Member Info for cperkin

Any possible effort to bury an external and Bullish opinion by attacking posters it would seem.

https://www.malcysblog.com/2019/04/oil-price-block-reabold-aaog-solo-gkp-and-finally/

On deals.

"it would not surprise me, as I wrote in the blog before I met with them, if one or maybe two are not getting close to closing"

"making a move on an asset that would be designated as an RTO and lead to a suspension of the shares to return as a much bigger player."

"this management team is pound for pound one of the most experienced and smart technically and operationally in the sector"

As steve pointed out the old NR BOD had seven years and did not deliver, the new BOD look like delivering in their first year and are only 8 months in.

Looking forward to the next development for SHAREHOLDERS.

GL

@rattled Jackanory Kejoglo, the only one here making forward looking statements and SP predictions.

Knows about as much bout O&G and solo and a dog turd on your shoe imo.

:0)

Jackanory time from Kejoglo again who has done nothing but slag the company and posters on this BB, seems very agenda driven to me?

Read a professional experienced O&G experts view point if I were you & not the agenda driven posters from here.

https://www.malcysblog.com/2019/04/oil-price-block-reabold-aaog-solo-gkp-and-finally/

Anyone here who is telling you that they know and understand the SOLO transformation better than the Board and Management team who have more O&G experiance in years than Kejoglo has posted words on a share they are not even invested in needs to get down the library for some more Jackanory or maybe sign up to Audible ;0)

Depends on your thoughts about them dumping all the old dross assets for cash, that was phase 1 of the delivery imo in preparation for phase 2.

I agree though, honeymoon is about over and delivery is the measure, Highly experienced O&G Bod and team putting their reputations on the line here and not just solo's but Gneiss Energy as well

Good luck!

Some very interesting language from Malcy. Not sure what discussions he is referring to with Aminex but some key wording.

On deals.

"it would not surprise me, as I wrote in the blog before I met with them, if one or maybe two are not getting close to closing"

"making a move on an asset that would be designated as an RTO and lead to a suspension of the shares to return as a much bigger player."

"this management team is pound for pound one of the most experienced and smart technically and operationally in the sector"

As steve pointed out the old NR BOD had seven years and did not deliver, the new BOD look like delivering in their first year and are only 8 months in.

Very Bullish write up, probably the most bullish I have read over the years.

https://www.malcysblog.com/2019/04/oil-price-block-reabold-aaog-solo-gkp-and-finally/

Completely wrong imo BD1S, this is a 360 on NR's strategy, , NR's goal was to buy 10 exploration and development projects, seed investments that require long term ongoing investment before they provide material value at the end of the cycle.

Great write up and aligns with my understanding of the strategy.

Lets see what deals they deliver.

https://www.malcysblog.com/2019/04/oil-price-block-reabold-aaog-solo-gkp-and-finally/

thousand, that should be!!!

http://www.xinhuanet.com/english/2019-03/30/c_137934834.htm#0-linkedin-1-81384-1fa24a716d9c05123354ed78a0ed9eaa

Well thats a relief, how about a licence then?

Reef Resources..."the Company has signed Heads of Terms ("HoT") with Levant Exploration and Production Corp. ("Levant") on 21 March 2019 for the divestment of Solo's 28.56% in Reef Resources Limited ("Reef") to Levant. The divestment of the Company's shareholding in Reef is subject to definitive documentation being agreed and further demonstrates the Company's commitment to rationalise its existing portfolio as it delivers its growth strategy. "

Guess levant only need 30% to RTO?

Bene interesting to see if solo close the deal and for how much. Not expecting anything spectacular but ever few hundred million adds to the strategy cash chest.

Absolutely agree, you own a share and a divi gets paid then you collect per share. Miles off that scenario, although I believe it is only a licence and a drill away.

Aminex is one licence award away from a very significant bull run, when oh when might that happen?

Still quite agree ref KN-1 - Get on with it!

It started the week @ 1.3p and ended @ 1.375 so not so bad steve and certainly the strategy news released looks good imo but yes some material action is what is needed, either on the Tanzanian assets or from the Bod on Disposal of Reef and or an M&A deal.

Have a lovely weekend!

V positive :) well done holders!

https://www.youtube.com/watch?v=cjDbLvwEuRs

They would indeed have a legal issue right there, since the current Bod said the same via RNS, still they put no time limit on it and could run it post Early Production System (EPS) of 40 Million Scufs per day, gives them about 1800 barrels of oil equivalent to their 5000 target,

Fair play, but not sure what more they can show you though?

My position as you know is,

The licences have been awarded to the company by the Gov.
The CPR is independent and by a Global accredited company.
The report by Oxford universtity has been published in leading scientific journals detailing the new discovery methods used.

Leaving aside the news paper reports and quotes from the Tanzanian Gov on how this resource should be priortised by the Government etc.

Good luck with a response, I normally get something back quite quickly.

I got an email bounce from the address you used mherby.

Call this number +44 (0) 20 7440 0642

Or try this email.
benr@buchanan.uk.com

See they confirm Helium-1 is still part of the core portfolio in the strategy presentation this week.
Good luck

Hi Bluff, yes you are 100% correct, the farmout is dependent on the licence and not the other way around. We just have no idea when the Tanz Gov will decide to issue it? could be tomorrow could be next week, month etc.

Bluff, no one is expecting the licence tomorrow anymore than any other day? The long stop date for the Farmout was extended to 31 July 2019 as per the RNS below.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=AEX&ArticleCode=iga4wywe&ArticleHeadline=Ruvuma_FarmOut_Update