Ha ha thank you for that … Gee, the most positive on HC, not...

First 8 Last

Share
Profile

Follow
Kipper01

8,228 Posts.

674

20/09/18

23:08

Post #: 35739434
Share

Originally posted by 278126 ↑

U are definitely the most positive poster i seen on HotCopper Kip
Things r tough yet u can still the positives which is a nice trait to have. I wish i had more of it haha.
I picked up another 100k at 7.3c 2 days back and thought i got a good price...oh well
Lets hope mngt can get this GSA over the line before the end of the year.
So if a GSA was signed, would we need to drill to get more gas? or do we just need to connect up into the nearest pipeline and use what has been certified to date? Either way i suspect we need to raise cash for either. The gas buyer may provide a upfront payment but i doubt it will go very far based on other companies ive had that had GSAs.
My personal opinion which i have stated before is to raise cash and start drilling. The bigger the 2p the more appealing we are and that will lead to GSAs and then a TO

Expand

Ha ha thank you for that … Gee, the most positive on HC, not just this thread!! Crikey, I'm almost (but not quite) speechless.

In answer to your question.... No, to get a GSA signed, it would not of necessity require drilling or connecting to a pipeline. So a capital raising as you have put it is not a thing that must occur. But who knows what, if any, conditions may be part of a deal. All speculation, but main point is "no" to your assumed principle concern.

Kip
PS nothing wrong with 7.3c … I bought some more recently at 7.5! and am still happy with that!

Last edited by Kipper01: 20/09/18

BUL Price at posting: 6.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels