Member Info for dprussky

https://oilprice.com/Latest-Energy-News/World-News/Chinese-Firm-To-Invest-2B-In-Oil-Refinery-In-Iran.html Ok Chevron refinery in SA did not work now moving to IRAN where western companies will have problems. At this point I think Chinese are desperate to secure assets and I will not be surprised if POQ is already sitting on the offer.

any good news on the horizon to get some buying going?

http://m.miningweekly.com/article/santos-spurns-harbour-offer-says-own-strategy-offers-more-value-2018-05-23 Looks like Santos rejected Harbour offer.

Low or High estimates are nothing more but speculations. There is not enough data to make accurate analysis. Need to start exploring.

It is looking like that western firms are buying various oil and gas assets all over the world by undermining Chinese companies. Lets see if we get another one in the few weeks

Australia's Santos gets final sweetened $10.8 billion bid from Harbour Energy http://www.reuters.com/article/us-santos-m-a-harbour/australias-santos-gets-final-sweetened-10-8-billion-bid-from-harbour-energy-idUSKCN1IM00E U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia's Santos Ltd on Monday, hiking its bid for a fifth time in nine months after a steep rise in oil prices and potentially deterring any rival bids.

Minister for Primary Industry and Resources, Ken Vowles, is today travelling to the USA as part of a government delegation to learn from the world experts in shale gas production. Mr Vowles said the USA is the centre of the world’s shale gas industry and the home of most of the sector’s exploration, production and technical innovation. “We promised an independent scientific inquiry into hydraulic fracturing, and that inquiry showed that if all its 135 recommendations are implemented, the risk from hydraulic fracturing can be reduced to an acceptable level,” Mr Vowles said. “We have accepted all 135 recommendations, which means no hydraulic fracturing will take place until strict new laws and regulations are in place. “Governments in the US states of Pennsylvania and Texas have significant regulatory experience when it comes to the exploration, development and production of unconventional gas resources. “We will gain insight into the world’s best practice, and visit some of the most well-regulated sites in the industry. “The emphasis will be on observing and learning from their experience in implementing regulatoryok measures to ensure that in the Territory the industry meets the highest standards of environmental protection.” Mr Vowles will return home via China to join Minister for Tourism and Culture, Lauren Moss, in promoting the new Donghai Airlines direct flights from Shenzhen to Darwin.

it will also create few brand spanking new millionaires :) and that is why I am excited. Lets start exploring!

They lost some of my attention at Lenin reference, but overall looks good for us and there are some delivery dates. http://allafrica.com/stories/201805170518.html

For some reason events described in the article feel important and my gut tells me it is important.... but my brain is not getting it. https://outline.com/vKg9Dx

Will see if they disappoint us again http://ewn.co.za/2018/05/15/mantashe-hopes-mining-charter-ready-to-be-published-soon

I do not believe anything will happen SA. Current land grab proposals will detour any legit investment.

Only thing you can really say conditions are right for oil, but they have to drill to find out.

Comparisons to US shale plays are very encouraging. (My impression of POQ) https://www.wattelectricalnews.com/NEWS/Resources-Minister-Matt-Canavan-says-NT-gas-may-match-best-of-US-shale/44303

John there is not any rules how many % you put here and there. I am sure money advisors tell you "never put more then 10% into single stock" as far as I concern it is all BS! :-) I follow that rule from Buffet maybe it was somebody else but it make a lot of sense. "diversification is protection against ignorance. It makes little sense if you know what you are doing." I do not believe you need to be real expert but you need to be listening TRUSTED experts and understand the risks, Davy and RBC have been good in highlighting those. As for the holdings it is probably about 45% of my holdings and it is only stock that I actively manage other 55% is managed by somebody else. Also keep in mind that 45% of my holdings have been accumulated over long period of time through some selling and buying so $$ risk is actually very low ( at this point I got out about the same out of this stock of what was put in) Good luck! FOMO is your enemy I bet that is what happened with Xcitte

Here is very lengthy document that talks about geological formation and their unconventional potential that maybe good for someone with Geological Credentials, but what I noticed that Amungee well is not mentioned in the paper, so we can really be surprised tonight/tomorrow. https://geoscience.nt.gov.au/gemis/ntgsjspui/bitstream/1/85134/1/NTGSRec2017-002.pdf

Slide 5 is interesting as it shows who is doing exploration.

Boss came home and told me to buy..... so I moved the price up in US. you're welcome

It went above my buy price limit. Price going up and I do not like it :)

Their segment is not very long maybe 20 minutes or so. I would really like to see how many people are in the room and how many people making calls after presentation.