Member Info for NorthernMagic

Assume the next news will be when the production test begins. At least this major part is now completed and probably around a month before we get the production test results.

Atb,

Northern

10p would be excellent news. I suppose the key think being they will have learned a lot with this well and have got a positive result which will bode very well for the future and get the income flowing. 're 16-2 I seem to remember they are looking into that and at some point when they know how to resolve the issue associated with it that will be brought into production - then as you say there is the helium potential - so a number of things that could also add positively to the sp.

Hope all is well.

Atb,

Northern

Production test. Do people think 7p plus on a successful production test?

Sounds like exciting times ahead.

Atb,

Northern

Let's hope we move into calmer waters and it's full steam ahead.

Atb,

Northern

Hope so. Sounds like drilling so far was going well and hopefully that continues until the production test can get started then maybe the shares will get a re-rate? Will have to wait and see but not too long now.

Atb,

Northern

Wouldn't mind an RNS like that one 🙂

Atb,

Northern

Answer. I appreciate they will have an extended test to give an indication of sustainable production however my question is do people also think they will provide an initial production over a few days on a certain choke - just as a rough guideline before they proceed with the extended test?

Atb,

Northern

Yes and still waiting on that one lol

Atb,

Northern

No problem. I'll leave you guys to it. Got better things to do with my time.

However, as a shareholder in Amines for a long time now all I want to see is their success and in a relatively short timescale.

Wishing all of you all the best.

Bye.

Atb,

Northern

Needless uncertainty. Often resulting in a call in the sp.

Hopefully we get the RNS soon and can move on and get the sp heading North again.

Atb,

Northern

This leads to speculation and ne

Well I mention the delays for one. We seem to have had them for a number of years. Admittedly lots of positives this year with a number of good RNSs but they do appear to let themselves by making promises - the very soon being mentioned 're the Development Licence back in January! then saying the Licence had been granted yet not signed and no RNS issued.

This l

Fingers crossed elland,

It looks like a couple of our investments are getting quite exciting at the moment.

Onwards and upwards.

Atb,

Northern

Not so much a worrier but the Development Licence was promised very soon in an Aminex RNS on 10th January this year. I've been here for a long time and have seen the pattern of rises in the sp followed by lack of news resulting in the sp drifting down again. There are lots of positives this year - you only need to look at the RNSs all I've wanted for this company and have said it many, many times is for it to get all the things required to get the drilling started and operate as a normal oil and gas company. These things I am sure will happen but again based on past experience there will still be delays and this continues to be the case.

Atb,

Northern

Development licence presumably ARA will still be able to carry out work in the background so things will be moving forward.

It still seems a little odd that by all accounts the Development Licence has been granted but that there hasn't been a signing ceremony and no RNS yet. I'm assuming this will take place in the next few weeks?

The sp has had a great run in the past couple of weeks. Do people think this will continue, or will it need news to keep the momentum going?

Reason I ask is in the past without news the sp has drifted down - would be sad to see that happen especially since lots of things seem to be heading in the right direction.

Atb,

Northern

Some companies talk about certain events being transformational. I think if they succeed with this drill and have a good production test then this will be one of those events. Further if they can retain this drilling team and fit then repeat the process and grow. Hoping the next few months to really well. Increased production and revenue will increase/widen their options and allow them to grow more quickly.

First things first though.

Atb,

Northern

I am a lot more positive now and things are heading in the right direction. All I'm saying is I cannot predict the future - and it' all a matter of opinion but given past experience there have been delays. Will be happy this time if there aren't but people on here seem to think it's a given that we will have gas being produced by the middle of 2025 and all I'm saying is given past delays this might not be the case - like I say time will tell!! Here'e hoping for many more weeks like last week.

Atb,

Northern

Past delays is my concern - I'm a very long term holder. Maybe my concerns are totally unfounded and I sincerely hope they arebut time will tell. The development licence might not now be too big an issue but we are still awaiting the RNS.

It's the promise re first gas by the middle of 2025 - like I say time will tell.

Atb,

Northern

Stockcheque,

I admire your optimism and at least they have given a rough guide, so have given indication of hopefully where they are heading in terms of progress. My only concern is the obvious one that we continually get promises - e.g. the CPR, the Development Licence(soon was the word used quite some time ago) so I would be more than pleasantly met it those timelines are met. Time will tell and fingers crossed that this time the promise of the date matches reality.

Atb,

Northern

Thank you sharehead very much appreciated - should have realised that myself - we just need that development licence announced officially then hopefully we will get reports on progress as Ara moves things forward.

Atb,

Northern