Member Info for maestro1

Well they have until 13th sept to sort this mess out.

Company has no plans, year gone by, they will soon need to drill another well in morocco. Where is the money going..

When you try to buy in 11's they quickly move it up.

Its more or less the bottom. Gonna blow eventually...

Dsymons

Hussar already signed off its the Mt winter application.

They are funded for drillin and development of Hussar, will sell helium at the well head.

MOU signed with large operator.

Hardolestation

Look how quickly this moved past 18p and then all the BS started. Name change and alot of progress done.

Mou signed, will sell helium from the wellhead. Tier 1 jurisdiction unlike he1. Although he1 had similar resource potential. To get to he1 mkt cap gex needs to 7 bag..

Hold...

I recommend just hold, will move up and down slightly but will likely move hard.

Plenty of catalyst in coming weeks.

In terms of p50 resource this wipes the floor out of Hex

Hex is 2.3bcf

Gex is 150bcf

Gex ipo'd recently but i think this will bag a few times before drill starts. Just resource potential is huge!!!!

So the integrity of the well is compromised, an interview by Bo would be nice to calm the nerves.

Its a setback, however the well can totally be lost but more chance of being sorted.

So they abandoning for 30 days, after that they will restart. How long will the repair take after that?

Oberon are not one institutional investor, so investors dont need to worry.

So they need a rig which can handle 7 inch casing. Disappointing news hopefully get this sorted, ad for all those spouting 10p i dont think so.....

Whats wrong with the current rig? Why taking 4 weeks when current well was drilled in less than 8 weeks?

They have another 20m shares to sell, this is not going anywhere until they are sold.

10 more days to agree loan with aleph, else sdx are goosed.

Of course they will...

Yes, to date its around $3.9m by the time SD is sold it maybe near $5m with interest charges.

Whats Sdx plans, its been a year they cant just kick the can.

How else will the deal be financed? If SD is sold for $10m almost half would goto Aleph. Now they are not in a rush to sell SD what are sdx plans?

The prior conversion for aleph was 4.5p, if its at currenr price the new loan Aleph would own over 60% of company. How will they draw up the terms?

"The Clink #1 well reached Target Depth ("TD") of 8,030ft (~2,450m) at 11:15 MST on 23 August 2024."

As you can see Clink well reached TD last friday, why has it taken 5 days to inform mkt? They even gave less data on Flathead and Cambrian strata compared to Amsden and Charles strata they gave last week.

Last interview BO expected higher helium shows as they got deeper. To me the primary target Flathead was an disappointment as if background levels were higher they would have mentioned in rns.

Ned

The company has EV value of £8m. I can guarantee SD production has declined from 18mmcfd as company hasn't invested in the development for a year now.

Does SDX still have the intention to sell SD? IF admin cost can be covered by SD revenue that is ok but they need to try to cover the loan too now. I dont think it will.

will look at the interims with interest, they need cash to drill in morocco.

The sp collapsed when the company informed mkt they were having difficulties taking dollars out of egypt, now that SDX claim to be able to take dollars out of country warrants an RNS imho.

Its not 10m profit this is what om trying to say, they have stop development and making minimum profits, you will see in the interim results. Why is it taking so long to sign the loan deal with aleph?

Look at UOG there sp has been destroyed.