Member Info for panman

Sorry BSR but with a comment that immature and full of such obvious negativity I'm going to put you on filter and wait for the assays.

ATB with your future investments.

Thanks Prop appreciated, thanks for the work. Would add to that from the Presentation didn't they state that two of them were going over to Cobra next week as they thought they could improve sales there? If successful leaves room for one more positive RNS in that it secures even more funding for Redmoor.

"After all, Omar was willing to extend the term of the loan.

It doesn’t make sense.

Unless, of course, the goal was to de-risk Omar first, and then shift that risk onto shareholders through dilution."

I don't see the problem here.. Omar being willing to extend the loan shows his confidence in the project.

The Board insisting he be paid back and the risk spread amongst all shareholders not just one man shows good corporate governance. It's what I would have insisted on if I was on the board. I Don't like altruistic actions from board members as it's too easy for it to turn into bad sentiment and disagreement if it goes wrong.

No good deed goes unpunished is a very good axiom imo.

Yes thanks for that link. Can see why the U'S admin is sniffing around Redmoor.

Perhaps they'll get a visit from the Orange man. That'd put the cat amongst the pigeons.

When GEX gets to the point Penspen are involved (and hopefully running the show) things will improve greatly then?

Still find the below interesting. Wasn't it helium 3 find made Pulsar fly?

In response to recent investor queries regarding the potential presence of Helium-3 (³He) at Mt Winter and Hussar, the Company confirms that consultants have previously identified drilled evidence of exceptionally high grades of helium (ranging up to 9% helium) in the subsalt zones of the Amadeus Basin. While this is predominantly the more common Helium-4 isotope variation, previous reporting by the Australian Petroleum Producers Association (now the Australian Energy Producers) also documents the occurrence of the much rarer and highly valuable Helium-3 isotopic variation(³He).

Go read the presentation and then get back dug.

Trials may not be necessary here dug. Read their latest presentation from the charity that attended Westminster last week. They want the NHS to prove the test as they go along as they see the tech already proven.

Noted the 50mcf of gas and $800 figure. At 5% helium that'd give them 2.5mcf helium and at around $300/mcf gives the $800? Seems about on par with what he told me for prices if so.

Yes you were right that's why I shut up about the stock too. Must admit didn't expect the discount. Will hold what I have but won't top up. Better options out there imho.

Think you're both right in that what they've been planning is putting some of their fiat currency into BTC to protect its value.

That's been everyone's plan since the Treasury co's appeared in the U.S and flew but with BTC no longer looking like its going to $1M how many of these co's will change their minds and leave that fashion behind them?

Thanks Ashton, appreciated.

Bit gobsmacked at the no's. 30% of just the lower estimate of 1.5M BOPD is beyond huge for 80M and $25 for breakeven comforting with these lower oil prices.

Haven't had news on their other projects for a while either and personally expecting those to read positively too.

Not a sell for me for a while for sure.

Hope we get an update on both Leigh Creek and Cobra today but not sure I expect them to be able to divulge to much on either as they've stated there'll be no market sensitive news given out-not that's not already in the market anyway.

Will be there watching at 11 all the same.

Below from the RNS reads as if It wasn't just a modest grant. The project is being part funded and managed by the UK Gov with Cornwall Council being responsible for managing the project going forwards. This is a make the Gov look good project imo and looks to be a no brainer for planning etc just a case of being patient as the works are progressed.

"About the CIOS Good Growth Fund and UK Shared Prosperity Fund

This project is part-funded by the UK Government through the UK Shared Prosperity Fund. Cornwall Council is responsible for managing projects funded by the UK Shared Prosperity Fund through the Cornwall and the Isles of Scilly Good Growth Programme.

Cornwall and Isles of Scilly has been allocated £184 million for local investment through the Shared Prosperity Fund. This new approach to investment is designed to empower local leaders and communities, so they can make a real difference on the ground where it's needed the most.

The UK Shared Prosperity Fund proactively supports delivery of the UK-government's five national missions: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK."

ECR Chief Geologist Adam Jones commented: "The completion of our first drilling campaign at the Lolworth Project marks a significant step forward for ECR. We've confirmed the presence of gold and silver in multiple vein systems and identified several new mineralised outcrops for follow-up. The visuals are highly encouraging, and the Lolworth Project continues to show the scale and geological potential to be a major discovery in Queensland. With no native title constraints and close to 1,000 square kilometres of prospective ground, we believe Lolworth to be a project with truly district-scale potential."

Kinda make you go all tingly doesn't it? Lol.

Production well on the way and Lolworth...

" Successful completion of drilling at the Lolworth Project, confirming gold and silver-bearing veins at shallow depths."

Just what I wanted to hear. looking forward to the journey with this one.

I liked the update, couldn't buy the co. but was wellchuffed to be able to buy some shares on the dip.

Crossed posts soz and please note none of this convo takes away from the fact that the market is fearing a placing and so appears to be selling the spikes.

Pg 32 is pushing that view as a reason to re look at testing. They have 3 different tests listed PSE comes out well imho so happy enough there.

Also NICE guidelines show the need for a better test as even MRI and biopsies can miss clinically significant cancers that could otherwise have been treated.

From 1.2 onwards for limitations of current regime.

https://www.nice.org.uk/guidance/ng131/chapter/recommendations#:~:text=1.2.1,Advantages%20of%20undergoing%20prostate%20biopsy

Have you read the report?