Member Info for cperkin

dunder, read my post and stop being an insulting idiot for a change please. Irish asked a question and I gave an answer. I said nothing about shorts at AEX - seriously m8, I think you need to take a wee break from BB's

Of course irish, look no further than the 3.6% short on AAOG = when it is closed and the shares bought back you will see a reversal, I am sure. It does depend on the size of course.

Oh and for the BB police the post above and the post below is all imo of course.

Perky remarks dunder not chippy :0)

Thinking of which and on the PERKY side - circular is due by next Friday as is that CPR and from the meeting with the solo board last week I am expecting an update on Kiliwani shortly. I am still expecting the licence extension although also agree that it is possible it will be post vote, but since solo and aminex were summond to meet the Gov about the licence just the other week, I am feeling quite relaxed about it myself.

As for BB, many a pump dump and short are effectively run on BB's and I have seen it many times, anyone that tells you that they have no effect on SP movements are way wide of the mark.

Have a lovely Sunday.

How's your short going Willow, going to turn it in before K4? ;0)

lol willow, how's your UKOG short going? :0)

As soon as Sandabel close their 3.6% short position it will take off.

No not now dunder, but well worth your while from around the 7th march 2017 to about Oct 8th 2018

Closed their short and maybe bought in rxdav? :0) Circular next week? KN-1 remediation this quarter?

good luck rxdav, you might indeed need it - cool for cats ;)

Thanks OZ, looks like demand is needed from other suppliers early 2019, would be nice to have that perf done at KN-1 and have it filling some of that demand whilst we wait for C-1 and the EPS.

Just getting mutton in my old age, it was a mingle and talk do, so not panel question and answer type affair.

Not really, just that it could be related to paper work filing or the way the gov departments are still getting to grips with their new set up. Nothing conclusive.

Oh blimey and I bought back in with a small stake yesterday....Greetings lol

BD I absolutely confirm that you gave them a hard time and they took it very well, they were really listening unlike the NR days. Alastair Ferguson was taking notes on all the salient points.

Breath of Fresh air!

Maybe inches was not quite the correct term and my interpretation dunder and it was his thoughts not those of Aminex.

I think he said they had drilled with "precision" as per the 2D target but were in fact incredibly "close" to the main reservoir.

No mention Crusty, they are waiting for the circular due next week from aminex to see how it moves forward, the only mention was that they had completed a 2019 budget review and were in a strong position regarding drill costs etc.

Yes dunder I was there.
Yes that is my understanding, they hit a compartment of the main reservoir and the perf job will connect to that main reservoir.
He also explained that aminex were if anything unlucky, the interpretation of the then 2D looked correct and these issues happen when drilling and they were inches out. I am just a layman but this guy has been involved in a lot of wells and spent 5 years in Tanzania drillng them, so will take his word on it.

No mention of C-1 drill timescale but very happy he seemed confident on the Q4 target for perforation of KN-1 with a good chance of sucess.

Hi Crusty

Seismic - yes his thoughts were they interpreted the 2D correctly first time round and they had re-processed the data.

Delays, he explained that it was more of an issue of doing business in Tanzania and having all the parties around the table, Aex, Tanz Gov, Chinese, songa plant and agreeing the plan and timetable. In his opinion, all that could be done to speed this up, was being done.

Hi crusty, I did ask but there was not much that could be said other than it seemed to be more of a bargaining position (feeling not necessarily fact) and related to the filing of paper work as opposed to anything else.

Just to add to that Drewky I also had a long talk with their new technical operations manager about KN-1, he was in Tanzania for 5 years and was involved in drilling off shore wells . He met with Aaron last week I think he said and is very confident on the perforation process, expected result and timeframe for it to be complete this quarter. He also explained in some detail the reason for delays and how the original drill hit a compartment of the main reservoir and not the main target by a very small margin.

Yes just to add on KN-1 the original drill hit a compartment of the main reservoir and not the main target. The technical operations manager explained it in some detail. He also believes that it is likely that the perforation willl be successful (not a guarantee ) and that that remediation will most likely still be completed before the end of the year.

An excellent evening and wonderful to meet some of the share holders I have not met before.

Solid new BOD and management team, no bull or ramptastic remarks, just very straight down the line and as open and honest as they could be, a breath of fresh air. It Was also interesting to meet a director from Helium One who shared some presentation material and spoke of the direction going forward.

Will gather my thoughts over the weekend, will only say at this stage that I am more confident than ever in not only the amazing assets but those managing those assets and the forward direction.

C