Member Info for matherdj

There’s been quite a few positive articles and info from the Congress videos. Also positive rns from aminex/APT/ARA.

It’s about mobilisation of the rig RTG107.

I’m pretty sure they would have specifically said the rig is part of that as it would be big news (the rns in general was anyway I know), but as bad as these guys are at PR, surely they wouldn’t have missed that opportunity.

Agree Perkins. I guess it depends how far they felt comfortable moving things on in the background before official licence agreement. I wonder if they were prepared to make any progress on the rig.

I don’t think he has a clue what he says from one day to another. Just verbal (or I guess literal) diarrhoea.

Give it a rest Tanz. Just enjoy what you believe lies ahead and stop poking.

Looks like it could be perfect timing zebbo. Let’s see what that offer is if things fall into place in time.

Thanks for sharing Robbie :) Hopefully December / early Jan drill is on track.

Been obscured by clouds for a couple of years this share but I can hear the delicate sound of thunder in the distance.

I say congrats bucks and if everyone stopped posting in a way that asks questions of him maybe he would have no need to post? Well done on your quick 100 percent. Far more successful than most have been so far and for much less stress :)

Having said that, they did have kn1 producing at that time.

I'd hope for more crusty considering the SP was at 2.7p the day before they hit target depth on NT2 which was targeting 70BCF 2C. They have a third at 25% after farmout, but found 11x the gas they were expecting then with 770BCF 2C and will be funded with 35M which will hopefully cover FFD alone, but plenty of income to fund if not by then and demand for gas is there. A lot of water under the bridge and obviously the markets don't work on logic a lot (most) of the time, but Aminex will be in a much stronger position than that 2.7p.

When I first started reading your analogy of doctors and medicines I thought it wasn’t an analogy, but your own personal story frank.

The BoD have proved they can deliver and with a 20000 bopd target, that averages at adding 4000 a year. Not bad if it can be achieved and no reason to say it can’t after this deal. I was toying with balancing some aminex over here last week so a bit gutted, but still have enough here not to be absolutely gutted. Looking forwards to a prosperous 2020 here. GLA

If the licence lands before the suspension ends it could be one hell of a bang.

The average PE is about 25x but thats not going to happen. https://www.investopedia.com/ask/answers/012015/what-average-pricetoearnings-ratio-oil-gas-drilling-sector.asp

Of course it’s included, I just don’t think it’s a major factor in the sudden increase and more that they expect to find other deals that will get there. This has been their first dig on their strategy of acquisitions and has proved fruitful and they expect more is my take. Don’t get me wrong as ntorya is massive for them and aminex.

I think they are just confident of making other similar deals to make it up myself, but an interesting thought.

Nice subtle ramp mr perkin ;)

If I’m thinking of the same post then it looked like they were joking to me. You having a ‘strong buy’ is quite similar :) if it opens at 10 pounds I think I might sell.