Amsden results Monday or Tuesday IMO, I suspect Tuesday as they probably won't have had the results sent to them late on a Friday...Wednesday latest, based on DM's statement "very soon".Just my thoughts. |
I'm trying to wind my mate Stevie up !! Don't tell him ! But I'm back onboard |
Timbrrrrrrrrrrrrrrrrrrrrrrrr |
Hi Mischief, did you see the Analyst call earlier in the week ? Very chill about my holdings and certainly don't feel like I am "kidding myself".They just released what they had a bit too early so they could take data to France as it was price sensitive. Amsden results should be early next week and the first of Darwins formations not long after. |
Not hard to see who has the short positions on hex, could be a very deep burn for them soon... |
It's a duster mate stop kidding yourself |
Flathead results are going to be tasty once stimulation has occurred.
Always some reason for HEX to get close but not hit the prize so far but I feel all that is about to change with Amsden and then Darwin results. When it comes round to Flathead results I feel we will be considerably higher. |
 Helium Shows:- Continuous helium gas shows were encountered throughout the well, with significant shows in the Amsden and Charles formations.- The helium shows indicate the presence of a helium-bearing gas system, which was previously unknown in this area.- However, the gas shows do not provide information on the thickness, porosity, or permeability of the reservoirs, so the economic potential is still unknown.Hydrogen Shows:- Unexpectedly, the well also encountered significant shows of hydrogen, particularly in the Flathead formation.- The hydrogen readings were quite high, reaching over 10% at certain depths, which is an unusually large magnitude.- This suggests the potential for a commercially viable hydrogen resource, which could be a "game changer" for the company.- Hydrogen is generated through the serpentinization of ultramafic rocks, which are known to be present in the local geology.Overall, the gas shows in Clink 1, both for helium and hydrogen, have exceeded the company's expectations and demonstrate the potential for a multi-commodity resource play at the Ingomar project. Further evaluation through wireline logging and flow testing is now planned to fully characterize the reservoirs. |
Logs from formations on Clink 1 - on and around 11:30 minutes |
cyber ... yes very reasonable. By the way, if you need links to presentations etc. I keep them all up above in the description |
I suppose there must be a reasonable chance of results from the Amsden formation tests early next week? |
Yes, very limited language skills! 🤣 |
cyber ... making a long story short they haven't had a commercial discovery yet.
Charles and Flathead need to be stimulated and tests taken when this is done. This won't be started until work completed at Rudyard.
Amsden will be declared commercial IF sample % are good.
We are still at the if stage or something has to be carried out before samples can be taken. I think we should have stayed around the 23p level until then but it looks like some holders moved on and caused the drop this week. |
While waiting for precise results, rather than hints of results, I think we are clinging to signs of any positivity that shows in the voices and faces of Bo and David. It’s a shame that there is so much insecurity, nervousness, and mistrust in all investments these days. The markets, particularly AIM, have become full of deception and jitters. So, we search every day for any signs that we have got it right with our investment decisions. Let’s hope that those helium and hydrogen percentages turn out to be one of the wisest decisions to invest in! And Bo’s enthusiasm and excitement is not an acting performance! |
After all the smoke and light of the last 2 days, can I just confirm my understanding of the current situation?
1. Flathead: Measured 2.5% helium in a surface sample, and 55% hydrogen in a sample from drilling mud, but needs stimulation to get it to flow for proper measurements. Stimulation to happen after the Rudyard announcement, so that will be probably early January? Meanwhile there are no guarantees, and there may be more exploration drilling required, especially for the hydrogen reservoir.
2. Charles: "promising" but no cigar. More work needed, seems like some formation damage.
3. Amsden: high pressure gas flows, but the helium content is unknown. Lab test results due in the next few days. Likely to be some helium, as AFAIR 600ppm (0.06%) was discovered during the first drill. But actual commercial-%age helium is not guaranteed.
4. Rudyard: drill results due in probably 2 weeks. Sounds promising overall from the interview, but again no guarantees.
Thanks for any comments. |
Possibly worraps, hard to be sure. It's in the price now anyway. It's not that massive a trade in the scheme of things actually. |
Cyberbub, sorry have to disagree with that. All buys at that time yesterday were over 23p. Maybe explains the depressed price today. |
140k trade at 22.92p but it's delayed from yesterday - still clearly a buy though, as we were never above that price yesterday. |
Sunny, yes and no. They said they would test and if decent grades they would run flow test before moving on to next zone.Amsden sample was in the lab so they already tested the other two but the mud affected readings and flow so they didn't RNS as they said they would but you can see why. |
Didn't they say they would report on each zone initially. So I guess they are doing as they said they would |
Duster!!!Duster!!!!!!!!! |
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