Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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I see State 16 as a exploration development well also. I have said so many time before and a long while ago. They will use it to test the horizontal concept further and develop methods to prevent salt build up. They are also going to use it to drill/ test overlying layers in the same way. C9 will be the next test there after they play with the salt build up issues. But need the pipeline still for whatever they do.
April 10, 2024: The Moab Field Office is re-evaluating environmental assessment timelines in response to 40 CFR Part 1501.10. Look for a new ePlanning page in regards to this project in the future.
That's interesting.
BLM pipeline application for state 16... Cancelled!
I wonder why...? And will they have to reapply as it was sat there for nearly 2 years.
The other option would have seen them exercise them prior to 15/4 which would give us another 32.5m shares possibly being sold now. 🤷♂️
Why on earth extend their warrants? Business is business surely? Unless they still need them onside???
Oops, wrong thread!
Not very good presentation skills, they need someone who can communicate clearly and not sound as though they are just reading with a monotone voice.
Kick in the bxxxocks on a Wednesday morning. Cheers!
I haven't looked at the accounts but presume that the 'legal fees' were a debtor that has now been removed?
A bit like getting divorced and your lawyer ends up with a share of your house alongside your ex?
The good thing is they have done this pre-drill on 36-2R. If they had doubts of its success might they have waited for a failure, the drop in price and then issued themselves even more shares?
Let's just hope it doesn't become an annual thing...another good reason we need 36-2R to come in, cashflow to stop dilution!
Shares and warrants instead of cash. Its minimal dilution and demonstrates faith in the Company's future prospects. Its not only this drill and The Helium that Turner Pope clearly have eyes on . Good news and just rewards for getting the company to where it is now. Poised for greater things!
Interesting Turner Popes warrants have been extended to 2026 at 3p, so I guess they don't fancy exercising them until after they see how drilling goes.
Been in since Rose days . Pleased to see that yesterdays rise wasn't eroded by early profit takers, at least to any meaningful extent. Next couple of weeks will be very interesting More so than ever before. Right crew for a high pressure target that could a yield real rise in the price. GLA LTH's
Fair enough… I’m certainly not anticipating the content is not positive so won’t be selling until the news is released … been holding too long to miss out on that
GLA
But not the content..seen it umpteen times, but don't take my word for it...just watch
You say they’re be a spike on leaked news…. Surely no spike if it’s a failure and it gets leaked?
As i have said before its a high pressure system down there and we are going to drill into it again.
The flows could be well above what was originaly envisaged.
Short term this was an issue but long term it could be a huge bonus
Unfortunately if there is even the slightest blip, the market will be unforgiving.....quickly. as i said though. whatever your poison, grab the rails and away we go..........
Kipper, slightly different this time given they have confirmed they have hydrocarbons. If the flow tests show it to be significant the traders selling will likely get swallowed up by new positions. As you say each to their own but its certainly looking like an exciting few months ahead. 👌🏻
i have been here two years, and was here at 7p. "this time next year rodney". and look what happened. after topping up two months ago i am now 33% up. a great return, and as i said a couple of weeks ago, it could yoyo merrily yet, and we haven't even got the drill turning yet. last time it spiked the clever boys were all talking about 20p, it would be a doddle, just drill a big hole and paradise is just around the corner, alas this is mother nature and we all know she can be a *****, just as she was last time. this time however i am not falling for it. when the noise reaches fever pitch, just before the announcement of the drill success or failure, there will be a nice spike, there always is, when it leaks out (as it always does), and then i am out. if it does succeed, and it is going to hit 20p. then i will jump back in, but i would rather lose 20% of a good strike than 50% of a bad one. whatever your poison of course, and as ever gla. enjoy the ride
Nice to see this s/p is warming up somewhat again.... but this doggy/puppy can be volatile.. so nice if it doesn't retrace like it did recently from around such level.. and instead motors on well into the 5 p's this week.. and why not (please) !
Let's hope so.Been a long time coming
As long as it is completely successfull.To me that is the most important aspect of this particular drill.
Had a good day,now for a good wine.
Enjoy your evening.
Be nice to be ahead of timelines