Member Info for schlemiel

have been heartwarming. It does now feel that SEE is FINALLY on its way towards fulfilling its potential...

credit due to the company, its mgt and its employees

These feckers need to update and pronto...******s

One word to describe these people - it's a word I shy away from but it begins with C

https://www.energynewsbulletin.net/policy/news/1441888/future-of-new-lng-export-infrastructure-in-nt-at-risk

https://www.perthnow.com.au/news/union-tells-pm-to-intervene-in-gas-market-or-risk-800000-jobs-c-8606778

In the longer term, the AWU is calling for a national domestic gas reservation policy – similar to that which exists in WA – which would require a proportion of gas produced in Australia be kept here.

Perhaps more controversially, the union has called for onshore gas resources, including the stalled Narrabri and Beetaloo Basin projects, to be “rapidly unlocked”.

In his letter to the Prime Minister and other Labor MPs, Mr Walton wrote: “Manufacturers today are not bluffing. They know they will not be able to afford gas”.

“I have heard this issue spoken about as ‘intractable’ or a ‘wicked problem’.

“That’s not true. In reality there are very straightforward, well-defined steps that the federal government could take today.”

Aaroon

Yes, good point. If their finances are dire then suppliers will be reluctant to place orders with them in case they falter and fail. Maybe SEYE could become a target for M and A

About the Exploration Incentive Scheme

The co-funded Government and Industry Drilling Program is being funded by the Western Australian State Government, to provide a stimulus to geoscience exploration and contribute to the economic development of regional areas of Western Australia. Geoscience exploration includes mineral, oil and gas, and geothermal exploration with drilling to be undertaken in underexplored areas. The program is administered by the Western Australian Department of Mines, Industry Regulation and Safety.

Greatland awarded a drilling grant for Ernest Giles exploration project

Greatland receives a grant of up to A$220,000 (GBP120,000)

under the Western Australian Government's Exploration Incentive Scheme

Grant to be used to co-fund exploration at Greatland's 100% owned Ernest Giles project

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, is pleased to announce it has been awarded a grant from the Western Australian Government to co-fund exploration drilling and mobilisation costs at its 100% owned Ernest Giles project.

The grant awarded is the result of a successful application under the Exploration Incentive Scheme (EIS). Greatland is eligible to receive a grant up to A$220,000 (GBP120,000) to co-fund drilling and mobilisation costs, for completion before 30 November 2023.

Shaun Day, Managing Director of Greatland Gold plc, commented : "This drilling grant award for the Ernest Giles project will co-fund commencement of a new exploration programme. Ernest Giles is located in the Yilgarn craton, one of the most highly mineralised areas in the world and home to numerous gold deposits . With work advancing to finalise access, this grant then enables testing of priority targets at Ernest Giles, an underexplored and prospective part of the Greatland portfolio. "

About Ernest Giles project

The Ernest Giles project covers a sequence of magnetic greenstone rocks (Figure 1) typical of the Archean goldfields of Western Australia which host large gold camps such as Kalgoorlie, Leonora, Laverton, Mt Magnet and Jundee. The project is located approximately 250km north-east of the town of Laverton. The gold prospective greenstone sequence at Ernest Giles does not outcrop. Thickness of the cover sequence ranges from around 120m to more than 300m across the broader project area. Consequently, with no outcrop, the project has not been subject to extensive historic exploration activity.

Drill testing on the Calanchini licence, focusing on the Meadows prospect (Figure 2), as outlined in the EIS will be the first priority for Greatland. Previous drilling has identified favorable Archean hosts rocks for Yilgarn style shear hosted gold. Ongoing work will include airborne geophysics to better understand the geology of the entire Ernest Giles belt prior to systematic drill testing of the resultant priority targets.

Additional information on the project can be found on the Company's website at

https://greatlandgold.com/projects/ernest-giles/

Figure 1 : Location plan showing the Calanchini licence over

a total magnetic intensity image of open file regional magnetic data

Figure 2 : Meadows Gold prospect and priority targets on open file regional magnetics.

nm

This is a tiresome and weary deramp -

“This... is an investment in Telfer’s future which will ensure the operation is able to continue for at least the next two years,” Chief Executive Officer Sandeep Biswas said.

“With additional drilling, we believe there is the potential for further mine life extensions in the open pit and the underground beyond this time.”

Telfer hosts the largest gold processing facility in the state’s remote Paterson Province where it produces gold doré and a copper-gold concentrate, and has capacity to process more.

But as the open pit mines have neared end of life, concerns have grown that its processing facility would run out of feed and become uneconomic.

