Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Getting very near to the 12.75p price paid in 2017, still a long-term hold in the future for me, but maybe not for another five years :-)
After digging this one out of the bottom drawer on Friday the 12.75p equivalent I paid in 2017 is no longer a pie in the sky figure, as it was 18 months ago, hopefully the price keeps moving up in the same manner for the foreseeable future.
Been in this one since Jan 2017 maybe I can remove this share from the bottom drawer and show some interest in the share again :-)
I would not recommend to join any whats app group run by this man Steve Cosh, he is an absolute narcissist who deramps at every opportunity and removes anyone from the group that does not agree with his thoughts, it is very likely that he does not even own any shares in TERN and gets a wee buzz off of upsetting people.
An absolute tool I would rather Jimmy Saville look after the kids than have this idiot in a Whatsapp group..... has proven history if in doubt ask about his ODX WhatsApp group.
Borr Drilling Limited (NYSE and OSE: BORR) reported Wednesday that a set of new agreements for three of its jack-up rigs could add US$48 million over approximately 590 days to the company’s backlog.
The drilling contractor stated that it has received a letter of intent (LOI) from an undisclosed new operator in Nigeria for its Natt rig. The LOI calls for an estimated 150-day duration beginning in April 2021, directly continuing the rig’s previous contract, Borr stated.
I wonder if the new operator is us?
This share is going north today, how far North I am unsure I would be happy with another 10-15% day on this amazingly positive news.
"A group of experienced scientists has issued a statement supporting the use of lateral flow tests in the battle against Covid… The rapid devices have identified 27,000 infected people who would not otherwise have had to self-isolate."
#ODX
The Good Law Project alleges the decisions to award the contracts to the British company were illegally influenced by nationalism. The government also stood to profit from the deal, thanks to a financial arrangement giving it a share in the profits of the antibody test if it was sold commercially, according to the claim.
The government cited the pandemic as the reason why it needed to issue a contract for an antibody test without tender.
“There’s a perfectly sensible debate to be had about whether or not government should be trying to pick winners – whether government should be wanting to buy British. There are plainly pros and cons. But we should be having that debate in public,” said Jolyon Maugham, the founder of the Good Law Project.
He says the government has changed its tune as to the reasons why it is buying the antibody test.
The government has refused to give an undertaking not to award any further public contracts to Abingdon Health pending the outcome of the case and will not explain its reasons, say the lawyers.
Abingdon Health said it had no comment.
The DHSC said it could not comment on ongoing legal proceedings.
The government was operating an illegal “buy British” policy when it signed contracts with a small UK firm to supply Covid antibody tests, claim lawyers who have filed a case against the health secretary.
The Good Law Project said there were a number of other companies in a better position to supply antibody tests in June and August, when the Department of Health and Social Care (DHSC) agreed deals worth up to £80m with Abingdon Health without going out to tender.
The government had also agreed a deal to share in the profits the company made, the lawyers say.
The government was determined to get a British test, following the fiasco of the purchase by the health secretary, Matt Han****, of 3.5m Chinese antibody tests in March with orders for a further 17.5m.
Public Health England concluded in April that the Chinese tests were not good enough. Abingdon Health was then invited to develop a test, as part of a UK consortium of small companies and Oxford University.
The original intention was to allow people to find out whether they had antibodies to coronavirus in their blood, which might make them immune to the virus, say the lawyers. They could then “be released from legal restrictions generally applicable to the population as a result of the Covid-19 pandemic (a policy that has been referred to as ‘immunity passports’)”, says the claim.
Part of the government’s testing strategy published in spring was: “Mass antibody testing to help determine if people have immunity to coronavirus.”
The tests were not accurate or reliable enough for that, say the lawyers. Abingdon Health claimed in the summer that its finger-prick antibody test was 99% accurate. But last month, a Public Health England (PHE) evaluation of the tests was published in a peer-reviewed medical journal showing real-world accuracy of less than 85%.
By that time, the DHSC had switched its official line on antibody tests, the lawyers say. When the October contract to buy 1m tests was announced, the department stated: “The British-made antibody testing kits will support nationwide surveillance studies to track the spread of Covid-19 in the population.”
Commenting on the publication of the PHE evaluation in November, the DHSC said: “They were never intended for, and have never been issued for, widespread public use.”
Stian Westlake, the chief executive of the Royal Statistical Society, said the test would have limited use even for surveillance purposes. “The government proposes using the test for surveillance, which requires knowledge of how well the test does identify individuals with previous infection,” he said.
“PHE … evaluated the test for this purpose, and has shown that it missed more cases and gave more false positive results than the company states. This means it is likely to be less effective for the surveillance purposes that have been proposed.”
The Good Law Project alleges the decisions to award the contracts to the British company were
https://www.theguardian.com/world/2020/dec/22/government-buy-british-policy-covid-contracts-matt-han****
CoMan I was indeed part of the team on the GSF Explorer for the SAGERI Project.
UDW drillship Stena IceMAX (7,500') has begun sea trials in advance of its departure from Las Palmas in the Canary Islands. The rig should head out shortly for the Bahamas, where it has a one-well contract with Bahamas Petroleum that is slated to begin in mid-December. The rig will drill the Perseverance-1 exploration well in around 17,00ft of water. Drilling is expected to take around 50 days into early February 2021.
Taken from Offshore Rig Review 23rd Nov 2020.
Once it begins it shall not end until we are all rich!