Member Info for Stebol

Same here nervesofsteel - somewhat frustrating!

Nice one dprussky - many thanks

As I understand it, a BFS and DFS are both compiled using the same parameters in terms of the level of technical detail.

A BFS only differs in terms of presenting a case for funding from investors / bankers.

My belief (although clearly i don't know), is that project finance is already sorted and therefore a BFS is not required.

Originally, Talaxis would have earned an additional % for arranging project finance. That situation has now changed and we appear to have attracted significant interest from other parties for whom a supply of REE's is of critical national importance.

I know it's difficult but really, forget about the SP and look at the potential project value.

I'm sure we'll all find out soon enough - god knows, it's been a long haul!

I'm sure we'll find out soon enough

Thanks schlemiel - looks promising and Velkerri approval included as well

Nice to hear Shaun making so many unprompted positive references to Newcrest.
Doesn't suggest to me that there are any issues there.
Will be nice when SD begins to reciprocate

Nice one Liam. Well done

Just one thing about the rig.
When he said it was 'here working', I'm pretty sure he meant in Canada.
Not sure they need the rig for another 3 months or so in Wyoming.
Either way, hugely positive webinar. I was pretty chilled anyway but now I'm Dalmore Valour chilled on top.

Spot on Sydney - enjoyed that.
What I like about AM is that he's not going through the motions and reading a script - he actually cares passionately about this business.
Plenty to come, although it will never be quick enough for some

I need to get my head around this.

So, if the purpose of the shorts is to suppress the price prior to a bid;
But the shorts (all 65M of them) would need to close prior to any bid, thus increasing the price;
Then what have they achieved?
The mind boggles (well, mine does).

Time for a cider before Rory tees off in an hour.

Good weekend all

Yawn ..... and here we are again

AM must do this; AM must do that; the 'market' doesn't trust AM, blah blah bloody blah.

It's pretty simple really. If you don't trust a CEO then don't invest in his company - goodbye and good luck.

Hey, it might not be popular, but I trust him and it's why I've been invested for quite some time now. I struggle to see a time where this company has had a better opportunity to grow than now - thanks to AM.

Patience in this business is not 1 week, 2 weeks or even 2 years - way beyond the timescale of most traders.

Sit tight a little longer and all will be well.

Morning Beetaloo,
Jeez no - after all these years my expectations are way higher than that!
I was merely speculating that any farm down pre-drill would have an immediate impact on our sp - assuming the price Origin is prepared to accept is half decent.
Didn't want to come across all 'rampy' at this stage

Hi newtofo.
Although we're looking at planned pilot production 23/24, that certainly would not mean no sale in 2023 assuming the flow rates are good.
I'm happy there is a forward plan as I'd hate to be a sitting duck with a for sale sign over us after this years activity. You don't maximise value by being out of cash with no plan for further progress.
Like you, I'm hoping for farm down news sooner rather than later. $'s per acre figure of anything over $200 would be nice, although $1000 would really kick things off.
I've been wondering if the apparent lack of activity is related to the farm down?

I think I'd probably drill the hell out of wherever Callum Baxter wanted

I disagree, but at least you're consistently negative and have been since 5p.

Many thanks newtofo.

The mind (mine at least) does tend to wander into flights of fancy during the quiet spells.

Still, 4 months of the year gone like a flash so hopefully some action soon-ish.

It wouldn't surprise me if the seismic has been done as it's not something Origin would release an RNA about - suspect we'll hear when drilling kicks off.

All the best

Difficult to imagine at this stage that we could become an operator - sums required to fully develop the Beetaloo are huge.

I'm quite happy with the 'prove it up and sell it' policy and am confident that POQ is the man to negotiate the best deal for shareholders.

The farmdown process intrigues me. Would I be right in thinking that Origin can't farm down anything without FOG agreement as, until they complete their commitment under the JV, they have nothing to farm down?

Would be nice to imagine a Velkerri horizontal this year as part of that process but probably wishful thinking. Mind you, it's wishful thinking that's kept me here after all these years so you never know!

Happy enough with that - he's clearly very restricted on what he can say at this time.

Re current production - last years Ryder Scott report was quite clear. Expected net production was, I think, 1350 barrels for COPL. The problem here is that many people kind of ignored that and created their own production profile running anywhere up to 10,000, based on not a lot.

I'm sure it'll come in time but having realistic expectations certainly helps me not to lose my head in the short / medium term.

Best of luck to all the genuine investors

Ha, yes. Was very pleased with that!

I see Paddys Motorbike is running in the first at Aintree

Thanks Dip

Was just a wee brain fart I had this morning. Seemed curious to me that he would comment on revisiting the JV whilst discussions over the 5% were ongoing.

I continue to remain grounded and realistic at all other times!

Plenty to look forward to