Member Info for hereandnow

Our share of costs is circa $4million. We have long standing supportive share holders who will stump up the cash. It is what they have been waiting for years.

Has troubling times revealed himself? I did notice he has yet to reply to my requests about his connections to the industry and the Ivory Coast/Ghana . It would be good to get an answer because he seems to have some decent knowledge. 88 seconds since FK reminded us about ?

EJB has raised a couple of million pounds in a pre ipo fund raising. YOLO's stake has been diluted to 34% and is now worth about �4million atm. Rob Lewis is planning to IPO at a valuation of �100million. Let's cut that in half and in half again��25million. Yolo's stake will be worth �8million. plus �8-900000 in cash plus Gfinity and audioboom stock plus TV player plus Simplestream YOLO is extraordinarily cheap, I keep buying

Hi troubling times, just wandering if you have had time to compose a response re the Norpalm acquisition. You seem to have some regional and industry experience. What is your connection to the region?

Tedd, got a link to this blogger?

come very close to investing in this company several times. A bad experience with another Indian based company listed on AIM made me hold back. Share holders have been wiped out on that one (DQE). Paul Scott refuses to invest in any Chinese/Indian companies that list on AIM because of the large number that have gone belly up.

Looking forward to your thoughts Troubled. You seem to have some particular knowledge re Ghana and the palm oil world

Difficult to avoid it!

I don't understand. You mention it to the board at the AGM once. You are quite happy to write about it on this forum repetitively day in day out but are not willing to drop management an email to ask what is going on. Some sort of oxymoron surely? And that is more than enough from me on this. very boring.

I would still like to know why Troubled times thinks the Norpalm acquisition is a bad thing for DKL? Personally I have no idea one way or the other as we have little/no information re. money/income/valuations.

Ii becomes moaning when you bang on about something relentlessly. Why not do something about it like remind management that they said they would do something about it. Whining on about it on a BB is not going to actually achieve anything, is it? Enough said.

If something bothers me I do something about it rather than just moan about it. More productive and less frustrating but each to their own!

I wouldn't worry about it too much. It might irritate you but not that important in the scheme of things. Email LM about it if it irks you unduly.

FK, what are you talking about with this Biopalms holdings update?

I have read your posts with interest lately, you seem to have a keen eye. I was wondering why you see the Norpalm acquisition as being negative for DKL?

Fellas. One statement 2-3 months, the next 3-4 months. They have shot 2550km of 3D, that is massive. In the past, they took nearly a year to process 1000km of 3D off shore Namibia. This time they have the Tullow 'engine' on board so will be quicker. I am just being very conservative re. the time scales. 3-6 months is realistic. Q1 2018 for sure, then Total have 120 days to make their mind up. I can wait. Could be drilling up to 4 wells in the next couple of years. Don't forget Azinam and Guy.

Big launch in USA and UK at the end of the month from what I can gather. I've been buying more lately. Priced at 1/3 of NAV; Price disconnect by multiples before any news flow, totally daft.

3-6 months to process 3d. Then total look at it and make their mind up. Tullow dictates drilling time as they are the operator. It is a priority for them but they are drilling something a bit further South first. Tullow are debt laden so have to be a wee bit careful. They then have to agree a drill campaign with partners. Then they have to secure and haggle fpr a rig. It could happen in H2 2018 if everyone gets on with it. These things always take a bit longer than you think. Tullow have to make a drilling decision on PEL 037 by march 2018. ECO has applied some time ago for drilling permits/enviro clearance. Tullow has just farmed out PEL 037 to an Indian major. Tullow have received an offer to farm out PEL 030 (Cooper). This would reduce their drilling costs enormously. I think they could well have a two well campaign on PEL 030 and 037 next year (with an option for additional wells if required). Hence we should hear drill plans re. both areas sometime next year. Namibian assets are more mature and there is time pressure hence I believe this could drilled first. Guyana is less mature but is regarded as the prime asset now ofr obvious reasons. Time will tell. ECO is in the best place it has ever been in. 2018/2019 will be awesome!

There has been a legacy share holder who has had to sell down their position. I believe this has put a hand brake on the SP moving north. Looks like the seller may be clearing/stopped. Nice buy today. I await farm out news on PEL 030 by Tullow and hope to hear drill plans for H1 2018 Namibia and H22018/H1 2019 Guyana. True elephant hunting on both sides of the Atlantic. Exciting times.

as ever. I wouldn't be surprised to see the money come through quite late. Even if it doesn't GT seems to have the canny knack of always finding investors. One decent contract and we are off and running. ahmir, I tried to point out out doppleganger back in the spring, nasty piece of work as you have found out.