Member Info for miker444

They sit in the same Basin (Amadeus) with the same Geology so it's a positive. Also Central Petroleum have just signed another contract with the Mereenie Field to supply Nat Gas to the Northern Territory.

If people want to read this as not a good rns then that's up to them. It's basically a yes.

Fantastic RNS 'MT Winter to be accelerated', Permit to be submitted to DMPE next (was Demirs). No hold ups with 80 year weather bomb or second EIS Survey to worry about.

There are some pretty decent Mobile Units that are designed for the very purpose of dealing with oil / gas from the well- head, in our situation it being gas it can be liquefied and transported in liquid form by road tankers by the Off - Takers to the processing plants for refining. Gex just get it to surface and the Off-Takers do all the donkey work and 'heavy lifting'.

A very good strategy which is being copied by other companies but we have the drop on them with regards to being ahead in the race time wise.

Drilby, talking of travel, there's a second hand helicopter up for sale, if you want it, buyer collects, it's going very cheap as it ran out of fuel and is stranded in the Northern Territory. Take a can of diesel with you and you'll be fine.

Twenty-Four, I took the 3 other high impact re-entry drills as being the Central Petroleum / Santos prospects of Dukas, Mahler Magee & MT Kitty aka Jacko Bore.

Talking of big lumps, can I ask you Drigley how you lost all your money? Please don't tell me you bought a helicopter and it's stranded somewhere because you ran out of fuel?

Drumbley, I wonder how the helicopter got there? More importantly, I wonder how we are going to get it back? Priceless, I'll definitely listen to your advice!!

You wonder why? Yesterday you wondered how the helicopter could fly the distance to site, I still can't believe just how your low intelligence is Drumley. Seriously, I have a can of petrol in the boot of my car for journeys that are that little extra distance. I wonder if there is any where the helicopter can land and re-fuel amongst several hundred thousand square miles of totally flat barren Australian wilderness?

And don't forget Harlequin still have £100 to play with, you've admitted to that.

I wonder where all YOUR money's gone?. Do Tell dear chap, go on you know you want to....

I was referring to the Off-Take deal negotiations, not the funding.

Of course they all know the off- take deal, doesn't mean it has been officially signed and if it's not known to anyone outside their circle they do not need to rns it.

Remember, as per rns, the funding is for Hussar, MT Winter and MT Kitty so they are not using the full $25m in one hit. It will sit in an escrow account until required.

Of course all parties know what the off - take split will be. It will be near a 50 / 50 deal and Harlequin will be happy that $25m will see $50bn+ (half of $110bn) which is a return multiple of over 2,000 times the initial stake ($25m).

Doom & Gloom? Sir H, not for me mate. I can see a MarCap of £300m - £500m if the drill proves up 283bcf He, 315bcf Hy and 2.9tcf Nat Gas.

That will be in A H's word a catalyst. Just hang in there mate for the sp a £+ Jul - Sep.

Just us, I want all share holders to prosper but I share your concerns, HE1 have so much to do and with over 9bn shares in issue it does not look like a game changer for those invested.

To put that in perspective for every share Georgina has in issue HE1 has 70 (seventy). So do we get a multiple of 70 x their MarCap? :¬)

Fund not find.

If you are confused Steve then it's probably for the best you have not bought any shares. To re-iterate, A H will want to keep costs down even with $25m to play with. We will find MT Winter and MT Kitty from it also.

Drubley, you really have the IQ of a Dead Ant. How about several large fuel containers are placed inside the helicopter and seeing as there are zillions of square miles and totally flat the helicopter landed to re-fuel. You have exceeded yourself this time, even for you. UNVELIEVABLE.

There could be a million and one reasons, doesn't mean they are sharing costs but perhaps 2 companies can operate in different areas to complete the repairs quicker. Remember total road length is 1000km, not all damaged of course. It could be we are comparing prices, just because we have $25m doesn't mean we still want to use it frugally.

Dribley,, Harlequin can do anything with £100, even afford to use helicopters, that's sound financial acumen, pmsl!

Exactly, negotiations will still be part of our $25m drawdown irrespective.

Just read HE1 RNS, they are having to pump 20 thousands barrels of water per day to separate the helium, they also announced the need for 'Further work programs', finding a Farm In partner, funding is not sorted so a lot of dilution / placing to come.#

I wish HE1 share holders the very best and all investors success but just compare their situation to Georgina, our GWR will be next to zero.

atb.