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Sorry made a mistake re-cos on Welwitschia, using my phone, have corrected below ;-)
The cos on Welwitschia is 15% which will increase with the 3D reprocessing, the results of which are due snytime. The same for Gembok in PEL29 with a new 3D acquisition
The Welwitschia numbers look to correspond to the prospect target 6 in negotiation with Azinam as per the presentation below ( in negotiation targets 5&6 slide 4 and target 6 slide 7)
http://www.azinam.com/wp-content/uploads/2019/04/Azinam_NamibiaOGconference_UU_APR2019.pdf
The cos on Welwitschia is 30% which will increase with the 3D reprocessing, the results of which are due snytime. The same for Gembok in PEL29 with a new 3D acquisition
People need to get real. GBP's licences are so far away from the Venus-1 well site that you could fit the whole of the North Sea in between. Meanwhile the lowest risk targets have COS figures of only 15% and 12.3% which are very poor and the COS of the other targets are even more attrocious.
Holdings rns this week ?
Again just need to checkout Geewhizzzzzz's profile to see where he coming from.........every post no matter what company he is negative .....even Char
Paid de-ramper if ever I saw one
https://www.lse.co.uk/profiles/geowiz/
Fred, we had an rns this morning, confirming we be officially de-listed from the ASX tomorrow, having seen the last trading day on the 6th.
Thursday on wards we will be tee'd up for corporate activity imo.
15% of the free float has been traded already today, which in it's self points to corporate activity
Just to make clear ..........any deal will come with cash
Just got in - can’t believe we’re up so much does anyone know why?
In case anyone missed it, Peter Taylor was re-elected as NED for TRP at their AGM on 6th July. He also has a modest shareholding in TRP but of significance it maintains the link and the interest around Walvis Bay with GBP.
yes trp m8
Many will be thinking this is the same old up and down of previous spikes, but this one is different, this is the real deal this time imo
yep up 100% still down 50% holding until . something
Frontier Africa E&P virtual conference coming in September ......AziNam will be a main feature
https://www.frontierenergy.network/africa-ep-virtual-summit-2020-overview
I’m holding this until 10p. If it’s true that’s conservative
No one is having mine!
There's not a lot of floating shares out there. Mostly in sticky hands..unless this is an ASX swansong ramp. Still early days for the long.
This is more to do with upcoming corporate activity coming our way, than Venus right now imo
Fair value for our assets in a post code where majors are land grabbing .....8-10p ?? and more when a farmout is concluded
I must have someone else's dealing account , it is not the same one I had first this morning ;-)
Is there new news on venus-1? ! am looking but cannot find anything recent
Volume inbound... :-)
:-)