Member Info for Bridges

Only 5 bagger = 0.0125p I don’t think so mate. When ratified and we get Tano 2a you have your valuation a tad on the low side my friend!

Correction 2018 yr end

My money on WC 27/5 with news due and preliminary results for December yr end 2019. I expect a good update with the RNS expected anytime GLA

For me I would prefer farm in and hold out for huge multiplier returns in the exploration and then production phase.

MonopolyGuy too true that is the status, there were successful discussions and agreements made in September all we are waiting for is ratification of the agreed PA. We are on the Verge of huge re-rate.

Agreed mate, it is still speculative but the probabilities of it all becoming a reality for clon are closing in. I have invested heavily here but I am comfortable with my position it is in my 30% portion ;), Nobody should risk in any share money that they can’t afford to live without. That said I am positive that given all the facts that we will hear very soon that the block involving clon will be ratified.
There were some comments made about Erin finalising the liquidation process before Ghana could reallocate that block and I am wondering about this be finalised. Anyone got any info in this ???

They have been in recess since 30/3/19 and were recalled to discuss some urgent business on 26/4 and 27/4 not clear what it was to do with but I think it was some military cooperation agreement between Ghana and US. Other than that I think that they are still on hols ;) I guess they will be back soon, just keep your ear to the ground.

Icarus69 I am holding tight until we get ratification and then preferably farm in. Huge rerate on the cards if this happens then I may take some profit but the majority I will be holding out for long haul. What is your strategy ?

Freeshare the reason this tiddler isn’t multiples of its current market cap is because this journey has been prolonged by legal issues, no fault of their own but you probably know this anyway!!
Once this is fully cleared out of the way then there will be no reason why clon shouldn’t start reflecting true potential value. Why I hear you say, because of demand for the shares via interested investors, big oil and PIs possibly II. We will be in a situation whereby clon will be sitting on a golden egg :) that is why I have invested, ahead of the ratification, ahead of the game. Anyone else who has done the same will get huge rewards, those that take the biggest risks will get the largest rewards. 100m market cap will be tiny compared to the value just do the math ;) GL

Tiburn I like the way you frame you argument! I think the news we have been waiting for is around the next corner. There is no reason the market cap on ratification will not re-rate on a huge scale. Tano 2a is a block that will be in very high demand. I think that, considering the shares in issue and that they remain the same, on news and ratification of agreed PA we should se the market cap above 100m and increasing on interest from Big Oil in whatever guise that takes. GL long termers

The potential here is huge. We are only 2m market cap compared to BPC at c. 35M. On news of ratification and then farm-in no reason why we should not be over 100m market capper.

Totally agree, shares in issue are on the low side. I believe that of what shares are actually out there the majority are held tightly. Any significant demand is going to put pressure on this share and we will see massive re-rate.

Yes it’s been a long wait but explosive value is not something you get instantly it’s something you need to wait patiently for. I believe that we won’t have to wait much longer. Once we get the ratification the market cap will increase significantly as we will be sitting on a huge block in a sweet spot ! Then we have farm out and exploration possibilities. I will be holding until we start to drill them I will take some profit. If we get ratification then exploration drilling could start this year. It’s all good ;) and will be worth the wait!!

No worries mate. Things are now falling into place. What next.
Ratification
Farm in by ?? Possibly Aker, Thullow etc.., there will be competition as this is Tano Basin.
Exploration
Production.

Sorry but You are even more of a numpty than I first thought, just saying

Good find and looks like they are teeing things up for an announcement

There were successful talks in September where the PA and revised coordinates were agreed. The detail of this deal we are awaiting, soon to be made apparent.

Monopolyguy yes we are nearly at the point of ratification of the agreements made last September. When this happens we will not be at this market cap for long!!!

We certainly are nearly there, I expect ratification of the agreed PA this quarter and looking at the news churn I anticipate that this will happen soon!
On the cap issue I am not following that particular company and without knowing the specifics I can’t really comment on that but GL in any case.

Easter break guys, check back in a couple of weeks, nothing will happen over the next few weeks so beware of the usual trolls;) GLA