Member Info for Craignews

I'm calling 1.18 on the mid

Sharebel

No money, no assets, no licence and lots of imminent obligations to pay huge sums out for their distraction 50%

No Money - Funded till next summer

No assets - Erm, we own a rig, and the rest of the recent equipment isn't borrowed is it? Including the crane

No Licence - I'll concede that in the short term

Imminent obligations on the distraction - Oh! the 8 million they have in the bank already, which was planned to pay for it

Are you on drugs?

Dsymon - No! She will be talking about the challenges faced by start up helium explorers, that's it.

98 - 99 Finish today

Peel opening the bid at 1.1, ask at 1.15 - Opening blue

This bit is interesting ..........'and to developing a partnership with the Government of Tanzania upon the granting of the ML, in order to develop a flagship helium sector in Tanzania."' Partnership with government? Is that where the funding is coming from?

Will likely be Wednesday morning for RNS to confirm submission, there is all day on the 17th to submit the paperwork

08:04:21 1.0595 2,297,461 24.34k O

New NHE data available for NSAI evaluation indicates better reservoir properties, higher helium concentrations and more or larger prospective structures than previously. • Total Western Margin P50 Helium Prospective Resource increased by 66%. • Lake Beds P50 Helium Prospective Resource increased by 31%. • The deeper Karoo P50 Helium Prospective Resource jumps 500% after mapping with the 2023 seismic. • Significant implications for Eastern Margin, with prospective resource update in progress.

Wish people would shut up taking rubbish about a 'Churn', there was billions of shares bought last week, way more than the 590 million placing, the placing shares have already been shifted....Muppets!

Has everyone forgotten Eyasi? The most lucrative of all of it?

3 Million quid sold, 10 million quid bought - I'm stumped on this one, usually that's a 30% increase

One barrel of crude oil equals 5,614 cubic feet of natural gas3. To convert cubic feet to oil barrels, multiply the cubic feet value by 0.17810760667 or divide by 5.61458333344.

So 800 odd barrels a day means over 4 million cubic feet, times say $300 per cubic foot

That's commercial to me

1.6p? Gonna be beyond that inside 10 minutes of open

So artificial lift will increase this well to 20k barrels per day, then times this again by 20 to 30 wells, so 400k to 600k barrels per day..... I like the sound of this

I feel sorry for whoever dumped 140 grands worth yesterday, would have doubled that easily today, and same again tomorrow - 2.7p by end of today, 4p by end of tomorrow

Keith - Be as negative as you like, these numbers are just 1 well without artificial lift, they are on about sticking 20 or 30 wells on the ground

Hopefully in 15 minutes we will have the RNS to shut everyone up

MammaC - Shoukd have gone to Specsavers, considering it’s on page 2 of the documents

My mistake, when converting for gas it is indeed in the thousands