Member Info for RogerJolly

At 15:15 and 15;17 the price was moved up and two £10k buys are being shown red. after they had just ticked it up. Following this they dropped it again and then up again as another came at 15:21 it's now up again and holding at 1.23 SP. Looks like MMs trying to work it for their beer money

Some good buying since 3pm. Might take off at this rate 1.24 - 1.28 now

1.28 just paid currently 1.23

Update 1.23 - 1.28

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Stevie wonder sang a song about that Apple of my Pi

But that is an UT and I'm wondering how they get that price from todays trades?

Considering it closed last night at the top with a 1.61 and 1.70 buy they were PDQ to drop it to the lower end this morning on the basis of the first sell and obviously such a wide spread did not help when the second come in at bottom

BTW London you forgot

Imminent which we all know in the O&G business = maybe next year

It was also said July but the schedule in the presentation also shows the whole operation running mid July through to end of August. As she said the operation will take four to six weeks to complete, it literally could start anytime in order to meet that schedule, so best not to rule anything out, but equally not to count chickens until the RNS lands. What I'm looking forward too is a tweet with Lorna in her rigger boots again, because I fully expect her to be over there when it kicks off.

If I was to make a guess the rearranging of the presentation may have been because she knew she wouldn't be in country when the original host was planning to rearrange. Need somebody checking this weekends passenger lists ;-)

* of us

Kammy you said this morning you expect them to start drilling next Saturday 20th so can he say mention "won't want to be out" next Friday? 😜

My own opinion as I said yesterday, this weekend wouldn't surprise me. I think it is more likely to be next the same as you which leaves Lorna with another week still within July, so I agree with you we need to cut some slack on the time and not get too dependent on it. My own experience of Lorna is she likes to be ahead of schedule which is why I am more confident of next week but not ruling out this weekend. One offers on this board will be correct but none of us knows which one.

Actually I think you're right. I will now disengage from the Hanz Christian Anderson type character and trust others to see right through the fairy tales.

Instead of trying to frighten people with these fairy stories perhaps you would like to tell us the difference between an African country owning the minerals underground and the UK owning the minerals underground? It is the same the world over where the country has control of anything underground. As for Africa I have been invested in Tanzania since I became an investor years ago so I know what they are like thank you. Their hard-headed businessmen negotiate hard in the same way that our hard headed businessmen do.

Your claim that the Tanzanian government put the money up is total fiction and you have no proof of that whatsoever, if you do show it, either way, put up or shut up with the nonsense.

Yes I know Warrie but sometimes they need to be shown up for what they are and filtering them just give them licence to carry on corrupting people's understanding of the facts.

Sorry I see nothing inept about the man and whether he is a great public speaker has nothing to do with his ability to do the job. As I have said before sharp suits and slick presentations do not impress me. It is the message that is important to me, not the messenger.

Personally I would question the ability of anyone making such comments who doesn't appear to understand finance and how easy or not it is to raise funds when they cannot offer any security. It seems to me that anyone who believes they can get cheap finance when they are in such a delicate financial position is inept themselves.

Production blueprint completed. ✓

Environmental study halfway completed. ✓

Big money already spent on these indicates high confidence of a successful extended well test. ✓

Drill to extend 150mtrs into source fractures spuds within next couple of weeks. ✓

EWT to follow immediately afterwards. ✓

You guys are unreal and now coming up with late night fairy stories about Tanz Gov involvement.

I was here getting burned when those events occurred and you guys were part of the crew that we're bringing the stock value down so you have as much responsibility on your heads as you sought to weaken the company's SP for your own greed just as you are trying to do now.

There is no doubt they were under pressure with what happened which was out of their control. Who can forecast when a piece of machinery breaks down? The company simply had a run of bad luck and as I explained last night if you need money and you are in a week position those who are going to fund you will take advantage and that is just what happened. Beggars cannot be choosers and we were where we were.

Now is it completely different scenario, we have the full funds to complete what we need to complete and we also have a contingency. They have already proved up 4.7% helium flowing to surface. The probability of a successful drill and extended well-test is extremely high and if that comes about then the boot will be on the other foot and financing the full field development will not be an issue because a variety of funding options will come into play and it will be the funders who clamor to be onboard.

My advice guys is to stop dwelling on spilt milk, it has already been mopped up and we have moved on.

With the value of the helium; dependent on the size that the CPR comes up with, I wouldn't want to jump at £1 just yet.

In saying that, if that was an offer tomorrow I could walk away a multi-millionaire so why not walk without further risk?

Then I think again and say, if somebody is offering a £1 before the test is complete then they know something that we don't so I would probably refuse it.

Fickle thoughts 🤔

Tbh anywhere between 25p and 50p would be lovely

I'm Spartacus 😜