Member Info for NICODEMUS63

That is very good news indeed GRH. I'd read Malcy's blog, I should have read the RNS rather than just the quoted highlights.

Funnily enough I got that impression on Malcy's blog yesterday that we could somehow be in the frame but couldn't put my finger on why.

TRIN are clearly planning on utilising technology to improve production on their onshore wells by doing business with third parties. However EOR wasn't specifically so I thought maybe just wishful thinking.

I'm a big fan of Malcy, he put me onto RRE, PRD and TRIN as they were the three companies he was repeatedly praising most at the time. Got out of TRIN as only do much cash to go around but I think they are going places and would be a great company to us to be in business with.

https://www.energyvoice.com/oilandgas/asia/319765/russia-and-china-set-to-ramp-up-small-scale-lng/

An interesting article. I can't think of a better place than T & T for the Chinese to gain a foothold. A small politically stable nation that has the potential.for great things. Awash with oil and gas, and a highly developed petrochemical industry, already big in LNG exports. Quite a feather in the cap.

Wacky, as for which way Venezuela will turn to try and rehabilitate herself who knows, the smart money would be towards your neighbour but Maduro is not smart.

I spent a fortnight there in '92 and it pains me to see how one man, Chavez has destroyed a nation that had a thriving economy. Compared to Columbia, Mexico or Brazil it felt almost European.,certainly saw less homeless and beggars in Caracas than London.

Obviously two sides to every story and I didn't venture into the favelas/barrios but now everybody is poor, not just the poor...

Sounds very possible GRH. Feet under the table in three parts of the world, where they don't currently have much of a presence; Western Europe. North Africa and The Carribean.

T &T is within within spitting distance of Venezuela, largest reserves of oil in the world I believe. Also in desperate need of a helping hand to turn the nation's fortunes around. I read as well that the heavy oil they produce benefits most from CO2 EOR making it less viscous and more free flowing. I'm not a chemist or geologist but can see how that makes sense.

All very exciting stuff. The Chinese are certainly very busy around the world, I'm in RBW and we've had our export licence suspended in Burundi. Some board posters reckon the Chinese have been whispering in the ears of the government that they are being exploited by western mining companies and ought to renegotiate royalties... Certainly not beyond the realms of possibility.

Not beyond the realms of possibility Wacky. T & T would prove a great sandpit type test environment for the Chinese to hone their skills to take back.home and maybe improve on our product..

BPC seem beyond salvation, selling below the intended placing price now, I've long thought we would somehow benefit from.their demise. Partnering with Chinese boffins, chemists, geologists, engineers all desperate to help clean up their nation's carbon footprint, a bit of an Achillies Heel when been hectored by The West.

Paul.thinks big....

https://www.malcysblog.com/2021/05/oil-price-zephyr-far-trinity-sdx-helium-one-and-finally/

Nice one Wacky, Sinopec are without doubt due over in T & T to check out the fruits of our joint endeavours ( PRD, Hertiage, Massey)

Where better than T &T? A lot of ethic Chinese in Trinidad, so maybe that's how they have become interested in our small venture.

Sure they can also spend time there in good faith without the locals accusing them of trying to electronically eavesdrop on their Carnival preparations, steal recipes from.their spiced rum distilleries or other such paranoia..

I must get out more Highlander. I've just watched the advert on Youtube, rather like Adolf Hitler being mistaken for being German , they were Austrian.

£25k SDX shares traded this morning, £470k PRD shares -

We have the same market cap so doesn't look like much excitement over there. Can anyone remind us all how much more gas reserves are we are targeting?

