Member Info for cperkin

Proscuitto has been quoting +30% since about 0.5p....I guess it will still be +30% post 25 year development licence, so in the range of 2p to 3p XD

Thanks for the link Jungmana.

Seems these guys know exactly what they are doing.

https://youtu.be/H4XWyVXGJB8?si=4DW0TOJS5mLugTMY

https://www.londonstockexchange.com/news-article/HEX/execution-of-drilling-rig-contract/16435145

Working hard but to no avail.

Simples :)

More confirmations completed than a Bit coin block transaction.

What you mean this news that the licence is signed and issued ;)

"Tanzania Petroleum Development Corporation (TPDC) and its partners have secured a license to conduct natural gas exploration at the onshore Ntorya gas field in Mtwara region." https://www.ippmedia.com/the-guardian/news/local-news/read/western-regions-to-be-linked-into-national-grid-next-fy-says-biteko-2024-04-17-101538

Let it build :)

I don't know why you would keep that ridiculous thread going Tom?

Strong buy on 25 year development licence being issued, it unlocks the door to further drilling, workovers and production.

I wonder how many wells they have on the 25 year development plan, it was around 8 on the original submission I believe.

Yes the Tanz news is reporting that the licence has been signed. If so it's good news for SCIR, release of next monies + production in a major step closer.

Good luck to you all.

Good luck to you all here!

Agreed Crusty, only 57 believer thus far :)

Https://twitter.com/AminexPLC/status/1780512343597736244

https://twitter.com/AminexPLC/status/1780512322559054277

https://twitter.com/AminexPLC/status/1780512252900077900

Fully funded for their Q3 Helium drilling, unlike Helium-1

The SP can get some serious traction & build into the drill/appraisal

Deputy Prime Minister and Minister of Energy, Mr. Dr. Doto Biteko welcomes MPs and citizens to the Energy Week to be held at the Parliament Square in Dodoma on 15 April 2024 to 19 April 2024.

He has a post it note on his desk & a pen in his hand.... I think he is going to sign it!

https://twitter.com/Nishati2017/status/1778736262427332692

Thanks tony, contingent resources stuck in the ground (Stranded) are valued at almost £0 till they are moved to P.

I stick to my guns here, grossly over inflated MCAP at this stage of the cycle and with no production.

Yes, it's just way out of whack of anything reasonable. Do you not agree about the valuation?

No short, just an observation on the mcap.

Thanks OW, I will let copilot know ;)

So Zero production and a MCAP of £339.45m. I wonder where they got the 505 from?

For example In 2023, EnQuest achieved an average daily production of 43,812 barrels of oil equivalent per day. MCAP £301.76m

Pantheon 505 barrels of oil equivalent per day MCAP£339.45m

Union Jack Oil production exceeds PANR and it's MCAP is £22.38m

Quite frankly PANR is at a ridiculous valuation.

Forgot the BUY sign (Crusty will never forgive me)