Member Info for AJ1409

Could be rolly based on the price difference.

I think it's down to where the company is headquartered. I am in another company with dual listing (AIM + Toronto), all regular rns's were circa 7:00 AM UK time. Of course event based rns's need to be times at the earliest opportunity. Guess it will be UK time??.

As a side note Tanz is 2 hours ahead of us.

Not concerned about the large trades. All in the price. One day they appear as buys and 'someone's in the know' and the next day sells 'someone's in the know'!!

You have to remember some folks may have bought those at circa 6p and I wouldn't begrudge them for taking profits or top slicing. However, there are some only just taking a punt of that magnitude. ...even buying at a recent dip, 350K makes a fantastic return!

GL. Hope patience pays off.

In the earlier tweeted pictures and video there were guys effectively over the drill hole.

I am sure all the health and safety guidelines are being adhered to. Merely inquisitive!
:0)

Guys, not been in any 'alternative' gas exploration and production company before, i.e., non-combustible type.

Why is no one wearing masks at the drill site? I ask as surely over exposure to He can't be good??...further, Covid guidelines?

Googling: "The more pure helium you inhale, the longer your body is without crucial oxygen. ... Inhaling helium from a pressurized tank can also cause a gas or air embolism, which is a bubble that becomes trapped in a blood vessel, blocking it. The blood vessels can rupture and hemorrhage."

Hey Bigplan, thanks. In one of my earlier posts, I had effective deduced the same as you. So, here's hoping that bounce in his stride continues culminating in the mother of all rns's!!
GL.

Ok, Just re-read the spud rns, a bit slowly!...and noted this at the bottom (from DM):

"Drilling of the first well is expected to take approximately one month to complete and will produce valuable information about the subsurface. Helium detection will be constantly monitored during drilling to identify helium gas shows from mud logging. On completion, wireline logs will be run to measure formation properties downhole, as well as identifying any pay zones in the success case. Any discovery will be tested with a drill stem test to attempt to flow a sample of gas to surface for grade analysis."

So seems wire logging was always planned upon 'completion'. So we are unlikely to hear about any zonal traps until TD.

Thanks MrSpaceTom,
:0)

Hellohihi, thanks for your reply.
"I imagine they’re still getting helium shows all the way down but not worth RNS the same thing over and over."

Yes, I get that. but in the interview he has also intimated that He show @ 400m is higher than @ 70m.

I am assuming this positive trend as we go deeper has forced him to skip the intermediate tests - and reporting - and press on drilling to TD. Makes sense. But (a minor but), being the first drill on this journey, with uber excitement, he was happy to do an interview but the stakeholders have no direct access to that information (nothing on company website), I think a deviation (?) to the original plan perhaps deserved an rns.

Hope he maintains that bounce in his stride @ 6:00 AM!!

Sorry to butt in, but seeing many think DM chose not to report at 400m (rns) as he chose not to wire log the hole, then why did he RNS at 70m?....didn't have to as no wire log. Am I missing something?

Surely as the spud rns laid out what the drill schedule was, I (may be I am being naive) thought we'd get an rns at 400m.

Just questioning the logic being presented by some, though not too fussed as I intend to be around throughout the 3 wells programme.

On the flip side, I'd may say that his 'shout' is getting louder. The deeper we drill, the higher he will climb, roof top eventually!

Of course I meant it as a metaphor. They are better equipped to make statements. Everything going to plan would've sufficed....not literally!
:0)

.....and just so no one jumps on my back due to my last post. I added just below 24p!
GL all.

PJ, TBH, I am a little irked by how the information is being disseminated by DM.

Agree with you that Tweet y'day was poor PR, even after clarification. Then rather than tell shareholders directly about the progress, he chose an interview. Why not a tweet this time round? Obviously nothing worth RNS'ing, and I am not complaining about the interview. Just a tad miffed by channel used for updates. I'd have loved a Tweet saying 400m and counting!

Need also to manage expectations. One month is not cast in stone. RNS said "approximately one month". You can only plan so much for unknowns. This is after all the maiden drill.

I remain optimistic there'll be something to announce prior to TD.
GL

Good to see DM being on the ball and has b*****ed someone!

Indeed ndn71.

I welcome the tweeted pictures as it shows not only the activity on in the field, it also gives a feel for the setup, equipment and personnel. I welcome that. But to regurgitate 10 days old statement alongside was uncalled for. Picture without words would have been adequate.

I commented yesterday that I expect some sort of announcement before TD and that silence will not go down well. But the PR around the ill-conceived tweet hasn't gone down well either. Hope some of DM's excitement is utilised to address the PR that supports HIS views.

Has the Deliveroo guy signed up to the confidentiality too?!!...turns up and hears a lot of squeaky voices.

Joking aside, yes, agreed, jobs at stake with the drilling company taking payment in shares

Well done Tommy!. Yes, may be opp missed. Same happened y'day, put in an order at 24.7 but it bottomed just above. I tend to stick with my targets and review next day. Two days of yo-yo-ing and might not get another chance. There's always another range to aim at. BTW, I did the same as you with the last trade, selling out @ 27.5!

Based on your avatar, I'd have gone for 3 steps up and 1 back!