Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
WOW! I just got the chance to read through today's updates.
Very encouraging, ...and it looks like Vast is finally turning the corner and heading in the right direction.
Glad I re-added Vast to my portfolio.
Coiled Spring? ...You bet!
GLA!
jmo
I just had the chance to listen to the recent webinar:
https://www.youtube.com/watch?v=XNJDY-byL44
Very interesting and informative, as usual.
A lot of interesting tidbits in there, such as having to perf through multiple casings at Theta West, and stopping the testing at a time when it was expelling hundreds of barrels a day of frack fluid. So it was still very much in the middle of the clean-up phase.
I'm much more confident now that in a proper development scenario, they should be able to get much higher flow rates, (potentially orders of magnitude higher), than what has already been seen, given the constraints of the limited, isolated, and sub-optimal tests conducted so far.
Happy to be holding here for the long term in this massive oil project!
just my opinion
Perhaps it's time for EME management to re-connect with Sacgasco (if they haven't done so already), regarding a potential return to Alvares, ..a large multi-tcf natural gas appraisal prospect, in northern California.
https://www.empyreanenergy.com/project/sacramento-basin-projects-california/
https://twitter.com/sacgasco/status/1035000367031840768
I'd like to hear EME comment on whether this, or something similar, could possibly be on the table anytime soon.
At least it would be something to look forward to.
jmo
Flare is still going at the Tanumbirini extended well test:
https://apps.sentinel-hub.com/eo-browser/?zoom=18&lat=-16.39919&lng=134.70268&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2022-04-18T00%3A00%3A00.000Z&toTime=2022-04-18T23%3A59%3A59.999Z&layerId=6-SWIR
jmo
It looks like PANR is having a bit of a 'stealth rally'. Nothing too big, just a little bit here, a little bit there. Maybe an occasional pullback, then promptly resumes it's way grinding up the chart.
It looks to me like there's clearly some accumulation going on in the background. I wouldn't be surprised to see another TR-1 show up at some point.
Hopefully they have some good information to share at the webinar. Only 2 weeks to go now!
jmo
The price action in VAST has clearly been brutal. However, ...I've noticed that the volume has increased significantly in recent days. Coupled with a very low market cap, given the potential resources, ...this is looking like it may be a bit of a 'coiled spring' at this point.
Despite the problems and challenges the company has encountered, demand for copper should remain strong going forward, imv.
Therefore, ...I have recently decided to start re-adding some VAST to my portfolio.
GLA.
just my opinion
This seems to be the person listed in the TR-1:
http://www.sansarcapital.com/team.html
jmo
A very positive and comprehensive update this morning from Desert Mountain Energy, ...regarding the Arizona helium project:
https://www.desertmountainenergy.com/desert-mountain-energy-corporate-update/
jmo
I've added some more EME to my portfolio.
It's been a long time coming for this one, and they're finally at the key juncture for the company.
In addition to Jade, ...keep in mind that the Mako Gas Field delivered flow rates of around 11 Million cf/d. With the current strong pricing environment, the economics there are looking very good. (I have some CORO also).
Exciting times indeed!
jmo
Very encouraging, and so far/so good with the results.
I think they should be able to get in some more testing. (Remember, they're indicating they've only flowed back about 40% of the testing fluid at this point.)
It's becoming increasingly clear that Theta West is a MASSIVE oil accumulation.
I think the window should be there to get in further testing this season, ...and I suspect that's probably what will happen.
just my opinion