George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Yes, second that thanks. Cheers Mr Tomato, much appreciated, you've unearthed some cracking official documents. Other than count to dix or order a verre du vin rouge,my French is non existent so wouldn't know where to start.
Any company involved in selling LNG and FSRU services would be well advised to do similar to NFE and obtain ready access to non fracked gas. Ireland isn't the only place NFE are facing eco opposition to fracking, they've been getting it at home in New Jersey as well.
It would also be a very wise move to resubmit the application using an FSRU rather than the existing terminal. Like oil wells at sea, out of sight is out of mind, very difficult to picket a floating vessel and you certainly can lie down in front of one en masse or glue yourselves to the access roads.
Opposition will only get louder and not just from eco activists and Europe. It isn't beyond the realms of possibility that the Democrats decide to wage an all out war against fracking in a couple of years time. If the Republicans are in a real bad state and look incapable of winning the next presidential election, why not?
Quick question if I may, I'm in PRD so likectonrhink we'll be working closely together in T & T sometime soon on EOR.
Today's report said you are now working with Hertiage, NGC and a Footse 250 company. Could anyone tell.me.what is NGC and which FT250 company please.?
Thanks Nico
Link to today's Malcy blog as TRIN get a good mention for anyone interested. Interested to see they are partnering with the University of the West Indies as well as Heritage. Something to check out later.
https://www.malcysblog.com/2021/05/oil-price-union-jack-egdon-europa-trinity-and-finally/
Thanks Lochnez, always good to have matters confirmed, I'm not a geologist or chemist but commonsense dictates two different beasts. I swear way back I'd read posts claiming the same technology would work for gas as well.
I was just thinking if we are going to be supplying non fracked LNG to Ireland, where better than from T & T where we have strong business partnerships?
I got a little excited on finding T & T is the 5th biggest LNG exporter to the UK, thinking even easier to transport to our FSRU on the west coast of Ireland.
However, see link below, all is not rosy in the garden and Atlantic LNG are having problems because of a shortage of gas.
According to another report I read, shortage of gas has been hampering ammonia production as well as LNG exports. I'm pretty sure our CCS EOR is only of use to produce more oil and not gas though, could anyone confirm?
https://www.argusmedia.com/en/news/2167011-trinidads-lng-output-to-fall-further-on-gas-deficit
The world is finally starting to wake up to the fact that IT is not a carbon free industry whether that relates to working from home, online banking or internet shopping rather than driving into out of town retail parks. I worked in IT for years never giving a second thought other than reminding our staff to turn PCs off each evening for the good of the planet.
Elon Musk's refusal to accept Bitcoin should help concentrate minds of of Dublin's decision makers as it's the data centre Capital of Europe. He's not letting matters lie either and glad someone drawing attention. The Bitcoin mines in China and Mongolia are mainly powered by dirt cheap, state subsidised electricity from power stations burning as much coal as possible before the world agrees enough is enough.
https://www.cityam.com/bitcoin-gets-the-jitters-as-elon-musks-curious-meddling-continues/
Truly excellent news, maybe not short term as I'm sure the wily Chinese will pick this up on its significance before the rest of the market gets out of bed..
Grest news on two fronts for me because I hadn't realised Adonis was a non executive director. I'm in PRD, about to drill in Morocco where he is Acting CEO of CHAR- I like to keep an eye on other o & g companies on the manor and I've been very impressed thus far.
Truly excellent news, maybe not short term as I'm sure the wily Chinese will pick this up on its significance before the rest of the market gets out of bed..
Grest news on two fronts for me because I hadn't realised Adonis was a non executive director. I'm in PRD, about to drill in Morocco where he is Acting CEO of CHAR- I like to keep an eye on other o & g companies on the manor and I've been very impressed thus far.
See below, I've not subscribed but the headline says it all-just incase anyone still worried that we have been singled out, up.yo dodgy dealings etc..
https://www.africaintelligence.com/mining-sector_exploration-production/2021/04/27/as-big-players-move-in-govt-shores-up-a-mining-code-written-for-shovels-and-picks,109661108-ar1
As big players move in, govt shores up a mining code written for shovels and picks..
Mossma, I've been trying to dig out an article can't find it. I'm sure that I read that New Fortress Energy were resubmitting their application with an assurance that they wouldn't be using fracked LNG. As most US gas is fracked, I'm thinking they could be looking at T & T as the source. They were obviously looking at importing fracked US LNG first time around, so transporting across the Atlantic from T &T instead shouldn't be an issue.
T & T is the UK's fifth biggest LNG supplier after Qatar, Russia, US and Algeria so infrastructure for trans Atlantic supply is already in place . I'm presuming operation Rainbow is still going full steam ahead despite the decision in Ireland make no decision about LNG importation for the time being.
