Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
ST
A small add on:
The 32nd round ended in Sept 2020 and companies awarded (and came to an agreed term with OGA) are now listed on their database
I see Holywell was included in the old doc (potentially being awarded subject to agreement) but in OGA's most recent doc, neither Holywell nor Advance is mentioned anywhere .
In fact, neither Holywell nor ADV is on OGA's license data by company in the UK as of today.
Did they went through it ? Or did they drop those? Unlikely the former as the company names would be listed.
DYOR
Hello Dai
KIST is indeed doing well and glad i was in from the beginning. Production is solid and the new well drilled has also been successful. Less volatile and share appreciation is better than BP or Shell.
ADV is doing ok, but together with HE1 and KIST, thats a lot of my investment dependent on drill bits getting it right. And i have others investments too in the private sector dependant on drill bits.
Hence the SpectrumX angle. I think they are going for Main Market rather than AIM. In their Proactive Interview, they said the plan is to list in Nov hence the heads up - early entry is key, as per HE1, ADV etc.
Another one to consider for due dil is Technology Minerals , with planned IPO late this month (might go into Oct, so watch out). I like the business model, a proper circular economy angle.
GLA. I am sleeping on my HE1 shares until next year.
Evening Dai
I promised to share with you some time ago on companies i am thinking of. SpectrumX.
https://us02web.zoom.us/webinar/register/1116306766322/WN_8Ryghu5SSKqJNgc7upuzQQ
Its a link from LSE page itself. you can also click on the webinar link at the top of LSE webpage too to register.
Unicorn? Worth a good research.
thanks Marik
"“I'm looking to mobilise seismic imaging physical this season, so that we're able to get information from before the rain starts in mid-November, it's ambitious, but we try our best because I hate wasting time.”
bring on 3D, tired of seeing work programme based on 2D .
i think its now after the rainy season for next drill so Mar / Apr / May 2022.. sigh.
i will dip in and out of the BB but much less frebut this has been a little bit painful and indeed, after my small buys this am to lower the average down, I think unless this drops to my original buy at 4.5p, I wont be adding significantly until next year closer to the drill next campaign.
SHOS2B - I hope you are well.
Good buy Paddy. I woke up late, just topped up at 8.72p.
Mike, I am not a geo so my answers might be daft:
1. source of He is deep down in the mantle and crust
2. like Houdini, it escapes using whatever path it can find all the way to space
3. the rock formations above the source would have traps, all the way up to 70m in the case of Rukwa
4. so likely there will be deeper formation where He may be trapped, likely with formation water
5. we know traps and seals can exists down to 3000m, as HC are trapped as deep if not deeper.
Please feel free to shoot (especially if there is a geo out there)
- No long position allowed for HE1 (I was about to dabble)
- Aquis trade starts next year (else £40 fee over the phone with prices updated daily)
- SIPP is coming in Sept (give or take) - SGF, it will be like snow in Colorado deep in winter when this happens!
Thanks Milcait
those sands in the area are prolific - selective Forties and Brent sands can compare with them, therefore same behaviour (large flush followed by long tail). and a very strong aquifer too similar to some CNS fields here in UKCS so no surprises, maybe the tail production wont be as bad as Brent sands in terms of rates.
if anything, it further strengthen my view that the appraisal will beat market expectation hands down.
why oh SGF, why do you do this to me?
I was this close to your share count and now i've spent most of my dry powder on HE1.... and you topped up 500k leaving me behind again..... i am 1 mm short of yours.... hah, need to look at my pf again now.
hmm... still able to buy (I forgot about my HL account!) - bought 31701 shares @ 12.5799
fingers, toes, the lot!
Goza
I still remember your post
"
goza172
Posted in: HE1
Posts: 235
Price: 27.50
No Opinion
RE: Duster09 Aug 2021 08:55
Not true, at sound energy there was a similar delay, we all thought it was because they were taking there tike to announce a big discovery, it was a duster and the share price halved by 50% in a morning"
Please keep it coming, good to have some balance and perspective.
SGF, i think thats my last buy for HE1 today at least, 50,000 at 12.55p.
Steadydanny, lots of warrants, sweeties etc i suppose -i can see Gneiss' hands in this with SCIR. They have some good blokes working there at Gneiss but no denying they are sharks, like all city folks except a handful, and a bit of a marmite within the E&P community.
nice one SGF, I topped up both HE1 and ADV with RMM proceeds.. now i am almost dry ( a few more 25k shares of HE1 left to buy if the price is right)..
As an aside, I decided to pick some US stocks last night - SLB and Chevron to trade (weeks not months timescale). lets see if I lose money, or otherwise. I had SLB shares at 20 then sold them at 35.. decided to add again seeing oil price starting to get chirpy. but who knows.
added another 100,000 shares on my ISA this am....
Oh forgot to mention , the last buy was from the proceeds of RMM which i sold this am. When that numpty caused havoc on our BB, i had a look at RMM and traded the s&$€ out of it- :)
I just added another 25k @ 12.999p.
I did the same SGF, although my fat thumb pressed the 'confirm order button' - so added 25000 shares @13.1p. It was 12.9p this morning but i didnt have my coffee yet then.