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"I cannot see how the Govt can agree a PPA for 10Mw until dewatering is completed, or the gas flows are sufficient to support 10Mw!"
They agreed a 2MW PPA so why not the 10? Makes no sense Brad. I'm sure we will have it before Lesedi is dewatering.
You just don't get it do you Brad. No one cares about you and Moagi and your ongoing slanging match. It's boring. If you kept him filtered as you've threatened to do countless times you wouldn't need to respond to him at all. You unfilter him because it suits you. It gives you a reason and a platform from which to launch into another diatribe about him and to regale us all with the minutiae of your life and on it goes ad infinitum. I think most on here cut you a lot of slack because of your medical conditions but as you like to remind us onstantly you're not a fool. So start treating people with some respect and refrain from all the off topic rubbish, all the self grandiosity and the constant tit for tat with the boards malignancy named Moagi. Please.
I think we've reached a new low today. Not in the shareprice but in the quality of the posting. Brad this paragraph I've singled out for special mention.
"I try my hardest to show why I believe what I do in the hope they can sort the wheat from the chaff.
This can make me look big headed, IQ of 151, beating the chess school master aged 13 or 14, programming a guided missile simulation etc etc etc and being a smart arse whilst shooting down the trolls."
When you have to resort to telling everyone how intelligent you are I think it's time to take a long hard look in the mirror!
I'm not just singling you out Brad, Moagi's constant posts about the internal politics of Botswana are ridiculous too. It smacks of grasping at straws to come up with something, anything to try and provide a negative slant but personally I find your posts more disruptive.
You belive (wrongly) that by posting constant irrelevant rubbish that you're keeping the tlou thread alive but all you're doing is stifling intelligent debate and filling the thread with trash that we have to wade through in the hope of finding something interesting actually about tlou and that isn't just sycophantic nonsense. Something that demonstrates that someone is actually using a brain rather than swallowing whatever they're told to swallow and then regurgitating it back onto here like a vomiting imbecile.
Another great news release today. Another box ticked. Good to see the grades will attract a premium.
Still here haven't sold a single share and would buy more if funds allowed. I'm genuinely really excited by JAN despite not posting very much lately. I suspect others feel the same. A sense of anticipation that we're on the cusp of something potentially life changing for those that have accumulated a decent holding. What price this time next year?! ;)
From the H1 '21 trading update
"Q2/21 Group working interest production averaged 2,937 boepd, yielding a H1/21 average of 2,730 boepd, ahead of H1 guidance of 2,300 to 2,500 boepd and in line with full-year guidance of between 2,500 and 2,700 boepd"
Since then we've added another 315 barrels per day with the latest well so that brings us to 3,045 boepd. Don't know why you're quoting old out of date figures Jono.
I don’t think anyone actually gives a **** Brad to be brutally honest, I know I don't. You've been posting about your IG account and your frequent trader status for what seems like years. If there ever was any interest from anyone it's long since passed.
fwiw I took the expression 'net net' to mean after the psc. Net would mean our 22% of the total, net net must surely mean after the psc. Unless someone can come up with another interpretation that makes any sense?
If you've emailed them and not received a reply then the implication is surely that they've found no evidence of anything untoward regarding selling.
Maybe you should have contacted them yourself then Levi as it's concerned you so much for the last 18 months and most people have ignored you?
With the way the natural gas price has risen over the last 18 months and looks set to continue to do so we might be better off holding onto Selva for a while...
Get ting it into production will make it more valuable anyway, if prices continue to rise through next year we could be starting production just as natural gas prices hit new all time highs. Selva has potential for expansion too...
Not saying we won't offload it at some point but I'd definitely get it into production first and have a look at expanding the resource first.
The volume likely has nothing to do with that. Volumes are down right across AIM for most shares and it happens every single year. Volume drifts off as the summer begins and comes back towards the end of August. Any decent investor or trader knows that.
