Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Excitement is building, lots of equipment seems to have arrived today.
200 meters of Perforation could start next week and a few days later oil tap will be turned on.
Very much looking forward to see what a 200m perf can get kimmeridge flowing.
1000bopd will send share price to new highs.
Vonk stated 2 more wells at Brockham can be used as kimmeridge producer quickly once first well flows at commercial rates.
https://twitter.com/adamthornton121/status/1070705441343188993?s=21
https://twitter.com/adamthornton121/status/1070706340102881280?s=21
Site is very busy.
https://twitter.com/adamthornton121/status/1070705681609711616?s=21
There has been no oil strike on Aim in 2018.
So AAOG has a chance to shine before Xmas.
So in the next 8-10 days we would have gone through R1/R2 and Mengo zones.
First zone to be hit this a Friday then Next Tuesday we hit Mengo sands.
R1/R2 has a 90% Chance of success
Mengo sands has a 69% Chance if success
So in next 10 days we could see share price of 18p-20p if both zones are a success.
Friday we go through first oil zone. No issues.
https://twitter.com/jones1996a/status/1069935759245918208?s=21
Agree, not many shares available. This will remove up fast.
Double figure share price coming up.
90% chance of success on first zone (R1/R2
60% chance if success on second zone ( Mengo)
A very good chance that share price will at do at least a 100% rise from here in my very honest opinion.
Good luck all
First zone R1/R2 should be hit by mid week.
90% COS is as good as it gets.
12p-15p incoming
Than a few days after we hit 2nd zone, Mengo has a 60% COS and I think share price will be 18p-20p on success.
In my opinion we will be drilling into R1/R2 by Tues/Wed this week.
These are my share price targets in December if drill is successful.
R1/R2 —— 13p-15p
Mengo ——18p-22p
Djeno ——- 40p-60p
Vandji —— £1+
Thank you for your email and we will try and clarify this in responding to questions that people have sent by email.
The authority being sought is a general one to issue shares - which have a nominal value of 5p - whether in a placing or pursuant to a facility, but there is no current active placing or facility being proposed and no price being proposed at which such a placing or facility would be offered. As and when the company looks to offer shares in a placing or enter into a facility, pricing would be offered then. We are not far from reaching the first target horizons on TLP-103C and I expect that the results of this will be material to any such offer. Note that we are seeking the authority now as there is a notice period of 14 days which needs to elapse and with the holiday period looming, it seemed prudent to the board to put an authority to allot shares in place ahead of time.
Kind regards,
David Sefton
Executive Chairman
David Sefton has learnt his lesson and no more death spiral CLN’s
Placing will be at a lot higher share price after R1/R2 and Mengo results.
Sounds good to me.
No let’s bring on the oil next week.
By end of play as peeps will want in before first oil zone is reached early next week.
Back to double figure share price next week IMO.
Early next week.
Share price was at 12p before the delay due to break pads needing change and CLN causing sentiments to weaken.
But we are now fully back on track.
Expect sp to be back to 10p-12p range then onto 15p on R1/R2 oil strike with a 90% chance of success.
Mengo oil zone then will follow a few days after with a 60% chance if success. 20p share price target is fair IMO.
Djeno oil strike and 40p-60p IMO (25% COS)
We will get update at each zone, so from next week it’s going to get very exciting indeed.
First zone should be hit early next week and with a 90% chance of success.
People will not want to be out over the weekend.
the weekend.
So I am going expecting a rush to buy in tomorrow because first oil zone will be hit early next week.
If we break 8p today in my opinion
Uptrend in play
https://twitter.com/belcourtoi/status/1067769390492524544?s=21
Time scale for each target zone.
Going to be a very exciting December
Djeno comes in then we can look forward to share price of 60p
Vanji could be mega.