Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have 2.5m of these so have suffered a significant paper degrade of wealth.
I appreciate any post with useful and/or thoughtful comment, this assists in my decisions to buy/sell/hold.
The loss of any poster that contributes useful or thoughtful comments would degrade the board. I make my own decisions after reading the posts as should all.
Mud slinging and insults do not assist in any way.
Hello Quarryman1.
Investing is for the long term, buying and selling (trading) is short term. 14p, as an investment is good and could even be good for a near term trade.
Realising the PRD potential requires patience as an investment.
Hi Peter.
From the latest RNS:
The combined effect of CO2 injection and the amount of enhanced oil production for this period resulted in a net CO2 emissions reduction of 458,100 kg (equivalent to 799,795 kg of C02 emissions if the oil is burned when taking into account C02 sequestration) and "greener" oil closer to the C02 emissions level of natural gas.
EOR has a net reduction in emissions. Oil will be required for some time for heavy transport (shipping, air and freight vehicles). Also required for plastics (which have their own environmental issues associated with end of life).
Gas being burnt instead of coal, peat or oil has a net reduction in emissions. Increasing available gas reduces price and offsets high emission burning.
Investing in PRD means investing in carbon reduction.
Gas is the low emission transition fuel
My biggest suggestion would be for your son to take monthly meter readings and, using the government conversion factors, calculating daily emissions of your household then taking actions to reduce. Personal actions are more important than hoping companies, government or others will do it
@L.ash.
I don't have He1 as an energy company. Helium is an inert gas, it's one electron shell is full meaning it does not react with other atoms, it would be used in nuclear fusion generators as a coolant for the magnets which is an energy claim.
It has many remarkable properties, including inertness, that make it valuable but generating energy is not one of them.
Thank you S82.
Geothermal is a very interesting possibility for energy extraction but local factors are key. If the PRD local geological structures are favourable and there is a method of transporting the extracted energy to a viable point of use it would be worth pursuing as the costly drill process would have been achieved.
I spent the last 12 years of my working life as an energy manager, living and breathing energy, which involved a number of investigations of potential geothermal in Cornwall amongst many other investigations into energy reduction and energy sources.
Though there are high temperatures at depth that alone isn't sufficient for energy extraction. As thermal energy is removed it has to be replaced by conduction through the surrounding rock. Generally, the feedwater is injected into one pipe, passes through fissures in the rock and is extracted as steam from another pipe. This cools the surrounding rock which has to be able to re-heat at a rapid enough rate to allow for commercial viability.
Nitrogen, as N2, makes up 80 percent of the air and is not harmful. N2O is nitrous oxide, laughing gas, formed in high energy processes such as the Haber Bosch process, lightning and the flame in your boiler or internal combustion engine. It is a carcinogen and very powerful GHG.
My understanding is that they are venting Nitrogen (N2) not Nitrous Oxide, commonly referred to as NOx.