Member Info for dai2belts

Looks like partially could be reducing an area, changing activities

Well DD13, that horse looks like a dog now...
Do you have any idea how you partially give up a licence?

Relinquishing I understand, but partially relinquishing, whats that Noble Mon-Fri, He1 Weekends...

@Sinequanon, You know to start the licencing section with...
"Helium One has submitted licence renewal applications over 14 of its 18 licences"
3 have just been renewed, so it implies just 1 is not being renewed, it suggests there is nothing important to read in that section,
Then not to explain what partially relinquished implies, for 6 licences leaves you guessing what the full implications are.

It seems an art form He1 are very good at, whats really important is not conveyed...
Its a form of lying, letting those unable to fully comprehend the changes believe things are moving along as initially told..

The licences are important, some much more than others,

What does partly surrendering a licence mean, is it a reduction in the area or activities allowed or have payments outstanding ?

@Skittish. That missing "absolutely" is nothing compared to one of his other revelations

sdg1970, Agree totally. But as it is there, partly justifying the reason for end 2022..
Engines are replaceable, just another everyday job for the right guys,
Injectors well thats training for an apprentice

Sdg1970, We cant really comment as not being there but they could have replaced the engine with a reconditioned unit if things were that complicated...Changed the heads,... They had Epiroc on site, said the rig had been road tested, same engine for road as drilling?

Just adds to further questioning the competencies of this World Class Team, and questions how legit their updates are..
Misleading is No1..

@Wyn, 1 cylinder of 12 then probably not notice under normal load, even heavy loads but if your down on power you perform compression testing on a fully assembled engine.. If the engine required stripping then you are looking at pressure being lost via worn piston rings or a worn bore, maybe head gasket failure.. Extreme piston damage
Remember the rig had just 5000 hours drilling,..
Injectors, part of the fueling system, loss of power could be air trapped in the injector or fuel lines, the fuel is pumped under great pressure and air compresses so affects injection..
Injector wear, but only 5000 hours, so maybe poor quality fuel, contamination, leading to injector wear/damage..
At the end of the day they are replaceable items, not looked at engine design, but in my day you simply disconnected the fuel line to the injector, undone two securing bolts, replaced the injector.. Removed the air from the fuel system and away you go... obviously things can be seized... but that complication would surely be mentioned

Muscles,Sdg1970

Since when do you strip an engine to carry out injector diagnosis?

No1 Georgina, EP155.. Why farm-out up to 85% of an asset if its a good one, but on the other hand why take up to 85% of a risky asset...
https://www.lse.co.uk/news/MSMN/mosman-oil-and-gas-shares-up-80-on-farmout-deal-with-georgina-energy-suircdyxqfqhr4h.html

Troajan, its in my "Troajan tips" watch list :)

BC2504, You got my memory firing
I just found a note in my notes so I was looking, can't remember though
https://charlesstreetsecurities.co.uk/Resources/Georgina1.pdf

5 Billion shares and a MC £3m, thats a lot of placings, and not much luck I guess
18% spread, low trades, quiet BB..
but looks like a drill due anytime now ?

I think I looked too, but I can totally forget, can watch the same movie twice, and the second time has as many surprises as the 1st viewing... great for film but not this stuff...

I should have sold PRD yesterday, could have bought back close to a penny cheaper this morning..
Still holding original purchase, seeing how the US dropped, I will probably be wishing I sold today, for some reason the bid/ask remained at 8.0/8.5 on my screen, was not updating so missed 8.0/9.0.. may have been out though but missed out there, .

Thanks BC2504, any ideas on Mosman,?
Just noticed its in my watch lists, recommended as a volatile stock for trading

No1, I will have a look but my opinion is far from good, not sure though if Mosman is one of those life style companies..
Hopefully someone will comment on that..maybe Troajan
Keep any eye of PRD quite some movement in price, almost 9p yesterday, down below 8p this morning, then looks like ask hit 9p later...

@Wyn, do you have an exact time for 10p so i can set the alarm clock....please ;)
What about support, ?
Both read this, not sure if its out of date..jump to page 8,
https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2022/03/Predator-Oil-Gas-Corporate-update-7-March-2022.pdf

This morning it was up 12% 8.75 bid 9.0 ask, now 8.25 bid, at one point 8.25bid 9.0 ask..
Makes me think they had plenty to sell, but since you said you could'nt buy maybe the were targeting stop losses..
I need to look at where people are getting their valuations from, way higher than what I was expecting but I read old analyst notes, not ramped up ones

@Wyn, you should chart PRD, its given the opportunity to sell and buy back cheaper a number times since the raise , while maintaining an upward trend, so far..

On the leader Board, publicity.