Member Info for reaction

Very pleased to see the monies raised at this level. Some companies wait until the SP drops first. Great move to have obtained this facility at this point in time. Lots of production on it's way when you read the RNS through.
Very happy. Don't get duped out your shares.

$ Dollars 0.96 or maybe a $1. I'me at it now. Then convert to u.k sterling.
Good night all. I need some sleep.
Thanks again cperkin.

I note we have 631.70 Million shares in issue according to this site.

Thank you cperkin. I see your point. So I provisionally conclude very tentatively that would equate to around about $625 Million Dollars to Solo NAV. There for might that mean a SP of 0.96p Roughly £1 a share ?
Your constructive thoughts are appreciated.

Disclaimer to my 14.28 post.
I am not a mathematician. DYOR. gla.

With a market cap of just over £10 million pounds. Oil at $50 Dollars a barrel would give us $1.5 BILLION Dollars of NAV for 30 mmboe Just for this one field. There will be some limited costs. Every $1 rise in the price of Oil will add $30 Million Dollars to this forward looking (although allow for the depletion rate once in production). This field also has a lot more to give imo. But hay as is, even a portion of the $1.5 BILLION Dollars onto are share price and we should all live happily ever after.

All without the benefit of our other assets. Ntorya 1 and 2 already proven commercial what ever happens at CH-1. Ntorya 3/CH-1 fully funded for our part.
All good things to ponder.

Based on this independent report undertaken by an industry leading consultancy, Solo now holds net resources of approximately 467 bcf Pmean GIIP, resulting in excess of 190 bcf (over 30 million barrels oil equivalent ("mmboe")) of most likely contingent resources net to its 25% interest.



Neil Ritson, Solo's Executive Chairman, commented:

"A further significant and material resource upgrade made independently by RPS supports the Company's view that Ntorya is a major gas field within the regional market, thereby underpinning our development plans. The independent verification of our net interest equivalent to over 30 mmboe underlines the significant value of Ntorya within our portfolio. When taken with the results of the io consulting commercial feasibility study, we are now confident that Ntorya can be economically produced with limited further major capital expenditure. This gives us line of sight to additional revenues and strengthens our ability to monetise our interest at the appropriate time. We now look forward to the confirmation that a rig has been secured for the drilling of appraisal well Ntorya-3, and to continued progress on the award of a 25-year development licence for the field."

Over at Aminex Jay Battercherchi may be one of the greatest low ballers around, but with a "super giant gas field" well into the making, even Jay will find it increasingly hard to under state this one.
Old but worth a refresh. Well done all Solo holders, And that's a cool 25% to us.
"COME ON SOLO"
https://markets.ft.com/data/announce/detail?dockey=1323-13521431-7SDKBBKDIUSDNCQ5VH9TTCCBBH

Looking forward to the material Aminex EGM cperkin. It ain't over until it's over. Wonder if we will see a sigh of relief rally once this is hopefully voted through (should go through is my guess). Should it go through imo it will please the T.P.D.C and Zubairs, and others imo. gla. I will be pleased. GLA.

Was it not stated that under the terms of the PSA that the licence has to be granted by law within a fixed time frame.So long as Aminex could prove they could cope with the project via the approval of a development plan. Hence the farm out to the Zubairs. Also that Pura have said o.k. We now await sign off from the Minister. Subject to the farm out. Then onto CH-1 drill and early production system. So I do believe there is a set time buried in some agreement some where. We know that Aminex have applied.
The Tanzanians want this fast tracked they want this to happen and so again hence the Zubairs. Some body posted a time frame on here once. I cannot imagine Aminex being stitched up. No body would ever invest in Tanzania again.
This is an unbelievable deal for Aminex and I welcome it with open arms.

Hi cperkin. Yes you are quite correct. We could well get a very nice present/red dot with regard the licence by the 21/12/2018. Could even happen today. KN-1 at any time also. Jay does like to tease. Great that it is all happening though.

Don't get beaten by shareholder fatigue in these last few trading days. Grab yourselves a well deserved multi year Christmas bonus. All is about to change on the 4th Jan. This sale cannot last ! The loyal and the faithful shall have their rewards (subject to participation). GLA.

Going to be a good day caddy1. This will move fast. It's all moving forward now in Tanzania. This bonanza share price opportunity won't be around much longer. This is the real deal.

Yes Not long until the EGM at our JV partners. 4th Jan. Whats not to like !

Both Solo and Aminex kicking into gear now.

Hi London74. Not a ramp a believe based on the fundamentals. If you do not want to participate in this end of year shareholder bonus that is fair enough. I quite understand. Good luck to you. Have a good one.

Well done to those that have managed to pick up Solo at this end of year bonanza sale price. Frustrating for those not able to participate I know. Bring on the news. Bring on the suspension and a massive gap up.

Merry Christmas all. Make the most of it if you can. It has taken years we know, as oil and gas does. But here it comes.
I genuinely hope everybody can get some at this bonus level that wants some. GLA.

Yes vote N/R for sure. No need to bring him back as he is still on the team/consultant ! PHEW. I wouldn't want anybody else picking those drill targets for Helium one. His track record for what,were, when,and how deep is awesome. I think he will prove a point. Good for him. With Christmas bells on.

A good update yesterday,good to know the rig for CH-1 has been sourced.
When we get the RNS that flow rates have been restored at KN-1 that could come at any time, the SP should fly.

I would like to see a large rise here please.

Fantastic news. All chugging along very nicely indeed. A very positive RNS for all parties concerned. So much happening now.

GREAT ! ! ! Bring it on.

Worth a recap before the next RNS imo.https://www.proactiveinvestors.co.uk/LON:SOLO/Solo-Oil-PLC/rns/LSE20171204070004_13452094