Member Info for dai2belts

Mmmm, so they farmed in, but need to find funding...

Looks like they are spudding to meet commitments while looking for funds to complete the drill...

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A key term in the farm-in agreement on the Salt Wash project is the requirement for Zephyr to commence drilling operations on a well on the farm-in acreage by 1 September 2024

The Company is pleased to report that initial operations at the site of the proposed commitment well have commenced, including drilling pad preparation and fencing the perimeter of the site. In the coming weeks, a spudder drilling rig will be mobilised to the well location and a 30-inch hole will then be drilled to a depth of approximately 100 feet and 20-inch conductor casing will be set.

While activity on the pad has begun, the Company does not expect full drilling operations to commence until the first half of 2025, in line with its operational commitments to the field leaseholders.

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Zephyr remains in active conversations with industry and financial parties regarding the potential funding of up to 100% of the costs of the well at the asset level, and the Company's board of directors continues to appraise the available options with the key objective of maximising value for Zephyr Shareholders.

Zephyr, I will probably forget until after...

Matd, Looks like we are in early for GOBI, another example of the sp failing to get near previous highs when the anticipated event finally happens..

Lol, every year is going to be Duster Busters year too..

Did you check out that 100m trade, thats whopping £1.27m, it looks a buy on the chart.. but with that placing it has to be a sell, but imagine us trying to shift 10m shares :(

28.08.24 14:40:42 1.2689 100,000,000 1,270,000 off-book AIM

100m trade ?

https://invst.ly/169kef

I must admit, you just can't predict He1 and it baffles me there are always posters arguing there won't be need for another fund raise.. There has to be another for Tanzania, especially Balangida, and Eyasi

Fingers crossed there are many years left, and at least 1 opportunity a year to double your money

That was crazy

He1,

1. They have fleeced the PI, raising $8m to hopefully achieve $10m over the next 5 years, elswhere too, also the words Accrue(accounted for but not paid) & SALES(costs to be deducted) were used rather than profit ?

2. First flow results they failed to mention they flowed fluid giving a gas flow rate, this time they gave a fluid flow rate withholding gas flow rate ?

3. Who did they get to buy 590m shares just before results, and why would you with the risk unless forward sold....

Weekly Vol, sp increase

=========

Aug 25, 2024 1.08B -26.78%

Aug 18, 2024 1.36B +20.83%

Aug 11, 2024 440.99M +4.73%

Aug 04, 2024 543.02M +3.38%

Jul 28, 2024 577.05M -1.48%

looks like the pump was to create the volume to shift a fair part of the 590m shares

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Hex, did'nt give a helium reading for the final target ?

Maybe de-risking, especially as it seems the higher the hydrogen the lower the helium....

Also they have gone deeper, targeting the suspected helium sweet spot, without giving helium another mention ?

Mmmmm, possible Helium Hydrogen relationship

Hex

"The Clink #1 well also encountered significantly elevated hydrogen within Cambrian strata. Several consistent hydrogen anomalies were recorded in drilling mud, with peak readings up to 103,000ppm (10.3%) hydrogen."

He1

" It was also observed that the concentration of hydrogen decreased as helium increased"

Mmmm,Hex looks like it to gapped up on open, then got sold into, but not much more than 10%..?

https://invst.ly/169d93

Silver

https://uk.investing.com/analysis/silver-32-the-next-stop-after-clean-breakout-above-30-200613611

Start an AIM company, selling duckweed, to save the world

Studies have shown that one hectare of duckweed can produce between 10 and 18 tonnes of protein per year. In comparison, soy beans, the most widely grown legume in the world, produce just 0.6 to 1.2 tonnes.

In fact, when grown in optimal conditions, duckweed can contain up to 45 per cent protein, making it an excellent source of this essential nutrient.

What’s more, these plants have the ability to multiply very quickly. The quantity of duckweed in a pond can actually double in less than 48 hours.

https://theconversation.com/a-small-aquatic-plant-duckweed-could-revolutionize-the-food-of-tomorrow-233391

Lol

enthusiastic bol lox

The most expensive water well in the whole wide world lol..

looks like no need to troll,,

looks like He1 have not provided enough info for us to the convert the previous 0.5mmcf to total barrels of fluid, of bof to a helium flow rate

absolutely no comparison

0.5mmcf =90,000 barrels of fluid

700bof=3.9mcf or 0.004mmcf

@Swissy it looks like you can't simply take the flowed rate of liquids, convert to cubic feet and multiply by 5%..

Last time the gave the helium flow rate 0.5mmcf, this time fluid BPD, so there can be no comparison..

90,000 bopd = 0.5mmcf

For the gas out of 700bbls of fluid to reach 0.5mmcf it would have to expand at least x257 if each barrel was 50% gas saturated

@DrMike33, do you know a set of formulae that are used to make the calculation ?

Not that it looks like they have provided enough info from either set of results

Nope it was Pulsar

https://www.lse.co.uk/profiles/skittish/?page=6

Did skittish come up with a link to Blue Star or was it another company

Ye, but it would be rude for me to troll the BB of a position belonging to somebody here,

Taylor Swift, mmmm..

I guess he has a thing about her legs or a boot fetish ?

Or both lol

I will keep from trolling until he has sold :)