Member Info for Zebra04

Why are the board not buying shares?

Thier stakes are small and options/warrants aren't huge either.

During the massive placing in December the 6 board members bought a combined £18k. £5.5mil was on offer.

Even after they boasted about thier helium find they didn't buy shares or take part in the recent placing.

If this was the massive find some here claim, the board, who have the most information would be loading up.

Mickey

Only $4000 traded on us market. Pointless referencing it.

US trades so far total $4000. Insignificant.

Bob I didn't say they couldn't.

A tweet was posted here giving figures that were calculated from the ITR.

I posted the figures from the ITR that Jimmy suggested was more reliable to look at.

Now apparently they're not but no explanation.

I rather learn as much as I can when I'm invested.

Rob how about some humility and explaining why wackys figure is 16x higher than the figures from the ITR?

How have you seen the terms of instruction?

The itr refers to terms of master service agreement but doesn't give further information. Is this what you're referring to?

In December the company did a placing at a 72% discount increasing the shares from 1 bil to 3.5bil. Wiped out existing shareholders. I suspect Sarah cope arranged this.

The 6 directors only subscribed to 7.2mil shares between them. £18k. Not reassuring.

The last placing was done at a 30% discount before releasing more data and the board didn't take part.

The placing was done too early imo.

"working capital position, which will enable us to fully focus on the next phase of the Company's growth."

I prefer the funds were properly allocated before raising.

Trying to decide if its worth averaging up or let it run as a punt.

Some red flags. This share was down 99.4% in a little over 2 years up until 2 weeks ago.

ITR is supposed to be as accurate as possible not "very conservative"

Numbers from ITR,

TRACS 107 BCF.

PRD p50 433 BCF.

ITR p50 426 BCF.

ITR doesn't support Wackys figure of 7 TCF.

Worth reading ITR.

Yana chill out and stop quoting me.

I wanted a debate with others not this nonsense.

Red dragon.

Discovery is great but not all discoveries are commercial nor are they all worth the same.

Reserves and flow rates are a lot more important.

Until we have them it's hard to put a value on the asset.

Wireline logs and drill stem tests completed.

Secondary analysis of samples is a formality.

"Despite having an accurate, independent field PVT laboratory on site, the Company has collected duplicate samples where possible, and these will be sent to a second laboratory for independent verification."

Unless the independent lab on site has equipment malfunction, the results should be similar. I'm sure they would calibrate to check.

The company has held back information. Compare with nobles 4th December rns.

1. Reservoir thickness.

2. Formation pressure.

3. Formation permeability.

We don't have any indication of volume.

That information is typically released.

4.5% helium concentration from a 100m high pressure reservoir is worth a lot more than a 5m low pressure reservoir.

The company should release that information and schedule a flow test. The latter they can justify doing before lab results get back.

Debating averaging up here. I'll hold off untill the company releases more information.

Surf

Of course some will do but they won't be advertising it on twitter.

Some strangers tweet claiming to know is not worth any attention

There's no information out there letting us know how testing is going. No one has inside information.

It's posters speculating and then others posters regurgitating and so on.

There's no need. Just wait for rns.

Thanks

Adon

When is the next pass?

They've recieved approval for phase 1 trials which is good news but It's still very early on.

Phase 2 results things will get interesting.

Rp2020.

Google shows last reported trade.

Just delayed trades from this morning being published.

Yana

That's just libel now.

0.3% helium is commercial.

We have 4.7%.

Lorna hasn't disclosed flow rates but the rns states they want to progress the project and her bullish tone indicates the they were good.

@willcoll

Can easily buy on H&l £10k plus

We're down 16% from last week.

A few trading days left until results and no Tr1.

Do folks still claim institutions are loading up?