Member Info for haggismchaggis1

Yes, and plenty of upside scope on that at both prices.

Also, Liberium (broker) target is 78p at the lower price, meaning:

$5,110 / $1,500 x 78p = 265.72p target if flat spodumene concentrate stays at $5,110/t.

"you can play that to your advantage and pick up a few shares cheaply, if you want to"

Says it all really, and he said it with far more money than 008 could even dream of having to chuck at a stock!!

008 is not an insider at ALL, though possibly an insider at BO.

"DFS put out in June"

"I expect great things from our DFS"

"The next 3 months are arguably the most important in the companies history, this is where we expect to get our mining license approved by the Ministry, this is where it culminates with the DFS"

"brokers estimates on the price are significantly above where we are today"

"I took advantage of weak shar price last week to get in there and get some more shares"
"I'm not investing out of charity believe me. I mean I'm a long term investor in the sector and my opportunities to buy and sell are few and far between, in my 20 years or so as a Director of public companies in the sector I've never sold a share, I've only been an accumulator. So this is one of those points where you look at it and say, well look what's happening in the next 3 months, these are real value driving events, so I was very happy to get in there. There was some weakness in the price so it was in the 20p's not the 30p's. Obviously there's been a bit of turmoil in the market at the moment, which is playing on people's minds, but you can play that to your advantage and pick up a few shares cheaply, if you want to"

Well worth listening to the Podcast recording. It really shows what a lying crook 008 is.

Hear the facts from the horses mouth, listen to the Podcast.

Neil Herbert of Atlantic Lithium:

"There’s some real value driving events happening in the next 3 months hence why I invested more"

15:38, 20th March 2023

"Neil Herbert Executive Chairman Atlantic Lithium discusses their exploration programme & the Definitive Feasibility Study, happening in the next 3 months, as real value driving events and sees it as a good reason to increase his investment in the company."

https://www.voxmarkets.co.uk/articles/neil-herbert-of-atlantic-lithium-there-s-some-real-value-driving-events-happening-in-the-next-3-months-hence-why-i-invested-more-e84559f

Thanks DrP! Excelleent stuff!!

2m 30s on the video for those about to watch.

Klunk,

I watched that one a few times but couldn't see the PT on there. I can see a large white cabinet in front of the large blue shed in the same area as cabins, but looks too big to be a PT. Maybe the PT and H2 Cylinders are in the blue shed?

BB3,

No, it looks like like the 3 guys are installing it, so maybe no cylinders in place or are further back behind it.

I was just checking on news items and the original Kier lease was only 8 weeks, so the site hut trial could well be over and now gone to inside testing? All guesswork as we know, maybe more detail in with the results RNS.

"An initial eight-week lease is expected to provide the basis for a longer-term collaboration, with the aim of delivering additional hydrogen fuel cell systems in 2023, AFC said."

https://www.theconstructionindex.co.uk/news/view/kier-trials-hydrogen-powered-generator

Klunk,

I've been on construction sites which had Propane/Calor Gas heaters and dehumidifiers inside buildings. Hydrogen is way less dangerous than those, as no emissions.

At some point this is just the sort of place I'd expect a Fuel Cell to be tested and then used. Maybe it was powering the cabins before, and they were happy with that and it's safety so moved it inside. It's still a shell of a building, it has no walls, but will have 110v equipment in use inside it, which the PT could run.

Did you look at the video at the guys working on a tall white tower? It certainly looks like the Power Tower in there.

Klunk not Kunk!!

Kunk/BB3,

I 'might' have spotted the Power Tower in the video.

Have a look from 1m 22s. Then when the shot changes, look inside the middle of building at the guys in high vis jackets. There's 3 guys doing something with a tall white thing, and one guy to the right that walks towards them. This could be the most miraculous coincidence ever, seeing them installing the Power Tower inside the building. It looks very similar to the install pics we've seen on Twitter/LinkedIn, where 3 or 4 in high vis do the install.

Link below starts at 1.22. Turn the speed down to 0.25x.

https://youtu.be/e9mtAgWigh0?t=82

I've had that crook RoJo on filter for years. No idea why people engage with the crook, must be just boredom due to the low levels of posts on here other than that crook. Best to filter or ignore, as entering into conversations with him gives some level of credibility to his posts when none should exist, and it also allows him to trash yet another thread like this one, which is about a serious subject for investors, Oil potential, not his drivel.

The worst thing that could happen at Ruvuma as far as Gas production goes, is ...... hitting Oil !!!

