RE: DM interview yesterday20 Nov 2024 12:06
I've just watched the DM proactive interview again.
If you have not seen it, check it out and if you have seen it, highly recommend watching it again.
https://youtu.be/WKymDUWgEJU?si=KFhjq9fB-9nDWFNa
DM is so laid back that if you can't help concluding that this is a relaxed individual with nothing sinister to hide. There is a total disconnect with the deramping and negativity that was shown on this board yesterday and early today.
He clearly states that the well is commercial with just the one flowing zone and talks with ease about common and cost effective stimulation techniques that can be practiced in North America to tickle the other two. I love the comment that getting one or both of the other two zones to produce (all the indications are that they will) could mean that "this baby could really sing'.
That is not a quote from someone who is worried, and in fact the interview is littered with positives as well as sensibly acknowledging some routinely overcome issues. I remember the doom and gloom merchants when the shale issue occurred and I remember Bo saying they would deal with it "in short order". Guess what, they did and I have every confidence that they will again.
Exploration is a calculated gamble. It would be foolish not to acknowledge that but this is past that stage and moving on to the next. This is a confirmed discovery and I believe it will be joined by Rudyard in due course.
There has been some garbage posted on here on both sides of the argument along with the occasional gem from the few posters who pretty obviously genuinely know what they are talking about. You know who you are and thank you.
As for me, I will continue to trust the Helix people involved who I really do think are being straight with us and am happy to sit back and get full value over the next few months from what I consider to be the best opportunity on AIM for ages.