Member Info for RogerJolly

🥱🥱🥱🥱🥱🥱🥱🥱

I have accused you of nothing, I merely point out that you complain about one type of poster but not the other which is consistent with your behaviour on here. Why don't you answer that question as to why you only see posters on this share with one eye?

It is not a good look to accuse others of doing exactly the opposite of what you were doing yourself.

And that sums it up nicely Crusty. My dreams of 27p all rest on the success of this next drill and the EWT.

The only thing I can say about that is with what we already know, it does look extremely promising.

Fingers crossed 🤞 in a few weeks time there will be more than a few people here having their life changed for the good.

On the other hand Dai, I see the failure of some to notice the

Mostly baseless DEramping, which is about pushing AWAY buyers and DRAGGing the LOWS LOWER

Plenty of posters who target anybody thats suggesting success.

I'm afraid majority of those people wouldn't know what a fundamental or a fact is considering the amount living in the past and BS that defys all logic they come out with in an attempt to get their scummy trading practices done.

Yes I am aware that some of those on either side play the game both ways so I would expect a man of experience such as yourself to have two eyes and use both. Sadly you like many others in deramp mode only ever complain about the rampers.

I wonder why as I'm sure many others do 🤔

There is little doubt Magufuli was not a good leader, but acacia were accused of under reporting the gold coming from the ground hence the reason for the tax bill. I don't know the full outcome other than Barrick took them over in 2019.

Since Magafuli, Samia has been president and she's been doing a great job turning the country around.

She has been attracting masses of foreign investment and only in the last couple of months has been promoting the clean cooking initiative which has created masses of interest and investment from countries around the world including the UK who donated £50 million just to support the promotion of it.

Thanks to Aminex in the south of the country for exploring and finding a potential 6.7 tcf of gas, now fully funded to production by Omani partner ARA, The Samia gov have granted a PSA and GSA for 25yr FFD With a further drill to take place this year and the gov to build a pipeline with the deadline the first quarter next year when production is due to start and gas delivered to the people that will save the lives of thousands of women and children, I think she will safely be returned come the end of next year.

Each company will no doubt have its own terms and conditions but in their case the gov have 15% back in rights which they haven't yet taken up. That sort of figure would not be unusual and I would be fairly confident there will be a similar clause in the helium one exploration licence.

Dealing with governments is never easy because of the amount of red tape and number of different departments that have to be in agreement with each other. There is no quick and easy route but that is the same the world over, but it is the exploration license that sets out the terms and conditions a company must meet in order to gain the right to a development license.

One of the key ones these days being to attain an environmental study which Helium One are currently halfway through their 12 month study. That being one of the most expensive parts of the development application I doubt very much they would have spent that sort of money without knowing they have some level of commerciality which the EWT will hopefully prove up in the coming six weeks.

As shown in the above example, there is a route to development and no sane company would invest millions of dollars without having a route to that development written in a contract.

Of course Black swan events can happen at any time so there is never any guarantee in anything, so that is part of the risk that we investors take in the same way we risk our lives when we decide to cross the road.

We invest in the future and what it might bring. We don't invest in the past because it has gone.

This is a massive buy for me atm. At $500/mcf the risk to reward is massive.

Good luck

These troll accounts often get one like

Why do you totally ignore that this situation is very similar throughout the world?

If that was a serious concern why do you think companies pour millions into exploration without having some sort of cover to make a profit on their findings? It would be a bit naive wouldn't it? In fact it would be very naive of a clever highly researched investor such as yourself to invest the way you did. That is until two or three days ago when you were still ramping here.

So here we are now! You've sold out and all of a sudden after the sp has been recovering, you have found these documents and you feel you must save us all from ourselves. Thank you for warning as all, of course none of us will need telling again as we are all going to bail out at eight o'clock on Monday morning.

However there is a document you really need to read and understand called an exploration licence agreement.

Toffers you are full of Guff clutching at straws. I don't know whether Kammy trades or not but it's very clear that you do and right now you're out on the wrong side and want to get back in. Bite the bullet buddy, if you want in pay the price, because the drill is about to turn.

I was thinking about that myself SC as the 3D must have given them some indication of what is close by the perimeter of the survey.

The question in my mind was would ARA want to go that bit alone? I'd like to think they would continue their joint venture in the country but as we don't have the ready cash at this point in time, I don't know how feasible it will be given the unknown timing that such licence fees might need to be paid.

Personally I would like them to get on with monetizing what we have got. It is an interesting thought though.

I was confused too lol, but I know what you're getting at. It took me a while to realize I needed to create my own spreadsheet because the numbers just didn't seem to add up.

The spreadsheet I created years ago recalibrates my position after every move I make so I know where I am.

I think everyone should have one.

Yes a little humour mixed in with a bit of good advice I think you need as once again you are being premature with your imagined conclusions.

Perhaps rather than concerning yourself about other people's situation you would be better spending your time practicing how to control your Dinky. It is ok having a big Bentley but far better if you know how to drive it.

Btw as you are always batting for the other side on here, will you be spending tomorrow supporting Spain 🇪🇸 with a Paella? or be taking in a full English and support England🏴󠁧󠁢󠁥󠁮󠁧󠁿?

No RoJo excitement doesn't last long enough, but for some it last a little longer than others. Being too premature can make you miss out when the rewards are so much nicer if you can stay the distance.

Perhaps you should try half a blue pill next time rather than a full one 🤪

I did, I bought many on the way up and got spiked on that last tranche. Sitting pretty now though with a few millions rather than thousands in my hands, a drill and EWT to begin over the next 10 days or so where a 4.7% commercial flow has already been detected. Helium is worth $500/mcf which I'm sure you know.

What ID do you use over there, other than this one that you use when you come over to troll me? You really are a funny one, pretty childish at times but an occasionally amusing distraction 🤣

I imagine excitement never lasts long with you Rojo :0)

Moorscloud, why would you be intolerant of somebodies dream? What people would like and what they will get is often very different, but when read correctly you would see I certainly was not predicting a price!

Further, why should people not be looking towards good profits? I understand the importance of keeping the feet on the ground and the bad effects of over ramping just as I do the deramping and those who like to tell folk it's not worth investing, but what part of expecting multi-bags in a success case is not realistic here, especially when the current price of Helium is at $500/mcf and Europe has decided to ban Russian imports of it?

Surely you are here yourself because you dream of the profit it will make you? Let's be honest I wouldn't hold anywhere near the shares I do if I thought this was only going to return 2p on a successful outcome. In fact I would be invested elsewhere if that were the case.

Kammy, we can but dream :-)

Grow up you ****k

Ice Cold Cole Palmer to get the winner

Anything above 27p would make me very happy and very wealthy.

The 27p being the most expensive tranche that I bought. Small beer compared to the number of shares I hold now, but nonetheless it would be nice to profit on every share I bought.

I'd certainly expect it to reach an unknown level of multi bags for a period of days, weeks, following good results and the rewards for those that hold for gold of the field development the sky is the limit.

At $500/mcf the field would be worth billions

15 minute delay normally but everything is 30 minutes behind currently.

H/L showing live price at 1.2 - 1.27 but no trades showing there