Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
To be negative here but I cannot think that CH will be able to tell us anything new on 1st November apart from hopefully some hope for the rest of this year and a better 2024. Will have to wait and see I suppose but I cannot see any new big news this year.
Atb,
Northern
To the new published deserve figures based on the recently completed seismic.
Things starting to drop into place. Cumulative good news should all help the sp.
Atb,
Northern
I'm just hoping there will be some reassurance that we get production soon in Q4 from the Paradox and also that they can start to exploit the resources they got so excited about when they first drilled in the Paradox.
Atb,
Northern
It looks like the jury out re timing. I'm happy to wait and see. At least the time scales are now between say 2 month 7 days and 8 months. Either way if we get first gas flowing anywhere on that time line I'd be happy and it will at least be a sign that the company then operating as a proper producer.
Atb,
Northern
Thanks for your comments Rojo,
Like you say still quite a lot to sort but will be interested to see what figures they give 're the new assessment based on the 3D Seismic - I believe the reassessment is due this year.
Atb,
Northern
Really think there will be has being produced by As a by the end of the year?
I was interested to see in the Scirrocco divestment that they are expecting has around December time. My own opinion based on past delays - usually on the Tanzanian side - was first gas in Q2 next yesr.
Will be interesting to know what other people think. My thought is on first gas the sp will move up higher and I am thinking of investing some.more in Aminex but.am.not sure when - most likely November this yesr.
Atb,
Northern
Of the Paraguay drill having got underway. I thought they said it should have started drilling at the end of the first week of October. I don't think I've missed any news? Come on Molecular let's get the drilling started and some interest back in the share.
Atb,
Northern
His usual enthusiasm for the Zephyr RNS today with the p word. Yes, definitely patience required hopefully by the end of Q1 2024 - things will be a lot brighter.
Atb,
Northern
Of things on a few different fronts now which should all cumulatively when they are added in should increase production. This year hasn't produced the results expected 're the Paradox and looks like we have say a further quarter delay 're the results from the 36-2 well. So maybe Q1 2024 (please get the 36-2 right this time!) will be when all things start to come together.
Atb,
Northern
Interest coming back to the share. Here's hoping between the Tanzanians and At a they can keep progressing things.
Atb,
Northern
Divestment Scirroco are looking for first gas revenue in December 2023. So, it looks like I will be proved wrong with my estimate of Q2 2024. From what has been mentioned in the RNS it sounds like there will be a decent news flow now. Fingers crossed that all these things happened and that they make better progress than I had anticipated. Any news on that pipeline?
Atb,
Northern
Thanks Panch,
I suppose it shows progress, simplifies things and move things on a bit. Here's hoping for a continued news flow and a move towards first drilling.
Atb,
Northern
Decent jump in the sp today.
Atb,
Northern
Week next week and that the sp continues to move up like it was doing on Friday.
Atb,
Northern
To next week now. Let's hope we get some really good news.
Atb,
Northern
The sp seems to have shot up this afternoon.
Hopefully good news next week.
Atb,
Northern
Be next week now. Cannot see them announcing the spud on a Friday. Hopefully they can get this moving soon. Have been waiting years so a few days won't make much difference but will give something to be interested in.
Atb,
Northern
Absolutely agree, especially with the excitement on the pressure of the well when initially drilled. Only reason I asked was trying to get some sort of feeling for timing. I've found that as time moves on with shares that have a potential issue to sort the longer it goes on the more the sp drifts down.
Atb,
Northern
Hi RogerJolly,
Originally they were talking about drilling this month. It now appears that they are talking about drilling at the end of this year. However, I haven't been able to find details 're the pipeline having started, or how it's progressing. I've therefore added another quarter on from.the end of this year.
Atb,
Northern
Than myself 're drilling and sidevtracking, the question is - given where Zephyr are currently with 36-2 how long should it take to decide on and carry sidettrack of 36-2, or is it all in the hands of the insurers?
Atb,
Northern