Member Info for Drewky

Its coming GL it's coming V19

One step TT? I think in this case 44 metres

Are they coming back? I can just see Irishmouse and TipTop wearing them walking down the front at Lanzarote. Never mind back to the future, more like back to the seventies

Noooooo

Reading a post elsewhere that lilies with 900bbpd were at around 19p. I cants support that as I've not checked it but if so as we have an expected find already between 1000 & 1500 where should that put us before Djeno or even if the it fails. If anyone knows better on those figures I'm more than happy to listen but from that it looks like the risk from this price has well gone

I'm not sure it will tbh. Being underwater it's nice to have good news but it's still a year away from income. Spain still the big one at the moment.

Make it a pound and I'll buy the pub

Johnny now you are giving the reason for caution as your personal strategy which makes sense. Previously you kept banging on about another raise which is rediculous right now. However as TT says we each have our strategy. I'm happy with the risk and even if Djeno hits dust, as someone said earlier, once the dust settles we would see fair value which currently I see would be above the current price. So yes I risk an immediate drop but tempered by an expected rise that would follow it's a risk I feel worth taking based on the potential massive gains I foresee. Good luck

His Mrs extended his pockets so he can't reach them :0))

That'll do nicely mousey

It's been reported an interview has been arranged this week. No date was given but tomorrow would be nice

Firstly I am going to be totally abrupt with you over your second paragraph because it sums up your attitude for me entirely.... as you answer me...

"I cannot prove what stage of "progression" we are in and nor can you; that is exactly the point."

EXACTLY! DEAD RIGHT! MY POINT ALSO! So my response to this is simply... Then why ask me a stupid pedantic question looking for an answer that you cannot give yourself? Please just move on and put this crap behind you. I'm not the enemy!

You reported what the delay on the valve was and as far as I know, nobody disputed it and certainly not me. However whatever hold up there was, has been rectified as you well know and just because there was a problem does not mean it is still the case and the words coming from official sources most recently certainly indicate that things are moving along

That is all we have to go on and the future is all I care about. Everything else from you, me or anyone else is nothing more than opinion and speculation.

Everyone knows I like to be positive but why look for negative when there is none there at this moment?

Actually just to be fair, there is one small negative in today's news and funnily enough you appear to have missed it entirely. However even that is not a full on negative but should be seen as a slight warning in case the current actions are not successful.

As I say though, it is the licence news that is far more important to the success of this company right now.

Anyway I have to prepare for tonight work so catch you soon

Two £30k just landed at 10p on H/L Will we breach it today?

Chris as I'm not a gambler I can't help you on that one.

I prefer to stick with things where common sense, logic and factual information help me rather that pot luck :0))

Good luck though

V19

Jonah at the risk of upsetting the mouse. What has that go to do with the price of cheese?

Whatever reason was there, it now has no relevance because any issue over that has been surpassed by the fact it has been completed.

"The Company has been assured by relevant government authorities that the extension is forthcoming and will update the markets once formalised"

While Kiliwani confirmation of works and finance to complete is excellent news, this licence news is the biggie here today.

V19

As I explained last week to those who were willing to accept it.

I'll put it in simple terms.

Each stage of work has to be completed followed by approval to test the results of that element of work. Once the test has been completed the next stage of work can continue until the next test requires approval.

It's common sense guys surely you can accept that.

I guarantee once the perforation has been completed there will be approval with TPDC to test the results etc. but the point is we are in that fluid lifting and perforation stage now. If successful then we will be back on with production.

BG

Can you confirm that the deeper target at CH-1 is oil or condensate?
"The deeper Jurassic target is exploratory and does have potential to contain liquids, however the Company’s basin model assumes it is gas".

I agree they don't tell us that we have soaked 10 gallons or a thousand gallons of fluid or whether we have even put the machine down the hole and I wasn't at the EGM so can't comment on what you was told but the point is that it is in black and white that it is progressing it was indicated by my source that we were at the fluid lifting stage and it was confirmed this morning that nothing is holding us back so I'm happy with that. It is now just a matter of operational time to do what needs doing. The biggest worry of yours to me was no approval and that has now been cleared up.

Anything further than what they have told us I would expect would need to come as an operational update and we all know that Aminex don't do that every day of the week.

Time to get positive Pete

Go concentrate on your driving :0))

It's Official :0))

"Are additional approvals needed for remedial work on Kiliwani?
Aminex is currently funded and does not need further approval for the ongoing remedial work over Kiliwani (which includes well maintenance, fluid lifting and perforation) and it remains in the best interest of all parties to produce gas as quickly as possible.

What is the latest on a licence extension on Mtwara?
The Company has been assured by relevant government authorities that the extension is forthcoming and will update the markets once formalised"

V19

As ever Pete I view last weeks news as chip paper and as always, it is only the future that counts. I happened to be right and my news superseded yours that is all, it's not personal and we don't need to go over old ground. Now we can all look forward on the back of what I believe is some seriously positive news and especially on the licence front.

There is a seriously massive move from "reasonable expectation" on gaining the licence to "Has been assured by relevant government authorities that the extension is forthcoming"

We can now look forward to the next RNS