Member Info for rp6577

I think it’s a blinder of an opportunity at these prices. Weigh up the chance of discovery against the multiples we will get upon discovery. It’s a good asymmetric risk play in my opinion

Hopefully trend back up towards 0.70 now

I was looking back at the CPR report and in their table, they set out the COS at each depth level. Essentially 5 levels, which they give each a 14% COS and one level at 10%. If they were independent shots at goal, so to speak, that would equate to a 66% chance of one shot being a success (1 - 0.86^5 x 0.9).

Wondering if that’s a fair evaluation of what they are saying

As we’re just a few weeks out, what are people thinking as to the actual COS? I know previous analyst reports have thrown numbers out there, but they are also super prudent generally.

I would be interested in everyone’s thoughts. Are with thinking 50:50? 35%? 25%?

Eramet share price recovering nicely as they are reopening their mine. WBI share price should follow

I’m not worried. Looks like it will transition peacefully

The share price is going to rip from here. Enjoy!

Hopefully this is the start of the exciting part of the share price ride. Anyone who got in below 7 recently should be very happy. We won’t see those prices again

Last time it went from 7 to 28 in the space of a few weeks. A crazy rally pre spud is not off the table.

Sawmill located in Mouila, so a good distance from Libreville. Therefore, one would hope immediate operations should not be significantly affected.

Can’t see anything. The volume is tiny, so may also have something to do with it

Didn’t see any of the large block sells today, which is good. Even though will still had a down day. I think buyers will want to have seen that seller gone before committing further funds.

Looking forward to positive RNS which should arrive any day now and kick this back into gear

Looks like they are talking about a 5x move in the share price if they announce a discovery which is commercial.

That was another 1.5m of worked sell orders today. Huge amounts have now been sold over the last week or so. I think it’s actually quite impressive that the share price has held up as it has.

Looking forward to when the selling stops and we can start to see some good positive movement again

Can’t wait for this seller to be done. Just pinning us down at the moment. Wish I had kept count of the late trades being recorded. Must be getting up to the 10m or so level having been sold now in total now?

I was originally thinking we would be far higher than we currently are. I’m still not writing off a good move pre spud. However, what I am now beginning to plan more for is a drill and initial helium shows. We know there is a lot of helium down there. I feel that the odds of ‘helium shows’ is quite high. I feel that an announcement of that nature will cause a significant rise (which may also play into fundraising hands) Therefore, I’m thinking of holding more for longer

A good amount of sells but being equally matched by buys today

Those buys last week are going to look like gold dust pretty soon. I think we’ll be back above 9p very quickly and last week was just a nice pull back

Lovely move this morning. Hopefully not long before we are testing new highs again

I should also add that I do think it is also very odd that if you have no position, why someone would have such strong views either way.

If you’re short then cool. If you’re long then great.

If you’re nothing. Perhaps go outside for the day

People should also remember that comments on this board really do not sway the price movement. We could have all been ramping this last week and the share price would have still gone down. So unless you’re keen for a discussion to help you understand matters or aid your own decision making, you’re wasting your time

I think the view of Louis is too much the other way. I agree they are very keen to keep the lights on.

However, if they really don’t care about shareholders, then they could arguably just raise after they drill and in the event they hit a duster. They’ll still be able to raise the money but just at a very low price and diluting existing shareholders heavily. But the lights stay on in both circumstances. So I don’t think a complete disregard for shareholders actually furthers your argument of an imminent raise. They are essentially indifferent on that basis.

You also need to remember that they do have a lot of share options, so they still do want the share price as high as possible with as little dilution as possible.

The rampers and the derampers are all slightly too extreme here, in my view. Both polarised views which make strong comments which to any independent person, is littered with holes