Member Info for panman

Gap filling day?

Agreed, production rose again. Becoming a monthly occurrence now. If it takes them a month or two more to get to 1K I don't mind just keep them production no's rising and they'll get there imo.

To start a new thread with the same title if the thread has lots of argybargy on it else when the argumentative posts are removed every bodies posts disappear which can be well just darn well annoying with oft times useful info lost in cyberspace forever.

That's my view anyway. Feel free to start a new thread to disagree if you must.

May do the same TYB, presuming these new shares will be tightly held and at the end of the day they haven't gone the more expensive pay if you win finance route so had to fund somehow.

Could do with an RNS stating the initial $9M is in their bank acct soon imo.

Their options would seem almost endless should they be awarded anywhere near the cash we're expecting them to be.

Just talking out the top of my head they could farm into CEG's Areas OFF-3 and become an instant major if not super major.

Don't expect them to just highlighting exactly how big ZEN may end up thinking.

You'll need confirmation from others but believe he said in one of his interviews they'd raised the cash themselves in bits and bobs rather than use no win no fee.

Found it interesting in the RNS that you referred to that Andrea stated they were open to an amicable settlement. Perhaps his hard line now is to get the best possible settlement?

Notwithstanding WCAT still need to do a deal (or officially announce one if you like) but believe you're concerns re petronas screwing things up for them is incorrect.

S.Sudan are getting ready to announce who will be taking over their assets so seems Petronas suing S.Sudan and the potential deal with Savannah/WCAT are not going to be related..

"Addressing reporters at a press conference held in Juba on Tuesday, Petroleum Minister Puot Kang Chol said settling of Malaysian company’s debt would stop the default operation from happening.

“Now, in regard to shares of Petronas, we have made an arrangement with partners as to how we shall be paying the cash code on behalf of Petronas until the government of Sudan names officially the entity that shall take over from Petronas,” Chol said.

“That arrangement, we have done it, and we believe that it will not affect default operation or default export in any manner. That is number one.”

https://www.sudanspost.com/south-sudan-will-keep-repaying-its-share-of-petronas-official-says/

Well they could get the big deal you keep suggesting will never happen and you could end up eating crow or is that not what you mean?

If you mean they could not get a deal and our patience goes unrewarded think we all know that?

Interesting article thanks Borrow, there's another version with the oil Minister pictured and he's the same guy that's in the WCAT Oct tweet so good to see the continuity there and good to see how pally they are too imo.

https://www.radiotamazuj.org/en/news/article/south-sudan-to-start-producing-90000-bpd-on-wednesday

Been a long time coming for an update but unaudited cash of£2.7M's not a bad no.

Do think they'll need to update on events past last July with their no's if they want to be taken seriously by the market.

Should last them a while then. Two directors earning c.£43K between them/year with no additional fees, no pension allowances and no employees either.

Loss last year £250K. Fully approve of their frugality whist waiting on a play to come in just hope Petronas divests at speed.

Probably need a high acceptance of risk for this one. They are just out of being in a war zone.

Most interesting part I took from the news was...

"Additionally, we are in constructive discussions with Petronas to conclude its divestment process in South Sudan, ensuring a smooth transition and alignment with our strategic objectives."

I'm taking it that until Petronas fully divest SAVE/WCAT are in limbo as to making deals and that's why we're waiting for Feb for an update from SAVE?

Agreed Disruptor and yes PXEN bagging from here would be very welcome.

It is the New Year and with TTF and the co's business plans both looking strong may well be that a few post holiday bargain hunter pick up on this one.

I didn't Dug did. taking opportunity to knock that reform part too and ended with a personal insult aimed at me. You then joined in with your "pro Putin BS" comment even though I'd only spoken some truth about how Ukraine started.

If you don't want rows about Ukraine don't start them and esp don't join in on them as you did then complain.

No ones spouting pro Putin BS Rathunter just telling some truth about world events. Truth is important.

Are you one of those that denies the US started the orange revolution too ? and is that what you call pro Putin BS?

If so perhaps you should move to a board where you can mix with likeminded tools as you put it if thats your desire? Somewhere the truth can not hurt your feelings?

Nor yours Dug and I've noticed that as with all the "its all Putin's fault" mob you never have an answer to truth you use the false belief you're somehow more intelligent than others to live in denial.

Scourge of the middleclass's that attitude and the reason the West's weapons manufacturers and bought Governments do so well.

Nothing to do with Putin whatsoever. He was happily sat in Russia until the West started an orange revolution in Ukraine and all because they had a referendum and voted to trade with Russia not the EU.

What I don't get is how people forget the comments from the US ambassador admitting they did it and just follow the MSM and blame Russia now that is stupid imo.

Still at least it gave the the Biden family an excuse to launder billions upon billions of US tax dollars through Ukraine. Its an illwind as they say.

No point pitying them esp in the UK. First they said no to cheap UK gas from fracking , then they allowed their owned Gov to destroy N. Sea oil/gas investment and to make matter worse they voted in Kier and his Bolshevik Party.

You can't help stupid can only charge them top dollar.

Looking forward to the next update. Can they make the jump from 380oz's to the full 1000oz target and if not how close will they come?

Anything over 600 will get my approval but 1K as predicted would be better.

For a Tunisian play I prefer ZEN, they seem a few years ahead of SENX,

TTF showing over 50 again already. Happy days imo.