Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When I first invested here I also invested Sirius and HNR. I was up more or less 100% on all 3 within about a month! Taking screen shots of my amazing 'profit' only to watch it dwindle. It's not profit til you take it off the table.
...allegedly . ..looks plausible tho. Rigs not that big.
https://twitter.com/anton_bachuk/status/1376770335442415616?s=19
I've figured the cut and paste. He definitely knows his stuff. This post was from a few days ago....Mentions this re 'casing point election'...this seems like what PMO did last year. Sounds like they don't get much time to think about it.
' The news at this point would be **"cautiously limited."** **IF** they have reached Total Depth, and **IF** they have concluded the Open Hole Log analysis along with the mud-log "hydrocarbon shows" (if any), and IF they encountered 1, 2 or 3 of the prospect reservoirs, and **IF** the prospect remains viable, **THEN** the working interest owners have 24-28 hours to evaluate their position, **THEN** all involved will be at the **"casing point election."** A working interest owner could go "non-consent" and back out of the well. The decision will only be one of two things: 1.) Plug and abandon the well or 2.) Set casing and prepare to test the well's capabilities to produce commercial quantities of oil. **THEN** the only way to prove a discovery field of giant size (greater than 100 million barrels of oil) is drill the proposed step-out confirmation well. I have more on the subject of post discovery but will write those thoughts until later.
BUT -- I totally agree with your post.'
https://www.reddit.com/u/Ok-GeodesRock49?utm_medium=android_app&utm_source=share
Click 'comments' to view some of his responses to queries to his original informative post. One mentions 'clean' meaning no interbedded interstitial clays plugging up pore spaces and reducing flow capacity. (Or words to that effect, it wouldn't let me cut and paste)
A cracking article from nextoilrush. Lots of sense
https://www.nextoilrush.com/promising-results-so-far-but-there-is-some-more-work-to-do/?utm_campaign=88E-UA29&utm_source=twitter.com&utm_medium=social
GameStop wasn't worth $342 a share but still it got there. It seems lots across the pond think this will be worth a dollar at some point so what price would they be prepared to buy in at? 5c 10 c 20c? Market cap would be ridiculous but shares are worth what someone is prepared to pay! I'm strapped in for the ride and will bank some profit to derisk along the way. GLA