Member Info for Stebol

This from SmallFish991 on Hot Copper forum;

North pond has filled in the past few days, it has generally been dry for the past year.

Three possible implications:

1. Nothing

2. Flowback has improved - I doubt it, the south ponds have been wet during the flowback period and the north dry. It is possible the well is cleaning up, there are a lot of lazy wells in the US that behave like this initially. None with reservoir this good.

3. Water is being prepared for remedial 'skin' treatment.

From Mining News.net;

RIO Tinto has put its foot on the potential multi-decade Kasiya rutile-graphite project in Malawi by taking a 15% stake in discoverer Sovereign Metals for A$40.4 million.

Agree with you LewisWinthorpe re the management team.

They are doing everything they can to avoid dilution including grant funding, strategic partnerships and focusing on one thing at a time.

In other hands, we'd have seen capital raises to progress Nkalonje, more for rutile, another few million to look at our Uranium, etc etc. I like the focus as it is.

Crumbs, you never know but I suspect you may be right!

I thought the presentation was good and Alex seemed very confident re the MDA.

Very content with what I've heard

Maybe it's just a corporate update.

If. however, there is news and it relates to Cotec, then no doubt they'll release it when Canada opens.

Newtofo - after more than a decade of waiting I can almost taste the anxiety. You're not alone I assure you.

I'm already planning to watch the US Open to it's conclusion at around 4am Monday morning, although really I'm just hoping for a TBN release on ASX.

Next moves will depend on the numbers. I'm sure when we get them the levels of 'what next' speculation will be off the scale.

Best wishes to all who have stuck with it.

Well, if TBN announce anything, I would expect him to follow suit.

Or would you prefer he waited until Tuesday?

As long as it's good news then get it out there

'Newcrest has the potential to earn an additional 24% joint venture interest through

expenditure of a further A$17 million by October 2024.'

Seems possible that they'll now be doing this although the mixed messages over the last couple of years have been confusing to say the least.

Playing down Hav potential; not wanting to pay peanuts for the additional 5% but now seemingly keen to manage Juri, despite having a more negative interpretation of the Blackhills results than GGP.

It's all very interesting, particularly with the additional 'corporate tension' in the mix with Rio (who are happy to be recompensed in GGP shares). Fun times ahead

Not sure I agree that any funds raised will have to be at a discount.

Firstly, there may not be a raise at all on ASX listing - we simply don't know yet.

ASX listing is still maybe 3 months away - plenty can happen between now and then.

If there was a raise and it was for an asset purchase then the price of the raise would be affected by the perceived / actual value of the asset.

It's nonsense at this stage to say any funds raised must be at a discount

Hi Origin. I think is just a Proactive Aus re-tweet. The original was a while back

I note on Page 5 the 'potential' use of Telfer plant.

Has this term been used on previous presentations or is the potential just part of the massive game of chess currently being played out.

Seems to suggest that we might use Telfer plant or we might not, dependent upon a zillion possible outcomes.

It's nice that things are beginning to get exciting again

Question from a gas flaring simpleton.

Would there be any point, at all, of installing production tubing at great cost if you believed that the gas flow you hoped for simply wasn't there?

I assumed they proceeded to this step because all the data post frack was positive?

Not stressed yet!

posted on twitter by Stuart Hinds of the Blind boring rig at Hav.

Could they be at the 'install production tubing' stage?
This would involve the well being shut-in for a period.
Just guessing like everyone else!

Great news today and COPL can continue planning ongoing works now with confidence.
It was mentioned at the Wyoming hearing that the snow should start thawing in around a month so not sure if any digging for replacement gas pipelines will happen until then. Hopefully the sage grouse will find somewhere else to breed this year as well - I don't know if they're partial to snow.
Plenty of work to be getting on with in the meantime - having the cash and the support that goes with it will be invaluable.
As has been said many times, news on JV / RBL can drop anytime. Eventually it will and we can all enjoy people drawing pictures of rockets and saying things like 'boom.'

For those that have been holding / adding for gi***ears, a bit of up and down in the SP is nothing to be concerned about. We're almost immune by now.
With respect to newtofo, I think news in the next couple of weeks is hopeful. Guidance was pretty clear - 2/3 weeks frack; up to 4 weeks clean up; 28 days flow rates. That would put us end April at the earliest. Anything before then, if positive, would be welcome but I'm not expecting it.
We've had plenty of potential share price triggers over the years - I'm happy to wait for (hopefully) a real one this time.
Best Regards

Australia’s Newcrest Mining and suitor Newmont Corp have agreed terms for a round of early-stage takeover talks, ending a four-week standoff that threatened to spoil a potential $20 billion-plus deal.

It is understood Denver-based Newmont settled on the all-important non-disclosure and standstill agreements in recent days, paving the way for the two groups to meet for the first time since Newcrest rejected a $22.4 billion takeover offer.

On its way according to TBN twitter. Contracted for a minimum 2 years.

Personal visit to Proactive studio to record a 4 min segment on Scallywag results?

Can't help thinking there may be more news to come tomorrow.

Very nice update though

Whilst its usually nice to have news on progress I wasn't expecting anything until late April / early May.

Guidance was 2-3 weeks fracking, up to 4 weeks clean up, then 30 days for the flow rates.

I wasn't particularly nervous about flow rate - at least until newtofo mentioned it! POQ was keen to stress 3mm cu.ft/day as commercial; JR as ever bullish expecting 5.
Thank god for Cheltenham Festival to help pass the time.