Member Info for NigelHaemoglobin

To TMH obviously.

That the credulous do believe in RNS's is a gift to sceptics tmh and I thank evolution for that.

No concerns about the last two somewhat 'testing' RNS releases? No? Jolly good and thank you...

Yes but that is your purpose! To shoulder the financial risk, can you not see this?

It was all in the probability maths. Maybe there will be a bounce tomorrow but if still interested in this form of gambling maybe hold off for a while?

72% discount is a world class rogering!

Could the reason be ability?

The great leader could possibly explain the situation regarding the pipeline however he is a minion in terms of Rabat and the regulator so we shall have to wait.

No one wants a repeat of the Sand War.

James, Rabat pay for the gas, it would make no sense to do a deal with Shell to terminate the contract early until field(s) are developed (one for Jimmy) and able to continuously supply gas at very significant rates of flow.

This is why the relentless delays are an important factor: it's a lengthy process without any regulatory or decision making problems.

Euro, it's very difficult to extract the exact details of the now Southerly flowing Maghreb Europe Pipeline deal but I am working on the assumption that Rabat is locked in for another ten years. Cannot really blame them, the geopolitics are quite toxic and a conflict over Western Sahara is possible.

You see, the ONHYM understand perfectly well that it takes years from discovery through field development to first gas.

Oz, if it is obfuscation that you crave need you look further than the company's own drivel?

RedMonkey you are in the minority group having applied intelligence to this somewhat chaotic scenario.

In all that time PRD could have invested in 3D which not only augments accuracy in the CPR but is hugely relevant to possible compartmentalisation.

Fair point but there are ten years left on the Shell Southbound gas supply contract via the MEG.

Your company needs to get it's act together, would you be happy for a third testing failure or fighting for an EGM? Make some changes!

Wasn't being rude to you Sam, but the percentage of mini E and P investors who have tried to make a bomb in two or three years then lost the lot is huge.

Personally prefer partly or fully appraised fields awaiting development, obviously fixable engineering problems manipulated into negative sentiment and the occasional dip into a super major concurrent to commodity cycles.

Either way ten to fifteen years are useful numbers, helping to develop patience.

My JSE position is performing well, a rare opportunity to see a paper return in the short term but I'm holding for dividend reinstatement or buy out.

Invest in jurisdictions where they are not squeamish about fossil fuels. The watermelons are having their day here in the UK: seemingly uncaring about the damage caused by processing Lithium or the dreadful mining conditions endured by children.

Then they plug in over a windless night and top up their vile EV's with French nuclear power and/or European coal based thermal power!

I would wager that some of this gas will end up in Morocco.

Actively bonkers by the sound of it.

No of course not, how is that possible? All I have offered is rational speculation.

If 36 months (estimate only) is too long for you refrain immediately from equity based investments, clearly unsuitable for you.

12-18 months to complete drilling, testing and design the CNG compression, storage and loading facility.

12 months for licensing, environmental approval and installation of CNG facilities hopefully concurrent to installation, commissioning and permitting of recipient clients.

Six months contingency for the realpolitik of MENA ops and the proven methodology of the great leader.

That is 30-36 months to revenue which is frankly down to Africa Gas.

Just my own rough calcs for your enjoyment. Incidentally my best investment took ten years to grow to the point of monetisation!

All I can add is Sand has little or no reading comprehension ability. Moving on, I assume The Mail mean the 'AIM Sewer' and not 'AIMS Markets'.

https://www.dailymail.co.uk/news/article-12880681/jobseeker-lose-race-sex-discrimination-white-men.html

Am I mistaken or did the great leader aspire to join said sewer?

They need to get cracking, extensions cannot go on forever and sooner or later OHYM will intervene. Btw if I'm not mistaken the ground rent is $100/acre/p.a so the recent relinquishment looks sensible.

At last, a rational critic although Jimmy is great.

This board is fairly representative of the populace.

Never seen a more clear case of Stockholm Syndrome, would you all be supportive of three or four testing fails?

Bizarre to be honest.

Has to be a consideration surely but you would have to organise. It would not be lo-cost but I would sub the whole regulatory, logistics and 'in-drilling' geology out to a prime company, fire Lonny and expand the board to offer guidance, wisdom and an overview to the great leader.

There is still money in the bank to raise the game.