Member Info for RogerJolly

Cap'n Jack with an aPATCHe over one eye

The story of the good ship Aminex bb. What goes around comes around lol.

https://youtu.be/d9FQZCC61ZU. #FridayFunny

Time for the rotten apples in the barrel to be cast overboard.

Once done extra rations all round. Ha Ha me hearties

IG your appear to be very negative overnight, I wonder why?
Two companies offering two different positions, I wonder why you favour ones word over the other?

You maybe right, but in He1 position on discovery why would they not go for a cheaper more rapidly deployed option to get the cash rolling inside eighteen months rather than wait five years?

Think of what could be done with 3.5 years of revenue. It would stave iff any chance of dilution and fund further works surely.

BG when prices are as low as these, fast movement can be really fast. In fact so fast that those playing the game risk not making it to the toilet in time. Now that is a movement I would like to see but not if you catch my drift :D

Anyway lets sail on, the old captain is still aboard in spirit

Fifty times the price of gas and rig team on the ground. Seems pretty laid back and confident. Should be a good read across.

On your marks. Get ready. Sign the contract and Go. Bring it on.

Boarders even lol

Ayeup a call to arms, repel all borders lol

Welcome to the club BG. More time for the man shed, enjoy.

Welcome aboard

Thank You H&L. Sold and bought at same price. Just clobbered for the 1% tax.

No problem with people making profits eleswhere and I understand it's all about timing to move money from one to another, what I don't understand is the time and efforts spent on trying to convince a loyal band of investors who know probably more about this company than the current board.

The only reason I can think is that they may like me have underwater money trapped eleswhere, but it would be naive to think they are going to shake the lth trees in here.

As said earlier with 12 potential inflection points due to land over the next eight months, even if only 1pt per item it still bags to 2.3p from here. Rinse and repeating at this stage is a risky game, if they are brave enough to do it that's fine, but they shouldn't try to fool people on here who probably know when they are telling tails better than their mothers do.

For years its been a traders share, but I suggest that is about to end, at least until the end of year. After that will depend on whether they just move on from drill to drill, or whether they drill as in country and external demand ramps up. Either way if they achieve the 140 from the three wells, it will be a bloody good start that should see us well above current levels.

Currently the West and China are dancing for Tanzania's attention.

No!!! Naughty Ufufuo! We can only talk future and get ahead of ourselves if our money is planted elsewhere in places such as IOG.

We could all switch over there, but of course if Aminex news came in with a mahoosive upgrade in figures, target and rig news, we could lose out. That would worry me, I don't know about you, but with 3 months mentioned following their spud, it could be a squeaky bum sliding doors couple of months.

"Probably a bit premature, but what are the chances of completing a second drill later this year? The new team seem to have completed the paperwork for H2 in a timely manner. IMO a second successful drill (after H2) is key to really kickstarting the SP. Also we need to continually take advantage of the 91p in the £ tax relief."

Looks like a little secret ramping on the side, perhaps desperately hoping the boat will come in before Aminex news does arrive.

Looks like some did well there today, congratulations, maybe they sliced and bought some here. It looks like somebody did.

With my average, I'd be happy with any of those three Edgar, FFD has to be worth 10p upwards, just the number of drills will take it there

Just a polite reminder for those suffering with short term memory loss. I see it in my 87 year old father and it is a sad and terrible affliction that gets worse each day.

From the last RNS
"The results of the initial 3D seismic processing and interpretation, to optimise the target location of the CH-1 well at the Cretaceous reservoir level, will be available by mid-March"

Up to 12 inflection points to come.

Just moving 1pt for each would take it to 2.3p from here, but considering the rises over the last six months, some of those inflections may see 3 or 4pt jumps each?

On this Mather, it maybe more on the flow tests than the government.
The government will have already held interviews for the project manager after advertising it Dec/Jan. They have arranged to move people off their lands, reparations set aside and training program in place to help those people make successful and profitable use of those funds as they move businesses and homes etc.
We've been told the the tests will reveal the set up required for feeding the gas into the pipeline. So that leaves two questions, what will be the flow rate and will it be enough to warrant construction?
As plans have been made based on a known 17mmcf/day. If that is confirmed or bettered, I think it would be safe to assume that it will go ahead as planned.

At least that's the way I see it.

Talking of lists, I found one...

Probably the last chance at this level before,
Pad Location decision
NT2 flow test results
Scirrocco deal complete
3D results
Gas sales agreement
FFD sign off
25 year development licence
Rig contracted Spud date
Drilling of 3rd appraisal well
NT1 well workover
Pipeline completion
Production
All fully funded and all due this year!

Nice list my friends :D

Bed time boys, todays game of burying the facts down the thread is over for the night. https://youtu.be/pYI5PwwnGj4

Dai would you like me to pull on the rope and put you out of your misery? :D