Member Info for Drewky

I know a few who are in here & Aminex like myself and it is flying right now. I'm up to my limit there % portfolio wise and this will go the same way sometime soon so I'm happy to have another good % left in here. It's possible some have flipped over to catch the rise but I'm sure if so, they will be back when it's settled

was that my car passed its MOT and bingo Nice to get back to this, I must go out more often :0))

But we just went blue. Somebody spent �500 mega confidence returns to AEX :0))

Replied. PS I've diverted my email so I am now getting direct notification through outlook so no need to let me know on here! Are you set up to receive same?

Hi again QT "Findings and accusations in connection with the report appear inaccurate or inconsistent with the actual facts" Says Pan African Energy http://www.thecitizen.co.tz/News/Business/-PanAfrican-responds-to-probe-committee-report/1840414-4596348-qty0p1z/index.html It seems from this article that the issue at the weekend was is in regards to potential tax loopholes in the contracts, rather than corruption by the ministers. That supported by suggestions to change the contracts in 2024 when they expire rather than immediate forfeit if gained by corruption. PS. As said, I don't believe this would have any real relevance to us but I have added the question to clarify whether they feel we have any political concerns as you suggested. There is of course always the possibility that the questionable bill from TPDC is related to this issue but on that, we have already been told by the company that is apparently down to a provable computation error. One or the other, the issue neither really concern me tbh

I used to have a Lambretta ;0))

Herd news everyday! Where will they stampede today? Tomorrow it will be a different place and then of course comes Thursday Meanwhile we live in hope he's had advance notice of the herds direction.

Just looked at him for the first time. The impression I got a few months ago was that it was personal and nothing he's tweeting retweeting there tells me anything different. Comes over as vengeful, anything but objective where NTOG is concerned.

P0 Of course they will be prepared and forearmed, as Irish said Camerco will already no doubt have logged a fair few of the points raised but the point of these questions is not to put the board on the spot but to get some answers. I confidently predict that they will give us all they can and they will waffle what they can't. That is the way things are in business because some things just cannot go public until the time is right and we just have to accept that! As Malcy said last week Jay would love to tell us more but at the moment he can't. The mere fact that questions are asked lets the board know they are not dealing with idiots and they know the questions will have to be answered at some point. As for a list as long as your arm, you might need two arms for the amount of questions put forward and so to expect to get them even get a reading at a meeting let alone answered off the cuff is totally unrealistic. I will say that I have asked them to respond point by point where they can in the meeting and that we expect they will cover many of questions within their presentation. Will we get every question answered? Imo opinion No, but I'm damned sure we will get an awful lot more answers the way we are doing it than by trying to dominate the Q&A session that is tagged onto an AGM. They simply would not have the time and it would be unfair on other shareholders.

I could ask the question for a bit of assurance QT but I think I know what the answer will be "We are working closely with blah blah" and tbh they couldn't say anything else because governments are a law unto themselves so they will do what they want no matter what we think! In the case of that article it seems to me that the a so called expert (Senior lecture in economics) maybe pandering to opposition politicians on the back of a previous article you posted over the weekend. There is a very obvious dig at president Magufuli and incompetent staff within it but the headline figure for me doesn't ring true though I have no way of knowing he is claiming �66million loss from bad deals made in the gas sector? really? over what time scale "between 1999 and 2018" Now when did we start generating revenue? Considering the amount of revenue we have had out of Tanzania I don't feel that will be much of an issue to us. I have no idea what the figures are for WRL or others but as WRL have struggled to get paid then how can any of those sums be classed as a loss to the country and if so would it really be anywhere near that amount? Personally I think somebody is exaggerating for political gain. As for concern here with Aminex. We have been told that we have or are applying for completely new licences. We have already applied for an all new development licence at Ruvuma and we have asked for extensions to other licences so I don't really see much of a backward looking problem if at all.

Would be nice to get paid by the board Willow but what they could pay me wouldn't come near what I might get from you in a court for accusations like that young man. I mean, it was all in your honest opinion and publicly stated :0))

Pleased to see your hope was right and your thought was wrong Jonah :0)) 7+% will do me let's build on it! The foundations are certainly there

So as not to have to reply to each individual. All questions were analysed and reworded where required but everyone's questions from the Questions threads were included along with other questions that came about because I picked them up from discussions and also others that were put forward from the ADVN board. The document itself has multiple pages will should indicate you how thorough we have been. The short answer Kimosabi is yes :0))

There has been and will be no cloak and dagger but many of the questions are cross related and I have in collaboration with Pete, put them into a coherent & relevant structure. I have made a decision and based on the fact that we have included everyone's questions that we do not already hold answers, I do not now intend to publish the letter that I am sending to the board. Having given it serious thought I have no doubt I will get knocked by some for my decision but I can assure you the questions are yours and they have been put together from what you have asked on this bb. I really feel this is the right way to go and I feel strongly that the board should be given these questions without them going into the public domain and while I accept many if not all of you are shareholders, there will be some out there who are not and as such should not really be party to internal business matters so I ask you to trust me. To outline.... I am asking the board on behalf of those who raised questions to answer the questions point by point at the meeting or through their AGM presentation. The headings under which the Questions have been finalised are as follows. 1. Operational Issues 2. Reserves 3. Interdependencies 4. Farm Out & Funding 5. Diversification 6. Compliance 7. Remunerations 8. Communications So you all can be sure that nothing is being hidden, if anyone is attending the AGM (obviously genuine shareholders)please let me know and I will make sure you have a copy of the full document to hand on the day.

Jonah your frustration is showing again but I have to ask just what do the markets want? When you consistently get good news on top of good news, where we sit right now is ridiculous and you have a chance of being right sadly

Hi Pete 2nd Draft mailed

I am planning to send them to the BoD by next Monday QT and I'm currently collaborating with Pete. I am not yet sure whether to post this online because I would prefer the board to see the questions first hand. My initial plan was to publish them here but not sure this would be wise. I cannot publish them privately on the blog site but if anyone knows of an option to share where viewing would require a verifiable registration, I will investigate.

Certainly is but MMs already trying to walk it back down again. Perhaps it will pick up again when the American market opens up but with all this good news and so much more to come the overall direction has to be upwards. Those buying and holding now are set for huge smiles on their faces in a years time and the share options have given huge incentive to continue the forward progress

Yes I got it Irish thanks. Q1 had been included but have used your 60% figure to emphasise. Q2 Although valid and I don't disagree it would be good. I feel it would be like asking turkeys to vote for Christmas. However I have added it to the draft this morning to ask them to give the thought consideration. There has been a lot of questions put forward so I am trying to prioritise toward those that could bring us back some meaningful answers, so not all questions may be used in there orignal form.

Clout wise Tanzania if you hold one or a billion shares you are allowed to ask questions at an AGM. Voting wise is a different matter and you would need numbers to achieve any changes. For that you would need to have a certain percentage of support before putting resolutions forward. The purpose of these questions though, is purely to fill in the gaps and get some answers.