Member Info for CrustyPete

Phew! Thank goodness for that Rojo. I wonder how long I can keep the secret that I am, in fact, MrMoi ;0)

Yarmy - An apidistra perhaps? That is an extremely boring plant.... They are quite cheap to purchase though and without a long lead time ;0)

I am Rojo? Really?! Well I just hope that some people's opinions and interpretation of the evidence for their own investments is a little more reliable than their reading of "people".... it is of course total and absolute nonsense as is indeed their understanding of AEX and its prospects ;0

MrMoi "everyone raging against... Crusty" - really? I must have missed it.

RJ, do you not think that APT will have access to their own rigs and equipment? Remember their background. I recall previous BoD stating that the NT2 well was extremely difficult as a result of te pressures involved but that APT had the equipment to overcome those problems (casings primarily). I don't doubt that they are well prepared to move once the Dev License is confirmed but I seriously doubt that they will be looking to "purchase" a rig. Moreover a vendor is hardly going to sit on their hands indefinitely waiting for ARA (or the Tanzanian Authorities) to get off the pot and buy a rig - if so they will have been waiting a bloody long time.

Anyway it is of little consequence; what ever way they do it I am not too worried, just looking forward to progress of any sort.

RJ, I seriously would not read too much into that particular "translation" - "Purchase"? Mmmm not sure about that. MOreover it also says "continuing with the PURCHASE of the Chikumbi-1 well boring plant." - note "continuing" - really? If that were so it would seem that they have been "continuing" with that "purchase" for a very long time. More realistically they have been doing bugger all in that direction whilst awaiting confirmation of the 25 year dev license.

It seems we neither of us are 100% right ArielArrow.

"To be eligible to be carried forward a capital loss must be claimed within four years of the end of the tax year in which it arose, so by 5 April 2023 for losses that arose in 2018/19."

Also

"Where the negligible value claim is made in 2022/23 the capital loss will be set against capital gains arising in the same tax year before the deduction of the annual exemption. If there are no capital gains arising in 2022/23 or there are surplus losses after any gains have been covered by losses, those surplus losses carried forward to 2023/24.

But Flexxy P I was wrong about the order - the capital loss has to be established first.

Yes though you only need enough Capital Gain to cover the loss- so if you have only established a Capital loss of, say, £5,000 you only need to crystalise a Capital Gain of £5,000. And yes this tax year or next either way, it doesn't matter which capital event is established first.

Well I hope you all get some pleasure out of it - personally I find it extremely tedious and it puts people off using the board for posting anything relevant and useful.

You are meant to put them in your mouth Ranchez ;0)

Is this the really the level board has descended to yet again? No great surprise that no-one bothers to visit or post here any more is it? This really is scraping the barrel; totally pointless, cringeworthy and pathetic. School playground stuff.

And yes you have to do a self-assessment.

Yes Flexxy you are 100% correct - Capital losses can only be offset against Capital gains though can be rolled over for 12 months.

Ufufuo, without seeing the terms of the GSA nothing is a "given" but I can confirm that, as was the case at Kiliwani, the BD fully expect that any and all "condensate" that gets produced from Ntorya (NT1 , NT2 and beyond) to be the JV's to sell and to sell it direct to market and at the full market rate. So whatever may be true of ORCA and WEN is of no relevance the terms of their GSA are totally unlike those of the Kiliwani GSA, where the gas (note gas) is sold to TPDC at wellhead NOT the condensate.

Oh and please excuse my last post - wrong stock, wrong BB, sorry. DOH!

Though I only now note that we had a UT trade of 1 share after hours and above the "offer" - so I would not be totally surprised to see that RNS tomorrow.

Well email, in truth I have nothing more to say than hasn't already been said many times over and if you think I am going to waste half an hour reading through 40 something emails of total conjecture, point scoring and other "noise", then sorry, but you can forget it. I have laid my stall out; do I believe the recent "comms" from the Tanzanian top brass? Yes though it is only a precursor to the "real deal". Would they say that it has been approved when it hasn't? No! Though that doesn't mean that all is now over the line - as emptyend sated last week, without written confirmation, firstly to ARA and then from ARA to AEX the BoD cannot release an RNS. Will it come? Yes, I believe so. When? Soon - though this is Tanzania so "soon" could mean a little longer than we might expect closer to home. If you were to ask me when I expect to see it, I would "guesstimate" end of next week or the beginning of the following after.

My holding is now "complete" so, do not read any more into this BUT I am now reverting to "HOLD" - simply because that is what I am doing....

Correct Investdonk, very loosely everything above 1.34p is a BUY and everything below is a SELL.

Written confirmation and / or signature still awaited.

Agreed Roger - short term prospects for Oil died with the cancelation of drill to the Jurassic Targets. Not that even that was a significant prospect.