Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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Ann: Block 9 Alameda 2 Appraisal Update, page-400
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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An intriguing sentence from the announcement in my opinion is: "Like the oil from Unit 1A, this interval could be produced in the future with the utilisation of artificial lift mechanisms." -source: 15/08/2023 8:56 am Block 9 Alameda 2 Appraisal Update
I would be interested to know if Sherritt has had experience with this already, is that why they knew about it/mentioned it? As I mentioned previously, I'm fairly sceptical about whether or not this is possible, but.. if Sherritt has been doing this the whole time, I am all ears and I am willing to be open minded.
source: Fakher, Sherif, Abdelaziz Khlaifat, M. Enamul Hossain, and Hashim Nameer. "Rigorous review of electrical submersible pump failure mechanisms and their mitigation measures." Journal of Petroleum Exploration and Production Technology 11.10 (2021): 3799-3814.
Figure 1 adapted from Zhu and Zhang (2018) A review of experiments and modeling of gas-liquid flow in electrical submersible pumps. Energies. https://doi.org/10.3390/en11010180
"The pump itself is composed of three main compenents, namely: impeller, diffuser, and housing, or casing (different from the wellbore casing). The ESP components are presented in Figure 1. The impeller rotates at high speeds to provide a pressure head for the wellbore fluids in order to lift the fluid upwards to the surface. Once the fluid moves through the impeller it passes through the diffuser. The diffuser converts the kinetic energy from the impeller into pressure head. Several stages are usually present in the ESP string based on the depth of the wellbore and the required lift." source: Fakher, Sherif, Abdelaziz Khlaifat, M. Enamul Hossain, and Hashim Nameer. "Rigorous review of electrical submersible pump failure mechanisms and their mitigation measures." Journal of Petroleum Exploration and Production Technology 11.10 (2021): 3799-3814.
Figure 2, Normal and Inverted ESP Assemblies, adapted from: Fakher, Sherif, Abdelaziz Khlaifat, M. Enamul Hossain, and Hashim Nameer. "Rigorous review of electrical submersible pump failure mechanisms and their mitigation measures." Journal of Petroleum Exploration and Production Technology 11.10 (2021): 3799-3814.
Figure 3. ESP Application in Deviated Wells, adapted from Kolawole O, Gamadi TD, Bullard D (2020) Artificial lift system applications in tight formations: the state of knowledge. SPE Prod Oper 35:422-434 https://doi.org/10.2118/196592-PA.
The main directions to increase energy efficiency of the operation of the artificial lift well stock are:
Technical measures:- implementation of energy-saving design of electric submersible pump units (ESPU);
- using the pumps and submersible motors with better technical characteristics, than standard ones;
- replacement of the ESPU model range and the creation of a high depression due to high heads and great depths;
- comparison of ECE of ESP of different standard sizes, produced by different manufacturers;
- replacement of ESPU by sucker-rod pumping units (SRPU);implementation of dual action sucker-rod pumps;
- implementation of intelligent control stations for SRPU;shifting low flow rate wells to screw pump operation;
- implementation of plastic rods or light metal rods;
- use of submersible cables of bigger diameter;
- cable heating;
- decreasing the load on;
- transition from using asynchronous submersible electric motors to submersible AC electric motors impeller trimming;
- cascade regulation in case of parallel installation of pumps;
- decreasing rotation rate of pump under constant parameters of electric power network;
- using nano-coatings for impellers of ESP;
- creation of installations for simultaneously-separate exploitation;
- use of chain drive;
- replacement of power stations with diesel motors by the more energy efficient ones— gas turbine motors;
- operation of submersible equipment in periodic modes;
- decrease in produced water and its injection in strata (shutdown of low-profit well stock and conducting geotechnical works);
- selection of optimal standard size and replacement of pump aggregates on cluster pump stations,
- booster pump stations and preliminary water separation units; installation of variable speed drives on pumping equipment;
- reducing losses in electric power grids.
- controlling the operation parameters of each well in real time mode with an access to the upper level of automatic control systems of technological parameters (ACS TP);
- completing control stations with individual certified electric power meters, one for each working well or newly introduced one;
- possibility to monitor technological parameters behavior in time, including work current, voltage, inlet pressure, temperature of submersible electric drive, dynamic fluid level, energy consumption and etc. on each well.
