I am also leaving that to the experts. You felt you had caught management out when in fact you know naff all. A little knowledge is dangerous ....be careful.
Keep that strong force between your cheeks. We know the force is strong as the excrement is still exuding out of your typing fingers. I confess to knowing absolutely nothing about Helium exploration btw. |
The force is strong here.
I think a flow rate should be on your wish list.
When there isn't one it leaves the whole field open from "no flow was obtained" or "we're trying hard to achieve one" to "its a downright gusher, the dollar notes are being blown into the sky".
Still hoping for £58.90.
Be careful. |
Also on my wish list is that we had an independent competent person reporting on their detailed findings! |
Such is the joy of statistics and seals on the various sands. Think your name should be " Hopeful" with that share price prediction! You might have to be a geologist, or something remote like that, to understand how a sample at MOU 3 can be extrapolated into the Jurassic. No mention of testing MOU 4 in last RNS and would have thought they might have flow tested the bottom before drilling MOU 5 but maybe a geologist might know more than me. No feedback on the field trip to the Jurassic outcrop but then a geologist might know more about that than me. Just wish we had two geologists working in the Company! |
 The force is strong here.
The myth of helium.
"Seven gas samples collected in isotubes in MOU-3 whilst drilling at measured depths of 446, 508, 555, 750, 817, 846 and 1395 metres were analysed by Applied Petroleum Technology (UK) Ltd. ("APT") in their Oslo laboratory. Gas composition is in the range 98.04 to 99.57% methane"
"The gas sample analysed at 1395 metres MD KB in the Moulouya Fan in MOU-3, unlike any other shallower gas sample collected whilst drilling, showed evidence for the presence of helium"
Seven gas samples and only one showed the presence of helium.
But helium is a "light" gas and hasn't managed to migrate upwards.
Some experts were opining that all the helium would be updip, it being lighter, but no evidence of helium being upwardly mobile in Mou-3.
So the maximum percentage of helium in Mou-3 is 1.96% (if all the non methane gas is helium) but only evidence of helium was announced, not a percentage.
Move on to Mou-5 and 104.31 BCF(P50) of helium is envisaged as 1.76% of 5.916 TCF (P50) of methane.
Based on global averages.
Not on Mou-3 sampling.
Bear in mind the "evidence of helium" sample could have been nearer the 0.43% mark.
And ignore that no evidence of helium was announced for the other six samples from the same well.
Any straw in a storm.
Despite the lack of flow rate news and no evidence of uplift in share price of share volume, I am rerating my target price to £58.90 allowing for the spiffing news about helium potential.
Be careful. |
How's GEX doing purplesquat, not too good going by the daily decline, you must have lost a bob or two seeing as you keep panicking and sulking and sell up than buy in again only to see the share price fall again... You mug! |
utter junk broker note
toilet paper |
Just don't scroll ==> right click ==> select all text ==> copy ==> paste into word or notepad ==> read. |
Doubt it very much, Jim. ;-)
Clearly struggling for subscriptions imo
Enjoy your weekend. |
Interesting helium numbershttps://oilman.beehiiv.com/p/oilman-jim-s-letter-october-6-2024Nice summary, worth reading |
htTps://www.voxmarkets.co.uk/articles/predator-oil-gas-oak-securities-5be2c87/ |
The force is strong here.
148p optimistic?
Not on your nelly.
Still £42 and counting here.
Who are Oak Securities and Jerry Keen.
Now appearing at the foot of every Predator RNS.
What happened to Fox-Davies Capital and Jerry Keen?
They used to appear at the foot of every Predator RNS.
Much heralded, but they weren't as lavish with their valuations.
You get what you pay for, I suppose.
Be careful |
I suspect that ONHYM took a dim view of Lonny's posts on X. There is an awful lot riding on Guercif, so announcements will be strictly under the control of the State authorities, including Mohamed VI. |
This seems a rather optimistic note:
They have a price target of 148p?!?!?!?!
JakNife |
PG was always going to come up with something to distract us from the likelihood the gas simply does not flow for some reason.
If it even existed in the first place, you would have to consider that too.
Jimmy23 had some interesting technical theories as to why it might not flow on the LSE thread.
But I was expecting a new venture somewhere far away, say a remote prospect in Southern Patagonia.
However this Helium business is a stroke of genius, so weird that even Lonny could not stick it. |
He must have done something incredibly bad or have got such an incredibly attractive job offer, to give them up in such a hurried exit. |
How many did he have? 15mn? |
Good news EX Director Lonny B options cancelled. |
'Several advisers have requested to take shares for services to show their alignment with the Company's strategy regarding the near-term drilling of MOU-5'
they prob all asked, how near is 'near-term'? |
Markets is waiting on flow rates until then share price is going nowhere |
Yep. Unlike the snakeoil merchants that plague the majority of small/mid cap companies in the UK, PG consistently underplays his hand. And what a hand he's very skillfully built. |
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