Member Info for steve58

Just type solo oil broker forecast shares magazine and scroll down. I think you are correct that it is old broker note although using consolisated price so not that old. Not unless that they mean 3.25 ore consolidation so about 55 to 60p.

Target price 3.25p I would say that any one of our three investments is worth much more than that figure alone. Do these analysts live in the real world. Would be interesting to see how the low figure is arrived at. You can see that they have a lot of confidence in the company. Reckon they got the decimal point in the wrong place.

Great to see. Hope it lasts. Nt3 drill. Dev licence. Horse hill prolonged testing. Helium one ipo imminent followed by drilling and production early next year Must be worth much more than current sp on that lot on one of the above alone. Would be interesting to a rough estimate of just what all our investment are or could be worth.

Even at 1000 barrels a day. Equates to nearly �2 million a year income. I would think the profit margin would be quite high. So 20000 barrels a day with octopus type underground extraction in place would be over 40 million pounds a year. Be grateful if someone could check calculatons. But still very large income in relation to our current sp.

Looking a lot healthier than it has been for ages. Let�s hope it continues.

I would hope that at least the compressor problem would have been sorted and the production licence agreed. I trust we are not talking 2019 here.

Interesting. NXT Tec has received an Australian grant of about 480000 dollars towards their ground breaking building system. It is said to be similar to a Meccano construction Little or no waste no materials on site or any scaffolding. Buildings or modules are constructed off site transported to where the new construction is being done and literally slotted together. Apparently they have much interest from China already. They are currently assisting in the construction of a new hotel in Perth. This all sounds much more promising than previous investments. On investing the 50000 dollars it now gives us the option to participate in a further investment shortly. Interesting months ahead, maybe even a relisting as asset match dealing looks as if has been stopped indefinitely.

A this debating and arguing is not going to solve the problem of the sp dropping. Both ourselves and Aminex continue an almost daily spiral downwards. Whilst we can all argue for the boards removal the only people thato can sort it out are the current boards of both companies. Since nt2 drill success hardly a trickle of news. Imo most of the blame is on their shoulders. Nr is tied by what he can say. The problem is he doesn't seem to be tied by what he does. Whether or not it is in the best interests of the company and indeed it's shareholders.

Well said. Totally agree.

Can't believe we are still being reiterated as a speculative buyou from our former joint broker. Can it get any worse.

Def squeky bottom time but not selling. I do not agree with some of nr�s decisions although I think all three investments will come up trumps. I must say that I am very disappointed with the operator. It�s been a year since nt2 drill and all that gas. Since then an upgrade in reserves and a major problem at nt1. That about sums up the news from them in the last year. Of course being tens of thousands pounds down doesn�t exactly give me much confidence but I will hang on in there just like many others are doing. I�m sure all this waiting will be worth it eventually.

7. Complete sale. Thought I'd better include that one.

If for some reason Tanzanian is a failure in money terms. We have our other assets whereas aminex have almost nothing. We moan are nr but at least we don't have all our eggs in one basket.

Although I am far from happy with nr�s equity raising and spending decisions, I feel that now is not the right time to have the board replaced, As I have said before a fair chunk of the decline in the sp is the operators fault, news when it eventually comes is often confusing. The latest one being what should have been the installation of a compressor at nt1. We do now however have nearly 10% of horse hill and 15% of helium one, both of which could yield a very large amount of income. Ntorya and our Ruvuma assets are still there as well. Fundamentally the company is mega asset rich which should in time reap huge rewards for the shareholders. Hopefully not too long to wait for news we are waiting for.

To think I had my finger on the sell button at 1.3p old money in September 2014. Would have been about 80k up. Not sure if anyone has a higher break even figure than minecan beat mine but need about 15p.

I can see the resemblance. Although does look a bit like that actor in the spaghetti westerns. L** V** C***f.

Looked more like solitary confinement to me. Apparently if he promises to do no more dilution he will be let out for good behaviour.

IMO nt 3 should not need to be drilled thus saving the expense. Nt 2 should be given priority given the amount of gas in place. Too quiet for comfort from the aminex board. Wasn�t jay talking about 6 to 9 months to production. That was over a year ago. Once nt 2 producing then by all means spend on nt 3 4 etc. IMO solo should when possible sell their share return some to shareholders and concentrate on Horse Hill and helium one which I think will pleasantly surprise us all with the timeline to income and the sums involved.

The only difference we will notice ifs that we won�t get any more buy recommendations off them and save on any fees we paid them for the privelage. I sincerely hope that the mess we seem to be in at the moment in Tanzanier gets sorted soon. All seemed to be going well until results of nt2 drill were announced, gas seeping from surface, huge reservoir and high pressure. Reserves have been upgraded upwards again. We have nearly 10% of horse hill and 15% of helium one and yet still have a market value of under 15 million pounds. Where as it should be at least 10 times that on Ruvuma alone.

Just got a message saying you sent me a private message. However I am not a premium member. I could not access anything.