Member Info for kr1988

Looking at the charts, the SP peaked the day the spud was complete it reached 5.75 pence.

The SP started at 2.7 on the 15th March which is just after the rig contract was announce. They reached TD on 6th June when it reached 5.75, when the flow testing results came in it was 4.2 so thats a drop of 1.5 pence or 27% from peak so we have to watch whe the peak is reached.

TD last year......

I see what you mean, once confirmation that they have spuded and its successful you have 4 weeks their where they flow test where it may pull back. We could sell then and buy back in nearer the end for a few fomo fridays. Might only get a 10% trade but not bad after the initial profit.

Very random prob set up to drive up the transation numbers

It looks very positive but their again last year BCE was a sure thing. Sadly that ended up being a duster.... HE1, ADV before these too.

Its all down to risk management, I understand if they nail this well it opens up the rest of the paradox basin but ive been burned with results before.

Ive gambled before and got wrapped up in the fomo so im trying to play safer (I didnt buy in here until finance was signed) I want a safe nice return so Ill take 30% everytime now.

Im not sure, they have confirmed today that they have reached TD and are moving onto their second well.

Maybe is the helium market getting a little over saturated?

Deffo a good update, just looked at the SP almost back to the lows of a month or so again. Looks like the worst is behind it and if it can deliver on this contract others should start to follow so maybe tm1 has turned a corner

What I’ve found is the day that spud occurs you end up in the red and we will see small boosts as the process continues. It will prob rerate the most the Friday before results are due.

I’d be happy with 4 pence for when drilling is complete, really not sure we’re gona get much more than that until the flow results are about to drop.

I maybe wrong but I’ll be happy coming away at 4 pence, from buying in just under 3 that’s a 30% gain in a few months.

I see a real resemblance to queenie deffo dai

We could do with the volume picking up really to help push the sp up further

Legal matd said it would cost 1.5 mil to drill in Mongolia. So if it’s just deepening of a well less than a mil might be possible.

Not sure why the likes of he1 need to charge 5 plus mil a drill…

I bet that Santa guy has now brought in so goiong from chief deramper to chief ramper lol

True Dai its alwats hard to judge who had it harder so to speak but yeah its not been as cold this winter thankfully. I thouht the plan was to buy cheap gas in the summer store it then take it ou in the winter is that not what they do?

They must of had one somewhere to be able to drill in December but I dont understand the extra resource, drill and if its good news go after a larger area. They dont need to worry about the wider area today.

MFAI now down 30% Tower now 10% both have under welmed after initial high expections

Oh yeah I remember that Friday I almost went all in as the fomo was flying thankfully I didnt invest more lol Some guy said the electric pump was getting fitted then it turned out to be non commercial

Dai we talk about these poor pensioners but surly they all had access to final salary pensions so if they choose not to opt in then its their fault. I suspect pensioners in 30 years time will be way worse off than those right now.....

I do appriciate some didnt have access to the final salary pensiomns but 30 years ago these were common place no?

Legal your right sometimes you just have to take a hit and walk, never nice but this seems a long delay not just a few weeks. These delays could cause the rig not being available etc so who knows when they will spud.

Deffo a good one to trade as once it does drill the SP will be so compressed that it will pop back up but right jow its going down so not worth stepping back in until the sign off is granted or least submitted.

Dai BCE was a surething lol Its got its risks as they may miss the oil again so I deffo won be staying for results lol Hopefully howver at each stage we might see the odd move up and a few fomo Fridays.

Gold not sure on them trades prob someone using a free app, I never understand them small buys lol

GB not sure on them trades, you see them ocasuonakly

Its now dropped to 15% down how random on such good news.

Maybe it will recover in the coming weeks, its market cap is half its assests.

That 15 mil is to drill the hole am I not correct?

Or give the bod plenty of years worth of payrises!