Member Info for schlemiel

This is gonna pop

3 v 4 now - L2 strengthening

3 v 5 - lovely

2 v 6 (50k v 140k)

So the A$170m-200m is within 'current relationships' up from A$110m the inference that there are relationships to be announced, fought over and secured. The contracted revenue figure can only continue to increase

1 v 3

1 v 1

with 6 MMs sat at 14p so a pretty tough barrier to overcome there though with news on th'horizon and buying now accelerating you never know!

500k buy at 4.5p

ET

Yes, the foundations are being cemented into place with building work to commence shortly. A high rise of luxury apartments in Knightsbridge would be most welcome

S2020. That's a superb update and very optimistic!

Cheered me up 'no end'

Appreciated

Cenkos jumped to bid

OF13

It's called profit-taking. It isn't difficult to understand. After a good run a price will weaken, fall back and allow a cheaper entry point. Of course those who follow SEE will know there's news to come here and so we hold in anticipation of that

Cenkos bidding in 25K

1 v 1

buying interest slowly returning and a little more activity on the order book

Lacking proper gas, unfortunately, but it's been a good run.

Now 2 v 2 (slight improvement)

2 v 3

1 v 1

I'm happy that there's no bad news and that's a massive relief. Meeting expectations in this market is viewed as a negative but being slightly ahead is encouraging indeed. With £35m cash and zero debt the company is well placed to exploit all the opportunities that lie before them

Even if only a modicum of what's contained in the Permian is present at Beetaloo such it would prove transformational for the value of FOG's 30%.

Get that truth machine turning ffs

'The Permian Basin is the largest petroleum-producing basin in the United States and has produced a cumulative 28.9 billion barrels of oil and 75 trillion cubic feet of gas. Currently, nearly 2 million barrels of oil a day are being pumped from the basin. Eighty percent of estimated reserves are located at less than 10,000 feet (3,000 m) depth. Ten percent of the oil recovered from the Permian Basin has come from Pennsylvanian carbonates. The largest reservoirs are within the Central Basin Platform, the Northwestern and Eastern shelves, and within Delaware Basin sandstones. The Primary lithologies of the major hydrocarbon reservoirs are limestone, dolomite, and sandstone due to their high porosities. However, advances in hydrocarbon recovery such as horizontal drilling and hydraulic fracturing have expanded production into unconventional, tight oil shales such as those found in the Wolfcamp Shale.[6][33]

Current production

As of 2018, the Permian Basin has produced more than 33 billion barrels of oil, along with 118 trillion cubic feet of natural gas. This production accounts for 20% of US crude oil production and 7% of US dry natural gas production. While the production was thought to have peaked in the early 1970s, new technologies for oil extraction, such as hydraulic fracturing and horizontal drilling, have increased production dramatically. Estimates from the Energy Information Administration have predicted that proven reserves in the Permian Basin still hold 5 billion barrels of oil and approximately 19 trillion cubic feet of natural gas.[35]

https://en.wikipedia.org/wiki/Permian_Basin_(North_America)#Hydrocarbon_production_and_reserves

Chamber Senate on 30/07/2019
Item QUESTIONS WITHOUT NOTICE - Mining Industry
Questioner : McMahon, Sen Sam
Answer : Canavan, Sen Matthew

Hansard

Mining Industry

MP Senator McMAHON (Northern Territory) (14:56): My question is to the Minister for Resources and Northern Australia. Could the minister update the Senate on any recent developments that could deliver further development of the gas industry and support local communities by ensuring long-term gas supply?

MP Senator CANAVAN (Queensland—Minister for Resources and Northern Australia and Deputy Leader of The Nationals in the Senate) (14:56): I thank Senator McMahon for that question and recognise her strong interest in seeing the Northern Territory develop. I know, as a regular traveller to the Territory, that it has been a difficult couple of years there, particularly in Darwin, with the wind-down of the very large INPEX project. The federal government is doing everything we can to bring new investment to the Northern Territory and more job opportunities there.

That's why it is great news that last week the Northern Territory government provided its first approvals for drilling in the Beetaloo Sub-basin, which is a part of the larger McArthur Basin. It is one of the most exciting resource opportunities in the nation. It is very exciting because it is Australia's first major shale, oil and gas project in Australia. Many would of us would have seen the great opportunities that have been provided in the United States as a result of the development of their shale resources. We have not yet developed any major shale resources here in Australia, but this first one could be very exciting for our nation. Our geologists estimate that the Beetaloo Sub-basin is as big as the Permian Basin in Texas, which has underpinned their resource development. While there is still a lot of work to be done in exploring and assessing the quality of this resource, a lot of people are very excited.

