Member Info for Mullins58

Hopefully this is just the start. ATB

GreenRoc's CEO, Stefan Bernstein, commented:

"It is with considerable pleasure that we announce the full results of the second phase drilling at Amitsoq with grades of both the UGL and LGL ore bodies at the 20% graphite mark. Considering the thicknesses and footprint of the LGL in particular, the consistency of high-grade graphite is excellent. Even at this stage we believe that the assay results show that Amitsoq has the potential to be a significant graphite producer and we will be looking at how we can increase the resource tonnage and also increase certainty in terms of resource category and thereby reduce risk. I would like to reiterate that the UGL orebody remains open towards the west and south, while the LGL remains open towards the south, west and north.
"The consistency of the very high graphite grades in both of the LGL and UGL ore bodies coupled with their simple architecture, makes mine planning and the mining operations relatively simple and straightforward from a mining-technical viewpoint and with a minimum of waste rock produced. These are important factors not only for the construction and operation phases but also in relation to the cost implications of building a mine at Amitsoq, as energy costs could be greatly reduced. We look forward to updating the market on an updated mineral resource for Amitsoq, which we anticipate to be ready by January 2023."

GreenRoc's CEO, Stefan Bernstein, commented:

"It is with considerable pleasure that we announce the full results of the second phase drilling at Amitsoq with grades of both the UGL and LGL ore bodies at the 20% graphite mark. Considering the thicknesses and footprint of the LGL in particular, the consistency of high-grade graphite is excellent. Even at this stage we believe that the assay results show that Amitsoq has the potential to be a significant graphite producer and we will be looking at how we can increase the resource tonnage and also increase certainty in terms of resource category and thereby reduce risk. I would like to reiterate that the UGL orebody remains open towards the west and south, while the LGL remains open towards the south, west and north.

"The consistency of the very high graphite grades in both of the LGL and UGL ore bodies coupled with their simple architecture, makes mine planning and the mining operations relatively simple and straightforward from a mining-technical viewpoint and with a minimum of waste rock produced. These are important factors not only for the construction and operation phases but also in relation to the cost implications of building a mine at Amitsoq, as energy costs could be greatly reduced. We look forward to updating the market on an updated mineral resource for Amitsoq, which we anticipate to be ready by January 2023."

Yoel Alemán, CTO of EQTEC, commented:

"Work has proceeded at pace, with our team responding decisively and effectively to the tactical situation on site caused by adverse weather conditions and availability of external suppliers. I am pleased that everything is now installed and commissioned and I am proud of the team's hard work in getting us to complete the construction of our first MDC in 2022. We expect early in the new year to carry out the biochar test required for the offtake contract and commence export of electricity to the grid under the existing power purchase agreement. The trying conditions have revealed the dedication and resilience of the Plant's commissioning and operations team, for which we are grateful, and I am confident they will successfully operate a productive and profitable Italia MDC."

https://www.londonstockexchange.com/news-article/GROC/amitsoq-update-completed-phase-2-drilling-assays/15768877

https://www.londonstockexchange.com/news-article/GROC/amitsoq-update-completed-phase-2-drilling-assays/15768877

https://www.londonstockexchange.com/news-article/EQT/mechanical-and-electrical-completion-at-italia-mdc/15768808

UKOG Twitter Latest

https://twitter.com/UKOGlistedonAIM?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://www.mining.com/iron-ore-price-rises-as-china-property-optimism-lifts-mood/

Ticking up 3.70 paid

The Company has approached five US lending institutions who are actively lending to the upstream oil and gas industry. Evaluation of COPL's proposed facility is in process and is in various stages across these institutions. Given the nature of the discussions and the accompanying high level of due diligence and financial evaluation, the Company expects term sheets from at least two of the institutions in the near term. This process is normal, and has been accelerated post filing of the COPL's third quarter results which include the July 26, 2022 acquisition of the Cuda assets.

As previously disclosed, the Company is seeking to re-finance COPL America's US$42 million Senior Credit Facility and close the remaining outstanding hedges. In addition, the Company is seeking funding through a new loan facility to fund the installation of a high-pressure gas gathering system at its Barren Flats Shannon Unit to augment is current low pressure gas gathering system. Engineering design has been completed with procurement and construction to begin post refinancing. Once completed the field will be debottlenecked, thus resulting in increased oil production in line with modeled reservoir performance.

Arthur Millholland, President and Chief Executive Officer, commented: "Recent WTI weakness has provided the opportunity for COPL to execute this hedge restructuring without a cash cost to unwind the positions and in a manner that will minimize near term hedge losses that have constrained our pace of development. We are pleased with the result as it is expected to provide COPL with increased exposure to WTI upside and stabilised operating cash flow in early 2023. It also provides for a level of revenue protection and maintains cost protection for butane injections at our Shannon Miscible Flood."

https://www.mining.com/lithium-americas-buys-arena-minerals-in-227-million-deal/

Definitely over the line

https://www.youtube.com/watch?v=lg2CXkJVCHk

https://www.mining.com/australia-expects-sharp-lithium-price-pullback-in-2024/

David Palumbo, CEO of EQTEC, commented:

"We are happy to continue our relationship with Scott Bros and to progress the Billingham project toward funding and maximum use of the land and realisation of new energy infrastructure there, based on EQTEC's leading syngas technology. The clean, waste-to-energy plant already consented for the site has the potential to be an anchor facility to support local industry and also a wider range of new technologies and offtake applications that would be valuable additions to the burgeoning, new energy networks in Teesside. This Option enables us to turn our attention back to funding and detailed design of the Project. As previously announced, we are working with top-tier partners so that EQTEC can focus on technology development and engineering, providing project development services as required. Not only does this new arrangement release us from capital commitments, but it allows us to accelerate progress with our business strategy, toward becoming exclusively a technology innovator and licensor."

This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014, as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, and has been

Rob, do yourself a favour, use the filter. ATB

oce , the green box's have no one to annoy at the moment. ATB

Just a small number of articles regarding the USA.

There will be a rush to secure supply over the coming year.

https://www.marketplace.org/2022/11/03/electric-vehicle-batteries-graphite-shortage/

https://www.eenews.net/articles/lack-of-graphite-could-gum-up-american-ev-market/

https://gizmodo.com/graphite-shortage-electric-vehicles-1849744517

I have been blessed with good health, so dealing with the mental side is the hardest. Anyway, could be worse. Stay Safe