Member Info for cperkin

SP here is false, no idea what they are doing. I tested it with a Quote.

Thx agreed chris!

SCIRS interview - Ambrose!!!

https://www.youtube.com/watch?v=AQVRLtvojOM&feature=youtu.be

https://www.youtube.com/watch?v=AQVRLtvojOM&feature=youtu.be

Done better than that, they delayed the drill by a whole year to ensure a sale without the C1 drill result which would probably have pumped up the price by at least double or more.

Agree trrime, they might 3D over the pad and drill in Q1/2 2021 in that scenario.

Looks like SCIR are in a better position than AEX short term stonefold, now the dream of a Q1 2021 spud for Ruvuma is off the table. SCIR have the sale of Ruvuma and the Helium-1 IPO 4th December followed by 3 drills starting Q1/2 next year.

Strange, I guess it will tank if your trades go through then?

Stark contrast the SP performance here compared to AEX

If the Zubairs are interested in SCIRS 25% then this is a master stoke, delay the drill to force a sale before C-1....

Morning steve, agreed not a good return for shareholders, the only people who will benefit will be those recently invested @ the £10 mill mcap and below.

lol crusty, what happens if all the money for the $35 million carry is not spent? It's returned as cash so the $40 million is a cash equivalent offer Crusty.

How many you selling Crusty?

I agree trrime, looks like the base value is $20 mill as per the AEX FO The BOD will do well to get any more.

RUVUMA 4 SALE

All those rns and interviews about securing the long lead time items, was RA just lying?

I don't think it changes their strategy at all steve, they plan to sell Ruvuma and probably all of it and it is likely to be a lot cheaper for a buyer before the CH-1 drill, even if they only hit the appraisal target, if the deeper target also comes in the price will be much closer to NR's $100 million, so better to buy now if interested.

All hail BH and JB, after all they did find a lot of gas, well with a lot of help from Neil Ritson from solo anyway ;0)

Talking about history, so the Shoats creek asset that crusty mentioned, ended up at Northcoat, who became Mayan energy, who became Attis O&G who and are now about to become Helium-1 with what was solo oil, the JV partner here over 2 assets and became SCIR is the largest single shareholder. (I think AOGL sold creeky)

Small caps....

Just the OCM output and a spud date would be enough for me next week grsshaw, I don't want to be too greedy ;0)

John, that's my point, they have the OCM meeting (if in fact everything has been agreed) and according to Neil Ritson ex CEO of SOLO, they submit the RNS wording to the GOV who then requests changes/approve. Apparently this can take several submissions before approval. Don't know if the situation is still the same, but it would not surprise me.

So when do people think we will see the result RNS'd and the forward work programme? Surely we should be hearing something next week after the Gov sign off the RNS.