Member Info for Ezhik

Good afternoon Mr K, looks like we might be here for a while longer, t'is really early days here yet. I mentioned us on the other Canadian goldie board a day or so ago (lost track tbh), maybe brought some new interest here, dunno, but if so, they will do OK here in time. At least the other one has perked up a bit thank goodness.

This is only stock I have thats not in profit just now, s'bout time it got its finger out from wherever it has it stuck at the moment.

Each to their own strategy. As mentioned in the article, price is supported by the graphite alone and the the Co are targeting 84000tpa in 2024, 30000 early next from their initial base of 3000. New road completion has wiped 5% off opex which translates directly to the profit line, shrewd businessman at the helm. Has to be worth £500m in the next 12-18months.
Known news is only known by the few that were interested, the number of trades today indicates wider awareness which could grow exponentially through the jungle drums, (now known as social media). Has been a good couple of days for TGR

Vatomina should be getting on with commissioning and then building up to the nameplate production for another 9000 tpa. Plans are likely to be advanced on Sahamamy next plant for another 18000tpa eoy/early 2022. giving 30000tpa, a 10 fold increase on current 3000. £5 year end :)
Back to work

Extraordinary number of trades today by comparison, excellent news bringing the stock to a wider market. So far this company have done what it says on the tin, long may it last. Potential applications for graphene are mind boggling.

"Panther's Expansion to Mining Major"
At least you didn't say a 'major minor', it might have tipped the scales. :)

well, at least I am back into a profit situation here. Co is still undervalued, 10 x production increase over next 1-2 years, graphene development, collaboration with R.R. Alternative to copper wire smaller, lighter stronger and I guess, a better conductor. £5

so, yesterday's little sp spurt was probably due to the rns being lodged and 'someone' anticipating some progress news.

Hopefully with a very big story to tell by Decembuary

Everyone here needs to understand that timelines when applied to any exploration drilling activity are always plus or minus half a brick. Much of the comings and goings experienced within the drilling industry are outside of the client's control. "couple of weeks" = anything from 2-8weeks. "next few days" = 1 - 30days. " near future" = as soon as we can but we have no idea when that may be. "Imminent" = same as near future. "multiple targets" = More than 1, but we don't really know exactly.
The whole process is a best guess, obstacles are overcome by experience and competence plus we always had a plan B and a plan B+ or maybe a plan C. Each plan had been practiced or 'done before' and so was not just a stab in the dark. Mitchells will be the same, they are experienced drillers but drilling into something slightly different so imv it is best to give the whole team plenty of slack and trust them to be doing the right thing without timescales as opposed to watching them dive in just because they feel they have a time target to meet and then breaking stuff--or at worse, people. So, the point is "spud in the next 2 weeks", could be anything from 10 days to around 6 weeks :). It will happen... and then the sell on news team will crash the price so be careful what is wished for. 'essitin' innit tho'

I recall that information being available a couple of weeks or so past, either someone posted it or it was in an rns or part of a report. maybe the same one from the FT

Glib: Reallyden, this question makes me so mad! Because I can't find an interview that talked about the difference between using a mineral rig and oil rig - which mentioned being left with a "bucket of chips". If you do find the interview please post. However, there are more variables to consider than the difference between oil rig drilling and mineral rig drilling. You can get a pile of chippings using either type of rig so in the case of whether you are going to get a core sample. a pile of dust or a truck load of chippings is dependant upon the methods of drilling to be used as opposed to the rig type. Mud is not typically used for mineral exploration as in general the only product from the hole in the ground is rock. In this case mud will be necessary to control the well and to prevent kicks or blow outs as a result of releasing trapped gas. Whoopsie. So unless someone on here can confirm the drill technique, basically, we dont know all that much. Drilling speed will depend upon the method--sounds obvious doesnt it, but folk are guessing drill penetration times without a clue about the method proposed. Diamond core takes several times longer than an RC drill using air, but we know at least that air is out of the equation. They may horse down to a point above the first anticipated cap with a cone bit and get that pile of chippings and then change over to a coring tool or they may just go coring from the off and pull the cores using a wireline so as not to have to keep pulling the drill string all the way out again which is a quicker method of diamond core drilling, but they might not. It will depend upon what they want to achieve and what rock samples they want on the way down. Point is, to estimate times to reach target depth is futile unless you are the driller and have the drill design, the capability of the rig, anticipated ROP based on the Geo experts and even then its a best guess. Its a good game though, bb competition to guess the time to be taken before first He shows are reported. I'll guess 11 days after spud announcement. One thing that we can be sure about is that they will be drilling soon and there will be a hole in the ground and before long we will be able to say well, well, well, three holes in the ground.

