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Joke80 fancy a fiver bet on if they'll drill in Jan ? Easy money I'd suggest you look at what happened last year.
So at least they have been honest with admitting they need a fundraise. But Jan spud target is either highly misleading or extremely optimistic. No sane operator would attempt to drill in Jan. Exactly what they claimed before and then surprise surprise it ends up being months and months later.
Actually Noble's SP has dropped 35% from its spike after their announcement yesterday. It's disgraceful to mislead novice investors like this but glad to see ASX has pulled them up on the misleading financial part of it. All they are saying when you get down to the nitty gritty of their statement is that they have proved a working helium system. Ring any bells ? There is of course still a chance for both Noble and HE1 to discover commercial helium in the future and I hope they do but it's not anything that will happen in the near future.
Noble don't have a discovery I'm afraid. Their annoumcement and interview is close to being fraudulent in its use of words and the market has reacted with a 10% drop today.
Got to love an 8% rise before breakfast. Enjoy
Well done to all who bought on the recent dip ... grear recovery and next year is looking so good now.
Incredible start to the day
But I dont want to causs you amger RG as not a good enotion so I wish you well for a good day.
Pushing rain ?! Ive been informing a BB based on 30 years of experience in East Africa of what can happen in an El Niño year after such a long drought.
RG that has to be the most absurd statement ive ever seen on a BB My point is that it would be a crazy health and safety risk to continue.
Im not using thaf in anyway RG. Ive spent 2 months each year for last 30 years in Tanzania and have many friends there. Im gutted by whats happening.
Sorry to say that quite a few people have been killed in the flash floods and mudslides in N Tanzania. The sensible thing to do woulf be to pack up and resume in Q3 next year.
Interesting that Noble's SP did shoot up on news but then rapidly sunk back again I would guess due to people cashing out when they realised it wasnt gas they'd found but water and mud. Clever use of word exsolved to allow some people out ?
Noble's PR is consistently better than HE1 probably due to the large holdings of directors there but their announcement isnt really any difference from HE1 just different words and their SP is only up 2 % or so on their update.
I've beyond land of internet for quite a bit of time in last few weeks and have taken my eye off GST but delighted to see 90% upswing. What's people's views from here ? Time to sell or keep money on the table for future growth ?
Talk of sub £1 is ridiculous as fundamentals for next year are actually really strong. Anywhere around this buy price makes good medium term investment IMHO
There is a chance rig can be mended and drill can be done quickly before rains set in and then raise more funds to resume in Q3 next year. But nothing else could go wrong to meet this timescale so only my oppinion but I feel too risky to buy back in at the mo. Good luck to all
Yes Q2 drill date is absurd. It has to be Q3 onwards. Flooding in East Africa is now really bad in Kenya and Somalia with quite a few people killed and so much agriculture ruined. North Tanzania already affected and only a matter of time before flash floods reach HE1 area. Always happens after such long spells of drought.
Sorry typo 10% gain today not 19
What a superb day. It was so clearly oversold and medium long term fundamentals are really good. 19% gain since buying in this morning cheers 🍺🍺🍺