Member Info for NICODEMUS63

Just copied the paragraph below from a post on the TXP board. I think it bears testament to Paul's years of perseverance and diplomatic skills, to get as far as we have, and to continue to has headway through some quite draconian covid restrictions.

How to get things done in Trinidad - gentle pressure applied forever. Plus covid has hindered in person face to face meetings where you can hammer things out.

That is cracking news Fulmar, let them concentrate on processing the stuff instead. Less competition selling concentrate, carbonate or oxides the better. Within a few years we should have a choice to sell to US, UK, Australia or Estonia as well as China.

I thought you were being paranoid Dave, maybe investing in BPC had taken its toll but I think you are right. Oilman's grumble and my subsequent cheeky PRD cross ramp have vanished.

Feels like a Stasi type political commissar sitting at the back of the classroom to ensure the students stay on message.

Anyway, good luck with Saffron, your good fortune will be mine, sure of it, reckon the new energy minister seems very keen to turn the oil, gas and petrochemical industries of T & T around and all invovled will be well rewarded. Let's not forget, this is the 3rd most wealthy nation in.the Western Hemisphere, build the base slowly on steadily from here. A solid foundation before any more exotic adventures.

Always good to see our face in the frame Chislehurst. Summed up.the absurdity of the Ireland situation as well. The more exposure to the test of the world as they repeat the fracking argument, the greener than green we will appear.

We must be confident in laying our hands on plenty non fracked LNG and sure it must be coming from T & T. I can only presume we are flavour of the month over there because I'd read that Atlantic were having a bit if a gas shortage, but there is a lot going on drilling wise with TRIN and TXP so Paul may well have that angle covered. After all we can trade our CCS eor expertise for T & T non fracked natural gas or LNG, I'm sure.

Excellent, thanks Sussex, Fulmar. Much appreciated

Ok, thanks Sussex; a supplementary question if I may.

A. Does processing carbonate result in a mixed bag of oxides that still need separating?

or

B. does the processing of the carbonate kill the two birds with one stone and produces ready separated oxides.?

Cheers Nico

A quick question if I may, as I'm still relatively new to rees and mining in.genetal.

In the RNS it said that the separation process would yield carbonate and oxides rather than concentrate. Obviously carbonate will still need to be sent to China for processing, at least for the time being. However is not the usual processing path concentrate>carbonate>oxides?

If that is the case, then do we need to send the oxides to China for further refining or will they be 'good to go'?

https://oilprice.com/Energy/Energy-General/The-IEAs-Seven-Pillars-Of-Decarbonization.html

Good to see CCS sneak in as pillar number seven. We really are in the right line of business, and as Blissful has cross ramped, I'll treat myself to a cheeky one as well. Mind you I've already ramped PRD on the RBW board so returning the favour.

Number four on the IEA list us renewables, RBW mine the Neodymium and Praseodymium needed to.make super strength magnets for the wind turbines needed to fuel Biden's Green Revolution.

Cracking Tesla, I always felt we could help turn T&T's ailing oil industry around. We could also be pivotal in turning the petrochemical, gas and thus the whole nation's fortunes around as well.

Already they have an advantage over the US by selling non fracked LNG to increasingly discerning customers across the Atlantic. With our help with carbon credits they could in future be selling carbon net zero LNG to the UK, hopefully Ireland and even Morocco......and more customers are getting more of a green conscience as each day passes.

It's not just The West, Malaysia halted the Lynas operation for the same reason, just the way the world is slowly beginning to reprioritise.

It puts us at a distinct advantage over our competitors we wish to export to the US, UK or Estonia for processing as our product from the gypsum stacks will require less cleaning.

https://www.aljazeera.com/economy/2021/5/24/china-crackdown-forces-crypto-mining-operators-to-end-operations

Certainly be very interesting to see where the work is picked up. Nature and industry alike abhor vacuums and they are soon filled by the enterprising and versatile. I can see countries with hi tech tech infrastructure and workforce skills such as Estonia and Ireland taking up some of the slack. That would play havoc with Ireland's fragile electricity supply, they've already restarted burning coal aplenty to.keep the lights on.

Ok cheers Lochnez, didn't have my glasses on and misunderstood. Got excited this morning, there was a lot to take in , jumped to the wrong conclusion.

