million natural-gas-fired vehicles for one year. The current US estimate excludes the thicker Upper Ecca shales on the basis that they have a lower reported total organic carbon content." http://www.engineeringnews.co.za/article/australian-junior-applies-for-right-to-explore-for-shale-gas-in-karoo-2014-01-27/rep_id:4136
Excellent news. Roll on the feasibility study...
Looks like we have some momentum behind us today. Once May is over we will officially be "mid-2018", the latest milestone for the Feasibility Study.
Mirabeau, is that you welcoming further government involvement in our little asset?! I had to rub my eyes for a minute there... Seriously though, good to have national endorsement for the Beetaloo, not least for future prospective buyers.
Starting to look a little more vertical today.
In addition to raising a glass to the informative posters on this board (Orson, WW, Newt, Marsh, Mirabeau, IT Nanodarcy, Ribbit and others) I feel that we owe a toast to Justice Pepper who was impressively resilient and impartial in the face of some fairly aggressive bullshit from NTG. And to Gunner, who chose to side with science over political calculations, demonstrating that politicians can actually be a conduit for progress at times (sorry Mirabeau). Cheers to all!
Yes I would be surprised if we saw this Ni price sustained over the short term. Longer term, however, the supply and demand projections look promising for Horizonte and Ni more generally.
Do we know if/when Origin are planning to publish their Kyalla estimates?
"Origin plans to drill and fracture stimulate a further five wells to complete existing exploration permit commitments put in place prior to the moratorium being introduced in September 2016." https://www.originenergy.com.au/about/investors-media/media-centre/origin-to-resume-beetaloo-exploration-in-nt.html
“The umpire has made its call and it’s time to get fracking“
Why have Origin not published resource estimates for the additional drills? Are they waiting for further confirmation?
Some big sells on AIM at close. Difficult to reconcile with the impending news.
This is fantastic news, if true. Not going to sleep tonight.
Hydrogen, I've also found the SP movement bizarre, given that, as you say, we were touching 28p in Feb 2017 with no real indication of the outcome, yet now we are at 23p with some fairly strong suggestions of the result. I can only think the fact that further drilling won't take place this year is affecting the result.
April 26th, 1200h local. But much sooner, I hope....
I'm amazed we are still at this price given that we were at 23/24p back in May and December before the final report was out. Nevertheless, it seems to be increasing in small increments which is encouraging. Still bracing myself for more wrinkles on the road to the Dublin party though.
So far I'm cautiously optimistic. The key will be how the Government interprets the 'some elements' in "regarding SREBA, which requires some elements to be implemented immediately while others can proceed in parallel with the relatively small activity footprints associated with exploration".
itaduster have you got the link to the SP angel article?