Member Info for Mullins58

Https://www.msn.com/en-gb/money/video/a-gold-jeweler-selling-royal-designs-is-defying-china-s-economic-slump/vi-AA1Ku8gt?ocid=msedgdhp&pc=U531&cvid=689ecb627b1647b0a4a65aa2a2941ddd&ei=36

SPIC

State Power Investment Corporation Limited (abbreviation SPIC) is one of the five major electricity generation companies in China. It was the successor of China Power Investment Corporation after it was merged with the State Nuclear Power Technology Corporation (SNPTC) in 2015.

State Power Investment Corporation (SPIC) is a state-owned company headquartered in Beijing, China. In 2020, its revenue was USD 40.1 billion and installed capacity was 176 GW. SPIC announces its ambitions to scale up its low-carbon electricity capacity from 50% in 2020 to 60% in 2025 and 75% in 2035.

https://www.spicne.cn/en

As part of the recent fund raise, it was important to secure development funding for the two latest and largest additions to the Sunsteppe Joint Venture's portfolio, namely the 200MW Hybrid project and the 1.5GW Export to China project. With a power purchase agreement already in place and only requiring amendment to reflect the change from a coal fired to a renewable source, the 200MW solar and wind project has the potential to reach ready-to-build status rapidly. Sunsteppe needs to start gathering wind data to determine the best site for the wind farm. Interest from well funded potential investors has been expressed in this project. Meanwhile, the Mongolian government is keen to move forward on export to China projects. Sunsteppe, through its cooperation with leading Chinese utility the State Power Investment Company (SPIC), wants to increase its land bank with areas close to the border and to start gathering wind data.

In Mongolia, developers such as Sunsteppe have been able to attract development premia in the range of $50,000 to $100,000 per MW for ready-to-build projects that have good commercial potential. Sunsteppe's portfolio has three, near-term projects comprising a total of 274MW plus the longer term 1.5GW project with SPIC. This demonstrates the significant value proposition that these renewable energy projects offer to the company. Whilst Sunsteppe is looking to originate more projects and has been approached by many would-be partners, it is focusing efforts on getting projects to ready-to-build status in order to crystallise value.

I'm expecting Special Dividend's when these projects are crystallised.

With the establishment of the MGFC, Mongolia will have a financing system capable of reducing greenhouse gas emis- sions, adapting to climate change, and leading to sustainable development. It will provide green loan funds with wholesale and conces- sional terms to qualified domestic financial institutions.

16 May 2019 / The Green Climate Fund (GCF) is assisting Mongolia in its transition to renewable energy by catalysing local private sector capital to enable local solutions to climate change and open markets for big investors in renewable energy.

The global green finance market has been experiencing significant growth, with major contributions from the EU, US, and China. As of 2024: The European Union (EU): The EU has been a leader in green finance, heavily investing in renewable energy, green bonds, and environmentally friendly projects.17 Jan 2025

https://www.jointsdgfund.org/article/accelerating-just-energy-transition-mongolia

The main goals of National Renewable Energy Center (NREC) activities are to: introduce sustainable development principles to Mongolia; achieve the goals of the Renewable Energy National Program; complete a detailed study on renewable energy resources and utilization; introduce new renewable energy technologies .

More than 50% of Mongolia's population live in gers, with about 800,000 people in Ulaanbaatar alone – about half the city's population. An estimated 196,000 domestic chimneys puff coal fumes into the dry city air, with each household burning an average of 23kg of coal daily in winter.8 Apr 2025

Mongolia has significant wind and solar energy potential, yet as of 2023, renewable electricity production was about 9% of the total energy mix, well below estimated global average of 30% in 2023, highlighting the need for increased development and investment in this sector.29 Oct 2024

It aims to increase renewable energy capacity to 30% of its total installed capacity by 2030. As of 2023, renewable energy accounts for 18.3% of Mongolia's installed capacity and 9.1% of its electricity production.30 Jan 2025

Back to MATD , I'm positive that news will arrive shortly, hopefully before the Bank Holiday.

Abz , I respect your view, but you are doing exactly what they want and get paid for. Many genuine investors no longer post research on this board which is what they want.

Once their work is over they will disappear into the night.

Anyway , go luck with your endeavours.

