George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
The last shipment from Garden Hills was of superior quality...commanding a $5 premium per barrel..so very little refining needed if any!
There ain't no crisis...just some that would like to dramatise it as if there was...Simon said last year while in newfoundland...news could come anytime...no need for him to be in the UK if that were the case
EL-1070
We will work with the oil and gas industry to pave the way for the next stage in the oil and gas frontier. Newfoundland and Labrador has potentially 100 billion barrels of oil equivalents unexploited offshore - equal to Norway's remaining resources.
We will work to advance development of our vast natural gas reserves.
Offshore Newfoundland and Labrador contains immense reserves of natural gas, a clean, green and potentially valuable resource. We will in consultation with industry and labour, initiate a review of the development options, economic benefits, execution risks and economic rewards with a view to monetizing this stranded asset. Natural gas brought to shore holds the prospect for job creation and the increased availability of affordable and abundant electricity, a potential export and a key enabler for the knowledge economy.
Natural gas can be a significant contributor to the next phase of offshore development; we intend to have a full understanding of the possibilities."
So time to try and make headway with the EL-1070 offshore licence then as well as the onshore PL2002-01a licence Nuog!
Any update on this with Nuog 5% royalty will see the SP go stratospheric ..imo!
SBP..better wait for your decent return then,,,,or can you???
I thought the last placing was to push the first deal over the line...what will change with this placing i wonder???
Therefore it goes to show they must have some surety of the gtw concept and that it would be commercial?
Yes..stv news last night..govt to spend billions to provide 2/3rds of UK homes..on offshore wind and renewable s
Scotty..new potential...g2w new potential.. Brazil new potential...helvik&dunmore..new potential...and the list goes on!
When first and consecutive deals arrive this could easily hit 50p on massive opportunity that this consortium could bring..imo
Graham was part of team in the sale of Dana petroleum..selling for £18+ per share.. don't think he's here for the 1 peneth rise somehow...do you?
Worth bearing in mind..nuog have the option to buy out the further 50 percent of mfdev.co... wonder when that might happen?
Agreed seadog..1 closed deal could push us well into super league...imo
Sbp..in an RNs with nomad approval.. come on.. you can do better than that.surely
So why would CEO buy nuog..if another company(fattened)...be wiser waiting and buying into that one then..imo
Does the bod buy contravene the 3 month closed period or am I missing something?
What is best guess for news of a deal being announced.. anyone,,,,?
If you have a Unique concept...why do it small...go for the curve ball effect??
Yes Joey..it's you... you are the Joker
Ivor....maybe no need to change desks at all?
Why hire with immediate effect a new CEO for Brazil, with a background of managing the OSX if the deals there were out of reach or not moving forward?
SBP..it seems...if you are desperate for a pish...go roond the corner...like many others...am goiun nowhere...LOL