Member Info for Wotitsworth

I also wonder if the drop in several shares was due to year end cashing and we may see a spurt today of buying for ISA's

I thought RNS that affects the share price has to be morning

SP saying "A piece of steel got dropped in the hole" is just simplifying to save a long explanation.
A BHA (Bottom Hole assembly got stuck and could not be retrieved. This means either backing off (unscrewing to disconnect from it) or cutting the drill pipe above the stuck item.
There would have been an effort to recover the stuck items which would have taken time. Its always a balance of how much time to spend to recover, or bite the lost in hole charge and sidetrack straight away, as you never know if you will recover the tools. BHA impossible to drill through so must go around.
BHA may not have been insured therefore cost of the lost tools is due to well conditions which is down to BPC.
However, BHA didn't cost 7mill.......and has been pointed out, the drill time was within budget so that is confusing.
Having worked in the GOM, I always considered that Jurassic was the target, but Im not a reservoir engineer.

I seem to recall there was a yes on speeding up the licensing process.

I see these no's as good as it doesn't give Baylan the option of waiting for the new process.
Interested in others views.

Shame we didn't drill Jurassic as planned, things could be very different now

I did a couple of weeks ago. No answer

Aren't we due farm in news by month end

Where is the news we have been promised

Thank you Snowking

Nice read Aug.........All the better as its true

What do people here think about Circum.
On paper it looks huge yet they don't seem to be able to secure financing.
Any thoughts?

Obviously coming from a govt it wont be Monday or Tuesday but who knows....Is this the week for some news.........Fingers crossed

I guess that's the problem.....Nobody knows......

Thank you for all your responses to this thread. Very interesting conversation.

Treetop. Were these blockades in 2013 related to Kalak? I wasnt aware....think I came a little later

Thanks. That's 2 No's

So we have a mixed opinion, I think.

If you don't mind. May I please ask.
Do you think KB has done or is doing enough....Yes would be fine
Or if you think he should be chasing UNESCO or Baylan and telling us more.....This would be No

All true
Doesn't stop frustration though unfortunately

And there may not be much to say, but it sure feels like we are overdue some communication from the company regarding Kallak progress.
Without this we will of course speculate.

The country need the iron and the jobs
We have done all the work
The Sami's don't own the land but of course they can be helped a bit from the taxes from the mine, as opposed to not.

It just doesn't seem like a difficult decision and just needs a few weaselly words to sell it, and if it is a difficult decision, why the hell did they offer the licenses to start with.