Member Info for RogerJolly

Do you mean WiseOwlSpeak BG? Heard it said there is another american indian reincarnation appeared on these boards. Very good at pigeon English too I hear.

JollyBoyDrewky? I've heard it all now. 😂😂🤣 Straight out of RoJo's copy book that one. The personal insults keep coming as softly softly, the ghost writing soft lad reveals himself. Honestly, this guy gets more pathetic with each week that passes 🙄

Rather than marking his own homework with his usual one tick, he might do better with a good tutor to write him the compliment of 'Must try harder'. I can just see the ink draining from the red pen. 🖍️

I agree with pressure for news, in fact I believe every company should be obliged to put out at least a short news letter monthly. We all put our hard earned money into these companies and they should not be treating us like mushrooms.

I don't just want PR when a company needs to raise. Investors are only too aware of that these days and they don't trust it. I need to know they are there and actually working on my behalf.

Hiwever as you say Jwill the pressure has been building on them

Well we can see clearly two huts were put up between then and the Google update

Seems to me that companies in this industry all have reels of stretchable wire.

In this case Noble laid it down for us stating HE1 would drill in August. With a six week transportation, that is beginning to look very tight and more and more like a ramp for their raise.

Perhaps Lorna has being the wiser Ceo in never stating any date.

The last indication of date from HE was at the AGM stating to begin drill operations QTR3

When the link up with Noble came a few weeks later, they stated that the link up wouldn't effect the drill schedule so our own reel of wire has not been stretched. Yet!

Will try a closer look on a large screen as I didnt notice the other movements you describe.

Speculating on the pipe laying equipment, I would have thought the contractor would create its own compound tbh, so an alternative thought would be that it maybe ARA equipment readying for the work at NT2? The fact there appears to be some action hints we may learn something before the AGM.

I can see from your image 26/6 and 1/7 something has moved into what was empty space directly a few yards from the entrance. A close inspection of Google Earth excellent quality taken only in April/May this year can be compared to confirm this. Although the sentinel image is not clear there appears a definite new item on the location.

At NT2 Google Earth also revealed two new hits on the first gas pad when it was published.

Good find SC. Can you get a clearer image without the colorizing? On the 6th when it should be updated next?

Sorry my error in copy re GSA. Government announcement was made a few weeks ago

Hi elCheapo. I'll no doubt be accused of ramping and all the bile that goes with it, but here goes.

The following according to the company is what is expected to happen this year.

First Gas expected October and according to the May RNS and the GSA and the FFD contracts are imminent."

To meet that target I believe the pipeline has to start boy the end of this month, which ready to go according to all the regulatory bodies. Landowner reparations have been paid and parliament approved the budget.

The following expected during the interim period...

Pad Location decision - They decided to move the pad after considering of the 3D information for the area. Location of new site not yet communicated. The full data is expected to begin analysis at this point.

AGM announcement imminent. Arranged for Thursday 13th July

NT2 flow test results had no info on that yet, but was supposed to start March April

Scirrocco deal completion there is a long stop date, if I recall correctly is end of August?

3D results as said, due to start final analysis which should allow for an updated cpr

Gas sales agreement. Government announcement today. Awaiting RNS confirmation. Government reported final discussion expect to very soon

FFD sign off. Tentative applied for again close to agreement.

25 year development licence as above but the PSA already agreed and signed

Rig contracted and Spud date. Company expects this year, personally I don't see it before November, many even Jan/Feb

Spud of above drilling of 3rd appraisal well

Follow up with a NT1 well workover

Pipeline completion - as mention needs to be ready October to allow First Gas Production from NT2

All fully funded with £35million carry with enough cash to see through to end of 2024 original first gas target date. Target brought forward to October thus year at government request due to over demand.

Hope that is helpful, all can be found in the recent RNSs. With the imminent AGM most hope for some positive news on progress.

Please DYOR

Oh yes I forget the constant swipes at Haggis even if I didn't agree with him and then remark about Tanzania having a lucid moment, but there you go.

Just answer me one thing though.

Investors have a motive to get the price up. I am one of many, that is what I am here for. I ramp with facts and not BS no shame in that.

Rampers consist of some investors and some day and swing traders who have a motive to get the price up. Both types have different motives and you know what they are without me explaining.

Bashers which you find hard to see are there in your view to wind people up 🙄

So do you not think they are those same day/ swing traders or shorters.

Are you seriously telling me you believe those people spend all there days just to wind people up? If so, try pulling the other one it has bells on it.

Goodnight

I just dont see the need for any of it, but you seem to take delight on dishing out attacks on people, I mean look at tonights lack of respect yowards other investors....

"Mutual support group of people clutching unrealistcally at largely imagined straws and convincing themselves that they must be right"

"rose tinted spectacle brigade"

"Sanctimonious prigs"

" Sanctimonious claptrap"

And if it is as you say to wind people up then that is not conversation is it. Which again proves my point nobody wants to read that s*** every day and I don't want to face it just because they have a positive view.

I don't see my analysis is superior I just think the way you've gone back at me tonight just proves what I'm trying to get over to you. This board is dead because of such behaviour.

Oh btw instead of selective quoting "They do it to spook the nervous holders into selling, its as simple as that."

