Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
A rod pump is currently being installed. Commercial production is expected in the second half of November
This is a great RNS
Yes but confirmation of this tomorrow would be nice
Or the flow rates may be as already forecast
Quit with the negativity until we get an update!
From 11 Sept update:
FORWARD PLAN
· Installation of the rod pump is expected to be undertaken during October. In the interim period reservoir clean-up will continue into the wellbore.
· Work will commence immediately to quantify expected reserve and resources increases.
· Existing development plans will be updated to reflect learnings from the SCHB-2(2.) well and increased resource base with the aim of accelerating drilling and maximising the value of this highly attractive asset.
The RNS we are waiting for is coming…,
Looks like news is imminent
Maybe the timing of this indicates we might be getting an ops update very soon
Been an interesting week, the good the bad and the ugly all rolled into one!
Still now BCE as a company have reached a milestone they wanted to despite showing their ruthlessness to Pi’s in achieving that.
Yes there’s dilution but, now funded, lots of good oil, a plan to produce it within a month and continue their further development and exploration. It’s a good long term play this.
I’ve not sold any shares despite yesterdays out of hours eyebrow raising RNS as nothings really changed. SP will recover by Oct and LTH will see a good return here.
GLA
We have Oil, lots of it and good quality, we will be producing it this year. As a LTH investor I’ll check again on the SP in October and again at Christmas.
GLA
Let’s hope we get that rise to 0.30 by close of play and perhaps RNS next week. Keep going Casper , I enjoy your positivity.
Happy days
Another day where we steadily move up towards 0.30 before the big RNS arrives
Who indeed when there’s an update due soon:
The next step is to field-test our iTDE process for the authorities, on the larger scale (40kg) samples received by our team, with all necessary permitting in accordance with law, from the 5 priority salares (salt-lakes).
The first phase of this process includes exhaustive laboratory test-work, testing several processing sequencing combinations, which is expected to be completed during the Q3 2023.
You dont, the RNS will come, you just need to be patient
Most likely next week, the wait will be worth it though.
1000 bopd would be good
Obviously that should have read Rome wasn’t built in a day! But the point is a little patience is needed, we are at a year high and good news on flow rate will arrive when it arrives.
What slight disappointment yesterday JackBlackburn? Have you ever heard the saying Rome wasn’t built on a day.
But at least they are not saying it’s a duster! TD reached and wireline logging underway. All positive
Could be moving in up! Good news coming perhaps?
Fortune favours the brave
So you picked up another 10k worth asimpleinvestor? Your faith in CLON must be a strong as mine!