Member Info for stockdale

It has already gone very pear shaped. Proven gas in the ground and ten wells already in place over many decades. The only thing stopping this is the politics. That's why if and when the politics is sorted the SP will rerate multiple amounts.

You can always use 'they'. It's gender non specific, if that sort of thing bothers you.

Has it gone now? Wasn't me as his posts are so hysterical they are just ridiculous and, as such, don't influence anyone. Can we get back to some sensible analysis of what may be happening with AST? Would be nice.

I'd really like to believe. I'm not the only one as the market wants to see evidence as well.

Yet Icewine 2 failed to find commercial oil? That huge eh? Nice presentations are all very well but where's the beef?

Current income from Cobre, even without the main client at this time, and income starting from Leigh Creek in July. Plus existing cash in the bank.

My innocuous post in reply to him, with six recommends, has been deleted by Admin but his hysterical post still remains.

Some 'sell on news' lemmings.

Look at earlier posts. It's the same as I and TPT posted earlier (Saturday 19:19 and 19:23).

The ministers are influenced by the votes they can get. The voters are influenced by certain people who have influence in the media. We see this in Britain with the influence of a few capable television and newspaper journalists. We also see MPs having views diametrically opposite to their electorate who voted them in. They see themselves as saving their voters from themselves. It's surprising how a very few can effect the opinions and outcomes of a democracy.

Marko Kocevar is as educated elite as you can get in this field. The problem with the environmental activists is a little knowledge being a dangerous thing. They think the sky is going to fall in when they actually know little about the real processes in the environment.

It takes England to lose a 31-0 lead and actually end up losing with three minutes to go, then get a draw. Shades of Brexit.

The article finishes with:

The answer shows that the opinion of an independent expert is no different from what Ascent is saying from the outset and not from other agencies that have ended up in favor of the British.

So we can conclude that the environmental protection permit would not be necessary. Arso did not take into account the correct advice of the experts they consulted and did not carry out an additional independent assessment of the likely environmental impacts, he decided.

Chrome translates automatically:

https://insajder.com/slovenija/razkrivamo-rezultati-ankete-strokovno-mnenje-neodvisnega-geodeta-o-projektu-petisovci

With the question of whether Arso acted correctly and whether the process in Petišovci was really just a stimulation of boreholes or a more "dangerous fracking", we turned to an independent univ.dipl.inž. geology of Marko Kocevar , from GeoTrias doo . Kocevar is a recognized geologist, it deals with engineering geology, and especially with the problems of liner structures (gas pipelines, motorways and railway lines), individual bridging facilities, tunnels and covered excavations. In the framework of the intervention measures CZ was engaged in avalanches and rocky stretches, and also participated in the preparation of project documentation for landslide avalanches.

The main important projects carried out: research of coal and gas outbursts in Velenje coal mine, rehabilitation of Karavanke tunnel, geological and geotechnical research for AC tunnels Dekani, Markovec, Kekec, Lešnica, Senarska, geological and geotechnical research for gas pipelines M2 / 1 Kidricevo - Vodice, M9 Lendava - Kidricevo, M9 Kidricevo - Vodice, M3 / 1 Kalce - Vodice, M8 Kalce - Jelšane.

He is the author and co-author of several professional articles published at home and abroad and a member of the Geotechnical Society of Slovenia , where he is chair of the section for mechanics of rocks and underground works and has a professional examination according to PGI (RG-0059).

The expert told Insajder.com:

"Your question needs to be answered first, at the basic level. Who will the minister entrust to, if not to the expert services? If the Minister does not take into account the opinions of his professional services, it is best to disband them.

The second question concerns the method of obtaining gas in Petišovci. As far as I know, they have been producing gas for at least 50 years. When they started getting gas, the "fracking" did not exist yet.

As far as I know, in the Pannonian lowlands, gas (as well as other hydrocarbons) is trapped in Miocene sandstone. These rocks are porous and are more or less permeable, so they need to be a little "broken" - or to increase the coefficient of permeability by hydraulic fracturing. If I use additional chemicals, I do not know. The technology is at least 100 years old.

In contrast, there are enormous amounts of oily slags containing kerogen in the United States. However, the production of gas and oil from these shales (kerogen) needs a little more effort. This is where chemistry and high temperatures and a ruined environment occur. The technology is fairly new, I think it's about 20 years old and it is still developing ... but it's very expensive, and it's rewarding for really large amounts of gas, oil. "

So no energy security from gas when it's available in Petisovci. All Petisovci gas is exported to INA in Croatia.

Plus 35% from Austria, 16% from Algeria and 7% from Italy. That's err ... 100% imported gas.

All we have right now are promises and geologist's data of what should be underground. We have no actual oil. Maybe a bigger company can extract that oil. The farmout result will tell us that. Now just two weeks until the end of Q1. Just why would a farmout result come right at the end of Q1? Much more likely we will have to wait longer and the Q1 prediction was just an optimistic estimate. If there is a 'massive puddle of oil' 88E just has to drill down to access it. It's yet to happen with the drills already made. Clearly it's not a 'massive puddle of oil'.

Leave in? And the rest didn't make a lot of sense either.

Even with the 10 million sell the SP has hardly changed. Spread still at 0.25p to 0.35p with buys and sells between. That tells me there's little downside now and lots of upside. The company has no debt and some little income from PG10 and PG11a. It can wait. Clearly some invested can't wait and have got out.

Bechers Brook?