The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
ST I thought advance were responsible for the whole development cost not 50/50. Thought I read that in carnarvon's agm?
Describing what?
You could be right bp, I think it would be wise too. Need to get a discovery under the belt before anymore science lessons on mud haha
I think dm re drilling tai would be a massive positive. The knowledge and data they have acquired the first time around should drastically improve the cos and a decision like that would also show alot of confidence in what they think is down there. I do feel that the last dt interview was poorly timed though and in a previous post I did say using words like end users and off takers so close to results (which they probably knew weren't great) is a bit misleading given what was transpiring. Lesson learned i suppose, but very keen to hear these next steps. Gla
I find the construction of his answer interesting... "with testing ready to take place we are positioned to talk to end users and fast track rukwa". It sounds like he is connecting the drill at tai with success by mentioning end users, which at this crucial time would be reckless if data wasn't VERY good. And mentioning fast tracking rukwa would be a strange use of words for a ceo at drill result time if things were bad. So although he technically hasn't said anything the language used together at this time paints yet more positivity in my eyes. Bring on next week! Good luck everyone
I suppose what I'm really asking is (and forgive my optimism) how possible would it be that everything from say 550 down is trapping enough helium making it one big trap essentially...or is that just not possible??
Is it possible that aside from being cautious as they continued drilling, that since that second show at 550m which was in an area of low prospectively they have had alot more data to sift through and decisions to make than they originally anticipated. Dm spoke of tai being a high recharge basin and I assume they have had plenty of excellent readouts continuously down to current depth which makes me wonder what kind of 'good' problems they have possibly encountered. Of course i know sweet fa about drilling so I could just be talking b0llx here lol.
John st meyer gets it it right finally? hahaha
I try not to look for things that aren't there but the use of the word discovery in any communication at this stage is very interesting. Which is more likely A) another tweet gone wrong and then corrected or B) a very cleverly given heads up without getting in trouble. God knows but it at least comes across like everything is still going well..........
Cheers rumandpoker, I hope your right as this board is going to quickly descend into chaos otherwise! Grab all the loo roll and batten down the hatches
Am I correct in thinking they restarted drilling from last Friday roughly (assuming sidetrack casing had set?) If so and at 30m per day then aren't we somewhere around 720m ish? And isn't the first target at 900m? Or have I got that wrong, because I don't think they even have anything to report yet and even if they have reached sufficient depth, only just... please correct me if necessary there are plenty more knowledgeable on here
Any shareholder dilution though and an anonymous call to M.I.B will be in order
Dorsal, in America $20 will buy you bullets to load a gun or a meal for a homeless man. Without $20 you can do neither. Money enables kind people to spread kindness and have a Greater positive impact on the world. However outnumbered we seem sometimes....
And instead of condemning the world try and motivate yourself to become rich enough to change it. Which unfortunately you will not do from the Arctic circle
Inthevoid, money doesn't 'do' anything. It simply magnifies and enables an individuals desires. In your case (and mine) it is to better the lives of our families. But others wish for different things, and and to some degree they have a right to. The discussion of capitalism and monetary systems is a long one and as it stands but although flawed its a good one considering historical failed ones. We all want to get rich enough to never have to look on this bb again lol and with perseverance and self belief we will all achieve it. Never feel guilty for that
Nice bit of info on directional drilling for anyone interested. Helps get your head around what they have done.
https://drillers.com/directional-drilling-everything-you-ever-wanted-to-know/
Excellent recovery so far, I for one am counting my blessings they didn't have to abandon the hole, and really looking forward to results now. I feel dm will be keen to release some more good news ASAP to keep the positive momentum going. I'm not one to wish time away but the next month can't go quick enough
I'm just thankful they can continue the drill, more unexpected positive gas shows and I'm glad they can carry on. The gas is there and they WILL get it.
If plans have changed in the way described would they not be obliged to rns that info?
Thats it big plan I love it when you talk dirty lol