Member Info for Ezhik

Tom Winnifrith. Calls himself the Sherriff of Aim. Sometimes gets it right sometimes doesnt----much the same as everyone else. Hero when he's right, small time loser when he's wrong. Has a bit of a following.

You guys don't get it. If the company announces they are going to 'do something' in a couple of months time, the share price is likely to increase a bit over that time. When they announce they have done what they said they would do, it is no surprise that it has happened, its not new news or even particularly good news, it is just news 'as expected' and the whole thing is already built in to the price. After the announcement - in this case drilling - the risk increases so the risk averse people bale out and then there are the traditional sell on news brigade. You'll now have to wait until there is some positive words coming back from the wellsite or someone starts a rumour about being taken over for 100m.

It's a Surgical instrument with sharp teeth. Sounds about right.

A Trek. You said "I am of the opinion that the Sp catalyst here could actually be as ‘simple’ as helium concentrations being materially above the commercial level of 0.3%."

I said "Some confirmation of there being Helium present is what is needed and if they say better % than their best estimate then you'll see the rise."

So it must be right then :)

SP won't do much--maybe even drop. It's not new news. I'm in with£20k and want the price up as much as anyone but this news isnt going to skyrocket the S.P.

Some confirmation of there being Helium present is what is needed and if they say better % than their best estimate then you'll see the rise.

@Superroty..shhh, that's my plan too. lol

FOMO Friday on a Thursday.

The trouble with the expression 'maximise value for shareholders' doesn't necessarily equate to 'increasing the share price to make PI's money'. It can mean several things such "we will broker a deal which gives us the best value that we can achieve but it's still going to cost money plus the issue of a wad of shares as a sweetener to the financiers". Any investor or participant or JV partner will not be doing it for love and will want an attractive payback and/or a decent % ownership. It is one of those paragraphs or expressions that folk read into as being what they want to read. - yes it sounds very positive, but it would have to wouldn't it. I first read that and saw it as an upcoming dilution event, others will read it as being a precursor to a multibagger. Funny old game innit.

There is also an element of doubt behind the reason for the blockage. Either it will clear up after acid soak and natural clean up from the flow or it wont because it has limited connection to the main reservoir due to a fault line. The 1350boe initial flow could now be significantly lower after the initial release of pressure or it could be increasing as a result of clearing the mud-blocked natural fractures. Proof of the pudding will be the results of a sustainable flow rate and general well performance data. More waiting and fingers crossing for all investors. I'm still erring towards a decent result with $$$ revenue coming in to fund the next paradox venture. Saltwash---they may have to raise some cash or postpone until they can self-fund it--unless they give away the family silver with a JV. Hey, just my view right--not based on anything other than opinion, so take it with a pinch of salt.

Good update, sets out the next steps, early stages though. Handy nearby airstrip to bring in people and supplies quickly when necessary. I should imagine that the wellhead separation wont be considered until after the well results, ie next year for monetisation. December isn't very far off.

Well don't put a 'hex' on it between ya.

Painful hit no doubt. There is life after Zen though - as tough as it is to make any profit, it can be done with some effort and by staying alert and just riding whatever the current wave is on whatever stock it might be. UKOG last week for example. love them or hate them there was 100% profit there over a couple of days.

Well that says it all then mate, no buyers at that level of variance and no sellers willing to walk away with next to nothing.

Mls. Look at the advertised spread, same yesterday--try a dummy buy/sell to get a better picture--might be better-might be worse!!.

Dire. 50% haircut, just like that -- sssssnip. Someone said 50p before spud, I was hoping for 30-35p and now 20p is looking more like the target. Everyone disappeared to Gex? or is it just the Minchen effect.

Wonder where the nearest concrete batcher is? Ready mix on site from somewhere not too far away. Just need that little bit of concrete to harden and the well is good to go - once the rig and support equipment is up and running.. Couldn't tell from the film clip how far ahead they are with the general site set up but yeah, it's not long now for the proof of the pudding. They are further ahead than I would have imagined. No doubt start of drilling announcement will be followed by an SP drop as folk think they have weeks of waiting for results ha ha. Then they will have their trousers down when the first feedback arrives a week later informing that there are better than expected He shows in the well bore as they approach the first target area.

Did you know there is a strong correlation between Nitrogen and Helium in Gas wells? High % Helium is likely to equate to high % Nitrogen. Lets hope it works in reverse too. Helium appears to be derived from U and Th, both appear to be present at Ingomar. So we have previously drilled wells with high N2 content and above average U and Th present. Prospects look very good. Jesus is unlikely to be able to assist though.

Northern. I can't be bothered looking or playing the game but f you are searching for news, local to UTAH or in the govt planning depts, dont forget that most things are still registered under Rose and not zeffie.ATB

Looking hugely better today for you guys n gals thankfully. Well done to those adding or holding tight.

I had a feeling that this would happen and tried to say as much the other day when I got out. There was no traction just a day or two before the big reveal and despite it being a fairly tight ship, word gets out somehow and the SP had already started to drop back a few points. Results needed to be 3000boe a day with no caveats to keep the SP up. There is now a question about connectivity to the main reservoir and whether it is drilling fluid that is blocking the fractures or whether they are just not connected due to compartmentalisation. More waiting I'm afraid, maybe another 6 weeks ish. I.G. if you are looking in, in answer to your question it was a bit more than a million.