Member Info for Mikey279

In my experience having held multiple shares over several years, the market tends to overshoot on negativity where as positive movements happen over a longer period, I wouldn’t worry about the crash as you all saw how a misleading article took it down from 4p to 2.7p a few days ago, the work isn’t finished and more results to come, there is a fundamental security in that the asset already has proven 2cs

You tend to see overshoots a lot more on shares with strong fundamentals as it either/or triggers big positions, clears out overhangs or allows certain people a nice entry

Is it corrupt? Yes. does it happen? yes

No one’s really panicking except the share price and there lies in the opportunity

All imo

27p broker note without the upside, if not them then someone else will take it, flows are everything here

All imo

Flow rates is the last step, there’s no way they would’ve known in that time frame - have a look at the drill plan.

It is a win win for them either way, in what world would they downplay it ?

More to the point is why so much weighting on the upside rather than flow rates?

1.4 tcf is useless if you can’t flow it

unless someone’s slipped them a word….how do you mix up the 2 when saying ‘early analysis’?

iirc auctus put 27p on the 2cs

just some *** packet predictions

so a good flow could get to say half (13.5p) and the rest for fid.

if north flank comes in puts us at 10p, flow at 20p, fid to 30p, south to 40p

and for balance north flank dust = 2.5p no flow =1.5p

so two bites at it and what great risk reward down here

any idea when flow rates will be announced ?

all imo

"Chariot said that «the early analysis of the well confirms the presence of reservoirs over an interval of approximately 200 meters gross thickness», adding that further detailed work will be required to understand the impact of these results."

If true, then this will undoubtedly be commercial....where did that statement come from?

50+% drop on that news with the recent fundraise and other projects and existing gas, is well overshot without mentioning the drill is still live

Not like it wasnt already at a discounted value, what’s the ultimate downside here ? Probably 2-2.5 vs the 40p+ they talk of

It just screams of someone wanting more upside

Let’s see what the next few weeks come up with

Painful but we have many pies and will come again

All IMO

It’s silly really , it’s as if it was a complete duster but barely even started drilling

Should be around 5p pre results IMO

All this buying and slow movement, literally 10x + upside from here

All IMO

Starts with a P

Did i not warn....?

Yeah 30p in a few weeks and put it all behind us, then enjoy the renewables by a beach ;)

Indeed, i guarantee if there was nothing there/was genuinely worthless they wouldn't be twisting words, cynical but see the positives in it

So dirty, misconstrued statement and a dodgy article creates a mass drop for certain people to load up

What’s the betting the other zones hit now…?

What’s the betting they all loaded up …

When the rest of the results come in it’ll all be a storm in a teacup…..

What’s good exactly? Was hoping funds would last until production but looks like it’s not the case….

Boku intends to initially prepare two 42m by 30m blocks for cut and fill mining. Each block contains in the region of 589 tonnes of vein material. Boku estimates that the first two blocks will be prepared and ready to mine within the next 15 weeks.

I thought it was imminent, that’s a lifetime in AIM

And yeah cash is more than mcap + a few months of expenses

Suspect a gradual recovery over the next few weeks