Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
The good thing about last week is that we know who the bell ends are, I should imagine quite a few of the serial negative posters feel a tad embarrassed now, not quite as smart as they thought they were.
No credibility left.
Muckle take a look at the thesis posted below, it will not give the amounts of gas but it does show some ppm examples pages 38 to 40 regarding 'quality control of gas wells' show ppm logs for C1 gas/methane.
The words gas show and dry gas also catch the attention in the Rns if you research those phrases it all sounds very encouraging.
If you read the thesis Mick it mentions PPM, giving examples of C1 readings and the percentages, if I have read it correctly, the Rns figures and terminology look very promising, like many on here I am not an O&G man, I work as an Asset Surveyor, so I'm trawling through info trying to understand the industry jargon PG has released.
https://fenix.tecnico.ulisboa.pt/downloadFile/563345090415126/Thes… · PDF file
Not sure if this link works but there is some interesting stuff from p38 onwards.
Someone is willing to pay for info, anyone we know?
https://www.upwork.com/freelance-jobs/apply/Interpret-Mud-Log-data-from-recent-shallow-well-gas-drill_~011dfce24fd46a8bbd/
Morning HT, I suspect you're not the only LTH to express a change of opinion, I feel this weeks news has been handled badly.
It has left a huge amount of uncertainty, which as we all know the market doesn't like.
I certainly feel there is a positive future for PRD, but the recent placing and the RNS have shown things need to be handled better.
As far as the RNS the other day, the content was poor and this is not the first time, if you cast your mind back to the T&T RNS regarding the CO2 update some time ago, confirming the success of the CO2 injection, the initial news had a muted response, it was only when Paul did the Malcy interview and explained the rationale behind that RNS that investors actually got it.
I agree HT, Paul needs to provide a full explanation regarding the content of the RNS, hopefully bringing an end to the speculation about MOU-1.
https://www.lse.co.uk/rns/PRD/business-development-update-kmnmwfsqzxkdr5c.html.
I'm guessing this is what they have in mind.
The piece about generated electricity to increase by 40% in 2030 caught my eye. Probably more than that, especially if all of Ireland is driving around in electric cars by then. The politicians seem to be predicting that all things electric will be the future. Therefore more electricity needs to be generated, can't see the windmills making up the shortfall.
Some good posts this weekend, most of the Ireland stuff highlights the fact the use of 'fracked gas' will not be permitted under any circumstances.
However, the New Fortress company are looking to press ahead with their plans for an LNG terminal, which indicates a real positive for future LNG in Ireland, why would they be investing the time and money on a project that has no possible outcome.
As with all governments, procedures and protocols need to be adhered to, hence the pending review in the summer by the Irish Government, which has been mentioned by PG in his last interview with Malcy, things are looking very positive.
All in my opinion.
Interesting to read through the recent operational BPC updates, there is no mention of the ongoing Co2 EOR at Innis or its potential to increase company revenue, perhaps there is something going on behind the scenes.
Try reading through some of the Rns', there are some operational updates in there, further news is expected on at least 2 fronts, Morrocco drill and EOR in T&T.
You should also try listening to the CEO Paul Griffiths on Malcys Blog.