Some trading it now as well, on raises like we have had lately, they will sell push it down and then buy back in for an extra share or 2.
Risky at the point really , when they do rns it’s going to be a big one. Monday next week is feeling like it could be the day.
Depends how you look at it all really. If you think it was all setup or if you believe they didn’t know what was going to happen and they thought they had a drill.
I personally think it was out of their control, I don’t think they went out of their way to trick people.
A lot of talk about a one drill company and that lately but I think we have a massive asset, waiting to be discovered. Hopefully some good news soon.
I like the idea of a few exploration wells, even if it takes a bit longer to get to the end result. I guess the only reason not to do that is if they are sure they already have a discovery and just need to prove it.
Do wonder if we have some kind of middle ground, can they not get a rig that can drill and make a discovery without it being a production well / 7inch casing?
Obviously better than the 2 inch hole they did before but somewhere in the middle, maybe 3/4 wells for the money.
Once they have a discover they will be able to move things along better. Maybe someone on here knows if that’s possible or not?
Yeah agreed, not sure what all the de-ramping is for. It is only the last shot at Tai, discovery or not we will move on to the over areas.
Anyway with all their hard work and the right people on the job 1 drill could be all we need at Tai.
We all know it’s there somewhere, they have seal etc.. that’s why they are going back there, the rest will follow.
Think they have moved up a gear, last year they seemed to just except a drill may not happen.
This year I think they know it has to happen or they ain’t getting no more money from investors.
The money they just raised must come from some pixxed off people, possibly wanting DM replaced. I suspect they will under promise and over deliver this time round. DM is the fall guy but hopefully now positive steps forward.
All this assumes he has left because he had enough or was pushed.
Option 3 could be that he sorted a drill before leaving but felt it best to step aside for the good of the company and let Lorna lead the campaign.
Let’s face it if he came out and said yes we have a drill no one would believe him. However Lorna taking over and saying we have a drill and it’s on the way to site would make a difference to the sp.
Either way we will know soon
We have been here before, it goes silent and we think they are sorting things in the back ground, just to find out they haven’t sorted anything.
I hope they have sorted a rig and have a realistic time scale for a drill this year, we will know soon enough.
Yeah agreed, I don’t know how much of it is really his fault any way. That court document the other day actually showed the case wasn’t filed until the 12th October. That was after the drill was fix and ready to go.
Would have took some time from then to notifying people involved. Timelines match up as just bad luck with that for he1.
Saw that document on the telegram group the other day, one of the guys had a reply from the court. Does appear that it got dismissed and the rig is free to leave the country.
Guess we will find out soon if we are going to use it, or if we have something else lined up.
You would think that with the time and money we spent on this rig that they would have planned to use it at some point in the future once all the legal issues were sorted out.
Hopefully we are first in line to use it if it’s all sorted. Now that this information is out maybe they will release a rns saying it is available. I get people want signed contracts but nothing wrong with letting shareholders know we are going in the right direction.
Let’s face it leaving it for long periods of time normal means they haven’t sorted anything, time for a new approach and update us on what they are doing.
Yeah but he said all of last year that we would be drilling and that it was our discovery year. Only thing we discovered was he was full of sh**
Let’s hope they sort it out this year or they will run out of money.