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Didn’t LB say that the camp will be on the same pad as the drill in one of the recent interviews / presentations?
May be wrong but thought that was something I remember hearing. Be nice to get an rns this week saying the crew is sorted and on the way out there.
I agree no fund raise, we have no time - it’s September next week :)
But in fairness to everyone being fully funded for this drill is not the same thing as not raising before spud. The question has been asked to them directly and they have always avoided it, they could have just said they won’t be raising until after a discovery.
It looks clear now that they won’t so hopefully things should start to pick up here next week.
I have decided that if it doesn’t reach a decent sp before spud I will just hold all the way, life is less stressful this way.
Not many of these sort of opportunities around where the results can be life changing.
Next year will been interesting either way now with the drill sorted going forward.
Https://x.com/proaimtrader/status/1691200702004011008?s=46&t=msyCVEInnXffWE-1TVWBYA
That should be the link to it
Think it’s about more than just the funding.
Crew not sorted
Long lead items outstanding
2 week delay for the drill
In intviews LB said early September, now it’s mid September.
Personally don’t think this changes much, we are on track and things coming together but I can understand why we are red today, not sure the rns was worth putting out really no new information.
Yeah they said part completed, I think this is what’s holding the sp down at these levels. Once they sort a crew and build a story behind what they have completed before etc.. think we will be good to go.
Only problem now is the project has changed so much with their own rig ect.. I think I will hold more than I planned going into results - especially if it doesn’t go in to the 20p.
What’s another 9 months to wait if we have to on a duster, eventually I believe they will get there this drill or the next.
Andina - comparing the share price from before is valid given the price of helium has also increased and the resource has been increased by 66% if I remember right.
Not a ramp just fact - we don’t have much information to go off really so we have to use the information we do have, I am sure most people mean well.
To be fair to the guy he has done his job. Now would be the best time to leave for him. No matter what the result is from this drill he1 are going to be busy, even if they have a duster with the drill now owned they will be moving on to a huge campaign next year.
At 72 it is understandable if he wants to take a step back from that.
Jez - we own the drill now so not a concern about its past, we know the crew is sorted from a LinkedIn post or at least lined up for it.
We believe the drill is on site already, other issues you list are risks every project has - it’s a risk for you to walk across the road but you need to work out if that’s a risk for you or not.
We are still 6 to 8 weeks away from spud, we need to get a few weeks out of the way before we see any substantial raise.
They raised at 10p last time and we burnt through all those shares with out any issue. I would be surprised if we don’t reach mid 20s, for all the reasons we all know - price of helium more than doubled, resource size 60% bigger, better drill …….
InvestingGoals - noble still have to raise money which I believe is at 18c - this is going to be the main reason they haven’t moved - well that and no drill on site.
Can’t remember exactly when that is meant to be happening but think it’s around the end of this month.