Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I used $100oz because Tigers are taking the project to full feasibility. Take a look at this link for in ground valuations for gold miners: http://www.munknee.com/2011/07/how-to-value-a-junior-miners-gold-in-the-ground/
I haven't done full calculations for projects because I will sell before full value is reached and move on. The Jelai project with 2Moz inground, 30% for KLG, is worth about £30million mcap which is 18.75p sp before dilution. The KSK, if they find a Grasberg style deposit, could be over £10 sp. I am looking for an sp in the £'s. I hope this helps.
We are in very exciting times for the KSK. The prospect contains outcrops similar to the link below: http://en.wikipedia.org/wiki/Grasberg_mine
I don't post much, as you can probably tell, but I have decided to only post in the shed in the future. If you want to converse about KLG or other stock here I am happy to respond :-)
http://www.dailymotion.com/video/xiqmgt_fischer-watt-gold-otcqb-fwgo-chicago-resource-expo-2011_news http://people.forbes.com/profile/peter-p-bojtos/6558
http://thesharehub.com/wp-content/uploads/2011/10/PCI-Briefing-Note-Gramacho-30-Sep-2011.pdf
Global mail to investors. • The well is located 5km north east of AT-1 and 4.5km North West of the AT-5 well in an undrilled section of the field. It was located based on 3D targeting a structural pop-up feature, and specifically the damage zone of an interpreted seismic fault with the expectation of encountering natural fractures and improved reservoir. All of these objectives were achieved and each has contributed to the flow rate achieved. • Following the logging an open hole packer multi-stage completion was run with three separate zones isolated for individual testing. These open hole zones are Upper Ordovician (1499-1510m TVDSS), Middle Ordovician (1511-1521m TVDSS) and Lower Ordivician (1522-1550 m TVDSS). • All three zones have now been tested without perforation or fracture stimulation. We will now proceed to frac the upper zone, however we expect that a frac on this horizon may also give us access to improved flow from the middle zone. • We were particularly encouraged by our ability to eliminate the small amount of water production from the lower tested zone by reducing the pressure drawdown across the reservoir. This bodes well for our ability to manage possible future fracture water production in this field, and will have a positive impact on our estimate of recoverable gas reserves. • As we have moved through the programme we have progressively tried to minimise the potential for formation damage and improve our flexibility for well testing selective zones and enhancing well test data analysis. Our open hole multi-stage completion has performed well in this test and has provided the flexibility to selectively test specific intervals in the pre and post frac condition of the well significantly adding to our understanding of the reservoir. This novel technology has been run on AT-7, which is the next well to be tested and will be run on well the final well in the program AT-9 which is currently being drilled. • The AT-8 result to date is the best pre-frac cumulative flow rate achieved by Petroceltic on Ain Tsila, but due to slightly different test techniques is hard to compare directly to AT-1 (AT-1 was cemented and perforated pre-frac, this is an open hole test without any perforations). We would, however, expect hydraulic fracturing to provide a further uplift to the flow rate.
For reference: http://www.edisoninvestmentresearch.co.uk/sectorreports/SeismicReflections300911.pdf
I only have been in SAR. They are very volatile and have traded them many times. i tend to buy about 1.5p. I don't know enough about this sector and have had my hands burnt, ie asm, but only with small holdings. Could they hold the cure for cancer, who knows? BW newfish
I hope you are having a good holiday.
http://www.bbc.co.uk/iplayer/episode/b012tr4g/Worlds_Craziest_Fools_Episode_8/
I am not invested here and I don't think you can. We use it as a board for off topic items.
No worries. I hope all is well.
I thought this is more your cultural interest: http://www.bbc.co.uk/iplayer/episode/b00vjgsf/Something_Special_Series_6_Art/ http://www.bbc.co.uk/iplayer/episode/b00t61g9/Get_Squiggling_Series_2_Ostrich/
http://www.stockbrokers.barclays.co.uk/content/misc/landing86.htm
Just posted to you on KLG. I don't tend to post very much but just keep myself to myself. I hope you have done well over the past few years.
http://www.digitallook.com/news/rns/4279285-104191/HMY-Preliminary_Results_html
http://www.reuters.com/article/2011/06/06/peru-election-idUSN0521409420110606
General market sentiment: http://www.youtube.com/watch?v=TU7JjJJZi1Q
This is an exert from the RNS yesterday: 'This contract remains subject to strict confidentiality constraints but the customer is expected to make a public announcement shortly and once this has been done, a more detailed announcement will be released.' We have now had the customer details but we should have the contractual terms disclosed next week. BW newfish