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  1. Argus Panoptes

    Pakistan's Economy - News and Updates

    Well, it is 104.33 already and it has only been a few months of this government. Another 4 years or so and it will get to 150. The new loans taken from IMF will ensure such a great fall.
  2. Argus Panoptes

    Pakistan's Economy - News and Updates

    The answer is bound to be truthful. :D
  3. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Okay, I will accept your position for now. Let's see how and when these resources will ever be exploited. They are not going anywhere.
  4. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Fair enough, but actual RESULTS trump all. Where are the results?
  5. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Yes, but what they propose is a 1000MW dry-cooled power plant, that nobody is willing to finance so far. Why? Because the investment is simply not worth it compared to the alternatives.
  6. Argus Panoptes

    Maj. Nidal Hasan sentenced to death for Fort Hood shooting

    Well, Major Hassan wanted the death penalty. Good to see he got it.
  7. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    So this one company called RPI conducted this feasibility study: http://www.rwe.com/web/cms/mediablob/en/315572/data/227000/1/rwe-power-international/our-experience/mining-services/Thar-Bankable-Feasibility-Study.pdf where they state: So what does that actually do to make someone finance the...
  8. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Thar coal will remain unexploited because of its POOR QUALITY.
  9. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Thar coal is unexplored because of its poor quality.
  10. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    I said some resources are present. For example, here is the reality about our Thar coal:
  11. Argus Panoptes

    Thar coal mining project in Pakistan | Updates & Discussions.

    Our Thar coal is simply of too poor a quality to be used for power generation, all 85 billions tons of it. The hopes attached to Thar coal were always a mirage.
  12. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    The point is this: WE HAVE NO MONEY. We can get something done if and only if someone else pays for it. Like Iran. Or China. Or IMF. Or Saudi Arabia. Or ADB. Right now, no one is agreeing to fund any such projects on our list.
  13. Argus Panoptes

    Naswarville

    Oh my, bad times then. But any one rejected can try again. If they have their mind set. Or go do something else.
  14. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Sirjee, exploitation of the Sui gas field was funded by the USSR, World Bank, Canadian International Development Agency (CIDA) and the Asian Development Bank. We did not do it on our own.
  15. Argus Panoptes

    Naswarville

    Ah yes, the famous 214(b) rejection.
  16. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Priority "lists" mean nothing without the resources to carry them out.
  17. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    Some resources will take many years to exploit with expertise and finances we do not have, some resources being claimed are simply not as large or exploitable, some are simply not real. All such claims are ridiculous in their periodic regularity and their consistent futility. Why blame the...
  18. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    The point is that all these "feel good" stories of mineral riches are useless because they are so far from reality.
  19. Argus Panoptes

    Pakistan's vast Shale Oil & Gas Reserves | Updates & Discussions

    So with these "vast shale gas and oil reserves" and the "hugest coal despots in Thar" and the "mountains full of gold and copper in Reko Dik" we should be all set for the new few centuries. Rejoice! Celebrate! (May be not.)
  20. Argus Panoptes

    JF-17 Thunder Multirole Fighter [Thread 5]

    I agree with you that the fanboys have no bearing on the project ultimately. Like I said, it will gradually achieve its designed potential steadily and with the provision of the required resources. However, reading older threads in this very forum on this topic give a clear idea of how some...
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