Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
ARB monthly report for December
Argo's Chief Executive, Thomas Chippas, said, "I am delighted to close out 2023 with our strong performance both in December and in the full fourth quarter. During the fourth quarter, our daily production was 4.8 Bitcoin per day, which was a 20% increase from the prior quarter. This is despite a 19% increase in monthly average network difficulty in the fourth quarter compared to the prior quarter."
Conclusion
MIDAS VERDICT: Early-stage exploration firms are not for the faint-hearted but adventurous investors should give Empire a go. Titanium is an essential component of daily life and military might but China has the lion's share of the market. Western governments and companies are keen to source this mineral from friendlier climes and Pitfield fits the bill. At 9.3p, Empire shares could go far.
Drilling results plus tip could sre this fly on Tuesday
https://www.thisismoney.co.uk/money/investing/article-12912237/MIDAS-SPECIAL-Joanne-Harts-tips-shares-showing-mettle-2024.html?ico=mol_mobile_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.30803391.1648403542.1703766101-2004484610.1698507327&_gl=1*4b1kxt*_ga*MjAwNDQ4NDYxMC4xNjk4NTA3MzI3*_ga_XE0XLFFF16*MTcwMzk3NDczMS4zMC4xLjE3MDM5NzQ3MzguMC4wLjA.
We could see flow rates as early as next week imho,this is from previous rns
Antoine Karam, Executive Chairman of Corcel, commented: "Following closely on the positive initial results of TO-13, the Operator has now completed the rig move and spudded the TO-14 well. We expect a broadly similar timeline to results as with TO-13, and we look forward to initial flow testing of this well once target depth has been reached."
Highlights:
o TO-14 well - located at the top of an anticlinal structure and an offset well from the largest historic producer in the field, has reached planned target depth of 781m
o Full Binga reservoir section (~80m) encountered in the well with identical zones encountered as in previous TO-13 well and oil shows throughout
o The Operator and CRCL believe the results confirm the ability to reactivate production through an early production system ("EPS") and imply significant hydrocarbon potential remaining
o Well clean-up and flow testing now begins on TO-14
Antoine Karam, Executive Chairman of Corcel, commented: "The encouraging results of the TO-14 well constitute a significant milestone toward development of an EPS and providing line of sight to near-term revenue generation for Corcel.
At a macro level, we've confirmed that the same formations are contiguous between both wells, and data indicate that these zones contain movable oil throughout the reservoir. Given the historically wide well spacing of the field, there appears to remain substantial areas both undrained and now potentially re-charged since the original field was shuttered.
The next steps will focus on the testing of the TO-14 well so we can determine formation pressures and ultimately flowrates, and we look forward to further announcements as Sonangol, the operator, moves to well testing."
Https://www.lse.co.uk/rns/CRCL/oil-well-tobias-14-drilling-results-6djnv915fgd5y0q.html
Https://www.lse.co.uk/rns/CRCL/board-changes-h89egluuin1tvtu.html
Looks as if the Angola govt were unhappy with production cuts thet Opec were trying to enforce on them-this mrans they can produce as much oil as they want- (Wonder if they know a gusher is about to be announced)the downside to opec being unable to cut production is the price of oil
The CSIRO is an Australian Government statutory authority constituted and operating under the provisions of the Science and Industry Research Act 1949. CSIRO's primary functions under the Act are to carry out scientific research to benefit Australian industry and the community, and to contribute to the achievement of national objectives. The CSIRO has extensive experience in assessing minerology of unique ore as well as related ore process development.