Member Info for kr1988

Im not sure Dai tbh I think their last raise they paid off the next instalment. They are due to drill any day now last year it shot to 60 by the end of spud so im hoping something along them lines happens this time.

I've brought in today, the sp just keeps gently rising up, I thought it might pull back but it hasn't so ive missed the raise price but never mind hopefully this will do a HEX and go on a nice run.

I do agree they have lost all the long term holders confidence over the years really screwing them over with such low raises.

I believe their waiting on a permit still arnt they?

Yeah its a lot of money, I dont know why they went for the JV they haven't got the money just dilution after dilution to run two companies now.... Its not even like they are going to production just to do further tests.

Ill keep an eye out as that went on a run before after results. Did you see EME up 300% today thats incredible.

Im very tempted to buy in but currently watching as last year the sp went under placing so just want to know its on the up before I buy in.

True, the one plus is that the sp hasn't pulled back from its recent highs. I suspect most of the shares are in sticky hands and will require a good rerate to encourage sellers. Im still not sure production will send it wild like people expect. I think the off take agreements will be the big catalyst confirming who they are selling to. the SP will rise with the hype and settle once it settles down and production has started.

The positive news today Legal didn't move the needle on the SP much. Do you think the SP has capped now until they get into production? Any idea when they are gonna drill the 5th well?

Yeah I see what you mean, its the excitement rather than the actual asset on offer. I'm gonna watch it as it may drop below placing price and their must be a pump at some point even a quick 20-30%

Looking good here, this disks the southern dome so hopefully well 5 will be a success too.

Flow rates so far have been good so let’s hope for a bit of a rerate today

Well it tripled before so I’m guessing it will follow suit again even if it doubles that be a good summer return dai.

I believe they have raised to pay off that debt so it shouldn’t be an issue but I do expect them to dump these shares asap so I’m guessing the sp will pull back in the coming weeks

Matd you can buy below the placing price no big buys going through either. I’ve reread the rns today and done some research and it appears they are testing wells they thought were dusters so feels like a pointless year. Maybe a quick trade if it pulls back further enough but not sure if it’s worth a punt this year

I do agree but I can see a good trade in it as it usually attracts the heard.

Sorry someone remind me have gazelle and gobi not been flow tested before? What was the reason for this? Gobi I Think they said it wasn’t oil baring or wouldn’t be commercial????

Heron 2 the acid they are proposing I’ve seen this before in Zeph it literally melts away the rock to give better access to the oil so hopefully that will be successful here.

Does it say in the rns when work starts?

Finally the fundraise has dropoed. I’ll be dipping my toes in here!

Sorry for the delay rampers I look forward to buying in tomoz at a nice entry price :)

It’s dropping due to the uncertainty and lack of plans for this year rather than bashers

Wow watching history being made here, congrats to all the holders on this special day.

Yeah, I was debating if to buy in today or hold that in hope it will pull back next week after the shares come into action and the debtors can start selling. Its already gone up a penny so I'm hoping I was right and can get a better buy in price.