Member Info for chilting

Short term we are at the mercy of the market - down around another 1% today.

With its bearish trading bias, ahead of stage 2, SXX looks likely to drift lower if the market continues to stay red.

Good time to buy!!!

The only negative today is POO - down around 1.5%.

Kraken + Magnus is still the positive - best to focus on that.

It just gets better and better !!!!

Heather Knutsen is now moored off MacDuff and looks to be the best candidate.

It seems unlikely that she will go to Glen Lyon - her other favourite destination when moored at MacDuff - Hispania left there yesterday

Hello Matrix

So basically we are looking at a maximum load of 300k if Sirita goes to another field or back to Balder or up to 575k if she goes back to Alma.

Hello Matrix

Sirita is now on her way to Lerwick with a draught of 12m recorded.

So it seems that she didn't pick up anything like the maximum 350k from Balder so maybe 200k from Balder and 400k from Alma - or is that too optimistic ???

Construction progress 27/09/2018
Construction remains on track to meet 2018 guidance.
At the Woodsmith Mine site, diaphragm walling activities on the service shaft are complete and the excavation of the service shaft foreshaft is now underway and is expected to be completed in the fourth quarter of 2018. Three diaphragm walling rigs are in operation on the production shaft and activities are progressing smoothly. Excavation of the production shaft foreshaft is expected to commence in the fourth quarter of 2018. The Vertical Sinking Machine ("VSM"), which will be used to sink the mineral transport system ("MTS") access shaft to 120 meters, has arrived at site and is preparing to be launched.
The MTS portal construction at Wilton, which will facilitate the launch of the MTS drive 1 tunnel boring machine ("TBM"), remains on track for completion in 2018 ahead of the TBM delivery at site in early 2019. The initial ~125m of MTS Drive 1 will be a shotcrete lined ("SCL") tunnel development section and will be constructed using civil engineering excavation techniques. The SCL section will advance the tunnel to a depth where the geology is appropriate to launch the TBM. Design work for the MHF earthworks is complete, and earthworks are scheduled to commence in the coming weeks.
At Lockwood Beck, construction of the MTS intermediate access shaft is progressing well, with surface and basement works ongoing to prepare for the sinking of a slightly larger diameter shaft that facilitates the launch and operation of the drive 2 TBM.

On her arrival at Balder, Sirita has finally updated her draught from 9.5m to 10.7m.

Hello Matrix

Yes, I see what you mean - Sirita is heading directly for Balder - I guess she hasn't recorded changes to her ballast.

Heather Knutsen left Rotterdam last night heading for Mcduff - hopefully she will be Kraken bound.

Actually, Sirita could be on her way to Kraken - she has the capacity and presumably the different types of crude could be separated into different tanks.

Sirita finished her offload at around 23.00 last night and is heading north - her draught is 9.5m.

Hook up around 16.00 - I guess ???

It seems that Enquest have a new market for Kraken crude.

Thornbury is on her way to a refinery in the south of France at Fos Sur Mer.

Her draught is 11.4m.

Euroclear data shows a decrease from 4.42% in August to 3.66% in September.

Marshall Wace have just reduced bringing the total recorded on Castellian to 6.35%

Meanwhile Euroclear shows an increase from 9.02% in August to 10.7% in September.

Shorts are on the way back up but are still lower than average - no great drama.

Marshall Wace have just increased 0.09% to 0.82% - this is the only short reported on Castellain.

Euroclear data just out for September shows an increase to 4.2% from 3.88% in August.

Well that is good news and confirmed - it will be interesting to see where Thornbury takes the load.

She has certainly been Europe based for some time mainly around the UK. Rotterdam, Germany and Ireland.

http://www.shipspotting.com/gallery/photo.php?lid=1033463

I wonder if Sirius will go for an accelerated bookbuild placing to raise the extra $400-600m - fundraising is generally completed within 24 hours or so..

It would be a good clean way to get the extra capital needed and the extra shares issued would probably be sold to just a few selected institutions as long term investments - more institutional investment would benefit all holders.

Nitrogen production from plastic waste - sounds good !!!

https://www.plasgranltd.co.uk/could-our-plastic-waste-be-the-next-car-fuel/

This sounds like another good move -

Mr. Snow is President and Managing Director of Quabbin Capital, a private investment management firm in Boston, Massachusetts, USA. Prior to joining Quabbin, John was an auditor with KPMG in New York City and Boston. He is a Certified Public Accountant and Chartered Financial Analyst, and holds a Master of Science in Accounting degree from New York University and a Bachelor of Arts degree in economics from Amherst College.

"With his deep financial and investment experience in growth companies, we welcome having John on our board," said John R. Shaw, Itaconix CEO.