The announcement signals increasing confidence around Newcrest’s big exploration find Havieron, which is nearby, said RBC in a note, which could feed into the Telfer processing circuit and lengthen its life.

“We believe this opens up long-term optionality with Havieron and potential mine-life extension (at Telfer). The announcement today flags NCM’s confidence in Havieron,” it said in a report.

https://www.reuters.com/article/us-newcrest-telfer-mine-idUSKBN2FD00P

br1

I know one thing. The POG isn't determined by the physical supply of gold and the physical demand for gold. It is now determined by the paper gold market which is a fractional market or derivative based market in which the paper gold issued is meant to reflect the amount of physical gold held in the vault. The fact that this relatinship is now bust suggests the price of physical gold versus the price of paper gold is skewed to paper that it's become almost meaningless

Read up on this relationship if you're interested in this perversity that now affecs the POG

thanks PG

https://twitter.com/paddygall1/status/1582316337975599105?cxt=HHwWgoCp9e2UwvUrAAAA

WHI note on ARV but note the bottom paragraph about Havieron and how WHI states it to be a T1 deposit

https://twitter.com/zerohedge/status/1582306791865864192?cxt=HHwWgMDS7ZnpvfUrAAAA

https://twitter.com/paddygall1/status/1582289054749818882?cxt=HHwWhIDQheLgtfUrAAAA

thanks pg

assays and big step outs

https://*********************/companies/uk/falcon-oil-gas-ltd-/research/cenkos-securities/cenkos-falcon-oil-gas-ltd-work-programme-to-commence-imminently/39_2184d0c0-c06c-43c1-a9b2-dfd20271a101

“The discoveries made from under cover included Winu, Havieron, Calibre and Minyari, with Antipa generating over four million ounces of this gold endowment growth”.

“We believe this is just the beginning of the Paterson’s discovery renaissance with significant tier one gold copper discovery potential remaining and Antipa positioned to benefit from up to $115 million dollars in combined partner exploration funding.”

https://stockhead.com.au/resources/antipas-major-plans-are-backed-by-some-of-the-biggest-names-in-the-business/

Absolutely. A quality company which someone will take out in time

https://uk.advfn.com/stock-market/london/greatland-gold-GGP/share-news/Greatland-Gold-PLC-TR-1-notification-of-major-hol/89306191

https://twitter.com/Tom_Swann/status/1581542035944718338

In 2008, he founded his own company Parsley Energy, named after his grandfather. He was joined at that company by one of his father’s Pioneer executives, and initially, they took over the operation of 109 original wells Joe Parsley had owned since the 1960s in west Texas.

Bryan then expanded Parsley’s investments in the oil and gas sector. In October 2020, Pioneer Natural Resources run by Scott Sheffield acquired his son’s company Parsley, in a $US4.5 billion deal.

Bryan, who once told a reporter that Sydney was his favourite travel destination, is now managing partner of Formentera Partners, a private equity firm focused on energy investments. He was not available for comment for this article. He is expected to visit Australia and the Beetaloo later this year.

end

Riddle last week appeared before the Senate inquiry into oil and gas exploration and production in the Beetaloo. Its chair Senator Sarah Hanson-Young, took Riddle to task for failing to respond to repeated requests to appear.
“There was early recognition from Scott [Sheffield] that the Beetaloo had the potential to be the next big shale play in the world,” says Tamboran Resources chief executive Joel Riddle.

“There was early recognition from Scott [Sheffield] that the Beetaloo had the potential to be the next big shale play in the world,” says Tamboran Resources chief executive Joel Riddle. Supplied

“Mr Riddle, you said at the outset that you were flattered by the committee’s interest in your company,” said Senator Hanson-Young. “Refusing to show up to a Senate hearing and ignoring a summons by the Senate doesn’t really seem as though that’s the way you respond to being flattered. It’s very unusual for a Senate committee to give a summons, and, in previous situations where refusal has happened, it can end up in the High Court.”

The political and regulatory challenges will now be on the radar of Tamboran’s largest shareholder Bryan Sheffield.

Sheffield didn’t immediately follow his family into the oil and gas business, which was started by his grandfather Joe Parsley in the 1960s. Instead, an avid tennis player, he trained at the John Newcombe Tennis Ranch in Texas, before deciding to study business at the Southern Methodist University.

After graduating in 2001, he took an investment banking job in Sydney; later worked as a commodities trader in Chicago, and then traded interest rates in Europe, before returning to work for his father at Pioneer Natural Resources when he was 29.