Member Info for elir71

Though I can't remember the source of information, I think the revenue will be a percentage of the uplift. I. E unit of msar - unit of heavy oil

Drilling cheap relatively cheap holes means you can spend money more effectively on relatively expensive big holes. If there's a workable deposit at the end of a cricket crease long adit, then it totally vindicates their methods.

Prices negotiated for trial adit driving, and a fraction of the volumes that scotgold needed.

Very happy with today's rns and podcast

ah ok, tried to PM you. easy enough to find me on fb or gmail

isnt HH pumping oil again as of yesterday ?

The dewatering permit has not been refused. Correspondence is in the public domain on nrw website. NRW are taking their time though

The bod are obliged to report such matters as new prospects. I realise that our focus is on ipo and dewatering, but there's no negatives in today's rns., only positives. There's no one more peeved than me with nrw lack of alacrity and transparency, and I've made a complaint to them some weeks ago.

Golds still there...
Mms will play games
Easy easy... No rush

@stephen late September

Flew in to tfs this morning with Jet2. Really well organised, good capacity running. Well done Jet2!

@stephen11 all on track, it's still mid September. Go try buy some greenroc shares.. You'll see they're hard to come by!

Advantage is that the Greenland assets market value will be judged by the market stand alone, and there's 5m more in the kitty to progress them

NO doubt 100% debt finance, given a 3 year payback (inc the construction period) would be the shareholders choice, however most lenders wont go for that.

From the most informative recent director's video presentation, it is clear they seek different sorts of finance probably from different sources.

This is where a clear roadmap of the activities and their interdependencies would be a good idea and kept updated and in the public domain. Each actitivty shoudl have an estimated / actual time and estimated / actual cost.

What is frustrating is the time its taking NRW to process the permit. It's not exactly the Manhattan project is it ?

I didn't realise scotline were trialing new fuels. Carisbrooke will be doing a new build programme for their coasters shortly.

10 days minimum, though I'm not sure if that's 10 trading days

Hmmm I doubt you're correct there. When they mean 10% of the site they mean a 10% interest in it, not like chopping up a fruitcake.

I can't imagine any objection to setting up the plant there

You're a farmer and have a fine set of scythes. Combine harvesters get invented. Do you stick with the scythes?

I posted some calcs for valuing tbs just a few days ago based on previous figures

First equity Research note did something similar prior to that

I'll repeat the exercise when we have results

According to qfi testing should take 3 weeks. They are up. The results will almost certainly be with tomco.

As it's market sensitive information it should be released as soon as. Whereas Tom aren't obliged to release this information, they'll be held liable if information leaks out and parties are shown to act on privileged information.

There is nothing inconsistent with what "fishface" has stated with my own "unannounced visits to make observations from public rights of way". I really dont think that shooting the messenger is the way forward