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They need to change their allocated MM.
The spread is killing any healthy volume.
Nobody will sell (except those gifted via salary / contract)
Nobody can trade
In the depression of price and mind, I've hidden away and lost track on what we are doing.
Are we currently drilling? Has the drill touched the ground and how deep / est time to completion?
Fortunately I've lost my bank card so can't buy more.
Thanks
Don't understand the rise.
Without local support ( how did that happen ) and at best going against that local support seems like trouble to me trying to expand on the one hole. As for other areas - they are still discovery wells, gonna need a lot more dilution before getting near production.
Holding for now - all the best to those sticking it out.
Positive being - there are definitely big holes and the fluid disappeared
What we would expect is - there was total fluid loss. We treated with xyz pellets and reduced losses to acceptable levels.
At the moment we know that this hole requires more expensive fluid treatment or terminating at a higher depth. Then another horizontal drill.
Imo - I have no clue about drilling.
Interesting if this is standard practice.
Could you point at a a few total fluid loss projects ( small scale that we are on ) that came online quicker than expected.
So far all I can find are studies of treatments for fluid losses. Total being the worst kind and most expensive to a drill project.
Sarah, why are you flipping over to ramping this share.
A delist wouldn’t happen for a long while yet and all here would unfortunately be out by then. There is only so much profit you can ignore.
Dream on with your recovery strategy. Don’t tell me you lost out with MATD (Mongolia)
Monday does seem to be their favorite day.
Do you mean that you were thinking that I’m somehow onsite or in contact and thought compelled to tell my buddies on some share trading forum? imo it’s based on historical fact. But that’s just imo. Who cares about TD, that is not what makes the money and it’s not RNS worthy on its own.
Only those in the company would know.
Beyond getting down the existing hole, the drilling is no more than 650m, unless they go horizontal. That is days, not weeks.
Nobody seems to have any technical info. It’s Baker Hughes isn’t it? They have some sophisticated kit.
IMO. Td already done, now moving onto testing.
They won’t RNS on TD, they may mention as part of another RNS being required.
Great to have a video, more please.
Beyond insanely slow organic growth, the wording being used implies that the drill results are going to secure the funding.
So one may expect drill results + finance news in close proximity.
But I'm now in the mind of a JV, as opposed to a loan.
Any views?
MMs don't hold stock, just play the gap.
Every buy is a sell. so who is selling into the new buyers and for how long would be the question. Generally its been stalemate as people waiting for their breakeven.
- I would expect employees as you shouldn't play high risk with your income. Good for them.
Regardless, holding up so we are hopefully establishing a new base. Great volume.
Nobody knows the details
- depth hasn't been published for some reason, I'm assuming 600m additional drilling - but at what initial depth
- I think there was a mention of directional drilling, so maybe give them 2 weeks.
- is it logging as you go, unlikely, so add some more for lining, cleaning, logging etc
Based on previous, I've pencilled Oct 20th to get solid result, maybe longer as they need this spot on to secure funding.
They will want to know avg flow, quality, water content etc etc before following their previous mistake.
…Up 18%…self funded
Maybe another rise tomorrow as Labor Day bank holiday weekend
37 posts and just moaning and calling to sell
Either add value or say your shorting ( no harm in trading )
It’s getting really boring, jog on.
Can you tell what is by September
Is that
Materials on site
Drill hits ground
Drilling finished
Testing finished
Connected and producing
?
Lets say you give away half your salary for shares ( I certainly couldn't, unless I was overpaid initially )
When the share price goes slightly up, do you
a) hold for greater gains - as your an investor
b) sell into the rise, stopping the rise in its tracks
Oh, and as this company is traded solely by private investors - who is losing out?
We are stuck at 1.5p, maybe a blip to 2p on low volume.
Any significant rise has to wait until all the shares for cash are flushed out. Which is a long wait.
IMO - But I'm waiting patiently and happy to do so.
ROI being the missing element...define 'successful' in exact dollars
Preferably being profit to either fund debt for immediate start or we wait an undetermined amount of time for coffers to fill up to proceed with next stage.
We are in a 'better' place for now, but a little stuck between dilution v organic growth.
That is a lot of selling out the way.
Only employees to contend with now.
Hopefully start to rise in steady increments.
So your lower limit is 1.2M, I was at 1.7 based on the industry not just country. They can’t be far off.
That is the employee.
Not including company taxes, expenses relating to employees and business functions.
Bonuses ( oh we just saw that one ) !
I think you just dropped your own penny.