Member Info for JohnHenry

De Risks the whole basin, CPR numbers are gonna grow massively.

Keih Oz thats one well

Strong buying into close and asking full offer for size bodes well for a good day tomorrow

Just when you think the placing churn maybe competed bang more get dumped

Was a sell

Calm down Tiger your bleating rubbish.

Simply a seller being cleared and an oversold technical position

Buyers hae been waiting for signs of a change in trend looks like we have it

i called the bottom a few days again based on technicals

900k in buys 14M in sells since the US opened looks like their dumping from across the pond

Since the US opened

Volume since the placing around 2 Billion shares

In correct on the 27th of August alone 589,000,000 shares were traded

No idea Fred but you normally need 4/5X the placing shares to clear so that around 2.5-3 B volume

Surely 5085 your not that thick.

Info was put out together to give the SP some protection and stability.

absolutely the correct way when you have two substantial RNSs to deliver.

They wont be raising funds for development until they receive the ML

The company raised funds at 6p prior to TIA C drill MKT Cap £56M

Now the company is on the verge of a huge Helium comercial discovery MKT Cap £72M

The Company has successfully re-entered and deepened the ITW-1 well a further 168m into the fractured Basement and has reached a new TD of 1129m MD. The existing hole conditions were very good and enabled the wellbore re-entry beneath the 9⅝" shoe, and subsequent deepening into the Basement, to occur efficiently.

Whilst deepening the well, near-continuous helium and hydrogen shows were encountered whilst drilling. The frequency of these shows continued to TD and were notably higher than those which were encountered whilst drilling the overburden section during Phase II.

Imho if and when they announce a commercial find.

Institutions /Cornerstone investors may want to come aboard.

Placings will no longer be controlled and dictated by Bucket shops and flippers.

Think about it Broomtree buying in at 1.3p, any raise is gonna be done after the EWT and ML submission

After a positive EWT the company will be raising from a position of strength and likely to be well above the recent 1.1p

Also the company wont be needing to raise a great deal of funds imho just working capital as they negotiate a JV offtake aggreement. There is also the Bonus of US drilling and revenues next year.

IMho buying in around 1.3p is no brainer with very little downside risk

And 12 months later with the CSO position pretty much redundant hes promoted to CEO.

Like you said earlier Stephen it all smells like an old boys club.

Question for you Stephen why wasnt Miele given the CEO position when Budd left.

He was bypassed and heyho he was then promoted to the BOD

Good luck to him as hes done SFA in his 10 years at GDR.