Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
ok so very interesting news. It is now May 4th so when will we start to see action then in terms of actual work being done ? Will the two be drilled and tested this dry season ?
POOOOODS glad to see you are still around. If your thinking year end around .25-.3 what would you realistically be happy to see us bought out at ?
IF anyone is curious this is a typical power consumption for a ductless heat pump in North America
Voltage (ø/V/Hz) 1 / 208-230 / 60
Rated Current (amps) 1
Cooling (low / std. / max.) 2.9 / 12.2 / 17.2
Heating (low / std. / max.) 2.2 / 12.2 / 18.7
Max. Breaker Amps 30
Minimum Circuit Ampacity (A) 26.0
This would be a 36,000 btu unit capable of running up to 4 heating zones . It would be rare that the units would operate at their max settings for very long. If you want a rough estimate of power Amps x Volts = p
These are incredibly popular....this info aside I agree the demand for our gas is through the roof and is represented by the rising price however every year we miss the mark with commercial wells our position will weaken as all other options are explored whether it makes sense or not.
I agree with you there, where will the power come from ? Our government like most do what's popular without really thinking things out fully. Things like the site c damn will continue to happen and continue to cost way more than it should and it will be the tax payers who pick up the slack of our governments failings. I guess the point I am trying to get across is that we do not have unlimited time to sit on our hands. We need to start getting results and getting things moving the governments of the world are completely willing to do the irrational if it is popular. Do not underestimate the green push that is seeping from the left political leaners into the middle then the right.
As someone who works in refrigeration and hvac wholesale I understand your point but things are moving quicker than you think. I do not know the uk market but in Canada the government is throwing everything they can to get people off of fossil fuels. They are offering large rebates to home owners and even larger ones to low income families essentially making the units free so yes even poor people will be switching. Ductless splits can operate down to -20 C in heating mode with specialized units able to hit -40 and btu's are btu's so when we size these things we take in to consideration if the house is loose or tight and size accordingly. Aside from the rebates our provincial government has also made heat pumps sales tax free (-7%) and put a surcharge on fossil fuel ( +5%) . Now I can only speak about my local area but the change has been rapid and massive I would say ductless splits are outselling furnaces 10-1 and the market for retrofits is huge......now wether this makes sense from an energy stand point doesn't really matter it IS happening. How long do we have who knows but the change at least for home heating is happening quickly.
Ahhhhh perfectly explained. Thanks for the help much appreciated. This is surely the best news we've had in awhile and has me cautiously optimistic as it's been a long long road.
Sorry for my ignorance can anyone elaborate on the royalty part of this deal ? Is it that the final sale price will be lessened by 3 % due to royalties being payed out to big players ?
I sure hope your right. I don't know what the chances of 2.5 a share are but I'd sure be happy with that or beyond.
Here's hoping you are correct it has been a long road with a never ending supply of bumps in it. It would be great to hear real news on goals achieved for better or worse this year.
Right so seismic to be done then possible starting of drilling around June'ish then all the flow testing which seems to take forever after. This thing won't take off till next year if it ever does I'm guessing.
Just wondering if anyone has a guess at our timeline for how things could progress this year as these wet months slowly pass by. We should be seeing some activity in some form soon ?
Understood and I sure hope your right I merely caution trying to use these buys as some sort of crystal ball.
Yeah yeah yeah always talks of chunky buys and mr. 100k ..... there is 0 movement in stock price.
We are only trying to selfishly prop up our oil sands.
Great info all. Just a quick question if an all cash deal goes through all our shares are sold at whatever price they set out for us is this correct ?
Woke up this morning thinking dang who the hell is selling now ? By lunchtime I'm thinking lucky buyers out there.
anyone here with more stock trading knowledge able to explain to me why the order flow distribution in my stock ticker is showing matching inflow and outflow ? Does this indicate there are as many sellers as buyer ?
10 mil yowza you got 1.3 CAD in this ? You have Nerves of steel I'm groaning over 40k shares. I hope this one pays off big for you sir.
not connected to the sale traffic on the tsx for FO ?
I think you are right I don't see anymore action here . phewf ok feeling better the blood was beginning to drain out of my body when I saw that. Keep the faith brothers!