Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
it take for these flow results from 16.2 ..hes stretching this out for a reason ...mind you even with results it wont do much for the SP anyway maybe 7p or just over ...then other well results of barrels of oil should shoot us to 8p to 9p ...then comes production from both wells 20p at least ...i would love an update on gas pipeline ...hes very quiet on that end of whats happening ...will we get news this week imo next week
states harry will give us a formal update ..which now means we have NO CHAMCE of finance signing at least until june onwards ....formal update in harrys words mean there are still problems with EG and maybe others so sorry wont happen for a while yet ...but in the meantime i will hype saudi projects ...this bloke harry and his bod are becoming a joke atm ..no wonder no one wants to invest...IMO we will get the same old s... come april until june then he will saay its happening in sept again ...like i said saudi will happen 1st not tulu kapi ...dont forget when he gives his update hes then has to inform all investers to get together to sign that can take up to 6 weeks thats april done and dusted ...god help us we need it now
share price will be flat today ..until someone of a dodgy mate whos in the know get to hear whats happened then they earn there couple grand or so ...you will see the share price hit 7p the day before RNS hits
has screwed his dates up yet again ..like ive said hes got no control on this project no more ...it will be same old s... again on RNS ...we are getting all investers together for signing in the next 6 weeks to sign all paper work..that will give him until april ..then a good update on 7th april with saudi projects ...then rainy season excuse to take us to september signing ,,,no wonder we cant get serious investers with harry ...the only thing that has got bigger is harrys bellie with all the meetings ...i honestly cannot see harry getting ethiopia over the line ...saudi will be different tahnk god ...heres to HOPE
gives us an update on how long we are looking at to finish the gas line and a date when production will actually start..i have my own dates of april may but its all on contractors ..this month we get update on 16.3 and flow rate on 16.2 hope its all good ..this 1st 6 months should change the company completely ...only upwards and onward this year ...
of the same old news end of feb for signing la la la la land from then on ..see yo next october for dry season and harry saying this will be done and signed ...and saudi ready to be signed off for construction ..GLA see you next year ..lets hope im completely wrong and we are half way through tulu kapi construction ...not praying no more him upstairs is fed up of me very year since 2014 ..i need to be in a mental awareness group ..have a good christmas all and a hopefull next year ..
seen everything i need to see and read everything ..what i get from all news is 16.2 and 36.2 will be ready for production by end of 1st half of 2023 ..then we will wait on dominion gas pipeline for complete connection to our wells ..so in the 2nd half of 2023 we will get a proper rerate ,,..dont forget as well come end of july 2023 loan will be paid off ..so no debts and 100%our project...roc drill company want to stay invested with the sale of 25% that really good news for boths of us ..roll on next year especially 2nd half ..all we can look forward to now is 36.2 well has good flow rates with lots of oil..and we get pipeline done much quicker and our contractor for our side of pipeline are excellent and we will fly on SP..well i wont be posting much now until 2nd half of 2023 ..have a good christmas and a happy new year but most of all i hope we are all still around to see the SP fly next year ..GLA im well pleased with colins ability to pull this project off ..my shares will stay here for a long time from now and none will be sold until at least 2024 ..GLA
amhara forces are entering oromia region to join forces with abiys army ..plus 14 air attacks have been made during ceremonies taking place with OLA present..abiy stated there will be no talks with OLA ..they will be dealt with the same has tigray rebels ..somehow i just cannot see tulu kapi being financed for a while yet...
simms if harry does what he has always done then we will get a RNS in january saying a few more investigations to look into in feb to sign for march then april then may then rainy season then end of next year...if he dont get this done by april it wont be done ..we will all rely on saudi projects ...said a looooooong time ago saudi projects will be producing before tulu kapi ...ethiopians are holding up for a reason and it can only be money ...not very hopeful on tulu kapi so will hold out for saudi projects ...
yes you are correct chain too many numbers going around ...hope you are right as well about update but i think we should be all up to date on both wells before end of year ..would like a RNS on position with pipeline of timeline of connection and what month he expects to be in production of 16.2 well ...
should be 16.3 well progress report next week ..then week after or anytime from 19th to 23rd dec 16.2 flow rate report and stimate of barres per day and per year profit ..then after christmas to new year eve day should get full drilling report from 16.3 well..I HOPE ..should be a cracking next 6 months from now GLA
why is everyone worried about fund raising ...if we get funding its all systems go ..nothing much to worry about after that..got to get tulu kapi up and running first...if tulu kapi falls so will SP TO 0.40 WITH A DEFINATE fundraise to keep saudi alive
the boys ..for a start ..colin talks the same has a politician ..thats vtelling the truth but NOT the whole truth...its quite easy ..colin has done well to drill 16.2 and testing flow rates and etc ..but what he did know which he never told us all was that he couldnt put 16.2 on production until the gas pipeline has been connected too a certain connect..thats what colin should have said from the begining but did not ..there is a saying ..never put yourself on a pedistal because you will become a target to be knocked off it...just like MPs or congress men in US ...has the sentanta the boys is right you did say not produce on your posp ..i suggest state more clearly next post ..imo 16.2 16.3 and other wells will produce one day ...this year NO WAY ...its all about results and hype to get investers to invest...i must say that colin has done a brilliant job up to today but he should not think hes clever with his wordings on RNS..but im happy so far and those that cant wait for there little profit is in the wrong game ..oil and gas is a patience game ...colin should be striaght with us good or bad and let us take the risk ...