3-5 months into 2024 now for sure glad i sold outmngmt just...

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07/12/23

12:19

Post #: 71324281
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Originally posted by Skronkman: ↑

“First helium product gas output” the language used continues to change….. what happened to “first production” and “first sales”. These guys couldn’t lie straight in bed.

just rereading the announcements one after the other to keep the memories fresh and the obviousness of the BS is apparent.

it’s a sad state of affairs when you heard it first on hotcopper as many here have been calling it out for some time only to be followed up with another sneakily worded announcement that proves our understanding correct. The obviously unachievable timelines, the jump directly to production and sales in a blatantly ridiculous short period and skipping reserve status, etc. all timing assumes perfect outcomes, no hiccups, breakdowns, delays and then halved! Have they even taken into account the winter period the “first production” site is headed into and all the likely logistical delays this will present? Or will it just be the next excuse for another missed goal? We’ve already had a 3rd party delay to site, next I assume will be a rig breakdown!

we still have all the fun and games that get played around initial well test “results” and the deliberately mysterious wording that surrounds those announcements. Then the wait for lab composition tests, which may be spoiled. Then maybe we flow test, or maybe we don’t, I mean why would we when haven’t done it before? It might just show its uneconomic so let’s BS the market again and drag things out some more.

we actually seem to be making real progress in a more or less decent timeframe (for this industry) now (we have finally spudded in todays announcement, not this one). Why continue to over promise and outright bullsh!t and fuel animosity among investors? Is it a deliberate tactic, if so to what end? (Usually it’s to line their own pockets over as long a period as possible while milking investors of their cash)

we grit our teeth and we wait for now.

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3-5 months into 2024 now for sure glad i sold out
mngmt just hopeless capital H

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