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Have no credibility, that’s why we needed them to go first as they would have ramped some early result to the moon. They remind me of a David Lenigas type lot.

HE1 stone cold silent- todays trading will tell you us more imo

They either have issues , or have decided not to update the market until results?

Who knows with this lot? Terrible comms on timescales, they are 3 weeks behind and this will impact drill 2 - they cannot guarantee the timeframe of drilling and if they get caught in wet season, well operations will just be suspended

I said this ever since they screwed us with the placing

The placing was for contingency on TAI, the amount raised never stacked up and they have guaranteed their salaries

They can show the civil works as much as they want on twitter, but Lorna not speaking about the prospect is all you need to know, she knows she cannot publically say too much as when the time comes, she can blame tai delays on something that was never going to happen

2 week drill again but this should have been two weeks and had issues

The problem is the work before and then trucking tons of heavy equipment to site

Not saying it won’t happen but there are risks here and those just dismissing them are blind tampers esp given Lorna recent history of timescales and shafting investors

At second drilling location, do we know if they have cemented and whether it’s cured

Bit of rain around in Rukwa and they are already behind at Tai

Lorna is now focused on TAI (understandably) but if there isn’t the over site at site 2, could be in danger of being in middle of Nov and rain coming in

Tai needs to be a success here imo as I see the whether causing issues on drill 2

Safety will be paramount here as will well stability , cementing in rain doesn’t normally work

The issue as I keep banging on about is we know absolutely nothing about the second drill

Do they have all the LLI, are they transporting crew back and forth, are they building the pad now, is it built, are we waiting on anything, do they crew get some downtime between drills, will the rig need any other maintenance , how are the Civils going , have they booked the rig transportation

This tells me if they aren’t willing to talk about it, they aren’t confident in delivering it

Nothing is happening at TaI at the moment, why wouldn’t they use this opp to talk up the second drill?

If you look at presentation, any more than two weeks and it becomes a safety issue

Isn’t it ironic that the rig failed before they entered into their first targets, delaying in line with noble and knowing they are tight on time

I’ve said all along I don’t think drill 2 happens and the raise was to pay for salaries

No chance it saved $4m but IF they miss this window, they have told the market that they now need $10m for a drill next year

Everything is now put on TAI, the risk is at its highest

Something stinks about this issue , lack of information and lack of PR on drill 2

TAI prospects are known but I’m struggling to understand their game plan here

It’s all very very odd

Interviews arent very helpful

why dont we ask does this affect the second drill

why does it take two weeks?

what are the options

how much is it going to cost

the interviews are too nice and non specific- which leads to more questions and issues especially with the NHE announcement- as i said this morning - this all stinks of something bigger that we are just not aware of

Its breaks 2 days before TD?

NHE drill delayed

something is going on here

HE1 were ready mid August, they used LLI to delay the spud, as they wanted to run alongside NHE

This is all very very odd and they have either completely messed this up or this co-op agreement runs deeper than we are all lead to believe

if they knew 10pm last night, the RNS should be out by 7am this morning

it all doesnt add up here

Needs to come out in another proactive interview and tell us why its taking 2 weeks! whats failed and impact to follow on drill

she needs to face the music here

disaster ever since they announced owning this rig!

Was part of the 1st mess and now she recreated this mess

things happen in drilling, thats part of the game BUT the nonsense of inside trading JUST LIKE the placing is a disgrace

now this puts the second drill at risk SO was the placing that killed the price from 10p really worth it!!!

the cost saving of $4m now wont happen and we are back to a binary one drll shot at TAI!

that was the reality i spoke about originally! this company is literally one of teh worse run companies on AIM. no wonder IAN left!

Because HE1 never do anything on time - so they are hopeful that it takes two weeks but that will be 2-3 weeks- as they need to source and then get the part to site

that pushes the second drill into wet season and this is without any further issues- this pushes the drill back 3-4 weeks as by time they get the item on site,and get drilling again, that will take this amount of time

THE ISSUE HERE IS THE CONSTANT INSIDE DEALING

PATHETIC COMPANY

Unlikely now - told everyone this

so NHE has a delay and now we do- STINKS

Insiders knew AGAIN

The PR is all too late

the messed this up and being blind to this is just silly

they need the price to run before drill, they got greedy and placed too much money for a drill that doesnt cost $6m when you own your own rig and then Lorna gifts $600k

if Tai is a duster, then long term shareholders must look at this and truly get to the bottom of where all the money has gone! im sorry but this is all the doing of the company

they didnt need to place for a drill pre tai, they killed this and they know it

PR now is a nonsense, nobody cares as nobody wants the drill bit risk

HE1 is historically VERY leaky

they wont have reached TD yet so no duster BUT i dont believe they spudded last monday, i believe they are two days ahead, no way they spud and realise an rns at 7.30am

Lorna and co have not painted themselves in any glory here and it all kind of stinks

esp given they are the same mob that drilled tai 1 and look how they ended!

raised $6m for a drill they have failed to give us any info on - Pathetic

really hope they hit a strike so we can all just dump and leave this company behind!

