Member Info for feelinlucky

why are some people still here?.....why follow it for years?

https://www.youtube.com/watch?v=XkUZ-rpp4GI/ .........& REMEMBER..... DO YOUR OWN RESEARCH!!!! ;-)

not many of his kind left these days, so this sad one seemed right https://www.youtube.com/watch?v=rZbPOMuHBek/

Sorry to hear he's gone to the great beyond but it will be on a first class ticket for a first class man. He will be greatly missed.

Mouse has become a shorter?????

Thank you for your years of dedication, we on the Aminex chat board wish you a happy and prosperous retirement!

on WRL forum.......post by alph on 8 July '18 'From Norwegian XI-forum'. My thoughts : now that Mozambique have ratified gas contracts WRL could re-rate, thereby giving indicator price to the markets for Aminex valuation, we just then need Tanz govt to ratify. As for potential aquisitions to offset regional risk we have competition Jay had better get a move on!

my post refeed to this https://allafrica.com/stories/201808100616.html/ the next day this followed https://allafrica.com/stories/201808100614.html/ as published on 8th August that was almost a week ago...come on Tanz!

It could be they are waiting to see what Mozambique does first. Mozambique is set to approve gas licences in September, Tanzania may be waiting on that as they are the 'next door' competition

shouldn't that be...... turkey, MAIN MARKET, fire? ;-))

running for the outhouse again.....ouch! expensive to roll over your short to next day isn't it.....could keep going up

please make it read better......re. 'carry Aminex up to $35m of a $140m total projected spend' makes it look as if Aminex is covered for $35m but would have to find the rest of a $140m outlay! Please make it more clear that Zubairs are (implicitly) stumping up the cash for the $105m balance of the (implied) $140m field development spend

not just 8%....14% to follow and placings discounted at 5% ( 8 +14 = 24% and (5% of 24% = just over 1%)) so Solo diluting company 25% in all....this time!

diluted their company by 8%........how many more such dilutions are in the pipeline before the end of the year? It makes a 50% farm -out of Ruvuma look economical. They are still likely to trade down a share of Ruvuma for free carry imo. Any ideas as to why they chose to pay off the loan early as opposed to putting the cash into development of HH? would saying they are debt free help in the face of cash requirements?

that's because it's bb is populated by overly positive idiots (ours suffers the opposite problem of over-analytical fuss-pots who refuse to see any good) They are up after being told (ironically on an AGM day) that they haven't secured any farm-out or sale of assets so alluded to by NR and don't have enough cash to meet their considerably cash guzzling commitments all of which are due this year!.....and the idiots who know they're about to get diluted are still buying in!....and where is Aminex with it's cornerstone investor free-carry and no need for dilution? ....DOWN as usual

ducks onboard......only trouble of course is we're travelling 'Southern Air' https://www.youtube.com/watch?v=o4ZJt8UrJLk/

(should I say de-ramping and trying for a cheap entry?)....and there is a possibility Jay and co could take this private!

.....enjoyed that tale of your mis-spent youth pocket money!.........we now all naturally assume your bb name to mean 'X-ray Dave' :-))

necessary for getting a fair farm-out price or selling price. Jay has always said the deep water side needs a farm out. He may tackle a shallow water drill sooner, which can be tied in to existing infrastructure, but wants seismic done first.

the use of the word 'de-risk' refers to undeveloped acreage being 'risk-on' (therefore under-priced) until surveyed / drilled and proven to have recoverable, quantifiable resources. Once proven the assets, drill by drill, help to revalue the acreage, allowing the price to be increased on both (proven) real and (therefore more likely) yet-to-be-proven resources. In this way the farm out will (through enabling multiple drills on a faster timescale) exponentially 'de-risk' and revalue Ruvuma