Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The BBC are already reporting that France are investigating a possible new variant over there (scroll down to 08:17 in the link):
“France’s health authorities are investigating a new Covid variant at the centre of a cluster of cases in Lannion in Brittany. Several people have shown symptoms of the variant which does not show up in a normal PCR test. President Emmanuel Macron says new measures will be taken in the coming days to fight the spread of Covid.”
https://www.bbc.co.uk/news/live/uk-56412074
https://www.londonstockexchange.com/news-article/PANR/talitha-a-operations-update/14864275
https://www.londonstockexchange.com/news-article/HUM/operational-update/14776890
https://www.londonstockexchange.com/news-article/tidm/headline/14658965
https://www.londonstockexchange.com/news-article/tidm/headline/14635987
It is Moneylender@GMX.com
My 110k will be used to vote no - will send e-mail confirmation shortly.
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/FEVR/14314957.html
Apologies if previously posted but hopefully doesn’t put them out of the running....
https://oilprice.com/Latest-Energy-News/World-News/Oil-Major-Slashes-Spending-After-Reporting-Massive-Losses.html
Thanks cyan2 and nigoil.
Good night.
Agreed. Better for RKH to monetise the already discovered oil on which they have spent who knows how many hundreds of millions without poncing around on more exploratory drilling which would have no impact on phase 1a anyway.
*FDP not FPS
Slide 29 of the following presentation says that phase 1a development is independent of the outcome of the 2015 drilling programme (I.e. it would have no impact):
https://rockhopperexploration.co.uk/wp-content/uploads/2016/05/NFB-Exploration-Capital-Markets-Day.pdf
Looking at slide 6 of this Argos presentation, Rhea seems a long way from phase 1a:
http://www.argosresources.com/perch/resources/arg-investor-presentation-2015-10-22.pdf
By the time the rig gets down there (if it gets down there) the engineering will have been done, the FPS would have been submitted and the FPSO would be being built. What impact would drilling Rhea first have on this phase 1a development? Subsequent phases, maybe, but not initially . If they did drill it first and found loads of oil the boat they have ordered for phase 1a would be too small to cope with the additional volumes surely?
Rhea wasn’t even going to be drilled in 2015 - NBL planned to drill two wells in their southern blocks. It was only after the first one went pear shaped that rhea came into the equation. Not sure why they’d drill it first ahead of sea lion development....