Member Info for JohnHenry

unfortunately thats his own quote, has done it a few times before on other oilers. Tries to big himself up BUT NEVER QUOTES A SOURCE,

At least try and learn to spell.

RMP are the leverage play. Market is valuing WINX around 25M giving RMP a MKT cap of 25M and 88E MKT cap 75M

so if good news on WINX and the MKT values at say 100M RMP MKT will go too 100M and 88E will go too 150M

RMP quadruples 88E doubles.

WINX worth 250M RMP 10 Bags 88E 4 BAGS

WINKworth 500M RMP 20 Bags 88e 7 1/3 bags

followed by a 750k sell 1M sell 500k sell

Basically traders that anticipated a bounce from a clearing of CL stock are selling as the bounced didnt happen. Traders now selling into a market that has no buyers hence the collapse.

here now is Licence renewal, will they get it and on what terms. Remember this is Africa.

Definitely the poorest performer of the companies involved. even PANR has performed better.

Seal, in the form of shale, interpreted above both the target Nanushuk sequences

Taken from presentation

if there water in 5 there certainly next to chance of oil being in 4

Tiburn the Nanushuk is a non starter, Ok they have the deeper TOROK which was the least likely to be commercial out of the 3 targets.

TIburn what do you know about water and oil . ???? Oil sits above water so the fact that youve got water in the Nanushuk would suggest theres a lot of oil in the Nanushuk zones.

and the Naanushuk seal Degsy ?????

Tiburn big negative is water bearing top layer. If theres water in the top layer there pretty much zero chance of there being oil underneath.

Because this is all RMP have

2,000,000 more sells than buys today

SNPC debt to AAOG is racking up all the time, they will owe AAOG 44% of the costs in getting 103 into production.

CPR will give further evidence for booked reserves and give AAOG the ability to go to the debt market for funding.

Although only a piece of paper its a very very important piece of paper.

Imho Further payments will come from SNPC to get 103 into production.

AAOG still dont have the license renewal.

I think they will announce an RNS but it will be a further delay. Market pricing that in imho.

Could quite easily be shorts closing ????

peeps hoping for a spud and drill run, selling. If they had done any research that doesnt happen in todays market.