Only joking Dragon, I've no idea about binoculars, just thought it sounded good because sure Swedes make mighty fine ones- it's something boring they would do as they are an outdoorsy type of people- unless of course used or deviant pervy purposes, spying on sun tanned blonde maidens taking a naked dip in a crystal clear mountain lake or similar.-

Ps. Just decalled why I thought Swedish bins sounded good quality, Rowan Atkinson owned and lost a pair in a Barclaycard advert many years ago...

https://www.google.com/url?sa=t&source=web&rct=j&url=https://starvalleydrilling.ca/wp-content/uploads/2020/04/SDX-Drilling-Preformance-R101-Morocco.pdf&ved=2ahUKEwieyPrBzK_wAhVfThUIHTEiAzsQFjABegQIGBAC&usg=AOvVaw0aevdmKD30iLpagxGiIc69

Some nations just engender trust, I'd hire a Canadian oil rig myself. You can pretty much guarantee that they won't compromise safety and competence with speed and efficiency. It will be a job well done. Like buying a Swiss watch, a German car or Swedish binoculars..

Yes Timothy, assuming we are still using the Gregorian calendar we all know that if we don't get to drill until July, that will be Q3 and not Q2 as promised. No need to state the obvious is there? (other than to sprinkle a little Hobgoblin dust o the board rather than Pixie dust as is your MO)

Bang on form, you end with a innocent little question 'Hi guys, can you help me out with something...'

Heritage are leading a number of sessions. Sure we'll be getting our 15 minutes fame by association. Imagine us getting taken under the wing of a huge Chinese company..

Exciting times ahead...

Sure this has been.posted before but we have s lot of new investors. This article highlights how precarious the energy situation is in Eire. Their power stations will continue to struggle if their eco purists continue to block using gas as a transition fuel. All stuff I'm reading recently has fracked gas as the Villlain of the Piece though rather than gas per se, so fingers crossed..

https://www.irishtimes.com/business/energy-and-resources/gas-demand-in-january-reached-highest-level-in-over-a-decade-1.4492638

Seriously I like it, Project Defence' should be just up the street for the ex military, shiny shoe brigade like Turgenat and IDS. China is the new USSR but on steroids. China can but mug them off, Hong Kong, Taiwan, Tibet, Uirguhrs..that's political, as for economics they are now free to under cut our industries like steel.

Glad they mentioned PRE and Mkanga, cos other than RBW there are no other UK players.Just shows what a niche market we are in. It won't be long before all three of us are talked of in the same breath.

Sorry please ignore my last post- that article in the Irish Times was from April 2020.

A little more digging around leads me to believe the interview in The Irish Independent was wishful thinking on behalf of the of New Fortress Energy. See below, article from.less than 48 hours earlier in The Irish Times. Certainly isn't a done deal as far as Europe is concerned.

https://www.irishtimes.com/topics/topics-7.1213540?article=true&tag_company=New+Fortress+Energy

Nice bit of news Joey.

See below from Nov 2020. The New Fortress Energy project is separate to ours but was blocked due to concerns about US fracked LNG.

If it has now been given the ok, I can only think that they have agreed to import non fracked LNG.
That is very good news, whilst it would mean we have a couple of rivals selling LNG, they will surely give us the go ahead as we are greener than them. We aren't using non fracked LNG under duress, it is part of our company ethos.

As a Brucie bonus for any 'green at heart' investors like myself- I'd like to think our non fracked competition helped force their hand, if of course they only got permission because they have changed tack re fracked gas.

https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/111020-new-blow-for-us-lng-in-europe-as-irish-court-quashes-shannon-lng-consents

Realise this document is ten years old but what interests me is that it mentions Neodymium and Dysprosium and Praseodymium for production of magnets. When I first bought into RBW last summer I'd read more than one article suggesting Nd and Dy were the main.magnet rees and Pr was used in lesser quantities.

However, it now all seems to be about Nd and Pr with Dy taking the back seat. We have all three (plus Terbium) in South Africa so great stuff but wondered if any miners or magnet gurus out.there can confirm which whether Pr or Dy is the most lucrative to mine/extract?

Before your shares become as worthless as those in BPC or a ten billion Deutschmark banknote printed in the Weimar Republic...

Don't delay, check our price against HUR in a month's time..Yesterday Zak Mir reckoned we would drop to 12p or head towards 30p..up 25% on the week, plenty more to come..

Paul Giffiths is the don, CCS EOR is the future for
o & g thanks to Sleepy Joe's Green Revolution.