It is great to see the Territory government doing that. It has great opportunities not just for the Northern Territory as a whole but also for local industries in this region, around that area and around the Daly Waters area. I caught up with the Northern Territory Cattlemen's Association this week, who I think are in the gallery today. I see Chris Nott from the NTCA. We will need to make sure that any investment that comes from this exploration also benefits that industry as well, in terms of better infrastructure, greater opportunities, more jobs, a greater critical mass in our Northern Territory and cheaper energy as well.

https://www.aph.gov.au/Parliamentary_Business/Hansard/Hansard_Display?bid=chamber/hansards/68080ee8-defa-4a65-b013-217acd517499/&sid=0042

https://eservicesco.com/2019/07/30/your-eyes-are-the-key-to-distracted-driving-not-your-brain/

Your eyes are the key to distracted driving, not your brain - Jul 30, 2019

The conclusion of the article is more pertinent

This research is certainly a strong argument in favor of heads-up displays in cars, although perhaps those need to be kept relatively simple, too. There’s evidence that commingled visual attention also increases distraction. When it comes to the placement of infotainment screens think more Mazda 3, less Model 3—putting the display as close to the driver’s sightline as possible, even if that means no more touchscreen interfaces. In fact, perhaps we should avoid looking at infotainment screens entirely by using better voice commands in cars, an industry trend that’s already picking up steam. Either way, these results are yet more evidence that effective driver monitoring systems should include gaze-tracking or facial recognition—a torque sensor on a steering column is simply not good enough.

end

'Road to Level 5 Autonomous Cars Will Come Through Level 3 and 4'

Autonomous cars are talked about as the next ‘big disruption’ in the global automotive industry. There are all kinds of talk about how various levels of self-driving vehicles will come about going forward. But clearly, the road to autonomous cars will not be a smooth affair.

Mitali Mishra, Chief Technology Officer, EC.Mobility believes the road to level five autonomous cars will come through level three and four. “When we traverse this journey from level three to level five or in some cases from level two to level five, it is important to bring this ‘autonomous’ feature a part of the regulatory framework. Clearly an active driver monitoring system is required as it is the missing link between V2X. In order to make connected cars a reality there is a need to bridge the gap between the V2X driver monitoring.”

Mishra further said the ‘autonomous’ feature is very needed in specifically level three and level four cars, wherein the driver is expected to go hands-free and eyes-free typically. “Under an autonomous driving scenario it is critical to ensure right alarms are sent out, thus letting the driver know, what is happening around him so that no untoward incident occurs,” she explained.

The EC.Mobility CTO said the next driver is comfort and convenience. “As we focus on infotainment systems that are more personalised towards the mood of the user and occupants in the car, it becomes imperative that you understand the driver’s or passengers’ behaviour.”

Mishra added that over the next 10 years driver monitoring systems will be play a key role in terms of the car taking control of the vehicle or at least providing a warning to the driver about the conditions, wherein a driver is either distracted or is drowsy. “If you see the driver is enjoying a short nap, but if the condition so happens that the driver needs to take control, then the driver needs to be notified and she needs to become alert and take control of the vehicle, she explained.

She explained how data will hold the key in building driver monitoring systems. “There will be a need for data of the driver’s head - what is the position of the head or what is the direction in which the driver is looking? Driver’s gaze, driver identification and driver’s facial expression are all very important but all these are very complex because drivers are of different age groups, different ethnicities and different genders.”

Mishra stated that eye colour, wearing lenses, wearing glasses, facial hair, length of hair are going to have an impact on what the car understands of the driver’s mood and behaviour inside the car, which is why validation of these systems is very important.

end

https://autotechreview.com/features/road-to-level-5-autonomous-cars-will-come-through-level-3-and-4

Ironically the placing was the trigger for the flow of news we've seen to date. Now customers can see we are credit and liquidity worthy they have the confidence to sign on the dotted line in the secure knowledge that SEE is here to stay and ain't gonna disappear down some plug-hole leaving customers high and dry