Member Info for Jarv55

Pattison yea I know that but wondered if we can use that pipe.

Shell had a lot of technical issues with Prelude not sure A flng is the way to go. TL need to get the Chinese to take Woodside percentage they would have this done and dusted in 6 months. Woodside are soooo slow.

Is this not their any more Pattison? The second phase of Bayu-Undan’s development, the gas phase, began production in February 2006, and cost $1.5bn. This involved the extraction of lean gas from the reservoir and transportation to Darwin, on Australia’s northern coast, via a 500km, 26in pipeline, where it is liquefied at a single-train processing plant at Wickham Point, then shipped as LNG to customers Tokyo Electric Power Company and Tokyo Gas in Japan.

Filthy the cheapest option would be to pipe to Darwin, then use that cash to build the pipe to Sunrise.

Mattle Clon have worked with the Bolivian authorities not sure if that means the government itself. Jan funding rns.

Clontarf Energy plc has advanced its discussions with the Bolivian and Ghanaian authorities in recent weeks, per the below update:

· The Company's September 2022 auger campaign on six priority medium-sized salt-lakes in Bolivia yielded lithium grades in all samples taken. Its recent near-surface sampling from auger samples included results of 1,420 mg/l at one target salt-lake, and 1,010 mg/l at another. The overall grade averaged 211 mg/l. Future drilling will identify the priority brine zones to be tapped, subject to all necessary permitting and applicable laws, and funding.

· Anticipated global market demand will be at least twice current global supplies, with tighter purity targets for the lithium-ion battery industries. The best way to deliver these volumes and qualities are via direct lithium extraction ("DLE") technologies, now under development by various companies.

· At the request of the Bolivian authorities in 2021, Clontarf Energy plc has sought out market leading technologies capable of delivering high purity lithium salts, with minimum deleterious impurities. After an exhaustive search, we are optimistic that one such ionic separation technology may provide a breakthrough in volume processing of the large-scale brines available in Bolivian salt-lakes. Accordingly, Clontarf Energy plc is finalising a Heads of Agreement with a potential DLE processing partner on establishing a Joint Venture to exploit all available brines in Bolivia, subject to, inter alia, necessary government approvals.

· If laboratory test-work and DLE processing succeeds, the Company plans, in partnership with its potential the DLE processing partner, for production of lithium from brines using one or more sources.

· This work followed an augering campaign, and encouraging chemical analysis on the areas of the targeted salt-lakes of highest priority.

Interesting Clon changed their tweet nomad a bit miffed I expect.

https://x.com/ClontarfEnergy/status/1704128740169765120?s=20

Wonder how much more value the DFS added. 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. The Company does not believe it is appropriate to commence construction immediately, as 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.

Out of luck I believe in Anglo and the fact they have a strong drilling team lets see where we are by the 24th December.

Sanctions

The Board continues to maintain a regular dialogue with the Company's legal advisers regarding the potential impact of any US, UK or EU sanctions on the Company, its operations and assets. The Company remains satisfied that its current operations are not prohibited under US, UK or EU sanctions rules. Furthermore, the Group does not engage and has not engaged with any sanctioned persons, entities or agencies. The Group continues to closely monitor all regulatory requirements and changes to the laws, rules and regulations, taking steps whenever necessary to ensure compliance with new legislation.

Management changes

Following the retirement of James Nieuwenhuys as CEO, the Company has established an Operations Committee, led by Christian Schaffalitzky, which oversees the day-to-day project development activities of the Company, alongside the proposed sale process on which the full Board is engaged. Eurasia does not intend to make any further management appointments at this stage.

Litigation

The previously announced litigation case between the Company and Queeld Investments Limited and Mispare Limited, and Eurasia remains ongoing. Further developments regarding this case will be announced as appropriate. The previously announced case filed by Logik Developments Ltd was settled in July 2023.

Outlook

We recognise that, in relation to the potential asset sale, it may be a source of frustration for shareholders that we cannot report on specific counterparties, the nature of our discussions, and the ongoing processes in more detail. This reflects the regulatory regime and the many confidentiality agreements that govern this activity. However, although there can be no guarantees, all the Eurasia Board members are engaged in contributing towards a successful outcome to this process, and we look forward to providing our shareholders with further updates as appropriate.

We again thank our shareholders for their continued support.

Christian Schaffalitzky

Dear Shareholder

The first six months of 2023 saw the Company focused principally on our plan to sell our Russian assets.

Proposed sale of Russian assets

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. Although, as stated previously, there is no guarantee of a positive outcome to this activity, the Board remains focused on achieving a successful conclusion.

West Kytlim

Site preparation work was completed during the first quarter of 2023, but due to the sale process being Eurasia's main priority, no metal concentrate has been produced at West Kytlim since the end of 2022.

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.

We have started to receive value-added tax refunds (VAT) against capital expenditure in previous years, which also contributes to our cash position (see below), in addition to the proposed concentrate sale.

Monchetundra

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. The Company does not believe it is appropriate to commence construction immediately, as 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.

Financial position

The Company's current cash assets at 30 June 2023 including cash held in bank accounts (£0.4 million) and US treasury notes (£1.54 million) totalled £1.94 million. The value of unsold concentrate within Inventories at 30 June 2023 was approximately £3.5 million. In addition, the Company expects to receive VAT refunds of circa £1.5 million.

The Company's cash reserves are held in USD and GBP accounts outside of Russia and therefore not directly or indirectly exposed to Rouble foreign exchange gains or losses against other major hard currencies.

Once the deal is done the drilling starts and so does the promo, should get some results by Christmas, if they are good, that is when I expect the insti's to come in..

I read it as they pay the cash to Arcm because Unico is a sub of Arcm, cash gets split between Arc and Kopara.

The unknowns are placing shares being flipped.

Toffers the telegram group has been closed for today to show respect to one of our long standing members who's wife has fought a long battle against cancer and unfortunately lost that battle but you already know that.

Sorry to hear about your dad CDF fingers crossed you get the bungalow and he can have an easier life.

Like I previously said chart is going to be irrelevant on news but for now I think the right shoulder will form

https://invst.ly/11d11k

Blue Orca were never right, they were just a bunch of shorting scum bags who managed to get a few to offload their shares here, quite ironic seeing as Piedmonts shares went higher and they were the ones they were shorting.

Always amuses me how some sell on a dip, then end up paying more to get in. Oh well each to their own.

Like taking candy off of a baby for the mms.

Do remember a controlling stake is being bought by Anglo American, they will be the ones managing the projects and also the ones in control here as to when they want the info released.