Why not answer the question I put that led me to my assumed answer.

"I argue they do make a difference to potential new investors by frightening them away, but if what you do say is true, then why do these bashers spend so much time feeding out misleading information?"

So come on please do give a reasonable explanation.

Keep at it Crusty. You are only proving me right 👏👏👏

Thanks Crusty, you prove my point exactly as I described on why this board is empty most of the time. There can be no conversation when you and others speak of people in such a belittling manner. Strange how you are only so arrogant towards positive people. If you were even handed in your posting I could take your knowledge more seriously, but it seems you are hand cuffed to the negative and speak as if nobody else has a clue what the situation is. That is a sign of narcissism

"Yes RJ, a mutual support group of people clutching unrealistcally at largely imagined straws and convincing themselves that they must be right and the "doubters" completey deluded....."

Like I say people dont want to be ridiculed in such a way, they dont want to be called names or to receive aggressive responses and so they just dont post. I dont care what shyte is thrown my way, but I understand why others do.

So no mate, perhaps those you know haven't all gone, just some have gone temporarily who maybe have their money moved to earn elsewhere as you say, while hoping against hope that this does not lift off before they can move their cash back. At any rate, the amount of negative noise that comes when this has seen recent rises indicates to me that it is a good possibility.

No Crusty I'm talking about people who are just sick of the bashing and those that feel intimidated out of posting here because of the ridicule. Of course some will leave and I'm very surprised you haven't gone, given some of your negativity over the years, but then again whatever you have said in the negative, you still know which side your bread is buttered, which is why you remain here holding a big wad.

No, those people are still invested, but they are debating properly and learning from each other.

It works both ways guys I agree, but in all the years I've been on these boards, I've never seen a ramper put that argument forward.

As for newbies relying on buletin boards, were you never a newbie? I was and though I did my research about the company's it still takes a while to learn about the BS and who are the perpetrators that infest these boards. People read them to get a feeling for things and learn. The fact that so many lie through their teeth and deliberately mislead and manipulate is eye opening to a generally trusting person. Whether it is just poking a stick or deliberately bashing, do you not agree it kills decent conversation. This particular board has died the death because of it and those willing to talk and debate have gone elsewhere.

Im all for giving new blood a chance. I get sick of seeing the same faces floating from one merry-go-round to another. I tend to trust them even less, but I agree a CEO needs to have more strings to the bow than one. Fingers crossed she'll come good

Given the SP slip over the last fortnight I would have liked to have seen at least a holding RNS to steady the ship.

"SOFORI have informed us that the rig has no further conflicting commitments going forward. As a result of this, we have already placed orders for long lead items. We look forward to providing further updates as appropriate."

Comforted by the ordered long lead items and having seen the recent images of the pad construction, I'm not worried at this time, but the longer this goes on the more nerve jangling it will be.

We must remember though that it was Noble that said shipped by end of June, Not HE1

AP while I agree to an extent, I argue they do make a difference to potential new investors by frightening them away, but if what you do say is true, then why do these bashers spend so much time feeding out misleading information?

They do it to spook the nervous holders into selling, its as simple as that. It is a dirty game they play and they would not be doing it if they did not think they were having an influence.

By the way, not inferring anything against you, but if I had a pound for every time I'd read that view from a basher, then I'd be quite wealthy 🙂

Whenever new and potentially good news lands there is always a spoiler alert. This time it us a claim of old old news, while it has to be said studies have been done in the past this is a completely new study and should be read as such. Comparisons can and should be made, but new studies should not be dismissed so easily

Abstract

Ruvuma Basin is widely recognized across the world for large gas field discoveries, which indicate the presence of gas-prone sources. However, little is known about the basin's source rock's hydrocarbon generation potential, including the distribution of significant petroleum systems. Inferences are often drawn from Permo-Triassic and Jurassic source rocks in Mandawa Basin, Tanzania and Morondava Basin, Madagascar. As a result, knowledge of the basin's potential source rocks is not known. To constrain possible source beds including petroleum systems, this study thoroughly reviewed previous literature coupled with rock eval pyrolysis and vitrinite reflectance analysis on rock cuttings (n = 19) from the Ruvuma Basin's Permo-Triassic, Jurassic, and Cretaceous shales of Lukuledi-1 well.

The findings indicate variable petroleum systems with different generation potentialities in the Permo-Triassic, Jurassic, Cretaceous, and Cenozoic intervals. The Permo-Triassic plays sourced hydrocarbons from the matured Permo-Triassic shales of kerogen type II and I, with Total Organic Carbon (TOC) average of 40 %wt, Hydrogen index (HI) average of 286.5 mg HC/g TOC, vitrinite reflectance (Ro%) average of 0.81 with Tmax average of 436 °C capable of oil generation. The Jurassic play systems are charged from matured Jurassic kerogen type III and mixed type II/III shales with TOC∼ 4 %wt, HI∼54.25 mg HC/g TOC, Ro% ∼0.6 and Tmax ∼444 °C capable of gas generation. Cretaceous and the Cenozoic play systems, sourced hydrocarbon from deeper sources because their source rocks are thermally immature with kerogen type III, having TOC ∼0.6 %wt, HI ∼53.6 mg HC/g TOC, Ro% ∼0.3 and Tmax