Member Info for Jarv55

We know the DFS has added value we just don't know how much. The Definitive Feasibility Study ('DFS') at Monchetundra was approved by the authorities in late June 2023. This allows Eurasia to present this development and the resulting improvement in value to potential purchasers.

We know new Nda's have been signed in June is that to buy the concentrate or one of the assets or provide services?

We have concentrated on this effort since 2020 and can report that we continue to make progress. Our focus on BRICS non-sanctioned counterparties continues, with several parties currently at various stages of their due diligence.

it is expected that any counterparties to the proposed asset sale may have their own plans for the development of Monchetundra and can either proceed with the EPCF contract signed with Sinosteel, or with a different contractor.

Maybe I haven't made that clear what if the product is part of the sale deal?

I am sure we have all been thinking why they haven't sold it, I thought it was due to sanctions which of cause maybe a factor but what if the three interested parties in the product are the buyers as well? What if it is a consortium of buyers would also make sense why its taking so long.

Our key focus at West Kytlim has been on the sale of 2022 concentrate, which is currently held in inventory, with no restrictions related to its sale as a precious metals bearing high grade concentrate. The Board expects the concentrates to be sold at carrying value and we are currently evaluating offers from three parties who responded to the tender process.

Not my find by the way it was posted on telegram by Glenn but think it could be very good for Eua.

Makes sense why they are only digging it up not washing it if they change they lower the tax.

Strange price action on Pet

Australia only have them selves to blame if the Chinese step in. When the JV was completed TL should of had a time frame that needed to be adhered to. Woodside have taken so long they haven't even down the concept study yet. Get the Chinese in get it fast tracked.

I think they mean they will have all the planning in place for a drill by end of 2023 not that they will drill. Rig sourced etc and funding partners. All we need are the names to light the share price.

The increase in shareholding outlined in this form has been driven by the all-share combination of Rathbones Group Plc with Investec Wealth & Investment Limited which completed on 21st September 2023.

Https://russiasnews.com/the-ministry-of-finance-is-preparing-tax-breaks-for-the-production-of-gold-platinum-concentrate/

Our ongoing discussions with potential funding partners provide additional affirmation that the technical case is robust and there is alignment on the requirement for drilling an appraisal well on Chuditch, followed by additional exploration activities to delineate the total on block gas resources for this LNG scale project.

That to me says the government want this done wonder if the Chinese will step in. https://www.afr.com/policy/foreign-affairs/dili-s-china-deal-gives-two-fingers-to-canberra-20230925-p5e7eb

Do the sellers understand how big this is lol

Technical activities during 2023 have been focused on further detailed interrogation of our data, to identify optimal candidate locations for Chuditch appraisal drilling, including additional geophysical work and environmental impact studies. Based on these studies, we have selected a preferred appraisal drilling location, which is approximately 4.8km from the Chuditch-1 discovery well. This represents a substantial step-out, illustrating the size of the field and our confidence in the reprocessed seismic datasets. This location is now being input into the detailed well planning programme. In anticipation of the proposed drilling of an appraisal well, the Company is in discussions with various contractors and is actively assessing the availability of suitable rigs, equipment and personnel.

Don't be fooled by the mm sell off first thing like taking candy off a baby, this is a bargain down here, the fact they are sourcing the rig means it is game on.

Decent rns good to see low cash burn and advancing talks with JV funding partners for Chuditch.

Wonder if the Chinese would be interested in Chuditch. I expect RH Petrogas has a few Chinese contacts. They bought out Orchard on the cheap for an asset but it was relinquished after a survey, but some good connections nether the less.

Orchard was set up to go into the business of upstream oil and gas exploration, development and production. Orchard thus joined a bunch of state-owned oil exploration companies such as Japan Petroleum Exploration Co, Korea National Oil Corp, China National Offshore Oil Corp, India's Oil and Natural Gas Corp, Malaysia's Petronasl Thailand's PTT Exploration and Production and Indonesia's Pertamina.

Wonder how many students will be employed by Baron.

I hope they do get some help from China at least they know how to get things done. Woodside just seem to be dragging their feet, they know TL are on the clock here so maybe its a tactic to get them to pipe to Darwin.

They should just get on with Chuditch so they at least have some income. Interims due soon so hopefully we get an update as to what has been happening with our assets.

Robbie lost a lot of money on Iog so he won't be coming back in here heavily.

Paplo any idea how much a floating flng would cost?

At full load, the Prelude FLNG displaces 600,000t of water and although the cost of the vessel remains undisclosed, industry analysts told Reuters its price tag was around $10.8bn to $12.6bn in total.