CP,

I read somewhere a couple of days ago that ARA could potentially go open choke on NT-2, as NT-1 was tested open-choke and worked fine. I can't find that article right now, but it was in on of the links I posted a couple of days ago I think.

Ntorya-2
In order to preserve reservoir integrity and in view of the pressures, flow was limited by the choke and during the test the well flowed dry, high quality, gas at an average stable rate of 17 mmscfd (approx. 2,830 boepd) through a 40/64-inch choke.

Ntorya-1:
The Ntorya-1 well as tested and flowed from the Albian aged sandstone on an open choke. The well was tested and flowed at a maximum rate of 20.1 million standard cubic feet of gas a day (Mmscfd), producing 139 barrels of oil a day and 53° API condensate.

So NT-2 on open-choke equals 17 / 40 x 64 = 27.2 MMcfd.

They also have the option to perforate more of the well:
Total 51 metres gross sandstone reservoir section was penetrated associated with significant gas influx and high pressure whilst drilling
Flow testing performed over a gross 34 metres interval of gas pay in what is interpreted as the dry gas portion of the reservoir

27.2 / 34 x 51 = 40.8 MMcfd

The neg-head might want to take a close look at the presentation I posted the link to at the start of this thread. Page 12. CH-1a well.

Note that the well intersects LOBE 3, which is the proven gas containing LOBE that NT-2 intersected. It's at the narrow end but it's still pretty much 99% going to hit the same gas. And with the 3D Seismic, ARA can optimise that well to intersect as much as possible of LOBE 3 whilst also hitting a good section of LOBE 2. Just a little to the right I'd say.

So yes, Gas from CH-1 is pretty much a certainty as you can get when drilling through a trap that has proven Gas.

Good to know, whatever you are invested in:

UK financial system ‘safe and sound’, insists Bank of England

Britain’s finances are not at risk from the fallout over last-ditch efforts to rescue a major international bank from collapse, the Bank of England says.

The central bank sought to calm fears of a panic after the discovery of serious ‘weaknesses’ at Credit Suisse last week forced it into a humiliating cut-price takeover.

Regulators had to effectively strong-arm Credit Suisse’s arch-rival UBS into buying it out for third of its previous value.

‘The UK banking system is well capitalised and funded, and remains safe and sound.’

https://metro.co.uk/2023/03/20/uk-financial-system-safe-and-sound-insists-bank-of-england-18469410/

Good to know, whatever you are invested in:

UK financial system ‘safe and sound’, insists Bank of England

Britain’s finances are not at risk from the fallout over last-ditch efforts to rescue a major international bank from collapse, the Bank of England says.

The central bank sought to calm fears of a panic after the discovery of serious ‘weaknesses’ at Credit Suisse last week forced it into a humiliating cut-price takeover.

Regulators had to effectively strong-arm Credit Suisse’s arch-rival UBS into buying it out for third of its previous value.

‘The UK banking system is well capitalised and funded, and remains safe and sound.’

https://metro.co.uk/2023/03/20/uk-financial-system-safe-and-sound-insists-bank-of-england-18469410/

Good to know, whatever you are invested in:

UK financial system ‘safe and sound’, insists Bank of England

Britain’s finances are not at risk from the fallout over last-ditch efforts to rescue a major international bank from collapse, the Bank of England says.

The central bank sought to calm fears of a panic after the discovery of serious ‘weaknesses’ at Credit Suisse last week forced it into a humiliating cut-price takeover.

Regulators had to effectively strong-arm Credit Suisse’s arch-rival UBS into buying it out for third of its previous value.

‘The UK banking system is well capitalised and funded, and remains safe and sound.’

https://metro.co.uk/2023/03/20/uk-financial-system-safe-and-sound-insists-bank-of-england-18469410/

UK financial system ‘safe and sound’, insists Bank of England

Britain’s finances are not at risk from the fallout over last-ditch efforts to rescue a major international bank from collapse, the Bank of England says.

The central bank sought to calm fears of a panic after the discovery of serious ‘weaknesses’ at Credit Suisse last week forced it into a humiliating cut-price takeover.

Regulators had to effectively strong-arm Credit Suisse’s arch-rival UBS into buying it out for third of its previous value.

‘The UK banking system is well capitalised and funded, and remains safe and sound.’

https://metro.co.uk/2023/03/20/uk-financial-system-safe-and-sound-insists-bank-of-england-18469410/