The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
P9 of the pp shows they didnt want to use small guns and sand jetting is the way to go. and donalb our drill hole is only 1140mtr deep,the leviathan drill to 5000 mtr at sea cost $92.5million way back in 2010,($180m with inflation?..)being on land looks to be a way better /cheaper option,and no worries about the helicopter cant fly as there is a 5 day storm/high winds so the crew is stuck and getting hungry ,with the last toilet roll being auctioned for £30,for 6 sheets...
Thanks keith for explaining the chart,so the $13.7 billion a year is a conservative number,and if we have more than 7tcf,how much more? didnt someone estimate that 4tcf would make us worth 4 billion mcap? and this is only 4 holes in morocco,we have ireland,trinidad and more exploring in morocco to come,thanks for all the technical input/advise for us average investers. the picture on pp14 looks a perfect under ground cavern to trap the gas/oil,this is going to get exciting in a few weeks. gla.
We already have some copper,they stopped chasing it when a mountain of titanite got in there way,i believe there is still a lot of groung to cover so its on the back burner for now as they have hired at least 2 ti specialists to look at the pitfield titanite mountain,and as ti is a critical mineral there should be no reason not to get government funding,millions are available,this would be better than a early jv,we will get more once the drilling has been tested,and other areas explored a bit, as this is a huge area under licence, roughly 25 miles long,you wouldnt want to get a puncture on your bicycle whilst exploring that..
Didnt think we were allowing people from up north into london anymore,did you get a day visa or a 2 week holiday visa,,,(only joking) and as for the train we now dont have the money to connect the hs2 , a shocking state of affairs,its not as if a train ticket or season ticket is cheap,its a total ripoff . hopefully the journey was worth it and you will be travelling by limo soon with 7tcf under morocco. lets not forget ireland and trinidad still in play and 14 areas in morocco still of interest once we have proven up the gas flows after sand jetting a bit of mud. a exciting summer to look forwards too.
I would of thought the pareta drive fleet management system would attract a few companys thinking of going electric,being able to track the vehicles and there ev useage/range/kw used would be valuable to amazon as they plan to use 100,00 electric vehicles by 2030, we show cased this at the solihull motorbike museum on 28/29th feb 2024 at the future propulsion conference,i wonder if we have had to sign a nda on any of this as no news lately..
Ageos,thanks for the input/research,so we might have 4 to 6% ti in a sample up to 67% titanite,still looks good to me compared to the russian mines, and pitfield looks far easier to get at, and its close to everything we could want,we just need someone to stumble across a small mountain stream nearby containing a high % of hydrobromic acid to make this a "dream share".........
So basically they are happy to mine ore with 3% titanite(acid leeching) and ours has up to 67% titanite,so the only argument is ours is too good/high%. we need to find some lower grade ore,according to lovery handleman?? me thinks this is going to be a winner,big time.....so it might need more acid as we have toooooo much titanite compared to other finds/mines in use today,a nice problem to have. thats why we are employing the people we have just hired.
The details of how to extract titanite,, try science direct, international journal of mineral processing, vol157 pages 98 to 102 published 10/12/2016 im sure mr shaun bunn et al have read it and it looks quite easy,room temp and room pressure,hydrobromic acid leaching and chlorination. it uses air and coal,with hydrobromic acid that can be recycled. this gives synthetic rutile or titanium tetrachloride. thanks to mr kustov and mr parfenov in 2015. P.S.can someone ask them tomorrow and see if it really is that easy,and also check a gallon of hydrobromic acid costs less than £1000 a go... alot less i hope as ive a feeling we might need a lot of it in a few months when they build a pilot/test plant. gla.