Member Info for jacklevi

Kas You could well be right it will be interesting to see when Tendrara is off the books how the markets value the asset.

Kas Offer me 5pps for Sidi and i`d bite your hand off.

Kas The co. has said they intend to sell Sidi once the Tendrara sale goes through so at the moment no fund raise will be needed.

Ponks I`m fcuked if i`m going to allow the doom and gloom merchants to determine my thoughts i just wish everyone would stop quoting whats gone before who said what at some jollie. What ever happened in the past is not going to alter the situation we are in at the present time What ever the deal recommended i will accept and vote for it unless it includes the dreaded word contingency.

Orange I think you are certainly right whoever the buyer is it will have to demonstrate they have the ability to bring TE5 into production on a set time scale and fulfill all exploration targets set at the same time probably within the scope of a larger mid cap co. at the very least.

Shed Will you stop using the word Contingency every time i hear or see it my heart sinks.

Ponks From where were sat 50p would do me nicely but who knows? it will be what it will be and i will accept it and move on

ddboy like wise i bought in a few months ago but for me it`s a very one trick pony.Not one to hold to long.

Liketogas Thats a choice everyone has no more long term investments for me 12-18 month maximum.

Jez I will be content what ever the eventual offer recommended by the co. is for the simple reason that will represent the maximum the co can achieve.

TheChill IF we have interested parties i agree they have probably already done some of the ground work prior to any negotiations proper are entered into.

Jones all we can hope is Rothchilds are on top of their game.

Jones what you may have some validity if we knew when those negotiations started we don`t have a clue how far down the road we have gone in this process. I believe rightly or wrongly in the absence of facts that they were initiated some time ago.

Davey If you believe that the co. still has £11-12 million in the bank and i have no reason to doubt that we could have drilled TE11 at a cost of circa £4.5mllion we would still have sufficient funds to see us through to the end of the summer the reasons why we never even made preparation to beyond TE10 had nothing to do with funding.

sounder I`m convinced a deal will be struck by the end of the summer.

Shed Fully agree re- contingency payments the 3 well program was/is fully funded but i believe the decision to drill TE11 or not was taken for us and the co. have been aware of this for months.

SensibleGuy I think you are pissing in the wind at the moment until the finger pointing stops there is no point trying to have a reasoned debate on here let the pressure drop first.

big Nail on the head greed did play a part but seduction was right up there with it the way the co. was marketed AIM had never seen the like of it the Glitzy venues, FSCs ,Meetings in the Pub, Regional Jollies, Site Visits, The Use of Social Media etc. etc. If blame is to be leveled at him for this then he would have hold his hands up in this respect. But responsible for failed drills? i thought we had an experienced exploration team backed up bySCHL. if blame is to be attributed then it must there.

Can see where this is heading time for the dogs to take me for my afternoon walk.

Did someone just fart in church gone very quiet lol.