Member Info for Peakybrum

Surely that rns and the deal now signed we could take to the bank and obtain funding or a jv partner of the bank of it rather than as mentioned a service provider

just hope end of june we're not faced with a capital raise unless i'm missing something

Anyone any idea cost for a EWT. for 3rd quarter considering we have our own drill

the cost for this as we are exploration and planning to prove commerciality comes at a cost which would always have been known

whether once done and proven needs then funds to go to production all stages understood by all investors half clued up

as lorna has mentioned we may then go to jv partners or other forms of funding or backing or banks

i've got no issue whatsoever with fundraising as long as the goal in place is on track

a huge reserve with 4.7 grade helium with no carbons

patience patience patience

good luck all

Seahawk i think your off target here and i'd say back off from brombarb

i've followed him over many years and even met once at the globe and found him to be honest and truthfull

and knowledgable and presents facts in an unbiased and researched manner

you i don't know

he's only said as many would agree with that lots of hurdles have to be jumped before there's any chance of a gas pipeline

we all are entitled to our views without criticism or being abused

Personally i don't think the government have to commit financially but support lorna on all legalities permits and approvals

once EWT. has been conducted and proved successful then funding will come from jv partners or industry big boys or even banks queuing to invest and lend

so much in the air but if proven believe this could be huge with clean carbon free helium

but still a gamble

roll on july

Hats off to you my friend balls of steel

In deep too but not like you

Defo know your gonna do well and as they say not what you get in at but what you get out at

In. Between is just chatter

I’m looking at mid $5 -$10 dollar per barrel . As per David’s grand plan So mid $7.50 per barrel

is £6 a barrel English

With 2 billion barrels. Is. £12 bill value

Now nearly a billion shares out there so allow double for dilution is 2 billion shares

So £6 a share

Not rocket science just how is ot

I’m happy with that

By 2027 as by then we’re producing and value is in place

Hi rob

Is that your opinion or fact

It’s been very quiet on here last few weeks

Seems even good news doesn’t hold water

Just need jv rns and funding confirmed

David mentioned being aware not to dilute completely but I do think we will have to do part also for the $150 mill

July is his timeframe to notify market

Lots going on behind scenes I imagine

Good post stas and it would be nice to get an increase with the report but I think it’s all about the funding of the $150 m and we’re farming out or doing a deal to be honest

All the reports in the world don’t seem to move us But in the wrong direction but it will be the money in the bank to implement the boards plan to cash self sufficiency

Then there’s no stopping David’s grand plan

Another box ticked in David’s plan

Keeping an unbiased view as a shareholder

I like to weigh up pros and cons and as pub crawl and others have posted this could be huge with the Oxford report and Lorna’s podcasts and rns huge billions

And as we await further testing results 3 rd quarter would like to confirm no institution has swooped in and bought us out or invested millions

Plus what is the negatives that could prove bad for the share price

All I can see is a small reserve possibly or a terrible flow test

But I’m inclined to go with th positives and the show we had was off its own merit coming to surface

Lots to look forward too but please all keep head out the clouds s and be realistic

No ramp or deramp intended so please don’t jump on me

I ve said before David coming on board

Has laid out a roadmap to 2028 $5 - $10 barrel and it’s massively

Important next step is 3 rd party funding and not

Dilution as he has promised or at

Least minimal funding

Having been a shareholder many moons ago in 88 I do feel for the shareholders many good people I met at meetings. At the globe Managenent must provide some sort of plan for the future going forward

Leaves me to confirm we do need David and our board to roll out asap our potential suitor and details of any deal for the $150 m plus so we can have confidence of no more dilution

Just waiting on the alphun rerate and I think we will then here

Aim listing and oil exploration

Two of the riskiest plays in investing lol

Great post older

And making clear funding to achieve cash generative will be on a draw down facility only and weighted towards end closer to cash coming into coffers

David Hobbs quoting over months talks with 5 plus suitors now down to one favoured source with agreeable terms I believe we’re nearly there if not already with a deal just to receive last 2 reports to cross t s and dot the I s

We seem to have again all the negativity surrounding a possible cash raise

And share price has stalled through non confirmation of funds to progress David’s overall plans Well for my pennies worth if I may

I’m happy to dilute from 944 m shares we are now at £318m and do 50%. Raising £150m and shares then 1.4 b out there

Fully funded then of the $120 m needed to be cash generative with $30m to clear loan we have still exsisting

We’ve been told kodiak oil is at 1.25 b and alphun shortly at approx my guess 750m. Totalling 2b barrels

This being a conservative estimate as David confirms higher figures being 4 b

All now ours. And no deal done to third party

David’s objective 5-10$ a barrel

Playing safe $7.5. Or £6 equivelent at 4 b barrels

£24 b. At 1.4b shares

£17.1 per share.

For arguments sake half that so £8.50

I’m still happy with that

What do you guys think

Early July hopefully finding out whom the company is and what the deal on the table will be

But listening to we inar David confirms figures mentioned are well in excess of finding needed to get to cash sufficient $120 m

Also any monies raised would be nice to pay off the $22 m outstanding loan too ???

Without any form of ramping

It all seems Very positive for company to be pushing forward with design and awarding contracts to companies to design and look to build production facility

Increase their in country team whilst pushing on with licences from exploration to production with Tanzanian government whilst still having to carry out ewt testing and understanding resevoir parameters and flow rates

A lot happening behind the scenes

As helium flowed pure at 4.7 its hard to equate against any other helium producer

All info appreciated and views

As stated early 3 rd quarter is timeframe for ewt so not to. Long a wait

My take from webinar was it wasn’t the loss of a potential vendor but the whittling down by the company of a preferred one and advanced negotiations nearer completion

Once final cpr s have come in and confirming total barrels of both alphun and kodiak fields

Also David mentioned figures being discussed by vendor financing is in excess of figures needed at ground floor $120 mill bringing oil to market and being cash flow sufficient

We all read things how we read them but let’s be clear honest and transparent please

I’ve read over the weeks as I’m sure many others have many posts from roger jolly yours and many others incl shareguru all both positive and negative

Also watched all rns news flows and podcasts and being a non professional and no industry experience feel a very positive vibe coming from industry and Lorna which you would expect

If independent analysis as promised and sub surface modelling could be provided asap then a cash raise I can’t see as a problem with with plans to carry out a ewt and then possible suitors throwing their hats in the ring whether full buyout jv or off takers and vendor deals

What I would say and keeping an open mind is the two sides of a coin

We know 4.7 helium show and hydrogen to surface with no uplift and flow

Playing devils advocate what is the possibilities of it not flowing commercially a trapped zone showing only and not a reserve or other

Only so an informed balance can be addressed

For potential investors

This said I’m happy with

My gamble as that’s what it is as is aim and I have trust in Lorna and the board

Good luck all

Hi all

posted earlier a few times tonight

Congratulations to all from me and other pantheon well wishers

Our ceo jay will I’m sure issue a rns saying as much

Long way to go from here but do enjoy the news now

Well done to the old crowd

Mickey Mr martini And all the others from our globe and brewery meets a lifetime ago

Il be raising a glass to mr balinski tonight

All the best from me ( blingybird ) and my missus

Lots of negatives re fundraise

But didn’t the last £4.7m get raised.after the drill was completed and 4.7 helium show reported

So the raised sum has not been allocated yet to ie extended well test and so no more funds needed until this has been completed but if so a raise is needed it would only fortify and advance our huge realised.asset and push forward to interested parties to invest or purchase us outright