Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Louis.
Not sure if management are holding this back. They seem the opposite, with premature announcements of deals IMO. Bit of naivety on the BOD's part to say imminent and shortly, before all the details are presented for a deal. I feel the goal posts have been moved by the "preferred partner", in a way that CHAR could not afford to ignore. It likely involves future prospects as Jimmy mentioned, as well as access to the North African pipeline to Nigeria. All in my opinion.
Reading the same news Sun. Whilst there is a lot of scrabbling towards green energy , there is no quick changes to what is supplied to homes and businesses in the last 18 months, and so we head to winter again with panic buying of what works, gas, oil and coal or
Electricity from those sources. Gas is the future for some time yet.
Imo.
GSA may be easier to develop now that Australia's LNG export risk, due to threatening industrial action, has been averted. This had upset global prices lately .
Downside MAY be a lower than current price now that things start to stabilise.
As annoyed as I was with yet another raise, I can see the rational of the the onshore Wells.
Cheaper to do.
Quicker returns.
Allows for onshore infrastructure development.
The assurance of gas is the risk here imo. If its good then we're fine.
I see this as a possible instruction from a/the partner in order to progress, because of the timing of the announcement? It would have pushed FID and GSA down the road, which explains, (to me at least) why we have slipped past June.
There is gas and there is a growing local market.
As far as the price being "held" low so the big boys can
Pinch from the PI 's? That's how the markets work.
Research and hold on to what you believe.
GLA AIMOHO
Https://www.proactiveinvestors.co.uk/companies/news/1020871/chariot-cfo-promises-up-to-seven-wells-in-the-next-18-months-1020871.html
Ianfer put this in already HS. It explains what's happening. 15 months to first gas, 18 months for the 7 Wells is what I hear. Don't expect that to be static tbh.
Apologies for the rubbish cut and paste attempts.
For Hydrogen to work at all there needs to be an infrastructure. The UK apparently is 90% there due to most existing gas pipelines being plastic (irony). EU may be similar? However the idea needs to be sold to the customer also. Currently 2000 people of Whitby in Cheshire had been offered the opportunity to use Hydrogen with significant incentives and rejected it! Safety concerns over NOX produced by open flames from Hydrogen are mentioned? Production of the Hydrogen from fossil fuels with CCS is the source.
Personally I see a strategy of supporting the expanding electrical infrastructure by:
1. Replacing carbon fuelled power stations with Hydrogen as a first stage.
2. Build secondary power stations next to Hydrogen storage facilities. These can also be used as “gas stations “, for commercial vehicles running on Hydrogen, including trains.
3. Sell the SAFE idea of peak electricity support, from Hydrogen powered generation to the customer, not direct Hydrogen gas. We know EV ports are going to expand anyway, why not use that as a means for growth.
AIMO
The Hydrogen Rainbow.
Black and brown hydrogen
Coal produced hydrogen with no carbon capture or storage, (CCS).
I see no future here.
Grey Hydrogen
Produced from methane or natural gas using steam reformation. Currently the most common form if hydrogen production.
Again no CSS of the significant greenhouse gases.
Future will decline under environmental and commercial pressure from
Cheaper cleaner power, including other hydrogen types.
Turquoise Hydrogen
Hydrogen Produced from methane pyrolysis. Solid carbon is a byproduct which
If stored could be considered a low carbon solution.
Future depends on cost again.
Blue Hydrogen
Same steam reformation as GREY but with CSS.
Short term as a low carbon system it remain commercial?
Red/Purple/Pink Hydrogen
Terms for Hydrogen Produced by nuclear energy.
Future potential here using excess power, but cost dependant.
Yellow Hydrogen
Hydrogen Produced from Solar power.
If the cost of electrolytics is viable, this should be be
A commercial solution.
Green Hydrogen
Hydrogen production from wind, tidal and solar electrical combinations.
Again this works if electrolytic are cost effective.
White Hydrogen
This is natural Hydrogen Produced from the geological processes of the earth.
Wether it is stored gas held in the ground or continuously Produced hydrogen,
or a combination of both , it could be a game changer commercially.
First it needs to be found in quantity and measurable.
Reports of finds in France, Spain and Russia already.