Member Info for Sorbie

NEWS - I am sure your input would be appreciated on the Ironridge Resources Group on Telegram. I am one of 329 members. Lots of good research shared on there.

NEWS - I was in SOLG and IRR back in the 40p + days and now all in on IRR. Appreciate your recent research. Enjoyed reading it. Thanks.

TastySalmon - Thanks for that information.

I am a recent investor in WSBN. It looks very promising but must agree it is a surprise, 6 month later, that there has been no further comment on this. Richard Poulden, Wishbone Gold's Chairman, commented in an RNS on 30 November 2020. "We announced in September that we were recommencing exploration at both White Mountains and Wishbone II in Queensland. These are excellent initial results from the Terra Search programme at White Mountains and these are only the first results back from the assay laboratory. I look forward to reporting further significant results over the coming weeks as we prepare for a drilling programme at White Mountains."

ABC News - PARIS -- Newly reelected president of Chad, Marshal Idriss Déby Itno, died Tuesday on the battlefield in clashes with rebels, according to the Chadian army.
"Supreme Chief of the Armed Forces, Idriss Déby Itno has just given his last breath while defending the territorial integrity on the battlefield. It is with deep bitterness that we announce to the Chadian people the death, this Tuesday, April 20, 2021, of Marshal of Chad ... as a result of his injuries to the forehead," Chad army spokesman, General Azem Bermandoa Agouna, said during a statement on Tchad TV.
One of Africa's longest-ruling leaders, Déby was injured on the front line in the Kanem region where rebel groups took control of the territory, Chad's presidential office told ABC News.
Hope the IRR team are safe.

Déby's death comes amid the nation's army's battles with rebel group Front for Change and Concord in Chad (FACT). The rebels entered Chad through Libya on the country's election day, April 11, a FACT representative told ABC News.
The U.S. State Department raised Chad's travel advisory to a red-alert Level 4 Saturday, urging all Americans not to travel to the country "due to civil unrest and armed violence" and listing COVID-19 as a reason to "reconsider" travel to Chad.
On Saturday, Chadian government spokesperson Chérif Mahamat Zene said that rebels advancing on N'Djamena -- Chad's capitol city -- had been defeated, but that fighting had later resumed.

On IRR web site
CREATING VALUE THROUGH DISCOVERY AND DEVELOPMENT
LITHIUM - GOLD
CORPORATE PRESENTATION February 2021

Darien. Tesla's strategy of substituting Manganese for cobalt in the cathodes may effect the demand for those commodities but will increase the demand for high grade Lithium. . Manganese was first mentioned by Drew Baglino, Tesla’s SVP of powertrain and energy engineering, in the presentation. “Let’s talk about cathodes. What is a battery cathode? Cathodes are like bookshelves where the metal, the nickel, the cobalt, the manganese or aluminum is like the shelf, and the lithium is the book.”

Yes RM, my top up on Aquis 10 minutes ago was for 425 at 93p. Listed as a sell!

Sorry, ignore the last post. For up-to-date Lithium prices and other minerals see - https://tradingeconomics.com/commodity/lithium

Also current prices at https://staging.benchmarkminerals.com

Benchmark Mineral Intelligence have a subscription service covering everything to do with the Lithium supply chain. You can 'read between the lines' and get an impression for free of the current state of play by following their twitter feed. Access twitter, search for Benchmark Mineral Intelligence and follow.

BB2, for information.
From Operation Report released on ASX on 29 October 2019
“Given the requirement for a larger rig and blow-out preventer (15,000 psi), new well designs and a full set of approvals, a return to Dukas-1 prior to 2021 appears unlikely.
Central is exploring options and opportunities to accelerate completion of the Dukas-1 well within the contractual framework of the EP112 Joint Venture agreement with Santos.”

Even better than being reported on LSE. The 55,000 reported sell at 8.07 this morning was actually a buy.
I sold some scotgold (SGZ) to add more here. At 13.34p it is a bargain!!!!

Comment on hot copper this morning

Courtesy of psi 81
Go easy on the tinfoil hats guys - I know most of Santos's subsurface staff and I'm sure they are not faking or prolonging issues at Dukas in order to accumulate more Amadeus acreage, damage CTP's SP ahead of a takeover offer, or anything of that sort.

