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BNL - Blue Star Helium

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kennas said:
Pilots please deliver on the FA for the 50c by the end of the week.

Otherwise, you're just ramping.

Cheers,
kennas
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The better FA you could have provided is what AZZ give as a consequence of the successful well.

This is long term of course, not what it should be right now....
 

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Kennas,, 50C End of week should be easy, first lets look at the facts, AGM all good news, so good I bought the next day, the field next to AZZ is on line and producing, AZZ field is bigger FACT, AZZ thought they had a pay zone of 125 feet, when in fact they have a pay zone of 286 feet, this morning JC buys 82K of shares, a pipe line is next to AZZ lease, first well on line three weeks time, time to get wells on line b4 next USA winter prices, AZZ have in place for TWENTY wells, how ever as both zones are double of what they expected I would think they will have to have more wells, just now the USA have many rigs stacked, so getting a rig on site won't be any trouble, this field Will take over two years to reach its max flow, this IS the kind of investment that the big institutions look for. All of the above I believe will give AZZ a 50c SP buy the end of this week.
 
None of this adds up to 50c by the end of the week. It may, or may not, but it's just an absolute pluck! We don't do that on ASF, please resist in the future. I thought you knew that? There are just too many factors at play to place such targets within a time frame like that. Looks bloody good longer term though. Cheers, kennas
 
also events or news that happen historically (even if its a few days) excite the market for a day or two, but eventually dies down. in order for it to hit 50 cents, we have to see a continuous release of good news or events happenning or discoveries for a continuous rise.
from what ive been seeing, the only reason azz graph looks like a continuous perfectly shaped parabola is because of continious good news. once this stops or news last week like end of drilling hits the market, we see a little reversal.

so just because up until now, all those things you have listed have happen and will be taken into consideration by the market, in order to drive the sp up, we still need more news/events etc to influence a continuous increase in buyers of the stock.

otherwise, the market will expect great things from AZZ, but everybody who expect great things from the company has already bought in and just holding, nothing to actually influence more buying.

basically, the sp isnt driven by old news.

that being said. i do have confidence that things will gradually occur over the next week or so that will drive up the sp.

but at the same time, im more concerned with day traders taking profits tommorrow
 
oh my god...it just hit 42.5 cents....
we are going to see some major profit taking tommorrow lol
its good that it sky rockets....but i want to hold for a bit longer, but rises like this only causes huge profit taking tommorrow...
if it holds u might just get ur 50 cents pilot lol
 
wow what a run 4c to 40c...
this is the sort of stock I dream about... but never have the balls to drop in a cool 50k when its only worth 4c i seem to get the confindence just before the retrace...

Not holding this one but great work to those who are..
 
and you are forgetting toward the year end Harrison 2 will be producing from a more productive zone. Besides this what really gets right up my f.....n backside is shareholders on this forum only post when a stock is doing well. Fat and skinny holders get off your a holes and make posting to promote your stock even if it is taking a back seat. That is why you are here in the sharemarket . "to make money". If you want 50c , promote it. If you know how to log onto a forum indicates to me you know how to type and use the English language.

After saying that , goodluck to holders , 50c is well deserved for those who have waited but get off your A holes and promote it. By the way I am talking to the one's that only read the thread.
 

i am inclined to agree with you.

theres a lot of assuming happening and a very upbeat and straightforward use of the word discovery when there is no evidence of anything other than some background readings!!

i am happy for azz to have made a "successful discovery" and having done so without actually flow testing any formation what so ever. but imho there are always dangers of things coming back and haunting you if indeed this "successful discovery" does not eventuate into flow of any nature, and the background readings were just that...

the share has increased some 48% with great turnover today, so the day traders are really having a ball and its easy for long term holders to take a good bit of profit with those volumes..

market cap went up 48% to $73 million also,, not bad for a company making discovery using a few background readings to value its share like it did!

the best thing about this discovery is that there are 3 small caps on the asx also with very large holdings in the eagleford and some are trading at cash value even with flow coming from the eagleford.. it must mean they have equally got upside potential as there is a thirst for investors in these smallcaps.. great news!!
 

Seasprite, it is not us that need to ramp the price up, it is AZZ you need to do it, they done a real good job at the AGM, and then to day come out with one of the best reports you will see for a long time. Now if you get turned on by ramping you should join the team at hot whoppers, this would rely turn you on, you see over at hot whoppers you will get grounded if you post any thing negative about any share the ramp team is on. I for one are very happy with AZZ, but the good time won't come until they have started to drill the No3/4 well, by then they will know just how good this is.
 
pilots said:
Seasprite, it is not us that need to ramp the price up
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what a load of crap , you are the one that said this will go to 50c , you have to say why and how ,not why not and the holders who read this should back you up , not sit there with their fingers in their daisies.
 
seasprite said:
what a load of crap , you are the one that said this will go to 50c , you have to say why and how ,not why not and the holders who read this should back you up , not sit there with their fingers in their daisies.
Click to expand...

If you have a look at post 162 you will see why I think the SP will climb up, what we need now is the flow rates, then you just sit back and wait until they have started the infield drilling. The price rise to day made me real happy, BUT it looks to me you are having a real bad day.
 
seasprite said:
what a load of crap , you are the one that said this will go to 50c , you have to say why and how ,not why not and the holders who read this should back you up , not sit there with their fingers in their daisies.
Click to expand...

Folks

I am a Miner so have limited awareness on Oil and Gas.
However reading the threads in ASF for some time and other relevant documents I tend to agree with comments made by Seasprite.

We need to support our comments with tangible facts and figures. We all here to make money and help the forum by feeding relevant information.

I also noticed today AZZ volume of transaction almost 4 times of the volume of sales on Friday.

Good luck holders.

DNH
 
Take time out and re read my posts pilots , I was condenming those who don't post and ride the tails of those who do.
 
is anyone still holding azz?

trading halt today, with no real reason given. anyone have a clue?

im still holding
 
fureien said:
is anyone still holding azz?

trading halt today, with no real reason given. anyone have a clue?

im still holding
Click to expand...

Better than expected flow rates???????? I sure hope so. But it just could be they are going to ask for more money to develop the field, A take over, got more land, I am only guessing.
 
pilots said:
Better than expected flow rates???????? I sure hope so. But it just could be they are going to ask for more money to develop the field, A take over, got more land, I am only guessing.
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pilots the second page mentioned capital raising as the sole reason for the halt

i think it trades on wednesday from memory
 
I assume that a large investor has been negotiated allowing for the full acquisition of further acreage in the Yellow Rose project, hence the trading halt prior to announcement.

As a small shareholder I'm just a little curious as to how long before trading would recommence?

It sounds like good news though???
 

The good thing for us is that they will have completed testing the well, and will have all the numbers for when the TH is over, this looks VERY VERY good just now.
 
pilots said:
The good thing for us is that they will have completed testing the well, and will have all the numbers for when the TH is over, this looks VERY VERY good just now.
Click to expand...

I tend to think it will be great news too. It looks good for the long term prosperity of the business!
 
This share has been in a trading Halt for a while, and according to Comsec is 'suspended'. Also when I look at my portfolio in Comsec, it says the value of my holding is $0.

Does anyone know why it is taking so long to come out of the Trading Halt??
 
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