Member Info for Zebra04

Keith can you expand on formation damage

Cheshirelad

Going off satellite images. Equipment recently appeared at mou1.

Thanks surf1,

Although that doesn't answer my question.

I understand they don't want to rush and prematurely make any claims, so they will meticulously analyse the data.

It's the company that advised it will take 2 weeks based on their knowledge.

I've been looking up what setbacks can occur during flow tests.

Equipment failure, fluid losses and data error are some examples.

Correction

*some examples

It looks like mou3 took longer than planned to test.

Keith you previously mentioned the heavy rains might of caused a delay.

I assumed the crews and tests were not affected by the weather? Or is it more, if theres no urgency then might as well wait until a better day?

Is there any other technical reason a flow test can take longer than predicted? What would be some

From what I've gathered online it doesn’t seem too complicated and we are only testing 2 x 5m zones in mou 3.

40x to recover your losses is a big ask from he1.

3billion plus mcap.

Good luck to you

Joe my point is they haven't needed to run guns because they didn't case it, not because the flow rate is good. You're making assumptions.

Thanks Nick and Vegas.

Joe80

They did an open hole DST.

Open-hole testing is the cheapest possible test since it does not require the use of casing, cementing and perforating.

It doesn't mean once the well is cased, they won't need to perforate to carry out flow tests.

I would prefer if results were released as and when available. You do grow a little impatient after holding 5 years.

Phase 1 results should grab enough attention.

Then phase two results can then build on the momentum.

Then mou5 drilling.

Then mou 5 results.

Time to let this run paul, there's enough loyal long term shareholders to prevent a hostile takeover if it came to that.

That's helium the crypto coin.

Lol

RB

Agree with your sentiments on placings and how they've been done but we're currently fully funded.

Seems like the last placing was a long time ago but testing was delayed so funds weren't utilised.

Phase 1 results hopefully breaks old resistance around 22/23.

Tricky

Touche.

We don't know either way.

Neil stil no answer?

How do you know they have significant volume?

All we have is concentration.

Neil how do you know results are massive?

All we know is concentration.

Surely you can comprehend, how much of it we have also matters. So far we don't know and the company was quick to raise.

The board didn't release all the data. Noble released for more data from wireline logs. Particularly formation thickness and pressure.

We have 4.7% helium but does that come from a 3 x 2m low pressure zones or 3 x 50m high pressure zones.

It's going to be a while before any market moving positive news.

It's more likely more people get impatient and sell than buy in.

Next catalyst is flow test, that will be time to buy back in for a punt.

A company that dilutes their shareholders from 1bil to 3.5bil in a single placing is not worth holding long term. Doesnt look like they care about shareholders and simply on principle.

The worse raise I've seen, then they go place another 333mil shares before any works program.

It's the board fault they let the company reach such a state.

Last rns confirmed testing was underway but it didn't specify if it started on 29th Jan.

If it was a few days late it may still be ongoing.

I suspect there's more to do with a successful test than a unsuccessful one.

Pompey

Those shares will already be forward sold. That's how it work. The bucket shop punters aren't going to take any Risk and hold till admission date.

Why do test results matter?

They will only confirm what we already know.

Flow rates is what will move this.