Simply more sellers than buyers

blame the company for teh shamebolic shareprice

they made a mess of the biggest retail opportunity of the year! no PR is moving this now.

Complete binary bet on results! Lorna needs to step aside after these drills, she ruined the build up and now the sellers dont want the risk and teh placees are just getting out

madness decisions made after Ian left!

How much is going on at the second drill site? civils done? camp made?

PR on tai is too late- we just need to wait for the RNS now

BUT we should be getting PR from the second site to build interest

UNFORTUNATELY- there isnt enough buying to soak up those placing sellers, PR on the second site and some news on that will be the trick

if not we are all hoping for HE shows this time next week, or its going to get dicey

until then, we wont move

TAI will either be a success or not and the drill will tell us in 10 days, they will do some testing but that wont be enough to give commercial viability

whats important is HE1 promote the second well- which they havent and thats why the price is here

they needed the market to get excited about back to back drilling and they havent done that so everyone wants to de-risk before TAI as we have limited information on the second well

so maybe we get a spike next week on HE showings, that likely be sold off until they run the testing, spike closer to results and then results. success the price gets to 20p failure is 2p and we all hope we get this second drill underway

i believe there will be two exit opps before tai RESULTS then you can either buy the news or sit out and watch

in meantime, no point looking at the shareprice until next week (if your in) and if your not, there is a trade from now until next friday imo

GL all - certainly not the way i though this would play out pre results, but thats the situation and we have the BOD to thank for that!

see you on the next spike!

UPDATE IN TWO WEEKS

BUT this is all down to Lorna and her inability to understand the retail market! absolute nonsense PR now, none of that matters

Hence she needs to tell the market NOW about the second drill! nobody understands the geology at the second drill and that would show its a bigger prospect than TAI and might attract buyers to take the risk

HE1 treating this like its TAI only on the table and the shareprice has reacted accordingly

anyone saying the company shouldnt speak about it has their head in teh sand

market is telling you everything you need to know

Lorna is a geologist and not commercial, dont forget DM was just the face of it , everyone in place at this very moment is as responsible for the first mess, they need to show HE signs here on the drill!

Their PR and advisors needs a rocket!

WTF you on about? im mean the placing three weeks before this spud

It was 10.5p before everyone started shorting it and the company looked after their mates with a CASHBOX as they didnt have authority

you think they care about investors when they had to use a CASHBOX as teh very people that voted down them raising was then left out to dry

im bitter about the placing as without it this could have been 15p BUT the company literally has done no positive PR!

Lorna is not a CEO, she is a geologist that reads notes in interviews!

the geology hasnt changed, i think TAI will be a success but this second drill and the placing is the thing that killed us

if you cannot see that, they you being blinded!

therefore if the thing they raised for was so important, I want to know more about it! yet the company has decided not to promote the prospect and now we are where we are

good luck to us all, at least im honest with my thoughts

Im talking about the second drill, NOT TAI

we have heard nothing on the second drill, absolutely nothing, other than a presentation taht they didnt even share, they just stuck it on their website

joke really given the size of the prospect!

Im still in looking for a HE shows spike

my mood has changed as i want to know more on drill 2

we are only at this level due to the poorly managed funding and if they crushed us for a second drill, the least they can do is tell us about it

not be blind sided here, and for your reference ive been here through all the ups and downs and my excitment was based on TAI drill and the run up to spud, it wasnt gambling on a massive overhang from a stupid placing and then for lorna to gift herself 600k of free stock

so no im not looking for an entry as im already invested and want to know more about this second drill

if its likely to happen that gives us all teh comfort of having another bite, if things dont stack up, then the risk profile changes and Lorna not speaking about it AGAIN, is making me believe that they arent that confident of it actually happening

nothing more id like than HE1 to hit with tai so i can sell above 20p- we are all in agreement on that

the prospects havent changed, but the goal posts have moved considerable from a investor de-risk perspective and anyone riding or dying on a aim drill is likely to get a lesson one way or another!

my expectation without a placing was that this would be at 15p on spud

today its 6p and that tells you how well the company has done at promoting the story to investors