Member Info for Bobtastic

This share has gone stratospheric with potential now, I'm very excited to see what the next 18 months brings

It's called economies of scale, the work force is the same the output is greater, pretty simple really, as for ownership that's been recently settled in the courts and all associated permits exist to prove as much, changes of management often occur with the benefit of new clients or knowledge of government/industry workings proving groundbreaking for the already established company

Well technically, disko did get drilled in 25..........

That discounts the fact that any future high net worths/institutional investors will get risk free exposure to potentially 2 million barrels of oil per day play, with blue sky potential of absolutely enormous profits due to the scale of the assets, how many other companies can offer that right now?

It's still a monumental win, 60 million dollar investment with out the associated dilution that would've come with that if we would have drilled those holes on our own, as soon as the first civils start, we can basically confirm it's all true

Not necessarily a bad thing, it does state in the slides, Montreal to Greenland, very possibly long lead items have caused unforeseen delays to the schedule, it could also be possible that we've missed the boat and everything is already there, I'm still looking on the bright side of things

The nordika has gone dark, I had it last in the chesterfield inlet at baker lake, but it's ais is still showing from 10 days ago, the miena is due at panger tomorrow so if the nordika sets sail today from baker.............the ducks and lines

I'll be watching for new arrivals into pangnirtung that's for sure, if the nordika calls in, on the way back from baker, then bingo

It all seems very odd tbh, why would you commission a boat to go to a mothballed uninhabited mine, and from there call into another tiny hamlet in the middle of nowhere, it's all speculation until it isn't obviously, and that boat may have sailed in the summer like rod originally said, strange........

There's been a cargo ship moored off itto for the last couple of days, obviously could be anything, the point being that the mouth of the estuary is still open to shipping

That's the best part, it's not us doing the organising

In the earlier interview with rod, when explaining the chain of events he said the ship will leave for Dundas/moriusaq, pick up a dozer and some other bits and then transfer to constable point to start the civils, it's the same shipping agents so the actual ship is a bit irrelevant so long as it has it's own craning facilities, which the miena does

Interesting destination for the miena desgagnes, almost caught me dozing on it...........

Spac

The gnld IPO was always slated for q4 yet most of the mobilization graphics are from June/July/August, so it would be logical to presume phase 1 of the operation will be funded privately before they have to give away most of the profit sharing via the space, it would be nice to get confirmation of such otherwise we're guessing either way

That is of course all true, however I'd like to counter the argument that we have to wait till after the spac, in the prospectus it implicitly says march gl will initially fund the two drills, not Greenland energy, so it's possible that the prospectus timeline is still largely in place and they will attract new investors once at least 50% of the licence has been transferred, giving those new buyers a sure fire spud to pump up the road show

My godfather used to say that............

That's the nature of the business, we're an exploration company, it's binary

We all know 80m will have to raise equity at some point, one would hope that with an imminent drill ready to prove up prudhoe bay 2.0, any raise/buyout will be on far better terms than we could negotiate today

In light of that interview with rod, is the argentia actually our boat? He states we've a few things to pick up in Halifax first, then onto Dundas, marystown, whilst not exactly Halifax, it's close enough to raise my suspicions.........it's due in port today........... interesting