Member Info for kr1988

I’m good find always good to see the expected price to go up hopefully will help to draw people in.

What will kick start this share is the rig confirmation.

But on the he1 board quite a few have spoken about exit strategies, I think we will see the peak a few weeks before the target depth is reach as the longer term sellers sell up. I tgink too many have had fingers burned and wit this new cos rethink their long term plans.

Nothing kills an sp better than the words plugged and abandoned lol the market doesn’t like the flow testing being done later look at 88 for example. I’m

Sure they are flow testing the well at the same time

I noticed it a few times today when the sell price reached 7 pence I couldn’t get a quote to sell…. Maybe like you said if they brought at 5.5 pence that’s a good return with minimum risk

Thanks its good to have someone with a bit of knowledge to ease our minds :)

I agree that our knowledge of the subsurface has improved and the fact we are drilling in the same location as before is positive also they are going back their for a reason.

I’ll keep an eye out on it and add it to my radar seems very low and just needs a bit of positive news to send it back up. Coukd have a few bumps as their are prob quite a few people trapped in at the higher prices.

Im not sure, see them very much DM style and claiming their high. They said they have a proven track record of something like 17 out of 17 drills but don't say what that actual cos is.

These numbers all seem strange to me, really not feeling the 15% cos that’s very low to gamble until results day….

Jse seems to of hit the bottom, they gave close the lending function, am I right in saying they want to buy currently operating sites rather than go off spudding themselves? 200mil can get you quite alot I’d of thought…..

Just seen that coif it go further I’ve not seen much about this company in all honesty…

With Matd I just feel it’s hit it’s peak it’s very much where he1 will be in 3 months so you’re better off going he1. Still not sure how m high it will get but even 20 pence is almost a three bag at these levels. I’ve noticed the increase this morning has slowly dropped off again and only a little higher than it was Friday. Every time today the sell price hit 7 pence I couldn’t get a price to sell so I think there are some sellers selling at 7 pence right now holding it back.

I remember in an old interview when pushed he joked that it was 100% cos but wouldnt confirm the actual cos.

sdg I'm not getting my fingers burned again here ill be out way before the results come in. Maybe leave a bit in if it does well but with such low cos it will be a low amount.

With such a low cos if we miss the target or not get a commercial flow we have to wait another year and another raise to try again. I feel with such a low cos we should be doing a 2 drill campaign

Whats is it cos of? If someone said Kev you have 14% chance of living im not be looking forward to the surgery!

DM used to say their was 100% cos whilst he was being tonge in check I thought it be a bit better than 14% cos

Why would you gamble to results?

Don’t worry wouidnt interpret it aimed at me howrver I can’t invest so don’t blame you

He1 you can buy again now at just over 7 pence so gonna give it a few days before rebuying back in.

With Matd you need lp if they lands that will be a game changer but this spud has a cos of 20% thats real gambling to stay for the result…… if lp fails to land begore outcome it could easily drop back to 2 or 3 pence

Oh yeah looking forward to see how dai does on the back of this. Dai did you ask for the dividends as shares or cash?

She says their is a cos of 14%........ What's that achieving? higher figures or getting a commercial well (or getting a rig)

Seems really positive, talks about drilling "this year"

Not sure we have seen a few spuds where it’s peak is even before the spud I tgink this one had the momentum and it’s lost it now but if it does do a duster I’ll watch it as people talk about lp adding loads to the sp.

I’ll get back into he1 but right now it’s 7.12 to buy want it nearer to 7 before I buy back in

I sold up today 40% lost in just over a week!!!!!!

Thank god I only put in a k nothing more.

I will watch this however as if they hit a duster coukd buy back in for lp at a greatly reduced price……

It’s a bit of a wired time scale because they dropped the update todsy but coukd complete the farm out on Wednesday so seems strange to do the update just before the farm out was complete..,

I sold half my stocks on Friday totally gutted lol thankfully the sp hasn’t gone too crazy to buy back in

Top tip when I say I’m selling half to derisk buy lol

I did this before and then rns dropped the next day.