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Mrc_mrc_mrc_mrd
I see you refuse to acknowledge my question about your post. Still what else would one expect other than a cowardly no response from a man whom can not keep their word and has been so very wrong about almost everything that they have posted here from the company is going bust to the Zubair corp is going to take over the asset for free and everything in between.
A man is only as good as his word and you have made it abundantly clear how you should be regarded.
For the sake of shareholders here, I will get my coat and give it a rest.....or at least for now!
What asking a simple question about your post mrc_mrc_mrc_mrd ?you know the one where you said you would not post here any longer if the deal was closed before the longstop date. The deal closed days before the date and you are still posting, so the question stands.
Go post there if you want to pump Orca.
Aminex are just about to enter their brightest point in the History of the company with the development of their 25% stake of a current estimated resource of 8TCF. Perhaps more time should be devoted to AEX on the AEX bb?
Roll on the GSA, 25 year development licence & FID
Morning steve, hope all is well. I have certainly made my feelings on the disposal crystal clear here in the past. It looks like Ruvuma is going into production near term and according to the AEX shareholders that went to the AGM (Crusty and Roger) to name two, the paperwork for the GSA and licence is due at the end of this month. If this is correct then the FID will quickly follow and at least SCIR get the 2nd $3 mill this year and will also have given up a huge money earner for around = or less than they spent on it in the first place.
Whether the bod here can do anything meaningful for investors with the money remains to be seen.
Mrc_mrc_mrc_mrd 28 sep 20:04 post on SCIR BB
"Imminent is often used in the wishful thinking sense."
"I will stop posting here if this gets done by the new longs top date."
The deal was completed 4 days before the longstop.
Mrc_mrc_mrc_mrd 28 sep 20:04 post on SCIR BB
"Imminent is often used in the wishful thinking sense."
"I will stop posting here if this gets done by the new longs top date."
The deal was completed 4 days before the longstop.
Hi no worries BW777 not your fault, they did not exactly shout about it!. The web site is wrong because they are so very busy they don't have time to update it XD. They confirmed in the annual report that they sold the last bunch in June.
The 50 BCF only pertains to the final $10 million POC.
$3 mill today (deal closure)
$3 million on FID (due this quarter)
$ 8 million starts to flow post production Q-1 24
$2 mill post 50 BCF
POC that's not correct. The next $3 mill is due on the final investment decision, or in other words the development licence and GSA both of which now have a clear line of site for AEX. The remaining $10 million then begins to flow on first gas, expected around Q1 24 as 25% of revenues from the field.