Member Info for myfirstmillion

Booby I don't care what everyone else does, that's what you fail to see. I'll put it how I want to put it and no one can argue that it's incorrect it just doesn't conform to stock market conventions. If you have trouble understanding it in that form that's not my concern. It don't change where it's going ie. one tenth and twenty five hundredths of a penny this month. Watch and learn. Didn't you sell out of this some time back at a big loss?

First of all gam2 you need to direct your question to a person otherwise you could be talking to me or the dipstick and confusion and chaos could ensue. Secondly, are you talking about the disputed use of the decimal or why I think it's going to 0.00125 because it isn't clear from your post...

With you Brad I'd say quite likely lol get a grip man! :)

I'm using the decimal in the conventional sense ie. as if we were talking about pounds and pence, not the stock market (non)sense of after the penny. It is therefore in exactly the right place dipstick!

It's based upon my reading and understanding of the chart which is usually pretty spot on lol. Tell me it was optimistic at the end of this month ;)

0.00125 ( or better) coming this month. Mark my words people! The rerate part 2 is a coming!

Not enough gas! What are you smoking bucklefern!??? We've got trillions of cubic feet of it man! FFS What is wrong with people here? TG has sold two companies for 1 and 4 billion dollars and is on record as saying this is potentially better than both of those! We know they have the reserves (independently verified), we know the BG are on side (if slow, aren't all governments?) and we know that there is a severe power shortage across the whole of Southern Africa. We also know that CBM is flowing at Lesedi and that CBM takes months to build up it's flow rate as water is pumped out of the system. Everything has been signposted for peeps to make their fortunes! The old saying you can take a horse to water... springs to mind. Take this gift horse opportunity or leave it. It's up to every individual but I'm loading up. We'll probably touch 4p at least intraday, which is an amazing final opportunity to get these before the ship sets sail and don't look back. Get on or wave goodbye. I'll be getting rich either way coz I can read all the signs of a winning stock and I take full advantage. I know I'd be devastated if I ignored all those signs and watched it take off as I know it's gonna do in Q4. PADYOR.

That's the thing, the demand is most definitely there amongst all the Southern African Power Pool nations. They can buy whatever we can produce. People say well why doesn't TG just sell to those then and not worry about the BG but for starters TG wouldn't have known that the tender would have to be resubmitted causing a long delay and the wider point is that you're operating in Botswana so you have to keep the BG onside when you're gonna need environmental permissions, mining permissions, government approvals and such like going forward. Once we have a PPA with the BG and are hooked upto the grid via Serowe then we can really start to exploit the huge reserves we have. You don't build a billion dollar company in a pioneering industry in a developing country overnight! It's takes time but we're getting close now to the tipping point where profits are roughly just one year away now. Once we get off the mark I'm sure TG will want to leverage our first mover advantage rapidly! Accumulate while the price is ridiculously cheap is my strategy because once we get commercial gas flow confirmation, PPA and development funding we will not be at 4p that's for sure!!! PADYOR.

Brad you talk about @dvfn being 'a kids playground' but you're the one posting there! I haven't posted there in ages because nothing much is going on atm with TLOU and I don't use bb's as diaries. Telling me you ticked me and then unticked me, is that not childish? You come across as someone seeking constant attention and then throw in a large dollop of 'poor me' for sympathy. Everyone has troubles but most of us just get on with it! This is the problem with posting personal **** you end up with personal exchanges. Stick to the company and we'd all be better off.

Sonic you're the ********. My post had nothing to do with compassion and not should it have. This is a financial bulletin board plain and simple. I made a valid point about Brad bringing Donkey's unwelcome thoughts and opinions over here when so many have filtered the **** on @dvfn. They've done that for a good reason because they don't want to hear his incessant deramping of TLOU. Five people 'liked' my post so I assume they agree with me.

Brad I see you're back to giving us daily updates of your life, well a few others seem to enjoy your ramblings so I won't criticize any further. If it gets too much for me I will unfortunately have to filter you. What I do have a real problem with is with you quoting ****e from the other side from that first class mug donkey, a known serial deramper and hater of anything TG does. Many (including me) have filtered him because he talks so much **** day in day out. So the last thing we want over here is you regurgitating his filtered **** from over there! If you want to converse with him and let him bait you that's fine but do it on the other site where we don't have to hear his crap any more please.

It's taking a breather, next week watch it fly

Cheers Scott. An interesting read, it's clear the process to get the gas flowing at higher rates takes time. These initial rates were clearly just that. From that report;

"During the dewatering phase, water production is relatively constant and gas production is negligible."

Scott how did you come up with these projections? Are they a guess or do you have knowledge of the likely increase in flow rates for CBM lateral wells?

"Imo both pods are now at around 25 mcfd and will continue to add around +20 mcfd minimum and prob much more per month until peak is reached."

That did make me laugh applegarth! To be honest it wasn't even intended as a ramp. I genuinely hold those views. I've done pretty good in the markets over the years and I like to think there's a bit more to that than blind luck, in fact I know there is. I know some regard chart reading as akin
to reading tea leaves, all I say to them and you is watch and learn ;)

Thanks Badger I listened to that conference call and it confirmed everything I thought. Think this is truly a transformational deal for UOG...

Found this from a few years back... company talking about just the Lesedi field:-

“But we believe this field has more than enough gas for 300 megawatts of power production, and that’s something we expect to be working on from 2017 onwards. In addition, the partners we’re talking to now are all very interested in being part of that larger-scale financing as it progresses.”

I think Zak Mir called this absolutely right the other day when he labelled it 'chart of the year' it really is a thing of beauty. The strongest looking chart I've seen in many a year. There will be pullback OR consolidation points of course (with charts this strong a consolidation is more likely at the moment than a significant pullback) but the daily and weekly trend is VERY strong. I see the next possible resistance as the 200 DMA @ 0.00125 which is also a price action resistance point on the chart for added confluence but ultimately when we get the 50/200 DMA golden cross in a week or two I'd expect (given the aggressive angle of trajectory) a 4 to 7 fold increase again from that point. So what are we looking at? 0.00125 by the end of next week and within the next few months we'll be much much higher again. This isn't going parabolic it's going hyperbolic. Hold on to those winning tickets people you just hit the jackpot!

That will come when they announce commercial flow rates I'd imagine

LR stated way back (before all the new news that's been talked about) that he would 'consider' selling for £70 million so divide that by the number of shares in issue and you get 0.0058445354 so over half a penny should be anyone's target price FOR STARTERS! With all the aforementioned news to come would he really be happy to give it away at the same price? Of course not! It's not rocket science. Institutions don't get involved for beer money. Hold tight and they have to raise it. I'm holding 75 million and I'm not selling a single share at these stupid prices. DYOR!