RE: HEX/CLINK interview4 Feb 2025 17:30
Imo it's uncertainty on Clink1 that's holding us back, inspite of an amazing Rudyard. I believe many investors will hold taking positions because Clink1 hasn't been good so far and more negative news is possible which will take us down again and wipe out any new longs for a period. I've fingers crossed Charles is going to come good but it's binary. Amsden not good, Flathead could be left now, and we didn't get down to the precambrian at all, inspight of a bigger rig, which I found a bit confusing. When you read the Hex website too, it mentions the historic drill at Charles was low flow when tested. Hope that changes with stimulation. Low flow's alright if you've high He%, eg like Jacko Bore 1 for Central Petroleum (530mcf/day at 9% He). Fingers crossed for Charles though as I've a fair holding here now.