Member Info for Mullins58

Dg , nice post. ATB

Gold overtakes US Treasuries in global reserve shift: ECB

https://www.mining.com/gold-overtakes-us-treasuries-in-global-reserve-shift-ecb/

Well above 100

https://tradingeconomics.com/commodity/uk-natural-gas

Yep , a complete nut case !

Oil companies are not queuing up to work in Mongolia

Key Non-Mongolian Oil Companies in the RegionPetroChina (China): Dominates Mongolia's crude oil production, managing the bulk of the country's productive fields (such as Zuunbayan and Tamsag).Sinopec (China): Holds a significant stake in managing and extracting from Mongolia's existing productive oil fields.Petro Matad (United Kingdom): An active explorer in the frontier basins of Mongolia, focusing heavily on appraisal and development in areas like Block XX and the Heron field.Sunwing Energy (Canada): Engaged in exploratory and development ventures in the eastern Gobi basins.Central Asia Petroleum (Australia): Holds upstream exploration contracts in the country.

Https://oilprice.com/Energy/Oil-Prices/Supermajor-Warns-Oil-Prices-Could-Hit-160-Within-Weeks.html

Very Positive. ATB

GreenRoc's CEO, Stefan Bernstein, commented:

"We are very pleased with the progress achieved in the planning of the Phase III drilling programme. The finer details required to mount a substantial field programme of this kind are now falling into place. In parallel, our pilot anode plant is delivering encouraging early processing data and providing a solid foundation for the further optimisation of particle size distribution and grain shape in our flowsheet."

Production operations are continuing to run smoothly with excellent cooperation in the field between the Petro Matad and PetroChina teams. 2026 production to date totals c.35,000 barrels of crude and Block XX production since start up now exceeds 110,000 barrels.

GreenRoc's CEO, Stefan Bernstein, commented:

"We are very pleased with the progress achieved in the planning of the Phase III drilling programme. The finer details required to mount a substantial field programme of this kind are now falling into place. In parallel, our pilot anode plant is delivering encouraging early processing data and providing a solid foundation for the further optimisation of particle size distribution and grain shape in our flowsheet."

Https://www.londonstockexchange.com/news-article/GROC/amitsoq-and-aam-pilot-plant-update/17611211

Https://www.londonstockexchange.com/news-article/GROC/amitsoq-and-aam-pilot-plant-update/17611211

Mike Buck, CEO of Petro Matad, said:

"The delay in approving the 2026 Oil Sales Agreement has been frustrating but the rising oil price has given us the chance to benefit significantly from a commercial standpoint so the news that the approval is coming soon is most welcome. Interest from Chinese oil traders in our 2026 inventory also means we have an independent export route in case we need it.

We are pleased to see the interest in our portfolio from several new potential partners. Whilst the discussions with these entities are going on, the availability of the crew for a 3D seismic shoot in Block XX presents us with a value-additive opportunity which we are evaluating as a priority.

SRE's rising profile in-country has generated some new, sizeable renewable energy opportunities which we are excited to pursue and which could deliver substantial value in the near term if the deadlines can be met."

Key updates

· PetroChina has advised that the 2026 Oil Sales Agreement will be approved imminently.

· Production from Heron-1 and Gazelle-1 continues in line with forecast.

· A technically and commercially attractive proposal to acquire a 3D seismic programme over the Block XX Exploitation Area during the coming months is under review.

· The recent rise in oil price has seen interest from potential partners in Petro Matad's portfolio increase and farm-in discussions are progressing.

· Work is continuing on our 200MW Hybrid renewable energy project and Sunsteppe Renewable Energy is pursuing three new, sizeable projects.

Https://www.londonstockexchange.com/news-article/MATD/operational-update/17611226

A petrol pump attendant , doesn't have a clue.

Https://www.msn.com/en-gb/money/other/europe-must-break-china-s-grip-on-rare-earths-pricing-to-spur-investment-sector-body-says/ar-AA23FHvN?ocid=msedgdhp&pc=U531&cvid=6a0ecaf0b9274bcabda306eca2ab8649&ei=22

Recent work at the Clogau-St David’s Gold Mine has included further underground development at the Llechfraith Level 5 target, alongside continued plant processing.

The latest blast took place last Friday and advanced the Level 5 development by a further 1.4 metres. Total advance on Level 5 now stands at 15.2 metres from the survey reference point.

Processing is continuing with material from both Level 5 and the historical waste dump, with the new concentrator now operating as part of the plant circuit.

The team is also recording geological observations at the face, including sulphide occurrence and structural features. These observations support the ongoing technical work to build a clearer understanding of the underground setting as development progresses.

Https://arkadianmetals.com/activity-updates/yOpZVe-recent-underground-activity-at-clogau

Source: Crude Oil Prices Today | OilPrice.com

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