Member Info for steve58

Hopefully disclose their future plans.

Probably caught them by surprise.

Maybe aminex never informed them sounds familiar.

Aminex has so far increased its mc by 24 million pounds in 30 minutes.

We are up just 4 million pounds.

Come on solo.

Seem to remember a fag packet calculation of $400 million.

Aminex up 100% we are lagg8ng behind at the moment.

Afternoon Chris.

I must admit I wasn’t expecting it before the deadline.

I think the government realised this was their final chance.

Just going to have a nice cuppa and calm down.

Hopefully Rns will be shown here.

Sp should rise it’s just by how much.

Double at least imo.

Should be to wait and see.

Good evening to you.

I think that is the only option here to edit and see.

Looking at the nxt business it looks really good.

Just unlucky that covid came along when it did.

Australian government is spending billions to revive their economy.

I maybe mail mr zorab and put it to him about an rto and tax losses that can be used.

ATB

Steve

Anything is possible then sell out for a fortune.

If only things were that easy.

Being an accountant I can see the logic but seems a bit hasty imo.

As you say they are just ticking over with a complete lack of ideas.

The only way the company will grow is by at rto of nxt. I think will ultimately happen it's just when.

There are a few substantial shareholders here.

I'm surprised they haven't got things moving here.

It does seem pointless keeping the company going in it's current format.

Most companies would have called it a day by now but the fact that it is still in existence makes it more likely that an rto into nxt will happen.

We do of course have about 4 million in losses that can be used against future profits.

Hope it turns around soon.

Evening Chris.

Still think of the 6p party in Vegas.

That's £1.20 a share.

Tje board did almost promise mid cap status within three years.

One year already gone.

Looking at mid cap valuations most are £500 million plus

So about 80p assuming no more dilution

80p by 31.12.2022.

Anything is possible here although nothing much ever happens.

We could certainly do with some good news here.

With news should at least go to pre aborted deal sp if not higher Imo.

Aminex rns out.

Only price monitoring but very rare for them.

I would think nr`s valuation circa $100 million would be a lot nearer to the true value.

Even that figure is on the low side given the amount of potential gas in place.

Showing at companies house filed a day late so a fine of £750. With only about 15k in the bank not very good housekeeping. They have written down our nxt investment by 50%. Seems a bit hasty to me. Not much of any interest really.

Thanks.

I'm probably getting mixed up with the development licences.

We seem to have lots of them some still to signed off.

A few lines in the accounts filed at companies house.

Please correct me if I'm reading it wrong.

Thanks for that.

Probably not worth spending more of your time on it.

The only thing that really matters is what they can and have achieved here.

Nothing at the moment except a 70% plus reduction in the share price.

Let’s hope this farm out is signed off and we can exit Tanzanier once and for good.

Apparently helium one ipo and drilling is also being delayed by the Tanzanian government not giving the relevant licences etc.

The point is a lot more expenditure and years to any income.

We don’t earn any income until the gas is flowing through the pipeline.

An outright sale seems the best option.

Why can’t they just get the old Kiliwani north well back into production?

Hopefully us and as far as I can remember our drill site is not too for connecting to the pipeline.

Of course the pipeline is a few years away from completion so probably no hurry for them to sign.

Morning Chris.

Not sure if this is good news for us?

Still not very confident that signature is forthcoming.

They have not signed it in over two years so don’t seem to be in any hurry.

Good evening to you.

He reiterated the cost.

I don’t honestly think it was a big figure.

The easiest way is Leed reverse into nxt and then nxt list on the London market on aim.

They would have to pay the listing fees together with any other fees.

We would then own a proportionate number of shares in the newly listed nxt shares.

Follow the link on Leed website to nxt tec website.

News a couple of weeks ago regarding worldwide patent on flooring system can only be a good thing.

The Leed board are disappointed with the slow rate of progress but hope that it is not too long before building projects commence.

I hope the accounts include some indication of nxt current trading and timeframe for ipo and a London listing.

Regarding our investment in nxt.

Our shares according to Charles were purchased at an average of 31c a share.

Nxt are proposing a listing price of about $1.90 a share a 600% increase in our investment about .009p a share. A million shares would therefore be worth about £900.

Hopefully with the European patent in place business will be obtained and building projects will commence.