Member Info for flipper56

The worrying thing is, l own over a billion shares !. Took quite a knock in the last month. But have confidence in Namibia. And Colin knows about mining. Risks remain but feel we are getting there. And plenty of additional pits to add to our resources.

UT @ 89.60. Wow.

I think what Colin has achieved in the last year is a minor miracle. No money and literally just hope.

All being well will soon be in production with our own processing plant. Who expected that ?

Trumax - Colin and his wife were buying on the open market at a higher price only a few weeks ago. So personally don't read much into his low take.

At least AIM has been such a dog for so long that there is little speculative froth. Our time will come.

A few months ago l decided to move some funds out of AIM and invested in Diageo and L&G. Safe and boring. Fortunately l sold out without a loss and put all my money back into AIM. Still neutral for the year. My brother did the mix, emerging markets etc. Big losses !. I bet bond holders taken quite a hit recently !.

It was useful to get an update via an RNS rather than a Roast podcast. I wonder if Colin is taking the opportunity to top up.

Https://share.google/Ef7xBxSYa3mCf4zdz

Marked - a successful retest of the breakout ?.

I expect there will be a takeover. But just my personal thoughts. Given what was said by Borgo and confirmed in the presentation, l think an earlier takeover is possible. Possibly within a year ?. The cost of a second/third FPSO etc is beyond us. Developing the gas even more so.

At what price ?. Many of our shares are held by Israeli banks and institutions so they will have a say. But l don't think it will be for the premium suggested by Borgo. I expect much higher. Given the strong cash flows of the oil companies, the need to diversify and a new oil province waiting to be developed, l would expect a bidding war. Time will tell.

I was hoping for a 80p weekly close but 75p fine. Do the retest, hopefully hold and move higher.

Taking Borgo's post, confirmed in the Navitas presentation, then it looks like a takeover will come sooner rather than later. Would be very surprised if not given the current geopolitical situation. But like others, l expect much higher. As a child growing up l still remember, l think it was Britoil, being taken over. It was headlines news on the BBC in those days. Bidding started at £1 l think. Ended at £9 or something. Has always stuck in my memory. Expect the same for RKH.

Didn't Shell say the same thing about the North Sea Forties prospect. They turned down the offer to partner BP on an exploration drill. Big mistake.

From Google, l see Shell held licenses in the F.I 1979 to 1982. Guess the war put an end to that.

Maybe that is why they might be selling the Argentinian assets. They are also keen on gas. Something dismissed on here. But the presentation yesterday suggests otherwise.

Thanks. I am hoping for 80p close tomorrow. I feel another leap is justified but will leave it to the technicians for targets. The next question is, who is looking to join the party. Shell or Murphy ?

JPDM ?

You sure we haven't had the dip post FID ?. People selling out in disappointment. Hopefully those people will soon be gone. Break 75 and game on.

Thanks for sharing the information. Very promising. 200,000 barrels a day - lovely.

Shareprice wise, 3 months chart looks interesting. Will break out higher or lower. My money is on higher. But then l always do the opposite of MD/happy.

LTT. The original refit was in Dubai. Maybe the less said about the next refit the better given the security situation.

Personally have no problem with the timing of the RNS. 7am releases only benefits day traders and of no interest to long term investors.

Using solar also a plus point.