Member Info for Dan1605

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Why would they be on course to miss the hedge? Even anything the volumes would be pushed up slightly using the second compressor. My guess is they'll try to push it to 7mmscfd if the side track doesn't work out. The lack of infographics suggests they don't really have a plan as yet.

Good to hear! If you're a client of WH Ireland Limited you'd be the first to know.

I agree with your logic Oktane but the only holder selling at a profit down here is PF. There was substantial selling around 1.30 and now we're seeing the same at 1.15. To be honest the guy is like a mosquito and the quicker he's gone the better.
Aleph et al will not be happy, the had a good average until they took the last placing. I'm sure they will be keen to average down.

What is obvious here is that somebody is selling out at breakneck speed and happy to take less than 1.15. This leads me to think it's Paul Forrest so expect TR1 sometime soon.

What an absolute shower this company has become, I just hope they can find a miracle.

It's difficult to see where any cash is coming from in the near term. Personally I think we'll get less than 400k for Danglay, 200 - 300k is my guestimate. I've seen comments on here suggesting our partner sold because he was bored. No, he sold because he knew we could do sod all with it. An obscene amount of cash pi**sed up the wall yet again with Tang on the bridge. We have to assume a futher placing before the summer to pay for Hurricane unless they can trigger those warrants. Anyway, I'll stop with the negativity, we need the sp above 1.5p.

I thought I'd been smoking it when I saw 5p. Had to drop my head under the cold tap. As much I/we want this to happen, it's not happening.

If they are in a closed period then they can't buy, there are no exceptions to the rule. We know the Creswick property is off the market. Personally, the BOD buying would be to settle the market which they've done, I doubt any of them need the cash.

We've had a number of these videos but what significantly different this time was the addressing of shareholders concerns. It genuinely felt that they were reaching out to us without any BS. The market loved it even though a JV has been taken off the table, for now. I dare say that had the BOD not shown the level of regard they did then the sp would have tanked.

To be honest HITS nobody gives a s**t whether anybody's trading. Most of the investors here are only in it for 10%. Push has been your nemesis from day one because he's distrupted your narative.

Aleph must be furious, GL must be getting his **** throttled. They fell into a trap, the recent placing was conveniently done after passing through the "risky section" and I don't think they expected issues further down.

The 2nd compressor will do very little, at a push 7mmscfd. Yet again they decide to put out one tweet in two weeks two days before telling us it had failed again.

It's not over but they were convinced (from reading the Q&A) that they were hitting the spot the end 2nd time around. What makes them think that they will nail it a third time.

Why continue drilling with all the costs that comes with?

Because they know they can rinse shareholders for more cash. Like most, i've stuck with this in the hope that it will be success but at this stage I just can't see it.

Basically they've screwed it up again and milling yet another hole. The lack of detail is disgraceful, they can include it in the Q&A but not in a RNS.

Investors like Johnson because he appears to put in the graft and has skin in the game. He also has a an ambitious vision for the company, can't fault the guy really. AH has a different demeanor and it will take PI time to get onboard.

ECR, which other junior explorer has one of the best Geo's in Oz. I was once a fan of POW but I think PJ has stuffed the business model.

I think you've nailed it with the post Legal. It's suprising what one interview can do and if that doesn't change sentiment I don't know what will, other than results. I would have like to hear what the plans are for the 2nd rig but suspect it will be heading to Lolworth in April/May. The standout here is the honesty from the BOD, they have demonstrated (especially AS) a genuine concern for shareholders.

Ready tick up, book looks much better. MM may have been caught with their pants down.

Excellent interview and no reason to doubt the BOD at this stage. Let's give them time now to implement these plans. I'm happy that the BOD are fully committed. Excellent.