Member Info for gogsthelogs

Don't think we will be getting a Drill Rig from the States, as Biden is telling everyone to drill for Oil and Gas in their backyards to make up for the shortfall after banning Russian imports!

You beat me to it, Latorre1690
Definitely tomorrow or Thursday for RNS, although AGM isn't until 4.00pm on Monday, so I suppose they could then, but doubt they would release news so close to it!
Soon be waving bye, bye to the MMs
GLA

Someone running our share price at the moment only seems to have a 1 and a 9 on their keyboard! Lost count of the number of trades for 19 shares in the last few days!

HappyDazes

Only 150 to 200 kilometres from Lake Eyasi and Balingida - could you nip over before you come home and take a few samples or see if your voice changes, before you come home, just to give us expectant holders some comfort! lol

Questions for the Day

1/. Will HE1 have to apply for new EIA Certificates if they plan to drill elsewhere other than TAI, and will the certificate for Tai, which was issued 4th May last Year be ongoing past May this year? Could this be a hold up to proceedings?

2/. Drilling Contract was signed 22nd March last year with the intention of commencing the drill by mid-May, but in fact started 14th June. That is 12 weeks for a Drill that was effectively available in the country. What timescale will be involved if we haven't yet got an MOU or a Contract in place, and a suitable conventional big Drill Rig is not in the country at present?

3/. What is the likelihood that global demand for O+G Rigs has skyrocketed due to ramping up of alternative production site possibilities as the world tries to pull away from Russian dependency and soaring costs?

4/. Will this hamper our 2022 exploration/ discovery plans in the 2022 season?

I am 100% upbeat about this project and the company/board, but there are going to be challenges ahead!

GLA

@Latorre1690

Last year during June/July, I predicted the Glorious 12th of August would be the day of discovery, and the SP would take off, and as you know the very day before, they put out the RNS saying they got to 1121 metres, but alas couldn't do the logging because of the washouts, so no discovery announced. So I will hang my hat on the 12th August Peg again this year and predict a SP of £1 on date! Not saying whether morning or afternoon, however. Lol
We can but dream. GLA

So my RNS predictions were on the money for both Wednesday and Thursday this week, but not really the news I was anticipating! Not expecting one tomorrow, but may be wrong.
However next week is the final 5 trading days before the AGM on Monday 14th March 2022, and I think they would have to have some concrete updates released before that to show some confidence in the company/project in run up to that meeting?
Could be any day next week, but I will plump for Wednesday, to allow the market time to digest the news.
Thoughts, anyone?
GLA

Gheko

Equinor and Shell have been in dialogue with Tanzanian Government for some time now (April 2021) over LNG $30 billion project in the country which reportedly would be worth £4.3 billion annually . With what is going on with Russia, these figures will now be much higher?
Would be interesting if they had Helium in there sights as a by-product of LNG project, where they could link both together!
GLA

We need to get the Belarus people to rise again like they did last summer and challenge the horrendous regime that is controlled by Lusashenko. Then the Russian public might start to wake up to Putin and his enforcers.
International Court for War Crimes need to list all Putin and all his unelected Politicians and senior Military Personnel and serve notice on them that they will be tried for the on-going barbarity in Ukraine.
US and UK should sell their 13 Aircraft carriers to Ukraine for a £1 each and ask the Ukrainian Government to grant Ukrainian citizenships to the crews.
Just ranting here, but feeling a bit guilty at the destruction and killing going on at the moment, and the impending Grosny scenario which may unfold soon.
Huge respect for Ukraine, its people and Zelensky!

More to come imminently, for sure!
The train is leaving the station on an epic journey.
GLA

Ya37

Nothing more than piecing together the Jigsaw so far!

1/. Original seismic Data from last year, and historical information.
2/. Latest @D Seismic during Nov/Dec/Jan complete and should be interpreted.
3/. MSS Study complete and analysed.
4/. Quemscan complete and should be available.
5/. Stated Main ERT started 7th Feb. & work for TAI had been done earlier, so in 3 weeks should have good amount of data.
6/. Process of layering data/info to develop concentrated understanding of target sites will be more or less done.
7/. Need for MOU or Drill Contract becomes more critical by the day to allow a multi drill plan for 2022 weather window.

RNS is coming very soon. GLA

Definite pre-news activity now!

GLA

Next RNS will be significant. All the tidying up, accounts, etc. have been dealt with, and we are now in imminent Seismic, ERT and Drill Provider territory. Seat Belts on please!

GLA

Trades going to increase in the next couple of hours as positioning for further news releases at the start of next week.
Closing above 11p at least!

GLA

Dixywrecked
"Timberrrrrrrr!!! ?

Think your Chainsaw is blunt, mate!

Noob
We have traditionally looked upon the USA and Russia as the military superpowers, but after looking up countries GDP in 2021, Russia is in 12th place with all the major European countries, China, Japan, India and S. Korea above them, and the US about 15 times greater GDP , is Russia really in a position of strength here.

Fairly comprehensive interview there, but the one omission seemed to be the potential for shallow drilling - he talked about the summer drilling with conventional rig, but nothing further.

This is a "Needle in a Haystack" gamble, but with each additional piece of data coming in, we are slowly building a damn good Metal Detector to find it. GLA - one day nearer!

Don't think Khaled is a Shorter at all, but a double agent, subversively driving the price upwards!
Keep it going Khaled.

GLA - Homing in on the answer, whatever it is!

Keith
Many thanks for your very informative input once again!
Helps to make sense of the rather flat way the RNS seemed to be presented, and the initial confusing report that the were commencing ERT and in the same breathe stating they had done TAI.
Great to have such sound knowledge on this board!