The most likely explanation is that they were only able to secure a 10,000 psi rig, had tenure obligations (and JV pressure from CTP) to drill Dukas, and so they went ahead knowing that in the upside case (ie if the well was a big success) they might not have the capacity to finish it safely. Now they need to secure a 15,000 psi rig which are rare as hen's teeth in Australia (if indeed there are any), and may need to be sourced overseas. It wouldn't surprise me if it takes well over a year to get one on site.

We need to keep in mind how overpressured this is. In normal drilling operations you'd have a mud weight around 9 ppg. You'd expect a pressure of around 10 ppg for a gas well, 13ppg is considered significantly overpressured. This was 10,000 psi at 3704m which is equivalent to almost 16ppg. That's the highest overpressure I've ever heard of in Australia and almost double the density of fresh water.

It's a pain but that's the situation.

And,aabbaadd

MSMN are evaluating EP145 near Mereenie waiting for Dukas 1 geological data to regionally tie it in.

Cause for concern or for optimism?

Comments from digger 1 on Hotcopper site in CTP (Central petroleum) thread

“Santos are Definitely in control here. They know what they have, a serious discovery, with helium (dont forget they have had wireline logs for weeks now, most logs data is available instantly). The pressure is a nice problem to have but make no mistake it is a problem that is straight forward to overcome

There is a reason they will delay things....................look at the bigger picture, in particular EP145.” It belongs to MSMN who are after an extension on their work timelines. Santos are causing a fuss over this and trying to make it difficult for MSMN this is part of the same field as Dukas

Now ask yourself why Santos would be so concerned over MSMNs attempt to extend..........would it be because they think they might get the license ??????

ask yourself why they haven't released the data from the wireline logs ??????

once this Discovery is confirmed EP 145 becomes a massive permit

As you can see I rarely post on LSE. I lost a bundle on RRL and RMP in Puntland. I still think there was oil but they plugged and abandoned due to Al Shabbab. The following is a different perspective on possible news flow on Winx as the drill moves through the zones. Courtesy of Old Geo on the OEL site in hot copper.

Given that Oil Search have mapped several Nanushuk trends immediately south of Winx, one which very likely correlates with the Winx amplitude trend highlighted by the dotted red line, and that the Winx amplitude trend extends north out of the western blocks (blue box) into some else's acreage, we might find that Winx well will be drilled on a tight hole basis from a market communications perspective relative to any hydrocarbon shows encountered while drilling. The Joint Venture may only communicate spud information, depths of casing points and non-market sensitive information. We may not know the well outcome until it reaches total depth and wireline logs run. I'm just thinking aloud here. Oil Search and the owner of the acreage to the north of the western blocks will be watching Winx very closely and OSH could easily "hover up" a discovery if deal terms are satisfactory. The old saying goes "Loose Lips Sink Ship" or a juicy deal. Just food for thought...…..

As you can see I rarely post on LSE. I lost a bundle on RRL and RMP in Puntland. I still think there was oil but they plugged and abandoned due to Al Shabbab. The following is a different perspective on possible news flow on Winx as the drill moves through the zones. Courtesy of Old Geo on the OEL site in hot copper.

Given that Oil Search have mapped several Nanushuk trends immediately south of Winx, one which very likely correlates with the Winx amplitude trend highlighted by the dotted red line, and that the Winx amplitude trend extends north out of the western blocks (blue box) into some else's acreage, we might find that Winx well will be drilled on a tight hole basis from a market communications perspective relative to any hydrocarbon shows encountered while drilling. The Joint Venture may only communicate spud information, depths of casing points and non-market sensitive information. We may not know the well outcome until it reaches total depth and wireline logs run. I'm just thinking aloud here. Oil Search and the owner of the acreage to the north of the western blocks will be watching Winx very closely and OSH could easily "hover up" a discovery if deal terms are satisfactory. The old saying goes "Loose Lips Sink Ship" or a juicy deal. Just food for thought...…..

I really don't know but the article referenced in the share doc blog contains this advice to clients, presumably companies like Arian. For any legitimate Beaufort clients caught up in this, PWC are offering a helpline. https://www.pwc.co.uk/press-room/press-releases/beaufort.html The article referenced in the share doc blog

I Have a big investment in Arian. Hope we are not involved. https://www.sharesoc.org/blog/regulations-and-law/beaufort-regulators-us-prosecutors-expose-wide-ranging-scam/

https://ftalphaville-cdn.ft.com/wp-content/uploads/2018/03/02150525/comp-pr2018-28-beaufort.pdf Thanks to lottohope on the SOLG BB.