Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://twitter.com/TradePlaces/status/1264731402458861569?s=19
Lots to come for those that aren't in the know.
"THAR COAL, THE BLACK GOLD"
I have heard many people claiming about very huge reservoirs of coal in thar and the rumors that foreign elements are involved in to keep Pakistan away from utilizing these reserves. Keeping in view the very mean and cruel policies of big energy players all over the world it may be expected that just for their own thriving they may play with future of Pakistan through its ruler class. I got following email from a blog, it shows that it is a great issue and needs attention.
"If All The Oil Reserves of Saudi Arabia & Iran are Put Together;
These Are Approximately 375 Billion Barrels;
But
A Single Thar Coal Reserve Of Sindh is about 850 Trillion Cubic Feet,
Which is More Than Oil Reserves Of Saudia & Iran.
These reserves are estimated at 850 trillion cubic feet (TCF) of gas, about 30 times higher than Pakistan ‘s proven gas reserves of 28 TCF.
Dr Murtaza Mughal president of Pakistan Economy Watch in a statement said that these reserves of coal worth USD 25 trillion can not only cater the electricity requirements of the country for next 100 years but also save almost four billion dollars in staggering oil import bill.
Just 2% usage of Thar Coal Can Produce 20,000 Mega Watts of Electricity for next 40Years ,without any single Second of Load Shedding.
and if the whole reserves are utilized, then it could easily be imagined how much energy could be generated.
The coal power generation would cost Pakistan PKR 5.67 per unit while power generated by Independent Power Projects cost PKR 9.27.
It Requires Just Initial 420 Billion Rupees Initial Investment,
Whereas Pakistan Receives annually 1220 Billion from Tax Only.
Chinese and other companies had not only carried out surveys and feasibilities of this project but also offered 100 percent investment in last 7 to 8 years but the “Petroleum Gang” always discouraged them in a very systematic way.
But Petroleum lobby , is very strong in Pakistan and they are against any other means of power generation except for the imported oil. This lobby is major beneficiary of the increasing oil bill that is estimated above 15 billion dollar this year."
#Amazing_Pakistan ????????
The flanks application was visible on this website:
http://pdac2020.data-geo.ru/
But since a couple of weeks ago hasn't been working.
Good research people. Just to add this again for people that missed it.
https://www.proactiveinvestors.co.uk/companies/news/919819/oracle-powers-thar-project-will-benefit-significantly-as-an-important-component-of-the-china-pakistan-economic-corridor-919819.html
Expatbrat my old friend. Still doom and gloom on this project? You've been slating this for months and months.
[In reply to MrC ??????]
Hi guys, new investor here. Not my 16th account and CERTAINLY not a deramper I promise. You can believe me because I said “I promise” and I never break my promises.
Given the debate on here about the legitimacy of the company, valuations, BOD, and the nomad situation, I took it upon myself to visit MT to see what was going on. Getting to Russia was difficult because of COVID. Under the cover of darkness to avoid fines I drove with my headlights off from Glasgow to Newcastle where I stayed with friends until the sun went down and it was safe to travel on. I was fed toast and jam to keep me going. When the sun went down, I drove on to Nottingham then London where I was given shelter and more toast and jam from friends. I left my car at my friend’s house in London and got an UBER to Dover where I crafted a raft and launched myself into the sea. I paddled to Calais, snuck past the French police, and boarded a lorry bound for Morocco. At this point I had a tough decision to make. The logical choice would be to bounce across Algeria, Libya, Egypt, and up through Syria. But I’ve seen The Mummy movies enough times to know Egypt is haunted as f***. So, I decided to travel by Giraffe across Africa to Somalia where I met a lovely Pirate who offered to let me sail with them to Iran for a small payment. I offered him my Heelys because I’m an adult now anyway and he agreed. When I arrived in Iran I just ran across the Iraqi mountains to Syria where I met al-Assad. He offered me toast and jam then fired me by missile into MT. It was not difficult to find the mine because there were strobe lights and music blasting. When I got closer, I saw Christian and Alexei swinging diggers round and round while Dmitry was in the front screaming “SWEEEEEET CAROLINE” and 56 miners dancing on top of their social distancing cabins shouting “OH OH OH”. I thought this was a great sign that they were celebrating… Until Dmitry announced that the buffet was ready. I looked at the buffet table and there was only one thing being served. Palladium. “surely not” I said to myself, but my fears were true. They all tucked into plates of palladium, some going for second and third helpings. Keith was on the side lines with the NOMAD with their heads in their hands wondering how explain this shareholders.
Whilst sobbing that the company and staff were eating our palladium, I done some rough calculations. Research indicates that the average person eats between 3-5 pounds per day. Now taking this and assuming around 70 staff including BOD, over the past 15 years they have eaten between 1149000 lbs and 1916250 lbs. Converting this to OZ and rounding to the nearest million means they have eaten between 18Moz and 30Moz.
Guys! Dmitry and the team have eaten the lot. The flanks, the flaps, all scoffed! There is no palladium left to sell. This is why we lost the WHI as nomad. We have been taken for a ride. This is NOT A DERAMP I just want to help fellow investors realise