Member Info for bluemoonpattaya

Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.

Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.

You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.

For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.

What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.

The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )

But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne

This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...

And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.

And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -

IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.

That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.

Expect Multiple shorter accounts with a very obvious agenda.s

Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.

Quick question , Is there a limit to the number of shares a company can issue ?

Did someone mention a gold mine...... Did you ever see that movie "Gold"

A placing or what has he invested our money in this time, i think we only need a diamond mine to complete the full set

Sorry wrong BB.............. OOOOPS

23 December 2020, A bad cut and paste

3 December 2020



Sound Energy plc

("Sound Energy" or the "Company" and together with its subsidiaries the "Group")





Phase 1 Development - Letter of Exclusivity and Extension of LNG Heads of Terms



Sound Energy, the Moroccan focused upstream gas company, is pleased to provide the following update in relation to the Company's proposed micro liquefied natural gas ("mLNG") phase 1 development project for the TE-5 Horst (the "Phase 1 Development") at the Tendrara Production Concession (the "Concession").





Letter of Exclusivity



The Company is delighted to announce that Sound Energy Morocco East Limited ("SEMEL"), the Company's wholly owned subsidiary, has entered into a letter of exclusivity (the "LoE") with Italfluid Geoenergy S.r.l. ("Italfluid") pursuant to which the parties have agreed to use their reasonable endeavours to negotiate and enter into a binding project contract (the "Project Contract") which will on entry commit Italfluid to design, construct, commission, operate, maintain and let to SEMEL a mLNG Plant (the "mLNG Plant") which can produce LNG. The mLNG Plant, which will also treat and process raw gas from the Phase 1 Development prior to liquefaction, is a substantial part of the surface facilities required to be built and operated as part of the Phase 1 Development.



Under the LoE, the Group has granted a period of exclusivity to Italfluid until 31 March 2021 during which time the parties have agreed to use their reasonable endeavours to seek to conclude and enter into the Project Contract on the basis of key commercial terms set out under the LoE ("Proposed Transaction") and as summarised below:



a. The mLNG Plant shall be designed, constructed, commissioned, operated and maintained by Italfluid for SEMEL in consideration for the Initial Payments and the Daily Rental Payments.



b. The term of the Project Contract shall be five (5) years (the "Initial Period").



c. An initial Payment of five million US Dollars (US$5,000,000) due from SEMEL to Italfluid within 30 days of issuance of the notice to proceed with the Phase 1 Development and two million US Dollars (US$2,000,000) due from SEMEL to Italfluid within 30 days of notification from the SEMEL to Italfluid of the successful commissioning (including production build-up) of the mLNG Plant.



d. During each day of each contract year in which Italfluid has evidenced to the satisfaction of SEMEL, that the mLNG Plant can deliver a guaranteed daily volume, a daily rental payment of thirty-six thousand US Dollars (US$36,000) per day shall be payable to Italfluid from SEMEL.



The Company cautions that whilst the LoE is binding during its term in the grant of Exclusivity and in its recording of the commitment by SEMEL and Italfluid to use reasonable endeavours to conclude and enter into a Project Contract based on the key commercial terms set out in the LoE, the Proposed Transaction remains s

https://www.bloomberg.com/profile/company/4471159Z:LN
Monecor London Ltd. offers financial spread betting and derivate dealing services. The Company offers spread betting in a range of markets including stock indexes, currencies, shares, interest rates, and commodities. Monecor London serves institutional, high net worth and retail customers.

I agree with you. It would look bad if they didn't pay it back, before they pay us the special dividend.

That's why i mentioned the movie "Gold" which is a true story. At the end of the film the guy who did the fraud, falls out of a helicopter...... Best get yourself a parachute George.

When i read the RNS, a certain movie called "Gold" come to mind.

The work programme and budget for 2020/2021 anticipates a gross JV expenditure of approximately $23 million, for which Aminex is fully carried for its 25% interest, and is expected to see the acquisition of the 3D seismic, pre-spud activities for the Chikumbi-1 well, negotiations of the commercial terms for the development licence, and the application for a further 1-year licence extension. APT plans to spud the Chikumbi-1 well in Q1 2022 and to submit the FFD before the end of 2022.

Sorry, LSE playing up on my laptop

Hi Bamps 21, It took me a while to find it, as i was looking towards Rudall. But the good news is there is a road that runs into our tenement, so easy to get the drills in there
https://greatlandgold.com/wp-content/uploads/2020/06/Figure1_Location_Map_v3.jpg

It took me a while to find it, as i was looking more towards Rudall. But the good news is, there a road that runs into our tenement. So should be easy to get the drills in when they decide to start drilling
https://greatlandgold.com/wp-content/uploads/2020/06/Figure1_Location_Map_v3.jpg

Hi Bamps21, That map you looked at must be wrong, Rio have most of that tenement E45/5532 shown in light biue.
but Greatland have the bottom 1/4 of that light blue which is tenement E45/5533. The target being Rameses i think
Parts of that light blue area was drilled in 2014 by a company called reward minerals. but did not drill lower than 150 M
As they were looking for potash, so i would think that is where the bedrock starts

Paul Kelly
Sr. Managing Director
GSO - New York
Paul M. Kelly is a Senior Managing Director of Blackstone and Chief Operating Officer of GSO Capital Partners. Mr. Kelly is involved in the oversight of GSO’s Finance, Technology, Operations, Group Strategy and Planning & Analysis functions.

https://www.blackstone.com/people/paul-kelly/

What SP price on opening........

And nobody here to read it, don't worry it's only a buy out..............................

Scientists at the University of Oxford have developed an “extremely rapid” COVID-19 test that can produce results in less than five minutes, the university said on Thursday.

The researchers hoped the test could eventually be used at airports, music venues, and businesses to quickly establish COVID-free spaces.

The university said it hoped to start product development in early 2021, with an approved device available within six months. It is currently working to set up a spinout company, seeking investment to accelerate the test into a fully integrated device.