Member Info for cperkin

Might as well stick with my year end price of 10p along with Malcy ;)

& not forgetting the Six Million $ Man steve!

Anyone predicting SP of current levels or less post producing 2100 boepd per annum and the associated nett earnings is suspect imo.

Again, if you ignore everything that came from the Tanzanian Government last week, the Ntorya development
the Tanzanian African Energy Hub and 1 BCF per day demand then I could understand your point of view Bucks.

It seems though that these events never happened in your view & the probabilities of a licence and the unlocking of the significant assets seems not to have changed.

"Wheels falling off" just sounds desperate when the fundamental assets and Geology along with the publicly announced change in tact from the Government suggest the chassis and engine are sound and wheel change is of little consequence.

Charts, depends on the time frame you want to present, a massive 6 to 700% rise and fall over 4 years and the Geology and resources only increased 12 fold during that period.

Frank, you should open the fun book for another week to allow people to adjust to the news.

jamtart1: 30p
Trrime: 22p
itdoesntmatter: 17.5p
Babelfish66: 15p
FROGLEGS: 12.2p
Hoofharted: 12p
Steve: 12p
Chris: 10p
Fando: 10p
obone: 10p
scooterstan1: 10p
cipro: 9.5p
OG_newbie: 9p
Panch: 8.8p
joeltg99: 8.5p
django7: 8.5p
robjprofit: 8.5p
P in the wind (via twiter): 8p
keyap: 7.9p
P4NCH: 7.8p
bigdouble: 7.75p
Sambo12: 7.5p
Ariel: 7.5p
PurpleTurtle: 7.2p
Dougal: 7p
opp03ite: 7p
John2015: 6p
SKY-RIDER: 5.5p
Carpo: 5.25p
Chesh: 5p
zebbo: 5p
IrishJohnny: 4.8p
Fellwanderer: 4.75p
kempey: 4.5p
Fjones40: 4.3p
Jacktrade: 4.25p
Atrebates: 4p
NeilHannon: 3.8p
Fando: 3p
micksnags1: 2.7p
DickieT: 2.39p
Maccaroo: 1.8p
Kej : 1.25p
BD1-S - lol

All guess work from OWIF 3p to Malcy's 10p thus far. We could open a book?

Fri, 27th Sep 2019 07:00
RNS Number : 8800N

"Post period, the Company has disposed of its full position of UKOG shares."

They sold it all some while ago Frank, they are not interested in a few hundred barrels of oil a day.

I think once the PSA terms are concluded it will be full speed ahead myself steve. The current FFD plan is targeting around 26,000 boepd within 2 to 3 years and the Gov now plan to be an energy hub supplying electricity and gas to Kenya, Uganda and other African nations with a demand forecast of 1BCF per day as it changes the demand profile landscape dramatically.

Going to be interesting to see what develops rog, Helium-1 IPO? Ruvuma licence? Maybe even a spud date?

It certainly won't be the sub 1p that some here predicted with glee.

All part of the rich tapestry of the market GL :) Profit is profit, how you go about is up to you & the avatar one hides behind.

Been quite this last week in Tanzania, although their is a TV follow up on the O&G congress this weekend, not sure if it will be on utube or even in English?

WHOOF!

Have a fantastic weekend all!

It will certainly give us all something to think about matherdj!

Think I will put to a strong buy for now.....even if you can't :0)

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

Thanks matherdj, not expecting anything like that of course. Anyway all depends on this raise price and appetite there after.

I see in the US forward PE ratio for O&G is 11 times.

Haha, true. So what is the price to earnings ratio for a gas company then. €20 million a year times?

What last year AA ;0)

Agreed AA, Mcap should be around current £22 million + the €40 million NAV, debt and cash, so significantly above the £15 million it closed at.