Member Info for RogerJolly

My internet on wifi and phone has been buffering and playing up all day

You should be careful what you eat. If I eat cheese before bed, my gut tells me to dream ;D. Nice thought though.

We can call it each way guys, one of us will be right lol.
As BG says if it gives an indication of a larger prospect it would be well worth having and price sensitive and as Edgar says these things often do.
The spanner in the works on that is that they said the data processing is inly 80% complete which means possibly a couple more months before a full results update might be ready?
They certainly know enough to have pulled back on the risk at Triassic level for now, and that convinces me there will be a pad location change.
What I do know, is everything seems to be moving in the right direction at last :)

If it wasn't successful, I'd guess they would be busy trying to get it away at any price to keep their salaries. If it does get discounted heavily then I would definitely vote against. I'd have nothing too lose in that scenario. Let's hope it is not.

I get what you are saying, but what are they going to tell us other than 'The location has been chosen'?
My point is, we already know and can assume it will be chosen this week and paying out "x" 000s for an RNS that tells us what we know is a bit daft. Of course it would be good to be confirmed, but a bit of a waste of money in their current position when it could be combined with the testing in a fortnight, but there you go, that's just my thoughts.

Triplestar, I think the recent rise in confidence is the Lorna effect.
Knowing the problems of rig supply, I doubt it has been priced in at all tbh

I do think it is news worthy, but as we are still under the belt tightening, I think they may wait for the tests in order to reduce costs. I'll be happy to be proved wrong, regular news will help the SP and after waiting so long, we could all do with the lift that it should bring.

While I agree that I would've expected news by now if the raise was successful Buzz. Why do you waste so much time bashing people's hopes when none of us have any control of our funds at the moment?

It serves no purpose other than to perhaps give you a feeling of exhilaration.

I wish I could find something that would give me such a high.

I think telling us only two weeks prior would indicate they were pretty certain, though having communicated that, the location details may not be notified to us immediately.

Of course it will ten bag via a 10 to 1 consolidation :D but a real 10 bag would mean 18p
I would be delighted, but it sounds like you're getting you April fools in early

"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".

Full area 3D situation... "The processing of the seismic data is more than 80% complete"

"A two-week well-testing programme on the Ntorya-2 well ("NT-2") has been designed and scheduled for late March 2023, utilising a mobile testing unit, to provide additional information required for the design of in-field processing facilities and the export pipeline; in particular, an accurate measurement of the gas composition."

Constant line of news worthy events through to first gas and monetisation in October, bring it on.

Hate agreeing with the bb bashers, but for lth like me caught on the duster, I'm with him. I've decided not to vote either way to give other guys a chance but unless it opens at anywhere near 50p it's just a right off of £4k.

My objection is the bod grabbing all those shares. Why should they recoup their losses overnight when it maybe years for us. If they drop their claim for shares I would vote for. Good luck

Blubay, I agree, but it doesn't stop me feeling it. I'll probably not bother voting tbh

Does that tell us they haven't fulfilled the raise?
I would have expected a "we are pleased to announce" this morning. Hmmm

All down to that bloke that needed £4.75 for a pint. It must be hard for having your money locked in RoJo

Consolidation does not change the overall value, the 10/1 just changes the sp to 1.799p so if it opens at 1.2p then everyone loses 0.59p per consolidated share against its value now.
My trapped 5p shares would need to open at 50p to recover my investment.

Not you HY, I think Tanzania has it right I remember him named something 2020

Sorry to disappoint you RoJo, but neither he or yourself wind me up. Or do I mean you and you? Lol
Which VPN do you use by the way, have they got enough servers for all your aliases :)

If it has closed tonight then surely they would have to report tomorrow.

Think I'm with it now.
If I were to double my investment at 1.2p - After consolidation, I would need the SP to be almost 2.2p to break even. How likely is that?