Member Info for kr1988

So still no farm out completed but the rig contract is ready to be signed and the plan is to mobilise the rig from mid June to spud in august.

Really positive but the farm out isn’t complete so it’s still up in the air? Feels very bitter sweet great update but still major risks will be interesting if he1 release an update.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02668048-6A1150995?access_token=83ff96335c2d45a094df02a206a39ff4

Could prime energy invest in behalf of a wealthy investor a bit like on hargreaves landown you can buy into funds managed by people but maybe on a bigger more personal scale?

I had no concerns until the noble sp dropped massively snd then a few on here have spooked me.

Hopefully it’s nothing….

Good research legal, seems like a good time to get out before the results of the farm out occur as if that fails it’s months before the sp gets to the highs it has been since the farm out winner was selected.

I’ll be honest I sold half my shares on Friday just incase I’d rather buy back in at a slightly higher price than to stay invested and loose money because if blind faith.

Been screwed too many times here I hope I’m wrong but I’d rather play it safe this time.

I don’t get it tbh I let the cleaver ones explain it lol

I guess all share are worth a penny but due to demand people pay over the price to get them if that makes sense? That’s what drives the price up

Coukd it recover from where it is now or is it down and out?

By they I mean he1 and do it by ourselves

Thanks Keith, I just hope they have the ability to go alone even if they need another raise to get us to drill this year.

How hard is it to raise money on the asx? If their farm out doesn’t go through cou they raise the money quickly through the asx?

Hmmm strange hopefully any modules they place their will have earth quake resistance.

You might be right about the warrants but at the same time traders will trade the share and it’s been 3 weeks since the announcement so they are prob getting bored snd then just jumping ship. The drops then cause others to sell up but some good news sbd it will be right up there.

I just hope the rig contract will make the sp stay up this time I hope we don’t have another 88e where it hardly moves and leaves us all disappointed

No I only found it when I googled the lake rukwa, but I’m like I said earlier if it’s been down their for billions of years I’m sure it wil stay down their for us to extract it but no I’m surprised no one has ever mentioned it before.

I’ve just sold some of my he1 shares, the price seems to be pulling back. Nobles sp has dipped a bit the last few days and the board even Keith are saying their coif be potential problems. I’ve sold half my pension pit so if it’s positive I’m still in but if it’s negative I’m not in too deep. Sold my personal pot and made 17 quid profit lol hopefully it’s me just being risk adverse but you never know snd I don’t want to be screwed over and loose lots by having all my eggs in one basket.

Matd I’m about 15% down just left it their incase they get a money rns no point pulling it out whilst it’s down

Ok that seems ok the right people are talking hopefully they will approve this LP.

If they mess around MATD no other company will waste their time with them and ultimately they need foreign investment more than the world needs them.

Master can you translate?

He1 I wouldn’t dare sell now as the farm in coukd come at any point within the next two weeks.

Matd not sure I’m down 10% so kinda feel I might as well stay there now in hope lp drops before the drill results.

Yeah you’re unlucky getting count out on the intraday rns. I’m sure it will drift back down to 50 pence early next week

I agree I suspect within the next 2 weeks we will know for certain the lay of the land. I really do hope they don’t screw us over but you never know.

Apparently with this rig we can go alone if necisssry I just hope that’s still the case and even if we need a small raise I’d rather that than wait a year and spend all our money on wages and do another massive raise at 5 pence.

Fair play least if it drops bavk you’re not hurting as much and if it goes up least your still in.

Matd is going belly up right now and he1 isn’t doing too good either

Yeah I’ll keep an eye on it, seems to be delays getting the first sale which I understand happens but it went online back in feb so seems quite along delay….. if I was in their I’d be selling up now good profit and just fear stormy waters ahead potentially