Member Info for mikemike

BCL

If this was just about MCPP, then i would be more than a little concerned about how SEPCO may act

With three large sale projects now at late stage i am not so concerned.

I imagine MED giving them an opening into the UK is probably getting them even more interested.

Dw has gone with CP BE of 40$be

so round up figures is 40 x 144,000,000 = $5,760,000

How much of this retained? or do we go into production. If retained then 5$ pb = $720,000,000 into 6.3billion shares

Bc

Sepco will not be dawdling along either. They know what they have to do and will get it done. They do not have to rely on third parties as it is internal issues for them.

With two of the leads upgraded to 'Discovery' and some more advanced to near 'Discovery' this is going to be more than 3$pb

The Icewine Conventional at 3$ pb will match the number of shares in issue, so close to 1$ per share

Then add in WINX, Yukon Gold and HRZ

Not to mention close to 73% of IW yet to be tested for Seismic. I wonder what, if any, stacked possibilities lie below the two key identified central play leads. Does Alpha sit in splendid isolation in the east?

looks like the bottom has been tested and buys are coming in on Nex

Asking a Company's Board about their responsibility and your responsibility as an investor is to go and ask the questions and if you cannot then write and get an answer not ask why others have not done what you have failed to do. So tell me about my investment here

How much, when , average etc

something else you know nothing about

Time you popped up on yet another board where you always time your entrance to buy low and sell high. a legend in your own lunch time

Your question was rude and got the answer you deserved

Tb

I am sure that ASX would like to know more

''I'm surprised no one asked which Board member will take responsibility for wiping out 70% of shareholder value in the last 6 months''

I would be more surprised if any one dumb enough to ask

Nothing to stop you asking

Olderwiser Tg have not publicly revealed the number. they opened them in public and accepted them in public

That does not mean they have approved them on basis of ''form and substance'' that then allows them to be tested.

I think it is an unknown at this time, unless RNS released by AIm listed companies

what we do not know is how many are unlisted as far as LSE goes, if any.

''This is to also prevent any legal challenge to a procurement contract following its award and subsequent execution.''

This prevents a legaleesed attempt at kidnapping the business once it shows profits. I am more than content with this belt and braces process. I see it as adding security to the business which will in itself be of value.

Conrad there is a pretty clear statement that Farmout is in before year end, that could mean tomorrow.

The increased MB figure with little data left to disclose is pretty much telling us that Tier 1 have got what they want and are probably applying their due diligence as the data appears. Not waiting to test the data later.

A farm out may wait until 21/12 but I very much doubt it

Equally suggesting Testicular fortitude to the gonad free is a waste of time and energy.

I think LC has covered the key points of concern and cannot say anymore. For those who do hold and want what is best they will understand this.

For those that are neither invested or have any thought for what it takes to get things done. In best of bulletin Board traditions.

go boil your head and do several

conrad it is only cynical if the update is false or exaggerated. I do not believe ASX would allow that

Nothing wrong with telling those who have been loyal by taking up the rights issue that it is very probably a good thing.. Possibly a hint that the options due November may be irresistible

Oddly enough the delay in MCPP probably draws in the dates for MCIPP and BIPP, more so for the latter now the Mozambique government has announced a funding programme

Those economies of scale may not so much overlap, as directly over lay.

Yes the spelling out of the appeal covering just 6 identified reasons does make it look compelling.

The AP must be wondering how they deal with this, as the original panel do look have stuffed up badly. Should the AP dismiss Churchill's appeal they will have to cover all 17 points. This in the knowledge that a Judicial Review will forensically examine all steps and evidence. Will such an examination pass such a test?

''Farm-out process continues as planned, with deal targeted prior to year-end 2018''

May not have to wait for Xmas!! Is it going to be a Halloween party? looks to be sooner rather than later

The suggestion is that there are not many stones left un-turned from current data. So it is a question of how long does it take a Tier 1 to review what is now known. I suspect they have been conducting their reviews in parallel to data release.

''Very interesting announcement. Quite apart from the huge uplift in prospectivity of IW conventional resources from 1.75 billion bbls up to 2.2 billion bbls - both on a net mean basis to 88E - there were two other points that stood out for me. Firstly, that as of 23 October, the company still expects a successful farm-out of the conventional play to be concluded this quarter! From this it appears to me that the interest from potential farminees must be genuine and it must be well advanced. Which is related to the other point that stood out for me. It is contained in the quote attributed to DW. The implication being that interest from majors would be partially towards to Torok as it was a) the source of the USGS recent upgrade in resource; b) still under-explored; and c) favourably located in terms of IW acreage.

Not only do we have a potentially large and valuable set of conventional assets, but potentially a unique one in that may provide for proven and established plays as well as new, emerging plays.

Meanwhile, planning for Winx#1 is well underway with road and pad construction commencing in a little over 2 months; and final seismic results around the YG historical discovery are expected prior to that.''

For my part I could not care less if DW goes for another placement on ''Tuesday'' adding another 400mb at a time at a cost of 7m£

Note two of the prospects are updated to 'discovery' I suspect that is why Dw is confident that his time line for year end farm out is still on.

Mizman my platform will not allow a short on kibo, does on other stocks.

This has nothing to do with Kibo.

this affects all IPP

I understand some getting upset and panicky but at the same time, some testicular fortitude would not go amiss

Gillie thanks for that update

I was under the impression that tancoal are supplying them at the moment. i have no idea if it is fully supplied or under supplied.

Indeed I should quit whilst ahead, I have no idea:)