Member Info for Drewky

Why should it not be?

Just my own reading of the way things lay at the moment but don't put your house on it, as Pete says even when I had the earlier mentioned in black and white in front of me, I was subsequently proved to be wrong and that defies logic.

No Jonah we are not up the creek without a paddle ffs. We have been dealt a rough hand by the government bureaucracy and measures are being undertaken to see us through. I understand that a go ahead may not be as far away you would have us believe but will that be proved right or wrong. Put it this way I've not given up hope of producing this year

Pete you were proven right but my arguement back then was based on what we were publically led to believe at the time which you do know. It was put in black and white on the website and it was there because following our disagreement when you came back from the egm and put into question everything we were being told, I pressed directly for clarification and I got it, with that resulting in it being made public. That contradicted your position which I could not ignore at the time. That is now water under the bridge for me but I actually think we should talk personally sometime, clear the air and set a few things straight, you might then just retract some of the sarcasm you send my way.

The question for me TT is the "in due course" and we both know that means how long is a piece of string. Personally I don't think that will come until the government dealings are done and I think there is an amount of brinkmanship going on between parties maybe with major JV partner in the wings. Can only say sooner the better

My feelings given the current information are that the company would and should be reluctant to spend what little it has in the coffers while they are not paying up, it would be silly to take that risk until this is sorted. I have had a suspicion this was reason for the lack of action but I think the company has been a little economical with the truth on it rather than be straight with us. Sometimes it's better to let the poo go in a controlled manor rather than hope it doesn't hit the fan and especially when the government you are dealing with control when the fan gets switched on. I'm still saying strong buy here as the fundamentals and the business modal stacks up for me. I also think the bod, though they may have made a few mistakes, have acted with good intentions and in good faith. My annoyance lays with the crooked companies and corrupt officials that have raped and pillaged third world countries for greed. Magufuli is just trying sort it out but sadly that's harming all our pockets right now. As for your comment Jonah. Shall we worry about July 31 when it comes? Meanwhile please talk more about your football program business as you are more upbeat and less depressing on that subject :0))

Pipeline would probably be the more cost effective long term but certainly we can be earning much quicker by trucking it through. Quality of the road network would play a part in that decision perhaps

Chris yes I think that was the news I was referring too. Without reading it again I believe the article also confirms what I've been saying for two years about a 25 year licence being guaranteed because it is written within the PSA This whole charade has happened because of government delays and this phoenix will rise in the near future imo

There is no alleged dubious contract with Ndovu as I can see at all and that report does not say that there is. It merely states that a couple were signed by Tanzanian officials who themselves were under investigation. Of course all agreement signed by these guys have been gone over with a fine tooth comb as was released last week where it stated quite clearly the main issues were offshore. Clearly this gave us reasons for the long delay but to say our contracts are alleged to be dubious is completely false based on that article and unless or until of course there is an official source that tells us otherwise it would be wise to keep malicious unfounded allegations of the bbs. If anyone can show an official allegation or proof of wrong doing angainst Ndovu I'll accept it but not until. Btw did anyone else notice that report is about readings in parliament that took place a tear ago in June 2018, things will have moved on from then, how far is what we wait to see. The Bod have reasonable expectation to complete by July but it is a government we deal with. GLA

Considering the return that will come from this a loan certainly wouldn't be out of the question not to mention a JV that may come about as result of the discussions taking place with the major. Though a placing would suit many of the aim cut throat pirates on here, there are many other ways to skin a cat.

Fantastic news to my ears, just what I've been here long term for and a clear justification to stay much longer

RNS last Friday "The Company has instructed an independent third party technical specialist to prepare a summary of the two CPIs and this will be released by the Company by the end of next week". Let's not panic there is still a full working day in which he can come good. Must say I think the sensible thing to have done was get it out there befor the bell

Time we had some sunshine. I do hope it's a 7am drop but I'll not bank on it. DS tends to drop them at any time

Vultures rule number one. Fly overhead dropping shit on the management on the basis that if enough is dropped some will hit the target and PIs will run a mile. Bigger fools the Muppets that swallow all their guff. Assets are king here, don't be so easily led. Baa Baa

You have your answer right there TT. Crappy old rig. If we had a decent one we probably would have powered on.

Which is all the more reason perhaps to drill on through to the reservoir proper. We know the oil is there we know there is pressure. If we go on to 104 heaven knows we may miss it and hit dust. Let's get some oil out of the ground right here and start earning some pennies.

Ezhic plus 1. If for any reason this seepage might cause issues with well integrity then my preferred option would be do just that.. Side track right down into Djeno proper and be done with it. I think we will know the plan very sion

Jonah you accuse Chris of being a trader, maybe he is and maybe he isn't but he doesn't buy in and then whinge day after day about it, to help take the price down. If he wanted to do that he'd sell and have a phoney ID to do the bashing which in my belief far more than a few have done here in the last two years. But hey ho if you are foolish enough to give so much stick to the company you say you hold shares in, then bigger fool you. Keep going, I'll just sit and wait to buy

Watch it you'll get banned for not paying for a pop up advert lol

Btw it was 1971 :0)