Member Info for THE_CHAIN

Think they are one and the same Bliss, the nepa approval is part of the federal permitting process. The application date is to do with when we submitted the changes to our original APD to include the new lateral, made possible by the acquisition of the new acreage. 24/08 was the day before we got the last RNS. As for the other wells, it's seeming doubtful considering we don't even have state approval for 36-3 yet although the APD has been lodged with utah oil and gas and bond paid. I'll be happy if we can get 16-2 tested and tied in, same for 36-2. That alone could treble our current BOPD and will add to our 2p resources considerably.

Thanks for the replies all. Especially bubble that is indeed enlightening and a good bit of research!

Anyone else got any idea what CH meant when he said long lead time items with regard to 16-2?

Personally I think the share price would be an order of magnitude higher if we were not being plagued by these industry wide shortages. If we had all of the necessary permits in hand and had awarded a rig contract, which let's be honest we all thought would be done by now, I think we'd be flying. Its also unclear as to how we progress with 16-2, I've re-read the latest rns several times and have noticed how they now state the extended test is to be delivered in Autumn, not specifically September. I'd really like to know what we are waiting for in this regard, it's not the crypto mine, it's not permits as I can't see any that have been applied for on either the utah oil and gas site or the blm, so what is the hold up? I noted CH referring to "long lead time items", some clarity on what these are is needed I feel. Still no response to my email asking for clarity on the matters, so hopefully we find out soon.

Lol the share price has never been as high as 9p looking at the 5 year chart. Travis is just another chancer trying to talk this share down.

So you've been here since the share price was sub 1p and you are 90 percent down....just sounds like this investment game isn't for you Travis.

https://eplanning.blm.gov/eplanning-ui/project/2021225/510. I think this is it bubble. Still showing as in progress.

This week was not all bad, and there has been some definite buying again. Although I suspect it to be traders trying to time the market for news, they will be right one week soon. Hopefully news on 16-2 and 36-2 encourages some of Panmure Gordon's clients to take the leap, their presence is yet to be felt.

We'd all be rich already if there was such a thing as someone who could forecast share futures with absolute certainty! Completely agree Ren, as soon as we get an RNS clarifying the future of 16-2 and the permits and rig contracts for the others we will begin to re-rate significantly.

.....I'm not seeing the problem then if he's being upfront....

Not that I'd ever buy shares because a stranger on the Internet told me to but I have found malcys insights helpful. Even if he does get a bit too rampy at times. Jaytee, how do you know he's not invested out of interest?

Glutton for punishment IG I suppose.

Certainly seems to be a few buyers about like you Tucker.

Bliss. RB was being sarcastic, no way did CH tell anyone that an RNS was coming, that's market abuse.

As for the permit, we are waiting for federal approval and I would expect to get that this month, my gut feeling is late next week after reading through the permitting process. CH has said that we will be getting a detailed plan once that permit has arrived, so hopefully things should be much clearer and easier for the market to digest moving forward. We are also due news on 16-2 and the plan for the extended test, why we haven't heard about that yet is beyond me.

Lollll now now Risky!

To be fair to CH he has responded to my emails in the past, if he doesn't it usually means news is due answering the questions I've asked shortly, be it a few weeks after, he still can't front run official news. I am getting increasingly frustrated with the lack of clarity though, and think the reason the market didn't react to the last RNS is again due to uncertainty.

Got that one wrong didn't I! Another week rolls by. Still no reply from CH either to my email.....

Volume always seems to pick up a little before an RNS Thursday here...some clarity surrounding 16-2 would be lovely to paw over with my 7am coffee...yes please CH.

Seems our traders are back again hoping for the fabled Thursday RNS haha.

Let's keep it Zephyr related all. Leave the politics at the door.

Don't see how else we do it IG? And if we can offset and only do it for a couple of months then I think that's the direction we will go in.