Member Info for kr1988

Oh I agree yeah looks good so far but could throw a curveball and end up like Prem but tbh they seem to be doing things right so it should be ok.

Yeah great update yet the market is down randonly, they are drilling in a months time, T&T is delayed but thats only small anyways.

1 month and they will be drilling but this company is known fore saying one thing then notr delivering and remaining silent about it. Will have to think it its worth staying in here or to move on...

I agree they tend to be good with comms so hopefully we will get an update early next week confirming the spud has started.

And that’s what’s don’t hold for results dai. Never nailed on to be a success. With Zeph it peaked when the drill was finished so that’s deffo a good point to be considering selling. Flow testing takes a while and the sp will drift I’d expect.

My other one pred god knows what’s happening their, their is an investors presentation Thursday night hopefully that will kick off the schedule for q1 2025. Should be swobbing mou3 and drilling mou5

Stickmaiden is correct, why would I put my money in here right now? Nothing seems to be gong well, needs more money to fix heron 2 ( I expect) heron 1 not going to find the rest of the field currently so I fully expect he will do like last year lay out the plan for the year and raise to fund it.

This share has real potential but will need another 6-7 million thrown at it to get it to where it needs to be.

Right now pred are about to announce their plans for their year and Zeph are spudding next week (hopefully) so right now lots better options for traders, give it 3-4 months and I’ll be back here for the 2025 drill season but right now I’m sat on the sidelines.

If they can get heron2 flowing that will boost the sp as it proves heron 1 wasn’t a fluke. Their seems to be lots of remedial action they can take so it’s not a right off right now

Maybe someone trying to buy into this? It’s a small market cap so that’s quite a few shares taken up.

It appears they are like pred in Ireland waiting on drilling plus they have wressell which has been blocked so if either go ahead it should give the sp a massive boost. If it was like last week I’d expect the sp to multibag it be that big of news

I agree legal I’m sure the sp will rise on news we are getting paid for the oil but a raise is needed to get enough oil for Mongolia so I think a large raise will come with the plus for 2025. It’s a real risk getting in before a raise is done unless heron 1 gets a higher bpd then it might generate enough to cover the first drill

I think when a company is on its knees you have to have a high risk tolerance. You might double your money or loose it all.

I’m sure the ones holding in the end were the lth who were 90% down and just left it incase it recovered plus a few high risk traders.

Thank you

Sorry I may be stupid but what do we have with Ireland? I was under the impression that we offered a storage solution to Ireland to store gas off shore.

Reading the comments today it suggests we have licence areas to drill and potentially have a jv.

Which is correct? I’d prefer the drilling in Ireland as that offers another crack of the whip should mou5 be a duster but how have I been wrong for so long lol

That’s was hzm, Horizonte minerals, had all the money they needed until last second admitted the bill was double and they no longer had enough money. It eventually delisted off aim in the end. That bounced around like mad near the end but it was very risky as bad rns dropped regularly

I guess if they can get the plant going that might be enough money but if they can’t it will prob be the end of the company it will just fold at the end of April and give the assets to cimimax.

I think George wants his loan back which isn’t surprising give it another month and he will loose over a million quid plus he is stepping down. It’s all good and well but it will mean a new person has to be found and then learn the role which will take months. Fingers crossed George can get the plant operational before he steps down.

If you look at last year the SP peaked when the rns dropped to confirm the well had been drilled successfully so hopefully over the coming weeks it will gently increase.

It feels like it yeah, its been a real strange week as some of the rises have been incredible and they seemed to of held too.

Just went up 40% whilst I wrote this message gutted lol

I looked at the rns today and thought that’s a big update. Nt to buy at 8 so I gave up. Now 150 up I didn’t want to get spiked waiting too long

They only got 1.2 from the market they want the pi to make up the most. Basically no one will lend to them so they hope the pi will do….

Too close to aprils deadline for me….

The sand im not sure, it appears when the flow rates increase so I think maybe as the oil flows into well but with more pressure it chips away at the surrounding earth and brings it out into the well and up to the surface.

I remember dm said that if he had lots of money he would turn rukwa into Swiss cheese, the more you drill the more you learn and hit successful wells. If matd can get heron 1 up to 800 bpd they can go crazy this year but if it remains as is they might have to be more selective.

Heron 2 doesn’t bode well for the remainder of the heron field.

I actually said that the other day deep, it feels helium has passed its peak now the market seems awash of new companies.

I need to watch dms video but again he is damaged goods after he1.