Member Info for Persiantrader

We are still waiting for news on Kenya Parliament approval and also Gas sales agreement, both decisions could happen any day. Anyone know how much extra revenue/profit the Gas agreement would be worth?

Https://lumiagmukstreams.s3.eu-west-2.amazonaws.com/Archive+2023/TullowOil..mp4

this was the investor presentation a few months ago, its really good. tons of good questions at the end.

huge spike in profits in 2024 and 2025.

Is Kenya decision in August or September? this will be massive.

Keith Hill Africa Oil CEO said “learned a little lesson in Kenya… about how difficult it is these days under the current ESG environment to build and finance big onshore assets.”

The company recently pulled out of two blocks in the South Lokichar Basin alongside TotalEnergies, leaving majority stakeholder Tullow as the sole operator. Tullow is currently searching for a strategic partner.

“The biggest thing was our pipeline — the Ugandans and Total decided to go through Tanzania [with the East Africa Crude Oil Pipeline]. When they made that decision that really challenged our project economically,” said Hill. The second issue was Tullow’s search for a strategic partner, Hill said. “We got very down the road, but the process is taking too long,” he said. Tullow is in advanced discussions with Indian state-owned companies to farm into the project, which Hill still expects to go ahead.

https://naija247news.com/2023/07/25/africa-oil-to-shift-away-from-exploration-towards-offshore-producing-assets/

If this gets approved for production as stated by the Media in the next few weeks, then we really do own a $30+ billion asset. how will the SP react ? our profit will be over $1billion a year ? and our Debt will be Zero?

NOC stands to earn $8 billion at the current rate of $80 a barrel and they only have 22.5% !! we own the rest.

it's just incredible.... our sp should rise back to 2012 prices after all these years of waiting.

this isn't some random drill we are doing, we already found the oil, its ready to pump, just need the pipes and infrastructure.

... is it finally about to happen ?

Anton in your opinion what is the 77.5% Asset worth ? maybe tullow could clear its debt selling a large stake ?

Https://www.metrobankonline.co.uk/investor-relations/

scroll down to Investor updates and sign up.

Date: Tuesday 1 August - 9:30AM (UK time)

should be better than expected results. looking forward to it.

For those wishing to dial-in:

From the UK dial: 0800 358 1035

From the US dial: +1 855 979 6654

Access code: 332501

Also Lorna said in the interview helium sells for $500 m/cf ?.... natural gas sells for $2.60 m/cf

the prize must be over $50 billion of Helium deposit.

I personally think we could hit 23-28p again like last time

Massive Underground Helium Reserve Found in Tanzania

If you didn't know helium deposits in Tanzania were confirmed by University of Oxford's Department of Earth Sciences

have a read.

https://www.livescience.com/60607-helium-reserve-discovered-in-tanzania-photos.html

Important to know the Natural Gas price is $2.60 per M/cf

However Helium is 100x more expensive at $280 per m/cf

there's 138 billion cubic feet discovered Recoverable helium.......Helium one are drilling probably the largest helium deposit in the world. really this is huge.

https://www.youtube.com/watch?v=NMNTd0HJ3vM&t=630s

Cyber you said "when have my comments not matched reality"

really cyber ?

in 11th May with sp a 97.50p you said "Confirmed yet again, another confirmed rise in interest rates of no benefit to metro, the opposite in fact. More rpy nonsense been confirmed to be just that, nonsense"

cyber this is 100% bs, interest rate rise is exactly what metro needs to make higher profits. and now sp is 27% higher.

4th may 97.50 you said "As stated pre results, I said we'd be lucky to get to £1.05 off increased profitability, if you want a reality check on this forum, you'd do worse than to read my posts, some very noticeable absences on the forum"

cyber you are wrong sp has gone up.

3rd may sp 97.40 "Nothing to see here, long term hold"

well you are 100% wrong its 27% upside. as metro was something to see.

2nd May sp 1.05 "Increased profitability announced in results will not significantly shift metro, be lucky to get up to about £1.05 following results."

more false information from cyber

25th April sp 1.01 "Interest rates ain't going to shift the metro share price, forget it"

100% lies. it has risen

19th April sp 1.01 "These "good news" stories in relation to metro bank, it just makes me laugh. If the news was so good In relation to metro and these stories are positive for metro. Please can someone explain why the share price is a shambles, rather than kidding themselves on that this means a change in fortune?"

well sp has risen its positive for metro.

5th april sp 98.80 " Jim, no it's not a case of that, watch odey increase again in the next 4-6 weeks"

False information. odey reduced to only 0.50%

19th March 2021 6.9p

9th april 11.15p

23th April 13.98p

30th April 20.35p

Big difference now.... we 100% own the Drill...

so we keep drilling until find.

What you think ?

@leyser i have 1.05m shares. I will certainly not day trade this stock, at the moment i am nowhere near the sell button. so certainly for the next 4 weeks 100% I won't sell. I expect the sp to be back to the 20's again. I have been waiting 2 years to re invest. I trade on data and feel. I will let the market know my actions. I always do.

19th March 2021 6.9p

9th april 11.15p

23th April 13.98p

30th April 20.35p

1 Major Major difference now..... we 100% own the Drill... so we keep drilling until find.

Https://www.google.com/finance/quote/HE1:LON?window=5Y

Natural Gas is $2.60 per M/cf

Helium is $280 per m/cf

Yes Helium is 100x more expensive than gas

Here is an old video with David Minchin ex ceo talking about the Asset value. They are drilling for 138 Billion Cubic Feet of Helium Gas, Today's helium price of $280 per Mcf (1000 cubic feet) = $38 Billion Asset. Take a look for yourselves... The previous CEO said it, not me. https://youtu.be/NMNTd0HJ3vM?t=630 And HE1 market cap is only £68m.

This is the reason people are interested..

Https://www.youtube.com/watch?v=xyO9JceK4C0&t=180s