Member Info for Jamesthesecond

Herbert is too busy washing GL sins. The current management has nothing to offer other than collecting money for lenders and their wages. All the rest is cheap talk to keep them milking this for their personal benefits. Laundry is the business!!

Are the quarterly production numbers due from the company shortly?

The current SP is under pressure from a constant seller and under the cloud of GL past shenanigans. However, current gas price warrants a much higher share price from here. We should double up soon.

We have now received a proposal for financing of NJOM-3 via a farm-out of a minority position, from a substantial upstream company with existing production. We are in discussions with this party about the details of their proposal, however we can say that, provided discussions conclude positively, this proposal should provide sufficient funds to drill the NJOM-3 well.

We are not formally seeking to farm out our license interest in Namibia, as we consider it somewhat premature given the current stage of work. However, we have received unsolicited interest in the license and are sharing data with parties who wish to discuss it with us even at this early stage.

In South Africa, as we noted in our Annual Report dated 31 May 2024, the Company and the operator, New Age Energy Algoa (Pty) Ltd ("NewAge"), have been in discussions for some time now with a potential partner for our Algoa Gamtoos license. The farm-out process, which has been underway for some time, has been seeking financing at least for the current phase of 3D seismic data acquisition over our 1.4 billion barrel deep-water slope and floor fan leads, and some repayment of back costs. This has now reached the stage where draft documents are being prepared.

Rollover trades happen within seconds of each other and are of identical amounts!!!

If you want to spin a yarn, get some knowledge first

Somebody bought and sold 48 million shares for an hour or so.

Slave 2trade-- Spreading false information again!!

News will come through this month as accounts are due. Its another matter that the director's report may contain only regurgitated BS. One can hope for something tangible and positive.

Sebo-Financials are due this month and we will certainly have RNS. What the BOD say in report is another matter.

His Lordship is changing his tune about finance. That equipment dumped in Cameroon will be a part of liquidation stock and probably go to JA coffers! Who knows. There is not even a remote chance of any JV in Namibia and this has been repeatedly confirmed by your master ,JA. As far SA is concerned, keep dreaming. A very Small chance that someone may pick a $5 million bill for a 3d survey . Any small change if they provide, will barely pay for tea/coffee .

What happened to your extensive research provided by JA to you personally. Have the talks with multiple parties come to an end?

RK tech- very sensible reply. Agree with Sebo too- Need a

Kever just reflects the incompetence of JA.

Excellent summary rktech

That is load of nonsense. On average most investors here are sitting on 90% losses , thanks to the JA information stream. When it comes to $$$, he has failed consistently over many years. Even after consolidation, the level of confetti is unprecedented. One should stop looking at this with rose tinted glasses. Our assets are not being exploited because of incompetence and negligence of JA. losses are so huge its not worth crystallising.

Regardless, its accounts this month and we will get a BS update across all assets. RNS is assured as annual report comes through.

No $$$ for SA 3D survey.Talks to date , if any, yield 0.

No $$$ for Namibia licence renewal. No updated regurgitated report yet while JA is talking to himself.

No $$$ for Thali to commence drilling operations. Talks with multiple parties ,to date , have yielded 0.

Plenty of confetti to date with a lot more assured ,compliments of JA.

Could not agree more. meanwhile Kever is spamming to mislead investors sitting on 90% plus losses. Only $$$ will sort this and those talks never come to anything.

Not a buyer in sight confirming the confidence in JA and his paid stooges

Another day of 10 bagger share price performance!!! No news is BAD news.

Casper- Good analysis but you are ignoring Further CONFETTI. The risk is not finding $$$ for the drilling. JA track record is not inspiring. One can hope something positive materialises soon as its overdue.

You can buy as many as you like under the ASK. Unbelievable you start the day with porkies

Kever. Whats your latest BS update on your post of 18.08

From extensive enquiries today I expect big news by the end of AUG.

1) This will include TRP selling up to 40% of its Cameroon subsiduary to 1 or 2 partners

2) A definite rig slot and time of spud

3) A small placing to make up any shortfall or a bank loan

Exciting times ahead