Member Info for mikemike

Cunning fox.

I makes sense not be at the PPA stage.

Yet. the author withdrew the PPA part for MCPP. strange that LC did not ensure they did this for BIPP.

Bromb I am suspecting there will be more strings and more bows before the year end is out. I suppose the only thing that surprised me is that this new deal was not in the Regenerate name.

I say that as BEX is not involved at all. Then again Regenerate may be for projects that are 100% owned. even if they are offered for Farm Out at a later date

Has got me thinking more about the process, we usually start at pre feasibility and local permits on the way to a PPA. Yet indications are that BIPP is already at PPA stage, so what did we miss or what is the next step working backwards.

Am I now involved in another:

ACB project where C is end result and B is the process most of which is treated as 'Stuff' that gets in the way and when threshed out leaves the bridges and other foundation requirements in place.

If so this process could seriously narrow down the timescale for such projects ongoing. In addition a preference for late stage development is an added advantage when compared to full and early stage MCPP.

I suspect we may see more rapid development of projects to completion as well as additional rapid development projects being added.

ACB it is!!

we have C6+

get to C7 and you have oil, so the progression is good

A bit of a read but suggests our timing may be spot on

https://seekingalpha.com/article/4183852-game-oil-prices-going-higher

''That’s because, where a power purchase agreement is already in place with a potential buyer, as it is in the case of Benga, the risk profile of the project is much lower.''

Not sure how accelerated the BIPP will be if the PPA is already in place

CF73.

that is more than a bit lazy

scroll down to post by laguna at 12:01

Posts are being deleted and add back in again at random. there are still big problems with this sites data feed.

Yes and one buy showing as a sell

Lots of strange wording that could mean anything

cd66 Do not worry about it

His posts have been reported for libel and dishonesty

AIM4

yes quite right thank you for the correction

Smiffy

you asked a question regarding REM. i could have told you DYOR Instead I gave you a full answer and this response is the best you can do?.. You remain as ignorant as they day you were in the band of the robbing hood.

As for funding.

You have not researched where we are with regards to the sOA, so I did it for you. Yet you still choose to remain ignorant.

You have not researched the Options due in Q4 this year. Instead you choose to remain ignorant.

I will leave you to remain ignorant in the igloo

Smiffy

then you should sell hang on, wait a minute, you have nothing to sell and probably never will have if your last post goes to supporting your inaction.

You got a response re REM, did it mean anything to you.?

In that response was a musing re finance, did that not mean anything either?

Bromb and the news along wit de risking gets better and better.

They were near wiped out by consecutive dusters, one on my manor. they went into voluntary suspension to constricts costs whilst waiting to work with former partners OTTO. that their SP has risen is not a surprise considering it went into meltdown

REM have $10m.. they are on a technical suspension due to inactivity. This will soon be reversed following this news.

For learning to invest

''I have seen concern on financing

1/ We still have the SOA rebate due which may come in sooner rather than later as SOA has passed the Bond bill. add $2m US plus depending on hair cut

2/ The conventional farm out will be announced for the two western block drills. that will de risk with extra cash in the bank. ad $$??

3/ Success of 2/ above will probably ensue that the options due in Q4 will be converted. Add $1mUS

4/ Other options may get converted early like last time..... why not if the SP is attractive enough $$??

I do not see the finances being too tight at this time. Yet, the possibility of a CR can never be discounted.''

1/ Kibo House keeping done non core energy business now 100% in katoro under Kibo control

2/ World bank finance in place

3/ SEPCO Lot 2 agreed

Has Tanesco 40 brains per day come to a final PPA

I did try to paste OW post very early UK time but the site prevented my posts going through. There was no conspiracy of silence just a break down. Oddly i could see others posts come up with response but could not add any of my own.

Spinefx posted this which hints at a slight delay but that is what is expected when you are managing pressures 11,000 ft away from the action zone.

''AmberGambler, welcome, great to read your thoughts.

The reason I believe we got an early RNS is that Dave is attempting to manage expectation.

They think they need to recover at least 30% of the frac fluid, they are not half way there yet.

If the artifical lift began on the 15/6 that leaves in excess of 1700 barrels of frac fluid to still be removed in the next 3-7days. That equates to somewhere between 245-570 barrels a day, not happening at the current flow rate. At the current flow rate it will take somewhere between 2 weeks and a month to remove.

I was puzzling over the calculator yesterday after a couple of beers and thought best email Dave to clear up my concerns, he replied "Likely will take longer than the initial estimate".

Based on that, I believe the 10-14 day window has moved out.

Cheers happy Sunday''

https://hotcopper.com.au/threads/ann-operations-update.4262757/page-168?post_id=33908520#.Wy_HP6czbIU

not been functioning for me since last night.