Member Info for greendave66

I agree this share needs and will multi bag soon to change the fortunes of this company!

It’s been a 25% spread to deter buyers for the past few weeks.....all change now that we have 2 projects on the go!

Deal in shares. Looks a good deal to me!

You are welcome to join us....the recent South Sea Gas news combined with this INDO oil news mean we have had a cracking month. I wouldn’t rule out more deals as CEO said restoring shareholder value was his short, medium and long term aim. Other CEOs should note in how deals can be done quickly and to the benefit of share holders. Roll on a 5m mcap minimum this week I say!

prior contractors have incurred expenditures of US$111,695,000 in exploring the PSC. Andalas expects a proportion of this expenditure will be recoverable by Andalas in priority to distributions of profits to the state. Worth more than our current mcap?

It is an all share deal structured to align the interests of the vendor and our shareholders and ensure that consideration does not pass and additional costs are not incurred until the deal completes. Good work Simon!

Well done ADL - the re rate is on!

Both will lead to a decent re rate and we should hopefully hear in the next month! This is the year low price so a great price to top up or as an entry....

On the big Mozambique potential?

And the price falls....MM games

If they progress this then we have 2 bites of the cherry. We all know it’s not easy doing business in Africa so it’s best to spread your bets! Imagine if both progressed a lot in the next 6 months this would be a fantastic investment

Could be a huge opp for us....would be good to see some developments there also...while Nigeria gets sorted

No one is going to buy this until the news comes and the spread shortens....

Gross mean prospective resources assessed to be 399 Billion cubic feet (Bcf) of recoverable gas (net of inerts and liquids) and 3.9 million barrels of natural gas liquids.

There sure is.....just need a few finance deals, 1 license and a contractual issue to be sorted and then it’s raining black gold! Time frame.....should have been sorted by now haha

I don’t think next week qualifies as end of summer. It qualifies as get rid of kids back to school time ....

PIs have been waiting for this for a long, long time. He has been assessing again as per recent RNS so it’s time to strike a deal and restore share holder value.....some PIs will forgive and forget if this multi bags as people expect it to. If no news or crap news it’s same old same old but I believe the company has turned the corner and it’s all growth from now onwards. Fingers crossed for the next few weeks....

Of just over £2m. These are the companies that could be a serious multi bag over the next few months. UK gas news and possible INDO news due by September....

for any new PIs.....it could drift below placing price if no new in the next month or so but finance news due anytime so thats unlikely to happen IMO

I thought news was due in the next week or so as everyone was ramping in the past week