RE: The devil's in the detail - 112 Jul 2018 14:07
I think it speaks more volumes about the fact that no one else came forward with a better deal. We did not want to dilute more and can someone tell me how long it would take for Aex to have $100million? Yes that's right, about a decade. It's the right deal for us.
've said it many times on this board....potential is nice.. you can put cream on top of it and grab a fork, it's tasty. BUT in this sector with operating costs being what they are, RNS news like the news we received will not drive up the SP. REVENUE+POTENTIAL+ESTABLISHED OPERATING sources of revenue Will drive the SP upwards. It's really very simple. So many voices shocked by RNS ramping and deramping. At this stage expect nothing less.
I Have to give credit to Jay. We are squeezed with little interest in undertaking the project and running out of cash. In those circumstances it's easy to point the finger, but it looks like he got what he could. I may be wrong but I'm standing by this
RE: Now it’s a good investment11 Jul 2018 18:20
We need to lock down the following: 1. 25year device licence. 2. The drilling of Chikumbi 1 leading to more gas and possibly oil. 3. Locked in reliable revenue. Once these three are in place the SP will follow along nicely.
I don't know about anyone else, I'm just excited about receiving an RNS full stop. Obviously I want it to be positive, I'm just starving for information. AEX makes the Sahara desert look like the Atlantic
RE: RE: A whole quarter..............7 Jul 2018 19:18
Hi Kenrun, I find it interesting that someone on this board asked from my comment to be removed and it was. And why? I simply stated that it has been exactly 3 months since our last RNS.
This Monday, the 9th of July, it will have been three months, a whole quarter, since we last had the Ruvuma update on April 9th. Any comments relating to this void?
I feel a bit sorry for the sellers in truth. When news hits they will lose anything they made selling on the uptick. Eg: They won't catch it quick enough