Member Info for npwharf

Seems to have helped the SP turn blue, so no complaints for me. Looking forward to some asset news.

Thanks for the update where. With Menzies onboard and JPs experience in Indonesia, my money would still be on an onshore asset in that country but interesting to see they�re considering shallow water too. Need to see where Pertamina assets are.

Journey here hasn't even begun and we've already got our first troll. Everything lining up nicely. Hoping for an asset RNS this week.

Nice timing Profitseeker. Not sure if this is moving based on the buys, or simply being dragged up because it's part of the holy trinity (after Echo news today). Either way, happy for SP to keep ticking back up to my break even point with no spikes.

With Menzies onboard and their cash balance, they were never going to hang around. Looking forward to seeing the asset.

Guess a lot of people got in on the 4.38 placing, so not buying in market plus SOU shareholders / NOVUM selling out will hold back the SP. Once the the first deal is announced this will take off, I'm confident.

Other bit of interest from the twitter guy.... It�s trading below its placing price and represents a great value trade/opportunity. Now the reason it�s below its placing price is due to Novum selling out. That�s a fact confirmed to me yesterday. Novum closed their MM desk two weeks ago and post-Beaufort scandal have liquidated stock that they�re heavily invested in.

For what they're worth, latest thoughts from BMD Coro are totally debt free, all cashed up; ready to rock and roll with a plethora of news and deal flow coming in from Indonesia. This will start to move their SP. May take some time to gain traction but up it is going. Set a target some-where between 6p-10p

Has this started trading today, can't find a live price anywhere ?

Trading statement says they won't hit previous guidance. AIM very unforgiving.

Can�t believe SP down after that very positive RNS. Funny old game AIM. As news from the drill programme comes in this year and production heads over 2000 bopd the rerate will have to come. It�s just a waiting game.

Zippy, you can't average across 2P and 3P because of the underlying probabilities that sit beneath those numbers. There is a 50% likelihood that the 2P figure will be equal or more than the figure stated, whereas there is a 10% likelihood that the 3P figure will be equal or more than the figure stated. As you move from contingent to proved, probable and possible the gas net worth increases - hence the focus on 2P and the 944% increase. 426 BCF is a large number in 3P. As an example the UK using circa 2.5 to 3 TCF a year.

2P is up 944%, so people just rounding up to 1000% as easier to remember. Not sure I understand your point. Agree with you though that is you have patience this price is a fantastic entry point.

Unlike your namesake, that post really wasn't Gold.

My guess would be market is waiting for news on a potential offtake / RFP re submission. Approx 0.5 TCF (3P) is fantastic, with much more to come, but a method of commercialising it will help drive the SP. My concern has never been the offtake / RFP - given the huge demand across the SAPP, it'll come, just a question of time. Biggest risk for me was that the gas wasn't there, but yesterday's RNS put paid to that.

Last reserve upgrade in Feb 17 delivered a 44% increase in 2P and 390% increase in 3P. Since then TLOU have had the mining license awarded, delivered the 250 km seismic across the Lesedi and Mamba, drilled two new core-holes in Lesedi which TG stated on Vox "intersected gassy coals" , drilled the first core-hole in Mamba and delivered their first gas-to-power generation as proof of concept. No one knows what SRK will conclude, but I'm hoping for a sizable upgrade across both reserves and resources.

Bythesea - I disagree, following the current trend in society towards a victim mentality and never being responsible for your actions - I personally blame Tidd for everything that has happened this week. Additionally, I'm sure Tidd fired the shot from the grassy knoll, topped Lord Lucan's nanny, was in the underpass in Paris as Dianna drove through and has Shergar in his freezer at home. I'll post my bank details on here soon so Tidd can transfer some cash to compensate me for this weeks SP performance.

Ditto. I'm gutted.

Definitely one day closer Mark !

Pickwick - if you sit tight here, your year is going to get far happier still !