Member Info for mcfcnige

Hi Art,

As I mentioned not an expert on these things but surely each drill is different and each will have its own set of issues.

On the 2nd drill the company announced at the start the rough time line which was much more than 2 weeks and we came in pretty much bob on.

In regards to flow testing, I have no idea how long this takes but the company has stated “ several weeks “ .

7 days doesn’t sound very long to test a well?

Hi Art,

I am not an expert in these things but surely the geology would dictate how long a drill takes.

The operator won’t run up costs for the sake of it.

Morning Ed,

Thank you, makes sense now.

I think everyone is probably looking too much into it at this stage :-)

Hopefully we get an update on the Mambare sale too ?

Thanks Nige

Morning Ed,

Hope you are well.

It seems an odd RNS, it’s written like they are giving us notice of a drawdown in funds?

When they drew down the initial amount on the RNS they didn’t give us notice?

I wonder if the structure of the loan is going to be changed in some way?

Thanks Nige

Hopefully not too long to wait now? :-)

Thanks Si,

It’s a very interesting comment from the Chairman and said with conviction.

Crikey $1 billion :-)

It’s got potential then lol :-)

Thanks Ed,

It would be the icing on the cake to hear that we have positive results from the Canegrass drill.

By the way the video released today is on another level to the usual AIM stuff, they have obviously got some specialist advice on how to get the message across and they have done a fantastic job IMO.

Might seem a daft question but what does the word “ Unicorn “ mean in regards to describing an AIM company?

Thanks Nige

Thanks Ed,

Yeah forgot about Canegrass, maybe that’s the next update?

They are definitely doing the right thing in selling the Nickel assets, the progress has been so slow, it’s needs to go to someone who has the time and funds to get the license and develop to project.

The boards definitely feel a lot more chipper today, it’s amazing how it can just change so quickly:-)

Thanks Nige

Hi Ed,

Do you think they maybe a U turn in offloading the Nickel assets?

It’s funny they are mentioned, if the plan was to sell?

Thanks Nige

Hi MJ,

Ed will know more but i think it was around 17500 barrels a day

Hi Ed,

Who knows when the 45 days started, maybe AK sent the letter by Airmail :-)

Thanks Ed, had a good weekend thanks

Fingers crossed, some good results:-)

Morning Ed,

Hope you had a good weekend.

Quick question about the “ multiple potential zones” line in the RNS.

Do you think this could potentially mean we have a number of updates along the way, rather than just 1 big RNS with all the info?

Thanks Nige

Morning Ed,

Forgot to mention yesterday, you were right about TRP?

No incentives there for the directors to get the sp up, they are already in the money.

Let’s hope AK can get us above the 1.6p target this year :-)

Thanks Nige

Thanks Ed

Hopefully we will get some meat on the bones soon.

An updated investor presentation would be helpful to us, so we can see what they are planning and the timelines but it all sounds very exciting for investors.

Thanks Nige

Hi Ed,

Great post.

Sorry I am not very knowledgeable in the tech side.

I thought as we are operator on that block, it would cost

more lol.

We have the balance of the Extraction funds and hopefully the funds on its way from the sale of the Nickel assets, so that’s quite a lot of cash.

If we can get production going too later this year, that will also boost the coffers.

I am intrigued by what additional assets they maybe looking at?

Do you think it’s likely to be producing assets and wouldn’t that be expensive?

As we are going to be busy on with Galinda on the exploring side?

Thanks Nige

Morning Ed,

Great posts.

Do you think they would look to farm in on Galinda, to reduce risk and costs?

Seeing those numbers today, I can see why AK has see those options figures now :-)

Thanks Nige

Thanks Ed,

Great posts.

There seems to be a bit of doom and gloom around after the delay RNS

We could do with a bit of good news to perk everyone up again

Thanks Nige

Morning Ed,

Another great post:-)

When they say the field is recharged, does that mean basically filled back to original levels?

Thanks Nige