Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
This is what Eagle said.
I am hearing rumours of an initial rate of 1.6 mmscfd.
Which I quickly had clarified as false as brine and condensate was still being pumped out..
Then Eagle sells.. again on rumours or here say..
Scared investor..
Loads to come.. π
If you bought in under .1 that's brilliant.. look forward to making plenty of profit..
10 days or less to find out..π
Maybe a weekend tweet like last week.
Who's gonna say it. ππ
Could also get one early tomorrow.. π
Currently no numbers.. still pumping out Brine..
I have emailed so sorry Eagle not true.
We await updates via rns or tweet update. π
Straight of the back of this we should secure a JV partner, hopefully blue chip.. π
An email will clear that up.. π
Removal started Sunday sos. π
Bringing up the past to cast doubt again Gordon.
Anyway moving on.
Going home today..
Why would the well collapse. It's already an established well.
Sorry Gordon, then please put that in your text as to not give people the wrong impression..
Everything is going swimmingly.. π
Sorry Gordon.. Nothing really changed.
Apart from jet pump set up completed and tested .
And now pumping out the brine and condensate.
So quite a lot has changed since last Friday..π
C-77H jet pump installation completed. Surface equipment tests are currently underway prior to resuming production with artificial lift.
So this was Saturday.
The start of fluid removal probably started Sunday.
I expect it to be cleared today..π
The aim of the re-fraccing of the C-77H well is to demonstrate the ability to achieve production rates of 3-5 times the well's current production capacity, providing a model for the highest commercial returns from a full development of the EP-IV tight siltstone reservoir. The contingent resources of the EP-IV reservoir have been estimated at 930 BCF of gas and 61 million barrels of condensate (RISC 2015).
Hopefully when fully clear of condensate this will be our target..π
10 new wells starting in Q1 and working off the same platform with jet pump to hand.. Drill the hole get the gas and condensate.. Job done,money in the bankπ.
A 1" bore at 1500 LPH could clear the well in 24 hour.
Obviously 2" bore 48 hours .
This would be at 50% jet pump flow rate.
The max flow rate of a jet pump is 3000 LPH.
Who's doing the maths..
No different to anyone else..
But end of week will be very exciting.. Definitely don't want to be out over the weekend..
Like you Gordon I've been here a long time..
Really looking forward to the results, just the same as the awaiting JV partner.. π
Maybe Gordon...
Nice to have lots of positivity and a good chat.π