Member Info for Early_Bird

being walked down on teeny volume. Any sort of buying will close this level

www.solooil.co.uk/~/media/Files/S/Solo-Oil/reports-and-presentations/2019/solo-oil-plc-corporate-presentation-march-2019.pdf

Holders here may find interesting.

GL

Well played.

I think the new presentation clearly highlights this new board mean business on their strategy / restructuring of SOLO and also highlights the silly value disconnect currently.

Expect some small investment funds to start lapping this up, esp given Gneiss team involvement and links to the successes of Rockrose

another 1000% from here and ill be retired and relaxing on some exotic island.

Lets see.

Burningdownside I think everyone here knows you don't hold shares. Funny you trying to pretend otherwise!

Today this should be trading at 3p vs peers, with base NAV. Trading at a stupid discount currently..

Looks like market finally starting to wake up here

And that includes for £4m being taken off to allow for 10 years of G&A

MCap £8m

http://www.solooil.co.uk/~/media/Files/S/Solo-Oil/reports-and-presentations/2019/solo-oil-plc-corporate-presentation-march-2019.pdf

£8m Mcap

£6.5m-7m in Cash & UKOG shares

No Debt

All new Board and took their 2018 salaries in shares at 2.25p. Cash burn here is extremely lean.

Further divestment of non core assets in to cash underway including Solo's 28.56% in Reef Resources Limited ("Reef") to Levant. They Paid $1.8m for this stake. Also They have many pilot positions which market is unaware of such as a stake in Corallian Energy. All these being liquidated for further cash.

25% Stake in Ruvuma gas discovery, hugely commercial flows 3000boped from both wells. Awaiting Permit. AEX have 25% carried and are valued 5 x higher than SOLO...

13% Stake in Helium one who have $27billion of Prospective Helium. Drilling end of this year. SOLO have invested £2.5m.

8% Stake in Kiliwani North which is undergoing remediation currently. News here long long overdue. If success SOLO will be producing cashflow.

Try This link: https://bit.ly/2FseNOL

Mention SOLO at 46mins:

**************************************/articles/live-company-group-bigblu-broadband-rockfire-resources-botswana-diamonds-and-malcy-d1e7825/

How much do you think we can get for selling our stake here? Good they have a buyer lined up.

Looking back I think SOLO paid $1.8million Canadian dollars back in 2010? Did they pay all of this.

https://www.brrmedia.co.uk/broadcasts/5c94eaeda2edb452af389056/solo-oil-strategy-update

Good post Cperkin.

Things may be taking longer than expected but just take stock for a second:

£8m Mcap

£6.5m-7m in Cash & UKOG shares

No Debt

All new Board and took their 2018 salaries in shares at 2.25p. Cash burn here is extremely lean.

Further divestment of non core assets in to cash underway including Solo's 28.56% in Reef Resources Limited ("Reef") to Levant. Also They have many pilot positions which market is unaware of such as a stake in Corallian Energy. All these being liquidated for further cash.

25% Stake in Ruvuma gas discovery, hugely commercial flows 3000boped from both wells. Awaiting Permit. AEX have 25% carried and are valued 5 x higher than SOLO...

13% Stake in Helium one who have $27billion of Prospective Helium. Drilling end of this year. SOLO have invested £2.5m.

8% Stake in Kiliwani North which is undergoing remediation currently. News here long long overdue. If success SOLO will be producing cashflow.

"To me this strikes as going back to some of the highly successful transactions by the team in former lives, Non-Executive Director Jon Fitzpatrick was instrumental in the early deals transacted by RockRose, and if this is so the Solo shareholders are in for a pleasant surprise."

Very excited.

May add a few more

I think the panic sellers will regret that, reminds me of when people were panic bailing BIDS at below 5p.. now look at it!

£7m cash, 13% Helium one, 25% Ruvuma, 8% KN1, further divestments of non core assets that arent listed. For example SOLO have a stake in Corallian energy people probably not aware.
Tiny cash burn, Gneiss energy moved in to source new acquisition

£8m cap

Their own fault for holding in the NR days and old deathspiral financing im afraid!

The markets are not a charity, you have to be razor sharp or you get obliterated especially on AIM. I wont give anyone sympathy for losing money in a casino either.

The board here now have everything lined up to start realising shareholder value. Lets see what the next few months bring :)

https://www.proactiveinvestors.co.uk/news/details/217004/solo-oil-lays-out-hands-on-and-acquisitive-new-strategy-for-growth-217004.html

Current directors took all their 2018 salary in shares at 2.25p so not sure why you keep dragging up the past 7 years... its a totally new board the past 7 months. Focus on the relevant things

The Company is involved in a number of processes which, if successful, would be expected to derive significant value for our shareholders"

5000boepd target.

£8m cap
£7m cash

Divesting other non core assets atm for further cash

Hopefully PR attached but now we can see the new Gneiss team are lining us up an acquisition. People should hopefully stop focusing on the Tanzanian assets