Member Info for Thechukkers

think i got it wrong because all the articles out claimed it was a dual lateral pod. so i got confirmation from there and didnt bother checking further

ok i was wrong :)
no idea how i missed that, think i skipped straight to the production info...this is superb news for me though as the gas flow rates should be much higher from the dual lateral pods
also interesting to see how cdp was reached in july and commercial flow in december,
no wonder why tony thinks we will reach commercial flow in december
although it varies tony has given us no indication that it takes longer

have a look at this page 23
there is an image as well there of the selemo pilot pod at the time when this report was made commercial gas flow rates were not achieved yet... but the same pod eventually reached 200mcfd peaking at 400mcfd
http://tlouenergy.com/wp-content/uploads/2015/10/Tlou_AIM_Admission_Competent-Persons-Report.pdf

finally got home
scott can you point me out where it states otherwise i am seeing selemo 1 pilot consisting of one vertical and two horizontal pods same as lesedi pods

No need to apologise I should have worded my response better probably..I am sure good peak flow rates are a important at some level haven't really thought about it

What I meant is in the longer term peak don't matter as much more important what the flow rates after wards will be as based on that will be what most of the revenues will be made..I have read the report even posted it here myself previously no need to get all defensive lol. I am sure they were dual lateral pods but I will recheck maybe I got it wrong if they were single then all the better for us

Sorry on my phone atm

Wasn't the selemo well dual lateral as well if not will we do make a big difference here

Peak is meaningless though or not ???

Not sure look at the data we have especially permeability we at the low end as far as is understand similar projects that have similar permeability give out 150-200mcfd which we have achieved with the selemo wells...

great info brad.

mind you there was a time on bids when there was 1 or 2 messages a day no one gave a **** about in game advertsing, now that the herd has got its attention everyone knows its worth a billion dollars lmao....

markets stopped working for me after march/april
havent traded for nearly 5 months now
only a few stocks i am holding atm
so not used to these silent periods, used to being an active trader
back in march i did my best trading nearly made 500 quid every week
to be fair i think i could make a living out of trading but i dont know if i am too lazy, unorganised or unmotivated ?
i was holding bids from 6p sold out from 11p-18p and bought again but sold the recent one at a loss a few months ago...there used to be times like this there, when the stock dropped to 4.5p remember someone selling saying it didnt feel right, why is it dropping bla bla bla ??
same with hzm i bought in at 1.95 sold out at 2.4 and back in at 2.10ish , then just watched it do **** all for awhile , until i sold out at 2.4 again,
? conviction paid off in the end although admittedly could have made much more,
i think a lot of investing comes down to buying uncrowded stocks, and selling when stocks become overcrowded, the truth is you rarely if ever buy at the lowest point and sell at the highest,
the only thing that people need to do is avoid the **** ones, if they can do that its very possible to make money on aim imo as long as you dont lose your **** when your stock is down 20% :p
with the news coming here, i think a gap up one day over 7 or 8p is very likely in the not so distant future

tick tock
this chat is so dead similarly quiet on twitter, i love the noise too much i guess

this reminds me i watched a video on warren buffett, he said he does not care whether he makes the best calls on the market but he makes sure the ones he makes are most likely good ones. i think most bigger investor/companies are operating under the same moto
i dont mean our assets are bad just at the time they were not good enough to attract majors

although to be fair it might be the fact that whether the cbm can be extracted commercially was a big unknown up until tlou achieved commercial flow rates on selemo pods that deferred the bigger players to go there...tlou was also the first to book reserves and get a mining license from botswan
imo you make a very good point on advfn on how will sekaname raise funds think they needed about 400m thats a lot of money for any project but for cbm development it seems near impossible someone going to cough up that much unless the commericality of the project is proven, perhaps we are doing them a favour they are quite close...
interestingly strata x ceo was also in arrow energy so probably they are connected with tony

i am not sure whether you use youtube or not, but there are some videos about cbm and how it is being extracted if you are interested you can search there
i am not interested how the gas got there to be fair but more how we are going to get it out
all i can do is compare the data we have to the same case studies that have been shared here
based on what i have seen we dont have the best assets and so i am guessing tony saw an opportunity to buy it cheaply as most bigger players are in usa and australia/china regions. although i saw strata x ceo mention our coal seem basin has similar characteristics to galilee basin i think dont quote me on it

sorry no idiots guide
although glad i could be of help today

yep you are correct, i take back my vague statement :p

i assume there is correlation but i dont think its a 100% sure, think the gas content in the seam varies as well so good flow rates are not a given?
perhaps more water simply means bigger seams ??/