Member Info for deep100

KR

As Dai has previously mentioned,He1 have been very vague about what happens next after the drill .

Some time ago LB said that Tai would be drilled ready for appraisal. In an interview where MW appeared he seemed to contradict this & say a separate hole would be drilled .

Read Skippy’s post on He1 board - he has explained it perfectly & is what I understand to be right

Oh dear ! I have my own thread now ! Lol 😂

Coco

Of course they will drill an appraisal well if Tai -C is successful but you were saying they won’t drill the Itumbula site until after the appraisal well !

The timeline is quite clear - Tai-C then onto Itumbula whilst awaiting results of Tai .

GLA

Coco

Where have you seen Lorna say that the second site drill won’t happen if Tai-C is successful?

All I heard her say was they would immediately move onto Itumbula whilst awaiting results at Tai !

I think your imagination is running away with your mind - stick to facts please !

Https://x.com/heliumone1/status/1702247872689787100?s=46&t=Yio2q8EEy0KoP9edq2LYPg

Keep them coming !

KR

Thanks - that is good advice - was hoping to derisk at 15p during spud but that now looks unlikely to be reached .

I suppose the best thing for me is the hope that they will claim a discovery very quickly after spud - and that is possible- before difficult decisions have to be made around the 3 week mark.

Swissy

That is exactly my point- I don’t know what will be worse - lose my money or lose a potential fortune !

I have managed to get my average down to 12.5p - was 24p after Tai1 .

KR/Dai

I think you are right Dai - they have been very vague .

I think the lab test is to confirm the discovery & that it is commercially viable . What we won’t know is how much is down there because we haven’t done the flow rates yet .

Aren’t noble capping their wells & returning to test flow rates because that process is so expensive ? Didn’t they say it costs $4m to do ?

It just makes me think we will be left hanging all winter & a further raise will be needed before we know if we have hit the jackpot!

I may be totally wrong & I hope I am !

GLA

Swissey

That is great post & mirrors my thoughts on this journey exactly. I just don’t know what I’m going to do yet . After having no exit strategy for best part of 2 years I formulated a plan around a month ago . The demise of the sp since then has forced me to have a rethink & as of now I still have not decided what to do . Trek has a point in that fear may force people out too early. The trouble is the new BOD are only looking after themselves & their mates & I do not trust them . Too many things have gone on that I have not agreed with & if I wasn’t so far under water I would of sold up. But I am definitely emotionally involved in this project & can not let go yet . If we get to the 3rd week post spud & have not heard anything & the sp is 10-12p I may jump ship with a loss .

Not sure if I’ve missed it but does this placing pay for the appraisal well & flow rates ? She may claim a discovery this time but will we know if it’s commercial without another fund raise ? Will we have to wait all winter to know ?

GLA

We are gonna need it !

What did stalker say ? “ dilution stinks “ & yet we have had more & more . No wonder he quit !

BOD have looked after themselves & their mates big time . No wonder the herd have hung back from buying - they don’t install confidence in them by their conduct . In fact I don’t think the ‘herd ‘ is coming at all this time pre spud. They will wait for results

Https://x.com/heliumone1/status/1419662784833499136?s=46&t=Yio2q8EEy0KoP9edq2LYPg

I think this is what you’re referring to Skittish - a tweet about the bubbles

Twice as many buys than sells - yet 4.5% down - how does that work ?

kr

thanks for that - just checked both my hl accounts & i was offered new shares on both of them - just i didn’t see it because i was out .

if i’m honest i’m glad i missed it because i would of been tempted & im already heavily invested . 6p is not much of a discount- i would of been ****ed if the price had been 5p .

let’s see what tomorrow brings - at least it’s done now & we can move on .

Birthday bash today - missed everything- can someone please explain simply to me what has happened ? 2 placings ? How much have they raised ?

Thanks in advance & sorry for my request - too many San Miguels !

Birthday today - just got home - missed all the shenanigans- Not fully caught up yet but as I’m already in balls deep - not made much difference to me - not much of a discount

ETA 17.00 today

Dai

Thanks for finding that & reminding us what we nearly had . I do hope Mike or Lorna will do similar updates like DM did .

Certainly gets the juices flowing again ! Lol

The crew have arrived!

https://youtu.be/CS9OO0S5w2k?si=0h8f5XqRYDZBI6aJ

Cyberdick

Continuing to fuel personal feuds is becoming very boring . You need to grow up or sell up !

Filtered

LW

Fair point if the seller is definitely Stalker but we don’t know it is do we ?