Member Info for CrustyPete

Oh my goodness, no jackpack I had not heard that, what awful news. What a great shame - they were both really lovely people.

RJ, Julian is a "yes".

RJ - get in touch with Julian and see if he is attending - if so I will book somewhere for lunch.

Anyone else that is up for a trip into town for the AGM and a lunch afterwards just put your hand up and I will sort something out for anyone that wants to join a "party".

I have his contact details and occasionally have an email dialogue - he still posts on the LSE occasionally too but cannot recall which board was the most recent. SCIR maybe.

Last throw sold up and moved on. Threw his hat into the ring with AAOG or similar (cannot recall with any certainty). Now retired I believe - though LT, if you are reading and I've got that wrong, apologies; please let us know how and what you are up to.

I ee that IToldYouSoi has already gone to meet his maker! :0 How many incarnations has that goon had??! The admin must have taken note of his IP and kills him off within a matter of minutes now - thank goodness. What a load of complete and utter garbage his posts are - under every name.

Someone suggested earlier that the MM's appear to be holding the price at these levels irrespective of trade flow. Pre-cursor to that long anticipated raise? I think getting it out of the way will be like a clearing of the air - bring it on I say. 800m shares @ circa 1.25p would be my bet.

Sorry "fomeone" should read "find someone"..... a traditional broker may be able to do so but they are few and far between.

It depends where you hold them JohnDodo. Most Investment Platforms are only capable of holding "quoted" shares and Funds on their platform, so where they cannot they would need to convert it to cash.

If you can fomeone willing and able to hold those shares for you, OR get them to transfer them to your own name then you could keep them - though you would need to transfer them before delisting.

I doubt we will see Flow Rates issued ahead of the EWT results. Realistically that would be what? Latter part of Q3 and that, of course assumes we start the EWT in early Q3 as is being proposed. Flow rates, like the concentrations of 4.7% is pretty meaningless on its own and without a proven Basin Model; plus I would suggest without the evaluation of what those rates might be with some form of added stimulation, which will presumably be released at the same sort of time.

Seems to be quite a few sellers at 1.20 and just above - not sure this price will hold. Hope we see some buying.... really need that Dev License. Not long to wait though in my opinion - this week or next methinks. :0)

Hold the fort one and all , I am off to London for the day; some of us have work to do!

1.325p paid.

Who knows our chum Rojo might not be with us for much longer :-(

Currently being quoted at 1.20 1.35p. So despite the hit to the balance sheet from increased debt the market seems to have taken this as a broadly positive RNS. It does at least provide official conformation of many the things we had been "assuming" from the recent Tanzanian PR campaign.

Oh and RJ, thanks to your heads up, I have a few of these now. Thank you :0)

Morning RJ, so on the basis that you "only read what you see", I assume te idea of ARA buying their own rig is now not a likely prospect?

Outlook:

o Contract a rig operator to undertake the drilling of the Chikumbi-1 appraisal well and, if successful, to complete the well as a gas producer.

Not long to wait to ask any outstanding questions: I take it all that you will be interested enough to attend? ;0)

Annual General Meeting will be held at 10.30 am on 27 June 2024.

Oh and haggismctripe, yes, thank you we have already read and understood that too often reposted paragraph, we d not need you to post yet another time..... good grief.

So do I TBTB (take mental illness seriously) but this is a toxic place that, based on some of the posts here, appears likely to cause or at the very least exacerbate such issues.... Some people would be better off avoiding it.

Anyway way one and all I am off for the weekend, there is little point conducting a one way conversation ;0)

I wish you all a lovely weekend - I hope it is warmer than those of recent weeks!! Bbbbrrr

Oh dear here we go gain - firstly there was a review of ALL historic PSA's in 2019 and the rights of the TPDC were changed and now (so I have heard from BoD) now stan at 20%. Furthermore each back-in is negotin its own merits and so will not necessarily reflect those signed n the ast - the assumptions that applied to Kiliwani and other PSA's have been totally superseded. But then of course haggismctripe always knows best....

Nothing changes Baramara - the back-in rights apply to the combined shareholding of the JV partnership -whether that is ARA, AEX and SCIR or just ARA and AEX makes not a jot of difference they will take whatever %age they choose (up to their maximum) of the "whole", of the 100%.

Yes BG exactly and that was the reason for the delay in the approval of the M&P offer for WEN - the original agreement supercseded the TPDC's preemption rights; it had to be renegotiated to allow TPDC to exercise those rights. Note also that their purchase was funded from income....

Absolutely RJ, anyway as haggismctripe has me filtered he will not see my responses to his queries, so maybe you can summarise them for his consumption; he may even give them some credence if they come from you! ;0)