Member Info for dai2belts

@Tro, if the delays did'nt occur during the 1st drill would the price have broken 6p, and what drove the price as He1 failed to provide any exciting updates ?.. Many holding for the Monday morning duster only to be relieved by a delay, time and time again..

Could be just two weeks to TD this time.. Tai

@Tro, I was very tempted at 0.2348p, but have few days to think about it over Christmas, no rush,.. After all its reset and go again.. Its at an all time low, has a gap to fill, and it looks like at least half of the placing shares have been forward sold...Assuming placing shares were what was being bought up..

Lorna failed provide detailed reasoning for targeting the faults, and how that would correlate to a discovery.. Cagey as ever, even misleading..

Still the overhang is a little off putting, especially into spud, with 10% profit taking starting from 0.265p(0.24), including spread,.. So it could flat...

Its a single drill and the rig has not been announced fit, announcing could see a blip

Shame it was'nt a spring drill, but I doubt those dogs wanted a pay holiday..

Simplest reason for the selling below placing price,..

The book runners are the direct subscribers, so I guess probably failed to recruit enough placees.. So they are now filling the gap going direct to market.. Those terms, selling only to qualified investors are for the placees....So I guess there is a clause covering any short fall, but they is still time for them to average up, or with planning they may already have covered the difference.Something they would never reveal.. But obviously in their tool kit..

And remember when Wolf goes into over drive on that board he is encouraging people to sell, so posting against your interests if your holding for higher.. Since he has no position, and is only repeating himself maybe he will refrain while your invested.. if he wishes you the best of luck

@KevR, Now He1 have cleaned out the LTH and you are in at the same price as everybody else, you are probably competing with the full time traders, who will be watching live charts and data..

De-risking can start at rig mobilisation, definitely at spud..

A 1500m drill should take less than 15 days, and logging can take just a few days...

So if the rig is A1, and they are not updating, and you have a good profit, consider a duster on a swift drill will bring early results..

A change of tact is they are also targeting the faults, probably looking for free gas but to announce a discovery I believe they would need to identify a column of gas, adjacent to a reservoir(trap and seal) .. So I am not sure how they will play free gas with no reservoir, if thats the out come..

But maybe they are also open to the idea of tapping a spring migrating to surface within the fault.. The sampling from the springs, well I guess helium naturally exsolves at surface, so deep enough below should still be in the fluid..So possibly the chance to announce high levels of helium within the water and sell into Nobles story.

For some reason Lorna stated the hydraulics and Electronics as opposed to electrics have been repaired, previously stated largely resolved.. largely suggests there are possibly some niggles or maybe had'nt been able to test all the work done...like the rough neck,, who knows..

Not sure why the majority of placing shares were sold at a loss, there did'nt seem to be much effort attempting to blip up to or above 0.25.. charts look like a flat line..

@KevR, now you have to contend with NOMAD Wolf shouting funding, advising buying is a risky move but at least Art has changed spots....

I did'nt buy, missed the morning low...

Keep an eye on that rig news, for some reason they have not fitted the rough neck yet.. Probably the guy for the job is'nt on site, but sure Lorna mentioned they would be fitting it the day it arrived

ART, what a change in character :)

Mmmmmm Humbug ;)

Https://www.youtube.com/watch?v=E-P2qL3qkzk

Back to wealth,

https://www.reuters.com/breakingviews/biofuels-comeback-will-give-west-rare-energy-win-2023-12-20/

Well the problem is the human race, and its obsession with wealth..especially the elite that make everybody else who are happy going about their daily business suffer..

Already posted, oh well its good stuff

Https://www.reuters.com/breakingviews/biofuels-comeback-will-give-west-rare-energy-win-2023-12-20/

@Glib, they found more Helium at Tai-1, ?

The yanks ain't stupid, and the Chinese learning to play their game......

How many if but ye but no's in those conditions

But the update stated it was successful, so it should be their lookout if the sell at a loss.. end of the day its probably them controlling today's prices

Volume suddenly incremented end of play...

2,121,402,975...

Those examples were about selling at a profit, he1 brokers are selling at a small loss, so when was the profit made..

The funding was long coming, ideal time to loan shares from a loaning institution, sell high, and buy back low, maybe just enough to hedge this stage..forward selling the placing shares which are selling fast at a discount to the discounted placing price...

Https://www.cohenmilstein.com/biotech-company-says-citadel-other-big-traders-manipulated-its-stock-price-wall-street/

If you are forward selling placing shares then the aim is to take a small profit, not sell at a loss.. Seems they are in a rush to move these on by dropping the price..

@Xviolet, where did you get the shorting from ?

There was a case where a number of MM were all manipulating a companies share price, these were all leading brokers, good news and the price fell,, they all got taken to court.. I must have the article posted some where