Member Info for panman

Reading your posting history it doesn't surprise me that you'd look for a negative reason why someone should want shares at a premium.

More likely someone just wants in after researching co. prospects which with the grades at Kabwe seem pretty positive.

Doesn't seem to want to pass the 50dsma which is beginning to lose its upward movement. Could be a red flag for the sp as it was supporting it all the way up from the beginning of our rise. Wouldn't like to see it l push us back down.

Very good price paid imo and the warrants at 8p show confidence too imo.

Interesting.

Good move for the co. but got to really imo. Any further issues with this drill they could have ended up with c. 100B shares. Even for AIM thats silly.

Thats the wonderful thing about ai stratton-you can use it to pump anything.

Unfortunately it's wrong in that it was the "big share-price-moving result investors are waiting for" only in the wrong direction.

Would suggest that with the pressure not building up after acid treatment leading to the need for a full on frack to try to achieve any flow is not a good sign.

Can they re drill elsewhere if the wellbore area is too damaged or will funds not allow that?

Still to see any confirmation of this 2.76% myself can only see references to the gas extracted having similarities to the gas found in 1994?What is weird and likely a big part of the reason for the sell off is that there's absolutely no confirmation that they got anywhere with the lower leadville.

They seem to have damaged the wellbore with their activities and moved onto the upper leadville to attempt acid injection which managed to achieve contact with the reservoir only under high pressure as it seems the wellbore is damaged there too.

Seems there was little to no pressure build up after treatment so they're forced to go for a full on frak to try to open up part of the reservoir in order to get some kind of decent flow.

ATB to the holders hope they do achieve something here but looks quite touch and go for flow imo.

Do they have anything else to cushion the blow if its finally reported as a a duster?

Thanks napthman, good to see. Does seem there's absolutely no doubt they're drilling this year which is good as still holding a few SB's. Looking forward to when the action begins.

Not actually confirmed yet..

"Preliminary gas analysis has confirmed the raw gas has close similarities to the gas analysis conducted in 1994 (which had previously indicated helium content of 2.76%)."

Having "similarities" is not confirmation but agree is a good sign.

Were they always planning to frack or is this because they have no flow yet?

Shame about LCCM but not totally unexpected. Does look like production there this year looks is out the window with the delay. Would have been a welcome boost to the co's immediate prospects. (not that they're bad anyway).

Why would there be confidentiality? Seems pretty straight forward they have the funds to take up the option or they don't?

Hope another extension isn't forthcoming.

Well so long as the margins are high sure it'll be welcome.lol

Was impressed with their $350,000 programme in Saudi Arabia that seems a move in the right direction as does the expected 60% margins in S. Africa.

Any more of the above and their paltry £1.5M market cap will look very low imo.

See what contracts gets RNS'd as the year progresses.

Is there a link for the report? Would be good to read it to be able to judge how important it may or may not be to the co. going forwards.

TIA.

Agree re the lack of trades being disappointing but how many actually watched the presentation?

I think its a good move. I drink the plant based milks myself and looked into the milky machine which seemed a lot dearer than Amazons alternatives for no good reason.

Also like the fact they turned down the excessive dilution it would have taken to purchase the co. Not all AIM co's would care about that.

Looks like no sellers after the presentation then. taken that as a good sign.

Will there be buyers once it hits utube or are we waiting on further developments first?

Either way after today's update happy with where they are in relation to their marketcap will continue to hold.

Keep your religion off the board will you trading. We're here to make money not evangelise.

Thinking ironic really but read your post Hydras, went off to check your posting history here and after your previous bullish posts was convinced to actually average down a few.

Better be a decent Investor presentation tomorrow.

NM.

Agree. Wish I'd bought more,