Member Info for NelsontheDog

Kitrash
I agree - it’s a shady and slippery place that pat finds itself in. However I believe that Mark is more than fully aware of this and will be along with his local partners, utilising the correct lobby groups and consultants in taking this forward.
Ps - as a general rule in Africa - pay everyone :)
Just for balance, we in U.K. are not whiter than white on some of this behaviour so I do not say the above from a lofty perspective.

Trump energy - lol
My grandad could fart a couple of lines of the national anthem - impressive - but he couldn’t see it as a future power source - respect to Putin - explains why he’s seen gripping the table edge - also explains why the others sit at the far end of a long table!

Following rns I realise I now have a Copl news flinch -
Moved to agreeing commercial terms? Vague and past experience of Art means I can’t bank that as positive. I mean surely this is approach, scope agreement and then commercial terms?
Approach? - “Hey Art, do you want to jv on your massive deep reserve?” Answer: “go on….”
Scope - “were interested in all of the frontier deep reserve” answer - “cool, cool, cool - you need to make this work for me…”
Commercial terms - so about 5 minutes to get here…
If he means they have agreement in principle and the terms are the secondary commercial terms of the contract great - but that isn’t what the rns says.

Meanwhile production is low and no guidance on forecast with subsequent cash requirements forecast also in defined - leaves us to get more fortnightly bond issuance.

I have to be honest, I think my flinch is justified!

Nice rise again brewing today - long term I still have faith in fundamentals despite oft mentioned fud attempts here. Short term,
There is a big gap on the chet to fill between 10.3 and 11.4 - I think we will end the week in that range even without news and optimistically close the gap at 11.4.
Some news on capacity reached or new deals can only aid the view though
NtD

Been here a while whilst board was kept alive by J Lewis having bought in double figs. I believe at 4p there are a lot of risk reward attractive options so bought a few more since the funding news . Even outside India the free ride is good, and with a backdrop that see gold rising it just seemed too good to not have a punt.
I am genuinely excited as to India - at this price any sliver of news will drive share price upside.
Gla
NtD

I originally invested here back pre Accustem split so been here a while and was looking to recover fairly sizeable losses. However the balance was still a significant number and given the discounts on shares that don’t have GC and his charabang of ineptitude attached, I’ve moved a fair amount to other shares that I think have potential.
Kept a bit here reflecting Foralumab potential but with this spike - time to maybe resize - GC and co are dodgy as f and at present some other bargains around - I would urge others who like me also hold for recovery to just have a think also - trust here an all time low.
Foralumab may work but what are the chances of us not being diluted out?

I disagree and as a holder hope I am right and you wrong - but my conviction isn’t 100%.
Strong increase in production - debt up as inventory sitting in stock due to timing of the result.
Overall, confirms cullinan back in production mode and plans to further expand and diamond prices remained at good levels.
Happy to concede if I have the market view wrong.
NtD

I think with the strategy of growth they are pursuing raises are part of life and in respect to microsalt the implication is that the ramp up far outstrips that forecasted even 2 months ago - if that ramp up doesn’t transpire then terrible planning.
Also whilst I am griping, as a shareholder hearing that our raise was heavily oversubscribed at a 15% discount really grinds my gears - smacks of the old boy advisers to ii investor type closeness that we really shouldn’t tolerate.
Still here, still invested but if microsalt numbers aren’t blowing the doors off I may sell into rises.
Trust is a precious thing and I am not feeling the love at present.

Agree Chain - 36-2 is a beast. Once tamed it’s going to give some interesting numbers - thanks for sharing the mail

Not great news but certainly not awful. For me, the worst part of the rns is the mention of gases…
Not going to pre-judge the findings which we will hopefully have soon, if they were finalising on 7th - anyone have a view of how long write up takes post end of test in a typical scenario?

