Member Info for steve58

Hopefully at least one deal this year.

Buffalo at $100 a barrel would have been great.

Back to reality.

I would like to think deal or deals were close to being completed.
The Buffalo disappointment just put them back a month or two.

Still basically at cash value.
If a good cash generating deal is announced must be 1p plus.
All imo of course.

Wouldn't be surprised by another share consolidation before any fund raising.

The nxt accounts were completed and filed a month ago so nor sure what our boards next move if any will be.

Perhaps they are finding it difficult to raise the £3000 late filing penalty they could have avoided imo.

Maybe the shares are worth a lot more than we think.

Company still showing as active.

Should be interesting to see how this pans out.

Morning Chris.

I can see another change of strategy with oil at nearly $100 a barrel.

Why don’t they just buy into some small producing fields in the Uk.

I know another strategy change would make the board look stupid but I’m sure they would be forgiven once millions of pounds of income comes rolling in.

With the current strategy this company is going too slowly.

I can see the current board going very soon and our strategy changing anyway.

Although not invested good luck to Union Jack holders seems it’s all coming good for them.

£15 million ten AD plants and £5 million plus income a year.

All well and good but hardly the 20000 barrels a day within five years.

Earning in a year what we could have earned in four days.

We wouldn’t see much of the £15 million anyway.

£10 million if we are lucky.

Evening Chris
So where has the £3 million proceeds from sale of Helium one shares and the £2 million from Prolific disappeared to.

We know the biogas deal was about £1.5 million but can't believe they have spent the rest.

Evening Frank.

Not very impressed by our experienced.

Where would they have been if NR hadn’t invested in Helium One.

We have had a name change an aborted deal and a puny little biogas deal in nearly four years.

Millions in fees paid out.

Not good enough.

They say and promise many things and have imo delivered nothing.

Are our board aware of the constant downward spiral of the sp.

Mid cap in three years.

Said it before more like small crap in three months.

Imo Ruvuma is a waste of time and money.

They have to spend millions to drill and costs currently exceed $20 million which they would be very lucky to recoup.

They made a right hash of the one dyas deal.

Could have had an sp of 50p plus.

Instead we are looking at one 80th of that.

Imo the board should be ousted soon.

They have shown to be absolutely useless at generating any shareholder value.

I’m not even sure if they ever will at the current rate of progress if that is what you can call it.

I sure hope so.

Been waiting 10 years.

Never thought it would get this low with our fantastic board in place.

Just trying to fathom out just what our utterly useless useless board have done in four years.
We even have a coo. Complete farce the whole thing. .61p. Sp.

Morning Frank.

The more I think about the aborted one dyas deal the more annoying it becomes.

I still think the companies excuses for it not going ahead were unfounded.

With the increase in oil and gas prices since the deal was aborted we would have easily been at an SP of 10p plus.

The money wasted on fees etc.

We were never informed of the possible losses involved if the deal had gone ahead.

It would be interesting to see the other side of the coin.

The profits that would have been made if the deal had gone ahead.

Maybe not sold at .75 bit average buy price adv .37.
Just over 900k shares.

Ideally they go up a bit and buy back in here while price is so low.

If only it were that easy.

Ok thanks.
The AD is bringing in much more than anticipated.
If income could be doubled every six months our mc would be cheap at half the price.

Sold off about 2 /3 rds here in last month or so still holding over 450,000 until drill or sale at least.

Not a very common occurrence an after hours price monitoring rns.

Maybe something is brewing.

Has been nearly a month.

For any short term holders 1p would be a good exit point.

It’s the long term holders in at 4p or more that need much more than that.

Although I think many just sold after the buffalo result so have little chance to recover them short term.

Afternoon Frank and Chris.

Still looking in.

Not really much to talk about here at the moment.

The constantly falling sp is not good to see.

Maybe another energy deal soon.

Currently sitting at cash value.
Any hint of a deal and should easily double at least.
Let's hope it's weeks and not months away.