Member Info for Skippysb01

There are other options. Desert Eagle is being mentioned. Maybe tis outfit would have funds immediately available.

HEX - not as local but they do say they want to explore buying other projects? They would need to raise I think but that's exactly what they did when the bought 50% of the current Bluestar project. So they could be quite nimble?

Bluestar SP goes ups and down 16% most days. It has practically no volume at all so you are just seeing the spread. They would not have been able to progress on their own Colorado drill plan without HE1 funding half of it. IMHO if it was Bluestar they would have issued an ASX yesterday because they have to as per Australian regulations suspend trading in anticipation of any ASX announcement - maybe tonight?

IMHO it could be HE1 - hey have form for this i.e the Bluestar deal above.

BUT I am speculating like everyone else!

Do Blue Star have funds? Unless it's not a very big offer?

Could be HE1 - would need to raise? They already bought significant production rights and invested in drilling for Blue Stars current Colorado effort.

HEX?

Is the work oner rig still at Linda?I would have thought it was not now. Think they used it for the perforation stage because you need it to get the explosives tubes down the hole. I couldn't see it in the latest video.

There are no penny sells and if there was - penny sells, or penny buys for the matter, do not impact the SP.

Could be Kaeren, I'm not sure how the lab testing works but that makes sense..

My understanding is that the assay testing itself does not take long, but there can be a backlog at the lab. These labs do all sorts of commercial testing.

... is it makes the pipes colder and condensation in the atmosphere will freeze on the outside of the pipes. I think.

Kaeren. I think he is saying literally frost. Sounds like the gas is colder if it is released from pressure when it has low water content?

If you open a can of gas the output is very cold when it is released from pressure. I used to live in a pub and can attest to that, opening a cylinder of gas can freeze your fingers.

Ihavenoclue. That's how long the flow testing is expected to take for each well. From the RNS:

'Testing is expected to take approximately ten days on each well with results to be announced from each well separately once helium assays have been received.'

So it's the helium assays turn around that we don't know. Wondering if anyone has any insight on how long the lab will take to process the assays. Not easy to tell from earlier tests.

Anyone taking part in the retail offer?

How long do we reckon for lab results. From the day the lab receives the sample?

Duster - Don't change the subject. Your words:

'Your as thick as most on here no understanding of anything at all' Back it up up shut up you big baby.

What is it in my post you don't agree with? You don't know the value of MAKO either do you! Because NOBODY DOES!!!!

Duster. You don't know do you... if you did you would answer the question.

Also - I'm no stranger to emailing or even speaking to a company. There is zero possibility they will provide an answer to the question because it would be market sensitive data unless it is released in an RNS.

I wasnt trying to upset anyone. Read what I wrote. There is no chance of the SP getting much away from .45p whilst there is a fund raise happening at .45p. After that - then yes it can move again.

There is risk right now due the to the fund raise taking place just before the Billy Goat results are known. What do you think the SP will be if Billy Goat is not commercial? Good result - then yes we could be back at the races.

Medjed. That's interesting and useful.

And supports my view that we won't know until we see production numbers but it is likely to be millions.

Still waiting to see Dusters numbers because they will be spot on. Apparently.

It won't move up whilst there is a placing/retail offer underway at .45p.

After that and with goo Billy Goat results - then yes it can move up. If.

Duster - you sound nice. Maybe you can answer your own question then. Don't be shy - let's have the numbers!

I would certainly benefit from knowing what MAKO is worth to EME. So I'll be grateful for that.

Dusterinmong. No cannot. Insufficient data. It's likely millions but all dependent on what production levels are in real life. Others have suggested values previously.

To be fair to those pushing MAKO as the saviour for this company. It does have that potential. It all depends on whether EME can keep going into 2026 and realise those benefits without having to give up the 8% benefits because they are behind in payments to Conrad. All very messy.

EME doesnt seem to have any other prospects following the Wilson River duster.

Probably can get a cash raise away based on the potential value of Mako. My small investment here won't be worth a weeks shopping by the time we get there. All my fault of course.

All depends on whether they have working capital + enough to pay Conrad the cash arrears for Dyung (Mako).

Having said that - Mako production plan is for 2026. It's quite a long stretch to get there to realise the benefits.