Member Info for kr1988

Buy two one for spares lol

How much wouid a new rig cost? They seem to be rented out for millions and they are in short supply so seems a good idea to buy a few and just rent them out

Was it a dodgey rig will it cope with the rest of these drill programme? Then legal can jump with I think another placing will be required to cover the costs of the repairs lol

Lol yeah maybe one of us should post that maybe a part is stuck on the hole and their gonna have to drill everywhere else lol

Thank you for that your looking circa a month then so we can expect results circa 27th oct give or take a bit

It’s true I remember the 88e rig broke down on the way to site so blocked the road for a few days lol

Two years ago he1 had to side track due to a part getting stuck I think drilling 1100 meters is actually quite difficult and like tro said going from zero use to 24 7 use under harsh conditions dm things are gonna break. Hopefully it’s a quick fix and starts off again.

I know you like a conspiracy theory dai, what if the rig went down the night before but they got it working and the crew told all their mates to say it’s gonna go down next few days which made that 10% drop?

If investing was east everyone would do it lol a placing or delay can be good as it’s a buying oppertunity it’s just not good when your invested lol

Evening,

How long are the current tests meant to take, just reading through the rns I can’t see any times lines and it’s been just over a week since they started so wanted to know when the results are due to be announced.

Thank you

I brought in yesterday after giving up on he1. I’m hoping I can double my money and be out pre results. I got gready earlier this year and sold out After the spike I’d rather sell into it this time so I’ll be happy with 0.70. If it can get highs than this great for everyone else but I’ll take a big chunk off the table at that level to lock in my profits

With the sp as it is a duster wouid kill this share for lths imagine raising at 1-2 pence I doubt it wouid raise much more than 2 pence a share…

I heard the interview yesterday they were cagey about what’s wrong might be that they don’t know so have ordered a few parts….

I prefer chocolate cake to yellow cake….

Yeah one to watch for when they announce the rig.

Have any companies confirmed their rigs for next year yet? I think that’s about the right time to buy in for the nice pre spud build up

One of you mentioned frg about a month back have them on my watchlist but right now the sp is slowly pulling back.

Not sure I think we will know more by mid next week do people jump out or do they stick and hold. I do think your 4 pence buy was a good price. With Lorna it will be surprise! we are drilling again but if it goes over two weeks we may see a angry board especially as the rainy seasons coming in.

I still think we will be fine however just be tight getting the rig to the holding site.

Noble might drop news too.... Will they take as long to drill as it sounds like their BOP is already done so when they start drilling they might go down within a day or two?

The board are fobbing off the rainy season and it wont affect drilling but its the rig it cant be transported through the heavy mud so has to be stored somewhere its safe for the winter.

Full of traders one to watch but not go crazy as you might catch the bottom or you might get in just as everyone else is selling

Bce also a good one shout the bottom when you see it tro

Good shouts I actually put a bit in 88e when I sold he1 after it spiked last week. As you mentioned panrs testing right now could affect them so I thought I’d get in early incase the share takes off and I’m not in. How much will it rise… it made 3 pence the other year but only 0.8 in March so if I can double my money and sell at 0.7 I’ll be happy and won’t get greedy this time.

Matd I think will massively rerate on good news but that could take along time so prob better to sit on the side and ride a small wave when it finally gets approved again coukd easily multibag so getting in on day one at say a 40% premium should still deliver good results for us.

Zypher again like dai says a good one I think the insurance will cover it based on the interview just depends when they spud will that cause it to fall back if they have to wait say 6 months for rig availability

It’s not fair everyone knowing before the pi. This is why we usually loose.

The ultra rich have companies throwing themselves at them offering them excellent deals that an average pi wouid love.

I find a few shares seem to do well on Friday, we might get an update if pred get their testing device on Monday and maybe panr will confirm the results of their current testing so we might see a little increase on Thursday/ Friday.

Well in, it recovered more than I expected it to but we will see what it will do in the next few days.