Member Info for GHOST61

FYI

https://gcaptain.com/transocean-adds-745-million-to-contract-backlog/

Hope TRP rig contract is not in a similar backlog.

ATB

FYI

https://gcaptain.com/amazon-drought-stalls-shipping/

Last week was holiday - National Day & Golden Week in China.

From PRD Board

In a latest emailed statement, Aramco said it seeks to “become a leading global LNG player”, as it sees growing demand for the fuel.

“We see indications that the LNG market is positioned for structural, long-term growth,” Bloomberg quoted Aramco’s Upstream President Nasir Al-Naimi as saying. The official confirmed plans to diversify Aramco’s business and tap into demand for gas and cleaner energy options.

Global LNG trade doubled in value last year to more than $450 billion, according to the International Energy Agency. The growth in LNG demand has been attributed to supply disruptions caused by the Russia-Ukraine conflict.

The oil giant has allocated a huge spending outlay of $45 billion to $55 billion this year, as it looks to expand its investments.

I suppose due to IFRS9 and Oak Bloke explanation, hedged losses must be stated for whole of hedged period(s?).

Really scratching my brain.

Subscription is in advance.

He already got the £2 when he started the hedge.

So no loss for first year calc.

???

Https://masterinvestor.co.uk/commodities/mining-doldrums/

Horizonte Minerals (LSE:HZM) – which is my other miner on its way to production with, hopefully, the end of the tunnel for shareholders – has flagged the problem. (Although I also have in mind Greatland Gold’s 30% share in Newmont’s Havieron gold mine now building its mine access, where I fear investors are in for a shock when the updated feasibility study is published (late) early next year. There are many others).

From presentation. It is recalled Ngoulana was ready for DMS. Bouma(?)was being prepared for FP. AB mentioned further exploration of Bouma (Strike Length?) was "about 500m"; Not cfmd as Geos report not yet avail. Later, S. may have let slip Bouma SL was 750m, maybe 1000m. AB also mentioned that ML extensions were in 10yr blocks until resources depleted.

Mine Plan showed two feeds to DMS; thence three discharges. 1.Grit (Local use, no income value); 2.Product stock pile; 3. FINES stockpile ready for FP processing. Local road network (to be constructed) also shown. I believe slides cfmd local contractor is in place for road construction to start.

Not from presentation (imv): If Bouma results +ve then it is hoped resource upgraded; Mine Plan with roads, DMS & FP all may appear as +ves and with avail ML 10yr extensions, it is hoped LOM extended beyond 8.5yr.

SHG?

Once 90 mmcf & 2250 bopd NGL cfmd, this would reach present plant capacity.

What additional work-time-cost is reqd to reach plant design capacity 200 mmcf; And what is max NGL bopd capacity?

https://www.lse.co.uk/rns/TXP/commencement-of-cascadura-production-5p48b3qfxx1fmh6.html

Looking fwd for the SP to push up when Canada opens.

Water Street in Gas Town. Not too far from No.5 Orange :)

As I recall from one of the roasts(?) CB commented that it was shaping up to be a great October.

Any comments on this RNS?

LLL appears down 51% on ASX open.

Could be due DSO suspended; and possible additional taxes already paid/estimated due?

Spod production still on track for 24Q2.

LLL RNS x 2 & ASX Conf. Call out today/04th so shud be plenty of review & comment re: KOD

OMG. Musicman, Merc, Daz, Laverda. All same-same. Watching long time and alreay a large part of my pf. The other part being Lav 180/120/Corsa/1200 motodd since the 90s!(Yes, I have more than 1)

It may be too shallow for some fully loaded VLCC, but not car carriers or ULCC (400m container vsls).

However, with maybe 25-35 vessel transits each way (north/southbound), each day, the Suez Canal may be limited on the maximum no. of transits possible each 24hrs. Presently, some sections of the canal are still not wide enough for vessels to pass, thus single file only, meaning transits need to be planned to allow vessels to pass in the permitted areas, such as Bitter Lakes, By-Pass Channels, etc.

Www.gcaptain.com port news on USD2.1 Billion Port expansion for Offshore Oil Services