Member Info for Helpful

He has been in DRC sorting the deals there.

PQE use some of David's proprietory tech in their process and he helped with the cavitation system that was introduced. If you check him out, he is a pretty switched on guy, highly qualified and very intelligent.

This is Gordon Johnson

http://www.marketwired.com/press-release/west-texas-resources-inc-announces-appointment-gordon-johnson-board-directors-2071801.htm

I have posted it previously.

DK has three deals on the go. I have seen them and discussed them. They have no effect on Mayan. All are private deals. The relationship with DK hasn't changed. He is a consultant and he consults.

DYOR

If you read the RNSs you will see they have had legal and operational issues on everything. I know in detail exactly what the issues have been. PQE/Block/ADL have each been delayed: they account for maybe £1.6/£1.8mil of value but it should be more by now. Block should be on with its initial 3 workovers next week. News from ADL should be fairly continuous from here on in.

The issues on its own assets have been made clear and the up to date position should be disclosed shortly. All legal/paperwork issues eventually time out.

Surely he wouldn't try it again? How many times has he been banned now?

Funny guy!

I am not here to provide a free public services. I suggest you do what all responsible investors do and that is read the RNSs.

The participation rights with ADL relate to Indo deals only. ADL has announced Bunga Mas in Indo and Mayan has the right to participate. As far as I am aware it has not made a decision whether to take up the participation rights or not. So ADL has produced one deal that we can participate in. If you read back a couple of ADL RNSs you will see that Simon Gorringe says the IPP deals in Indo are still a goer.

If you have any sensible questions, I might consider asking him when I see him for a cup of tea on Thursday.

xx

https://twitter.com/DavidLenigas/status/1044186547807911936?s=19

Yep. Schlumberger are next door. They have three blocks: currently drilling at Patardzeuli, should be done this week.

https://guerillainvesting.co.uk/2018/06/16/andalas-energy-power-whats-going-good-read/arctic_bay_ventures_bmic_cpr_august_2014_final/

https://www.google.com/url?sa=t&source=web&rct=j&url=https://guerillainvesting.co.uk/2018/06/16/andalas-energy-power-whats-going-good-read/&ved=2ahUKEwjauNTzycvdAhXHVsAKHdlpD7IQFjABegQICBAB&usg=AOvVaw3nFS1P-pWDsFLE9CZTm-gA

News at ADL. Looks good, took part of the placing. Been doing some reading on Bunga Mas and other potential Indo deals: I will post later. I think we should take up our Indo rights.

Indeed. I am currently inside and have been for a couple of weeks. They obviously felt that they needed to clarify what was happening with FH. It has been going on for too long without anything substantive being said and they probably were advised that the orderly market requirement was not being met.

Anyway, the conclusion is that there nothing"wrong" with the wells at FH it is a legal issue that is about to time out.

The 80 bopd figure is good news, I thought it was around 110 bopd. It presumably means they have sat down and calculated that figure as opposed to guessing it. Morris 1 was reported as producing 83bopd excluding the gas and the condensate, so it is eminently doable.

Fingers crossed for next week.

I have seen that and already knew about it as you would if you did any research. AB gave an interview two weeks ago. In that he said that Steelmin had moved from a system of water cooling to air cooling. In the hot summer this prevented them operating at 100% capacity.

AB wants control: why? He stated he wanted to go to 50% plus.

We will end up with 50% of a decent asset for pretty much nothing. Why go to the trouble taking your position over 50% if it is a basket case?

Try thinking like a commercial person.

DYOR

Out in force. Obviously the dividend is the wrong type of money.

Deluded. JMS is distributing at a run rate of over £1mil pa. RRR costs are about £500k pa. Things are looking good, hence why the trolls are out.

What are you going to say when we end up with 50% plus of Steelmin for pretty much nothing?

As I said before: AB could turn up on your doorstep with gold bricks and you would still pull a face.

DYOR

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MYN&ArticleCode=wq61e6up&ArticleHeadline=Zink_Ranch_Field_Development_Programme

Worth a watch the NR shares and investing.

https://www.sharesmagazine.co.uk/video/paul-johnson-ceo-of-metal-tiger-mtr

https://twitter.com/JBrewerMining/status/1039961898542936064?s=19

https://www.voxmarkets.co.uk/articles/anglo-african-oil-gas-block-energy-toople-53f8721

Another one.

Both will have to buy $JMS

http://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0000K33Y

http://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0001688K

Read and weep!