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Solo Oil Share Chat (SOLO)



Share Price: 0.235Bid: 0.22Ask: 0.25Change: 0.00 (0.00%)No Movement on Solo Oil
Spread: 0.03Spread as %: 13.64%Open: 0.24High: 0.24Low: 0.225Yesterday’s Close: 0.235


Share Discussion for Solo Oil


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FROGLEGS
Posts: 2,054
Research
Opinion:Strong Buy
Price:0.235
Interesting tweet
Today 00:35
PerfoBlogger‏ @PerfoBlogger
regrann from @oilnewskenya - Workers on a #weatherford #Rig #Tanzania #Gas #Aminex #solooil… (link: https://www.instagram.com/p/BIJDM79BWZ1/) instagram.com/p/BIJDM79BWZ1
 
Omnicron45
Posts: 119
Off Topic
Opinion:No Opinion
Price:0.235
Waiting
Sat 18:56
After all this time it's weird how it's so close but yet seems so far away.
burningdown1side
Posts: 124
Off Topic
Opinion:No Opinion
Price:0.235
RE: rns announcement
Fri 22:05
A word of warning as its too late for me; even when very good RNS is released it does hardly anything to this SP.
cperkin
Posts: 237
Off Topic
Opinion:No Opinion
Price:0.225
RE: HH play
Fri 12:47
Hi Webmoor, If I remember correctly, SOLO have 15 days after first payment to come up with the cash for the 2nd installment, if they still wish to, they have a pay or don't take agreement so they are not obliged. I did do some calculations a while back and estimated that they have just enough cash for the 2nd payment but non for the third as things stand at present. The third being dependent on being on full production.
astonvillatrader
Posts: 77
Off Topic
Opinion:No Opinion
Price:0.24
steve58
Fri 11:19
"Probably easier to take out a loan against gas income"

placement, placement, placement
bigdouble
Posts: 3,092
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.24
View Thread (3)
From NR in April
Fri 10:23
To the extent that we are assisting AEX we are in fact assisting Solo. Unless AEX can resolve its funding we will not progress the Ntorya appraisal which is in fact 5 to 25 times as large as Kiliwani North and is the real prize for Solo. We are buying equity in KN on a price set at a production expectation of 20 mmscfd, but we now expect the project to flow at 25-30 mmscfd so we are in fact buying at a significant discount.
bigdouble
Posts: 3,092
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.24
View Thread (2)
Kiliwani
Fri 10:15
We did them a favour buying a further chuck of Kiliwani when Aminex needed funds. Maybe it's payback time.
juniniho1
Posts: 78
Off Topic
Opinion:No Opinion
Price:0.24
rns announcement
Fri 10:13
is this latest release good news ?
steve58
Posts: 1,738
Off Topic
Opinion:No Opinion
Price:0.24
Paying aminex
Fri 09:51
Probably just let aminex keep some or all of our production income until paid.

If we have our 10% then will take about a year to repay.

Of course the salaries and other expenses still have to be paid and further Hh costs will have to be paid.

Probably easier to take out a loan against gas income.
Webmoor
Posts: 502
Observation
Opinion:Weak Buy
Price:0.24
HH play
Fri 09:17
Has anyone any idea how we are going to pay AMINEX, it will become due the moment production is confirmed, do we have the dosh or has it all gone on directors wages,




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