Member Info for Loz786

Didn't expect much from 102, but all good on the 103 front.

TLP-103



The Company has also received a notification from its specialist transport contractor, Ocean Transport, who are responsible for delivering the rig, SMP 102, from Port Gentil in Gabon to the Tilapia site, that the transport vessel, the Kota Bakat, on which the rig is to be loaded, is late in arriving and is now due to arrive in Port Gentil on 4 July. The Company will provide further updates in due course.

David Sefton Executive Chairman of AAOG said, "We are very pleased that the workover of TLP-102 continues to be successful, and in particular that, when brought into production, it will make a material contribution to the financial position of the Company. In respect of TLP-103, the late arrival of the Kota Bakat is frustrating, but the shipping is still imminent, and I look forward to providing a full update on the mobilisation process and schedule once the transport arrives in Port Gentil."

Fantastic!!
Exactly the update that was needed 👍
Lovely🤗

*find them..

I posted twice today but unable the following be em..

Agree mate. It's the lack of patience which costs PI's IMHO. I expect buyers tricking in above 2 pounds, so not much downside here. Yes, we are probably looking at 4 months wait before appraisal (assuming October), so expect investors to take their positions couple of months before the drill itself. I am happy with my current average just under 2 pounds and genuinely wouldn't care if we visit those levels again, as i am here for the spud atleast :-)

Time to accumulate while it's quiet...

I know... Been invested since last Sept and told myself, come what may, i am here for spud. Frustrated with placing which goes without saying but hoping the next RNS can finally get the ball moving...

One step at a time. Let's focus on snow leopard which is in July, once we got confirmation of this drill then it's a goer and market will react accordingly. This is an email from Ed yesterday, "The company reconfirmed that all was in place for the spud of the first well in July 2018 in the most recent release as of last Wednesday. " Holding patiently..

Fundraiser - how many times will you repeat yourself today? i know you want in but jeeez...

Ok, thanks for your input (sigh)

Fund - you aint invested, so if you didn't expect price to rise between now and spud, you wouldn't be here?

Your money, your choice. Drilling next month, so downside is limited at current levels IMHO.

Agree, oil is not going anywhere, buy and hold.. simples.

I believe on the podcast they mentioned August, but knowing Aaog it'll be most likely mid August at the earliest IMHO. Two months in the grand scheme of things us not a long wait but personally expected Licence confirmation by now.. that would be good for the sentiment here too. Hold for now and rewards are here to be had but patience required.

Grewber - I didn't spot that, so we'll done on picking that up. I was hoping end of August but now seems October to me... just a longer hold but not going anywhere.

If farmin happens then great if not then we have had the effect on the share price, as expected already. Either way, we should look forward to the upcoming drill with the share price acting accordingly. Drilling next month and funded for the 6 Wells that coming with PM in the next 12 months, which is one drill every 2 months :-)

If they won't be a rise then why are individuals still looking for a entry price? hmm, go figure. We are told drilling in July and that's not really a long wait, so peeps need to decide if they want it or not? each to their own. If it weren't for the placing, would have expected price to be 20p easily but now I still think 17p plus, only time will tell! I had intention to wait till spud when I initially invested 9 months ago and that remains. Buying now, with 6 Wells fully funded to be drilled within a year, that is something individuals need to look and not just one drill.

Agree mate, It's happened now but it has given a further cushion with additional two drills albeit next year... that's 6 drills fully funded now, doubt there are may Aim companies with upcoming drills fully funded for in the space of say 9 months or so. Just want to focus on the drill now..

Of course you do Bishand, that's not a surprise.. If one gives advice to others then one should surely take that advice himself.. that's all I am saying!

Guess we won't hear from you till another few months then.