Member Info for HeidHoncho

You don’t pump cement down the annulus, you pump it up the annulus, by pumping it through the shoe.

You are correct however regarding the need to perforate if they are now carrying out a remedial cement job on a slotted liner, as the slots would get blinded off by the cement.

No, you are not merely reading between the lines.

You are portraying, as a matter of fact, that a celebratory party occurred after alleged meetings had been completed.

So, what’s it to be, will you substantiate that the party did indeed happen (by informing the BB of the venue, so that a quick call will be able to confirm it), or will you now wish to admit that it was all a fabrication and that you were lying about it.

And just who were these non celebs that you respected that much that you were looking forward so much just to see an autograph of.

By the way, I’m not the one who is judging you, it is the posts that you have made that will end up judging you.

Simples.

Wasn’t that much of a party then if it finished just after midnight, certainly not as impressive sounding as 02:34 was intended to intimate.

And autism wouldn’t have you mistakingly post a 0 instead of a 1, and it’s not even as if it was a slip of the finger as the 0 and the 1 are at opposite ends of the keyboard.

And in this day and age who still sends out printed invitations, so as to facilitate autographs being obtained upon the same.

And more to the point, autographs of whom, it’s hardly like they were celebrities in the public domain sense of the word, so anyone dorky enough requesting autographs of non celebs would be creepy in the extreme, don’t you think.

Fess up, it’s just a Walter Mittyesque type of a party, isn’t it.

To paraphrase ............ simples.

nigoil, let me get this straight, at 06:50 you posted that the party had just finished, at 02:34am their time.

You are not wrong that it must have been some party, as Houston is 6 hours time difference from GMT, so for you to know at 06:50 UK time that the party had finished at 02:34 their time then you must have known when the party was going to finish 2 hours before it finished (allegedly).

A cracking party, with time travel thrown in as well ....... yup, that sure must have been some party.

The problem people considering investing in our neighbour to the North is that that companies utilisation of apparent artistic license when drafting graphics to promote the potential for our Haverion find to be heading in the direction of their license.

As can be clearly witnessed from the link that PG put up https://stockhead.com.au/resources/gold-next-quarter-artemis-will-be-drilling-for-its-very-own-havieron/
that in our Haverion model the Haverion fault direction traverses through our Haverion license in a West North West heading.
However, it is apparent from our neighbours graphic that they had a slip of the pen, and their perception of the Haverion fault heading is now in a North North West direction.

I suppose what potential investors in our neighbour should ask themselves are:
1) Who is more likely to have the greater knowledge of the fault line heading, those whose license the fault has been “proven” to traverse through and whose license name the fault has been named after, or those who have no direct knowledge of the perceived fault heading and merely live in hope that the heading leads to it traversing into their license.
2) Were the fault heading indeed to be in the direction promoted by the company through the license that it was identified in and after which the fault has been named, then a rough rule of thumb process when viewing the graphics would indicate that the fault may not traverse through the neighbours license at all (other than perhaps clipping the very boundary of that license, if they are even that lucky).
3) Would it benefit the neighbouring license holder to Haverion to have had a slip of the pen when generating their graphic, altering the heading direction of the fault so that it now traversed into their license, even though that was contrary to the heading of the fault from the Haverion license holder who clearly has greater knowledge of the fault gained through experience ?

All IMHO you understand.

stocksbof52, “ If they have order for 24000 tests then at £5 =£1.2mill,”

Think you may need new batteries in your calculator.

24,000 tests at £5 does not equal £1,200,000, it only equals £120,000.

Given that it is a Tesla facility it is unlikely to be irony ........... more likely to be lithiumy or cobalty.

“decamp” not “decamp” .......... bloody autocorrect

“the patents are owned by Valirx”, are they ?

The only thing being owned here is you.

If you want to attempt a decamp it is best to ensure that you cannot be readily shown to be a Billy Bullsh*tter.

And you clearly were unable to even pass that first hurdle.

For example, and just taking the time to research one of numerous patents, you will see from the attached that the patent applicant was Cancer Research Technology Ltd, which is an arm of CRUK.

http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10400008.PN.&OS=PN/10400008&RS=PN/10400008

So, not in any way owned by either Valirx, GM, or SV.

You children really do need to raise your game, otherwise your lack of acumen will have you acting like mackerel in a tank of sharks ........... gobbled up for breakfast, and sh*t out by teatime.

