Member Info for RogerJolly

I missed the move yesterday Crusty but I'm not buying this rise. Without news I'm suspicious. I've still got plenty of room to manoeuvre so will hold my nerve and wait a while longer and see if it holds up. As nothing has changed, unless they take the opportunity to raise over the weekend at this higher price it could well slip back again. There's at least 3 months to go before next physical action.

43 trades at 8:06:18. Only a couple over £100

How likely is that?

Crusty I think the crucial time will be after 8:30 in the morning. Those last big buys have set up for good early profitable trade if people are sucked in on the back of today. If the surge survives the morning you may be right.

£100k dump in four trades after 4pm looked to crash, then £100k in 5/6 buys in last 8 minutes 😳

Looks like the dump truck has arrived

Well, it doesn't take a rocket scientist to predict a raise on aim does it, so best not get too excited about future bragging rights.

The thing is, if they hit target then debtors due to be paid end of May will be paid from earnings. Beyond that, field development will be self funded, although they may, or may not fund or finance the first step. Either way if the income is coming in, nobody will worry too much.

If the side track fails then you will be able to celebrate, but celebrate what? If you are not short on it I don't see any gain for you other that to be a smug ass.

As HMS likes to see your alternative view, perhaps he would like to explain the value of it, because as it stands as above. I see no point in that view. 🤔

Genuine without news is odd?Pump and dump? 🤔

Be careful

Me too. Fingers crossed good luck all

Make that a potential 900 bopd topside Kevin.

With just 100mtrs to drill it will only take a few days

Hope it keeps building

Calling names InvestAce? Isn't that what you are doing right now?

Just be ause you decided to chuck in a big investment today doesn't mean we all have to start telling porkies.

Nothing yet has happened to change my position and if you bothered to read you will understand I am a hedged holder who will gain whichever way it goes from here. Don't cry to me if it doesn't go your way, I dont control that.

Sharebel I missed nothing that I could see around that time, please post those big buys and I'll retract. Those I posted were the only clear buys in the timescale and all six added up to less than £150

At 1:32. Pump in full flow

"The 1.00 v 1.05 has been well supported expect a bit of a leg up this afternoon all dips being rapidly bought in to!"

Reality... 🤣

03-Apr-24 13:28:12 1.05 1,428 Buy* 14.99 O

03-Apr-24 13:28:12 1.05 1,366 Buy* 14.34 O

03-Apr-24 13:28:12 1.05 190 Buy* 2.00 O

03-Apr-24 13:28:12 1.05 239 Buy* 2.51 O

03-Apr-24 13:28:12 1.05 5,714 Buy* 60.00 O

03-Apr-24 13:28:12 1.05 4,761 Buy* 49.99

The 🤡 had the gaul to question me for talking facts.

The weekly comic suggests it does but if Ruvuma brings in the expected gas revenues of $34 million net cash / yr then that figure alone is worth close to 1p per share. If that was divvied up each year that would almost cover the current price?

Maybe my quick musings are wrong but if they are correct does Aminex really need to do anything other than count the cash when it begins?

Thoughts anyone

Also thanks to todaywelive

Thanks Swerve

I imagine the same local crew would be hired as with previous drills.

It is probably a box ticking exercise.

Although HE1 doesn't come under TPDC one of their recent tweets stated...

"The government will not allow job opportunities that can be done by Tanzanians to go to non-Tanzanians"

I do remember in the last year or so that licences for O&G /Mining had similar sort of terms written into them and industry were to engage in training of the indigenous population

I've never took part in an IPO, How would I go about it? I'm with H/L Thanks

SScc I hedged myself so I'm happy to see it go either way tbh which is why I look at it realistically. My current holding is safe and I fully expect any further drops to recover so no worries there, But I'm prepared to load up heavily when it bottoms. At this point in time I don't see why people are worrying if they are a little underwater. They only concern for them is do I stick or twist. If they read the official information properly rather than these boards, they have a better chance of calling it right IMO

Sharebel my position is no secret, I have openly declared it and given good reasoning why it is as such as a read of my post record will prove.

When you say "more than enough funds at present from last large raise in Feb." you are 100% correct, but what does it cover? The answer is clear as glass as stated in the RNS of 7th February...

"The company led placing provides the Company with sufficient working capital to progress its planning for the next stage of the work programme in Tanzania."

Having explored and debated on here possible alternative sources of funding, I view the only way of funding the boots on the ground work that will follow will be to raise funds in the market. Hence my current hedged position