Lol yeah sure. |
Jungmana - I guarantee a placing is on the cards, they need money to develop right?
Will see who`s right or wrong I`m just saying drilling is not cheap and it takes plenty of money, So placing is on the cards. I`ve already sold and took profits will get back in when confirmation of developing the asset comes to fruition.
nothing wrong with taking a profit right? |
Loan finance destroys companies and never ends well in the long run PLACING IS COMING |
So every debt funding is debt spiral? You clown.Bo has done this before. Bank debt will be the funding |
Reserve Bank Loan better option |
My last reply to you, been here since April and the plan is to develop through debt. If a placing happens will be very minimal in late Q1 2025.
Should I listen to Bo or to you ? |
Why go for debt spiral finance and we all know the conditions strains and covenants lenders would attach Right now there is demand for shares just do a PLACING and get on with it |
Great news as expected.
Plenty of Cash in the Bank with Easy Revenues soon
Broker Target 40p future brighter.
Some say 65p ore even more WoW!! |
I will bet Placing is needed, you can`t develop an asset like this with out a placing.
Basically what your saying is they will never raise funds? lol smell the coffee bro? |
New interview added to links above |
Planned development of Ingomar Dome and Rudyard will be later in Q1 2025 and will most likely be by debt. Bo has said this in many interviews, has been there and not new to this. |
Company has over $3 million in cash left after all the expenses in clink1 and Darwin wells.No placing planned as fully funded .Ignore the clowns there please |
News on Clink 1, Charles and Flathead formations next....Cash |
Company must raise good chunk to at least develop 10 wells so 15 million placing would be nice |
Why place when others will be queuing up to farm in to this? Shorters just squealing like pigs imo. |
Exactly once PLACING is out of the way Story would be very tempting |
Need to get the placing sorted as there skint now what price though? 12p 15p?
Will wait for the placing |
MONEY NEEDED NOW TO DEVELOP THE WELL so PLACING is sure thing |
20p incoming. |
And we have more news to come from Ingomar Dome , the flathead and Charles Formations testing. |
This is going to be huge, sit back and enjoy the ride from now to A...Today 07:19
“This is the ultimate goal! We’re excited to step into 2025, where we aim to deliver updates on our journey to becoming cash-generative by year-end.” |
Brilliant results. Darwin 1 well costs just $1.2 million to drill therefore multiple wells with each well paying back in less than 4 months.Kerching!"Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period" |
A great discovery and a perfectly worded RNS. Should make for a very interesting re-rate. |
Brilliant results. Darwin 1 well costs just $1.2 million to drill therefore multiple wells with each well paying back in less than 4 months.Kerching!"Rudyard field can support multiple production wells on structure with each well having the potential to produce pre-tax cashflow of circa $4.0 million per year and drain a large area over a sustained period" |
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