Member Info for NorthernMagic

Get news this week - hopefully the first of many updates in the months to come.

Atb,

Northern

Producing better and more predictable results can this now be considered as it being the start of the development of the Beetaloo.

If so then presumably the values of companies and hence their sps should start to increase. Maybe though as always the difficult question is increase how much and by when?

Atb,

Northern

Yes,

I think those snapshots show that I thought There would be better progress at various times based on the outlook the. As progress has slowed so has my expectations but as they have told us there will be a lot of news flow over the next few months I was thinking 6.5-7p seems realistic by Christmas.

Atb,

Northern

Got to agree with that I think it's the only way they are going to accelerate development. As and when it comes is another question hopefully in the next six months.

Atb,

Northern

Share price has been around 3p but do people think the sp can achieve 6.5p - 7p by the end of the year?

Atb,

Northern

From testing it would be a real trigger to push the price much higher. I'm starting to wonder what will really move the sp for this company.

Maybe POQ will have some answers next week.

Atb,

Northern

Thanks elland,

Hope all is well, at least we seem to be slowly getting there.

Atb,

Northern

Please remind me when we are due to start producing from the 36-2 well. Is it the third or fourth quarter this year?

Atb,

Northern

Thanks MrMarmalade,

Much appreciated. Main take away - Open for business.

Other than that and them wanting to test the stacked plays nothing new that we didn't already know unless I missed something.

Atb,

Northern

For the Twitter post, except to use it to say where the company and gas industry is in Tanzania and that it is paying the ground for more promotional updates on X as the pipeline and project as it progresses.

All good.

Atb,

Northern

Thank you.

Atb,

Northern

I seem to have missed this message which some people seem to be saying is quite important/significant.

Could someone confirm what the tweet said please?

Atb,

Northern

Thanks for the reply newtofo,

The feeling I get from your reply is such a farm down could have an effect but it will depend on any terms of a deal and will have a lesser affect on Falcon.

Having said that it sounds like it could have many benefits, so should prove a help in increasing valuation.

Thanks for explaining.

Atb,

Northern

For Zephyr based on a recent report on the Paradox.

Just wished the market would reflect this in the sp!

Atb,

Northern

Could I just ask about the logic behind this statement. Is it thought that with a farm down based on recent result Tamboran will get a new and higher acreage price and/or a faster development of the Beetaloo?

I'm just trying to understand how the farm down will trigger a much higher sp.

Atb,

Northern

Same here I don't want to see them keep promising things and then not deliver. Production and a JOV partner to me would be good and by then we will know about the CPR and hopefully lots of other things too.

Atb,

Northern

Great to know they now have an agreement in place to see gas from a few of their wells and it sounds like a decent length of contract. Sign of things to come. I hope again this news provides more momentum for the sp.

Atb,

Northern

The news flow has dried up 😂😂😂

Hopefully news next week, I can't see them issuing an RNS on a Friday.

Atb,

Northern

Fingers crossed for an RNS tomorrow. They seem to like Thursdays for some reason.

Atb,

Northern

The moment - what would be really great would be a positive RNS to keep things moving in the next 7-10 days or so. I think once we get news of the pipeline and rig tender info then reality will dawn and it will bring more investors in.

All imho.

Atb,

Northern