Member Info for mcfcnige

We still have to wait but it should be worth it, this paragraph interesting .

Fingers crossed with Brent strong, the price conversion will be high?

The Term Sheet relates to the sale of Mako gas from start of production until 2037 for a total sales gas volume (100%) of c 293 Bcf with the potential to increase to c 392 Bcf. Gas sales will be priced against Brent oil.

Hopefully we can test the .40p area again

Hi SJ,

Funny you mention SAR, I was in that share around 10 yrs ago when it went from .30 to 5p in a few days.

Wouldn’t it be great if the same move happens here:-)

Some chunky trades today, not sure if they are buys or sells?

We will probably need some more news for the next leg up .

Or a podcast stating the new boards plans

Thanks Ed,

Hopefully we will be nearer there market cap in the weeks to come:-)

Hopefully we will hear from the company soon on there ambitions and what to expect going forward.

Thanks Nige

Hi Ed,

Can I ask a quick question please?

Why is the AET market cap so much higher than ours.

They are valued at £53 mill and both companies have assets in the same country?

Thanks Nige

Good post Ed,

Really hope we get more Angola projects.

Finance will be no problem either with our new wealthy Chairman running things.

Obtaining Finance is always a problem for small AIM companies, we are very lucky to have AK on board.

Anyone know what these unknown trades are?

£6mill market cap with minimal debt and multiple drills lined up.

I really don’t understand why it’s so cheap?

Good stuff Mike, a need rich period now would be impeccable timing:-)

Hi Mike,

Do you think we might be due some more news soon?

Where has the 7-10p figure come from ? :-)

It certainly would :-)

I think a run to the 1.20-1.40 area is certainly possible.

It might need some more news to get there.

Well done SJ, good average

Ed, is the lad to ask.

Not sure if he works on Sunday? :-) :-)

That needs to go on Twitter, hopefully someone can do a rough transcript

Hi Art,

The new chairman has a big stake,20% I think ,so that’s a big commitment in my view?

Very possible Aston, this is just one of the projects too.

We have the other Angola asset and whatever we have our eyes on in Brazil too.

What I found more interesting was they were sold because they want to concentrate with drilling onshore :-)