Member Info for GL77

Profit I disagree with you. The recent sharp rise shows how quickly he1 can move. What is going to happen if we have a successful EWT and find partners to fund us to production?

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?

Musk from my reading of it they seem to be considering a development plan for the shallower levels. They have had some access to our well tests and maybe that augers positively for our next RNS.

Stratton he1 were hot until they presented flow rates that were considered poor. If 88 present flow good flow rates. It may be 88s turn to be hot.

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.

Taximan I am thinking along the same lines. Horizontal drills can expand the area of stratigraphic payzone reached and much improve the flow rates.

Taximan how many barrels a day do you expect or are hoping for from the flow tests?

Dai2 the extended well test is key here and has to be the priority. If it's successful things are going to get very interesting.

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.

LOTM thanks for your calculations. Do you know the price of the top quality helium that is used in high end electronics?

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.

Magic I am hoping that the EWT shows that we have a self sustainable self replenishing helium system and that vacuum lifting can increase flow rates to make the well potentially highly profitable.

Mad I got the 5p per litre off Google. Glad to know it's out of date. Each well should be worth a lot more per annum.

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.

Masks you could be onto something there as she seems particularly pleased when hydrogen is mentioned. Regards GL77

Baron that's what happens when you spend too much time reading the chat board hoping for the price to go up.

Wyndrum There may be ongoing talks with various parties and that may be the reason as to why we have something of a news blackout. I guess we will have to wait until after the lab results RNS until we hear anything new. Regards GL77

Good luck System I have done something similar. Desperate times desperate measures. Bold and decisive wins the day, hopefully. Regards GL77

Stas Ist golden rule of investing. Never buy any shares in any company run by an Arthur. Wish I had known that before. 2nd golden rule if the CEOs name is Lorna get in quick? At least I hope that turns out to be the 2nd rule. Regards GL77