Not sure who Moram is but maybe the satellite has the wrong well or surely we'd see two flares unless I'm mistaken. We've already seen the actual video footage of the flaring from the ground of State 36-2 well . For those who missed it, it's here:
Scroll down the page
https://twitter.com/ZephyrEnergyPlc?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Let's see what CH comes up with over the next few weeks and we'll get a clearer idea where we with this. Of course, we need
Paradox to produce and for that all that infrastructure has to fall into place (like the jigsaw CH keeps referring to) but at some point there will be re-rate, and then another and another. Like making a snowman, once the snowball it gets going rolling it quickly gets bigger.
https://www.malcysblog.com/2023/02/flash-blog-zephyr-getech-prospex/
darientaylor. CH did say that but I am not going to waste my time finding out information that you don't really want because you are just trying to pick fault. Read the RNS, it is good news and is telling shareholders that all is progressing well, extremely well under difficult circumstances.
Some will have bought in at rock bottom, some a tad pricier, who cares, once PG had shown his determination to get this over the line all uncertainty vanished. So don't call people naysayers, call them investors who seeing a bargain, went for it.
I am happy with the raise. It means I can get back in at a lower price, double or triple my money before drilling, sell my original stake and hold the rest for the result. Lots of others thinking the same it seems.
A very interesting point in Malcy's bucket list video. The last thing he said was that, 'gas is worth about $170 a barrel if you convert it'.
That shows what we are in for once the pipelines are flowing Zephyr gas.
At about 28 mins 10 secs
https://www.youtube.com/watch?v=_zrrrIbF2RQ
We should know more about funding on Feb 1st when questions can be asked. Until then I find it hard to see why people have kept buying when the sp is falling. If funds for rigless testing are already in place, how much will it cost and why hasn't it been done already?
Is there a cheap day rate for the rig to stand over the well? As usual there are unanswered questions. This causes uncertainty.
This is the result according to PG.
'Whilst this is not the result we wanted the pre-drill objectives and potential resources remain unchanged.'
Do they have the money to carry on or drill again, probably not as it's been squandered on a virtually worthless acreage in T&T that no one else wants. The target is still there but it will cost money to reach it. Placing? If so, at what price 2p-3p?
Too many uncertainties, not everyone was even sure it had been spudded because they never bothered to tell shareholders. What else are they are telling now?
Not bad at all, odd topic when this drill has been a disaster. There is no money for another drill, it's another bad result just like MOU-1 was in 2021. People didn't realise it was a dud for a while and now history is repeating itself.