Member Info for cperkin

I am expecting to see aminex funding announcement and the conclusion of farmout negotiations Mr J and if the Omani's make an offer for part of Aminex 75% then solo's 25% is valued, expecting HH to start before then though based on onsite prep.

Gas and Oil Drewky. Certainly since discovering oil @ NT-2, the lower drill target at C1 is oil, so the hunt for commercial quantities is most certainly on the agenda.

Get the farm out done and rig tender complete by next month and get on and drill this baby! https://www.dropbox.com/s/b4tdls493h0lb5o/Screenshot%202018-02-02%2010.06.19.png?dl=0

Hi Dub, there is no doubt about the quality and size of the find to date. The next drill target looks to be significantly bigger and is targeting a thicker part of the Cretaceous sandstone as well as a deeper Jurassic Oil target, west and updip from NT-2 https://www.dropbox.com/s/b4tdls493h0lb5o/Screenshot%202018-02-02%2010.06.19.png?dl=0 Need the operator to complete their farmout with the Omani's and the rig contract tendor is due to complete by the end of next month.

Have a great weekend all and enjoy whatever it is you are doing....Lak's I know what you will be doing and good luck!

Hi Dubhlinn, I took the numbers from RNS 8540D where I think they are using a 1:6 ratio http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SOLO&ArticleCode=ojddj8ck&ArticleHeadline=Significant_Resource_Upgrade_at_Ntorya_Tanzania "The independent verification of our net interest equivalent to over 30 mmboe underlines the significant value of Ntorya within our portfolio. When taken with the results of the io consulting commercial feasibility study, we are now confident that Ntorya can be economically produced with limited further major capital expenditure".

Darn phone! Seem Solo's new director....

Seems are new Director Jon Fitzpatrick is busy doing deals, his company has just announced a merger with Lonburgh Capital LLP https://twitter.com/GneissEnergy/status/999989116996669442

I can confirm juts like the resources and the CPR that it has been independently verified Crusty Not that either did much good ;-P

Well Knicol, if that is indeed NR's plan then as soon as he makes a sale and the cash is reflected in the balance sheet...����.run for the hills ;)

Well played LT and glad you were able to average down over there to bring you closer to the current 1p :) Certainly "Those in the know" is not unique to Aminex it is the way the world operates. I guess we will know the intentions of the Zubairs and the Bod very soon ref the farmout.

Haha agree there Crusty, my issue is that it is rapidly getting to a market cap where it is better for the Zubairs just to buy the whole thing, lock stock and barrel....

Bit of a joke now, was valued higher before NT-2 was drilled and Aminex were waiting for a GSAA for KN-1. It is as if the 12 fold increase in resources never happened at all.

It was indeed a bubble Appache, one that was being driven by not only the initial result at NT-2 but the promise of the back to back drill..... I would have said 5 to 5.5p was nearer fair value at the time post NT-2 and prior to KN-1 decline

http://tanzaniapetroleum.com/2018/05/24/orca-exploration-extends-tanzanian-deal-deadline/

Guess what, shows as a sell.

Come on Liverpool! oh blimey what happening to me?????

I Guess you could argue steve that without a current appraisal or development licence the assets should have 0 value. With a licence then some of that value should be reflected in the MCAP. It will be interesting to see the impact of any farmout @ Aminex as I find it very hard to believe that the Omani's will complete the farm in without a licence...�

WHOOT! Can't wait Lak's :) Have a great day everyone, but most of all have a cracking, relaxing weekend!

Don't know about smart, safer maybe I grant you. People decide what was smart post events.