Member Info for Jackal5

Not replying to negative titled posts, not good for bb and what derampers want. Change the subject or post something new.

All positive from what I'm reading, was there another RNS, haha. Drilling complete by end of September, all good.

DM and crew are not leaving until they have got their discovery. That's the long and short of it.

MMs playing a blinder! Only the brave!

With news probably in the next two weeks possibly by the end of this week, be interesting to see how this plays out. At some point this will be pushing north again above 20p.

People on here seem to forget this is the AIM stock market!

I think some of the Monday predictions at 32p etc are ridiculous however...

There could be an update by this time next week, we saw it last time.

I think DM remains confident and will continue to be so and update as and when new information is known. I believe this as this has been 5 years in the making and these guys are not fresh out the water. The plan remains the same, make it happen!

I think they firmly believe it's there for the taking it's simply finding a way to make it happen, which they will.

Complete over reaction to failed drill, as the data will and probably is proving invaluable at Tai 2. So hopefully lessons learnt by all.

I don't think 25p is unrealistic by Friday next week without news, who knows with a positive update.

Based on previous drill, could be one week until some early results.

Then maybe another 3 weeks if they decide to dig a bit deeper.

Or subject to no issues encountered!

Rattleknackers, DM will know the reason why they've only gone 20m. Some quick wins coming I feel.

More positive news. Shaping up well.

Clearly confident if only moving 20m!

Nice to see some sentiment returning which was always going to be the case. As many have pointed out, very little downside, only see positive news arriving.

About 50% of shares are not in public hands, so explains why this moves so fast.

Lots to look forward to here including a lot of value yet to be realised.

If you go back to the June RNS, DM stated this:
"We are very excited to have commenced exploration drilling, continuing the advancement of the world-class Rukwa project. The exploration programme is the culmination of five years of dedicated work with three holes testing three different styles of trap. Each well will take roughly one month to complete with lessons learnt from the first well applied to refine and de-risk drilling of subsequent wells."

Plan was always 3-4 drills with lessons learnt each time. One month per drill. First one has taken a month longer due to issues encountered, but still on course and plenty of time to keep going.

You can bet there will be an RNS before too long as they've always stated their exploration was to be aggressive. This was also supported at the last subscription.

They've been a bit unlucky so far, however, these guys know what they're doing and will know how to move things forward for best opportunity of success and value for shareholders.

DM mentions the lack of supply in June and July so guessing this was recorded within the last two weeks.

I think the RNS yesterday has been misinterpreted by many or there was a lack of understanding and maybe some clarity from the company what this well was to achieve.
To me the RNS is generally positive, could have been better granted, but the team are taking plenty from it. They know what's there from 5 years of research and review. It's just understanding how to develop what they have, Tai 1 will hopefully have helped on that journey.

That was an interesting interview. Talking about other producers going off-line and the shortage. Clearly no concerns from DM given it was only last Friday and full steam ahead.

Bit of resistance now as some will sell on way back up. Still massive interest here as potential remains and in some ways reading the reports, more confident than ever of something special unfolding.

There will be an RNS, telling us drilling is back on, what the plan is and all will look rosy again. Don't get suckered into selling at a big loss as so much more to come here.