Member Info for dai2belts

I think the point of cocos post is reset your goals with the current price, if it multi-bags then consider cutting your losses, back to 4p is x16 or MC £136m , possible but a big gamble..

If the rig plays up, sell and buy the dip

Its not just He1 that will leave you high and dry now, but also the savvy traders selling out

@Gogs, Dont get too drunk ....

@GG, Whats your plan ?

I am banking on He1 working some delays into the drill for the city flippers(although all locked in?), late Jan start, then announce rig up, followed by a rig up at wrong Itumbula pad announcement , so 2 weeks rig up , another week to move, than another 2 weeks rig up.. ;)

I could'nt put it past them lol

Maybe misplaced rig

@No1, that sent me off on a tangent

The Cult to Southern American Indian Death Cult, Americas capitalism, the almost extinction of the buffalo, and illegal hunters in officially organized hunts purposely using Armour piercing bullets that pass through the hunted, leaving it to run and die elsewhere without trace of the bullet ...

Interesting is the mention of how decisions to kill Coyote to control numbers, in areas where the dog left sheep alone, resulted in sheep attacks...Obviously killed those dogs knowing how to live side by side..

Here He1 have kulled its LTH, now it is left with the traders, who will disappear like the wind..

https://www.seegreatart.art/the-american-buffalo-the-american-death-cult/

https://e360.yale.edu/features/coyote-carnage-the-gruesome-truth-about-wildlife-killing-contests

MMmm, thats a real low up take, I wonder how many actually took up the offer as you say its christmas time and people have other priorities, extra beer :)

Recent placing raised £4m from ii but only raised just over £57,000 out of possible £1m from pi. Offer price was 5p on 7% below actual sp. I suppose a retail offer that occurred during Christmas week was always a hard call, however will this mean that sp might stay around 5p right up to news of FDA approval end of Q1 early Q2. One to watch as I do think there is a possibility of a strong rise when FDA approval lands. I have been wrong before but if you remember it shot up from around 8p into low 20's last time on Clia Lab approval. Anyway good luck and good health for 2024, cheers Swissy.

Probably the nefarious putting the fear of missing out on recouping into GGs head, from the BOD to the BB..

Lorna has put forward little to support targeting the faults, should be a presentation explaining the cunning plan, with turnips to follow

@IG, was Blue Star Helium 1200ft dry well , using 1 rig model down from predator US$300k..

He1 wet or dry US$6m minimum, 1500m

Whats interesting is that Blue Star quote $300k for a dry well with Planned log evaluation and well testing program upon helium discovery... So suggests you dont need to roll up with a $2m testing contract to know you have a well worth testing.....

@IG, Phase 1, they called it a day after completing a single dry hole, 3 planned..

This time they have blown all the money for two holes on a dry well.

Was'nt Blue Star drilling 1500ft dry wells for around $160k, with a lighter rig, maybe the RD20, 1 model down from the Predator..

Then the difference in outlay and resources between phase 1 and now, for drilling the same depth and same gas is hard to fathom....

@IG, He1 quoted $2m for formation testing a single well ?

@GoldenGirl, You know you can average out your losses by selecting another share, providing it gains in price..

Borrowing to throw all your money into the same high risk bet sounds a little crazy to me...

Tell me what Lorna has said that suggests Itumbula will be a success ?

All they are doing is moving to the next drill, she has'nt put forward any details to convince anyone why they are drilling it ...

They still push that the rig saved them millions, while it is the main reason the LTH have been wiped out.

So that new Tai data that has persuaded them to move location...is it because its highlighted they got the other location wrong, another sudden change to plans just like Tai was in phase 1, or they really have the sweet spot...nobody knows

It rose over a few days recently to 21p then dropped back, its not easy to buy, I tried but it went over my price, then dropped below... phew..

Jan, last of the wells to be brought on line, not sure it will lift the price much..unless a significant increase is reported

Was originally.............................

· Production of ~300 boepd net to Longboat Norge (based on NPD figures to 30 April 2023)

· Production anticipated to approximately "double" in 2024 following a five well in-fill drilling programme, which is currently underway, and gas-lift installation which is complete

.........................................

UPL, all their rise is on the back of their Sarawak prospect and LBE also have a Sarawak prospect but off shore

@Roger, its only a new entry price, same risks, maybe more as its now a traders share..

@Swissy, only thing, if JM is pulling the last funding tricks then its another trip back into the red for a few months...

Sure he said its QEDs aim to sign December, not the others too...

@Tro, maybe I should become an institution too ;) safer

@Tro, maybe should become an institution too ;) safer

Https://total-market-solutions.com/2023/12/10-oil-and-gas-companies-to-follow-in-2024/

@sdg1970, odd you turn up now, I am sure I dropped you a link a few times in the past... :)

Thought you would be a good addition with your level headed approach

@Tro, its just BB spin to draw people in... at 0.25 some of those nominee accounts are getting loaded up by the PI, when the extra 2.4b are listed, Wolf will be able to join the spinners and shout they are selling out lol

Kev, Lorna does'nt want to say anything, talks riddles, has a leaky ship.. and keeps getting it wrong ;(

Anything comes from telegram can no longer be treated as noise...dangerous situation if they start shouting discovery..and its not..