Cyber, no worries. My mistake I read what you had put incorrectly. Been up since 2am so brain is mush. |
HC not sure what you mean? |
Cyber, what's changed from this morning tweet ? |
Wow looks like a big rush of late buying just now? |
They've been dumping GEX so expect a TR1 here from them. Their pumpers have been busy |
Premier Miton are selling out over at GEX also. |
Yes, a small derisking pullback might be expected, but IMO there can't be any reason for a 10% drop today, when we're still several days from initial results, other than a big holder trying to get out, for their own reasons. Let's see anyway. |
Felt forced to buy more because of the sell off :) |
Premier Miton hold just over 4 million shares here and been selling most of their holdings across the board especially over the last few trading days. |
Cyber ... well it isn't a news leak as too early for that in the process |
The dip is hopefully just people derisking before the upcoming newsflow... |
They normally add a bit more indepth detail to the RNS |
HC - I never find those interviews terribly revealing (whatever the company).
Rather than asking any probing questions, they always sound scripted to me. More like an investor advertorial. |
Lord, maybe but I would have preferred an explanation in an interview but that wasn't really questioned |
hooded claw - thought not!
But TrekMadone may still be able to help, if enough people on the LSE board ask him about Precambrian/Cambrian RNS & the apparent drill:casing depth discrepancy. |
Nope I am not Trek :) |
hooded claw - on 21 Oct, I asked a similar question on the LSE forum about the significance of not finding Precambrian, but hitting Cambrian sandstone.
Didn’t really get a convincing answer. Maybe you should try. Trek seems one of the most knowledgeable posters there, so he may be able to shed some light (unless that’s you!) |
New tweet as Clink 1 moves towards testing.After the presentation I thought the only risk was the shale issue but I don't understand the drill/casing depths.Towards the end of the presentation Bo stated we only have to go down another 100 feet to test the formation. It was clear from the logs that the biggest prize was the lowest formation.In the successful re-entry RNS they stated"Following successful re-entry to 8,030 ft and with the well in good condition, the Company deepened the Clink #1 to 8,550 ft to determine if the Precambrian could be reached. Precambrian rock was not found but a second thick Cambrian sandstone horizon was found at 8,290 ft all the way to total depth."But when they cased the well they didn't take the casing down to 8300 foot but only went 100 foot deeper which matches up with the presentation. My only gripe is the different drill/casing depths haven't really been addressed. Will the fact the precambrian wasn't found affect the results ? |
https://x.com/HelixExp/status/1851158091921871002?s=19 |
Yes saw it now, average 5% over 5 days of flow. Impressive. |
7.9pc see RNS |
He1 20x above background equated to 7pc He. Hex 50x and 130x diluted in mud. |
I understand that natural levels of He in the air is 5 ppm or 0.0005%. So to reach 0.5% we need to multiply by 1000. In other words 1000 times background levels. Hence me saying that the 130x reported needs to increase by 4-5x for us to start getting into the commerciality zone.Good comparison with HE1 thanks. |
0.5pc He. is considered highly profitable to Hex. The initial helium readings in the Amsden and Charles were 50x and 130x above background. For comparison He1 had 20x above background. In addition Hex found Natural hydrogen in the flathead formation plus Heliun with 10-11pc coming to surface bubbling in the drilling muds. Let's see how it pans out but it is looking quite promising. |
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