Member Info for edgar222

Yarmy

Good question. All signs from the Govt are of setting up export. Deals with nearby countries and pipelines being talked about. But also domestic supply. Also industrial supply. Also onshore LNG (do I mean LPG, cant remember pre coffee this morning). So all of the above is on the cards. Although there are other gas fields I think it is generally accepted that such large plans are based around Ntorya (8tcf estimates), ie our gas.

Best

Am not a chartist but I can see the resistance points in action so I am not a sceptic either.

Anyone know what the chart says about the run up to the next resistance after 2.4/2.5p?

Have lost count of the assaults on 2.40p, Gaslady.

Is this the 5th? Or something close?

Alcapone

I suspect (but do not know) that they have been waiting for govt action before drilling further. Pipeline build is proof of activity and commitment by govt. Money where mouth is etc.

So I suspect that explains the extended process. Brakes off now, I hope.

Ear

Well remembered. That detail (about the CPR for the TPDC) had not lodged with me.

Next CPR, post CH1 and NT1 workover, so during production and large income to Aminex, to comfirm 8TCf plus? Which is 2TCf to Aex and brings us into Cove valuation territory. From memory the Ntorya estimate is 7.95 TCf with the wider area being 13 TCf. I am not pretending these numbers are proved up yet but every single drill and proving up event has been better than the previous estimates. This is all entirely foreseeable as major inflection points in the near future and why many of us are here. The exciting thing is that there will be real income at the same time. What does that do the Cove comparison? The buyers of Cove bought it knowing the offshore LNG would take many years to come to fruition.

I am not even going to mention the condensate and the chance of oil. Oh. Damn. I just did.

Genuinely exciting future ahead. Life changing. I made the mistake of working out how much money I make on every 0.1p rise and now I cannot sleep. No, am not saying, that would be vulgar. 😂

Good luck all real investors. Though with Aminex luck has nothing to do with it, now.

Northern

Yes. Thats probably next. And the biggie. Unless we are about to be given Orca's licence. ;)

Those who like TA are saying 2.40p an important resistance to breach. Then a run up.

Fowler I agree.

I also think that I would not (for once) be expecting a dip on delay news. By which i mean assuming the pipeline happens on time but the drill is later than we hope. Surely the pipeline, production and income is a floor underneath us?

Have considered building a warchest and waiting for a delay announcement re CH1. But i honestly think the sidelines are the wrong place to be now.

Roger

I don't want you to think I am looking for a loophole. But. 200% is 4p. 2000% is 40p. So it has to get to the 20s to be closer? I think that is more likely than it still being 4p?

😂

Presumably they are working on a plan to spend the cash in finding and developing the tungsten?

Mill news? Long overdue and painful but could still land.

Stuart

I am not a gambling man. But I will wager you that this time next year the rise is closer to 2000% than 200%.

GLA

In the recent interview he held out the hope that they were early and the licence might be in a bit early

.....but I like it!

Pipeline is being built. Every day that passes is a day closer to completion. Its not a day of wondering and waiting, like we are all so used to. It is progress. Every day.

The rig contract / spud date is the big unknown, obvs. It now seems clear that Ara were waiting for the Govt to actually get boots on the ground before committing? The dates dont matter in the sense that the gas has been there for millions of years and will still be there by spud date. But they do matter in share price terms. I, for one, would love a dovetailing of production with the spud date. Double whammy. But I can see an argument for hest share price performance that says build a solid floor (production/income) before spudding the monster that is CH1.

Having been so patient for so long these last yards are hard. But I recognise these are very good problems to have!

GLA. DYOR

Mind blown.

I have posted this before but in terms of how big ONE trillion is as a number, see below:

Okay, this is my favorite way to explain big numbers because it makes them *hurt your brain* in a good way 😄

Let’s pretend **1 unit = 1 second**.

---

### 🕐 1 million seconds

**≈ 11.5 days**

So if you started counting seconds…

* You’d be done in **less than two weeks**

* Basically a long vacation

---

### 🕰️ 1 billion seconds

**≈ 31.7 years**

Now we’re talking:

* That’s **from birth to full-grown adult**

* If you started counting at age 0, you’d finish in your early 30s

Already a *huge* jump from a million.

---

### 🗓️ 1 trillion seconds

**≈ 31,700 years**

Yep.

* Longer than **all of recorded human history**

* Humans were still in the Stone Age

* Mammoths were *recently* gone

---

### 🤯 The takeaway

Each step isn’t “a bit bigger” — it’s **1,000× bigger**:

* Million → days

* Billion → decades

* Trillion → tens of thousands of years

That’s why when people casually say “a trillion,” they’re talking about a number that’s **almost impossible to intuit**.

Bought more first thing today.

Never fails to amaze me that people buy a junior miner with no income and then express outrage at them raising money. Its the nature of the beast.

I am delighted. Tungsten priority and all in on that is correct in my view.

Is this one of those rare buying opportunities?

Down on that news is crazy? I get warrants, I get incoming raises but we have just found commercial tungsten, no?

What am I missing?

Prospero26

Agreed! You use more technical analysis language than me but thats what I meant by coiled spring. I think.

All very exciting. Also I have just added up the number of shares I actually hold and it is significantly more than I thought.

15p please. But I know if it gets there I will want 20p.

Gaslady

I agree re the oomph. But we know that when this goes it really goes. Coiled spring etc, its just winding itself up at the moment! ;)

Been thinking the same! Especially with beyond CH1 full field development having 13 (is it?) new wells.