Member Info for panman

See what happens today. Pretty much D/bottomed yesterday with Dec's intraday low was that enough to see off the sellers?

Tell you at 4.30.

From recent posts if gold grades do increase again here's going to be a lot of disappointed pi's who sold this bottom.

Expecting GLR to hold back reporting if they can til they have some good news on grades/pits almost hoping they won't have any for others sakes.

Not necessarily disbelieving Burt but can't find anything to back up your claims and co. give this..

"The Homase Mine was discovered in 1998 by Shea Gold LTD, it was acquired by AngloGold Ashanti Corporation in 2000 and brought into production in 2002/2003. The mine produced 52,500 ounce gold at 2.5 g/t. The mine was abandoned at the gold price fell to USD275/oz and was not in the portfolio when the merger with AngloGold Plc went through. GoldStone Resources invested in the property in 2010"

Gold price dropping to $275/oz confirmed on 100yr chart here just untick "inflation adjusted.

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

Think myself this statement from Feb is the main issue..

" Lower-than-expected ore grades in the final stages of the Pit 2 of operations, which is nearing the limits of the oxide ore, are currently impacting final gold production volumes, however operations will shortly be re-entering the higher grade Pit 1, which was placed on hold in 2023 due to the now completed relocation of a stream. As such, mining operations will re-commence in Pit 1 within a month, where expected grades are 1-1.2 g/t, which with increased stacking and the continued improvement in leach kinetic rates is expected to facilitate the achievement of our production target over the coming months."

Until they RNS that that they're now working higher grades again no reason not to expect disappointing no's going forward esp in the next update.

Can see your concern researcher but don't see these weekly injections making other weight loss products irrelevent.

Competition doesn't do that unless it blockbuster and simple imo. These injections sound like yes they'll be popular with some but not all.

Wonder what the board here thinks though? No bias intended just if over weight would you trust vaccines that suppress your appetite and be happy administering?

https://onlinedoctor.superdrug.com/mounjaro-vs-wegovy.html

With respect Fr the default position is to keep extending. To move away from that would require a change of policy from AIM. Was asking why peeps thought that should happen after 3-4 years of negotiated settlements.

The only requirement I've seen AIM ask of GRL is that they one day will be able to pay back the principle?

That's not an answer FR that just negative speculation. They've been able to "call it in" for 3 or 4 years now and haven't they've continually extended.

Anyone else?

Haven't had chance to read the whole thread yet, will do now but given the gold loan was taken out in June 2020 with a fixed 15 month maturity date which has been extended continually ever since why is it thought AIM will call it in end of year?

Thanks legal and just to say everyone should learn the basics of charting esp our Brent..

https://www.youtube.com/watch?v=gGjiHK1tRa4

Thanks for the no's G G G. Thats actually inline with HEX's Linda 1 helium production/revenue too. HEX stated ..

"At conservative sustained production rate of 2,000 Mcf/day raw gas, 1.2% helium grade, and a helium sales price of $500/Mcf, production from the Linda #1 would generate pre-tax cashflow of circa $4,000,000 per year, in line with base-case modelling, demonstrating the scalability of production at Rudyard and robustness of our economic forecast."

and they came in with....

"Flow rates sustained at 3,850 thousand cubic feet per day (Mcf/d) of raw gas at 40/64" choke which is 40% above the flow rates reported at Darwin."

So if these can sort the fines then should do well from there.

Noted they highlighted the positive wellhead pressure end of RNS but sounds like they haven't found a way to deal with the drilling fines issue yet. Hoping "ongoing technical advancements" will save the day flow wise?

Agree one to watch but cautious til they state the fines are removed as downhole issues can be expensive in the drilling game

Took a few more too, comforted by the fact weil 1 flowtest appears to have started without a hitch.

Took it you meant my comment richar, apologies if not.

My reasonings simple really 20-28p looks to have been a range set last Spring Summer and stock looks to be trying to re enter that range now. RSI looks a trifle overbought to me and a bullflag'll often sort that out.

Not bearish as its passed the 200dsma with ease and newsflow is consistently positive just a comment after a cursory view of the chart after checking on this "gap" debate.

Advfn charts have the gap filled 12th Dec on fairly good volume. Still agree 20-21p should be hit and held as bottom of a new range just wouldn't be surprised to see a bullflag first as we await next drill results.

Mol did tom state where he bought this "conscience" and did he quote a price? Asking for a friend.

Quite the diverse co really..Helium, hydrogen and possibly down the line oil..What's not to like whilst they're still on the discovery path?

Thanks martinu, appreciated,

When do these report sales? Find these interesting, esp with the placing for U.S ops. Would be good to know when to expect sales news though.

Thanks troajan, decent interview. Find the added production due to the well producing better than expected interesting.

HEX state they need 2000mcf at 1.1% helium for their $4M/well but Linda flowing at 3850 odd sounds like they nearly double predicted cashflow at $500/mcf helium or should helium price drop will still make their $4M/year at much lower pricing?

Comforting if so.

Agree excellent update, couldn't have asked for more from Linda and now back to weil?

Thought this....

"Based on cumulative flow data, lateral extent, and undeveloped drilling inventory, Helix believes that the Rudyard Field could represent one of the largest new single field helium discoveries in North America in recent years."

Very promising. HEX looks like a buy and hold from here and none of us are even discussing the oil bonanza to come yet..lol