Member Info for kr1988

Yes just read that RNS that share likes a good spike so Mischief if your still in you'll have a good day!

Zephr yeah saw that news too but yes it seems like its going a little under the radar people haven't picked up on it so I suspect the share will pull back. They haven't confirmed that the insurance will pay for the well so always a risk that a placing could drop.....

Like wise that be incredible the rerate would be unreal lol TBH the company is very leaky so you'll see the big increases or drops before the news is RNS'd so you just have to act fast if its bad news if you want to jump ship.

No one has really talked about it mischief, it’s very much around chance of successes. I’d take 250 a day from the side track but tbh I’ll prob be mostly sold up before results as it’s too much of a gamble.

He1 took a while to churn through the shares, the volume hasn’t really been their so far but once comms increases is rig is mobalised etc shoud see the volumes start to pick up and the sp rise.

Bce been watching that closly as I’m all in their right now, it appears that buys are coming through above placing levels which is good now. When I did a dummy sell earlier I got just under 0.50 to sell so hopefully the spread will close up soon and we might see a tick up. I’ll be gutted if this doesn’t double before spud. Very confident on this as like two saud it’s way over sold. Quite often this share moves quickly too so cooks do with a nice 20% rise tomoz lol

Dai doesn't a pipeline run down the Dalton Highway?

Ah right so seems a proven technology, just whack a pipe in the lake and away we go save all this drilling costs lol

Pp your right abd I think that’s the difference between oil and gas and commodities. Mines cost millons where as oil and gas can be put into production for a lot lower rate so makes it easier to get online. Quite often they are oil fields near to existing processing facilities.

88e has that dalton highway which has pipes running along side it so easy to transport the oil

I know 50/50 is risky ut for me I hope to make a profit from here and sell a big stake pre results and maye leavea little for results.

On aim its very rare to make money on results its usually done during the build up so if this falls flat never mind ill be long gone (being honest). If it does well then great for those who held but I've been burned before so don't gamble results. He1 2 years back Adv1 2 years back too, make money in the build up then get out is my strategy.

Looks like that person made a loss lol Maybe doing their bit to keep the SP up by hoovering up shares before releasing them again? Not sure why they would trade intraday at a loss?

Where's that picture from?

I'm a trader and I have 100% confidence that this SP will move up before results drop, will it reach 600 bpd......... not sure on that but I have confidence that their is money to be made in the short term by trading this share.

Here I think getting commercial oil could be 50/50, they have 50 bpd already but hope this side track which is only very small will fix the issue and allow the stuff to flow out. We only need 150 for commercial so 3 times what they had before seems fairly achievable.

Saw the update, it feels the excitement from a few weeks back has gone now. It feels the traders have moved on so stops the big swings in price.

Doesnt lake Rukwa have helium bubbles? Maybe they will put a hose into the lake and filter out the helium from here?

Seems an obvious solution to save millons.....

The board on HE1 shot it down, but i more than certain it was linked to HE1, it matches them exactly with the fact Mike liked it too......

I agree Dai, let the SP build up in excite do the raise and if the insurance pays out bank the cash for the next drill.

Not really, some hint but never say out right we need funding through raises. I think Amigo loans did that but they were up a creek without a paddle.

If Lorna had of kept quite we would of raised at over a penny instead it raised at 0.20 and destroyed everyone.

No I agree legal with you, they shafted the lth's before so have no issues doing it again.

Ill be holding off until funding is sorted or something excites me about the share but right now its in free fall and no one knows how low it will go due to the placing fear.

Well this is it, I think whats happening is that they will pay for the next drill and claim the costs sack however in this case you have to pay up front. the SP is down 7% so the market dont seem to like the update.

HE1 Im watching this as if it goes too low it could do a crazy multi bag like before, whilst not good for the holders if this drops too much their is a chance this could multipage massively.

Gotta watch the fundraise however the latest raise seems to of covered the long lead item but paying for the crew etc will be expensive so expect another raise at some point. Their not afraid to destroy the SP for the companies benefit so I dont want to be anywhere near that when they raise.