Member Info for highlandmatt

We are in need of folk not selling 200k shares.

True Gamflin. Coho $500k per month. Royston @1000bopd = $1 - 1.2m a month.

Merry Christmas everyone. I have a feeling that the new year will a prosperous one. PB has given us a present, to be unwrapped end of January. Onwards and upwards.

So, PB now guiding $40k /day net profit for 1000bopd. Royston 2 wells plus legacy should mean 3500bopb by April. That's $140k/day, $4.2m /month. Plus Coho = $4.7m. 3months after that, Cascadura online. Add another $3m per month. Just keep accumulating. Can't believe we keep getting these opportunities.

Allows us to accelerate follow up drills at Royston. Maybe couldn't have done that with gas.

Hi All, I'm at my in-laws for Christmas, so not not around as much. Saw the RNS this morning, thought good news. Checked in later, SP down. WTF?! 1000bopd should be possible from Royston1. @$30 netbacks that's $30k/day or $900k/month. Let's call it $10m per annum. £7.5m. That's just put £75m or 30+p on the mcap. Another well to spud end of Jan. Same result and we are looking at 2,000bopd from Royston in a few months (April?). $1.8m a month. The wall of cash just got closer! Casca gas plus Royston oil should see profits of $70m per annum prorata in 2022. Mcap should be £500m+ (£2.50). I'll be topping up when funds allow Absolute bargain.

It's not Christmas yet...there's still time. If Royston test 3 comes in stonking, then all bets are off as to how much it will rise that day. 50% up might be possible.

As PB says, we are at the start of the journey, with more in front of us than behind.

Seems quite positive.

Anyone know where they might find one of those at short notice? Hmm?

Interview on 7th, 2 weeks timescale given. 5 days down, 9 to go.
Fingers crossed. Good luck all LTHs.

I see DM presented at a recent conference. Does anyone know if anything was said that is newer than the November presentations? Cheers

I watched the recording, and thought it straightforward. This is the new strategy to get a sustainable profitable company. You are either onboard with that or not.

Sorry, $30m. Question remains.

Agree there is potential for a sale announcement at any time, but the gas price in Tanzania tends to be fixed and not determined by global spot prices. What is your £30m ($40m) figure based on?

It would be unusual to have precise income and expenditure detailed at a Q&A. These are detailed in the accounts released by RNS. CEOs usually talk in broad terms, and I want them focused on strategy, not the FD/CFO job.

Anyone attend this and got a summary, please?

Reddit

Earl, I'm pleased you are positive on this, but please stop posting the same thing repeatedly. It makes you look either silly or desperate.

Crunching some numbers on a 2 month test. 1000bopd @$20 netback = $20k/day. Times 60days = $1.2m earned. Not bad at all. At $25 = $1.5m. At 2000bopd as has been suggested, double these numbers. No wonder Paul looks happy!