Member Info for Bridges

Agree with that, to be fair there is not much else they can do to get shares as there is not many of them freely floating around ;)

Serious question, He has to close this soon ;)

This is speculative but a block in Ghana adjacent to Jubille block could possibly be worth usd 50m at least plus EG another 4p c. Again speculative but if all the ducks start lining up then we could get a very tidy return. I am expecting a movement on this soon, as oil and gas exploration is starting to generate some momentum. If countries like Ghana want to capitalise on the next cyclical up turn then tommorrow is getting too late for them. They need to generate more income from o&g to inject more expenditure in their infrastructure and to generate wealth for their country. Pressure is on!

We have block EG18 in Equatorial Guinea, best not to forget about that one:)

This remains to be seen and what we are speculating on, have to sit it out.

My opinion 100% , the block is right next to the world class Jubilee field. The oil sp increase makes the block potentially more viable to explore therefore an increase in value for the block is linked to this. Price tag as much as big oil wants to pay for it. In my opinion at least 12p sp on ratification now.

Flying through Clons offices!!!!! Anybody out there? I see someone has placed a whooping 25 trade lol Oil sp going north, This should develope.

Good post HGW just a matter of time, how long not sure but it must be soon. GLA

I would like to do it myself lol

It’s up to them but this is all about a matter of time. Ratifiction being first stop Extrem patience required ;)

Works well on good news as not much shares floating around ;) held very tightly. News must be due OIL sp going north Ghana must want to capitalise. GL

Agreed but I think this is a well calculated punt given what is at stake and the positive news from Ghana on the talks with the government, also we now have on a very positive note Equatorial Guinea. For me I have around 9mil and don't mind sitting on this until it pays out, I am not In a rush for the money so we will watch and wait. I am confident we will get a great return here and will hold this until we get proper value out of the assets. What that means is ratification tick, JV/farm in / BO tick, expoloration drilling feed tick and First Gas tick

Totally agree, longer than I expected but this is Africa and therefore we need to align our expectations accordingly. Clon Have stated they are continuing discussions and in reality we don't know exactly when these will conclude positively. But I am speculating before the end of the next Meeting i.e. The end of this year 2017.

Lull before the storm

Then the exploration journey will start not just pure speculation. The reason we are below 1p is the fact that ratification in Ghana has not occurred ...yet. We are speculating on it happening and when it does the prize is a block adjacent to a world classs julbliee field... there is data out there already in the public domain suggesting this area is highly likely to be a play. GL

Once ratified with Equatorial Guinea we should be at 8p GL

Nether re: Ghana once ratified it will no longer be a speculative punt, dear this in mind. This will be a JV/farm In or BO. They won't need to issue shares to fund drilling. There is BIg Oil already in Ghana wilth the right equipment and finance. Best leveraged oil play out there With Oil going north, looks like glut disappearing, by 2021 we will see oil over 100 that is for sure. DYOR AND GL

First time in six weeks. Things are warming up, its happening, inventories are down and the glut seems to thankfully disappearing!!! This is the oil market starting to rebalance; watch the oil plays rebalance.GL

Ghana starts work Gas Master Plan https://footprint2africa.com/topics/oil-and-gas/ghana-starts-work-gas-master-plan/ Regional Maritime University signs MoU for Offshore Liquefied Natural Gas (LNG) terminal http://m.myjoyonline.com/marticles/business/regional-maritime-university-signs-mou-for-offshore-liquefied-natural-gas-lng-terminal

Sooner Than You Think. Ghana gov need to get a move on if they are going to capitalise on the next boom. We should be well into boom territory by 2022 (due to significant projected supply shortage) slowly ramping up in the meantime. Exploration programme needs to kick start yesterday and Ghana gov are aware of this. DYOR GL