- creation of an organizational structure at the enterprise that has the authority to effectively solve problems in the field of reducing energy consumption. Its functioning is based on the involvement of the maximum number of specialists in the process of saving energy, starting with the shop personnel and ending with the top managers of the enterprise, with an incentive to achieve the final result, a clear delineation of areas of responsibility;
- training of corporate specialists with receiving a certificate for carrying out internal audits of energy management system in accordance with the requirements of international standard ISOet
Traditional thermally enhanced oil recovery (EOR), which includes steam injection, in situ oil combustion, and mining, are widely used for heavy crudes, supplying 3% of the world’s oil demand. When thermally stimulated, hydrocarbon properties such as density and viscosity change significantly, facilitating reservoir flow and increasing oil recovery. Increasing the temperature of heavy crudes from the typical reservoir temperature to 200—300 °F can reduce the oil’s viscosity by a few orders of magnitude, significantly enhancing inflow performance. Thermal EOR is an active area of research and development. Thermal methods currently in use and proven successful for the past few decades include hot water flooding, steam and immiscible C02 injection, and in situ combustion. High porosity sand formations containing heavy and extra heavy crudes of API values less than 20 are the most suitable candidates for thermal EOR processes. The aforementioned techniques rely on heat transfer by injected or in situ partial burning of hydrocarbons. They require large capital investments, and applications are restricted by factors such as the target formation’s depth and thickness and other logistics. source: Aljawad, Murtada Saleh, Saad Alafnan, and Sidqi Abu-Khamsin. "Artificial Lift and Mobility Enhancement of Heavy Oil Reservoirs Utilizing a Renewable Energy-Powered Heating Element." ACS Omega 4.22 (2019): 20048-20058.
"Assessment and ranking:
The AL assessment started with a high level screening, which identified the following AL systems as being “potentially suitable” for KOC's scenarios: sucker rod pumps, electrical submersible pumps (ESPs), progressing cavity pumps (PCPs) and variants of these three lift systems, such as metallic stator PCPs (M-PCPs) and electrical submersible PCPs (ES-PCPs). The other AL systems identified in the high level screening (such as jet pumps, gas lift, hydraulic submersible pumps, twin screw pumps, etc.) were considered likely unsuitable for KOC's scenarios due to various reasons, such as being rarely used in heavy oil, being unproven in heavy oil, or having significant weaknesses related to heavy oil."
source: Darren Worth, Eissa Al-Safran, Amit Choudhuri, Ahmad Al-Jasmi,Assessment of artificial lift methods for a heavy oil field in Kuwait,Journal of Petroleum Science and Engineering,Volume 180,2019,Pages 835-843, ISSN 0920-4105, https://doi.org/10.1016/j.petrol.2019.06.012.
Ranking summary tablet for Vertical- high viscosity well -source: adapted from Darren Worth, Eissa Al-Safran, Amit Choudhuri, Ahmad Al-Jasmi,Assessment of artificial lift methods for a heavy oil field in Kuwait,Journal of Petroleum Science and Engineering,Volume 180,2019,Pages 835-843, ISSN 0920-4105, https://doi.org/10.1016/j.petrol.2019.06.012.
"Rod pumps are likely suitable for this scenario. Selecting one pump to meet the flow rate requirements may be difficult. With high viscosity fluids, two main potential issues for rod pumps include “incomplete pump fill” and “rod hang-up”. Incomplete pump fill occurs because high fluid viscosity leads to high frictional flow losses through the pump intake and standing valve. These high flow losses reduce the fluid pressure, which leads to gas breakout and thus to a barrel that is not completely filled with fluid. Rod hang-up occurs because high fluid viscosity increases the fluid drag on the rods and on the plunger, which reduces the speed at which the rods can fall. source: Darren Worth, Eissa Al-Safran, Amit Choudhuri, Ahmad Al-Jasmi,Assessment of artificial lift methods for a heavy oil field in Kuwait,Journal of Petroleum Science and Engineering,Volume 180,2019,Pages 835-843, ISSN 0920-4105, https://doi.org/10.1016/j.petrol.2019.06.012.
If it was true that an artificial lift mechanism could be employed for the heavy oil, then the questions I would ask in the next webinar would be:
1) Has this been done anywhere else in Cuba?
2) Have you ordered the artificial lift mechanisms?
3) Have you considered the addition of thermally enhanced oil recovery together with the artificial lift mechanism?
4) How can you be so sure there is enough oil to flow if the flow tests did not verify this? Do the logs provide enough certainty to build a full field development plan?
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Mkt cap ! $74.14M |
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