Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm no expert but on 'Oilprice' site and other energy sites it appears the view is that cold weather is about to hit the USA and Energy usage will increase especially gas. I therefor think the longer it takes the higher Henry hub will be and makes TXP case for a higher price more sustainable. Here's hoping.
Barnyards What a load of self opinionated TOSH.
I'm dashing out the door - just to say i don't see it that way - i expect the new proposed BOD wish for a positive outcome . Whether it is that they take over or a change in management and fees at PRIM. But it must be approved by the shareholders.
But more when i return later today.
Thanks Danawinner. I've been thinking of getting L2 for months. I like LSE.co.uk more than ADVFN - which seems aggressive. However I've delayed because of all the shutdowns we had with LSE.co.uk a few months ago - but it now seems OK.
Thanks I'll get it this week.
David
Not sure I expect the demand will be as high as he predicts, but he has better information than I do. However it is definitely going the right way. Gas also.......
https://oilprice.com/Energy/Energy-General/Saudi-Oil-Minister-Global-Oil-Demand-Could-See-A-97-Recovery-By-The-End-Of-202.html
Yes Smasher it is cheap - Far too cheap. Why do you guys put ridiculous figures on the BB . When Cascadura is on productions the share Price will be double or more, so who would sell for less than £1........ for the rest of the field.
I received this email yesterday from 'The Energy Chamber'. I believe it has just been released for general publication. Although we know the information in this press release already, it does give a very positive view of Cascadura.
https://energynow.tt/blog/touchstone-cascadura-1st1-is-a-larger-pool-than-originally-expected
I think a lot of the Sells are in fact Buys. I think i will soon get L2 because this will show how many MM are on the Bid side and how many are on the Ask side. I suspect there are more on the Ask side which is why the Buys are being offered a price below the Midpoint. But cannot know for certain, but the regularity of the two different prices on the trades seem to suggest this is the case.
Great News
James Shipka, Chief Operating Officer, commented:
"We are extremely pleased with the final testing data and GLJ's independent analysis of the stage one and stage two information, as both confirm the tremendous potential of the Cascadura-1ST1 discovery. The low sandface drawdown, high reservoir pressure, and rapid recovery suggest a sizeable reservoir with excellent production potential. With minimal drawdown observed while flowing and with no boundaries seen in the analysis, the pressure data confirms that the Cascadura pool is larger than the area of investigation observed during the tests. On this basis, we will likely require additional drilling and production at Cascadura to fully understand and optimize production from the structure. We are now working with GLJ to complete an independent reserves evaluation for the Cascadura feature, which we expect in July. The evaluation will use the test data along with wireline logs, analogous pool data, offset production and seismic to properly assign reserves to the pool.
The team remains on course to begin drilling at our next prospect, Chinook, in July, where we are keen to explore a separate structure along the same geological trend. With several near-term catalysts for the Company, now is an exciting time for Touchstone, and we look forward to updating all our stakeholders in due course."