Surely, if they persist in seeing no sense, we can move our FSRU up and around the coast to sell to Northern Ireland, who can then sell it to the South. (Along with the fracked LNG from the US that we import)
Each to his own Black Dog, pleased to see you back posting, you have an air of dignified calm even when displeased.. I try not to do the past, pets or in animate pocessions of any description for that matter so not my cup of tea, but hey. I'm not you, we all cling onto various lifejackets through the stormy seas of life. Probably a lot better than pretending you've got sciatica from a broken leg four years ago to enjoy opioids on the NHS. Said, I have a bag full of my life in photos I can't pluck up the courage to bin just yet...anyway back to business
Just a reminder below that Morocco definitely seems to be looking towards Europe for the future. Who knows, long term.vision maybe EU membership. We've got the best country in Africa to be doing business with and I'd say the best in the Americas, US and Canada being too big and transparent for my liking..important decisions in small countries (Ireland aside) can happen so
much more quickly without the need of full scrutiny and endless, tiresome committees and sub committees of committees..
https://youtu.be/Xq_chKzZ6L8
Morning MEM. Curious to know what you think could be the real driver behind Massy wishing to be such close partners with us. They are a £600 million m/c company with diverse interests in Colombia, US as well as being a big player in.the Caribbean.
So, either they see us as potentially a huge player ourselves of similar size-which is great, people on.this board have wrote enough convincing argument to think we could 10 bag or more from here.
Or- like me we both think something else is afoot. For me, it's ammonia maybe for hydrogen power stations in Ireland or Morocco. Alternatively for the phosphate fertilizer industry in Morocco. Paul is nothing but smart enough to know which way the wind is blowing with ESG and 'Greener' energy.
Currently 9% of the UK's gas is imported LNG. This presumably means it is pumped into the national grid where it mingles with our own North Sea gas and imported natural gas piped from Norway and Russia. Thus 9% of the gas we export to Ireland is likely to.be LNG- or am I missing something and there is some kind of gas apartheid going on in the grid and gas from various sources is kept separate in the national grid?
Excuse me if this is a silly question, I'm not of an
o & g background and assumed gas was gas, unlike oil which we know has different grades suitable for different usages.
This is quite interesting for anyone like me who would like to think that we could somehow get involved in hydrogen. I really think our partnership with Massy will pay some real dividends.
https://www.gasnetworks.ie/corporate/news/active-news-articles/hydrogen-climate-targets/
If Ireland is serious about hydrogen, we should be able to lay our hands on plenty of ammonia courtesy of Massy.
If Ireland is serious about C02 EOR, we should be able to lay our hands on plenty of C02 courtesy of Massy. Corrib could do with a shot in the arm. It is already down to producing a third from peak production, it has only been opetational since 2015.
Nice one Wacky. Sure he's realised the potential of CO2 EOR, and will want rapid expansion across
T & T. He may well also have woken up to the fact that the technology could be worth a fortune by offering the service to neighbouring countries. Hopefully it will be up and running, fully proved with benefits on display before neighbours have even got around to seriously investigating its potential. Venezuela for example, have bigger fish to fry so sure will be at the bottom of any o & g industry 'To Do List'. Plus of course, Venezuela produces heavy crude that will really benefit from wells flowing more efficiently.
The ree analogy wasn't a cheeky cross ramp for RBW by the way, they are not doing well. . Merely a ludicrous example of US politicians putting ideology i.e. lassiez faires economics - government shalt not assist loss making companies' such as MPM befor national interest.
The fact that the Irish Greens would rather continue with the status quo, i.e. dependency on the UK rather than allow fresh drilling and energy security is similarly self destructive. Since we now know how much more of a carbon footprint importation causes, disgracefully cynical to boot.
Yes, a timely reminder, thanks for translating and reposting Lovely Boy. It was a great find by Mr Tomato, but in all honestly, it shouldn't really be up to board members to go out unearthing Burundian government documents to shed light.
Surely Flagstaff and our BOD would be aware that it would steady jitters by reassuring the market that this was a review of Burundian mining royalties across the piste and not focussed just on RBW and Tyssenkrupp.
See below- Irish electricity prices rose quite considerably on 1 April, and let's not forget, their lockdown has been a lot harder than ours. There must be a lot of people struging to.make end meet over there.
Also gas prices hit by a 25% increase in carbon tax this month as well, which is shown quite clearly on the bills to concentrate the minds. Currently €75 pa for average household so now nearer €100.
It could soon be costing an awful lot more if they irk Boris. Dependency on the goodwill of a potentially belligerent supplier isn't a good place to be- check the US needing to buy processed rare earths from China in order to make EVs, wind turbines, F111s and missile guidance systems.
https://www.thesun.ie/news/6787650/energy-supplier-price-hike-energia-airtricity-pinergy-bord-gais/