Member Info for kr1988

The SP seems to be on a down trend right now, im surprised the market didnt react better to the tweet, looks like the SP is down a % or two. Really good to see the company giving regular comms.

No dont blame you, its prob built up and now it will drift off until the news drops. It really depends how important the mine is to the country. With this new government coming in I can see it hanging on until the new year now however it coulfd drop at any time.

Im suie it will be leaked liked normal the day before as Ghanas quite big on Social Media.

It was incredible I watched the video, just seems such a waste of money to try and reinvent the wheel why not team up with NASA and actually help mankind not just do it for some vanity purposes.

With Elon and NASA working together they could improve the space ships in place and drive forward space exploration but Elon just wants to send rich people into space for profits.

Yeah but its on a bit of a spik so they did well to get what they did really.

Oh that’s good, hex and gex both shot up on placing so maybe a chance for a quick trade.

And the placing drops lol

What where the answers dai to the key questions I can’t watch the video again lol

Prem has been hit hard recently I guess it was due a rerate at some point. The issue is this share is very near the edge, the next rns could be boom or bust

Another one that rerated over a few days deffo another one to add to the missed list!

The investor presentation the other month said that it still costs 1.5 to drill a well and 4 to drill and bring into production so compared wit some companies quite cheap.

Provided they get a good bpd from Heron 1 and 2 I cant see them raising tbh, say they make 1.5 million profit in Nov and Dec that gives you 3 million plus say Jan, Feb and March that gives 7.5 million by the end of March to cover quite a few drills. I suspect they wont drill until the summer like this year so that gives you another 4.5 million to invest.

I dont know the numbers so the above is guess work but I wouldnt expect them to raise unless like Horult said they go really aggressive and do say 10 wells in a short period.

They should be high already as Silvers been on a run recently.

Prems one of those that can pump for no reason, lets see if news drops on Monday.....

Silver is a big step forward however its more expensive than lithium so doesnt really help to bring the costs down. 600 miles on a charge howver is incredible and may get more people to move who have range anxiety.

If I remember correctly the first well didn’t go to plan due to the high gas pressure so if they can control it they will have a fantastic resource on hand and I agree dai I tgink this could be a big play in the winter as 88e arnt drilling so it’s a case of getting in here at the right price and waiting for it to rise

Legal the issue with flow testing is thsat its done over short periods so it could come out quickly but if left for a few days could drop as the pressure drops.

Dai pointed out it reached a peak of over 800 bpd but averaged 200 thats very different numbers between average and peak. Ive seen where before a well was a success hoewver then had to come to the market to say they had hit a small zone theirfore production was actually dropping quickly.

They are now adding the Hydrolic stimulation as Dai points out so not sure how much extra that will give the well but should be quite a boost.

Yeah its strange they didnt play it safe but I suspect they wanted to do the wildcat so that id it was a success it would give the government the faith that they can fill the oil refinery. If they can get 10 wells on that will be transfgormational for this small company. I really hope they do go that hard core next year.

Up another 6%..... thats really the one that got away!

Do you think they would go that hard core and do 10 wells Horult? Be great if they could and would be transfromational but that just seems alot.

I think Heron 3 is further down than Heron 2 but if they get the geology right for two they should be able to get it right for number 3 and so on.

Looks like Zeph now has the funding in place to drill in December or early next year. Gonna be a side track to hit the Jack pot. Sp looks low so deffo one to watch in the coming weeks.