Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My condolences, taximan
Mac
Relax. It is barely the middle of the week.
There’s still 4 days before the week has ended.
ASX is closed for a long weekend but no reason why they can’t release results on Sunday evening.
Keep the faith
HSG
Probabiliter Martis
Just for clarity, this is the picture that sparked the “There’s no Flare” discussion:
https://x.com/geodesrock49/status/1770631369539907867?s=46
So, because a visible flare on a rig mandated by law to limit the amount of time flaring should be allowed was not visible at the exact moment that a set of small, grainy low-resolution photographs were taken from a camera travelling at 30,000 kph (100 times faster than the bullet train)…there couldn’t possibly be any oil in the ground 🤣🤣🤣
"Alaska has billions of barrels of oil and trillions of feet of natural gas and we produce it cleaner than virtually any other place on the planet," Alaska's Republican Gov. Mike Dunleavy said.
He says it is clean because producers do not flare their gas, which is the process of burning the natural gas associated with oil extraction, which leads to more pollution. Instead, they pump it back into the ground.
According to the Department of Energy, the Alaska Oil and Gas Conservation Act prohibits waste of oil and natural gas and only allows gas flaring for emergency purposes.
According to the Energy Information Administration, operators in Alaska “reinject about 90% of the state's natural gas withdrawals — most of it from oil production — into oil reservoirs to help maintain crude oil production rates.”
Https://fox11online.com/news/nation-world/fact-check-team-is-american-oil-cleaner
Something wrong with my posts: second half missing (twice)!
“…there are no restricted flare rigs, the flare is a safety critical system, what is required is event notification if unplanned or unpermitted flaring occurs…”
The flare is for the burn- off of waste gas and for safety.
The regulation states that waste gas should be restricted (in normal operations) to
“…there are no restricted flare rigs, the flare is a safety critical system, what is required is event notification if unplanned or unpermitted flaring occurs…”
The flare is for the burn- off of waste gas and for safety.
The regulation states that waste gas should be restricted (in normal operations) to
With respect, Olderwiser
I don’t think people think it’s illegal to flare during permitted testing.
However, the Nordic Callista rigs are not just designed for short term flow tests. They are designed for all kinds of drilling operations within Alaska and as such need to be able to comply with the strict Alaskan regulations during all operations.
They don’t use different rigs with obvious continuous flares just for the tests and then have restricted flare rigs for other operations.
Australia is up 20% tonight
HSG
So pleased I bought today at 0.26
Just took the opportunity to top up this morning
GLA
HSG
As they said in the Pantheon video, this process almost always takes 2 years. PANR were fast doing it in 1.
Everyone is hypothesising about what might go wrong. As far as I can tell everything is going exactly according to plan.
The thing that gives me a warm feeling inside is that this time they aren’t trying to impress us: they are just getting on with the job.
HSG
I don’t normally filter people as I like to get a balanced perspective…but this time I will make an exception
Rude? There’s only one person in this conversation who is rude, Scot126. I have done plenty of research thank you over a number of years and have invested my hard-earned money in a project I believe in. How dare you criticise my personal choices and my personal investment!
You know the old adage “Empty vessels make most noise”
Well, you are making an awful lot of noise, sir.
The reason you are on your soapbox on this board is that nobody likes you at PANR because you write a great number of words, saying precious little, in repetition ad infinitum and your self-professed wisdom has lost a lot of people over there a lot of money. So please, don’t lecture me on ‘taking a punt’ you obnoxious man.
For everyone else here who are genuinely invested, GLTA
HSG
I could (sort of) understand people coming from a competitor to deramp but not from a company we are collaborating with
2+
88e has hit oil more than once, Bridge Dog
But until now, it has not been commercially viable to pull it from the ground.
When they discovered oil last year, everyone knew that this was a good investment. They also knew that nothing was going to happen until the flow testing around March this year. So a large percentage of investors took their money to use elsewhere for the interim and are now buying back in. It was always the plan.
GL