IMHO obviously.

Surely all you have to do is look at the annual accounts as they should be detailed on there, and then add on any warrants that have been RNS’d since then.

IMHO

Are those statements factually correct ?

My reading of the RNS’s is somewhat different.

Let us look at most of those statements on a case by case basis.

• 33.34% drilling exploration costs paid by signed partner.
My reading of the RNS is not that the drilling contractor (I am assuming that is who you are referring to, given that you utilised 33.34%) will be (as you have alluded to) picking up the costs for 33.34% of the drilling, but are in point of fact receiving 66.66% of their payment to drill these holes in cash, and will then receive the remaining balance (33.34%) of the costs for which they are entitled to by means of Cobra issuing them shares.

• Wudinna Gold Project (licensed) 75% owned by Cobra which holds 211,000 oz of gold.
My reading of the RNS’s indicates that currently Cobra do not own 75%, but currently merely have the potential to obtain up to 75%, subject to previously having completed a number of phases and met their commitments.
Currently, phase 1 has not even been completed, and even upon completion only gives Cobra 50%, and to obtain the remaining 25% they must also meet their commitments to complete a number of other phases.
So, being that phase 1 hasn’t even been completed yet, and 50% will not be obtained until the completion of the phase, in essence Cobra do not currently have any ownership on the license either, but merely have the option to.

• 211,000 oz of gold x current gold prices = £256m. 75% = £192m
The 211,000oz that you make reference to are currently merely an aggregate of the “indicated” and “inferred” resource, and zero of that 211,000oz is in the “measured” grade of a resource estimate.
As such, the current in ground valuation, if indeed anyone was interested in buying it, would be very small.
The figure you are quoting is the potential revenue figure over the life of the mine, and not the potential profit to Cobra.
And with regards to the 75%, as detailed above, that is the current maximum exposure to the license that could be obtained by Cobra, but as even phase 1 has not been completed then the current percentage attributable to Cobra is 0%.

But I don’t expect anyone to accept the above as fact, it is merely IMHO from reading the RNS’s, and I may have read them incorrectly.
What I would suggest however is that anyone interested in investing in Cobra first reviews the RNS’s themselves, rather than just accept some headline data placed on BB’s by other posters.

Apologies Bankfool, I intended “Bankfool”, but bloody autocorrect changed it without me noticing it when I typed it.

Bank fool, thank you for the steer there.

As I had anticipated, the BoD cannot liquidate the company without the approval of 75% of the shareholders.

So no chance of them achieving anything on the sly, with regards to dissolving the company against their shareholders will.

Additionally, the liquidator will perform a forensic review of the accounts, so were any dubious accounting practices, which may not necessarily be illegal/fraudulent as it would also encompass anything that was conducted that wasn’t in the shareholders best interests, then those practices, were there any, would be unearthed.

And that would carry a potential penalty of them being unable to secure future directorships for a period of between 2 and 15 years, and were the practices be identified that were not in the shareholders best interests that may open them up for criminal proceedings, were of course such practices to have been identified.

Note. I am in no way intimating that any such devious and despicable practices having occurred, I am merely pointing out what the potential ramifications may be had indeed such practices occurred.

IMHO

I may be wrong here, but might be something worth consideration.

I think creditors may be able to challenge a company from not necessarily be put into administration, but may be able to challenge the basis of a company from being dissolved once put into administration with the administrators once it is there.

Like I said, way too far out of my depth here to be confident, but may be something worth raising with any qualified legal friends anyone may have out there.

IMHO

Has the UT been announced yet ?

If not, then that may be your answer.

IMHO

Would it be giving my age away to state that I still have a copy of that track on a 45.

censoring the posts.

For individual posts (not threads) to be deleted so quickly, there is a concerted attempt to prevent news getting out.

IMHO

Now it seems that my posts are disappearing (through dubious reporting of posts ?)

The following is my post that has disappeared regarding scooby’s post also disappearing.

“ I could swear blind that I saw a post from scooby doo stating that they hadn’t even budgeted for the 201 trial report, and they didn’t have enough money to pay for it.

And within 30 seconds the post has disappeared.

Seems to be some nefarious post reporting going on in double quick time.

IMHO”

A number of posts, negative towards the company, are getting deleted in double quick time.

Advise all to copy and paste any posts into a word document.

Was that you bailing out at 0.00042p there ?