Member Info for haggismchaggis1

Looks like yesterdays tree shake is over. Onwards and upwards.

Usual bashers post from the con man Dazaster. It's one of the rules in the bashers rule book to attack longs any way possible, and that's what he and the other con men do on a daily basis.

As tvrandyshep says (thanks btw!) I do have a life, a very good one, so I went off to meet a mate for a few games of snooker, a few beers, and a curry. It was a fun night, way better use of my time than responding to the con men that have infested this board.

In future Dazaster, if I don't post for more than an hour, don't wet yourself with excitement again, it's not a pretty sight for anyone.

Roger,

It's actually not me that needs the answer to that question, it's you. If you can't answer that question to yourself, which is just a case of using simple logic, then that makes no difference to me. If you can use logic and it changes your mind there is nothing wrong with that either, people are allowed to change their opinion and encouraged to if they discover a more suitable opinion.

Aussie,

If you claim JM is incompetent, kindly list your evidence of this, and when I say evidence I mean verifiable facts.

Yes, that is what Maersk are saying.

https://www.telegraph.co.uk/business/2023/02/08/global-trade-will-contract-year-shipping-giant-maersk-predicts/

So pressure back on shipping companies, cutting fuel costs will be high on their agendas again.

Roger,

You've not answered the question. If you think ARA are still looking for a rig, firstly you have to answer the question of why you think that when ARA checked 'rig availability' and were given a slot of March 2023, why you think they would not have booked it there and then, having already missed a spud date?

If this is correct and across the industry then MSC should have no trouble fitting in the LONO trials and maybe a BOB trial as well.

"Fourth quarter results for #Maersk signal end of the boxship bull run"

"Maersk faces ‘new uncertainties’ as container shipping market contracts"

https://me.linkedin.com/posts/tradewinds_shrinking-profits-maersk-faces-new-uncertainties-activity-7029029498813599744-Iv_Y

Sounds like a good connection. On the same panel as JM.

Kjeld Aabo Director New Technologies , MAN Energy Solutions

...... From 2011 to 2014, Kjeld Aabo took over a position in Brazil as head of MAN Marine and Offshore division. After returning to Denmark in 2014 Kjeld Aabo is Director of new technologies in the Promotion and Sales department for two-stroke engines and GenSet engines. Kjeld Aabo is Chairman of the CIMAC Heavy Fuel Working Group (WG), and member of the ISO 8217 Heavy Fuel Oil Working Group.

Roger,

The word expected has nothing to do with whether they booked a rig or not. What does have a bearing on it is 'rig availability', as per my previous post, tell me why when ARA checked 'rig availability' and were given a slot of March 2023, why you think they would not have booked it there and then, having already missed a spud date?

KirSin,

Yes, I would!

"March 2023 due to rig availability" says to me that ARA checked with rig supplier(s) and were told a rig was available in March, so they booked it immediately so that they had a rig.

To the doubters, why would ARA check rig availability, be told March 2023, then not book it? Especially after already missing the last planned spud date through rig availability slippage?

The only potential cause for a further delay in my book is an issue with the rig on it's prior job, causing a knock-on effect to subsequent booked jobs. Nowhere do I see there being a delay caused by ARA not booking the rig when given March 2023 as the available slot for it.

9 March event.

Here's hoping we have big news on Morocco and MSC before that event, then JM will have something big to tell those at the event too.

JM needs to do these kind of events when invited, unless he cannot possibly make it due to other commitments. JM is not the only person in this company, other people should be working on the Morocco and MSC trials, JM should be doing what a CEO should be doing, promoting the business at events like this.

And presuming that MSC have the slot booked, they will have advised QFI already, such that QFI have masses of notice to produce the fuel in time for the Leandra to set sail?

gaslady,

"can be arranged"?

Why do you think they would be arranging it just 4-8 weeks from the spud date?

"On 25 November 2022, at the Tanzania Petroleum Development Corporation ("TPDC") headquarters in Dar es Salaam, the parties to the Ruvuma PSA signed an addendum to the PSA ("PSA Addendum"). The Ruvuma PSA, as with all other PSAs in Tanzania, contained profit share, royalty, and taxation rates only for oil production. The PSA Addendum sets out the relevant terms for gas production.
At the event, the Tanzanian Minister of Energy and Managing Director of TPDC outlined the Government's strong commitment to:
· Develop additional gas resources as soon as possible;
· Accelerate Ruvuma's production, which will play a vital role in achieving the country's short to medium-term gas needs; and
· Construct a 30 km pipeline to tie the Ntorya gasfield into the existing Madimba processing and pumping station in the next six to nine months."

"six to nine months" from that date is end of May to end of August. Do you think that ARA would sit there signing the PSA whilst making out to the Government that they had a rig and would drill in March as planned, whilst the Government promised to do their bit without delay, if ARA had no rig booked and would still be looking for one in February?

"Aminex has been advised that the expected spud date for CH-1 has now slipped to March 2023 due to rig availability."

Do you not think that this statement of "has now slipped to March 2023 due to rig availability" indicates that ARA booked a rig, and the earliest it could book it for was March 2023?

Or maybe, just maybe they are taking advantage of it being available whilst other parts of the jigsaw are put into place?

BB obviously triggered a sell signal today to all those that pay for it's services, hence the wave of sells, perfectly understandable with them being up 50%.

BTW, even after the drop, AFC is still up 28.4% on the 20p where it rose from a week ago.

No firefighting here con man, I am just giving it what you and your short sighted short term trader mates are giving, the price is only of interest to me LONG TERM.

Also news for Senza, only short sighted short term traders give a toss about short term ups and downs, the long term investors do not, they have their eyes on the BIG prize of £'s per share when the success of the company makes it so.

Gambling is buying a stock/crypto/etc just because everyone else is, without having a clue why you are buying it or what it is actually worth.

I bet 99% of the short sighted short term traders don't even know what the AFC Market Cap is, let alone compared it to similar companies, they just hope and pray that enough other sheep buy when they do so they can sell out first and take their small few quid profit and think they did well.

Warren Buffett and all the Fund Managers in the World do not sell just because they are sitting on a big profit, they wait for the stock to reach their target, based on a lot of research telling them what the stock should be worth if the business gets the success that is indicated.

In AFC's case, and with 15 years of research behind me, I see that target as easily £2-£3 per share within the next couple of years.

That has NOTHING to do with gambling. It is INVESTING.

It's called LONG TERM INVESTING ......... DUH!!