I have a small sum in PALM, its very early stage, interests in Oz and Canada.

A most welcome figure out of the blue. 4 new wells coming in at higher revenue than anticipated cozza the orl price. Common sense approach to the McCoys thing demonstrating management integrity, nice little directional drill coming up to get our teeth into and the sun is shining too.

Tunder. nt refers to 'negotiated trade' it means that there is no stock available to purchase via that broker at that particular time, it can also mean that the broker is not selling any stock that he may have as the price is about to tick upwards and he can get a bit more for it. If you place a deal with your broker as a 'negotiated trade' they say that they will execute the trade at the best possible price in the market. Well, without going into a huge analysis of 'best price for whom' you may find that you have paid a lot more than anyone else has for the stock or conversely you may find that your broker has done you a favour and located some stock at a good price, it is however something of a hit and miss. Anyone that is attempting to 'promote their stock' may just post 'nt' in an attempt to create urgency and to give the illusion that the SP is about to go to the moon and if anyone wants to buy some stock they will have to hurry up before they miss the boat. It is always best to check for yourself and if you have subscribed to L2 or at least have access to live trades you can get an idea of what is about to happen with the SP. Sometimes one broker has no stock and it really is negotiated trade only but other brokers have stock available. Clear as mud I s'pose. Look up Negotiated trade on goggle and you should find more info, or just ask my wife as she is an expert on everything.

Is this a license which I see before me,
The authority signature toward my hand? Come, let me clutch thee.
I have thee not, and yet I see thee still.
Art thou not, fatal vision, sensible
To feeling as to sight? or art thou but
A license of the mind, a false creation,
Proceeding from the heat-oppressed brain?
I see thee yet, in form as palpable
As this which now I mine.

bhoys. did you find it yet, its in the audited accounts link posted by flagstaff earlier. Seems like McCoy owners see an opportunity to change their initial plan and zphr are relinquishing their current option until the seller decides whether to expand, improve or do nothing more on McCoy. There remains an option to jump back in later if it suits both parties (thats how I am reading it anyhow).
Time ticking away here, will soon be July and all talk will be on the spud date and what the Sp will be. Atb.

Luck. I guess that sometimes no matter what one's good intentions, someone somewhere will see it as the opposite. I posted on another board about some 'promised' company activities that they themselves had rns'd that never came to fruition and made the point that with that particular company it is best to see how it plays out before assuming that what is said is ever likely to happen and then I got lambasted for making libellous accusations, that were merely a comment about things 'promised' by the 'boss' via official notification that were never completed, never commented upon by the boss ever again and conveniently forgotten directly following the latest dilutionary fund raise. Stick to making up ramptastic fiction, its more acceptable than trying to tell the truth.

There is another CEO (not Harry) that has managed to decimate his company shareprice, dilute them to oblivion but still manage to pay himself about £1m a year in salary, fees, bonuses, share allocation etc etc without producing or achieving anything tangible other than a bucket full of promises. What H is doing is getting paid on results that once achieved will transform the future of the company and if it doesn't happen he doesn't get his money which is all slightly more palatable.
One issue here though is that nobody really knows what finance will be arranged and how much inevitable dilution will occur in the process.

From the report
"What makes this discovery special?
What really separates this particular discovery to other Helium reservoirs is the extremely high amount of seepage. Typically, they are about 1%, however, in the Tanzanian section of the East African Rift System, the high-N2 seeps produce up to 10.5%!!!"

They seem to have got that wrong. They do not mean 'high amount of seepage' as surely that would not be a good thing and the last thing that HE1 or us would want. It would indicate that gas is blasting its way past any potential seal. 10% of the gas escaping? Nope. What they mean is the % of He measured in the gas that is seeping is 10% as opposed to the typical 1% found in other locations. They have also included N2 in the same paragraph which is also slightly confusing and they should have clarified what they mean by it. Anyhow, back to work again.