focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The exploration period for block xx runs until July 2020 so I guess starting the drilling as specified in September 2018 will give matd the best possible timeframe of squeezing in all drillable prospects in this block, unless of course success elsewhere gives reason to appraising further prospects in SL / block v instead
Personally I can’t see Block XX prospects, gazelle and heron not being drilled in October and November as specified.
Great posts 2010pm and mikey30 as usual, is Donald leggatt the guy who suffered with constipation according to MR P on one of the previous interviews with MB late last year? It sounded very awkward
CS if you sell on no RNS tomorrow then I think you must be mad! As previously stated many times there is no specified deadline for block XX rig tender confirmation, only expected date. MB will have it all under control, we would all love to have seen the spud dates for WH and gazelle by now but just because they haven’t been formally rns’d doesn’t mean they’re all cancelled. Come on, the problem is you can’t see the woods for the trees and it’s the same for many on this board. Be patient and be rewarded. Those that choose otherwise will get hurt. I must say that a Tuesday RNS after the long weekend with good news after you have sold out would be quite funny. Each to their own! Let us all know when you’ve sold, what time and what price and then you will at least retain some credibility, otherwise shut up moaning and hold for gold.
Good post iamrich, it’s deplorable and quite desperate to be honest to slate the company and almost treat SL as a 100% duster! I pride myself on being an honest decent bloke who would never want to see anyone lose money in this risky business but to be honest I would take pleasure in receiving very good news out the blue and see you lose a lot of potential profit. Good luck to all genuine LTH and I’m still very confident about success at SL. Ronin Great posts re drill status, thanks for those. Good night all and here’s to a blue day tomorrow.
Ojay your investment will reap rewards, huge rewards please be assured of that IMO! Just how high we can go is dependent on success at SL and WH! Having met MB personally I am very confident in a positive result with SL drill due to his absolute confidence in the geology of block V and the positive comments made by BG prior to the shell TO. Why change falcon to snow leopard? There must be another reason other than falcon being lower recoverable resource than originally thought! Anyway patience is required, nothing has changed! Block XX drill award news due imminently with update and confirmation on 2nd block XX prospect. I have absolutely no doubt in my mind that 4 drills planned go ahead this year! MB is a man I can trust or I am more niave than I thought. Hang in there and I believe that all will come good. Safe sailing Paul ATB manro and keep the faith! 2010 PM, Mr P, Mikey 30, DM, SBB, MRF loz, CS and DBC thanks for all the posts They are most welcome to me the novice in this field. TA
Big sells being quickly absorbed by PI's in for the WH run up to spud at least, only upside from here IMO, failure on SL priced in so any strike will catch a few out! Drill bit 2000m down approx today so possible updates early next week, would not want to be out over the weekend. ATB all and have a great WE.
Manro good point, all the doom and gloomers had the perfect opportunity to pose questions to Mike Buck during the conference call, I presumed you all listened in as you are very vocal on this BB, and not one single question! MB was very enthusiastic about SL drill and confirmed any showing towards TD will be RNS'd to prevent being leaked. This SP is now at the low with potential news arriving within 2 weeks. Cheap as chips chaps! GLA
Fund - from the horses mouth today if there is a discovery MB will announce it as it will be leaked otherwise. He is advised to announce spud and advised to announce completion but upon a discovery he will have to announce it via RNS to avoid it being leaked. Testing rig is also in Mongolia now.
Anyone going to the investor presentation? I am in London anyway on Tuesday so popping along, Mr Buck will be there in person.
Please let me know here any specific questions you may have and I will put them to him if allowed.
BR all TA
Your buys are showing as sells limited access. Good luck with your buy. TA
Isn't a potential duster on SL already priced in? Surely all invested now are looking forward to WH! I can't see much downside on a duster from a SP that will probably be around 13p anyway with WH spudding soon after. This price for me is the rock bottom