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Smithmeister, take a long intake of air & breeeaaattthhhh. You are going to do yourself a mischief again. TRP isn't for you, it was damaging to your mental health previously hence why you changed your username and declared you had sold your holding?! The LSE community doesn't want to see you back on a double dose of Sertraline and paying regular visits to your local free hotel with high ceilings and no windows! Have a break for xmas and come back in the new year my friend, I'm sure JA will have released the game changing RNS we are all waiting for by then. PMSL. Peace out brother!
Exploration & Production
In our quest to become fully vertically integrated, Beluga Energy Limited is taking giants steps into carving our niche petroleum exploration and production footprints.
We continue to place premium value on highly committed E&P technical and commercial professionals, with robust experience and extensive track record within the upstream oil and gas industry. Our team comprises of highly knowledgeable asset managers and senior technical members with combined 60+ years of industry experience managing subsurface reservoir and engineering projects.
Our approach is to seek assured entrance through Farm-in into producing assets and de-risked assets nearing production, and this shall be executed through a disciplined and systematic pursuit of exploration, appraisal, development and producing opportunities.
Our immediate focus is on Nigeria and Cameroon, with future expansion into other proven basins across Africa. At all time, we shall maintain a balanced portfolio of both Exploration and Producing Assets, with near-term goal of achieving low-cost operations of acquired oil blocks.
https://www.belugaenergy.com/
Sounds like you’re not cut out for AIM Smith. No balls mate. Toddle on mate and back to the safety net of 3% pa if you can get it. Sounds like it’s all a bit much for you. No one wants to see you have another relapse And it does sound like you’re on the verge of another breakdown
Quite hard not to doubt it as we're over 60 days, it definitely didn't come sooner and the Namibia effect isn't a positive one. That and the main markets tanking which is always a concern. Sorry I can't see it all through rose tinted glasses, You see, I'm a little long in the tooth for all that. I will happily apologise to any that I have annoyed if Beluga and the ministry say yay. It will be a huge relief and if I'm honest a huge surprise now if they do.
150m shares. Errr no. Not unless I've gone all spread betsy and subterranean. I'd have my name on the wall of shame at trp as I would be +3% Got quite a few though and not exactly enjoying the ride. Like most of you I'm sure
As ive said to you before Bladders, poo makes no diff here, funny tho, how you always tell us when the POO is UP, and not when its DOWN. You rampers still trying hard i see eh
WTI back above $70
Not sure why people are getting their panties in a twist. It’s the instant gratification generation. Granted the timescales have slipped but we are talking about an African government department. I am not shi77ing the bed just yet. It’s an investment for me, not a short term gamble. It is frustrating but is only 2 weeks since we had the below update. Formal farmout approval imminent and I can’t imagine Beluga finance is far behind. If you have lost faith, sell up and move on. But there are other very unsubtle games being played here. Classic AIM.
“The Cameroon Petroleum Code provides that approval of a transaction of this type should be provided by the Minister of Mines, Industry and Technological Development ("MINMIDT") within 60 days of 21st September 2021, when it was formally requested, which means by Saturday 20th November 2021. To date, Tower has received no objection to the transaction, nor any further request for information from MINMIDT, and whilst Tower believes that the conditions for the approval have been met, Tower is yet to receive a formal letter (a "decret") confirming MINMIDT's approval of the transaction.
While the Company waits for a formal decret, Beluga continues to work on its financing process, and the Company continues to work with the intended rig provider and service companies on the schedule and terms for the NJOM-3 well.”
Where's Ollie42? We can get a team of realists to counter the head up their rear rampers.
Filtered as paid deramper. Sold out so now deramping. Looking to top up so deramping...... Yada Yada yada!
Let's see who's right. Should be before Xmas, turkey twizzlers for trp holders this year
Smithy they dnt like the truth.
Banned again from where? You and pumpy claimed I was banned from here and twitter I've not been banned from either. There's no reason to ban me I have an opinion just like you... and your 60 days nailed on confirmation rns. You were WRONG! Pepsi added to the misery by adding his email. You two do more harm than me!
To clarify
Cameroon falling through is just my opinion. It's certainly not gone according to plan and this more often than not is cause for serious concern.
3rd Dec you were talking this up as a £15 m company. now trying too much to knock it… sold up have we. ? “The lady doth protest too much”!’
Filtered
What legitimate reason do you have as to why Cameroon won't want us to drill this Smithy? Just stop spouting rubbish or you will be banned again. If you've sold just move on. Simples
Yep. Rose tinted glasses are fading fast around these here parts.
Time line of events so far
Beluga RNS
Placing
Sp down
What's to come imo
RNS stating no farmout deal as fallen through with Beluga due to shareholders
Mass tank of sp 0.15 p
February 2022 placing
Consolidation 2022
Namibia 202-
SA 202-
I'm dumbbb but smart enough to know I could be wrong on all of the above. Unlike the delusional rampers
Yes they have done their job. Small fish always get fried.
60 days has passed, we're down
Namibia drills have spudded we're down and so on.
The pumpers spike on the 10th of August was the real trade here. Orchestrated by those in the know to aid the placing price. Clear as day to me. It's down no deramper just facts, down! Pumpers group have all gone. Yes, group that's what they do in illquid stocks like trp
Seems like it's OK for rampers to talk utter ****** so why not the realists? Where's Pepsi,? perhaps he can send the top dog another email! That 60 days document turned out to be utter tripe
I'm going for a flat week before rns on the 13th with regrettably, unfortunately, due to reasons beyond our control being used repeatedly. Then it's 0.15-0.2p
Tower are 'in touch' with the Cameroon authority's regarding sign off so why people talk are speculating and talking non sense is beyond me
I see a small rise today then finish red again maybe 36 today
Probably is best to look at South Africa and Namibia now as Cameroon is highly likely to be a wrote off for now. Like the way you're thinking Farnham. If they strike it rich in Namibia then perhaps that will help us hold 0.3p until the next placing. Company will need funds by H1 2022
So sometime toward beginning of feb we will get another verification of the resource in that area
I imagine there was something like a "How would you like us to return the letter?" option with choices such as
A - regular post
B - signed for post
C - Courier
D - carrier pigeon
Should have selected C not D
I don't understand the motives alof the strong deramping on this forum other than to get people to sell up.
Ignore these guys and decide for yourself.
I am annoyed by the delay but it's not the end of the world and I wouldn't post as if it was
Its normally bad news when its heavily delayed.. let me guess something to try make it sound positive.. approval letter lost in the post due to covid.. await new lettter another 60 days lol