Member Info for neil777

Placing at 9p .. not brilliant but better than most AIM companies

Murphymoo3 hopefully there will be news today to brighten up even Yorkshire

6 million trade at 2p [hence why that is showing]

It will have been a sale as it was at very best 2.045p to buy yesterday. Anyway we ended 6% higher than that 2p so it didn't effect at all really

No murphymoo3 there was a big 6 million trade [I'm sure sale ] at 9.56am yesterday but that showed up as last trade on LSE .. simple

It closed on 2.13p UT but I was offered 2.15p to sell on the bell and there was a 2.174p trade

Hope that helps eliminate the worry

No murphymoo3 there was a big 6 million trade [I'm sure sale ] at 9.56am yesterday but that showed up as last trade on LSE .. simple

It closed on 2.13p UT but I was offered 2.15p to sell on the bell and there was a 2.174p trade

Hope that helps eliminate the worry

Part 2

Cont/...

The big white blob is accommodation/offices, the smaller white blob cement containers and the black blobs the rig and support equipment.

we know exactly where the well heads at both Itumbula w and SE are located as previous Sentinel imagery showed then being excavated here -

https://www.flickr.com/photos/194934344@N06/53542080135/in/dateposted-public/

Sentinel repeats every 5 days, but can't as yet, look through cloud.

Now He1 tweeted another even more interesting image to accompany the RNS of 7-2-2024 -

https://www.flickr.com/photos/194934344@N06/53543870581/in/dateposted-public/

Add an image from Sentinel you get this

https://www.flickr.com/photos/194934344@N06/53543870941/in/dateposted-public/

And a bit of annotation, and you can see how the features in the tweeted image match those from the Sentinel satellite -

https://www.flickr.com/photos/194934344@N06/53544301885/in/dateposted-public/

And you can now see that as at yesterday, the accommodation/offices, the road oil tanker and various other pieces of equipment all still appear to be in place.

In the commentary in the image I suggested that I wasn't sure that the rig was still there, but having thought about it as all the support equipment appears still to be in the same place, the rig itself hasn't moved either. This can be contrasted with images from Tai-3 when as soon as drilling ceased all the equipment was obviously being dismantled and on the move. There is also some equipment between the rig and road tanker, looks interesting, not sure what it is as the image isn't good enough.

In fact the images provided by He1 relating to Itumbula are noticeable poorer and nowhere near as good as those for Tai-3. I wonder why?

Also it appears that whilst Itumbula SE has never been drilled it would appear that some sort of equipment also covers the cellar at that pad. I wonder what that is?

So the conclusion is that as at yesterdays date it would appear that the equipment on the Itumbula W pad has not been dismantled and the rig is still in situ.

I had thought the next "big" news would be concerning Eyasi, but maybe not.

If the rig is still there what is it doing?

a) nothing, waiting for the next drilling season?

b) waiting on disassembly?

c) testing the well?

d) getting ready to drill again - the weather is obviously reasonable at the moment?

And whilst were at it there is also some movement at Noble's Base Camp, around 90km NW of Itumbula, with new equipment arriving in the last couple of weeks and they've also dusted off the helipad.

https://www.flickr.com/photos/194934344@N06/53528643408/in/dateposted-public/

Interesting as they seem to be only planning some shallow drilling around the middle of this year, a pilot plant and not much else. Nobles pad remain and appear in a position to accept drilling equipment at short notice if required.

Due to recent problems with cloud cover Sentinel 2 imagery has been disappointing for a couple of months now.

However yesterday the Sun shone bright, and for the first time in many months Rukwa was (almost) cloud free.

This is what Sentinel revealed -

https://www.flickr.com/photos/194934344@N06/53541796950/in/dateposted-public/

To the uninitiated it just looks like a mass of browns and greens, however a bit of annotation reveals the sites of Tai-3 and Itumbula W and SE.

https://www.flickr.com/photos/194934344@N06/53540491272/in/dateposted-public/

The site of Tai-1 is just next to the green blob SE of Tai-3. The river in flood to the north is the Momba River.

