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Going to be a large BOOM here..I can feel it.

Try this link to twitter instead.

https://twitter.com/ZaksTradersCafe/status/1715284474064216406

nice interview with *****on about shuka minerals and marula mining.

https://zakstraderscafe.com/interview-*****on-van-der-burgh-founder-ceo-q-global-commodities/7924/

Yeah crazy what they are doing to the price.. Middle East is about to have a war and oil is going to $200 a barrel and alternative supplies are going to be needed pronto and Borders has 460MM barrels ready to rock, miles away from any trouble and in the middle of doing a deal. Seems like a good bet to me. Last year the Ukraine war pushed BOR up to 8p..go figure why it's down here other than the MM's don't want anyone buying as they haven't got any shares. Next few days are going to be interesting re oil price. Bet this time next week it's $100+

CHAR valued at £160m. AEX should be 4p on that valuation.

At least AEX is real with an asset and $35m cash carry to revenue on an asset that can double in size at the stroke of an RNS. All within this next few weeks. To peer companies it's grossly undervalued.

What a time to buy..just before news of GSA and development licence then NT2 test and rig news... not to mention 3D seismic results.

Can't see the point of looking for an FPSO to redeploy if they're not actually going to bag one. All the effort involved time and cost, especially while they're supposed to be in the middle of farmout discussions, it would be a distraction and waste of time.

Https://www.offshore-mag.com/field-development/article/14282393/industry-turns-to-fpu-redeployments-to-shorten-cycle-times

Example of FPSO contract for redeployment. BOR looking for something like this.

https://www.energyvoice.com/oilandgas/north-sea/rigs-vessels/538141/north-sea-fpso-voyageur-spirit-baleine-altera-infrastructure-eni-cote-divoire/#:~:text=Altera%20Infrastructure%20announced%20a%20contract,located%20offshore%20C%C3%B4te%20d'Ivoire.

Will be a big whoosh if they say they've found an FPSO for Darwin...which I presume is the reason for their statement they are looking at available vessels and want to take advantage of redeploying one to the project. Need the finance to do that though..so it must be possible, otherwise it's all just wishful thinking on BOR's part.. Surely not!

What excitement?? Nothings happened yet to get excited about. Plenty of time for that though in the next few weeks, months and next year. It's time to take your positions before the train leaves the station.

Sometimes you get so used to negative news that you miss the positive..Where BOR is concerned it's understandable. FPSO discussions around availability and redeployment is quite positive for the project imo.

The SCIR deal would not have completed if ARA thought there were going to be further hold ups. imo.

Completion of the SCIR deal is a signal that news should flow now.

Cperkin, I expect gas will start at 20mmcft per day and build to 60-80mmcft per day with NT1 & NT2 and CH-1. At $4 per thousand cft, that's about $320k per day with £80k per day for 25%. After another 4-5 wells, it will get to 140mmcft per day, so £560k per day and $140k per day for 25%. It will take time for SCIR to receive the bulk of the cash. With AEX the dribble turns into a flow and keeps on going for 25 years along with the reserve upgrade for the full field, so the value to AEX is off the scale compared to the current Mcap. The same would have been for SCIR if they hadn't done this dumb deal. imo.

Cperkin, Yes thankyou. I read that wrong. It does seem though that the main chunk of money $8m via revenue share is only going to dribble in as and when..cautious here with the way management act.

50bcf is an annual production of 136mmcft gas per day...so to get to that level of gas produced is probably a couple of years away.

They've only received $2.5m today. The rest of the money won't be for at least another 18 months as the field has to produce 50bcf before payout to SCIR. Bit pf perspective here needed.

Cperkin. I'm just being conservative...but yes 8tcf..and SCIR shareholders have been robbed. Totally mis manged here. Expect more of the same and any cash to be wasted on salaries and green ESG nonsense, which everyone is now pulling out of.