Member Info for British_Mike

Maybe PRE should've stuck to a more simple plan as was earlier during drilling.

They were due to "break ground" at the mine site January 2021. A more simple plan back then... and maybe just sell the concentrate to whoever wants to process it - even if it is China.

Instead, the simple plan of mine to market is nps complex. RBW have issues with Chinese influence and their mining activities... who's to say China (who buolt the dock and surround infrastructure in Angola won't do the same there?

Gees Zap!

No gold and you be lucky to get 10% of that back :-)

This is high speculation stock

As I predicted on the 27th January- the sp eventually dropped below the placing price (5p) the other day - hopefully all the whingers topped up (at a better price than the II's) after crying about not being able to buy in at the placing price.

Onwards and upwards now CH/ZPHR - great work as usual and exciting times ahead!

The Q-11 main reservoir was water wet, and so the market has reacted appropriately.
KIST included this important piece of negative information amongst a larger more positive backdrop RNS - instead of a dedicated well result RNS.

This is clever in maintaining AA/KIST high regarded reputation as being very successful. Of course, I do believe AA will make KIST very successful as he did with Rockrose - "...but you can't fool all the people all of the time".

I like AA and KIST but Q-11 was still a set-back despite two secondary gas layers. Also, yhe Dutch gas spot price has fallen back (although still high).

Hopefully next news is pure positive and we can continue the increase in valulation.

Indeed, I agree Iamrich

Iamrich - What you on about? WSBN's drill target is much larger size and more shallow than GGP's Havieron.

Gold here... WSBN's current £16m market cap and you're suggesting 10-bagger £160m??? I'll buy your shares at 90pence.

A JV with Newcrest and WSBN could be a £billion market cap

What you expecting him to say? They are drilling Red Setter and the RNS will come out once finished snd initial results known.

HE1 CEO tweeted all the way through their hi-impact drill... looked like an idiot once the well drilling failed having been soo positive tweets.

Nothing for WSBN to say until drill result known - it would be inappropriate and pointless to tweet false hope during drilling.

Thanks Keith. I wasn't comparing ADV with KAV - I was mentioning my need to derisk my exposure in KAV incase B2 fails. KAV share price will at least half on s failure at B2. For me, getting burnt at ADV means I can't let as much risk run here at KAV.

I'm also in at WSBN for their high-impact drill and can't derisk as the current share price is way below my entry.

All 3 companies have 'game changer' results due similar time and to get burnt on all 3 not so fun, hence needing to derisk at KAV having bring in good profit pre-B2 result. If ADV was a success then I wouldn'g need to derisk at KAV :-)

As much as I like KAV management - I had to derisk this week. ADV.L had a 90% CoS of 80m+ commercial high-quality clear oil Buffalo-10 drill... ended up being 12m uncommercial oil traces. I repeat... 90% chance of success!

All the evidence to date points towards a positive B2 drill result and any failure/inconclusive outcome will be heavily punished share price. One thing I find worrying is an 8000 Siemen reading, yet further down hole and it increases to 11000 reading. This does not give me confidence in the technology - it's either 8000 or 11000 conductor... way too much difference in readings for the same conductor. I'd been more confident if at during mid-drill the reading was still 8000 ish.

Anyway, fingers crossed!

Adon 30 - ZPHR share price is currently 4% above the placing... just buy on the open market whilst the sp is depressed?

PXC did a shareholder placing not long ago... as soon as the placing close period passed the MM's dropped the sp lower than the placing price. It's sp was floating just above during the open-period.

Might get ZPHR stock below 5p soon.

Indeed Zap- so why are ROCK looking at zinc in Greece? Every penny is needed at the copper sites

Was on Google share price earlier. Probably the spread being moved about.

Up 10% spike just now, are they still drilling at Ayra?

Isn't the sp over 8 times higher than June 2020 and at one point about 17 times higher?

Seems to me lots of nerverse pi's that bought on the sp spikes - and now need feeding any updates to settle their insecurities of buying too high. All gold explorers have taken a beating... wsbn no different.

There is an 'operations update'RNS just released, but not showing here yet.

Legalwolf - The majors still hold the cards even without investing in KSZ. Why step-in now when nobody knows if/what KAV have in the KSZ... little is proven to date.

Even if KAV 10-bag on a 'discovery' a £200m market cap KAV is cheap as chips. The major's will still hold all the cards as KAV won't be able to fully prove up or produce from the licence given the 700m depth mine without the help of a major. Even if KAV discover the next Norilsk it dosen't mean they will get a good deal out of it. Look what happened to RKH when it found oil in Falklands etc.

Looking good so far for KAV, keep up the good work. Have a good feeling about this one.

Why not drill to 1200m (TD) and test the deeper Tai targets also? .... is it because they have made a mess up with opting for a mineral rig over an oil rig? If so, then the next prospect selected will be a shallow main target choice and they will avoid deep well drilling... hoping to find some helium to obtain a 'discovery' (not necessarily commercial) result at the end of this multi-well campaign so they can say it was a success proving helium is there. Then a year or so later kick-off a new campaign with an oil rig (which they should be using now) to test deeper targets. Bit of a mess up tbh.

Makes you wonder if Mitchell Drilling dragged this well out, broken drill excessive washouts and not wanting to run wireline giving technical reasons to end the well testing after going weeks over drill schedule... objective to opt-in for 4th well with cheaper share price over the weighted average volme time. Be interesting if they opt in and the next well runs smoothly.

Given the lake formation sediments... should they be using an oil rig instead of a mineral rig?

If Tai is declared a "discovery" - is that the same as "commercial"?

Has 318RC hole just clipped the porphyry?