Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Let’s hope our aggressive approach involves some parallel civil works so once one well is complete we move directly to the next with our passing GO. Or maybe, are two rigs too much to ask? At least with our satellite expert we are able to watch things unfold. Great work !
Good luck all!!
Has anybody asked the question why Block doesn’t communicate with the masses? This must be intentional as it is completely closed to any comms. I suspect there are a number of reasons, including agreement with local gvmt, the ever changing information available to them and external factors that cause delay. I suspect it’s a constant changing picture would only cause confusion and more questions. I’m happy to let them get on with it, they are the specialists and are delivering to their plan.
ChesH Nt need to apologise, I’m with you on this one, honest. Recent figures show wells performing at the top end of expectations, over 600 barrels a day, hug gas and MOU with the Gvmt for gas deposits. New drill expected imminently and all for 1.2p a share!!! That’s not a ramp but simply fact. Read the RNS.
Hep , I think that’s realistic assuming back to back drilling. Would we be at 1.2p a share then I wonder?
Let’s hope all key items are ordered and on the way. I’m tiring of this piece meal delivery, we need parallel work streams.
Https://www.google.com/maps/@41.6015032,44.9397661,3a,75y,269.18h,73.71t/data=!3m7!1e1!3m5!1sAF1QipO1D-PjbNqghrnsjolLHVIGsvPyW7XY5-E3rle3!2e10!3e11!7i8000!8i4000?entry=ttu
Somewhere in the distance is our well ;-)
It looks to be a 2023 image. When you zoom in It also looks to me that under the shadow of that purple cloud there’s work going on. You don’t see many purple clouds, anybody know if corporations can request Google not to expose some areas of their satellite images for corporate secrecy?
There is a red spot and two white areas about 400 meters North West , maybe x marks the spot. I think somebody has already commented on this, that is about the point as a rough estimate..
https://www.google.com/maps/@41.6094159,44.8949918,38m/data=!3m1!1e3?hl=en-GB&entry=ttu
Thanks Hepseal, I too have been using the CPR maps but found the Lat and Log didn't correlate . Yes I'd agree with your direction for KRT39, not sure when this Sat image was renewed so I could not comment, but certainly nothing to see from the link I sent, however I'm not worried, RNS says later this month thats fine for me.
Anybody know which well this is? Certainly looks like a nodding donkey there when you zoom in.
https://www.google.com/maps/@41.6065853,44.8966993,115m/data=!3m1!1e3?hl=en-GB&entry=ttu
This is a good reminder to those that question the potential here. Old news I know but an important read for anyone looking to invest. This provides Georgia with long term energy security whilst they move towards more green solutions and it’s only just started!
https://georgianjournal.ge/business/37971-gas-field-with-8-year-reserves-found-in-georgia.html
Agree madman, some remember where this can go on expected high volumes. Well in my view it won’t be long before we reach those dizzy heights, once real gas starts flowing, who knows. Patience is still required. Good luck all.
I hear you Chesh. Those who are a bit longer in ghe tooth get more from reading between the lines. The company is now in a strong position to move their projects forward. Success with the next drill will cement that. Huge potential, as always our future is gas. Sorry if that offends any on here that want oil and gas gone but we know what happens when a country does not secure its energy source.
IHepseal, you’ll never get a logical response. I have a theory that Sarah gets paid on responses. Maybe we don’t respond to Sarah’s posts they may move on. I’ve filtered Sarah months ago. The board is much improved.