Member Info for dai2belts

Why pay £2k extra to buy in 1 junk

19-Jun-24 16:40:56 0.72 10,000,000 Unknown* 0.68 0.70 72.00k O +++++

19-Jun-24 16:35:14 0.695 863,309 Buy* 0.68 0.70 6,000 UT

19-Jun-24 16:29:27 0.697 429,843 Buy* 0.68 0.70 2,996 O

Mid 3p, probably safe, its just a case of waiting

BCE, end of day pump, bad news maybe ??

Hope not....

Drilling July

· Preparations are being finalised for completion of the Heron 1 well and the contractor has indicated that it "should" be ready to mobilise in July.

But previously.. Said P China had booked DQE from July ?

No need to raise funds may change, new contract

===========================================

The Company was in discussion with DQE Drilling (DQE), the main provider of drilling services in Mongolia for a multi-well development drilling and completion programme and signed a Memorandum of Understanding (MOU) in 2023. THE TERMS INCLUDED SOME DEFERRAL OF COSTS TO ALLOW A PORTION OF THE DRILLING EXPENDITURE TO BE SETTLED FROM FUTURE PRODUCTION REVENUE.

HOWEVER, Mrpam Insisted That Current Regulations Do Not Cater For Multi-Year Contracting And Accordingly The Company Has Concluded A Tender Inviting All Potential Contractors To Bid On Drilling On Block Xx. DQE was the lowest bidder and has been chosen to do the work.

FINAL CONTRACT NEGOTIATIONS ARE UNDERWAY AND THE COMPANY WILL SEEK TO INCORPORATE THE TERMS OF THE PREVIOUS MOU WITHIN THE FRAMEWORK OF THE CURRENT REGULATIONS.

Free Carry

https://www.voxmarkets.co.uk/rns/announcement/4cb95929-6f06-4c6b-90a2-efbe4acc41ba/

Games

Seems to be a seller after every few buys, and now Ask has dropped to 0.69 but you can't buy, when MM must loaded up..

Sure He1 have forecasted drilling for July, lets see if that to encourage people to take positions prematurely

BOD buy ~£100k @ 9.75pence

James Graeme Menzies, bought 17th

1,025,641 @ 9.75pence

Typo

So could be they have...

9 TCF Asset(~ 50%), plus a discovery Assets, MC £9m

So could be they have...

9 TCF Asset(~ 50%), plus two discovery Assets, MC £9m

One to watch, what turn around..

But 500k trade at close( sell ?) today....about 6/7% of todays trades

Interesting, DRO = Discovered Resources Opportunities being awarded

The bid deadline for — two DRO clusters (DEWA Complex and Ketapu) offshore Sarawak, East Malaysia — was 15 January.

For these assets, MPM envisages awarding the PSCs in April or May and signing the PSCs in +June+ this year.

Longboat (DEWA)Companies House, updated today... ?

https://www.upstreamonline.com/exploration/malaysia-to-unveil-2024-licensing-round/2-1-1587111

https://find-and-update.company-information.service.gov.uk/company/15623739/filing-history

Find Courtesy of Zengas LBE BB

LBE have 9TCF, 50% interest, looking for JV , MC £9m

DELT have 318Bcf, 25% interest, JV sorted MC £8m

UPL, Not sure what they have( give up, no cpr, or presentation I can find) MC £40m

Well has been stood still a long time, a good few years, all sorts could happen..

AIM is so crooked, they could be with holding news lowering the price to create more upside..

Its just an open question..

DELT is at £8m, after some bad news, with Selene drill approaching , estimated 318bcf, with 25% interest

3p-5p will be very likely +60%

Anybody considered buying large as news production work is about to start should be a low risk bet...

DQE are going to busy with P China from July, so unless DQE are at Heron working away its look like there will be a delay,,, so could drift either way for now.

If it goes into 2025 thats another years worth of costs to cover

Explorer with 9TCf(Giant Size)_ , 50% interest. no debt, no production

Potential MC going into drill ?

He1 reached £172 phase 1, £100m announcing predator...

Well £1 party..

Suddenly Asia is the focus, although always was there, and its flying, with lots of positive talk(ramping)..

Suddenly Multi-bagger potential, being compared against UPL at 4x MC

I am waiting for sub 3p, or very close, ..or jumping in on the next news

English subs are there