Member Info for Drewky

Not a disaster Mick there is a remedy being put in place that may even boost production up there. Short spur pipeline will only take months to build once go ahead is given so we could be feeing into the system well before end of 2018. How much gas are you putting into the system right now? Do you have the capacity right now to feed this new factory? or as you seem to indicate you won't be able to manage it alone until 2026? I'm not sure when the factory will be completed but like I said this is good for everyone so no browny points available today

Out of 9 Sells in last 24 hours Six are as follows �31 �12 �14 �24 �14 & �1. and the other the are nothing to write home about No point for the value, must be someone on a mission

Thought this nice to share with our neighbours seeing that we all benefit from news like this. It's not a competition guys, they are going to need what we can both supply in the future :0)) #AEX New Mega #Gas Burning Fertiliser plant in #Aminex Lindi region 104mmscfd required https://aminexunofficial.blogspot.com/2017/11/new-mega-gas-burning-fertiliser-plant.html

Did it not go up yesterday then? Or did my eyes deceive me into thinking we had a first blue day in a while

It's a nice thought, let's hope so

So of course on that theory (which only the derampers on the boards seem to spout) is the correct one? If speaking opinion didn't matter why is so much time spent trying to convince other people that your own view is the right one? Why do rampers spend hours amongst the twitterati pushing their shares? Why do de-rampers and shorters infest the boards with so much poison? Quite simple because it des have an effect! It may not at higher levels but many of the investors on aim are here to make a fast buck and sentiment plays a big part in that. Even you are not stupid enough not to have come across the herd and you know what happens when the herd stampede so stop trying to pretend that it has no influence. I agree it will hold little water with the experienced and certainly the institutions but this is AIM Secondly I am an idiot for believe an old car will turn into a Lamborghini? I believ I said I took a gamble and I lost on the last drill results. To me that's just tough and now they sit in the bottom drawer, that's life. They say where there is muck there is money so who knows what will come of it only time will tell. You say you are a lucky one in that you top sliced at the right time. Well if that's true and you are on a free ride then good luck to you but if you really think this is going to keep on glug glug glugging what's the point in you holding on with the rest. You may as well take a profit and put it into something you believe in because sticking with your current beliefs really is stupid.

Thelix - I agree with the concept that you shouldn't talk your own stock down on the basis of it being a ridiculously stupid thing to do. So where does that put you? Stupid or a non holder? From your final comment the latter so what is your purpose other than to cause mischief for others. I bought here on a win or lose gamble but I lost on the recent drill so it's now in the bottom drawer for the time being and that's life. Keep your eye on it, move on and get on with living! There is no point in being bitter because it gains you nothing

and when we might here something or shall I lock that bottom drawer and walk away for a few months?

So let me get this straight. Shaken, with 48 posts you ask naïve questions then you turn into someone with much knowledge who professes to be worried about others losing money at the same time as trying to undermine confidence which could lower the price and lose people more money. You are not invested here but have reason to be an early bird sniper. Seen your kind on these boards many times my friend and I'm not a ramper here, just a holder with a few in a drawer. But you have an agenda of your own and it blatantly obvious. Another one for Live at the Apollo I'm afraid. Beware the pretenders and DYOR

since lunch yesterday apart and from 3 sells totalling �415 I don't see anything holding it back from rising at the moment

You are a lucky fella then Ballard I got caught for much much more but I said from the start this was a win or lose on those sample tests. As quindell says, these drills are cheap and it will only take a glimpse of Lithium and SP will be back up again. Meantime its a bottom drawer job and average down as and when the times are right. Priced as it is I expect to do some of that in the coming week or two. Good luck to all

It might if enough shorters start spouting that opinion but it doesn't deserve too. IMO it's already oversold and therefore an opportunity.

Now that's a very good word mick2020 "hopefully". Good luck to you

Just a thought though leaves. Real figures this Josik fella speaks of. Mine were taken directly from 4 RNS created by WRL themselves. Wonder if his come from said spreadsheet

I wouldn't say a couple of years leaves I think ill keep my eye on it just in case a bargain comes along. I am shocked though that pi are having to put their own spread sheets together with a view to ramping up the possibilities. I also wonder why the constant need for them to invade other boards to compare. Seems a bit of a complex going on but there you go, it takes all sorts I suppose

So as those listed are said to be independent it seems strange that you used Hardman ss an example. Leaves me wondering why and still thinking the way their report is designed and laid out that they are perhaps an internal broker. As your list contains brokers with such diverse opinions I'm afraid the risk combined with the debt and 4 1/2 years arrears collection schedule is way to heavy for me. GL

Hmmmm Such a massive difference in valuation and less than a month apart? Not even having any arrears being paid off at that time. Are Hardman the in-house brokers by any chance?

Already fully valued according to Canaccord then? I did think risk was high but with that, it doesn't look like there is any upside potential here either. Still, GLA all who do sail with her

RNS June "Tanzania Petroleum Development Corporation ("TPDC") and Tanzania Electric Supply Company Limited ("TANESCO") have recently paid monthly invoices totalling $1.0 million net to Wentworth for gas sales" July "further payments have been received from Tanzania Petroleum Development Corporation ("TPDC") and Tanzania Electric Supply Company Limited ("TANESCO") totalling $1.2 million net to Wentworth, bringing the total cash received for invoiced gas sales to $7.9 million in 2017. Since 31 March 2017, receivables from TPDC have remained consistent at four months and receivables from TANESCO have improved from THIRTEEN months to EIGHT months." August this year - Still only getting partial payment from invoice as far back as last October "the Company is pleased to confirm that further payments have been received from Tanzania Petroleum Development Corporation ("TPDC") and Tanzania Electric Supply Company Limited ("TANESCO") totalling $1.9 million net to Wentworth for June 2017 ($1.7 million) and October 2016 ($0.2 million) gas sales invoices respectively" Then in September "The Company is pleased to confirm that further payments have been received from Tanzania Petroleum Development Corporation ("TPDC") and Tanzania Electric Supply Company Limited ("TANESCO") totalling $2.0 million net to Wentworth for one month's gas sales ($1.7 million) and two month's gas sales ($0.3 million) respectively. The ongoing receipt of payments" Which looks pretty much like to me that October last year was finally settled and they have made a little start on the November invoices. How did the Bod let the debt get out of control to a state of THIRTEEN months behind, I would want to sack the credit controller myself for a start. In my calculation based on invoicing out at 1.9 million per month and being paid arrears at .3 million per month that debt will take around 50 months to pay back! 8 months debt at 1.9 = 15.2 / .3 = 50.66 months / 12 = approximately 4 years 3 months For a company already with a debt burden of its own, the risk here perhaps looks a little high

People snapping them up