Member Info for highlandmatt

Everyone must cut their cloth according to their means. One man's small punt may be too much for some to risk. We are all shareholders, regardless of percentage.

Accountable for what? The plan seems to be progressing. If you are concerned about timescales, most projects slip.

It's not for me to action. However, if you think the Chairman and defacto CEO is not honest, I suggest you sell.

That's a pretty strong statement in writing.

If you have invested in exploration expecting to see high fully risked numbers pretesting, then you are not understanding the game.

Porters, you know they've been trying to organise that for at least the last 6 months, right? Bureaucracy and logistics have not been aligning.

Bold, you are reading it wrong. See also page 36.

Why go to the cost of commissioning a document to officially increase the gcos? It doesn't improve the actual cos, and as we are fully funded, we don't need to 'big up' or promote. In fact, some have suggested PG is deliberately slow playing his hand.

Things will happen when they happen. We've only just been granted the permit.

Nope, it's just bolting together the bits that are already separately proven. That's engineering. The science bit is proving Ciz1b is the indicator. Making it faster and smaller are refinements.

No, you mean the commercial test device is not yet proven.

The science is proven, the route to market is known. However, these take time.

Better that than Helium One who publicly stated they needed funding and caused they share price to crash.

Who is to say that the TRIN SP wouldn't be twice what is now in 6 months time, and require just as much dilution at that point?

I feel PG is in an unenviable position. Folks ask for confirmation of licence paperwork, which is provided, and folks just move on to wanting the next piece of news immediately. The conversations with Sandjet must be frustrating for both parties - 'how's your availability?' 'we have a gap here'; 'great, can we book it in?'; 'can you pay a non-refundable deposit'? 'no, we don't have clearance yet'.

I've lost count of the number of projects I have managed that have missed the planned milestones as approvals haven't been given when expected or key contractor resources haven't been available as they are working on another project.

Https://www.lse.co.uk/rns/q1-2024-operational-update-1l0aa1srgo2so7m.html

TRIN producing 2,500 bopd, $8.6m cash, $4m overdraft, $5m VAT reclaim. Not terrible for $26m.

Well that's a joker.

There isn't an RTO on the table.... that's just the hope of the BOD

No surprises. Confirmation that the French connection is an addition to, not replacement for, previous assays.

https://*************************/status/1785237454934639087?t=y9knhi4kegircmd5vvxcdq&s=19

seems to work