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Sho2, try not to get despondent, it’s only a temporary setback, and it’s not only the company that have learnt from the first drill, I think most investors have also learnt from the last couple of months now how to read / not read too much into the various communications that come from the company, there will be positive news at some stage in the coming months, new investors will jump in and that will help push the price back to where it was.
That’s correct I read some time ago that UKGov was looking for a site I think it was for an Oxford led scientists to build a prototype along the same lines in the UK.
Not at all , but. Can’t stand a condescending prick any time of the day or night, “ Run along now, there’s a good lad”. I mentioned Tuskar, I was in there in 1987, so obviously not a lad , and I would guess from your juvenile attitude towards anyone here that dares to offer a different opinion to yourself that you weren’t even a twinkle in the old sows eye back then ?? Game on mate, will be replying to your every new comment ;-)
Lol ****, I’ll save the sensors time, you just made my case with your reply.
So You think they will complete the published drill program in time , very opinionated & obviously a fully paid up member of Page the Oracle 4000 posts in 8 months ? Interesting to analyse how many of your 4000 posts are actually ‘discussion’ and how many are just ****ging other people off, bit of a sad & juvenile demeanour tbh.
Lol no, Do you know Tuskar ?? Obviously not, google is your friend .
Anyone still believing the drill will be completed within the quoted schedule is severely delusioned, IMO it was never realistic and it’s not going to happen, if we get one further drill this year with some form of results published then from 2 drills, it will be a result, this is not going to be a fast operation and will in my opinion require further funding.
Anyone here remember Tuskar oil / resources?? This is starting to sound frighteningly familiar
Motley, lol eeeee
One would think that would be the obvious/ best choice, given previous excitement on the maiden drill shows and prospect prior to drill, however if they chose to move to a new site I guess that will tell us something about DMs previous exuberance and excitement, and help to ‘read’ and dismiss character signs any future shows and news.
Given the problems of dropping the analytical sensors in a small bore, I would truly hope that they only attempt full depth holes now with a larger diameter bit, to have the same mistake again would not be seen as so unfortunate in my opinion.
Thanks for taking the time to post that Russ, I read about Schlumbergers tools a couple of months ago but not the contract / insurance, Geolog would’ve made DM very aware of the present dangers and costs, so your summary is IMO correct. Shame that DM didn’t make some reference to this though really as it mitigates what appeared as presented as a poor situation.
I wouldn’t think they will need too much time to decide which step they are taking next, re drilling the shallower finds at Tai or moving on, I would expect an RNS monday out lining the immediate future. Then frankly I would prefer not to see the various interviews that have been dropping, from experience now we know the content cannot be trusted or indeed is consistent, the monthly news letter update they provide is enough, the odd tweet with a photo saying ‘still drilling’ etc ok, all the other just leads to hysteria and ramping, if we are still invested now we know the score and do not need to be bottle fed with titbits, we need calm and professional communications. Only my opinion of course and dyor etc , after thinking very hard about this as I am already in quite deep, I will be buying more, the recent news has not been conveyed in the positive manner which it could have been, that alone has taken 5p off the price.
That depends if they’re open to learn from their mistakes, it isn’t a given
Pjonesy, I concur exactly with what you say,and I do wonder about the previous conspiracy that DM deliberately ramped the sp so the likes of Scirocco could be well clear, given that there is helium out there, that in my opinion is a very short sighted view, honesty & integrity is what is needed in terms of communications going forward, there are many PI’s heavily in here who will be needed to support the project going forward when more funding is sought, a loss of trust and a 5p SP will not bode well for that, just my opinion.
Fair comment, but I would counter that the company is not in the same position it was in Jan, it is in fairness way behind in its documented drill schedules, it has spent £1m ? of limited available funds on a drill that has effectively delivered nothing in terms of hard data, saying that Helium is out there is no further a step forward from the 1950’s. Sure the ceo is a nice guy, but in all honesty probably what is needed here is experience of drilling, the rig is clearly not up to reaching target depth,; so whilst I remain positive, a great deal of faith has been lost in the ceo, and also the drilling team who were put up as the best there is, SP is high in my opinion tonight all things been equal, 10p and sub is closer to the mark knowing now what is known about the whole set up and it’s integrity.
Very positive new directors talk piece with DM and the SP drops lol, couldn’t make it up, I would’ve thought what he said would’ve pug but through 30p
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https://www.***************************/helium-one-the-new-crisis-in-the-helium-market-lonhe1/4121015125
Nope, major discovery RNS will be week beginning Aug 9th, I’m certain, and the sp will head towards £1
MMS will find a way to close at 26.5, again !
Maybe Monday…