Member Info for Helpful

Seems to be kicking off over there. Worth a read. Relevant to here.

Deramper, it is obviously at least $52.00 extra.

https://naturalgaslocal.com/states/texas/fort-worth/

NYMEX currently $2.316. If winter is early and it is a hard winter then I reckon that NYMEX price is going to $4.00.

https://twitter.com/AbasAslani/status/1182551086701436928?s=19

FW is mainly gas. The NG price is material to our revenue. It looks like winter is coming early to the US and that will affect the price we get. Heating is mainly NG.

In the last 12 months the HHNG price has been as high as $4.80.

https://twitter.com/NWSHouston/status/1182451821815615488?s=19

https://twitter.com/AndalasEnergy/status/1181914572971745282?s=20

https://twitter.com/AndalasEnergy/status/1181482939022036992?s=20

Yep. I have seen comments elsewhere that they are obviously producing. As previously stated, they need to confirm volume production, stable production and that they meet the specifications on the outputs. IMHO looking good. Fingers very crossed.

https://mailchi.mp/d21d419f6ce7/10wc5u22ur-1476145

It is not me that has claimed I am important. I have said several times that that particular claim made by others is over stated.

The revenue figures were up to the end of June. The majority of the increase in oil & gas revenue will not be in those figures and none of the new revenues from services contracts. The company itself said that the services contracts would be profitable from September.

I expect the company to continue to pick up services contracts. It is a good thing that we are picking the contracts up from more than one owner/operator.

DYOR

https://twitter.com/AndalasEnergy/status/1181106868766351360?s=19

https://twitter.com/Share_Talk/status/1180930743083704322?s=19

Some metrics...

https://twitter.com/kirillklip/status/1180859505841774592?s=19

Sorry wrong board. No alcohol was involved.

https://twitter.com/A_Milewski/status/1180221371692896258?s=19

https://twitter.com/notyourbintness/status/1180164894395469824?s=19

PS Mr Boo, I have loans and CLNs out with multiple companies including RGM and RRR: none of the money is at risk.

Well it was. At the time I posted that it was up 22%.

PS and if cash can be released from Migori, I will be pressing hard for share buy backs.

You are still on filter but I expect I will take you off shortly. I logged out because I suspected that you would be still banging on and wanted to check. You have adequately demonstrated you have no understanding of investing or financial structures: I looked at the first line and didn't bother with the rest.

Locked In Ramper:
You could only take this view if you don't understand what it is that you are talking about. As I have said multiple times, I have mainly CLNs: how can I be locked in? The company can either pay me back or it can't. If it can't then we wind it up and we stand ahead of the equity.

The NAV is way ahead of any liability and so the equity would not be wiped out.

There is such a thing as a member's voluntary liquidation. A large shareholder last year wanted us to put the company into an orderly wind up and we said no. We said no because we anticipated the DRC licenses coming good and we expected the Migori licenses to be sorted.

If we had wound up then, the value would have been less than it is now. The DRC licenses have real value and Migori will soon be issued.

As to Migori, you have completely failed to understand the process that the company had to go through to get the licenses back. I have said repeatedly, the investors need to read the Kenya Mining Act 2016: everything has been according to the book. The MRB has recommended that the licenses are reissued: they will be subject to some minor paperwork requirements and the paying of a fee. Once they are dealt with then the licenses will be reissued. The KMA2016 and the MRB were put in place to reduce the discretion of ministers to manipulate the issuance and renewal of mining licenses: they are an anti-corruption thing. The BIG requirement in the process is a recommendation from the MRB.

The above is at the most a matter of weeks and possibly a matter of days.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/RRR/14232628.html

Migori is in the books at zero and is worth anything between $15mil and $30mil once the license is reissued.

As to the standard response, ah but Andrew Bell. Look up the Kenyan Mining Decastre and you will see that the license status has been updated as MRB approved. As to your next point, ah but obviously AB has persuaded the Kenyans to go along with his scam and all of the other crazy stuff you come out with...… well, yawn!

Once the Migori licenses are reissued and we make a bit of progress on DRC then the NAV here is serious number. If it doesn't get reflected in the SP one of a number of things will happen: a member's voluntary liquidation, it gets taken private or it gets taken over. It doesn't bother me much which way it goes.

Even though I know you don't: DYOR.

Well Mr Boo, if Mr Bop wants to engage in a proper conversation then I am quite happy to do so but what I see from him and you is non-stop invective. As to qualifications mine are degree in Quantitative Business Analysis and two fund management qualifications, 45 years investing experience and 34 years as an adviser/fund manager.

As to Curzon, I suggest you read the RNSs and no I can't comment on confidential information or inside information.

I expect to do very well out of Curzon, RRR and RGM in due course. RRR has been a bit of a wait but we are nearly there. The time to buy assets is when no one wants them. RRR is a classic.

If Mr Bop wants to discuss DRC in a proper manner, I would be interested in his fully informed and considered position. FYI I have had two mining geologists with knowledge of DRC give me their detailed view of the DRC assets. Their view largely concurs with the view of the geologist that RRR is using.

Musonoi is a Biggie, the issue is how big and the others are highly prospective.

DYOR