Member Info for pawnsacrifice

They want to drill again later this year. can they do it with current cash levels?

Should note in the RNS,,

"MOU-1 drilling operations were completed and a cemented completion was run whilst the well is being evaluated. "

From Wiki..
"Well completion is the process of making a well ready for production (or injection) after drilling operations. This principally involves preparing the bottom of the hole to the required specifications, running in the production tubing and its associated down hole tools as well as perforating and stimulating as required. Sometimes, the process of running in and cementing the casing is also included. After a well has been drilled, should the drilling fluids be removed, the well would eventually close in upon itself. Casing ensures that this will not happen while also protecting the wellstream from outside incumbents, like water or sand.[1]"

Are we sure its a duster not a future producer?

Thanks AJ appreciated.

Oh well in that case.. AJ's how the drill going?? lol

Didn't realise it was 5% to call a GM thought it 10%? Learnt something new this a.m.
Didn't they only have a few peeps bother to vote at the agm that's why such a high percentage to oust him?

Didn't realise we had any quality UK newspapers thought they were all agenda driven in some way or other?
Do you have a link?

Cenkos updated this 16th June after the LMT purchase. They were predicting revenue of $61.5m and adj PE of 32.4 at the then share price of 188p with $25.4m in cash.
If that's hit then they're looking pretty good value imo at this level imo.

https://www.cenkos.com/research-portal?#/portal/cenkos-securities/

and we know they've done ok first Q from their finals..
"First-quarter trading in line with expectations and above same period previous year and the preceding quarter"

Interesting but they had a profit before tax of $7m 2020 which was quite a jump.

"HEIQ had profit before tax of $1m in 2019 and grew just ~8% YoY."

As you say or rather imply next no's will be worth an early doors look.

Floated 07 December 2020 at 112p. Was looking at the Jan move up on the chart and got distracted.

These floated at 112p jan 2021
From their initial RNS

"Admission to Trading and First Day of Dealings
· On Admission, the Company will have 125,891,904 ordinary shares in issue and a market capitalisation of £141 million at the placing price of 112p."
https://www.investegate.co.uk/heiq-plc--heiq-/rns/admission-to-trading-and-first-day-of-dealings/202012070800016760H/

I bought around 130p on the rise up and kicked myself for selling too early as its move was stellar.

advfn charts are showing a low of 118p just after float. Had a few myself at the 130p level and got 30-40p of the rise then lost track a bit.
Getting interesting but keeps closing on the low of the day. Hope the turn comes soon for the holders.

Interesting Lancygeo, thanks.
There was another link of it too showing tacit acceptance of the need for gas (from the author at least).
Some quite large cracks seem to be appearing in the no LNG policy.
Noted below the qualification that most gas is non fracked so the Ministers fears are unfounded..

"Fortress’s move followed Energy Minister Eamon Ryan’s declaration that it would be inappropriate for LNG projects to proceed here pending the outcome of a review of Irish energy needs.
He fears that an LNG plant would mean imports of gas produced by fracking, a controversial drilling method opposed by environmentalists. In fact, conventional drilling provides much of the world’s LNG. Gulf state Qatar is the world’s single biggest supplier, providing 107 billion cubic metres in 2019.
Any energy review is likely to conclude that we will continue to need gas. The fuel generates 60 per cent of the electricity we use. Even as we increase the use of renewable power, we will still need it to anchor the system, particularly as electricity demand continues growing."
https://www.irishtimes.com/business/energy-and-resources/state-wants-to-attract-data-centres-but-is-unsure-about-the-gas-which-powers-them-1.4606142

except not expect. Apologies.
Would be great to have a 5 min edit function here for spelling errors.

Yes lies AndroclesB in the end its all you had left expect an apology and that silly database you don't have the gumption to read is a list of hundreds of peer reviewed papers on very many different plant species.

I was merely dealing with Pawn’s assertions that elevating CO2 was generally beneficial to life, and then his implication that because submariners could deal with elevated CO2, it is always a good thing.

Please don't tell lies about me androclesB I didn't imply anything of the sort I just used the submarine analogy to show the silliness of your post claiming that we were anywhere near dangerous CO2 levels for animal life.

"Simply increasing CO2 levels does not necessarily result in increased plant growth."

Agree in principle Kasjnaton but in very many of the peer reviewed papers listed many of which i read as they were published then posted on the unloved coal site it was shown that elevating CO2 levels increased plant growth and harvest considerably in varied temp conditions.
Elevated CO2 levels have also demonstrated the ability to dramatically cut plant water use and efficiency of.

So you want to get rid of oxygen? and I thought the greens were extreme!

No not at all just a comprehensive answer. Something you do not have as your argument is fallacious.

Reductio ad adsurbium.

02 is toxic, so perhaps we should get rid of that?

Insults just show you've run out of argument Passer.
re CO2 with humans submarines apparently regularly operate with ambient CO2 levels between 2,000 and 5,000 ppm and CO2 levels in our lungs reach ~40,000-50,000 ppm, which causes us to inhale our next breath.