Member Info for blissful

Not sure if this pic has been posted as I have been out all morning.

Https://x.com/petro_matad

Hamm, where on earth did you get any hints of a takeover? MB hasn't mentioned anything.

Https://www.youtube.com/watch?v=RiIIkQO95z4

We should be into the main target area this weekend with TD sometime next week if all is going well with no hold ups. Heron2 came in a few days early so we may be ahead of schedule at Gobi as well. Next week could be a blockbuster for holders.

I wouldn't want to be out over the weekend!

No one is pumping this up, JA has told the market there is an offer they are looking at. That is what the market has been waiting for so the sp rises. Of course, some will then sell and take a profit, that is normal. Others will buy into the selling because it does sound as though the company are at last getting somewhere. And there are other offers expected, exciting times.

'Our intention is to conclude a transaction as soon as possible.' Jeremy Asher

Good news regarding the farm in will send this up 100% ? I doubt Jeremy will want to wait very long before giving a decision but I think we may get more than one offer. Only my opinion , nothing is a dead cert but this is not far off being one.

Good timing, JA will be speaking on 9th. Malcy is hoping to get an interview which I am sure he will.

Exciting times, we may even have news by then, what a long time a week can be!

https://aowenergy.com/speaker-list/jeremyasher

Sorry about that, wrong thread!!!

Good timing, JA will be speaking on 9th. Malcy is hoping to get an interview which I am sure he will.

https://aowenergy.com/speaker-list/jeremyasher

Just think Rodders, this time next week(if Gobi hits the sweet spot) we'll be millionaires.

The last raise included funds for Gobi, $1.5m, so not a disaster if Gobi is a duster as the costs were factored in.

'The net proceeds of the Capital Raising will primarily be used to complete and put Heron-1 on production, drill, complete Heron-2 and put on production, drill the Gobi-Bear 1 exploration well and develop renewable energy projects.'

But if Gobi is a success the sp will go into orbit.

Malcy will be seeing Jeremy at the conference next week so we may get a bit more on this. With one proposal already in, if other wish to follow suit they are likely to do speed things up before Tower says 'yes' to the first one.

The proposal is unlikely to be cancelled, it's more likely to go ahead asap. In fact, we may have more than one proposal.

'While there are multiple other parties who have expressed interest in partnering with us, there are two other parties in particular who have undertaken substantial due diligence on the project over the past few months, and we are also expecting a proposal from at least one of these companies. Our intention is to conclude a transaction as soon as possible.'

There is plenty of time for this to rise so no FOMO needed, many will have missed the RNS but reading it over and over again it appears we could be spoiled for choice here. This has been dragged down over the years on lack of good news and now the reversal has started, a long reversal that will take us up to drilling a well where we know there is oil! What more could we ask for. Well done those who have stuck in here and bought more on this exciting news.

I think they were always going to stick at this until they could drill so well done Jeremy . For once a Tower RNS makes pleasant reading, thank you.

'We have now received a proposal for financing of NJOM-3 via a farm-out of a minority position, from a substantial upstream company with existing production. We are in discussions with this party about the details of their proposal, however we can say that, provided discussions conclude positively, this proposal should provide sufficient funds to drill the NJOM-3 well - we had received a draft proposal from another party last year, but only for a portion of the funds required. While there are multiple other parties who have expressed interest in partnering with us, there are two other parties in particular who have undertaken substantial due diligence on the project over the past few months, and we are also expecting a proposal from at least one of these companies. Our intention is to conclude a transaction as soon as possible.

We also have two parallel sets of bank discussions underway with multiple banks, one for longer term development financing of the next three wells we have planned for the Njonji structure; and one for short term development, which would supplement a farm-out to finance putting NJOM-3 into production earlier, while still working on the next three wells. We are keeping an open mind on these options, and discussing them in detail with both our banks and prospective farm-out partners. We expect to reach a conclusion on this short-term production option and bank financing in the coming months, before drilling the well.

We will update investors as soon as we have concluded definitive agreements, but until then we will not be discussing the details of the proposals that we have received, or may receive, as these are confidential to the parties. While we are now very confident of achieving a positive funding result, there can be no guarantees until we have signed definitive agreements'.

Some people are happy with pennies but my target is back to 1p once the farm is definite. Then they will almost certainly have oil so another big jump up. Well done Jeremy, I always thought your persistence would pay off.

gotreal. wake up, that fool tw gave a target price of 2p. his words, not mine, and he must be feeling sicker than a dog at the moment. are you one of his minions?

'zephyr energy: i am not a chartist but this chart looks sicker than a dog and the fundamentals are worse: short at 4p ahead of placing, target 2p'.

*************.com

https://www.linkedin.com/posts/tom-winnifrith-04b31b12_zephyr-energy-i-am-not-a-chartist-but-this-activity-7226579512388440064-cuaj

Colin's words were, ' On the partnership side, we are really excited to see the reception we have has so far. We are in advanced discussions about looking at performance for the well bore only here, or potentially a broader asset level transaction as well'.

Yes, we can't jump to any conclusions except so far this has been a huge success. Watch out for the shorters, they are already here as TW has apparently given a target of 2p.