Member Info for MisterPositive

Next stop 10p..

MMs using wide spread to manipulate the Buy/sells...to grab some cheap shares.

They know where we headed...

Won't be surprised at all if Tullow buyout CLON for their extremely attractive Ghana acreage and then develop the oil field themselves.

Especially given Tullow's past operational success in recent years and their relationship with Ghana Govt.

Watch this space.

CLON looks Very Undervalued.

If Heron-1 is going to be sorted within 1-2 weeks, then great, otherwise I think they would quickly move Rig over to Gazelle-1 and resume Heron-1 later once permission is sorted.

Red Deer-1 is ticking along in the meantime.

Some very good posts from Professor and Bhargav.

I will take anything between 13p - 39p

12 months from now, it could be even higher and would be a juicy bonus.

coming.

Trump not ready for deal with China

Macd-91

Great posts...Sir.

Spot on...think MMs trying to accumulate for this so called 'Provincial' bully who missed out on cheap shares...hmm

Drop seems orchestrated...MMs won't get 300k or 400k shares from Private investors in one scoop ?

Defo, few 'Heavy' brown envelopes went missing in transit and were NOT received by these chaps at the other end.....LoL

According to the RNS, MATD have adhered to all their obligations. I would say it's unfair to blame MATD for this "out of nowhere" issue that clearly seems to have been engineered by this so called 'Provincial' Govt.!

The 'Tri-partite' agreement was supposed to have been in place between the 2 Central Govt agencies and The Provincial Govt......from what I can make out.

Besides, The Central (Federal) Govt. has far more superior authority over Provincial (regional) Govt. They gonna give this Provincial Govt a slap on the wrist...before delivering that Tri-partite agreement up their (Provincial govt) back side.

Clearly some one did not get their brown envelope....lol

Or it was bit light (sweet crude)...

Mike31,
I think that is generally the order we are expecting.

Red Deer Spud in coming week to happen first.

Jim,

My thought process is as follows:

* Red Deer will Spud as normal as it is a totally separate drilling rig and drilling company.

* Heron 1 being successful would mean bringing the Test rig in which is on standby. During that testing period , rig could move over to Gazelle-1 Spud before moving back to Heron-2 for follow up discovery wells.

Gazelle-1 also being successful would mean bringing Rig back for Gazelle-2 after it's done with Heron-2 and so on....

That way the rig in North Block XX is used more efficiently with no 'Idle time' in between.

Also the Testing rig can be swapped around between Heron and Gazelle.

Jeez......some hilarious posts of late.

Excellent summary.

Next 2 months will be very exciting.

Bought back in this week.

Excellent direct exposure to CAI which is now at a Tipping point.

Warrawoona JORC of 1.25m Ounces and growing as more drill results come in with drilling resumed in July.

NPV A$234 Million is "Huge" and expected to grow much further.

CAI Current Mcap A$61.4m ???

CAI is significantly Undervalued and should re-rate in a big way this year IMO.

Overhang of remaining 265m shares issued to KRS now and priced in. We will be the NEW shareholders in CAI and I'm not selling my CAI holding under 10cents.

CAI was close to 6c just over a year ago.

Manganese deposit will be a nice big Bonus for us as KRS shareholders.

Mike,

"Male gigolo".....would suit you just fine work wise......LoL

Russukarian

Very well said..4 stage rocket.

Each stage with its own booster...

And when the first rocket booster goes off, some won't be able to get on board...lol

tomorrow or Monday should set this up very nicely. We all know how fast this moves.