Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Andy. .. .. #PRD - I think PEEL have a large buyer
They were all over the bid yesterday and today the same
Soaking up any sellers around 13p
GRH. .. .. This might not be popular
In my personal opinion...
The Loukos onshore licence
Does contain hydrocarbons
But it's not going to amount to much
That's it
CUBE knows .. .. #PRD
Institutional buying almost certainly.
'Interesting' chats with broker/s. Thanks but no thanks 👌
Let it run.
While you're at it, get a bigger boat... 🦖
_CUbE_
Andy knows .. .. .. #PRD - Same as earlier in Jan post 12th Jan RNS...
The big money has read the extensive Friday RNSs and has turned the buying taps back on
Looking for this to hit 15/16p confluence area this week
ROB .. .. .. WHAT IF:
The GEOMETRY
Of the energetic hydrocarbon bearing
Structures at Guercif
ON shore
Were much greater than those at Anchois
OFF shore
#PRD
Keith. .. .. .. The geometry of a cone is interesting. Suppose you have a 1500m high cone, pointy end up. Measure the area of the base. Then extend the height of the cone by 200m, the base area increases a lot more than you might expect. In the case of MOU-NE, from 125 km² to 177 km².
GRH. .. .. .. Posted re many things
Including:
🌟Pangea
🌟Messinian Salinity Event
🌟Deposition
🌟Up-liftings
🌟Geology
🌟Lithology
🌟Carrier Beds
🌟Connectivity
🌟Technology
🌟Financials
🌟Geometry
Folk might very soon want to FOCUS anew on
🔥GEOMETRY
#PRD
Wackmeister .. .. .. Just one question.
Why include so much info on legacy wells
Msd1 & Grf1 & Taf-1x in the newly released ITR for the Guercif basin when the team have more than enough to pursue on current projects.
Is ROB correct
Cove ++
@PredatorOilGas
GRH. .. .. Having now studied the ITR again overnight
It is clear
➡️➡️➡️IMHO ⬅️⬅️⬅️
Why it is an ITR and not a CPR
ROB's only question
Relates to WHO wanted such Report
Such things are not always obvious.
In ROB's humble opinion
#PRD
Has COVE ++ written all over it
GRH. .. .. Folk might wish to research
All that had been posted on LSE
By 'Caterham 7 '
ROB has no intention of spilling the beans
Re C7's identity
Suffice to say:
He is NON TRIVIAL
In terms of levels of technical skills
And hands on experience
In this field. As ROB has said before :
Among MANY other aspects
Do NOT take your eye off MOU2
#PRD
GRH. .. .. . Investors
Be they private and/or corporate
Are INCREDIBLY UNLIKELY
To have ever had the opportunity
To study SUCH an extensive
And high quality Report
Re ANY asset
Of ANY other quoted company
'Humbling' is not a common word nowadays
THIS is truly HUMBLING💯
# PRD
GRH. .. . . .. Never seen one like this💯
TT...
Kicking off
Guercif...
Looks even bigger
Testing starts Monday
Numbers relate only to VERY specific areas and horizons
Ireland coming up fast
I have to go out today...
Hope to do more commentary later
#PRD
GRH. .. .. There have been many
Small quoted companies
Whose managements
Have excelled at
Polishing turds
To a mirror finish
To their own advantage
And at great cost to naive PIs
ROB has counselled against many such
But PIs do what they do
ROB is merely a Random Old Boy👓
Keith’s view. .. .. I'm sure they did, otherwise they wouldn't be able to give a firm date and duration. By mid-Feb I'm looking for 🦖Volumes and reservoir connectivity from ITR.🦖Commercial flow rates from Phase 1. 🦖 An initial GSA with indications of financing.🦖 Start of Phase 2 testing. 🦕T&T.
GRH. .. .. There are several groups of stakeholders
Whose interests
Will not align
With those of short term share traders
#PRD
GRH. .. .. What if ...
Management flew to Morocco
To kick off the testing program
Last year
😇
#PRD
GRH. .. .. It is now evident
That folk other than PIs
Are accumulating shares
#PRD
😇
ROB. .. .. Rob considers it unlikely
That Anchois will generate significant gas sales revenue
Until 2029
Yes...5 years from now. Re production ( & TO) value of Guercif
Folk might want to consider
The even further reduced costs
Of drilling more production wells
Into the SHALLOW horizons
The lower zones are superb
But fast generation of income ...high NPV
could come from those shallows
#PRD
GRH. .. .. .. 🌟RE 2012 sale of COVE
🌟Still cited as a good deal
🌟ROB remembers it well
🌟Like it was yesterday👍
🌟£2.40 per share
🌟They only had 8.5% of Rovuma 1 block
🌟Huge OFFSHORE / development costs
🌟More than DOUBLED the costs for the buyer
➡️➡️➡️#PRD ⬅️⬅️⬅️
GRH. .. .. .. ROB posted ages ago that
#PRD would develop first mover advantage ...FMA...
Re volume gas in Morocco
ROB was WRONG 💯
It is not FMA
It is now OMA...IMHO
As in ONLY Mover Advantage