Member Info for cperkin

�15 million Willow - they can swing. Funny enough the situation here is almost exactly the same at Aminex. Both companies market caps currently represent only the money spent on Tanzania to date and cover none of the 2 TCF of gas at all, so the 13 Million market cap here is looking very undervalued for solo's half a TCF or 30 Million barrels of OIL equivalent,especialy if the farmout for the asset is concluded @ Aminex.

Will be voting with Jetty - NO to all board appointments with the exception of Jon Fitzpartick, give him the reigns I say.

lol Tarry, they have a lot of issues with their nodes ;)

BT - internet Engineer ;)

Well little_me, I dumped my holdings at the last placing but have since bought some back since Jon Fitzpatrick bought his �590,000 worth, thought I might follow the money and see where it leads. Good luck which ever way you decide.

I don't believe so gaf, Ruvuma is in the process of being farmed out as we speak to the wealthy Omanis (Aminex 75%) like I say, lest see how many millions of $ are on the table over there. Also I expect a licence is linked to that farmout, otherwise there is nothing to farm into right.... Buses....

Maybe gaf but one with some assets that are worth many multiples of the current market cap, so not based on hype and thin air as per many aim companies. The assets are proven and independently verified, which makes the SP and market cap massively undervalued once a licence is in place. I will wait for the valuation from the Aminex farmout and make my choices then.

Pah! go buy some new feathers, the old ones smell.

lol SP less than the Bid or ask....doh!

Yes Kejoglo, next week or week after, you think they just put two tele's on site @ horse Hill for a laugh? Whatever.....

As per usual Appache, when you are unable to debate you just go for the personal attack - @ Transparent

Quick change of tact their Apache66 back to the BOD then @ Transparent!

Risked NAV then Chief...do you have an estimate?

Totally agree Wryape, just desperate scaremongering, it is a risk, but really on a probability scale the risk of no licence is almost 0% for the reasons already given.

Exactly chief, Risk V Reward, however based on the gas demand outstripping well supply next year, meaning the Tanzanian people and economy needs the gas, coupled with the Zubair Government and Sovereign contact, I fully expect the licence to be granted.

lol John were you expecting some? My guess is Horse Hill next week or the week after and Aminex Farmout week of the 11th of June.

I know Chief, thats exactly what I was saying and the point I was making. I believe a licence will be granted and hence why I am invested.

Most of your posts are Apache.....So what value do you give the gas in the ground with a licence then Chief?

No, but without a licence is it a fair reflection and therefore what will a licence do to the price?

Well the SP and market cap today just about cover the money spent on discovery and appraisal to date, meaning that none of the very large onshore gas deposits are priced in.