Member Info for rfarfa

Indeed what does it realistically really matter as long as, we get the 2 proposed drills next year.

And ain't that true! Muppet

What will be, will be.
"Dealings are carried out by computer programs software" = a set of instructions designed to perform a specific task (algorithm with no human input)

csw12 As ive stated the MM's are a puzzle, however that said googling has lead me to understand that in the main MM's dealings are carried out by computer software programs as is the use of super fast computers for trading, just come to mind that people use computer programs for split second biding on eBay.

13:51 I myself would add that it's not only MM's that puzzle me, having alluded to on several occasions being offered the same price all day for every combination of purchase or sell, from millions to thousands when the share price has been changing all day.

"Am I missing something" Well yes how much a company bids is down to their due diligence, taking into account all parameters, obviously taking into account of the expenditure costs to actually arriving at a bid price, that they believe is sufficient to meet their goal.

It appears to me that people are choosing to micro analysising many aspects of this company's prospects/journey but fail to apply the same criteria to "Multiple bids received"
These bidder's have to spend a fortune in time and money to be able to place a bid, and depending on a company's policy they may have had to pay a substantial sum of money for the keys to the data room.
I'll resist stating the obvious!

Dazzle 1000, it was a figurative expression! Meaning he never fails to highlight the risks.
That off my chest, I agree with you 100% but until the Government change the tax laws nothing can or will be done. I have no intention of holding my breath on that one. To simplistically give an insight to a major problem that could help the countries money problems is.
Companies send profit off shore, and invest the proceeds. They have a monthly wage bill, do they use their own funds, no they take out a lone, which can be set against tax. Obviously our politicians are completely oblivious to this scam! Please vote yes or no on that one.

Oh for an edit button! or should it be, OH FOR AN EDIT BUTTON (LSE)
iceroad

One has to keep in mind that the Alaskan Government have very strict Tundra travel rules. before snow they get rain therefore I would think that the ground needs to be frozen somewhat, but not to the extent needed for an overload.

How sad responding to my own post!
"But that will not obviate the time frame needed to be able to generate enough powder to charge them all".
No doubt this is why Rolls Royce have in development a mini nuclear power plant expecting to be bringing to the market by 2030.
A share tip for the offspring comes to mind, junior ISA allowance now stands at £9900. On their 18th when they take control of their pot of gold, just remind them it was by way of uncle R.fa

One could perhaps become confused by the following after reading my input on this subject, but i concur with your observations. When I added ( H2O) when referring to a engine running on water, my conclusion immediately at the time was what a load of whatever. Then I concluded they had extracted the hydrogen from the water, which was the only explanation, especially when you factor in that hydrogen is the largest % of town gas, and that was used as an alternative fuel for vehicles during the war. Perhaps when Mr Tesla finally produces his million mile battery life batteries electric powered cars will become the norm.
But that will not obviate the time frame needed to be able to generate enough powder to charge them all.

But doesn't this thread discussion alude to DJW always qualifying his statements with basically there is nothing certain in life other than tax and death.

Well there is an echo, but thanks to Google I've learnt something new today, it is said we live and learn.

Well there is an echo, but thanks to Google I've learnt something new today, it is said we live and learn.

Time to put this thread to bed, the link is obvious, but realistically the fundamental problem is still not being addressed, by your submitted argument. Yet another pound,shilling and pence, problem is as an example, 50ish years ago the Austin Motor Company development department engineers had an engine running on water (H2O) unfortunately a major company with vested interests ensured it was never progressed to production,and dare I raise the question of tax revenue over the interim years.

Also needs to be added that most do not understand grid generation, the grid works by having to be in balance. Power generated = power being consumed. Hence the problem with alternatives, which science is yet to resolve, in a cost effective manner.

csw12 is correct it was estimated by the people who know, obviously not politicians! That we would need 3 now power station to provide enough power to charge all the batteries, that number will now have increased due to the new higher capacity fast charge batteries.
We also need to understand that very few houses have a electric supply that can cope with the amperage these batteries use, meaning they will need to have their supply changed to at least a 2 phase system, and who is paying for that little problem. Also just a thought, who is going to made responsible for all the litigation cases for people's claims for tripping over power cables running across the foot paths.

WAaussie I think having fun in life is key sounds better, letting your guard down as a true thinker! will loose your street cred as the constant joker, but I wouldn't worry about that, after such a thoughtful post. Which is
so true. Looking forward to further offerings.
Kind regards rfa

Highlights

· Multiple bids received

· Preferred bidder selected and preparation of final documentation underway

· Transaction close and execution of documents expected within weeks

Detail

The farm-out process at Project Peregrine has progressed to the final phase and is subject only to finalisation of standard documentation as the preferred bidder has now been selected. Strong interest was shown in the opportunity and the bids received were competitive. Execution of the final documents is expected in the next few weeks, at which point more detail on the transaction will be made public. ?