Member Info for kinkell

Thank you.

Could some kinde person provide coins to enter the Guild?

RR,

Anything more you can share about the cal,please??

RR,

cont

To which I should have added the compression project nearing completion which is expected to add significant volume to gas sales next year at bettter margins, not to mention the vast port complex being developed nearby, which you wrote about profusely a year or two back.

Lots to go for here in my view.

RR,

I am disappointed to read your latest comment:

We don't know all the facts so we don't know if earlier development in Nigerwould have been possible. I would suggest that it is not appropriate to compare to the Chinese who were previously established producers and who had also committed to the enormous investment in the pipeline thus overcoming the land locked problem.

AK has made reference to farming out Niger, which in view of the size of the opportunity the level of investment required and the quality of the acreage makes sense. It has been reported that the Chinese were interested in the adjoining licence but were rebuffed. We know that farmouts have been few and far between in recent times and always seem to take a long time. We also know from the Accugas negotiations that AK is no 'push -over' in such matters. An attractive farmout would transform the company and could happen at any time.

Most holders, including you, have expressed high hopes of the outcome of the court cases, albeit perhaps a year away.

Again most commentators regard the proposed acquistion of the Stubb Creek minority interest with approval.

As said previously we cannot properly assess the SS position until we see the final outcome and not much point in speculating at this stage.

Clearly there is progress with renewables and AK has publicly said that he expects IRRs of 40% - he is a 'numbers man so presumably a reliable guide and I imagine most will be well satisfied with such an outcome. Zen made a comment some time ago about the potential of this business.

Most people seem to expect further positive additions to add to the substantial business already in hand.

If you are a long term investor, as you have been so far, is there anything to be gained in offering your shares at what I would regard as a 'knock - down' price, especially as they are suspended. It cannot help after market sentiment. Are you sure that you are not in danger of throwing out the baby withe bathwater?

Best wishes, kinkell.

RR, excellent summary. Thank you.

Tier,

I think we need to cut AJK a lot of slack considering how difficult and delicat are the negotiations he s involved in. Given his substantial personal financial commitment, his outstanding abilities and his patent honesty, I have every confidence that he acts in the best interests of shareholders. I think we need to keep our heads down and let him get on with it - which is what he will no doubt do anyway!

Absolutely brilliant assessment, Streets of Gold and Wiselyinactive. - right on the money, imo. We just need to be patient and await the outcome, rather than passing premature judgement without knowing all of the details.

It seems most unlikely to me that a bid at 75p would be entertained.

Very interesting. Thanks Zen and Porsche. Can anyone recall the amount of Legacy debt attributable to Save?

I received 9 links before I got one to work. Had to use phone as couldn't get the laptop to work. Audio hopeless. Suggest they use zoom in future. Will there be a recording? Will they provide a script of Andrew's talk?

Agree its a good idea but regret that distance and years mean that unfortunately I am unable to attend.

I recall Andrew saying 40% IRR in an interview.

Do we know if the agm will be online?

Thank you TrustLie and Rocky for the additional information regarding the PCNL Accounts which certainly helps explain the delay - and assists my peace of mind and hopefullyt others too!

It seems unlikely to me that lack of government consent alone is the reason for continuing suspension but surely there must be a highdegree of confidence after this amount of delay that approval wll be forthcoming. It seems more likely it is points regarding the pipeline complication or detailed finacing terms are in focus. Reflecting on the Accugas transaction the long delay came to an end with very satisfactory terms following skilful negotiation. Lets hope for a repeat.

This imo is one of the best boards I have experienced where everyone tries to help everyone else. RockyRide makes a major contribution and it is much appreciated by almost everyone. I regret I am unable to pay you such a compliment.

Thanks RR. Much appreciated.

Apologies - I meant compressed gas

Is the CCgas not expected to command an ivreased price?