on SETS each company has to have at least one market maker nominated to ensure that shares are available to buy or sell at the advertised NMS. Typically there is more than one MM active in the market for that company. The big difference and why it is harder for them to skew the market is that their Bid and Ask offers are simply part of the wider book which includes everyone elses hence the share finds it's true value based on demand and sentiment. Nice to see you long again @gkb47.
RE: i3E write up from last weeks Oil capital conference...05 Nov 2019 13:46
O&W - 30% RF is very mean spirited for that area - closer to 50% is not unreasonable. Also $2bbl is extraordinarily conservative given proximity of the infrastructure already there. $5 wouldn't be outrageous.
From the recently released video of last weeks O&G conference. At abut 19.5 minutes from the slide labelled Serenity: - 13/23c-10 well encountered a sequence of Captain and Coracle Sands - oil confirmed in the interval from 4047ft to potentially 5252ft TDVSS 165 TVD sands in total - Nett oil interval in the Captain sands was 10ft of high porosity (30%) sand and thicker than in the up dip Tain discovery - Consistent with i3e's expectation that the Captain sands thicken to the West of Serenity (as demonstrated by the 150ft of sand seen in the offset 13/23a-7A well situated to the west of Serenity) and if connected to Tain, represents an oil column of 622ft TVD in the Captain sands alone.
@Richken - "clones" of the ELIDZ electrolyte plant making electrolyte using BMN produced Vanadium oxides is very feasible. I thought you were suggesting some kind of just add water "cup-a-soup" type system which I think is less feasible.