Member Info for Northman1

Are they actually back in Greenland onsite yet or has the ice not melted yet?

Have we had an explanation of why they only reperforated 56 of the 195m of the well. They seem to have missed 10m at the top and a hundred meters at the bottom. Obviously part is the water zone but cant see it being both top and botton. Nor can i see it being 100 m accross, so i assumed they'd bridge it if it was in the middle rather than cut off whole bottom section. So was the other section still in good condition, so mo reperf required?

Someone posted over on CNR yesterday that International Finance Corporation was getting out of several small miners and had been dumping their stock. It mentioned Hummingbird as one of those stock maybe they've finished here as well as in CNR?

Does anyone know if the bridge got completed. It looks pretty complete a few months ago just wondering if it had been opened? I Assume it has.

2 stonking great trades going in a 14:14 after a suspiciously rapid drop on nothing. Looks like market manipulation imo

Not a bad interview for the newbie. Shame he ran out of time to talk about Lidsey, I'd be interest to know what they want to/can do there.

Is there a date set for the Balcombe flow test to commence yet? We know that flows well, would be nice to have something up and running while they mess around with the other 'assets'

It could be something even more shocking like DB and co buying into their own company. But guess that would have got an immediate update.

24 million bought vs 3 million sold and we're flat. AIM sucks

I did wonder yesterday if they were just using a bridge plug as they didnt seem to have a straddle which aparentlt from alans links is used for water zones in thevmiddle of 2 oil zones. Not sure if they could use that later if that was the case to increase flows?

I thought the plan was to extract the zinc then to process whats left over for the then concentrated vanadium and lead? If they start mixing in other ore that doesn't thst effectively dilute the vanadium and lead material meaning its harder to extract. Or would they keep the feeds and tailings completely seperaye to prevent this?

I'm assuming there's now required date for quarterlies to be released? Is it up to the company when they do it?

Question for Alan I guess.
Thanks for the you-tube links for the Bridge plugs, very informative.
My understanding is that at the moment we don't know where the water is, i.e.In the bottom or in the middle of the perfs. That being the case do we have one of these straddle things that mention in the clip in case its in the middle of the perfs, Is this part of the standard kit?
I assume the length of the straddle would depend on the length if the water zone so are these modifiable or would this need to be manufactured ordered if required? I guess they can always just plug above the water if they didn't have straddle in the mean time but assume ideally you'd want to keep the lower perfs open and producing if the water Zone was in the middle and would therefore eventually need a straddle?
Any thoughts or am I talking out on my butt? You are allowed to Sigh!

Well personally I'm hoping they can sell it on. Then maybe buy sanankora off Cora as that seems a better prospect and in a juristiction they understand. They can also move staff/kit easily between sites if required. Would seem an easier way forward. It shaping up to be much bigger than Yan F so seems a more natural progression.

With my basic maths. If max 80% recoverable with 60% already gone. That leave maybe 22 billion cubic feet. Divide by 93 to get therms multiply by. 28 lowest therm price of late and multiply by .51 percentage they are buying I get 30 million quid over 20 years assuming no production cost whatso ever or cleanup costs. So presumably less than 1 million a year. Why are we even looking at this.
If 70% recoverable less than half a million a year.
Or am I missing something.

Good grief activity, I'd assumed I'd bought into the most boring share in the world.

Be nice to have some more in depth information on the future plan/plans along with the quarterlies.

Clearly the fine chrome has been a significant success if they want to build a much bigger plant. Would love to know the numbers.

Getting very exciting all round though

Olderandwiser
More mistakes, being made. Desperately hoping for a significant mine life extension and them doing their job properly in the next months or so. Not that they'll actually tell us anything of course, the comms from the management still woeful.

Hmm well no idea whats gone on today but nice to have, just 10 more days like that and it'll be back where I bought at. Hey ho.

No that was my bank moving some of my shares into my isa. Did it well in the end without a spread.

Debt dropped 5 mil with cash dropping 8, overall thats just 3 down so assume they should be alright for a while cash wise. Maybe they should start telling us results monthly again, rather than keeping everyone in dark all the time.