Latest Penguin News EOI6 Mar 2024 08:09
There's another EOI doing the rounds in the Falkland Islands, just picked it up in Penguin News.
They're looking for a supply base, personnel and equipment, they're also wanting a liquid mud plant. It refers to being up and trained by Q3 2025 and a duration of 2 to 6 years.
My view has always been this is a great investment if FI oil happens, and it's a percentage risk if that is likely. I think its getting likelier by the day and there certainly is more general evidence pointing towards it being more likely. In all honesty it been building for a couple of years now (FIG meetings in Israel, the last FIG Head of Mineral retiring, etc.).
Good luck all