Member Info for Sir_Hector

Well the work programme might appear slow but remember Hussar is in the middle of nowhere. It’s 150 miles from the nearest anything and that is a remote outpost. Getting equipment and materiel there will take time. The airstrip will allow people to come and go a little more quickly once that is re-established. I think the timing is realistic at least which in my view is good. All the indicators are that Hussar will be a great success so it will be well worth the wait. Hopefully that will provide time for the market to respond and re-rate accordingly as the milestones are ticked off the to-do list.

There are two factors in play, progress towards the drill of Hussar for which we have a timeline to Q3’26. And, also any further developments with Mt Winter/jacko bore etc. I think we’ll see solid progress each time there is more evidence of physical progress on the ground. Maybe hitting 25p by Q2 as long as there are no hitches. It could go higher with further good news. I think there will be a big run on the run up to drill in Q3 on the back of speculation on the outcome. If the news is good and the gas flows as predicted I can see this going over £1. After that it all depends on the reaction of the markets and potential large investors. It could be that everything sits tight until there is a revenue flow, or on the basis of the fact that the first egg produced a bird, the market could go crazy on the basis that there will be more hatching.

HL have the price at 7.5p

Really hoping this sticks because if it drops again I’ll want to top up and I’ve no cash and nothing to sell!

So many people trading for a few £100s having made 20% cash out. Not holding becomes habitual, the fear of losing being greater than the will to stick. There’s big money to be made by the patient. There are already institutional investors involved, very shortly new ones will come in and start hoovering up the free float stock. It’s will be interesting to see what happens when this makes 20p, will there be a further wave of sellers happy to settle for a 5 bagger?

Swervs, nothing confirmed yet agreed. However when it is this will be valued in the billions. There is significance science behind the belief that there is a lot of gas to be found, but until it is then it’s informed speculation. However, we now have big companies involved and things are starting to happen. There will be growing interest in progress and that will encourage more to want to buy in to a slice.

Finally evidence of boots on the ground activity. So much negative speculation which will ultimately only be dispelled by hard evidence of progress. Even when an agreement has been announced by both parties there are some demanding to see a wet ink doc before they concede. This stock has had the @rse traded out of it for months and every step forward has been greeted with a barrage of negativity that has sucked the SP down again. Please let this end soon!

So spelling poor but facts correct? dates from your last two posts:- 20025 and 2921

Going to hold for the dividend announcement. Confidence in this stock seems to have no ceiling atm. Good results, merger decision and dividend announcement may add fuel to the fire. Miners really going well.

I love the fact that certain people here are so on the minutiae of any deal and pick up on any potential indication of a commercial ‘chunk’ yet are completely unconcerned about the quality of their communication. It takes just a few seconds to re-read before posting yet there are serial offenders here who blather utter nonsense made worse by spelling and grammar errors. If you have something important to say, at least make the effort to say what you intend or we’ll just laugh and move on!

‘Proof of ducks’ Bjet? Are you quacking up?

Missed you like a hole in the head Duds!

My sell target was 6,750 but I cancelled the sell order as this just seems to want to keep going. I’ve put a new one in at 6,800 but am thinking 7,000 could very well be on the cards. I suspect we’ll see a sizeable dip with the dividend but I’m torn between holding and taking the profit.

True but I didn’t want to be accused of ramping!

I should add that the CP share take up anticipated by the end of the year should be incentive enough to make the timeline work. The sooner the SP gets to solid double figures the sooner doubts over funding and liquidity will melt away and we could all do with a break from those spouting on about an imminent raise.

Well there is a quarterly timeline in the RNS for the Hussar activity. I’d expect to see news of orders for long lead items and the drill rig selection in the course of the next six weeks or so. After that we can possibly expect to see evidence of boots on the ground activity, I’m sure there will be pics made available when appropriate. And then from June news of progress and rig status right up to drill. States ambition is to complete the initial drill in Q3, although by this time the winter weather may have impacted. I’d hope they have this planned in.

And, on top of all that there are the workstreams relating to Mt Winter prospect and the Jacko Bore etc, which should provide plenty of opportunities for positive news releases. I’m sure AH wouldn’t have teased the likely news streams if he wasn’t confident they were going to be forthcoming (although there are some on here who say he can’t be trusted). I fully expect to see the value of the company index up at each release as confidence grows. If gas flows from Hussar in the predicted manner by the end of Q3 then I expect the MC to hit £100m

Nice, sadly wasn’t me. I’m all in already with a slightly lower average. Good to see some more significant trades, too many piggybank raids tick over with no real impact. Hopefully a long term holder so reducing the float by another mil.

So although there are 48.73m shares in free float, I reckon half of those are not being traded. I know Miker444 has a sizeable holding as do Pompey and A Bomb plus myself and a few others. That 10m of the 48.73! I suspect that at each step there will be some selling out but more choosing to sit tight. Shares are very much in short supply now at this price. I suspect the dips are the MMs trying to trigger sells.

Miker, where do you get the 55m free float number?

So I suspect those who bought in at the bottom will either have cashed in their profits or decided to hold tight for the ride. That will further reduce the availability of shares to meet demand, this should force the price up. Now I know it’s not SP but MC that determines the value, but availability will restrict price movement and I can see us takings a few days/weeks to get to a reasonable MC for the current state of play.