Member Info for reggie72

pity the farmout deal is still 3 months off if successful?

plenty of buyers though but then again action due to start September. back to back drills

sadly not, quite a few million sells at about 0.5p now on isdx

expecting the standard delay rns now, typical boil. first q2 then q2 q3 then q3 now likely q4

that is the point miller - coal is booming NOW! by the time this lot get their finger out it will probably be in reverse and then comes the usual BS. What are they waiting for?? australian government is supposedly very supportive and yet having known about this strategy what for a year+ and are still stuck idly doing nothing on the ground.

to make the point clear COAL IS BULLISH AT THE MOMENT!!!!!! so come on make it count, strike while the iron is hot please

already had to wait a long 3 months to august for permits so where are they?? nearly sept now!
in the meantime coal is bullish and this is sat doing f all (same old anr). they will probably get it moving when coal crashes and then they tell is it is uneconomical!

yes BUT bottom line is the stock has lost 60% of its value since NL took over. Despite all the 'progress'

expects the gas to be flowing again 'very quickly' at minimal cost - music to my ears!

The last placing was oversubscribed at 0.5p including director buys so anything below that given all the 'progress' they have made will look thoroughly incompetent. As you say drilling is fully funded so lets see where that goes first as it is overdue now.

looks like we are in for some wait yet, reason for no updates imo.

placing at what price and dilution?. could do with an aex type of farmout deal, $35m worth of carry and retain 25%WI - simples.

exciting times, next few months major for this business

huge few months for aex 55018!

5m dump at 0.55p so our seller is still offloading with c170m to go.

looks like a very period from now until year end across the portfolio and backed up by a monster FO deal with $105m in carry! No more dilution for years is the biggie with substantial increases in revenue marked. surprised not closer to 4-5p but await final FO completion this year. further drill carries another big plus.

yes sellers everywhere but this one tops the list on manipulation. expecting drilling news any time now.

blimey wasn't this around 4p the other week?, thought the FO news was very positive especially the carry and revenue forecasts - no more dilution for years and scope to buy new assets.

demoralising invested in this. what f'ing motive is there to sell here?. do these ****s know something? if they do we will know soon and they will need to explain themselves.

with drilling due to kick off imminently then Altona are due another big milestone for news. Watch this space, come on NL get the rig moving.