Member Info for RogerJolly

Always the negative waves Moriarty, always the negative waves.

Try Switcheroo

The best possible outcome would be to a) to get a discovery at Tai, and then follow this by b) immediately following up with drilling Itumbula.

Are these still possibilities or not on this RNS?

Kread. Are you not aware that the 3D was a benefit to aex as they were to receive data from it.

Also aex are in discussions over a new GSA expected to be signed by today. If Orca are just announcing discussions over new terms it just makes me wonder about state of play with aex negotiations?

I dont see good in the loss of 3D and the GSA leaves me asking how close is our agreement. So I'm wondering where you are seeing the good?

Hmmm not only the 3D bad news but GSA discussions ongoing. You would think there is perhaps some interlinked negotiation on price going on here.

"Discussions are ongoing with Songas Limited (“Songas”) and Tanzania Portland Cement Company Ltd (“TPCLC”) to negotiate new commercial terms under the gas agreement between the Company, Songas and TPCLC (the “Gas Agreement”) from August 1, 2024 to supply the volumes which are currently despatched as PG.

Field Development Activities

3D Seismic – The third party contractor responsible for the seismic program has suspended operations. As a result, PAET has issued a breach of contract notice to the contractor. The contractor has failed to remedy the breach under its agreement with PAET. The Company has therefore terminated the contract on October 25, 2023."

As you say Wyn, the real SP movement is all about results and how they are delivered

I would hope that's where the focus is Brabs. It's important we get some good news on the well being cleaned up in order for it to hold and climb. That news would be sufficient for me to raise confidence even if the pump was not to be installed for another week.

We are all looking for a bit of certainty I suppose. Long term this has tremendous potential, but this one has to be right to make it all come together. Oil producing and self funding field development is what we are after for those long term rewards.

GG if they had said they reached TD but have decided to go deeper, what reaction would we have seen here?

Imo it would be an open book for the bashers to say we found nothing and they are desperate.

I look on it as damned if they do and damned if they don't so I'm not trying to second guess their every move. Those playing their own trading book will latch onto anything to steal another point from their grannies, so to me it's no wonder boards treat retail shareholders like mushrooms.

Yes showing sell here too, but its a hard one to call as priced in between. You might expect it to be lower than that for a sell or higher for a buy. I do wish these things would be reported factually. There is no good reason why it couldn't be done other than to decieve.

I missed the boat Brabs. 1.437 I was asked first thing for 3m this morning and I thought it might go down further so didn't take them, so still looking to add at some point.

I know WK is a basher on this stock but tbh when he posted pump & dump earlier, after last time I did think the same. Looking back in again now it looks like some have taken enough for a beer and called it a day.

Big news is what matters tbh but if I can get sub 1.4 again I'll be snatching hands off. If not I'll still have the dry powder for lift off

Hoping for that massive discovery too but 7p today? No way Jose

And on what line did Lorna say that Stino?

Brabs, I would agree with what you say about moving into profit blah blah, however the contents of that RNS is crucial and it all depends on how successful the clean up has been or how difficult it is proving to be.

Fingers crossed all will be well and the pump is installed or at least in the process. If not this week, I would expect an update by next Monday at latest.

GLA

I'm sure thats true Dai and I too am normally interested in the engineering, but right now my only interest is getting some decent news from Tai. The rest imo is immaterial until we do and wont come into any sort of variable play until we have results one way or another.

If our news is bad and theirs is good, it may help us retain some value going into Itumbula, but that's all ifs and maybe speculation which does nothing to float my boat at this stage. Sorry.

Tbh Dai. Noble holds little or no interest to me unless we both strike and share production facilities.

Meanwhile, I just want some decent news from Tai that shuts down the negative speculation.

Ok it will never shut down completely as players will play, but I've had a belly full of the BS spouted on here in the last two months or so and its time we had something positive to enjoy. Good luck all.

Imo it's not that people dont get it, there are people who got caught out on the last drill and have averaged down as I did. There are others with them in a drawer living in hope and let's face it nobody wants to hear negatives about their money being lost whether the risk is genuine or not.

Me, I'm really not that far away from a recovery price and hopefully profit when the oil starts pumping but if this slips anymore while we await news, I'll buy.

It's a risky business and not easy to call, but best not to judge everyone from the same page. There are many pages in a book and we don't all have the same experience to swing or day trade out of a situation.

As I have said before, the aliens could land and that really would feck it up

Well legal according to previous RNS around the breakdown and as Joe said this morning it should have been completed by last Friday.

My guess is there is a good chance of completion over the weekend, but bearing in mind something has caused the slow down, (it matters not what at this point) there can be no guarantees of a Monday RNS.

Getting in nowis a risk for people to decide. Take the Fomo route, or do as you are, sitting on the sidelines hoping it doesn't do a Fomo and drive up the price before any results are released. That's your gamble, but it doesn't look much like a Fomo is happening at the moment so you might still get in low

Nice to see a bit of banter. Need to get the WD out more often.

Exactly loggy it continues to turn all be it a bit slower than the tea boy would like.

Black, no sugar and dont forget to clean the rigger boots before heading for early doors Friday

I asked a non offensive question about an hour ago which seems to have been removed. 14 people at the time had recommended it and there is no good reason for its removal.

I'll repeat best I can remember.

I came at the issue as an engineer being mindful of the machinery. Meanwhile our friend tells me I know nothing.

My post went on to ask his qualifications, whether it be button pusher or tea boy, other than he's ma

He has clearly shown willing to go gungho at 1000mph without thought for machine or hole integrity

Hands up those willing to trust a multimillion drill campaign with someone with that attitude. I certainly wouldn'but as he claims I know nothing!

Over push a machine and it will break.

Drill unstable ground without care and it will collapse.

But of course once again, I know nothing.

Can we just stop with the maybe this or that. Nobody knows anything, so all everyone is doing is winding themselves up into rowing with each other.