Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
And all of us long term investors prosperity and good luck and fortune! Bahamas we areon our way!
There she goes!!! 6 KNOTS AND INTO THE ATLANTIC!
Until we leave the port! No turning back! Lets get that OIL!
GLA
We will be in the Atlantic on our way to Perseverance 1
Just checked RW still moored!
She is officially moving. 2 days ahead of schedule. Maybe to catch RW off guard!
I have been looking on my second screen all day! Made a cuppa and 2 tugs are there!
HAHAHAH! Come on John. Look at the right ship! They are ready just waiting for the ship.
Tugs are ready. Get excited folks!
The tugs are defineltey in place:
VB Mediterraneeo
VB Alboran
Both in place and waiting next to STENA icemax
https://www.marinetraffic.com/en/ais/home/centerx:-15.407/centery:28.140/zoom:15
Early departure?
Thats a little concerning!
Remember it well and yes managed to get in for pennies and KNOC took the company over for a few £
This is so undervalued. Simply a strong buy!
I need 2.75p. I am being greedy. Drop the price MMs. Throwing the kitchen sink in from profit made over last 8 months.
Really starting to move to full speed!
There she blows!
Sharecast News) - Bahamas Petroleum Company (BPC) updated the market on preparations for Perseverance 1 ahead on drilling on Tuesday.
The AIM-traded firm said Perseverance 1 was on track to spud before the end of 2020, at 100% equity to BPC, with drilling of the potential basin-opening well expected to take between 45 and 60 days, with 'tight-hole' procedures in place.
It said it was targeting recoverable prospective resources of 0.7 billion barrels of oil, with an upside of 1.44 billion barrels, solely for the northern portion of the B structure.
In the event of success, Perseverance 1 would "substantially de-risk" the total B structure, which extended for between 70 and 80 kilometres, had a mapped areal closure of more than 400 square kilometres, and had a 'best estimate' aggregate recoverable resource potential of more than two billion barrels.
The Stena IceMAX drill ships had completed all necessary vessel and equipment inspections, and was scheduled to leave dock in the Canary Islands before the end of November, heading to location in preparation to drill the well
5.19% up now and the ship is heading to the first well. 8 years of waiting!