The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
B1
Well was only flowed for a short amount of time and a poor rate. Only thing that makes it viable is the current market price of Helium. The well might be rendered uncomercial if the price of Helium was to drop (the price will fluctuate as more Helium eventually comes on the market and replacements are found)
She highlighted what I was saying yesterday about using various means and methods to stimulate the well. So I'd expect them to achieve a higher flow
I don't say things for shxts and giggles, I'm a veteran rig pig with nearly 20 years in the game. Grade of oil/concentration of gas + flow = your 2 most important elements needed for commerciality. Reserve estimation/size is proved up with development drilling
Absolutely baffling why she didn't just divulge the average flow instead of only divulging the min...they're really shxt at comms, strategy makes no sense
Flat
I had no hesitation cashing in a handsome profit and I'll have no hesitation buying back in with a larger holding in a few months time after the placing
Rampers on here telling investors to hold and preaching about 'patience' whilst simultaneously frantically urging non investors to buy as quickly as possible, really are hilarious
I'll wait as patiently as the holders to buy back in ...its a no brainer
It's not going to do much for the SP, but all the emphasis is on the EWT in summer. Once the placing is out the way and the well test package operating the SP will bulldoze North, as the play is already very much derisked by then
Patience is required on both sides = hold of you can afford to and take your time buying back in after the placing. Come after summer we'll all be millionaires!!
Noble have bombarded the market with ultra positive reserve estimates and it has sweet FA impact on the SP. There is nothing unique about it. They drilled a hole and found helium and Hydrogen, like many drillers before them
Cute 3d models don't send SP's into Orbit buddy. Only thing that does is a confirmation of discovery, which we won't get for 4-5 months, all going well . BIG dilution between now and then to take into consideration champ
BASIL, BASIL, BASIL, there you being daft again. Regardless of the potential, only an absolute moron would buy in before a massive dilution. Especially when the cab just waiting and buy I at half the price
Honestly, just give it a rest. The day of rampers is over, go take a break
BASIL
Instead of cut n pasting stuff we already know, why don't you go and research the estimated cost of such a plant abd whether or not our concentration of hydrogen is enough to justify such a cost. As CAPEX n COPEX will be higher than a standard production plant
I'm not being funny, as I'm genuinely interested. I did run it by a work colleague/chemist offshore and he said the cost outweighs the return in most cases, as the yield is reduced as well as quality. So the higher the concentration the more financially feasible it is
Cheers