ATB

Jim , careful what you post. ATB

Why on earth are some posters engaging with these people ?

Do the rest of us a favour and filter them.

ATB

Abz, thanks Education Education Education

Https://webgate.ec.europa.eu/circabc-ewpp/d/d/workspace/SpacesStore/53a8ce7c-68bf-4e89-93bf-da3db2e30daa/download

Global graphite demand is expected to significantly increase, driven by the growth of electric vehicles (EVs) and energy storage technologies. Research reports project a surge in demand, with estimates suggesting it could triple by 2030. This growth is fueled by the material's essential role in lithium-ion batteries, where it's a key component of anodes. The EU, for example, anticipates a substantial increase in demand, potentially reaching 480,000 tonnes by 2030, according to a European Commission report.

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https://www.google.com/search?q=oil+well+perforation+video+youtube&sca_esv=7466096905fafdc9&ei=lzkzanzib8ojhbip5k6qwae&oq=oil+well+perforation+video&gs_lp=egxnd3mtd2l6lxnlcnaigm9pbcb3zwxsihblcmzvcmf0aw9uihzpzgvvkgiiatifeceyoaeybrahgkabsjvrunogwjm8caj4azabajgbkqg***glqgeemtgumbgbacgbapgbazgcfaac0qvcagoqabiwaxjwbbhhwgiheceyoaeycsicbbahgbxcagqqirgkwgigeaayfhgewgiieaayfhgkgb7cagsqabiabbigaxikbciccbaagkiegikfwgifeaay7wwyawcibggqbgksbwqymc4xoaepnrihbde4ljg4b8slwgcgmc4xoc4zyacv&sclient=gws-wiz-serp#fpstate=ive&vld=cid:ff10dd9d,vid:dutoyzpzqos,st:0

https://www.google.com/search?q=oil+well+perforation+video+youtube&oq=&gs_lcrp=egzjahjvbwuqcqgaeeuyoxjcazijcaaqrrg7gmidmgkiarbfgdsywgmycqgceeuyoxjcazijcamqrrg7gmidmgkibbbfgdsywgmycqgfeeuyoxjcazijcayqrrg7gmidmgkibxbfgdsywgpsaqkymjuzajbqmtwoagiwaghxbydtn8rhgfet&sourceid=chrome&ie=utf-8#fpstate=ive&vld=cid:ef935ff4,vid:3hzptbvkpns,st:0

Oil well perforation is the process of creating holes in the casing and cement of an oil or gas well to establish a flow path for hydrocarbons from the reservoir into the wellbore. This is typically achieved by lowering perforating guns, which contain shaped charges, to the desired depth and detonating them. These explosions create tunnels that allow oil and gas to flow into the well.

Oil well perforation success rates vary depending on factors like geological conditions, well type, and the specific perforation techniques used, but generally, success rates can range from 72% to 100% with modern techniques. Improvements in technology, such as 3D seismic and advanced fracturing methods, have significantly increased success rates.

Gazelle-1 perforation and test. The workover rig will then move the 5km from Heron-2 to the 2019 Gazelle-1 oil discovery well to perforate and test the pay zone identified in this well. The reservoir quality in the pay zone looks good on logs suggesting that permeability and so deliverability may be better than average for the basin. If successful in establishing commercial flow potential, Gazelle-1 will be put on stream during the 2025 operation season. Testing at Gazelle-1 will not only provide the opportunity to add to Block XX production in 2025 it will also provide useful information about the potential reserves upside in the Gazelle structure and how best to target these through future side-tracking or appraisal drilling operations.

Gobi Bear-1 perforation and test. It is also planned that the workover rig will move the 9km from Gazelle 1 to the 2024 Gobi Bear-1 exploration well to perforate and flow test the zone of interest identified on logs. The potential for oil pay being present in the well has been enhanced by the identification of migrated oil in cuttings samples but to be definitive a well test is required. A successful oil test at Gobi Bear-1 would be a significant result as the structure has substantial resource potential.

Don't assume all LT investors are losing money. I have been building a SH for over 10 years.

Tend to go up to much and down to much.

MATD a good opportunity and the current SP.

Https://www.mining.com/gold-futures-jump-to-record-high-on-us-tariff-surprise/

Marg , I have numerous green box's , don't give a monkey's armpit.