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Nice post Stas. A historian too :) Spot on.

Decent buying going on -SP should turn around soon. 30p before news would be nice

Nice little move upwards, keep it coming every day t'ill news.

The only rise i'll get today is when I put my feet up on the desk whilst keeping an eye on wasshappnin here. Last time I was involved they were doing something with a power station in Wales and then making waves in Scotland, now they are 'ever ready' to try something new, can't fault em. Might have to read-up when I have a hour.

You would need to do a dummy sale/purchase to find the real spread--maybe it's correct but if it worries you then test the market for yourself. Advertised spreads are often miles out.

Maybe today is just about the right time to add a few more, almost August, a couple of weeks time everything going gangbusters at the well site, production PSC coming together, some news flow and a bit of excitement coming should equate to a few % on the dial.

@brentw1 ref 06.54. Voice of reason. - as usual.

Hopefully there won't be too much dilution so that the £1 is reasonably achievable. It'll start getting tricky to increase the production once the current set up is at full capacity so lets hope that pound is achievable with a combination of maxed out PSC plus a bit of expectation added on for goodwill. $$ will be needed to get past that tipping point where it becomes ridiculous to try and continue shipping gaseous gas by truck . They could consider another PSC but that would mean even more trucks needed or buy a liquifaction plant where 1 truck of liquid gas would replace about 700 gaseous gas trucks. Hopefully Mr Sears is already out sourcing a used modular liquifier for about $10m and some wind turbines and a solar farm to help power it. - they could use some of the gas from all that Hydrogen they are going to find and power their own turbine. Hey--anything's possible. Anyway, back to my day job and reality. i just noticed another step up and that stairway--keep it coming

Thanks all. It would be possible to get the gas collection hooked up to all 5 wells but only open 1 well to get the PSC equipment optimised, or just pipe one well initially, declare production and meet the significant milestone. Getting the plant up and running and optimised would be a staged process of course,

start small and max the thing out asap😁- Hooking up to just 1 well with a bit of tubing is probably going to be a quicker process so they may well go for that and then lay the pipework ringmain whilst they are fettling with the PSC. End of summer production may then be a bit sooner than my comment about it being possibly October--fingers crossed. Now--where's that Hydrogen source, we need it to power those rockets that some folk are expecting to launch.

Trek. Have the BOD stated whether their 'production at end of summer' relates to hooking up 1 well initially or all 5? I have been (probably incorrectly) thinking that they would want all of them up and running at the end of Summer, but to meet the promise, they only need to have one. If the answer lies in an rns, my apols, I'm being a bit lazy. :)

You remember that from the first time around Bricks? I had the LP 'till it got lost or stolen - along with my Led Zep LP of the same year, 1969 also went awol.

Deffo living in the past there.

Back in profit again. Was surprised the SP went as low as it did. Too many commitments to buy more in the lows :( Hey ho.

That's one of the funniest posts I have read in ages Wayne. Cheers for the smile.

Indeed, happy birthday.. I celebrated with a 3k top up. Every little helps as they say.

@lolly, from the interview "He emphasised that wire line logging is already complete, and well completion operations are underway."

Next steps are well perforation--probably already into that by now. Providing its all clean down there it should be flowing this week. Keep up:)

Indeed JH. I would only commit to a sales volume if I knew that I could maintain it, especially if there is a guarantee clause-- LOI, Gentlemans agreements, sales proposals in advance = all good. But--hey, lets get the collection pipe tapped into the wellheads, get some metering going and the gas going in and out of the psc to see what actual He% quality and volume comes out the good end -- and then folks can put some $ projections on performance.

@lolly. re yr post yesterday .I actually said 'anticipating' not 'expecting'. There is a subtle difference. The rns only told us what was already baked in to the price and then there are the sell on news folk entering the fray--that's just the way it is. Its not my opinion of the company or the board or the results which as I also posted the Mr Sears may well do an interview to explain the importance of the 2miles southerly discovery. I also said that we should be getting a tweet or news on the ground works for the production facility--and today we have received it. You should have worked out by now that I am always right with this stock :)

They are not really wasps, they are miniature drones made up to look like wasps and programmed specifically to have a bit of fun with Hex investors.

Well, I was anticipating a red finish today, but the SP kept its head above water. Bod needs to keep some news flow, photos of big coils of pipe, the production site preparations, photos of wasps, anything to keep the chatter going and prevent slippage over the rest of the week. Maybe we'll see another interview explaining the significance of the 2miles Southerly location and what it indicates from a reserves and potential longevity perspective.

It appears to be similar and it appears to be commercial. Also, dont forget that the measurement taken is only from a snapshot in time. Well 5 needs to get going soon as, if they are going to link all 5 wells to production by end of summer--no. I'm not going into the debate about what that means in the UK compared to US. :). Anyhow-realistically end of Summer looks like being October at a guess. Still to test well 4 and then run 2 miles of pipe to its well head and then into the PSC, drill and test 5 and then run that pipe and tie it in if the well is commercial. They should have started on site preparations for the gas separator by now so a tweet with a site photo would be handy Mr Sears. All coming together nicely though.

Valuation. 68 bitcoin at about £85k each, call it £6.5m plus 5million in cash = 11.5 million. Current Valuation £36m. For £36m I could just go and buy 450 bitcoin so why would I pay £36m for 68 plus change plus the potential for a few self mined bitcoin. SP should be around 5p. £14/15m