Member Info for ivans

saw this tweet. looks like OEX will get positive approval on its environment permit next few days. once we get this, we can start production

and we are funded for this production as its coming from existing wells !!

buy the dip imho.

i have added more.

https://twitter.com/PJasper1968/status/1490699368197931009

we have existing well which we will re-open and start production, thats the immediate news and no funding required!
derampers trying to spread news on placing. there are 2 new wells which we plan to drill later Q4 this year which will required funding and either from placing or JV (most likely JV), but that will be in Q4 !!

so, no immediate placing needed/

happy to buy some more down here!!

yes, the drilling just started. but we may get news update anytime soon on hydrogen and thar projects. in fact, we could also get news on the other gold project (the one they already drilled recently)

buy and happy to wait for herd to buy this at higher price later this month

looks like many are speculating we will get chinese JV soon.
can this rise ala EUA back then?

OEX should be in production in short period of time, soon after permit get its green light.
with gas price rising rapidly, our NAV should be multiple where we are now.

are we expecting funding to be finalised in Q2? before June?

many being ramped into buying TRP and GBP thinking our areas is very close. NO!

there are so many licence areas and TRP /GBP licence are located near the north side.

Shell discovery is on the southern side. its not neighbours and there are many licences in between.

yes, reality will emerge that its a good news to Namibia but doesnt mean people will start jumping to JV with our licence as our licence in different basin and far away from discovery by Shell.

the only thing to move sp now is the Cameroon news, which will take a while yet..

how come?

i am in both, was waiting for TRP to rerate first. somehow OEX is moving up first.

worst case, i can top up more in here later next week. thankiu MM for keeping price low for my buy :)

is it now that discovery by Shell is the same news as last month?

will sp drop back below 2p ?

we are to drill this quarter. this will bring momentum to share price. expect 0.15p this month

got the feeling 2022 is the year for EOG to multibag !

thanks to the short term seller. i added some more :)

no news tomorrow but might be next few days/early Feb
still got time for those looking to buy in ALBA, to start buying while mcap still only 14m

once we get permit, there will be many news/media coverage and expect that to hit 52wk high.

been watching the pattern and we know seller already finished. from this level, can easily bag or two. make sure you buy and hold the shares before the crowd noticed our tiny mcap !

i gave up with UOG, would have thought they can do better? but its not.
thats explain why sp always difficult to rise beyond 3p

even ANGS (which is to finalise takeover) and SENX (cash cow) are both have better share price potential than UOG unfortunately.

even EOG which only 10m mcap has attracted Evik Knieval to buy in !

what the target price here? i know the gas asset is massive, so is 1p achievable this year? or higher than that?

i got the feeling many traders sold today and bought into OEX instead as news coming n OEX next week imho.
might explain why GBP down and OEX up