Re: GDY - Geodynamics Limited
An article from AIR which I thought they are talking about GDY fyi:
How "Hot Rocks" Could Make You Rich
In certain parts of the world, if you drill to 3-5km below the surface of the Earth, you'll find a layer of granite at 250 degrees Celsius. Just one cubic...
Re: OIL AGAIN!
An article from CNBC about the future oil price:
Although oil prices should remain low for the next three to six months, the threat of surging prices remains, said John Hofmeister, former Shell president and CEO of U.S. operations.
"It's really sad," Hofmeister said, in an...
An extract from CNBC about oil price:
Threat of Oil Price Spike Remains: Former Shell Exec
Although oil prices should remain low for the next three to six months, the threat of surging prices remains, said John Hofmeister, former Shell president and CEO of U.S. operations.
"It's really...
Here are the reasons that I think BOW price is high:
- In terms of quality, they rate coal in Surat and Bowen basin has the best quality. Bow just obtained some of the last tenements of the Surat and Bowen basin area
- BOW will have their reserve certified during the year. People is...
If you look at the tenements of BG, AOE, BOW, PES, they are very close to each other and close to the proposed LNG facility. It would make sense that BG will consolidate AOE and BOW as well. It maybe a matter of time.
After acquisition of SGL, the next obvious target in NSW would be ESG.
Current Narrabri CSG Project Gross Certified Reserves:
1P - 21PJ
2P - 336PJ
3P - 1,300PJ
ESG remain confident of achieving gross 2P reserve of 1,300PJ by the end of CY2009. It would be a substantial increase in...
Some expecting upgrades from Pure Energy for AOE in 2009 if the deal goes ahead:
ATP852P - expecting further upgrades in 2009;
ATP806P - targeting reserve certification in 2009.
The takover is funded via existing cash reserves and proceeds from Arrow's previously announced sale of 30%...
Re: MAK - Minemakers
I think they will announce on Tuesday next week when there are more people trading. There are not many people trading today.
I believe that it will be a good news. The management must be very confident about the business before they bought the 10% claw back right. So...
Re: MAK - Minemakers
If MAK is attractive to institutional investors then it would be safer for our investment. Imagine if there will be good result on the phosphate drilling, the price won't just stop at $2. At least we have RIO drilled there with good result. With the RIO drill result...
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