Don’t normally comment on war - not here anyway but that comment by Zelensky does dangle a potential semi graceful climb down for Putin - withdraw from occupied Ukraine bar crimea and we will discuss some type of power share. It’s crumbs but could if wrapped up properly give a way out. Not optimistic though - Russia has put so much into this that handing back other Ukraine regions not easy.
Could always be a sleight of hand to make Russia assume crimea isn’t on the Ukraine offensive list and then - wham! Offensive on crimea front.
I just hope this war can be stopped and Ukraine remain - I have taken my loss here figuratively and will look to donate any profits that come via the war close to Ukraine rebuild charities. Probably is relevant to this board as I don’t think we will sell whilst war in progress

Thank you all posters today - great BB this - even where we are being subjective it is done in open and good spirit. Thank you to all for the experience and research being shared. Oiley is right - we don’t know anything but when has that ever stopped mankind from talking around it.
Patience appears to be all we need to do well here - so cheap at present. It’s not a rockstar share but then that’s part of the appeal and why the BB is so good.
GLA
NtD

Hi Chain
I hope you are right but the rns looked to me to be deliberately removing option of earlier ipdates. CH and team still have option to use Twitter to slide past key info - eg pic of tanker leaving site or “we are currently testing and producing - without flare in process, but that’s why I re-read - I think they know there is an impatience in this phase till production so they are going to communicate a bit tighter as a result - until they have a clear revised roadmap - which is after 36-2

In the last rns zphr we’re fairly clear in their intent to update on 36-2 after the test completed. On 20th March they stated test likely to take 4 to 6 weeks and that they had mobilised the test rig.
Assuming they started test around this date ( could be later) - the 4 week drop date is 17th April.
From the wording of the rns they haven’t offered a sneak preview on oil or gas mix.
I don’t feel any paradox production is priced in at all at present so if oil we could have a big re-rate in less than 2 weeks - genuinely exciting (in an armchair investor type of way).
Anything under 5 an absolute steal - 36-2 could be 2000bopd alone given other natural fracture wells flow rates and given prior update that implied the kick on the well had almost blown the rig right off the top - this well in and of itself could be huge.
Ignoring reserves Calc impact here is the if’s then:
If it’s oil and if the flow rate is 2000bopd and if oil price is $80 - revenue of $160k added…..per day!!
What price that - I think it should be 15p plus but I am a dyed in the wool cheerleader - derisk that and still 10p per share easy - an easy bag from here.
And if it isn’t all the ifs above - it’s just a longer wait, much of the jam will still remain in situ.
Zphr is the kind of share I feel comfortable tipping to friends at this price.
Exciting times in the armchair then for a couple of weeks!

Hi Chain
I’m optimistic ref 36-2 also. Hopefully find out soon

Bubble,
I think you are correct in that pipeline as the route to market is key.
For me, 3 news items that will start turn:
1. News on dominion pipeline and a plan to attach a well with timeline.
2. A contract for gas plant refurb with timeline for completion and connection of well(s).
3. News on 36-2 flow and if that is oil - if oil can start trucking much quicker without pipe.
For items 2 and 3 we may get news at same time very soon.
Interested to hear if others agree.

If this oil to production gig was easy, there wouldn’t be such an opportunity for gains.
I get the delay on planned drilling but 16-2 threw a spanner in the plan - better to reassess rather than rush imho - in my view in 5 years time the gas infrastructure deal will look to be genius level. But that isn’t why I like this bod/ company - for that I have 2 reasons:
1. We are cash positive due to non-operated assets
2. They are very succinct in their comms when they arrive - I really like that and should zphr be sold I will track their next ventures if they are public.
It takes most discoveries 5+ years to get to production - I can wait a year or so - heavy heavy gainz forecast here soon
NtD

Hi theeduke
I enjoy your posts - don’t be put off - wearing your heart on your sleeve isn’t a bad thing imho.
Our last spike was pretty much driven by your accumulation - this time I think we have other forces at play.
I look forward to celebrating gains on here with you, Nick, Ragnarr and many other posters - it feels like the crypto backdrop is on the up!
Good luck to all
NtD

Keep digging got real - I haven’t posted on here in a little while so pretty sure you aren’t replying to me.
Your post is typical of one of those armchair investors……lol

All the best
NtD

Thanks for sharing link. That is some very illustrious company to be in. Shows a great reputation (or a good friend in the right job). Reputation doesn’t necessarily get you anything, but being in a position to network with major cap c-level execs almost always does.
Remains a strong hold for me.