Member Info for Lobon

Hi wittering
I held sou from the early 8p days , and the tendrara discovery . Sold the majority at 89p then sold the rest about 74ish the day after the gherkin event . I felt the investor base had changed looking around the room people who had no idea about oil and gas and treating parsons like some kind of rockstar it was cringeworthy.
Incidentally I went out to tendrara to visit them actually drilling TE-8 it was a great experience.
Got some great footage of the drilling and me onsite . A great adventure and a great insight I’ll never forget.
Mate some lifelong friends but some lifelong enemies when I was telling all that would listen to sell at 50p+ , how right I was but never imagined the scale of the demise.
The fella that I went with had 2 million shares ,he knocked my door before Xmas trying to sell double glazing poor f****er

My 7p top ups last year close to double bag , certainly not selling. This should creep into the 30’s this year on expected news flow

reggie
us long termers have been stuck down at 6-8p all of 2020 , i'll take this all day long
and smashing the buy button all of last year , when you know , you know

not sure inferred anything , SP increase is nothing to do with SAVE promotion to investors i might add
i said ...is a new customer roadshow worthy ? its all conjecture , but i simply pointed to alternative newsflow thats also well overdue .
BTW i welcome any type of positive news flow here , even if AK's office has had a lick of paint ;-)

interzone
new customers are a given and expected , soon to be forgotten until intrim/annual results
however with niger a substantial world class asset ,virtually untouched for 2 years .any progress here with investment and getting back on the ground ,surely would warrant said fanfare .
saying that it could be neither

Niger forward plans are overdue and hopefully future financing hopefully. A new customer is not really roadshow worthy I’d thought

High teens 17-19p by early next week going into the twenties in February . Still lots of interest here , traders and investors alike .
Interesting to see if AK will outline his more detailed Niger plans for this year. As I’m sure he indicated that we would receive that by the end of 2020.

start of the next leg up after small retrace?

incidentally i have stopped buying shares in the summer and have grown a rather little collection of limited edition single malt whiskies . i don't drink the stuff but its very rare you can buy a bottle and the value goes down .
hopefully coupled with my investments here , i can get that place on lake garda/bardolino in the near future

depends on your timescales my friend , gone are the days i am chasing daily gains...glued to the market
not selling for the forsee-able therefore it will be important to me , as it will enable me to top my pension up when i fully retire at 55 (4 years ) . 10k a year in dividends is certainly not to be sniffed at

Wasn’t that hard based on the assets here , management and though a little bit trying at times I averaged down a number of times throughout 2020.
Finally in profit here but looking towards dividend income in 2021

remember people this was 28-35p on zero income , next year guidance is $200m which i think will be easily achieved and surpassed. but the cherry on the top will be the potential dividend , which will be a high yield at these prices

there was talk of $12.5m

this was just a matter of time that SAVE did this , pretty much into the high teens over the next month for me
i'm very long here fully loaded waiting for my dividend income rather than share growth which will come hand in hand .
incidentally i'm close to my average break even now , i wish all holders and the great posters here a great xmas

Ak did state in his last interview that they will announce their Niger plans before the end of the year

Watched that interview with different eyes .... he corrected himself when he talked about other assets and I believe that we will now see a farm out before year end in Niger as mentioned he drilling plans ,cash flow next year there and he is limited to what he can say .If farm out wasn’t in the offing it would hardly be so price sensitive and stated he is limited to what he can say.....Therefore in conclusion I believe we will shortly see farm out , to investor partners rather than an industry partner.

Proper investing old school mate . Seems the market and punters forget these values nowadays and chasing the short term buck. Likely way to loose the lot if you ask me .
Solid fundamentals always wins the day for me .
Have a great week my fellow investors

when did AK say they were going to announce their future plans for niger ?

Gambling when you are out of work, sounds sensible.

well done to the management here , certainly delivering on stated forecasts . incidentally the deal to divest their oil assets in turn for gas assets now appears very astute.... in which not many give much credit for, its certainly now a master stroke
anyways a very good set of results , happy to wait for the dividends and regular income