Member Info for Diversified

Having come into play for Noble may well see those that were hoping for lower prices finally engage.

Would be surprised not to see a nice blue day here.

Additionally and potentially of interest, they expect a significant VAT reimbursement from their actives from the Tanzina government.

A further encouraging outcome from their second well for which they are currently logging and suspending for future flow testing.

Results from samples taken from potentially both wells expected by mid December.

They have also commented on the open-fractured basement where the highest mud gas helium readings were encountered at multiples above background.

Therefore comes as no surprise that HE1 have suspended tai3 to later re-enter the well, and perhaps why Lorna felt that the first drill was so encouraging and positive.

Festive window? This is the drilling world, lots of my mates work during the festive period and don’t see family and friends over Christmas. Time is money on both sides of the equation, no time for sentiment!

This afternoon. Reasonable to assume that those those that wanted to exit are out now.

A good churn of stock for new buyers at lower levels.

I am sure that the AGM on the 15th December will enable the company to allot additional shares to beneficially raise funds.

This would tie in with our second well being drilled and noble Helium results that could result in an official discovery by mid December. Their second well is also reaching TD within days.

Sentiment and therefore price could very easily flip on its head here.

during 2021 the company raised $21.6m for its two well campaign. following that campaign, as of 31 december 2021 the company had a cash balance of $9.7m. less the $584,000 net cash balance prior to these raises the entire operational costs and related activities during that period of 12 months for a rig that was not owned at that time (implying a higher net cost to the business) was $11.3m.

as of the 30th june 2023 the companies cash position was $9.6m and they raised $7.9 in september 2023 leaving an approximate balance of $17.5m.

as such not knowing the cost of the respected rig, but appreciating that outside of repairs the day rate of the rig net to he1 is likely to be substantially less than the $11.3m incurred over a 12 month operational period in 2021.

assuming the same net cost, rough back of *** packet calculations would imply a $6.2m closing balance worst case scenario not taking the cost of purchase of rig into consideration, or the reduced net day rate cost of running the rig.

as such i think the company is far from running out of money at this point. draw your own conclusion with information available to you, you can certainly pick the bones out of this. but thought it was a better way of accessing the situation than just throwing out random insults.

all imo.

When this turns sustainably blue, all those that hoped for lower prices will only contribute towards the next bounce as they panic buy for fear of missing the bottom.

It’s rather boring!

So many blatant posts that are aimed at taking the share price down so as to ensure a lower entry

Let’s see, but I think this has bottomed. A blue finish would be bullish.

https://twitter.com/share_talk/status/1627414141303508999?s=46&t=-08F2X_C8peJJVX8TggoZA

Zak talks technical targets.

My bad.

Launch certainly feels imminent, stars are certainly aligning.

Full ask being paid. This could be a strong finish

I have been watching the day to day trades intensely for a while now. I think Lombard are out. Certainly feels stronger now than for some time.

Can sell my entire position at full ask (8p), this is being played today. Could be a very strong finish to the day.

Assuming NT to buy?

Your correct, up 10% plus first thing and the morning chasers expedite the churn before the saavy investors get paid!

If the aforementioned strategy is delivered in addition to the respective licenses, we all get paid at 40p plus!

It’s common sense, simple common sense.

Thank you Lombard!

Couldn’t make this **** up, however, inadvertently could set this up for a strong start and follow through on volume.

Hi, new position - came across ENSI during research but has already had a head start. Expecting funds to possibly role over into SND over time following it’s good run.

As a listed, profitable well financed company, you can see on their website a significant recruitment drive to deliver on its growth plans.

As mentioned by management, a better balance sheet will provide the larger clients with confidence that a protracted detailed design/contract would be backed up by business security/longevity.

I am waiting keenly on the next big contract win. In the interim, this will continue to gain investor interest as it has a very compelling business model imo.