Unfortunately one of the few places covered by cloud was Camp Rukwa (the original FOB) so we cannot see if there is any activity there, I suspect not, but cannot be sure.

Next is a closeup of Tai-3 -

https://www.flickr.com/photos/194934344@N06/53541371056/in/dateposted-public/

the left image is the last clear day 17-12-2023 and right, yesterday 20-2-2024. Little change there, and that black blob is probably just a stack of pipes. no activity at all over the last couple of months and all the equipment has been removed and parts of the pad are now overgrown with vegetation. It is affectively "abandoned", but not necessarily in a technical sense - when Tai-1 was abandoned it was totally erased within around a month of drilling ceasing, at Tai-3 we see the pad and roadway to it still in existence, ready for a revisit, with a bit of work, although I suspect no time soon.

Now the juicy stuff - Itumbula W and SE.

https://www.flickr.com/photos/194934344@N06/53540757182/in/dateposted-public/

The top image is yesterday, the bottom image 17-12-2024, again the previously last clear image.

Well not too much has changed over the last couple of months. These images are obviously pretty grainy, Sentinel is a land use tool, not really designed for detailed reconnaissance, but i will try to get more out of them than is represented by just the fuzzy images.

So in the above image at Itumbula W comparing the two images the white and black "blobs" appear roughly in the same places, the latest image shows the black blobs as slightly larger, as you would imaging after around a months drilling has taken place throwing oil and mud all over the place.

So what can we make of the black and white blobs?

Well unfortunately He1 has not provided us with any nice aerial images, unlike at Tai-3, and we don't have any recent spy sat resolution Maxar images to hand, so we have to rely on the bits that He1 presents us with.

So this is an image tweeted by He1 on 19-12-2024, compared with the ground features revealed by Sentinel -

https://www.flickr.com/photos/194934344@N06/53543626513/in/dateposted-public/

Cont/...

Will take a look BasilAlderman and keep up the good work

There will be a que pubcrawl 😉

Biggest drill wins!!

Systemzero I hope all comes good here and GDR

I thought around 1.80p Systemzero you had said once.. but maybe you bought more at a higher price.. anyway let's hope we get that RNS to push to 3p this week

Aww OK I thought you had been in lower if I'm honest

Oh well I hope you get there and it definitely will with a positive RNS I don't think anyone will argue that

I can't believe GDR is as low as 4.25p

The new guys seems to be doing a good job, i just think they need to get that placing out of the way [of they do need 1] then it can move up as they get more contracts and of course news on NICE

Sorry pubcrawl not Paul

That was after a poor Wednesday though Paul BUT we definitely due a blue day

Systemzero... well you can always sell here whatever .. are you in higher than 2.1p?? If not then its profit and move to GDR... you maybe lucky and stay here for a bit and the RNS lands here and you avoid the RNS with a capital raise at GDR as the CEO hinted i is due as they need cash 😉

That was after a poor Wednesday though Paul BUT we definitely due a blue day

GL mate

Plus Systemzero a buy or sell and at 2p it had to be a sell it was nearly 24 hours ago and it was bought into and finsined 6% higher than that price.

It matters not 1 jot now

As we know HE1 in the states is OTC has tiny trades and not a brilliant comparison to HE1 on LSE.. however we do track their price and vice versa so always worth a luck ... they were 9% up [again not massively relevant to our % loss or gain today] but they sit on 2.18GBP

Let's hope at worst we finish there and that will be a steady 2% going into Friday

https://finance.yahoo.com/quote/HLOGF/

130 000 fees for it????

Aden69 I don't blame you at all

Look at HDD a raise at 4.35pm announced of 0.8 million at big dilution and the SP already all time lows.. then HZM and so on

It's lethal

Strow

Does the fact that this raise of 450 million needed or 55 times the current MCAP will Surly wipe out PIs

How else will they secure it ???

Genuine question

This thread didn't age well

A placing at 4p all to raise 800k.. disgusting and AIM is lethal