Member Info for Desmond45

Yeah he came across very well. I got the impression that the next assays from the lower lode are going to be bonanza grades, based off the visual appearance of the cores retrieved on site

At the investor meeting Neil referenced the fact he believes there are up to 7 stacked lodes in our acreage down to 700m, of which the last set of drilling tagged the second lode which we are awaiting the assays for. Great results on the horizon here

Smells like assays tomorrow

Correct. It’s still very early in the journey here but it looks like they’ve got a very valuable asset. Current mcap of £18m - my conservative target is £50m-£80m mcap by the end of stage 2/3 drilling this year if the mineralisation continues during the step out wells. Still open along strike and dip… exciting times and plenty of running room.

Remember Coffey in the south of the tenement where drilling is currently focused (and the initial JORC resource was assigned) is also only 1 of 3 leads on the license. There is one in the NW and NE which showed the same type of EM anomalies.

GLA

Important thing to note is that these amazing results are only from only 1 of 3 gold anomalies identified on the licence. The JORC targets are going to be obliterated here. Sit and wait

Incredible

Another farm out for icewine - what will 88E be left with, more than likely about 40% in exchange for drilling costs like the last time? Then after the duster, the partner Premier Oil bailed and 88E took the worthless licence back. £140m mcap laughable

Whatever happened to the 4 billion barrels of oil at Icewine 2? Brushed under the carpet swiftly by good old duster Dave.

My personal favourite was the ‘no oil - oil - actually no oil’ episode at Winx with red emperor

Closely followed by ‘we’ve made a discovery at Merlin, but the tool conveniently broke so we will raise a bunch of cash and drill somewhere else next season’ saga which has been compounded with another duster here at Merlin 2.

Perhaps the stranded condensate at Charlie or 150bopd from Umiat will become commercial if oil hits 300$ a barrel?

Still, despite all the disasters the company is valued at a staggering £127m market cap, with a new crop of US based bag holders. Rinse and repeat next year for a bit more ‘nearology’ based hyperbole from PANRs results at Talitha, a cash raise, and another duster.

How many posts will resident rampers ddraig and bumbard have by then??

Anyone seen Brom?

Rinse and repeat. Absolutely textbook 88E - going to be an almighty fall from £310m mcap…

Over 60% down in the last year. Death spiral financing. Dilution at this derisory level. All the China jam is just a distant memory now. VRS mark 2.

Companies like SQZ and KIST will make more in 2 months than TXP will make in the whole of 2022 + 2023. This is probably why there’s a mass exodus today.

The operational performance has been nothing short of abysmal over the last 12 months

Surfit - the directors have been in a black out period for some time. Of course they couldn’t buy shares prior to announcing the drilling wells. Nothing sinister about it. Anyway, gas up 20%+ today and KIST looking extremely undervalued imo

The price of Dutch TTF gas is up a whopping 56% but Kist is only up 8%. Cheap as chips, gas will be flying for months if not years to come - no chance Germany will turn on the nord stream 2 tap after russias antics in Ukraine

Kistos will be making several million euros per day at these gas prices which look set to stay for a long period. GLA will be paid off in well under a year

Smashing results, the industry is growing faster than anybody could have anticipated (except maybe Jim Mellon!)

Next 12 months could be electric. Happy holder

Update on Blue Nalu Twitter
You know you're swimming with big fish when...

The world's largest distributor of bluefin tuna
The world's largest restaurant buyer of bluefin tuna
3 of the world's top 10 seafood suppliers
Europe's largest sustainable seafood buyer

...all want to work with you

Multi billion dollar industry leading company in the making which is part of ANICs portfolio.

Looks like strong support around 18p. now looks primed for a run upwards. Loads of cash and new investments expected this quarter GLA

Royston is going to have a tangible NPV in 53 days via the GLJ report. Our overall reserves are going to be boosted significantly as cas deep reserves will also be booked - I note from the plot that the intermediate sheet at cas actually has better poro/perm that the overthrust too. Cas EIA submitted in December so all systems go for cascadara online in July. Oil production up to 1500/1600 following WD4 and WD8 which is ticking us over nicely, especially with oil touching $90 a barrel. $14m in the bank so no worries about the cap coming out anytime soon. In PBs own words TXP is going to be a money machine in 2022.