Member Info for Ezhik

Buffy, lets hope its not just that six quid tho eh! (yr post yesterday)

Dai and DBD. Bentonite and Barite mixed with water to create a drilling mud to control the well and prevent blow outs, stop gas migrating to the surface--in O&G the gas may be explosive or could be H2S, neither is particularly welcome on a drill floor. In this case the N2 and He are asphyxiants and although the drilling is 'outside' in the open, a good dose of nirogen/He could take out the drill crew. Mud density/viscosity is calculated on downhole pressure, hydrostatic head and designed to keep the stuff in the hole--in the hole until you want it out, mud brings the cuttings back to surface and is then separated from the rock chippings (cuttings) and recycled. Viscosity checks are ongoing every few hours to make sure nothing has entered the well such as water/oil (not in this case though). Mud also cools and lubricates the drill bit and keeps the string from binding and getting stuck, unless you make it too heavy and clog the system and get a stuck pipe which is a nightmare for all drillers. Cement?--no, not unless you are shutting in the well or have mixed up your sacks in the sack store. SO, some of the equipment being assembled at the offsite warehouse place will include some sort of mud system, pump, mixer, reservoir and some materials. It is a small bore hole, not very deep therefore not millions of litres of mud, if its water based and comes out clean enough they may just dump it after but if they are being conservative and 'E' friendly, recover it and use it on the next hole. Tick tock, next news? Cleared the access route and improved the road? All the drilling equipment now delivered, checked and packed and ready to rumble, Top drill team assembled, driller would not want the reserve team on this one. Drill pad ready. that's it, in or out, showtime.

Wouldn't be so bad if they were actually mining instead of having a right good talk about it. :)

Surprising that there has been no announcement to inform that the oil sale revenue $400k has been received from Ezz. As its such a big deal for a minnow company, most would announce that the revenue has been received and shout from the rooftops. Anyone still talking with Andy might like to ask for confirmation of receipt. Florida says is should have been paid on 24th April which should be a correct statement if completion really was on 24th March unless they do sales and revenue on a specific date every month. Maybe revenue doesn't come until the £100k worth of stock has been issued to complete the deal (within 60 days of the completion date of 24th March). Can't really see the point of issuing the stock though, if there is $400k dollars coming in every month, just take the outstanding 100k from the first month production to save another dilution of over 100million shares. Borrow it from the bloke down the pub or something for a month.

Added at 76 and 78 last week, dont hold millions but its all I can afford etc etc. Sitting on hands again for now, Good news from increased grades at the mill and increased production expected and then the tantalising 8 zone to look forward to. Back to 150 plus. Good buying in point at this time I would say.

lol. Just checked in to see price from Friday, relief to see blue. Obviously everyone else in the world has seen and commented on it but it new news to me. !.
Thanks to all posters putting in the research and sharing, it is very welcoming. ATB

Decent volume here again today, always a good indicator of interest. S'been a while coming but plenty of eyes are on the prize here now.

Yeah, and if folk would stop selling maybe the SP wouldnt drop eh. Its not the MM's selling is it ffs

Indeed, 2 x 200k buys, £20k plus and not to be sniffed at. Every day is a day closer.

In theory, that is a normal scenario when there is a defined waiting period but this is not normal. If it drifts, buy more.

Space. Well done. You'll be dubbed the Murray Walker of HE1 at those reporting rates. GO GO GO !.

So what. Welsh gold has its own market not directly pegged to the standard POG, but 1800 should help all those companies that are currently getting it out of the ground or proving up their resources. PUR, ECR, GGP, SHG, etc. :)

OK Tks both, I just noticed a newsfeed about Palladium and thought that maybe it is in amongst our stuff and can be separated out with the newer processes aka last rns. . We are at least building up a head of steam here now. ATB

Since I acquired shares in this stock, price is much the same, maybe a tad lower in fact. Has been a long time sitting in that opportunity cost of capital drawer. Almost got bored out if here last week but couldnt bring myself as sure as eggs is eggs, the ML would arrive 10 minutes later. Cannot be far away from a signature-although I though that last Summer.

Cripeth, a shade of colouration recently bereft from the pages of ACP. And its not entirely due to spread messing. Must be the licence then. :)

Anyone. Do we have palladium amongst the ree? Its at an all time high due to serious supply shortage.

can sell at 19.7. price all over the place

probably turned to becoming resistance. added some at 20p should have waited. S8d it

Recent news.
Samia Hassan. U turn on covid ongoing. Has visited Kenya to re-start relationships and has also entered new trade deals there. Has allocated big funds for retired police and prison officers. There is some aggro at eh border with mozambique, folk fleeing from mozambique looking for refuge in Tanz but it doesnt look like a revolution. Samia Hassan very positive on encouraging investment and developing mining. Might be some local 'pockets of resistance' as the locals will want cash from any development by HE1. Nobody has stolen the Helium.

And not everyone can see it