Member Info for schlemiel

mt - many thanks fella

thanks PG and Stout

"If contaminants (e.g. chemical spills) were to intercept the Cambrian Limestone Aquifer then potentially they could be transported and dispersed relatively quickly by large pathways," the report found.

For instance, a 2005 study showed groundwater flow velocities of up to 1250 m/day have been noted in the aquifer in the vicinity of Katherine.

More reading: Greenhouse gas emissions in the Beetaloo are plotted.

Researchers found there are about 1153 stock and domestic bores in the "extended" Beetaloo region mainly used for cattle.

"There are two potential groundwater sources to supply future demand for use in drilling and hydraulic fracturing operations for the unconventional petroleum industry - unused allocations and treated formation and produced water," the report found.

Hydraulic fracturing of a well would require approximately 10 to 20 megalitres of water for ten-stage fracturing operations.

The Pepper scientific inquiry estimated about 1000 to 1200 unconventional wells will be developed over the next 25 years.

Researchers assessed 116 chemicals used between 2011 and 2016 for drilling and hydraulic fracturing at shale, tight and deep coal gas operations.

About one-third (42 chemicals) were of "low concern" and pose minimal risk to aquatic ecosystems.

A further 33 chemicals were of "potentially high concern" and 41 were of "potential concern".

The identified chemicals of potential concern and potentially high concern would require further site-specific quantitative chemical assessments to be performed to determine risks from specific gas developments to aquatic ecosystems.

"Springs have not been identified in the Beetaloo region. However, numerous springs occur to the north of the Beetaloo region, where significant groundwater discharge occurs from Cambrian aquifers to rivers and wetlands, such as Mataranka Thermal Pools and Roper River.

"Hydrochemistry and dissolved gas concentrations from the CLA (Cambrian) provide some evidence of existing hydrological connectivity between deep and shallow system components.," the report states.

end

"These new scientific insights are fundamental to ensuring shale and tight gas operations can be appropriately managed to support governments, industry and communities to better coordinate resource management for the benefit of the economy and the natural systems that surround these prospective regions.

"For example, Stage Two of the assessment has identified the groundwater resources in all three regions and how they are currently used to support local water users and the environment. It also identifies causal pathways which describe the chain of events that may link unconventional gas development with potential impacts on water and the environment.

"We also identified gaps in knowledge that will help to guide the final stage of the program, where we will further investigate groundwater recharge processes for the Beetaloo Sub-Basin, along with hydrological connections between shallow groundwater systems that overlie deep unconventional gas resources in the Cooper Basin.

"Thorough field studies are also being undertaken and results will be released in 2021.

"The information, data and analysis completed for these basins supports industry to meet the highest possible environmental standards for shale gas activities, which are worth an estimated $9.1 billion in the Beetaloo alone."

The Geological and Bioregional Assessment Program comprises a series of independent scientific studies undertaken by Geoscience Australia and CSIRO, supported by the Bureau of Meteorology and managed by the Department of Agriculture, Water and the Environment.

The reports and more information about the three stages of the program is available at the Geological and Bioregional Assessments Program's website.

The Beetaloo region covers an area of about 28,000 square kilometres.

This second of what is expected to be three reports, found the Beetaloo includes a substantial proportion of the Cambrian Limestone Aquifer, the principal water resource in the region which extends to Katherine.

The region is sparsely populated, with Daly Waters and Elliott the most populated settlements in the region.

The Beetaloo Sub-basin is one of the most prospective areas for shale gas in Australia, as well as having potential for liquid hydrocarbons, the report explained.

Most streams in the region are ephemeral and only flow in response to wet season rains.

Groundwater from the region supports the Roper River and important wetlands such as Mataranka Thermal Pools and Limmen Bight (Port Roper) Tidal Wetlands System

cont......

https://www.katherinetimes.com.au/story/6762965/groundwater-links-from-beetaloo-extend-through-to-katherine/?cs=1459

Another key scientific report has been released on potential impacts of developing an onshore gas industry in the NT's Beetaloo Basin.

This $35.4 million program is assessing the potential environmental and water-related impacts of future shale and tight gas development in three onshore geological basins.

The Federal Government's Geological and Bioregional Assessments Program is assessing the potential impacts of shale and tight gas development in the Cooper Basin in north-east South Australia through to south-west Queensland and also the Isa Superbasin in Queensland.

These studies are seen as necessary to provide baseline data and risk assessments before any production can be approved.

The scientific studies are being conducted by CSIRO and Geoscience Australia, supported by the Bureau of Meteorology and managed by the Department Agriculture, Water and the Environment.

Environment Minister Sussan Ley and Resources Minister Keith Pitt released baseline analysis reports from Stage Two of the Geological and Bioregional Assessment Program yesterday.

Chief of Minerals, Energy and Groundwater, Dr Andrew Heap, said Geoscience Australia's work has been a major part of the program.

