Member Info for mikemike

The mms are going to squeeze this for all its worth and shorters will be choking the life out of it. Only news re fundamentals will stem the tide before it turns.

jax do not worry it will just fuel your unhappy clapping energy levels. You may get down to the figure you wish for, keep clapping

Dobbin ur welcome

enthusiast like me are hoping for between 5/7$pb, as we are off the bottom of the market and futures are where the pricing is at not spot prices.

Armstrong got 3$ pb at the bottom of the market

Jax then i hope you get what you wish for

Jax what makes you think that the market does not know about the debt/no debt position?

jax

''by close of play your investment will be worth less and soon worthless imo.''

Do you not mean OUR or are you not invested after all and you are just trolling?

On the subject of coal, if as is believed an SOE is going to provide coal, then it is clear that Coal is not the issue for the TZ this looks like a political decision. Does reinforce the understanding of what 'In country risk' can be all about.

Guzzler, I see significant growth in assets to moire than compensate the cash raises.

Maybe Dw was under the impression that for a guy of your age the mortgage would have been down to two shillings and sixpence

Drax

so the staff you remove for non performance are either not going to be replaced or they are going to be replaced by people who will work for nothing?

''There's no money it's all spent on wages and a project that doesn't fit in with TZs development strategy. ''

1/ Can you provide an example where any company does not have obligations to wages?

2/ Can you tell us what the '' TZ development strategy is''? I ask as I would like to know about the 'fit'

Thanks

Guzzler

DW has for some of us already delivered an increase in the sP. For others the opportunity to trade and increase their holdings with no new capital at risk. Some will have missed that with some rainbow chasing.

I see a significant increase in opportunity with increased acerage in highly prospective zones.

I still see HRZ as a unique opportunity even if it is more delayed than any of us would like. I am certainly not writing off the source rock for the huge Conventional reserves that the source rock has already produced at Prudoe and other oil fields on the NS. I will hold judgement until the farm out process for the HRZ has been concluded, however long that takes.

I do not comment much here, as it seems to me the only meaningful talking will be in the FO and WINX results for now.

Mickey good to see you as well hope the farm is coming along nicely and just to get 'em going I am still down for the 1£ party:))

Monty

Quality research shows that BE is closer to 40$ take a look at COP for this verification they are on the NS producing Conventional oil.

The rest of your post is about cross promotion and as such will be ignored.

Aerial,

I agree I saw that article a while back but could not find it again I was just saying LC must be aware of this and will have worked to ensure no rinse and repeat. that has not gone so well!!

Sonic if you had taken on board what you said you would not have lost any money. i am quite happy at this time with my averaged down position thanks.

Why would tanesco not wish to charge transmission fees for a grid they cannot hope to fill? they are already criticized for industry making off grid arrangements for power depriving Tanesco of badly needed income.

The reasons you post I think are you trying to justify your sale position much as my reasons are to justify a hold with a lower average, nothing complicated.

Follwer

I suspect LC will be discussing those possibilities with our partners and will want to now how much Tanesco will charge for transmission.

Perhaps another reason why we need to wait for LC to advise us.

Aerial

ty for that reminder. i am sure LC will have reviewed this as part of our tender in order not to make the same mistakes.... i hope

Sonic

what I find laughable is that after so many 1: 1 disappointments with LC you remained invested!. If I had shared the same experience and felt the same way I would not be posting here I would have been long gone.

As for ''brave face'' that is because I have averaged down, modestly and now a lot more comfortable . You chose to see, your money your choice, maybe you will buy back at your chart low point.

Selling down parts of projects can be high accretive no harm there.

I may try to average down some more by end of month if the sp is here or lower.

I would also be surprised if I am the only 'stale bull'' doing that. As I said earlier just hope it is not a falling knife I am trying to catch

Sonic

''An issue from my view is that investors have backed KIBO with almost a blind faith so far. There has always been a total lack of detail given but that was weighed against the possibility of if the end result is forthcoming, then it will have been worth it.''

I disagree, some of us, perhaps even most, do not and never have relied on 'blind faith' why would we? LC out of the blue moved into energy for the reason given, he then diversified into multi projects in the energy sector. Some were dismayed wanting the MCPP to be done and dusted before advancing. LC made the correct decision to get it done, just as well!!

''After allowing the company to treat shareholders with scant regard in the main.'' Not responding to each and every bed wetter can be seen by them as scant regard. Yet he was available for you January 30th, you were not there.

Yes the sp has come down from a higher figure than 7p. Unlike you instead of selling out, I have just lowered my average with modest top ups. I do wonder if i am trying to catch a falling knife or being sensible, time will tell.

IF lC wanted to place, why has he not already done so. Today the price would be harmful for such a placing and your charts tell us it could be worse.

It is not unusual for a CEO not to telegraph financial arrangements something to do with insider dealing etc etc.

I am content to wait it out. IF MCIPp does not show any, even the smallest signs of progress by end of Q1 I will have to re think my relaxed laid back attitude

bcl be nice it it was ALL true:)