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did the selemo wells ever reach peak rates though? think they only used these ones to generate electricity on the field?
thats the average time it takes, it doesnt mean it takes 4 years to get there for tlou lol.
calm down people :P
peak production is not commercial rates. average rate for cbm wells is around 300mcfd peaking at 400mcfd
you read this wrong, four years to get into PEAK production
average wells takes 4 years to get into peak production
https://www.researchgate.net/figure/Peak-gas-flow-rate-for-200-CBM-models_fig1_266272107
well i added some more here, my holding is over 10k atm here now
fingers crossed colm is not telling porkies XD
lets be honest here, our iq depends on these flow rates brad XD
100% agree noeasy perhaps the only way the bod could have eased the suffering of some here is by having regular updates on water flow rates as well. kind of like gll did.
plus if we look across different companies we are by industry standards perhaps not even taking that long
funny post that was just wondering what exactly whizzer thinks the bod is doing XD
it wouldnt matter if we had a different route, without commercial rates we wouldnt get anywhere
back when hzm was at 1.9 there wasnt much interest in the company, but after the orion finance deal came through you got many posters joining the board and it was filled with positive sentiment and is now as well
dont give up guys i know how quickly sentiment can turn. i can see this happening here as well. all we need now is patience. without a doubt we all want this project to come through and i dont think we have ever been closer than we are now. its a dream in our heads now but hopefully we will have it together by the end of this quarter
i am with olda on this one, regardless of what we know we need it on an rns, hence the sp is stagnating here. i am obviously still confident it will come good, but regular updates on whats going on with the flow rates/water rates is what we need
brad wasnt there similarities between the queensland basin and the kalahari basin?
also their intention to fund the full 10mw instead of the original planned 2mw is confidence inspiring imo.
might look dim now, but i know how quickly things can change. a year from now we might have 100s of messages here everyday.
we only need to raise funds if we wont get funding from the bdc thats why tony said he believes shareholders have done their part, obviously he cant predict the future but i am betting on us getting funding from bdc before the beginning of h2
perhaps their risk policy changes everyday. hence the sells and buys here ?
so you think the pension fund upped his holding and agreed not to sell his half only to sell the other half?
XD
good luck cperkin
why does it matter to you who is selling? if they have a name then what?
its completely irrelevant in the long run imo.
thanks, i am quite heavily involved here tony and colm never came across as conman to me and it only makes sense for botswana to go ahead with this project given the size of the basin, could be a great source of income for them and diversify away from diamonds.
didnt know you are still watching this cperkin and happy new year to you as well !
it is annoying but what can we do :(