Member Info for PatShare

Hi, see the same few names occasionally posting here, not much happening it seems although some reasonable trades today.

SP hardly seems to move much, makes me wonder why anyone makes any trades here at all or how they make anything from it if buying/selling?

All very odd. Mind you, stability not necessarily a bad thing, you should see some of the sh*t I'm invested in... sorry, gambled on ☹

Time running short if Harry is to get the financing signed off in October as he had hoped and suggested, and then only November and December left in Q4 to begin drawing the finance and commence major works.

If nothing happens by COP next Thursday surely he will have to RNS to explain the delay.

Not looking forward to that, only hope the news if any isn't too bad.

From explorer to producer.

Disappointing price action today considering PM now pumping actual liquid oil out of the actual Mongolian earth, not quite the transformative event we were all hoping (praying!) for. Yet.

Hopefully the next week or few will bring positive news re. flow rates, Heron 2 etc. and start the re-rate this deserves and we all need.

Thank goodness it wasn't bad news eh? Was it? No, pretty sure it wasn't.

😕

@ The.Crowman - for the same reason you can't mention S****horpe.

Over-zealous filter.

Richar - equally charming. I'm not sad to see SP rise as need 3.9p here, guessing some need a lot more than that, just tired of people stating 'will be 3p when X happens' like it is a fact. It isn't.

McNol - charming. Been here a good few years, simply fed up with posters posting pointless noise.

Just saying.

Endless speculation and guessing where the SP will go when X, Y or Z happens - totally meaningless, wrong more often than not and so frustrating.

Maybe just wait until news arrives and the SP does whatever it is going to do instead of wasting your own and everyone else's time?

Makes me sick.

So, this is where we are now as I see it.

HE1 must submit the ML application by next Tuesday.

They may or may not RNS this but if they do it may or may not contain any more information than we already know, and it may or may not contain the word ‘commercial’.

If they RNS and say ‘commercial’ anywhere within that we all expect the SP to rise, but no one knows what it could rise to. My guess – and it is only that – is that it could spike to anywhere between 1.4p and 2p. No one knows.

It will then likely fall back because as we know it could be 3 months before it is approved, or not of course. In either scenario news could come sooner or later than 3 months. It could mean 3 months or more of SP drift.

We do know they are fully funded until mid-25 with regard ‘keeping the lights on’ and we also know that if the ML is granted, they will have to go JV or debt or sell out for Itumbula to move from discovery to production. HE1 have their own rig so could still oversee ops and drilling the development wells as part of a JV, similar to what Blue Star have just done with HE1.

What we don’t know is if Blue Star will progress as expected, what the actual revenue from that will be and how that might affect the HE1 SP.

For any LTH with an average anything over 1p this is going to be a nervous wait.

Good luck to us all.

5,905,710,763 shares. Just as well be 6 billion for what difference it would make.

.... is an anagram of MONGOLIA.

Probably what MB and the BOD's call their annual meeting!

😉

Yes, LSE site still hasn't updated the last 590,000,000.

Total share issue is 5.91 billion.

And the interview just confirmed how positive it actually was.

Yesterday's drop made no sense and was completely over done.

Let's see this back up to a more realistic SP, whatever that may be.

Today's RNS had results of both intervals tested and also stated "a short co-mingled test of both intervals was conducted".

It's all there. I think. Jeez, doubting myself now, need dinner.

Blue Star requested a trading halt before the HE1 farm in, why have they requested another halt today?

Sorry if I missed this earlier in the day, been a fair few posts on here.

If that 25,000,000 trade is a buy then that is a bold and confident move by someone who expects to make money, and my guess is not just 2 or 3%.

If it's an out and out gamble then they are more stupid than me, which to be fair doesn't take a lot.

Only time will tell if it was knowingly confident or bloody stupid.

I read the RNS before 8 this morning but didn't have time to digest it fully as had to get to work.

I was relived to read the words "pleased to confirm a helium discovery following completion of its extended well test" and thought 'great, they've declared a discovery, I might just get my money back'.

How wrong I was, for today at least.

Clearly I am a buffoon, and now I'm damned if I sell (massive loss) or hold & hope as it could drop a lot further, damned if I do and damned if I don't, afraid to stay in and too frightened to sell up just in case.

Real Catch-22 stuff.

I think I'll hold for now, hope for some improvement tomorrow.

I see they have shelved the further buyback at the AGM. Not sure what any of this means for the SP or long term future of LDG.

Still watching.

@ ALiverpoolgent - what a lovely post! Been on HE1 most of the day as invested there (wishing I wasn't) and just had to read loads of childish abuse and nonsense!

@ dai2belts - like a school playground-cum-bombsite here today!

You've been here a long time, a lot longer than me I think, what's your take on where we are now? And where do you think this might go short term?

It seems HE1 are fully funded for now, at least won't need any raise to keep the lights on, and production was always going to be a different ball game requiring a JV, take over or MASSIVE raise; HE1's ultimate goal was to be a producer so only time will tell.

PI's that bought in less than 1p - 2p probably all done ok. Some posters on here should spare a thought for those of us that bought in when this was 10p-11p and haven't been able to average down as much as they would have liked, and are still deep underwater here.