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Lol.. so now T&T is flavour of the month..excuses excuses.

All very fluffy..but the sp is tanking and the market begs to differ.

The concern is the company has created uncertainty..the market does not like uncertainty.

Nothing exists until the gas is flowing. They need to flow these wells asap. There is nothing stopping them.

Very peculiar that they've not even started testing yet especially as they said they would inform shareholders of any delay if they hadn't started by the 16th October. If you had a major discovery on your hands wouldn't you want to flow the wells asap and prove you have commercial gas and lots of it?? Call me old fashioned...but why is PG's hiding behind a MOU?? Maybe they have problems and the MOU is a red herring?? This can be strung out for as long as they want..when the management don't do as they say, then shareholders should be concerned, imo.

I don't think these guys would have joined a tiny micro cap miner for nothing. They know what's coming and want to be a part of it so it must be big considering their backgrounds.

Today's appointments look top notch. Gives an indication of the plans the future here, imo.

Will already have results if so.

So they perforated the well on the 16th October??

This is all looking suspiciously like news next week.

Wishihadnt. Exactly mate.

Going to be a big boom at some point.

Guaranteed production for the next 25 years at 140mmcftd approx 50Bcft pa. or 1.25Tcf of gas over 25 years, at $4 per thousand cft. equates to about $4m per Bcft. So with 50Bcft pa. production, it's £200m pa. over 25 years, which is $5B revenue total. Take Aminex' 25% it's $50m pa. revenue over 25 years is $1.25Bn to Aminex. Current Mcap nearly $50m. So at full field production, revenue in the first year will be more than current Mcap. Somewhat undervalued I would say.

I agree a lot will need to change. This is what the new management intend to do. . The sp will take care of itself..but they need to inform the market about the new assets and the new strategy . I'm sure they will do that sooner rather than later, imo.

I wouldn't let the past be a guide to the future. It's water under the bridge. The Market looks backwards as that is all it can do. It cannot know what to expect and is at a disadvantage. For future guidance you need to look at what Van De Burgh and Jason Brewer have done and are doing at Marula Mining to get a feel of what's in store at Shuka and how they operate. It's different from the old Edenville, imo.

It will be official when the RNS drops.

With Van De Burgh the new Chairman, I'm sure he would like to announce his arrival with good news.

Yes but you must realise that an RNS is coming?

They already have two new mining assets as Van De Burgh has stated in his interview. The need to let shareholders know what these new mining assets are. One is in Zambia, the other possibly in Mozambique. Van De Burgh's appointment as Chairman needs to be confirmed. I want to hear his own commentary on his appointment and where the company is going, but I suspect there is a Board change going on with more appointments aswell as departures which will be announced at the same time., hopefully along with the new assets.

Should they not RNS this.