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News regarding baron's North Sea assets could be released soon.
Baron said that 3D seismic reprocessing is expected to be delivered early in 2022.
"The Board believes that this will provide the partners sufficient time to mature the Dunrobin Prospect and to engage with potential drilling partners in due course," Baron said.
I tried to buy 30mill this morning but it was NT all the way down to 500k at 0.08, shows that there's very few free shares in the market right now. This could get very interesting very quickly.
Thanks for the link, interesting...
"Shell will be producing more emissions by 2030 than it is now as it intends to grow its gas business."
I know somewhere that Shell might just be interested in!
At the same time in Peru the covid situation has improved dramatically. Cases are down to 6% from the peak and deaths are down to just 2%. Peru has been hit hard and the government and population will be wanting to kickstart the economy in every way possible.
Directors Talk Interviews. Com
Apologies if this has been posted before but it is definitely worth a listen to Andy Yeo's interview here...
The next few months could be the start of a massive transformation for Baron Oil.
https://www.***************************/baron-oil-h1-2022-set-to-be-a-key-period-for-both-chuditch-and-dunrobin/4121020621
The victory over Greenpeace last week has huge positive implications for all North Sea explorers...
https://oguk.org.uk/greenpeaces-defeat-is-a-victory-for-common-sense-and-for-the-uks-energy-security/
The rise in sp today could be related to the news yesterday that Greenpeace lost its battle to stop BP developing a field in the North Sea.
https://www.upstreamonline.com/energy-transition/a-political-not-a-legal-matter-greenpeace-fails-in-bid-to-stop-bp-drilling-in-uks-vorlich-field/2-1-1079452
Baron have a 32% share of the Dunrobin field in the Moray Firth area of the North Sea, containing a mean volume of 100 million barrels of oil prospective. This is in shallow water, cheaper to drill. This field must now be a much more attractive venture for an oil major to partner with Baron and could be a company-maker in itself.
It looks like Kelp is going to Boil...!
https://www.livestrong.com/article/548716-how-to-cook-dried-kelp/
The trade reporting is misleading, I bought 6m this morning in 2 batches and paid 0.0702
Please excuse my ignorance for asking such a basic question, but as pure gold is 1000000g per ton and the best concentrate they have is 461g per ton, then the samples after all that processing are 0.0461% gold. Is that what was expected from the pilot plant?
And don't forget to add 0.02g per ton for the weight of gold.
So if this ends up in a battle to take over the company, I'd expect there to be a bidding war...between China and Australia?!!!
Bring it on!
What are the chances of success at Chudich? It's worth noting that Shell previously reported the geological chance of success ("GCOS") for the Chuditch Discovery to be 100%
10 bags? This could genuinely be a 100 bagger.
I was just quoted 0.0601 to sell and 0.06 to buy, so I bought 5.6million. The last time I saw this situation was with alba minerals just before their rise from 0.06 to 0.55
They were having the graphite analysed by ProGraphite in Germany to see if it was good for batteries. That was in February. No news yet? Hope it's not a case of bad news travelling slowly, like the last gold assay results.
Well done for getting in at 0.01p shorter, that's a 45 bagger! Just out of curiosity, when did you buy at 0.01p?
Has anyone had a response from alba to their emails, sent to them regarding the very low level of gold in the concentrate?
I'd also like to know what proportion of the mine is accessible, as they themselves have stated that the mine is completely flooded from level two down.
When Scotgold processed 1100 tons of bulk ore they produced 300kg of concentrate. So that's a concentration ratio of 3666:1
If albas ore was concentrated by the same amount it translates to 0.0056g of gold per ton in the bulk ore. So my calculation of 0.2g per ton may be a massive overestimate.