https://www.omv.com/en/about-us/business-areas/exploration-production/yemen
"Annual production 2021: 3.0 kboe/d (net to OMV) "
You know re-reading that.
Are they saying it's authorisation or just registration?
We are waiting for leech testing now though.
@pumpky. They sure have:
https://www.lse.co.uk/rns/NNN/successful-trial-results-c34x9r1j4arlr0n.html
"The UK's Health and Safety Executive ("HSE") has completed all of its checks and has approved Pharm 2 Farm Limited ("P2F"), one of the Company's subsidiaries, for REACH UK registration (UK Registration, Evaluation, Authorisation and restriction of Chemicals). The HSE has now allocated P2F to the appropriate substance tonnage band, which will allow the production and distribution of up to 100 tonnes of copper oxide nano-material per year. This exceeds the Company's preliminary year one forecast copper oxide nano-material sales requirements for the antiviral HVAC market, enabling the Company to quickly expand into other antipathogenic projects."
Hi UG/EXMS Sorry wasn't around earlier.
I think we will supply the Nano particles to the JV. I don't know if there is any agreement that this would be done at cost or at retail?
Ex I don't think you have quite grasped the reality of the situation. It doesn't matter much that someone else is or claims to produce filters, Volz customers buy Volz filters. They will most likely just upgrade to the antiviral filters that Volz make and supply rather than scouring the internet for some other supplier.
If we sell the spray to other manufacturers then the same will probably be true there too.
GLA DYOR
"Thank you Callit.... so that 100 tonnes is 100000Kg... and not a mere 240kg...."
No worries Dr M. That's what I make it too. Trying to find a price for 100000Kg to see what that lot world be worth to NNN. :)
@UG See the posts from ExMS. He seems to have demonstrated massive demand for anti-viral nano filters in India, but the company he linked to only has a relatively small nano factory lol
"Through its joint venture with Volz Holding v.o.s. (Volz), the Group has completed successful trial results in the development of a standard retro-fit to media production lines that allows for the incorporation of the Group's antiviral technology into heating, ventilation and air conditioning units. The UK's Health and Safety Executive has completed its checks and approved Pharm 2 Farm Limited, a wholly owned subsidiary of nanosynth, for REACH UK registration and allocated the appropriate substance tonnage that will allow the production and distribution of up to 100 tonnes of copper oxide nano material per year."
That's 100 tonnes per year. I'm sure you know that!
This tool is great for the mathematically challenged . :)
https://www.unitconverters.net/weight-and-mass/tonne-to-kilogram.htm
https://www.graphene-info.com/nanomatrix
"NM Materials has a 20Kg/month graphene oxide plant." lol
GLA DYOR
https://en.wikipedia.org/wiki/Aden
"Since the outbreak of the Yemeni Civil War spread to Aden in 2015, the city has been struck by constant protests over a range of issues, but especially concerning electricity generation. Aden's power grid is composed solely of diesel generators and is thus heavily dependent on imported fuel.[40] The main power plant is al-Hasswa diesel power plant, which in June 2021 had only two turbines out of five running, producing up to 50 megawatts (MW) of power in a region where the deficit hovers around 300 MW. Nawfal al-Mojamal, the plant director, said "In its 35 years of existence, al-Hasswa station never had any kind of maintenance, except in 2016 ... when the two turbines were restored".[41]"
Sounds like our Gas-to-power systems could be just what they need.
GLA DYOR
Wow! fab article FabPhil.
Trying to work out what this bit means.
"The discovered oil reserves are valued at $100 billion, which is close to Morocco’s GDP in 2020, $112.9 billion. However, as part of agreements to allow foreign oil companies to drill in Morocco, only a part of this value is likely to go into Moroccan coffers, or supply the Moroccan market."
Where is the $100 billion going? :)
As an investor it's really hard waiting so long for T2, but I just think that this is the time it takes.
I noted this from the SNPC website:
https://www.snpc-group.com/en/signature-production-sharing-agreement-bloc-marine-xxi-american-company-kosmos-energy
"This ceremony, which took place on Monday, March 4, 2019, in Brazzaville, is the culmination of the promotion of the Congolese mining domain realized during 2016-2017. The license for the exploitation of liquid or gaseous hydrocarbons, Bloc Marine XXI, was attributed to the SNPC. And the company Kosmos Energy Congo had been designated operator of said license, after a tender process."
So 2-3 years seems to be what it takes.
GLA DYOR
Is LSE broken?
It seems so long since anyone had a bad word to say about #NNN :)
GLA
I hope #NNN branch out into anti mould drapery products with their extra capacity cu nano particles. Everyone turning their heating down should see a massive increase in mouldy homes.
If they do, it's 'curtains' for UG and his deramping crew lol
https://www.gov.uk/foreign-travel-advice/germany/coronavirus
"Medical grade masks, usually FFP-2 masks, are legally required on public transport and in health and social care settings. You should bring an FFP-2 mask with you to Germany.
States are permitted to declare themselves or areas of their territory a hotspot and impose more stringent measures, such as mask-wearing in other settings or C-19 certification. States’ measures are available from the German government."
@RR Really looking forward to that day, but hopefully more prepared this time. Last time caught me by surprise. I just hadn't planned how I would spend it ahead of time. :)
Volz aren't daft. They know that if they start selling the filters and knock them out to their existing customer base then the SP will reflect that.
GLA
I recon Mark is busy loading the RNS's into his advent calendar.
The 12 days of Christmas could be really special this year. :)
Also worth pointing out that #zen expects to get 60% interest in Tilapia whereas AAOG only had 56%. If Congo were playing hardball would this be the case? Everyone should of course draw their own conclusions.
GLA DYOR