Wednesday, July 26, 2023 12:19:11 PM
#HE1 1.
— The Masked Stock Trader (@ProAIMTrader) July 26, 2023
I've been on the phone all afternoon with people who were either at the roadshow in the city this morning, or with people who know people who were there:
Main points:
- There's no plan to raise fresh equity before any discovery.
-Loads of PR being set up for August.
#HE1 1.
I've been on the phone all afternoon with people who were either at the roadshow in the city this morning, or with people who know people who were there:
Main points:
- There's no plan to raise fresh equity before any discovery.
-Loads of PR being set up for August.
#HE1 2.
The trucks for the drill rig are now on-site and being unloaded.
They're planning on spudding very late August/early September.
Drill team expected to be finalised in the next week or so.
Drilling pad is all poured ahead of schedule and curing.
#HE1 3.
The final long lead items are on-site.
The camp is all sorted and the firm are working very closely with the government re. logistics.
They reckon one well should take ~2 weeks to drill and one week to appraise on a discovery.
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