Member Info for steve58

News soon.

I still look a couple of times a week.

Neasy soon.

The nxt website is very interesting.

Seems they are involved in projects worth millions of dollars.

I can find no financial details of how much they are selling earning etc. Leed have invested over $300000 Aus. I would expect a very substantial return on it if the website is anything to go by.

Hope the board are trying to move this company and achieve some shareholder value and hopefully a market relisting.

As I said annual accounts have to be filed by 30th so I would expect an investment update will be included although figures are only to 31st December 2018.

Atb.

Due soon.

Nxt tec website is saying they are looking for distributors for different types of flat pack buildings.

Maybe Leed could become the sole uk distributor.

No updates since 31st January so overdue imo. I emailed Robert Porter regarding lack of news etc and am still awaiting a reply. I will post if I get one.

He is only telling us what we already know. Accounts imminent. They have to be filed at companies house within 6 months of their year end so 30th June at the latest.

An update on Reef or anything would be good.

IMO almost at quiet as the nr years.

The lack of updates regarding the boards new strategy makes me think that when news does drop it will be company changing. Even 500 barrels a day production is over £7 million pounds income a year. Almost our mc.

Enjoyed reading the longest post I have ever seen.

Has some good points in it.

IMO the licence has more of a chance of not happening than happening.

Everyone’s patience must be wearing very thin indeed.

Not many investors would hang around if after this amount of time imo their investment is virtually worthless.

If it does drop then all this waiting will soon be forgotten and the sp’s of both companies should react accordingly.

As for the board having a new strategy I hope that complete silence is not part of it.

Red dot tomorrow would be great. Any news would be welcome.

If the board do indeed get to 5000 barrels or more output within three years then 50p to £1 a share cannot be ruled out.

The difficult bit is the boards ability to deliver. Talking is one thing delivering is another.

The next few months will hopefully be more interesting than the last few zzzzzzz.

It was quiet during the nr days but seems even more subdued lately.

No news on anything albeit most is out of our control.

Regarding strategy. I hope the next deal is a good one.

The board are of course being paid whether in cash or shares.

How long do these things take. I know the paperwork is probably slowing it up together with due diligence but over three months and nothing. Imo the Ruvuma licence has become a joke that has impacted on the sp. It needs sorting and soon.

I sound a little impatient with things at the moment as are probably a lot of other shareholders. Red dot 7.00 am tomorrow maybe.

Cheers Chris.

Another year nearer retirement.

I am hoping solo comes up trumps before I’m too old to enjoy it.

Hope the Tanzanian government sort this mess out.

They risk companies leaving the country for good.

That would not go down very well with the Tanzanian people or shareholders of the companies involved.

I was hoping for that red dot today, would have been a very nice birthday present.

Results due in under two weeks so would expect news of some sort to be released soon.

Your post seen after mine sent. So maybe I’m being a bit hasty.

The main difference is that our gas is stuck in the ground thousands of miles away and until the licence is sorted it is worth nothing.

I hope our board get something sorted soon or with no income and expenses albeit not very big sub 1p could indeed also become a reality. I just hope it never comes to that.

We off course still have 13% of 98 b c ft of all that helium.

Maybe my 12p price prediction was a little low.

If everything comes together three years from now that 6p prediction old money could be a reality.

Looking at what is happening at a UK listed oil and gas company this morning. I upping my price to 12p.

About time.

8p.

If a good deal(s) are completed in the next few weeks, Ruvuma gets sorted ( and monetised) make that at least 15p.

Does of course depend on a deal(s) being done and the move forward to a producer quickly.

Don’t worry about manners.

Thought I’d wish you a good evening because it has been such an awful day weather wise.

Is it really summer. I hope for everyone’s sake that something good is announced soon.

Good evening to you.

£1.50 about a billion pounds market value.

It can be done. 5000 barrels a day is about £80 million a year income. Profit margins may be high. We still have helium one which should be producing in under 2 years. Ruvuma who knows. Still 6 1/2 months left of this year. Maybe 20p or more by end of this year. There are so many unknowns that anything is possible here.

The way things are looking on the Ruvuma I’m not very optimistic.

As for the directors doing a company changing deal again more optimistic but not expecting much.

It’s all well and good the directors stating 5000 barrels a day within three years but talking is one thing actually delivering is another.

I hope that something materialises soon as possible and it had better be a good deal that will generate income from the start. As for Ruvuma and ntorya the waiting is awful for shareholders of both companies moreso aminex imo.

Annual accounts due by end of June so I would expect some news to come along shortly. We have had no income for about 16 months other than selling off some assets for small amounts. If we do still have any Ukog shares we are down over 50%. Another bad move by the board imo. I thought the new board were going to get a move on but very quiet for many weeks now. All will be forgiven if we can get to £1.50 a share by March 2020. That’s about the time I want to tell my boss what he can do with his job. I live in hope.

We are down £10 million in the last year.

Aminex are down £100 million.

So maybe things aren't that bad here.

It seems that the Ruvuma production licence is more important to them than to us.

If not signed by the deadline date 49 days from now any one of a number of outcomes could happen.

Imo tells us nothing new.

They must be getting low on cash. That is what pays the bills.

Over here in hope our board comes up with a good deal and soon.

It all seems to have gone rather quiet here.

They have promised so much and delivered very little.

I know we should be patient and give them time but the months are going by too fast. Our annual accounts are due by 30th so let's hope an rns drops before that with a deal they have done.

The same as all that Ruvuma gas.

Until it can be extracted and sold it really isn’t worth much at all.

Cash is king.

At the moment we are asset rich cash poor so to speak.

Hopefully that will all change very soon.