Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
I run my car on LPG, it is a much cleaner burn so is environmentally better. Oil companies often burn it off at the well head because they are after oil not gas and it costs me about 65 pence per litre. Seems such a shame that the motor industry never embraced LPG. Probably because it knocks 5% off of the top speed so they can't boast a higher speed than their rivals but who in heck travels at 110 mph anyway !
Ha ha well if what was said below were the true salary then how would they make a living wage in UKOG. So many people seem to think that there are dark forces at work talking up and talking down the SP. Just my opinion, of course, but I think we are witnessing PIs going about their normal chit chat , but I must admit I haven't looked under my bed, might be some pampers, de pampers, of even MMs under there !
Well the £ is bound to slump (unless they can get an agreement in which case it will rise) anyway a slump means oil; being priced in $s, the cost of oil will go up in the UK, which will be their main market anyway. Brexit is going to mean some belt tightening but Britain works best when the chips are down, so it will be temporary and the end result will be freedom to elect our politicians and make our own laws. Rather than being governed by people who are not elected by anybody. Also governed by an organisation which its auditors have refused to sign off their accounts for the past 40 years....Sounds a bit criminal to me !
I am not too sure about the computer on AIM. It has been virtually unobtainable for a couple of days in this area (nothing wrong with any of the other web sites, I may add), and that is not new either. Also I have seen twice in the past when it has suddenly marked up shares by more than 500%. Seems like they do not replace the elastic bands often enough
They are working down an existing bore hole. So even with resleeving and perforating that will not take them long, and they have had a week already. So all things being equal an RNS next week and another share blip to go with it
I am not sure but I seem to remember that YA were involved in the collapse of CAZA. if so IMO YA seemed to be very predatory, The story was that CAZA had been caught out by the oil price slump, although they were already in production, but they extended themselves just before the slump and couldn't finance what they were doing, so did a shares for cash swap but the lender wouldn't extend the loan past its due by date. CAZA collapsed along with a bit of my money. The offer was 500,000 shares for one new share .I don't know what happened to CAZA afterwards .
They say that each human generates about 2 litres of methane per day, vented in farts (even silent ones) Multiply that by the population (you do the maths) of the world and clearly one of major producer of methane is the human race, even by people from Greenpeace and Friends of the Earth. One could, therefore argue, that if they were so concerned about the effect of methane. I leave you to answer that ;))
GP, FoE, and DD, rabbit on about methane, but it is ever present in the atmosphere. It is not a poisonous gas, albeit a potentially explosive one if. (I run my car on it, or its brother, Butane) Methane continuously vents to the atmosphere 24/365 in boggy and marshy places all over the world.As well as from cows stomachs and our sewers. In terms of poison, it is an oblique back door method. So if one were to inadvertently leave open a presurised canister of it in an enclosed space it would over pressure the room and push out the natural air and you would die of asphyxiation. The lack knowledge of the DD and Green rent a mob about methane was demonstrated at Balcome where the protestors were complaining to the press that they could smell gas. Methane is odourless. they artificially put the smell in it so that people will know if there is a gas leak. The gas the protestors could smell was probably their own people letting off canisters in the bushes, demonstrating their own ignorance about the thing they were protesting about.
Well we are lucky to have somebody who is all seeing and all knowing and an expert on absolutely everything, to such and extent that he can lambast us fellow mortals. But reading your article it appears that other people simply cannot do anything right.........and are all ignorant in way or another... I believe there are tablets for that sort of thing !
That is very interesting JayKay. I often think there is a load twaddle in here sometimes when you get people accusing others of ramping/deramping long or short, or dark allusions to MMs being in and manipulating the SP. I have a feeling that the real stock market players who do those sort of things (but with real heavy money)are not in here at all. The corporate buy in here is settled they are long term investments and they don't buy and sell. That leaves mostly the PIs. What is your take on that ?
I am afraid it is down to paralysis of government not the companies. It takes months get approvals and you have to have new approvals at every step of the operation. I suppose the Conservatives are at least somewhat friendly but the other parties have indicated that they would ban exploration !
Thanks for the info re 'Weald Oillies', I looked at it and they reckon that 13 tankers have left HH, no time scale though. Anyway, my little calculator tells me that is 2782 barrels (give or take a pint or two) At X $68 per barrel least that will pay the BoD salaries for a week, or two :))
Delighted to see this going up this morning, I have been through the ambit of possible reasons why it was persistently going down, was beginning to think that there was some insider knowledge about to make the headlines, but now the SP is reading 'content' ! Bless you investors !
Well said, too much crap spoken on here about shorts and longs and MMs and rampers and derampers.None of them really has the clout to do any of these these thingsJust something they have picked up from share jargon to appear to be all knowing
IMO, I don't think that there are MMs operating in AIM. Yesterday I thought it was just profit taking by PIs, but that must surely have bottomed out by now because they will soon be selling at a loss. I am wondering if a lot of people brought shares a while ago and saw them go down and down and their losses were mounting. Then a blip restored their loss, and added moderate gain, so they got out quick, but they dumped so many shares that they are washing around looking for buyers
They have a 150 day window, starting from about mid-tune for testing all three layers. As with Portland they will announce each layer as they have completed the testing of it. If it follows the pattern of Portland there will be a reported on short flow test. Since last time the KLs flowed without stimulation, they shouldn't need a pump so my guess within two weeks for the first KL (short flow test) another week, or so for a depletion test . Then move on to the last KL