Member Info for kr1988

Lol have you seen the Panr board tonight might be a better investment getting in their tomoz!

PANR had a good day today, they have a presentation tonight to discuss their plans for the up coming drills, apparently the rig is due to mobilise late September so the SP might take off tomorrow.

Dont Horult I feel sick lol I was brave and made the jump just gotta hope loads off load tomorrow morning for 10% profit lol I have to get in later tomorrow as I have my money on an rns Monday so cant sit on the side-lines all weekend lol

I suspect Legal's back in as the share is rebounding or may wait until after all the placed shares enter the market tomorrow.....

Just sold at 6.72 lets see if it pulls back tomorrow......

I cant see an RNS dropping so ill buy back in some point tomorrow hopefully it pulls back lol

No I fully agree we are here to make as much as possible. The placing shares didn't think about that...... Will it drop or not....... Could get out tonight and buy back tomoz but it might go up also.........

Have you dipped back in at this low price or do you think its reached its peak for this year?

Now the placing has been held we just have to unify and hope to pull in more investors to drive the price up. We should all be on the same page as things dividing me and you Legal was the rampers saying the placing cant/ wont happen but now its happened ive tried to repair my relations with the older members of the board as we will be the ones here in 3 months time when the rampers have gone. Some statements made are intentially designed to manipulate/ pull the wool over our eyes but you just have to take what they say with a pinch of salt and hope we make lots on this share lol

Oh yeah if you question anything the rampers get you lol

Welcome to the club me and Legal are public enemy number 1 lol I reply sometimes and don't get many responses I suspect alot blocked me in the end all because I agreed that a raise could happen pre spud......

I've learned only post positive stuff, even me posting the noble update this morning drew a bit of criticism from someone asking how we know the long lead items were on the boat.

See how its communicated can make a huge difference to my investing plan, if they do wire line logs and say yes we have gas and the lab says we have helium and then we will come back next year to say if its commercial Ill more likely to hold as they had helium shows last time and stay until mid drill 2 the sp should be very high at this point as well 1 was a success so we can ride the wave here. The commercial part is the most vitial which is where most explorations go wrong, they hit gas or oil but its not enough to make it commercial.

I don't really understand the appraisal process.

So currently their is a helium company about to drill (HE1 incase your not aware of them lol)

We drill for 2 weeks a week of wireline logging and then 1 week for lab results. At this point is it fully apprised or do they have to do other things to say yes its commercial? The board are talking about apprising it but I don't understand what that means in real terms....

We need that to go red lol I'm not in yet so need it to stay down for a few more weeks lol

Coco your logic seems fair, it makes sense to get one well production ready than to have two wells not fully tested as it creates incertancy. Am I right in saying they dril for two weeks then wireline log and then the lab does its bit but does that not confirm the commercial discovery is their more tests to say yes we can take this to commercial production ? I know with gas they burn loads to get the flow rate?

Didn’t Lorna say the wells are being designed for appraisal wells so not much more will neee to be done to them to make them commercial?

This is exactly what we need for the business, stuff like that "derisked" will entice people in really good tweet, not too rampy but more positive slant to the tweet.

100% agree, I'm hoping to reach 10 pence still not great but felt that's where it reached before and could of got out then so be nice to get that high again. Least its doing well today, the fomo could kick in if we have a few blue days and its Friday tomorrow so I think people will pile in expecting an RNS on Monday.

We just need a few good days to draw in the herd that will help push up the sp and shift the placing over hang so when it settles back down more of the placing shares will of been shifted.

I agree with the points, I think we have to look at both drills separate, if they say they need to do further tests after the first drill you will know they will after the second so we wont get commercial helium confirmation until next year. Their is a trading opportunity with the first drill as if its a duster you can bank your profits before then buy in cheaper. If its a success youll have to buy in higher but least you know then the company has commercial helium so is looking good for the future.

If we have to wait until next year for official confirmation it will kill the sp so your better off selling as high as possible even if your at a loss as it will drop down and a fund raise will make it even harder to reach your breakeven point.

I think the met are fully covered for the appraisal from what I understand they will do drilling for 2 weeks, a further week for flow testing and then finally the lab tests which confirm helium. I believe that should then say the flow rates and the helium %.

Do they need extra money to finish off the appraisal I don’t know but I think if they need extra for the appraisal it suggests it’s going well.

I’d expect we can still spud early next week, it will only take a few days to get the items from the dock to site but that prob explains why we didn’t get an rns saying the items had arrived.

Tip wheasal we don’t know for certain that’s just the working assumption right now from people in this board.

Ok don’t shoot me as I now I’m not meant to post noble updates however…..

According to their update tonight the rig has only just left the docks shd enroute towards rukwa, with this in mind it’s safe to say our long lead items are prob only just getting through customs which is why we haven’t been notified that they have arrived as they haven’t…..

Secondly check out the base camp, that looks like a drill pad to me as there are a few squares that are lower than the rest of the soil anyone else think the same?

https://www.investi.com.au/api/announcements/nhe/b9ea383a-5a0.pdf

Well I’ll prob buy and sell and about 50 times during the spud with all the pressure lol for me 10 pence will be double what I paid snd I’ll be able to run off into 88e before it takes off so for me I’ll prob get out around 9-10 pence as I think we will see a sell off then as a few people have quoted 10 pence as a get out figure.

My worry is Lorna is more concervative and when she sees helium she won’t tell us until bang here’s the results and by then you’re either in or out…. Dm suggested helium was in the lakes and in the bubbling mud so early egged on the sp but I don’t think Lorna will do it the same way so don’t think the fomo will be as much as before.

The presentation that’s dong the rounds today saud helium was found at 70 meters at 2.2%, I think the sp will spike if we do the wire line logging and we do the final tests as that will show we have gases and most likely helium so I think that will push up the sp.

If we get a duster be a good time to buy back in for the event all again a few weeks later like Pred did the other month….