Member Info for cperkin

Safe travels and I hope it is useful, any feedback from anyone going would be much appreciated, looking out for the 11:30 RNS + presentation.

GL

Hang on, checking my crystal ball BD1S

Stop cross ramping Jones!

:o)

Certainly nothing they can do about Ntorya till the Gov finish their review of contracts and PSA's. They do need to deliver on a deal though and my expectation was first half of this year, so the next few weeks.

Lets see if we get anything out of the AEX AGM tomorrow, not that I am expecting anything other than a rehashed presentation, but you never know.

Keeping everything crossed, GL

New BOD @ SOLO + Chief at Helium-1

Past is past.

Mousey is busy with AAOG, Tarry not seen much around,
Apache got banned, whilst Drewkys still a fan
And crusty is busy whilst waiting.

RNS tomorrow then + a rehash of the last presentation+?

Hi Steve, all 98 BCF is prospective recoverable and not 10% Like you say though till they get a drill into the ground....

"Helium One’s Rukwa Project in Tanzania has independently certi?ed most likely unrisked prospective recoverable helium volume of 98.9 billion cubic feet (“bcf”)"

@ Zebo, the book value is around £3million based on last transaction value and slide 14 of the March presentation. They need to get a drill down, this year would be good!

As for the current cash position, with 3.5 million raised to drill Chikumbi-1 (still waiting for an extension license) + asset sales, the money I trust is earning some return. I wonder what that is as a proportion of G&A?

http://www.solooil.co.uk/~/media/Files/S/Solo-Oil/reports-and-presentations/2019/solo-oil-plc-corporate-presentation-march-2019.pdf

https://torontosun.com/news/world/tanzania-helium-find-offers-hope-for-worldwide-shortages

Would love to see some new Babel, unfortunately I don't see what they would or could hold back for Wed release myself.

Good luck to those going and any updates here would be much appreciated.

The point being if an individual is below 3% you have no way of knowing, no TR-1 mjapac.

No the BOD are well below the 3% reporting as a whole, never mind individuals.

Eclipse Investments LLC
28.36%

Majedie Asset Management Limited
9.33%

Aminex Board of Directors
1.46%

Quite agree steve, the BOD need to deliver their diversification plan as stated, after all the date of the extension licence is a unknown although there are some clues being in the swala Force Majeure statement with regards to PSA's coupled with the Tanzanian daily news articles on the PSA negotiations as posted.

Hello Roger, If you think it's helpful use it, if not dont. They don't all work, its a game of probability after all.

Have a great weekend.

Finished the contract review and now working on the PSA terms hardnose is how I understand it. This ties in with the Majors negotiations on PSA terms ref LNG.

https://dailynews.co.tz/news/2019-05-305cef8647f10c8.aspx

Thanks BG and the first stage contract review has now been completed.

Just a few working days to produce the Rabbit or be slated at the AGM. Unfortunately I think it might be a bad case of Myxomatosis!

#weighting