Member Info for steve58

Maybe something to do with Longland Resources same director.

Very good idea.

If we ended up with an increase in our stake then all the better.

IMO the board will exit Ruvuma as soon as possible anyway so probably not worth the paperwork involved.

Does anyone know if we have to pay for the pipeline (25%) installation?

All the more reason to monetise as soon as possible.

Could be another few years before any profit. I think many of us are justhe do not want to wait that long.

Could it be that Wentworth are supplying most of the gas required ato the moment. Anything to do with the delay in issuing the licence.

Same for me nearly 16p to break even.

I can think of a few choice words to describe my investment here but will refrain as I don't want to be banned.

Licence news soon please or at least some news.

To be honest we may as well have spent our money taking on 100%
of the Ausible Reef.

Didn't need a large sum to bring it into production.

The only problem was the main owner and operator ran out of cash.

That is the point I thought we were going to step in.

Only another 900% to break even.

We seem to be scraping the bottom of the barrell here.

Even our new board have gone silent. Must be catching.

Not a very happy shareholder at the moment.

This licence has got to be sorted soon. The bod should be informed of any progress and should ask questions.

If solo walked away now would the Zubairs spend our share or does the spending promised include our share which we have to reimburse to them.

What’s that tv programme called. I’m in Ruvuma get us out of here.

For all we know the licence could be done and dusted. Could it be the Tanzanian government want such a large percentage of the take that it may not be worthwhile spending the sums involved to production.

We shall hopefully find out in the small print when it is finally granted.

Since the trouble with the ntorya well and the ongoing licence saga, solo have lost over 20 million pounds in market value. Does seem to me that without the burden of Ruvuma we would have had a much higher sp without the uncertainty we have at the moment. Of course if the licence isn’t granted the sp will probably go much lower still.

At the end of the day we need the licence and soon. The board can then decide how much further to take the project before monetising it.

If for some reason it is not issued and Zubairs pulled out of the deal, have the aminex board made any contingency plans as to the future. At least solo have money in the bank and other assets to fall back on. We must hope that the licence is granted before the end of March, but going on the slow progress of things can we be certain it will be.

Just hope the aminex board realise that only 83 days until the end of March.

Hard to believe it's 7 years since likonda drill.

Holders of nearly 3 billion shares either weren’t eligible or couldn’t be bothered to vote. Just about sums up the current position regarding the licence.

Market does not seem very interested.

The licence is the priority.

Without it everything else is meaningless.

They have about 86 days to get it sorted or the zubairs will walk away from the farm out.

So if solo are still in the project we have to find millions to build a pipeline if I read it right.

Still no news on vote. Maybe it’s closer than we think.

New news maybe.

Will we get an rns regarding licence before egm starts.

For everyone’s sake here and at aminex let’s hope all goes to plan and soon.

All the best for 2019. I’m sure we shall have plenty to talk about in the coming months.

And If it doesn’t?

Sorry to put a dampener on things.

Of course the most important thing is a yes vote.

Let’s hope it’s not another close one like brexit.

In at an average of about .0005p but £10k invested here so all the more reason for relisting imo.

We certainly have the funds available for relisting.

If the board had wanted to just wind the company up after the sale of the limestone business they could have easily done so. Instead they have chosen to invest in this high tec building company. They obviously see future potential.

Let’s hope so third time lucky.

If any further investment has been made it will be interesting to see what shareholding we have in nxt tec.

Ipo or even an rto possibly.

The next update due soon if the previous timeline is anything to go by.