Member Info for Joeman1

The 1080382 was mine and it was a buy.... represents a boy 70% of my modest overall stake in this company.... as I believe we will have positive news and share price movement starting this week (here's to hoping)....

Whats the basis for thinking there will be news this week Steven?

Just interested.... I know there could be lots of things announced as Colin hinted there were so many positive things he wanted to tell us but couldnt...... but not sure I recall a timescale for any of it....

I agree Scully, the current export line limits the export capacity to around a 1/3 of the projected fully developed rate (feel free to correct me on the actual ratio). Although this is still significant and when operating at capacity will be enough to generate enough cashflow to fully develop the field (albeit over a longer timeframe). Investors will only pay the top dollar if they can get a return over the timeframes suggested in the development plan... otherwise they will demand more for their investment.....
Although Colin says the the IPPC permit is not important anymore, I really fail to see how this can be true..... Anyone think INA will stump up for a second transfer line to increase the capacity? Im not convinced.....

On a positive side, i'm hopeful that the permit will be issued this time. If not I think I might be leaving at a significant loss....

Where does the podcast recently, where Colin suggested the SR was "more than halfway" to completion? I'm thinking that time line means we should have an output by now. ... at least an RNS to identify the reason for it not being completed yet!

The kid is back in town......
(anyone have more interesting information about what we expect next week?)

In4ced - I think sxx was more meaning they buy the mines licences as a going concern and develop that themselves... would make sense as they would benefit from having control of the mine as well as the massive capital gain in the shares they hold in Kodal when fresh investors flood in to a company that would then be sufficiently funded to develop (without further dilution) their gold and other mineral plays elsewhere. ....... if I was the Kodal board though, i'd hold onto control and develop the asset as planned....... more return across the board .... just a little longer to realise it..... only my opinion .....

Probably finance the plant via equity.... then they win 4 ways. ... interest on loan. .... cap on guaranteed lithium supply.... capital gains from SP increase and a cut on the profits.....

Ascent stated in a recent communication that the submittion of the response to the last set of ARSO clarifications was to be handed in at the end of the month.. (June) but nearer the time the end of last week was specificed as the date they would submit these.....

seems clear to me..... although I had hoped that they would be submitted sooner.....

Dont you mean septic peg?

Thanks H5O

Any idea when in July we can expect to hear production figures from Q2? May memory is Colin just said as quickly as they could get them out. .... but that doesn't tell us much....

Im sure last year's agm (or the year before) was video'd so there is a precedent. ... I also would like to watch a video of the proceedings......

Actually Gary... in that circumstance they would call an EGM specifically to approve new share issue. .... not going to happen though

Is the agm over? Nobody reporting? Was it filmed again like last time..... ?

Only 4million sold.... what market are you talking about? Your local fleamarket?

RagG it was January last year... they issued a statement regarding shareprice movement specifically to state that the social media speculation was unfounded. ... im assuming that is what is being referred to...

I'm also a little fed up.... but the AGM is an official forum so information can be given without prior RNS..... also.... if any questions need answering they can be raised under AOB..... answers then officially recorded. ... 6 days until we find out the answers imo

I was under the impression that the 3d seismic mapping was carried out or at least kicked off when Enquest was involved.... ...... anyway .... my point was... its not an unreasonable suggestion that once the IPPC is in place that a mid-level or even larger O&G company could be interested. .... the fact that one bailed earlier on in the project isnt important....... in fact the chew that this IPPC has been over the years would tend to support bailing out early as a good strategy..... just to come back in once the paperwork is done

For Gracing..... replace with Fracking

I'm pretty sure Enquest sold out here at the same time other o&g majors were backing out of their interests in European Gracing when it became apparent that the tree huggers were going to manage to thwart any meaningful projects...... I invested in here because I believed the history of producing from this area in the past would mean it would get approved here..... if the IPPC gets awarded I believe that would be a signal that could easily see a company (like Enquest) deciding that they could fully develop this. ..... RTN.... the reasons for them leaving in the first place could be the reason this suddenly becomes more attractive in 2018 imo..... of course imo this would require the IPPC. ... but lets see what emphasis the strategic review puts on this....