RE: Clink#1 Pre-EWT results?...30 Oct 2024 04:41
The next RNS *about Clink* (in my view...) will be a major one; if we get the initial gas concentration back as being 10/11%, then it looks like it wasn't a one off (through the mud), then we go into the "first" EWT safe... better still, there is a chance that the % reading comes back a lot higher... 20-98% would make for extremely interesting EWT data... and a VERY easy wait.
And ofcourse, to keep the neg heads happy, there is still a chance we get low reading, so you've got to be real, and we might enter an EWT with no pre-indications given to us, in which case, there will have to be alot of trust in Bo and DM... which I think they deserve this far.
On one side you've got theory, experts, experienced guys and instrumentation telling us there is Helium/Hydrogen in this Reservoir/Dome...
On the other hand... just FUD. [And plenty green boxes] - which is a sign*.
*Especially just prior to critical results... all of which have been de-risked but yet to reflect in SP, but will once proven.
These Hydrogen results being a 'bonus' to the company, additional to the companys original speculative planned find. So ANY reading here really should be regarded as a positive, regardless of reserves that come a out with it.
4 shots at 3-4 potential reserviors of Helium and Hydrogen. For 28Mcap Such and undervalued company fundamentaly. These Reserviors/Domes can sell at auction for into the US$billions. Just think of BUSH Dome being auctioned off... Ingomar Dome could be next.
That being said, if Bo preffered to stay and run the two projects as a company, I'd be behind that idea entirely.