Post by
Wheels54 on Aug 19, 2022 7:40pm
Rough week
But hang in there. If you look at the big picture this comonqy has done phenomenal to this point. Separate SP and the nonsense from the business and you have to respect a company that should be cash flow positive for 2022 really in their 2nd year of operations. 1.2 mill/month revs. With the nonsense this week now have verified assets worth more than their market cap and currently no debt. And they've maybe drilled like 5-7 percent of their potential targets with their Worsely and Southern play. And for those saying or thinking that this latest hole has not been successful. Perhaps you should just wait for an actual news release from the company and look at the big picture before selling yourself short by giving somebody like me a deal on your shares. GLTA
Comment by
lotto6492 on Aug 20, 2022 5:35pm
rig spudded well on July 18 for First Helium it was a 2 week hole if you look at rig tracker the rig is still on the same hole??? problems big time
Comment by
Wheels54 on Aug 20, 2022 6:02pm
Could be slow drilling or some operational delay, possible, happens all the time. Could also be nothing wrong and infact coming close to finishing up another income producing well. Until they release the results and the content, it's all speculation.