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Hi all. I rarely post any ware but do read boards I am invested in. Just read the reply on market related posts and clocked the reference to twitter comes. Would someone be kind enough to post the twitter tag for prem please. It would be appreciated thanks djf.
I agree with this thread so bought more shares today hitting my target of 1m. So I am pleased. In regards to the issues around getting results back I picked up some frustration in the rns by prem. does anyone know where the material for testing is sent ? Or is it done on site and verified by an independent?
I have just Enjoyed reading about new technology in car batteries. Just pop the above into your browser. Lots of the car industry such as Ford, Volkswagen and others have been looking at a different type of Lithium battery that use a solid separator other than the liquid separator
That Tesla use. This new battery has a hard separator, is said to make charging very quick, the range between charges a whopping 1000 miles and is much cheaper to manufacture and is lighter in weight. What’s not to like. It’s possible this technology will make cars much cheaper to buy. Imo, Lithium stocks are maybe the new gold. Where does that leave PREM next year. I just wish I could afford more right now.
I think I understand this rns. I.e. The company is saying the tubing was not big enough to clear the fluid to successfully give a difinitive flow rate. So bigger tube to be installed. So more patience needed.
In my mind then I am not sure if I have this right or not. Anyone have clarification please.
Top up due today I think. Price of graphite due to rise with production of ev batteries being upped.
Graphite Market Outlook
The global graphite market is anticipated to surge at a CAGR of 8.5% over the period of 2021 to 2031, due to high investments in the development of newer technologies to support EV manufacturing, and graphite is a vital cathode material that is used in EV batteries.
Overall, the market is slated to expand 2.3X over the next ten years, thereby offering immense opportunities to market participants.
Our 0.86p/sh Discovered Resources NAV includes only 0.1p/sh (US$14m) for W Newton We incorporate a risked US$14m (post tax), or 0.1p/sh, in our 0.86p/sh Discovered Resource NAV for West Newton. The UK North Sea Victory gas project, for which an offer has been received (price not yet disclosed) underpins our 0.65p/sh Discovered Resource NAV. The bottom of our 0.71-0.76p/sh valuation range incorporates no value for West Newton and the gas development plans appear to offer significant upside potential. The successful drilling and testing of a single horizontal well in H1 2023 would be a significant step forwards in de-risking the potential of the project.
From pnb parabas
May 2022
SASANOF-1 WELL OPERATIONAL UPDATE: SASANOF-1 HAS COMMENCED DRILLING
Prominence Energy is pleased to announce that Western Gas (“WGC”) has advised the following operational updates on the drilling of the Sasanof-1 exploration well.
Highlights
? Drilling of Sasanof-1 well has now commenced.
? The well was spudded with the jetting of the 36” conductor at a water depth 1068.3m (below mean sea level “BMSL”).
? Drilling is now underway on the 17-1/2” intermediate hole section to a depth of 2030m (BMSL), 13-3/8” casing will then be run and cemented.
? This will be followed by the drilling the 12-1/4” hole section through the target reservoir section to a total depth of 2500m (BMSL).
? The company anticipates drilling through the target reservoir section will occur between 2 and 5 June 2022.
Further updates will be provided upon the completion of campaign milestones
Thanks, hfb. I scoured the rns news, also company website but couldn’t work out the reference to Kingsbury. I’m also in RBD who are monetising some of their assets.. To be concluded this week,. Like this share quite quick from initail rns of intention, to completion this week. Due to global issues, Oil and gas seem to be the new gold. So GLA.
Excuse the question. New to this share. Why would Kingsbury sell now. Defies logic to me. Left alone the share would have slowly increased this week. Next week there could be a flare being rns’d. is there a date on them selling?
New to this share. Bought in recently but very glad I have. I expect some ups and downs. Good days and days of disappointment as the share goes up and down but I am hopeful this will slowly rise until production arrives. I got in with more today and have had to sell other shares to do so. But please don’t take this post as a ramp, deramp or other as I have made some good decisions in the past but also made other really poor one’s. So hi to all and GL to all.
Out. Valaris MS-1 rig has started mobilisation activities for departure to the Sasanof Prospect 200km away on the North West Shelf.
· Secondary anchors securing the rig at Dampier outer harbour, Western Australia, have been pulled, and the rig is secured to the GO Spica support vessel bridle for the tow to the Sasanof-1 exploration well location.
· Primary anchors will then be recovered by the Far Senator, and the tow commenced. Transit time is expected to be approximately four days, weather dependent.