Well done balanced, providing clear evidence of the duplicitous nature of 'Lords' posts. Notice how every post even the semi positive ones all inject at least one element of doubt. Same with Levi's posts. It's often blunt but sometimes as subtle as that and when it's 4 or 5 or more posters doing it continuously day in day out on both forums and twitter it must begin to sink into the psyche of the casual investor not on the look out for these kind of shenanigans and inject a degree of uncertainty. Just the other day we had posters voicing doubts and concerns over the well result. Today we had, as the genuine posters had thought, confirmation that yet again we've increased out production levels with the fifth successful drill result in a year. Of late they've tried to crank up the fear factor over Jamaica because everyone can see Egypt is outperforming. Come January (or sooner) we'll see who's right about Jamaica but so far this company has delivered and my bet is they'll continue to deliver.
Wow I must have really pricked your little bubble batch. I would put a 'lol' at the end of that sentence but I know it's childish... so I'll refrain.
I seem to have ruffled a few feathers. I didn't name anybody so if you've replied in the negative you obviously think the post applies to you, does that mean that you're small minded or just fearful that you're small minded?
Been caught with their pants down by this announcement I reckon!
Small minded people never get rich. Don't focus on the shareprice it isn't a valid indicator of either achievements or potential at the moment. Don't focus on the minutiae of every well or every little thing that 'could' go wrong, that is a losers mindset. Focus on the big picture, all successful entrepreneurs focus on the big picture. If you want to make a lot of money here focus on the big picture. Are they growing the business at pace, yes. Do they have the required experience to take this to mid cap, yes. Can they pull off deals , yes. Are they ambitious, yes. Can they think out of the box and innovate, yes. Those are the areas where any investor looking to make large gains should be focusing.
The shareprice isn't responding the way I was expecting the sheep bleat, I haven't made my 10, 20, 30% and I've been here a couple of years they cry. Well then you're getting a bloody fantastic bargain! Load up! This isn't the same as averaging down in a company losing money or burning through cash and continually coming back to the market to milk PI's. This company is growing and will continue to grow. Building a substantial holding makes complete sense in that scenario when the shareprice isn't yet responding. But no, the sheep with the losers mindset will continue to moan and groan and worry over every little detail. Then when the shareprice begins a powerful push phase and everyone is excited you'll hear them tell you they 'just topped up' 'couldn't resist at this (higher price)'. This is the nature of the retail investor, forever fearful unless they're in even the smallest amount of profit.
Everything they can see with their own eyes tells them this is undervalued but because the sharprice is not responding they're terrified. Don't be sheep, don't be scared to make outsized returns. Be patient and accumulate while the fire sale is on. Then sit back and congratulate yourself when the shareprice begins to reflect reality.
First off Greg Peck I didn't 'bring up zen' and I have absolutely no idea what you're talking about.
Secondly I am going along with the directors when it comes to Jamaica simply because I'm not arrogant enough to pretend to know more about the oil and gas industry.
You are questioning not only their rationale but even that there's any chance of getting a jv off the ground! That is why I have the right to ask what are your credentials.
I think you've also answered the question like someone earlier, you too have zero credentials when it comes to the oil and gas industry yet that doesn't stop you telling us day in and day out what the company should be doing and where they're going wrong.
As bebeto posted earlier, we know from more than one rns that various entities are as we speak doing due diligence on the Walton Morant basin but of course you know better than all those too.
Finally I welcome all opinions but when I hear opinions that make no sense I will question them and their motives.
So you have zero experience this is just a gut feeling based upon your notion that oil and gas has had it's day. Surely begs the question why you're invested in an oil and gas company doesn't it? Wouldn't you be better suited to some green energy company?
Levi I asked Greg Peck what qualified him over and above the directors. Since you interjected in a similarly negative way (very unlike you ;) I'll ask you the same question.
What qualifies you that we should believe that you know better than the directors of this company with their combined vast documented experience and many successes to date over a bulletin board poster that has shared consistently negative opinions for years?
This although slightly tongue in cheek is a genuine question. If you explain to me that you have experience above and beyond our directors combined efforts and can prove a track record as good as theirs then I will sit up and take note.
"Jamaica is just pie in the sky and a waste of resources"
Totally disagree with that. The directors of our company have vast combined experience running oil companies, creating and getting deals signed, looking after cash flow, mergers and acquisitions, etc.and they feel the exact opposite. What credentials do you have Greg Peck to support your claim?