Member Info for cperkin

Not sure you can draw that conclusion willow, not saying that is not the case but the objective was to have a liquid asset and make a profit on the £4.5 million purchase. Any sale over that 1.92p purchase price is a profit on top of the 45% already achieved.

Not heard anything on these yet, I wonder If/when they were transferred and if SOLO have converted any to cash yet?

Sounds like a load of 💩to me ;)

Every cloud has a silver lining, if they can continue the little £30 to £60 sells for a few more days, I have so cash coming in and will be most grateful 😍

The MM's will again take a sale on dummy quote for many multiples of the market size, suggesting they want shares, yet the price continues to be supressed with little sell values of £20 to £50 Surely if they want shares they should move the Bid up to encourage them?

Oh come on Drewky it was a buy for £980.94 ;)

They are expected to release their mid year fiscals, the Farmout circular and an update on phase-1 of the KN-1 remediation & gas flows, the 2nd and 3rd ones impacting here.

GL

Sounds lovely Mousey, I hope Easter it is for you!

lol partly right F458, in fact I will meet you in the middle WC/8th October for spud :)

No hard feelings old chap.

I still have those Cheese straws on ice waiting for the 10p Mousey!

Copper miners set to jump as commodity makes best gain in 5 years

https://www.fool.com.au/2018/09/24/copper-miners-set-to-jump-as-commodity-makes-best-gain-in-5-years/

Roll on LC

Excellent news, they are not hanging about!

"The well to be drilled on the new pad will be designated TLP-103C and hammering of the conductor followed by moving the rig onto location will take place over the next week."

It looks like a steady building story over the next 3, 6 & 12 months and if the ducks continue to line up with Redmoor, Cobre, HC and of course LC then it could be very rewarding from this level.

Best of luck SML-ers!

Have I got news for you or Mock the week?

Yes Tullow pulled out and Aminex and SOLO drilled deeper and made the Ruvuma gas discovery. The search for oil continues following the traps where the gas has displaced any oil, west and up dip and left the residues found in the cuttings, for example at NT-2.

The 3D seismic should reveal a little more as well as the C-1 drill.

Yes next week I hope Tarry, Monday would be good.

I agree on the complexity and the army of resources dealing with it however they have been working on and preparing the SKY deal for months.

"Comcast has won an auction to acquire UK telecommunications company Sky, bidding $38.8 billion to overtake Rupert Murdoch’s 21st Century Fox AFTER A LENGTHY BIDDING war this summer."

How rude as per usual Dunder. It is not a comparable comparison is my point, it is what it is and we should expect the circular next week.

Comparing 1st & 2nd world countries and $billion multinational companies and the resources available to them with a £61 million company in another sector is a bit pointless imo.

"the new BOD have a bargain and would be foolish not to they are buying at a heavy 95% discount "

I agree, seems like a good time to get in NG, just as you suggest & they clearly state that the open market value of the assets is significantly more than the current share price.