Yeah, same here Sea, I'm only in two shares now so not something I can make a habit of, but I got into RBW from a mention on the PRD board and liked the use of super strength magnets for EVs, wind turbines and high speed rail.

Oil is oil and sure we all know that ree separation in China leaves a lot to.be desired, but as far as
o & g and mining are concerned, I can make money by helping the Green Revolution with CCS eor and NdPr so sleep easily.......

Good morning all, a mighty fine start to the week..

Morocco. I remember a few months back when word got out about the planned FSRU for Morocco, myself and other posters were a little puzzled as the consensus was FSRU's were used for importing LNG rather than exporting.- so that is an assumption corrected and shows the ministry very confident that in future, domestic needs will be fully met and their will be spare to sell abroad.

T & T. Can anyone remember whether AT-5X was
a.retired well that we managed to get flowing again using CCS eor
or
b. a flowing well where we managed to improve flow using CCS eor?

I thought we'd originally tested on a retired well, but then remembered reading that flow had improved from 30 bopd to 50 bopd.(or thereabouts)

Shouldn't cross ramp Seagull but as you are into both fossil fuels and rees, (which will help make the Green Revolution happen with our NdPr for wind turbine and EVs) ....you may be interested in Predator PRD)

Presuming you check out Malcy's blog as you are in FAR and HE1. He refers to PRD as the Greeta share because of our use of CCS eor in Trinidad.
Carbon capture, carbon credits ESG etc is the future. PRD a great RNS today and sure Malcy will.mention this afternoon.

Had a good day today, only now hold PRD and RBW and two great RNS to start the week....expecting both to be above 20p certainly within a couple of months or earlier on good news from Morocco or Burundi. Fingers crossed, Pham already oiling the cogs behind the scenes..

Nice article in Friday's mining.com
The US establishment is starting to sweat more profusely, hopefully EU and UK will soon start sweating as well before too long. All good publicity for ree investors. Particularly liked the paragraph I copied below.

https://www.mining.com/usa-rare-earth-takes-80-stake-in-round-top-project-in-texas/

Investors are growing more interested in exposure to rare earths – 17 minerals used in military applications, ceramics, wind turbines, electric cars and medical equipment. China is the world’s largest producer and has threatened to stop exporting these minerals to the United States.

Not sure Bob. I've certainly had discussed on the board that Venezuela could greatly benefit from our CCS eor when they finally come out of isolation and need to kick start their oil industry. a. We are on their doorstep

b. They produce heavy crude that could greatly benefit from flowing more easily and expect heavy oil wells stop flowing naturally more quickly than light oil..

Can't recall though what sparked the debate, a comment from Paul or just a similar observation from a fellow poster.

Indeed Rudy, drawing attention to our little 'misunderstanding' by kicking up a song and dance is going to help no one. Certainly not the Burundian government as it will reinforce negative stereotypes of African politicans, civil servants or businessmen sticking their hands in the till at the first available opportunity. It would also highlight the risks inherent in doing business in Africa as well, which may make potential RBW investors think twice.

Agree Indisciple to mention again we are doing business with

T & T - The third richest country in the western hemisphere (ppgdp) thought I'd better add that before any pendants like Nigel point out Brazil.is 100x the GDP)

Morocco- the mostvtrustworthy nation to do business with, in the whole of Africa

Ireland- our closet neighbour

All three desperate for energy solutions to either resurrect their oil industry, develop their gas industry or (most desperately, they just won't admit it) )keep the lights on.

Ps. I'm in RBW in Burundi, our export licence has been suspended temporarily, govt ministers hands in tills by the sound of it, in cahoots with an employee of our local subsidiary- never say never, but, it's reassuring that we are in countries where such opportunities for temptation are far more limited.

Did anyone else think it interesting that our update re Pham was delivered by Adonis rather than George? We are operating in a highly politicised environment, employing the services of Pham who is extremely well respected in sub Saharan Africa. Adonis appears more, 'cosmopolitian' say than a white South African,. We are dealing with ministers and senior officials who will be of an age where George's accent may not endear them as much as we would like.

All conjecture of course, but we now have someone very well placed to do the politcs and schmoozing and a technical expert with serious business acumen in George.