Member Info for Mullins58

In terms of the likelihood of success, the Company believes the Licence's discovered and "missed pay" opportunities are as good as, if not better than its similar Loxley and Arreton appraisal projects in the UK. Basur has brought oil to surface at good rates and Resan oil shows and electric log data are at a comparable level of supporting evidence for the presence of moveable oil as the Company's Arreton discovery data.
However, Basur and Resan have the distinct advantage of considerably higher recoverable resource upside, the projected drilling costs are under half those of equivalent wells in the UK and perhaps most importantly, success can be monetised far quicker.

http://aladdinmiddleeast.com/Company-Overview/EN/1/4/A

Very stable politically .

I have visited Turkey on many occasions, very much a get things done society. This could be very positive over the coming year. ATB

No planning needed !

AA, that made me smile !

I spoke to my business bank manager at Handelsbanken last week to renew my overdraft facility for the coming year. It was made clear to me, that unless you had a decent set of ongoing accounts and prospects no loan facility would be agreed, especially in the current climate.

Its cheap money.

Yep, you won't get bank loan facilities at the moment unless you are a good risk. ATB

Michael Masterman, Chairman of W Resources, commented: "In the current challenging environment it has been important to secure additional financing from the major Spanish banks. The funds extend existing lines and provide new working capital at low interest cost."

Alba's Executive Chairman, George Frangeskides, commented:

"We are delighted to be back on site at Clogau. We have a team currently carrying out underground sampling and 3D scanning and refining our targets for underground bulk sampling and drilling. The bulk samples we take will initially be processed at a third-party facility offsite, but in the meantime we will look to establish our own dedicated pilot processing plant capable of processing three tonnes of material per hour or around 400 tonnes per month."

https://www.londonstockexchange.com/news-article/ALBA/clogau-gold-mine-bulk-sampling-programme/14623975

https://www.marinetraffic.com/en/ais/details/ships/shipid:775187/mmsi:710012230/imo:9555785/vessel:HB_TAMBAQUI

Rt, it was never heard the first time ! ATB

https://twitter.com/wealdoilers?lang=en

https://www.londonstockexchange.com/news-article/PERE/minto-operation-update-for-q2-2020/14620491

Sam, nice post. HAGWE

What do you expect from someone who relies on the rest of us (Tax Payers ) to subsidise his income. Yes he is filtered

Worth watching again.

https://twitter.com/wresourcesplc

Ship Spotting ! that's a new one.Keep up the good work. ATB