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Bad I guess I should not be in this game as I have looked at the chart and seen where the share price was before all of the hassle and delays in getting the permit we need. I have invested heavily based on the potential should we get it. Hopefully more clarity on how close we are to a green light after the Q and A at the AGM.
Blissful a potential horizontal section into the payzone? Previously acquired extra paradox acreage. A rising Oil price. CH in podcasts talking about seeking joint venture partners. It could get very interesting if it all goes well.
Roger I don't know if we have enough money to see us through to the EWT. I suppose the question is whether to add now and risk a fundraise or risk waiting until after the EWT. I am hoping that a good EWT will enable us to invite in partners that can fund us through to commerciality.
Deltalo my thinking is that a successful EWT will enable he1 to address the problems that caused the recent share price decline. Do you have an expectation of the future he1 share price upon the EWT conclusion?
Slacker most of your questions may be answered after the EWT that is estimated to take place in the third quarter depending on the procurement of the right equipment. If successful it's going to be game on.
Older PANR have just issued a load more shares to extend their acreage rather than focus on reducing their debt They are going down the COPL route. I don't think coming on here to cross ramp and get 88 shareholders to pickup the tab is going to work.
Grey "A jaw dropping public theft" you are quite right I was one of those shareholders who got burned by that Arthur b_____d. I would however prefer it if we get 36-2 up and running before stretching out to get a slice of anything else.
Sorry brigg I disagree with your figures. 28.317 litres a cubic foot. Helium 5p a litre. 4.7 per cent concentration, half a million cubic feet a day multi plied by 365 gives me £12 million a year per well. That does exclude hydrogen and assumes a successful extended well test.