Member Info for viable

https://www.portodemanaus.com.br/?pagina=nivel-do-rio-negro-hoje

For downstream river watchers . . . needs to get out of the minuses.

Taking a breather on SOUC hype for good reason:

a) will be contacting Shubham Garg again as he seems to have slightly changed his tune on the company. Previously, four months ago, he was quite dismissive when I spoke to him;
b) 3-mile laterals are evidently commonplace and I know little about cross-unit permitting on the MOGB;
c) shall therefore await Gary's next announcement when the delayed Haynesville rig should be on its way back to Natchez.

Have not been giving PTAL regular attention as expectations should gather real momentum in Q1 2023. Two points are noted this week:

a) James P is arming his spear carriers with shotguns (allegedly). Charming fella;
b) the river level at Iquitos is rising very quickly, i.e. good news for the larger 20k barges.

Being biased am none too pleased with Chinese involvement/diversion. Emergence of recent potential in an area ~35 km from Kakamega promotes starter open-pit site in a setting less densely populated than Isulu/Bushiangala. Resettling <50 families will cost the company $s as the government is unlikely to finance rehousing.

Perhaps West Kenya will be separated from the pie.

Ramula, Miruka, Ramba-Lumba, Aila, Masumbi (plus anomaly 22) are among the seven new (2021) targets. I look forward to Eric's Youtube(?) commentary.

https://shantagold.com/_resources/Q3%202022%20Production%20and%20Operational%20Presentation%20v3.pdf

It's coming, placee or not. Lot of kit to get from the Hayneville which had a snag with the drill. Anticipating news on whereabouts of next batch drill location. . . and wondering if the process can be scaled up; up to 10 rail-track pads are envisaged by 2024. IA and GM will already have a handle on the tech. See -

https://www.hebrewenergy.com/batch-drilling/

Add another zero. John Festival = 1m.

@ 12:56 - Was it perhaps Colocotronis? I had dealings with them and they took 6 - 12 months to pay. Also, I admit to bias on Grindrod, who hit the buffers at different times in the '80s and '90s.

https://www.mineralanswers.com/mississippi/producers/southern-energy-operating-llc/3551

Although backdated the above includes SOUC's production numbers.
Section 19 wellhead gas has therefore started to be shown in July.
As I was left-fielded by the cash raise my initial hype (mea culpa) is replaced by a steadily improving performance, i.e. H1 2023.

Maybe Bristow has unfinished business -- ex-Acacia -- in W Kenya.
And he certainly has good repartee/relations in Dodoma, Tanz.

Re-invented as Fortissimo. Persisting with SOLG.

@ 17:25 - You have reminded me that it was an unknown Chinese investor who offered to construct a gold refinery in Ikolomani (2020).

https://www.the-star.co.ke/counties/western/2020-08-31-chinese-investor-promises-jobs-on-tour-of-kakamega-gold-refinery-plant-site/

https://www.tcme.or.tz/board.html

Our Philbert (Singida originator/developer), Chamber of Mines chairman, is one person who will be unhappy with this development.

And I do not want to see Kenya project being abandoned after all the hard work.
Yuri will be none too pleased; bushi/Isulu, etc is his baby.

Coordinates
31.739186, -89.849336
31.735427, -89.843389
on map (satellite view)
https://www.google.co.uk/maps/place/Mt+Olive+Rd,+Mississippi,+USA/@31.7345993,-89.8459779,943m/data=!3m1!1e3!4m5!3m4!1s0x8882b1a7e2a7c173:0x74441caf5d4c49d5!8m2!3d31.7547077!4d-89.8149445
The first line shows site of the first 3-batch drill which is a previously worked (old) operation. The second line is the site for a more recent, shorter SOUC lateral. The point is to draw attention to wayward statements made by some commentators, which can lead to belief of testing entirely new ground.

The first Mt Olive trio was understood to have been drilled to ~5,400 ft depth whereas the next project(s) are likely to penetrate three separate horizons.

Could our merchant navy men please take a look at TMIP and Grindrod.

Mike1959, via a comment on another board, has given me another interesting subject to follow up. I should have been more aware in view of Grindrod connections (CT and Durbs) 1970-90. Refer -

https://portalvhds1fxb0jchzgjph.blob.core.windows.net/press-releases-attachments/1439364/Report%20of%20foreign%20issuer%20%5BRules%2013a-16%20and%2015d-16%5D.pdf

https://www.cnbcafrica.com/media/6313644624112/

What is KR's current thinking on this one?

https://www.africanews.com/2022/10/10/ruto-to-construct-the-tanzania-kenya-gas-pipeline/

Pipeline to Mombasa and thereafter up through Tsavo to Nairobi and feed into power station(s). The days of charcoal burning will be over in conurbations within two years. Ruto hopefully a big improvement on Uhuru and his father, Jomo.

. . . afterthought. Is Beira an option/conduit for Zim when production takes off?

. . . had wondered about the Maputo factor. Nice to know. Even better if it is as efficient as the Lourenco Marques days. Durbs and Richard's Bay are a bit of a pain.

Not too fussed by progress or lack of it. MOGB are not known for their alacrity and the next generation extra-long laterals could further complicate processing . . . especially when they encroach on adjoining 640-acre sections. For the keener eye refer to the link below. Anything with Jefferson-Davis Co in the list should be noted -

https://www.ogb.state.ms.us/permitpage.php#

Have yet to write again to the COO with a raft of questions but cannot expect him to respond to an irritating investor. The September presentation includes intricate detail and should be used as principal guide.

https://southernenergycorp.com/wp-content/uploads/2022/09/Southern-Energy-Corporate-Presentation-September-2022-1.pdf

Regular contact with another CEO i.r.o. a 2023 growth factor is a primary focus at present. DEC remains another prospect but I'll hang in with SOUC because of the heavy-duty rig.

https://www.thecitizen.co.tz/tanzania/news/national/samia-s-key-role-in-tanzania-s-new-positive-outlook-3979584

I'd like to think WEN will be a steady little earner and Tanz is becoming a useful alternative investment option as we plunge into disarray here. Certainly keen on both WEN and SHG for 2023.