Member Info for levistubbs

BOIL have some news out today on that prospect. Would be nice if we could get a free carry there or off-load it to prevent more dilution in the medium term.

No GH, AJ-14 is 300bpd gross which is 66bpd for UOG.

'quite like the facial expression'

Yep I remember the expression last year when he was grinning all over his chops in the live proactive. Just remind me what came next :-/

Sorry I don't buy that Metalhead.
For such an important drilling plan a geologist needs to check and log them if only to give them clues where to drill next if they are decent.
What surprises me is that the geologist was not there to oversee the removal and correct storage of cores.
Do we even know we got beyond Awkward. No we don't and we are not worthy of that information.
Fingers crossed anyway.

Not to my knowledge. We a getting circa £5m from Afrimat for the Glenover sale but would assume any consideration from Sandfire is a way off yet.
Still a very useful amount of money though.

I prefer promise little deliver more too bitcoinbuyer but with the drilling plan we got the exact opposite.
To be fair though with the raising he had been saying he would do little bits when needed but then delivered more in one go so cudos lol. Right I will take my tongue out of my cheek now :-/

Bitcoinbuyer you are missing the point 'again'.
The amount of money we raised was for a very specific drilling program which took in 5 prospects.
It's entirely plausible, although Darren would rather hide under blurry statement on a very short video, that we only drilled 3 of those targets and fell some way short of the proposed 3000m.
He also says in the video there is no plan to go back and drill what wasn't done when the snow compacts?? Really!!
So the point you are missing is why did we raise so much at the bottom of the market for a drilling plan if some of the targets weren't that necessary to do immediately.
Ahh but we were told this was the best and cheapest way and as a junior we were doing things differently and puffing his chest out that no other junior had such an audacious plan.
The fact that he is hiding exactly what we have done tells me everything. He is making a habit of this just like when he stopped communicating after the raising.
He is not filling me with any confidence so can only hope one of the drills we actually got through does hit something or the market will take it badly and his credibility will be well and truly shot.
I wouldn't be surprised if we hear something along the lines of we decided to save some money to drop a hole at Manitou Lakes.

JP2000 as long as Darren keeps us all in the dark to hide his failings then it is all conjecture but I think there is a better than average chance that we did not drill ottertooth or silver rim.
Of course he could do the decent thing and put out a Rns to say what was drilled at each prospect but I doubt he will.
We will have to wait for the assays and hope we are given them all and none are buried but how would we know :-/

"Our aggressive plans to drill five separate targets containing multiple anomalies flies in the face of conventional thinking in today's junior exploration sector but this approach offers extraordinary upside combined with the most efficient use of capital"
Yes it flies in the face of conventional thinking even more when you start when snows are due.

Stan I am still not sure we have even drilled the full 6 holes at Wishbone. We started drilling on 25/10 and there was a proactive video on 4/11 saying we had moved on to Awkward so let's say they moved on 3rd Nov so that is 9days to do up to 1200mts. Even with two rigs that is some going.
Mind you we planned up to 3 last time and just did 2. I would not be surprised if we did more than 4 but doubt we will know until the assays come out.
In the ensuing days (of which there were 6 remaining up until yesterday) we were supposed to do up to 600m over 3 holes at Awkward, 600m over 3 holes at Survey, 400m over 2 holes at Ottertooth, and 1 x 200m hole at Silver Rim.

So for the benefit of doubt we say they manage to drill 1200m over the 9 days at Wishbone then in the 6 days remaining until wrap up due to the weather we should have managed 800mts which is Awkward done and maybe one hole at Survey. If that is correct that is not just coming up a bit short.

All supposition I know but as the Yanks say, you do the Math. But it would be better if we were given the full details and not some half baked video.

Again bitcoinbuyer missing the point. It's not his vocabulary letting him down, it's his actions and credibility.
That big raising was for a very well laid out programme and we were told it needed to be that way for cost savings. But the programme came up short.
How can you trust you are going to get all the assays when we don't know what exactly was drilled.
If we are saying it didn't matter that some didn't get drilled then there was no need to have gone the whole hog with the raise. But it was obviously important to drill them all at the same time and they didn't.
If we manage to find something all will be forgiven no doubt but at this moment in time there is no getting past another goolie dropped by the increasingly fallible Ceo.

bitcoinbuyer you are totally missing the point.
Let's hope you are right.
I am not talking Darren down, he making a good enough job of that all buy himself for anyone who can see the wood for the trees.

Indeed they could JP2000 but if they are not then we will be left wondering about the prospects that weren't drilled. But we don't know what was drilled or what wasn't.
Were the full 6 holes done at Wishbone and 3 at Awkward. If they were then they were done at lightning speed. But that's all academic. We raised for a dedicated program that was not completed but lucky for Darren enough to spin it a success. If the snow had come a week earlier where would we be.
Hazelwood has turned in to the car salesman that he looks and sounds rather than different to the rest CEO he set himself up as.

But that is rubbish Metalhead, we had a big raising for a very definite drilling plan which was laid out in full detail and it has not been completed. I want to know how much of the 3000mts was completed and what targets were not done as the plan laid out and it should be set out in a RNS, not in a short video.
I would suggest he has been very lucky in that the snow did not come earlier or there were no drilling issues.
Were 6 drills done at Wishbone, 3 done at Awkward. We drilled for 2wks so can't imagine we have done a whole lot of that proposed 3000mts.

Very disappointing after busting a gut to raise at the bottom of the market to then not complete the drilling plan. Credibility still on a knife edge Darren.
I am not sure the geologist going out proves anything. The question I would have is why hasn't the geologist been on site while they have been drilling.
Jury is out for me but I hope to be proved wrong, correction I need to be proved wrong.

Some downhole geophysics may have helped but I don't think they have the capability at Obonga.
Let's hope they can glean enough information from 50mts.

Yep looks good but who knows what it contains. If it turns out to be nothing commercial it could be cut up in to some nice paper weights ;-)
Fingers crossed we really need a win and Darren needs to regain his credibility.

Agree Metalhead.

Certainly encouraging and certainly pyrites by the look of it. Hopefully there will be something in there of interest to start to bump the sp up.
They are certainly getting through the drilling at pace.
Also begs the question why we didn't get a core pic from Wishbone this time.

I loved Darren as he offered something different. Turned out he was no different but that is history now so let's hope he now delivers something and makes up for the BS we were sold.

Things starting to move now, hopefully for the better.