Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The big buy, shares drop to make more of a margin on the spread in filling the order
Oooh getting exciting
Everyone put your stop losses higher and you will see a rise as I've seen it work in another share just like re***t
You're right it's. 397008 of an inch. Roughly, it's the psi that we will only know until announcement.
It's the number of horizontal wells is what I am looking for.
If everyone can fill the bb with technicals and we can finally gauge what the actual will be or close to be
Thanks Spantrout
Apologies 1261 psi.
For commercial flow success rates, deliverable to the company is preferable at 2.1k psi mark
I won't post any more until I verify full figures as in error I have posted quoted preferable rates and not company rates.
At least there is conversation now on technical details which I am grateful for to you all :)
I have seen their presentation video on asx oex website of horizontal Wells with fracking and where they are going with with the project, check it out
The rates are from gas flow rates to 10mm choke, tge1/64th was converted to 10mm and the cambay field for 77h unless I am incorrect as per website on AIM is about 2132 psi
Here's hoping for a significant movement for the better.
Even if half taking to account water I would be ecstatic.
We'll find out sentiment tonight in asx hopefully.
If for eg good probable extraction to conservative 271bcf and 4 Wells producing to 4856boe, revenue should $2.72b
77h should be a given, if 73 is brought back up to life and 2 others this could be a possibility
Anyone else have done a DCF I would be keen to know variability of achieving these estimates
If the psi is 2132 and the choke is 10mm the mmscfd should be about 10.
So expect from 77h about 1767 boe.
$100k per day and $36m per year if 100% equity.
96bcf gives life of 26 years, revenue before expenses of $946m for just 77h well.
https://www.google.co.uk/search?safe=strict&q=Choke+size+oil+and+gas+chart&sa=X&ved=2ahUKEwi4xoWvs_nuAhXEilwKHSz9AxMQ1QIwBnoECAQQAQ&biw=360&bih=679#imgrc=VZ4jVBwBMDhb8M
Fantastic, thank you VacationFund and all
Can someone please substantiate on the production of 77h to come on line and others in relation to Oilex?
Research finding varying levels.
Thank you :)
Correction and stabilisation happening
About 44.505% institutions and directors holding interest.
Say about 10-15% private.
Quite a bit of free float
All to market maker's will now unless a more decent director holding and one substantial institutional interest by a good margin.
Here's hoping to more institutions also.
Hope it is 8.6p overnight. Speculative as could be due to trading halt.
The reason for the trading halt is usually positive significant change in share price unlike other reasons in significant drop in price and so a protection on all invested.
I would be glad for one
Still showing 12 month high as 8.6p.
Although only on lse.
Will look if anywhere else.
Maybe a test of releasing the share price just like in drilling.
Sign of things to come where could be phenomenal.
Hmm looking good
Can someone enlighten on the project production for mmcf and boe
Would be much appreciated
Thanks in advance