Member Info for Divermike

Beynon, Oil is vital for Kaz even though they are a huge exporter of Uranium, their traditional heavy industry has suffered a big decline, petroleum oils/crude and gasses make up nearly 65% of Kaz trade with the world, our brilliant little company is doing its bit, we suffering a little blip at the moment but give it a couple of months things will look a whole lot different, from these levels its a 4 bag just to get back up to 10p , big money to be made here IMO

Errrrr you asked !!!

CC !!!!!!!!!!!!!!!!!!! you were meant to tell me about GDR yesterday !!!! not today 8-))

Well if no one had sold for the past 7 years, we would be around FKs place attending the £10 party 8-)) .... I know what you mean Quaytec ...... a big background seller

Thanks mate, looks like the UK is going on full lockdown soon (No travel whatsoever) just driven back through Wales, road blocks !!! car parks closed, all shops 1 person in 1 person out, every single item restricted to 1 per person, over in England its crazy, its like nothing is happening except for shops selling out of provisions and I had an awful shock when I went into our local shop ........... it had sold out of wine 8-(( ....tragedy !!

"some energy experts are convinced that current reserves are substantially lower than those officially claimed by Saudis and that the depletion rate is substantially faster."[12] According to a former senior executive of the state-run Aramco oil company Sadad Ibrahim Al Husseini the country's real oil reserves are 40% lower than the official estimate of 716 billion barrels of oil

There is something not right about Saudis reported oil reserves, Goggle it yourself

Saudi oil reserves overstated

The scepticism deepened when one considered that Saudi's reserves in 1990 were 260 billion barrels, and today — nearly 30 years later — they are reportedly 266 billion barrels. Meanwhile, Saudi Arabia produced over 100 billion barrels between 1990 and 2017.14 Feb 2019

The market likes the RNS so far into auction at 10.23p

A 33 bagger sounds brilliant to me 8-))

Very sensible of the BOD not to take wages, oil still being sold at the same price

Item 2 !! ha ha, nice one 8-))

Adrianz, I have read and respect your posts and credit you with a certain amount of intelligence, however the general public are starting to realise the devastation "Going green" is causing, Im not on about recycling (Which everyone should have doing for years) Im on about electric transport, have you actually goggled "Open cast Cobalt mine" look at the thousand of acres of prime jungle and rain forest and many many thousands of miles of prime river totally destroyed by Cobalt run off, why? to produce Lithium for car batteries, that's some thing Greta doesn't tell you, then where does the electric come from to charge your car? The Raw fuel-Power generation-Final usage is incredibly inefficient here are some facts ...The Energy Supply Chain

Much of the energy content of the available energy sources is wasted by inefficiencies the energy conversion and distribution processes. Considering domestic electric lighting as a typical example, less than 1% of the energy consumed to provide the electricity is ultimately converted into light energy. The other 99% is wasted in the supply chain. Using conventional fossil fuelled generating plant, losses accumulate as follows:
##10% of the energy content of the fuel is lost in combustion and only 90% of the calorific content is transferred to the steam.
##The steam turbine efficiency in converting the energy content of the steam into mechanical energy is limited to about 40%. (Carnot's Efficiency Law)
##The rotary electrical generator is very efficient by comparison.The conversion efficiency of a large machine can be as high as 98% or 99%.
##Transmission of the electrical energy over the distribution grid between the power station and the consumer results in a distribution loss of 10% mainly due to the resistance of the electrical cables.
##Further energy is lost due to the energy conversion efficiency of the end user's appliance. Incandescent lighting is particularly inefficient converting only 2% of the electrical energy into light

Some of the most inefficient ways to supply power stations are as follows
Biomass 35%
Wind turbine 35%
Municipal waste 25%
Solar Thermal 20%
Solar PV 15%
Geothermal 15%

All facts DYOR .............. Buy an electric car and kill the world quicker

I don't know what parameters there are for a total suspension, you have to drop over 40% just to get on the top 10 fallers board now

Looks like 2.65p is back on to buy, someone just dropped a million on the market

At last the news is getting out, we are producing oil, not in debt and in a position to buy assets

CC ..... high 2s . I will be selling everything to buy at that price, Rangey, boat, children, kidney it would all be going on Ebay 8-))

Ahhhhhhhh now that is the big advantage we have, a local name and face on the ground in Kaz, not some huge, faceless multinational company

They would have to virtually give it away with all those caveats attached

Hmmmmmm at what cost to us, that's all that matters,

? whos taking the "P" ..... CASP