Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That George is not very clear sometimes, but when questioned hard he admits that they are only interested to buy project and do some drills and sell it on. He has a good chance with this gold asset to do something and sell majority of stake if not all on to another party if all goes well. To buy more time he is constantly saying 24-36 months before commercial production. That gives him enough time (if results are positive) to sell it on before productions can actually starts.
That seems fine strategy. Gold trend is his best friend now.
Hi, was there a mention on webinar anything in relation to results timeline from these sampling and drilling? Are they going to drop-feeding or wait until the end? Is recording of webinar available anywhere online?
Ta
it might be that market makers (institutions) submitted various orders and mm are doing anything to fullfill that order to make their clients (institutions) happy. Otherwise no more orders next time.
Eurasia's tweets suggests that Monchetundra is being benchmarked against Kevitsa 2016. Are these two 2019 Monchetundra and Kevista at 2016 completely comparable?
Just realised now that EUA believes only MT is worth that value of 650m euros.
No mention of the other WK asset which is a producing mine.
It looks like if both assets go for less than $1b together a bad deal would be made.
add to that premium for ' the last non-consolidated palladium play' and strong positive trend in palladium prices.
Norilsk presentation from June ran by BAML shows increasing growth of deficit for palladium. The only primary palladium producers are currently based in North America. Concern for China?
Rules:
Guess should not exceed a range of 100boed gap max to keep it tight and fair (so please amend your guess)
Flow rate applies to Heron only
List 210-230
Top0 150-200
HotShot69 175-225
TrekMadone 220-320
Duster hater 800-1000
Mike31 300-400
Donkee 200-250
Proselenes 100-200
SuperRoty 200
Alexios 150bopd without stimulation
"If required, reservoir stimulation equipment is in Block XIX and is readily available"-not sure they will make it on time this year before winter season kicks in.
Please help to update guys
to add to that, Mick also mentioned that just 3 million barrels in place would be deemed a commercially viable field but they are estimating for Heron around 25 million in place as a potential size. Due to agreed terms with Mongolia a 200 bopd is deemed as a very good start as it will prove that oil flows and can be extracted. This would transform matd from purely explorer to a revenue earner.
Thank you BBN, very much appreciated your input and research.
I am quite fresh to oil exploration, apologies in advance. But if sands are becoming thicker and geology is similar to Tain area, why Tain owners didnt apply and fight for this block at the latest UK license awards? Is regulator preventing too many licenses to one company? or are there other reasons?
Thank you very much and apologies again if that is something obvious to others.