"Geoscience Australia is proud to be part of this joint-agency initiative which enables industry to responsibly develop unconventional gas resources to supply the East Coast Gas Market," Dr Heap said.

"Our comprehensive analysis of the available data has led to the first integrated interpretation combining the regional geology, unconventional gas prospectivity and hydrogeological systems of these three basins.

"This work, which is detailed in supporting technical reports, included the interpretation of satellite-derived datasets to evaluate surface water and groundwater interactions; the creation of new regional-scale unconventional gas prospectivity maps; and the development of hydrogeological systems models to better understand natural processes and components of each region.

cont..........

NCM would really struggle if anything does interfere with output at Cadia. It is NCM's major source of production and its AISC brings down the wider company's average AISC

This is interesting and adds a tad more pressure and uncertainty into the production equation at Newcrest - any degree of concern over NCM's ability to maintain or increase production can only give GGP even greater leverage and added value

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Rain gives Cadia gold mine water buffer

Australian gold major Newcrest Mining believes it now has enough water to operate the Cadia mine in New South Wales for at least two years.

The company had previously warned the mine could run out of water by as early as the end of June due to severe drought.

"Recent rainfall in the region and the purchase of water licences on the water trading market has resulted in improved levels of water being captured in onsite storage facilities," Newcrest said.

"Newcrest's latest internal modelling indicates that Cadia should have enough water to avoid any water-related production interruption for at least the next two years."

The company said it would pursue further water-saving initiatives.

Newcrest said late last year the mine had moved from 60-70% recycled water to 85%.

Cadia, near Orange, is one of Australia's largest gold mines. It produced 607,000 ounces of gold and 68,000 tonnes of copper at all-in sustaining costs of just US$156 an ounce in the nine months to March 31.

20 May 2020

https://www.miningmagazine.com/natural-resources/news/1387257/rain-gives-cadia-gold-mine-water-buffer

maybe, it does look a tad flaccid at present

Dm - He's the CEO of GGP. His every action is put under a microscope for one simple reason, we are looking for evidence or more accurately anecdotal evidence of what may or indeed may not happen next. It may be a forlorn and fruitless exercise but it's relevant to a degree. That's all it is, nothing more, nothing less.

Stop virtue signalling on Trump. It's genuinely embarrassing to hear it. Look East to see the brutal nature of Marxist authoritarianism in action as expressed by the Chinese state and the CCP. Trump's a pussycat in comparison.

A Chinese foreign minister only last month described Australia 'as the sh-t on the sole our shoes'. Trump understands the existential threat posed by Chinese totalitarianism. And don't forget the most brutal consequences and human suffering of Obama's proxy war in Syria. Obama is another Blair who conceals his destructive politics behind political rhetoric

s67 - Absolutely. It's intellectual laziness. You learn by doing not by being spoon-fed. Yes, by all means ask for direction from those with expertise and a working knowledge but first start on search engines and get an appreciation of the basic facts of the company in which you intend to invest in

Man - There's no link fella?

chart -

Thanks for that. I did think it was Aussie tax related. And of course as an Aussie national he's selling shares in a UK listed company. I think there is a AUS-UK tax arrangement (agreement) in place for this type of tax treatment for international capital mobility

I think GH's got both eyes firmly on the prize. The treatment of outstanding warrants and employee options can be dealt with as per discussions prior to the signing of an agreed takeover agreement, if that happens. I don't see Newcrest going hostile here, if they do decide to do so. It would be nice!

I wonder if GGP, if this does go to mining, are contractually prohibited from selling their 25% stake to a miner other than Newcrest? I hope they do have that option

This is another small player in the Paterson to the SW of Telfer

https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5Am6yhGZt%2FR3ke92GA%3D%3D

From the report :-

Projects Overview

'The Paterson Province hosts several world-class deposits: Telfer gold-copper mine, Nifty copper mine and Kintyre uranium deposit. The recent Winu and Havieron discoveries are being considered as intrusion related copper-gold mineralisation, proximal to major NW to NNW-trending faults. Information available on the mineralisation indicates it is dense, magnetic, conductive and potentially chargeable, making it a good target for geophysical exploration, particularly given that mineralisation underlies Canning Basin sediments and is blind to surface.'....

I do like this explanation. I'd like it even further If I could truly appreciate its significance but it does point to something called 'potentially chargeable' pointing to increased probability of further exploration discoveries in this area

I wonder if he's got a tax bill to pay? Aussie tax year is end-July

Of course If a takeover did happen the final acquisition agreement would deal with any outstanding warrants and employee options as both parties see fit

It's very much orchestrated, deliberate and planned but what's the message he's sending to the shareholders? We shall see in due course! Investing isn't meant to be exciting but with this stock one cannot help it

i wouldn't mind getting a peek at the options agreements and the clauses contained within

D666 - No worries fella

Heddle now sat at 1.9%...what's his plan?

GH has exercised and held his stock!. A + sign indeed