Thanks for your efforts Howard, not surprised with lack of response. However with: 1 OPEC agreeing production limits 2 PoO rising 3 Rumours of a buyers interest (source ADVFN message board) 4 Recent news Peace has broken out we might see s.p. rise soon enough.
I sent the following E-Mail to Giles Clarke 10 days ago and still had no reply despite a chase yesterday==
As a long suffering shareholder-in respect of share price- I refer to the interim report of 15/09/2016 which indicated 2016 targeted production exit rate of 7200 BOPD.I am concerned as in the RNS of 27/10/2016 you state we have guaranteed right of throughput of 5000 BOPD and discussions ongoing re increase throughput. As end of 2016 is nearly upon us,perhaps you could let the market know where these discussions are up to in respect of an increase and as it has been 5 weeks since throughput started what the present rate of throughput is.I have watched to share price hover between 25/30p over the past few months as each RNS promises but doesnt quite reach the goal. I know we are close but an update know would I am sure mean a lot to us longterm shareholders and hopefully the market and drive the shareprice back uo to the 50p marks.One last issue I would like to know is how the peace talks in the region are going. So please provide an update in respect of =Actual throughput at present =Where Discussions upto re Increase in throughput =Update re peace talks
I hope that the BOD read these bulletin boards and give an update whether positive or negative.
As an aside I also contacted MD of MTR and got an immediate response despite him only being in job for a couple of days.
Trying to find a distance map from PAD 9 & PAD 5 & OBA - the shut in production left these two operating - as they guys state there is will be a specific link up via pipeline for export to the OBA for PAD 5 and then shut in prod'n turned on. So the delay is understandable just badly communicated. I've looked quickly at the presentations without success - this pipeline link up should be purely construction based - not requiring any further permits? - I don't know - time for an update - As other AMER BB sites state - the lack of news holds us down, and WTI movements have no impact sadly - as +$5 price is a big help. GLA GN. Fingers crossed for next week - hopefully - long term no issues.
Bafffled?? Maybe we should not be. Each well has to be connected to the Export pump. How were they connected before? If each well was connected to it's own receiving tank, then each well needs a Flowline to the Export Pump manifold. One Well site is close to the Border the others are more distant.
Choppy at the moment we are only recognised as a small e&p producing 1500 bpd, until we get the nod that we have increased that to 5000 and then the 7200 as forecast by the year end. We will still be a small e&p but at least the Oba will be seen to be providing better turnover and also the amount of shares in issue has gone up considerably from the past sp rises.
Large trading volumes no Upper SP - Tim Curry & Robin Williams Fern Gully Brilliant - Rain Forest - As true as I'm riding this Camel - what the FxxK is going in- We have no $1bn debt OK the odd contingent liability to the where the Fxxk are we tribe - hands up repair and bond - simple as Hadrians' Wall. GN HNY GLA
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