Member Info for cperkin

Yes reading back BG and Drewky are correct, I just missed the clear com's post NT-2 that said "We are putting the NT-3 drill on hold due to the excellent results of NT-2 - or did I miss that?

Anyway water under the bridge and like I said holding now for the C-1 drill & production from 40 to 140 scuffs.

Good luck!

Dunder when you say CP do you mean me or Crusty?

Drewky I believe based on the prospectus that share holders bought into the open offer were mislead as per Prospectus section e.2.a and the "back to back drill"

Just a mute legal point should anyone wish to pursue it.

Not at the time of the prospectus and the open offer they did not... sticky legal situation right there BG!

Yes BG, seems a little more like pulling the " get out of jail Free card" in monopoly to me when you consider the media and RNS and the open offer prospectus.

Prospectus section e.2.a
"The net proceeds will also be used to fund the Company’s share of the drilling costs of the Ntorya-3 exploration well estimated to be US$8.99 million and for corporate purposes in accordance with the Company’s general strategic focus and objectives. The precise timing of the Ntorya-2 and Ntorya-3 wells will depend upon securing rigs and associated equipment"

Have a great weekend everybody and I hope you have had a good trading week. A weekend without laying Indian sandstone cobbles for me - oh the delight with 30 meters squared completed :) Life on the wild side eh!

It was indeed a tangible pivot point for investors and we all expected a back to back drill. I was lucky since I loaded at the placing price of 1.3p and did not average up heavily and did slice around the peak, even though I was unsure if that was the right thing to do at the time, my greedy side said hold for NT-3 but some good advice from others about banking profit along the way prevailed - thank you Lak's and the M board!

Happy to hold for production and hope the C-1 drill drives some sentiment along the way.

Paid Troll?
Only posting for the good of Shareholders?
Objectively list the upsides and downsides?
Engages in debate on the upside and downside or just pulls the "ramping gun on any research and posts?

"I ENCOURAGE people to look at my posts" 771 post on one share de ramping and not objective at all.

Make your own mind up on that one folks, normal behaviour indeed!

And then does the same thing again and not responding to the thread in question...like a paid TROLL would.

NG you are a cooncerned share holder correct?

Fancy going back and using the lemon thread to say that and not responding to the thread in conversation, thats the kind of thing a paid troll would do ;)

Spikes unfortunately are inevitable on a share like this Drewky, well certainly based on the Historical fund, drill fund, drill model anyway, that of course is no longer the case.

I do feel bad though for those who invested expecting a back to back drill, if I had been told that was not going to happen, would I have bought more @ 5p? Most probably not @ the time.

C-1 will be a great event & (big) IF they find anything comercial in the liquids target with that drill then all bets are off really.

Have a great weekend all, production has moved closer!

They don't go far enough however BD.

Still he makes one point that is almost valid about the business model. You could argue that KN-1 when producing @ 15 scuffs did in fact help prove that model but certainly Horse Hill and Ruvuma are both very close to being declared commercial and that is why I invested in the first place back in 2015 and certainly now the proven resources to date dwarf the current market cap and SP and that provides oportunity.

Have a lovely weekend all!

Many thanks Stonefold I did not realise, so it was just a timing issue with the RNS release UK V Aus.

Thanks again.

Thanks StoneFold and DOR is currently suspended till Monday is it not?

Pathetic, thinks it can dictate what investors post on a BB that it's not invested in. Shocking on line trolling and bullying from Kejoglo or is it attempted market manipulation. Both have legal consequences.

SAD!

PMSL "it's the quotation Trolls & Clowns ;)

Now now crusty ;) ok the Zubairs have newly committed $105 million into the asset on top of their earlier 29.75% investment of $20.5 million into Aminex giving a combined total of $125.5 million.

I though they said in the last interview that the well was going to be shut in for a day after the first tanker left as part of the test, if thats the case then this tanker has filled since?

Going to give at some point massive assets, Horse Hill flowing oil and the Omanis pledge $110 million to get Ruvuma up and running to 140 scuffs a day.

Only a matter of time now.