Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
From the CHAR RNS:
"The net proceeds of the Fundraise will be used as follows:
o For near term onshore drilling and development planning on a new onshore Moroccan Licence, expected to be awarded imminently; and
o NEW VENTURES and working capital."
NOTE, my capitals!
Layla, Keith is a regular poster on the PRD board. I am not sure if he is still invested here, but he did mention some kind of conflict of interest regarding KAV and his professional life, and I don't think he has posted here since.
The boss of Shell has warned it would be “dangerous and irresponsible” to cut oil and gas production during an inflation crisis.
Wael Sawan insisted that the world still “desperately needs oil and gas” to avoid a surge in energy costs as households struggle with the cost of living.
The Shell chief executive warned that increased demand from China and a cold winter in Europe could push prices higher - impacting bills.
Mr Sawan has angered climate activists who have criticised the company’s plan to continue oil production until 2030.
Shell’s annual shareholder meeting in May was disrupted by protesters chanting “go to hell” and attempting to storm the stage, with the chaotic four-hour event dominated by accusation that the company was putting the climate at risk.
Professor Emily Shuckburgh, a climate scientist at the University of Cambridge, said companies like Shell should speed up their green transition “rather than trying to suggest the most vulnerable in society are in any way best served by prolonging our use of oil and gas”.
Mr Sawan told the BBC: “I respectfully disagree.”
He added: “What would be dangerous and irresponsible is cutting oil and gas production so that the cost of living, as we saw last year, starts to shoot up again.”
I've said before that Morocco would be a good place to diversify to and reduce exposure to the anti O&G nonsense in the UK. Gas with CHAR or better still PRD would make sense to me. Come on Mitch, you know it makes sense. Time to stick two fingers up to HMG.
Who says that the CPR WON't be after test results?
"It is anticipated that the Company will complete and publish a Prospectus in the COMING WEEKS to.....
An updated Competent Person's Report will be produced at the time of a Prospectus."
My capitals.