Member Info for cperkin

Vastly is somewhat overstated Mick. A different part of the cycle in Tanzania, yes a cycle paid for with debt in the case or WRL. AEX look like farming out their appraisal development plan, maybe similar to WRL and Moz, except AEX have already have an internal and on board Omani backer. Hopefuly 2018 is going to be very interesting for both companies.

I agree, it's been all the boring stuff like basin models, CPR's, commercialisation studies, employing more people @ more expense, development Licence applications & not forgetting seismic interpretation....blah, blah Money, Get a licence, drill C1 and fix KN-1...Thats my Christmas list Santa 2018 - when is the main questions I have for the AGM.

No issues with ROI here to date. I agree it could do with a good kick up the backside in terms of a firm Farm Out offer and licence......but seems like at least one is on the near Horizon. The Bod better get their skates on or it's going to be a lively AGM! GL Chief.

Well no, the opposite of poor me is what I mean thankfully! Good luck Chief....

Funny that, I have held a few years and so far it's been one of my best investments ever....funny old world Chief.

There was plenty of sub 1p and 1.3p oportunity in this SP prior to the Zubairs coming on board, fact. Bottom Chief, who's?

Welcome IG. Why Chief, it looks a bit like it did in March but higher than both previous bottoms in April.

Very true for the C1 drill supposedly back end of the year.

Thanks and certainly makes me feel a little better to say the least, June is only around the corner, July seems much further away ;) I still wonder how much pressure the Zubairs might/will apply regarding the licences and the 25 year development licence?

Quite agree DVH. Highlights the dependency on one asset for income and the sooner LC can be bought on line profitably the better. Still just as well that around 50% of the Cobre offtake is not impacted!!!

Thanks folks, so not unreasonable to expect something on the farmout around the 11th June then if it is to be voted on @ the AGM?

What date do they have to publish the resolutions for the AGM?

Very surprised to see the SP down at this level for a profit making company, pleanty on AIM with larger market caps and no earnings. Still a little additon down @ these lvels seems approriate. GLA

Think you might be mossing the buy side of the board there Jonsey? 2.65 to 3.5 P

Back to back is how I like them :) Seems NTOG are in pretty good shape to me, Low market cap, all the warrants out the way, cash flow positive, price of oil increasing and funded for back to back drills kicking off this week. Surprised @ some of the negativity here, but hey ho. Good luck all.

Faith was what was needed in 2013, 14 and 15. Since the Zubairs came on board as the Cornerstone investor & AEX are now in the later stages of self funded development to production. So faith yes but just in Aminex...Nah.

lol bet you a glass of something decent @ the AGM then Crusty :0)

Yes agree, based on the IO development study. Question logged for the AGM , but I still assume it is all based on the 1st phase development study production demand.

The SP is below the Bid and Ask based on a �39.70 UT?

Thanks Crusty and I think thats what I was trying to explain...badly - so the development plan phase 1 is based on a demand of 80 BCF as per the below? Contingent Resources: potentially recoverable volumes associated with a development plan that targets discovered volumes but is not (yet) commercial