Member Info for belisce6

Yeah.. so currently market cap at cash levels for end of 2019 ? based on committments announced to market.
Yet Anchoi worth something.. maybe another 10 to 20 mill quid on the market cap in relatively short time ?

Looking at daily charts, 5p looks like a 200 DMA target short term, then that massive gap down from mid7p area looks like the next target..

It wouldnt surprise me if both were hit on some spikeup over the course of the next 1 or so..

A 25 to 35mill quid market cap would be 2 to 3 times current sp level.. it wouldnt be overpriced at those levels... considering current projected end2019 cash levels, Anchoi project advancement, and possibly at least one farmout by end of the yr on any one of tye other 3 high risk high prospective resource projects..

Topshares,
I donot know the story behind you example of rpt rise.. are you able to describe the situation and circumstances behind it ?

So oil prices at 100buck during time of previous relinquishment..
Question 1? Was 307Bcf deemed to be "piddly" to repsol and dana ?
Possibly.. would they have had other larger priorities at the time ?
Question 2? What was the morrocan gas price at the time (2012)?
We already know the cost regime was quite considerable back in those days.. but the relevant gas price ?

Its a shame the derampers state their case on data which doesnt actually appear to be absolutely directly relevant...

So essar baloney last yr was due to essar having to stump up the bond moneys.. they were skint so then tried to hack into shorecan.. thats my interp after seeing the video..

Once the bond is finalised in coming weeks, then all will roll out and fall into place.. 1st bond, then rig, then big finance deal closed...

As with EVERYTHING, would expect it slipping into may..
I doubt they want to start producing mengo so that snpc can payback a lot quicker leaving current % share as is..
The longer it takes to start mengo production, the more the snpc would have to give from current cash they have, so more incentive to convert their outstanding debt into giving aaog a higher % of project :-)

Exceptional RNS for a somewhat no news RNS :-)
Haha..
Great excuse for delay of cpr :-)

Anyone know when Shell is going to actually drill ?
And the other numerous nearby drills which were licence-related committment wells for 2019.. before november if i remember correctly..

But will snpc be able to fund ongoing committments ?
Possibly thru mengo r2 cashflow, however thatll accumulate slowly over the shortterm, so hopefully aaog manages to up some % in the project later in the future :-))

I dont think it matters who wins.. cos copl seems to be in with both or either or..
Besides.. the two candidates were on the same side not too long ago (if my reading of some news articles is correct), so quite possibly a common modernday local deep state type scenario occurs, where either of tye two candidates is in fact the best option for the "business" world..

"Complete a production acquisition"

This line is in the 2019 work...
I wonder what it refers to ???

Are the 6 to 10k bopd supposed to be per well, or an accumulation across up to 4 wells..
Based on previous comments, i have a feeling it is per well.. so some 24 to 40k bopd gross on the initial 4well production setup..

:-))))
Hmmm...

Fjones,
What was the reply?
If you are able to tell us :-)

*would be better that for meateaters...

Applegarth..
Sounds like baloney :-(
There is no need for more "crops".. unfortunately many vegans miss this point as well..
Eating plantbased diet is only good.. real food.. no need for grain or cereal crops at all.. alternative grains.. yes... if the current agrucultural land was turned into Regenerative farming, or Permaculture systems.. then can easily rewild a lot of the current ag-land.
Woukd be bettee that for mear eaters they then go hunt their meat in the rewilded areas... probably much more healthier than the antibiotic steroided carp thats available nowadays...

They will be gunning for as high a bopd production asap.. cos then they hit their options targets... also not wanting to dilute the share registry much more ..

A few wks ago it seemed a bit dire..
Now looks to be realising its potential..

Nice for a change.. compared to most aim companies :-)

400 r1r2 and 500 bopd mengo from current 3 wells at 55bucks with 10buck costs at 56% would give annual net revenue of circa 8.3mill usd or abouts 6.6mill gbp..

That is current wells alone..
6.6mill at lowly 5pe gives about 33mill marketcap or about 18.5p
So i see this as a base sp from hereon in...
Looks like we can forget about 7s or 10s going forward :-)

Obviously with higher oil price and higher pe just on current sitution, tge sp easily breaks thru 20p..

And still the new horizons plus mengo at better figures ?, then djeno and vanji and new acquisition or similar to come :-)

Irishmouse.. i am virtually in the same situation..
Averaged down in 6s to get 10pish average..
was gonna try get more at lows but my risk circumstances stopped me :-(

I will rephrase that.. "part" of new capital is supposed to be for completing current drill..

Fair assumption.. the RNS did mention the funding was for "part" of current drill (unless i am mistaken)

If they get the license already, just based on r1r2r3 horizon, thatd be very positive..