The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
P.S. I would like to write what I know about Malcy, but he’d probably sue me. Suffice to say he’s not the investment world’s equivalent of Jeremy Paxman. It the explanation of why that would get me sued.
Buffy
I just posted a very long post about AK and the situation here and I can’t see it. Forty minutes I spent on that post and it’s disappeared.
I haven’t got the willpower to write it all again.
As if I wasn’t already hacked off enough with how long it’s taken to produce not very much for me. In fact, I’m in the red, having invested at 30p before we started the Niger campaign. Who knew that 5/5 drills would be a success, yet the SP has performed as though they were dusters?
Why was this? Well, it was because AK went empire building, and he may well do so again by buying more assets that he can do little with.
He said there would be jumping off points. I thought he understood that I meant profitable ones.
He’s a young man on a large salary and options to go with his investment. I am neither young nor on a large salary any more, and no options. He could empire build for a decade or so if he’s allowed.
Buffy
Danawinner, maybe a bit more focus at MNRG, but plenty more placings. The last at 0.6p for the shares and 1p for the warrants did investors little favours, but good for the longer term.
Too early for me, but no doubt your intention to get more people piling in will work.
Buffy
I’m not sure why you think the results will be much of a surprise. We’ve had an FY 2020 update and guidance for 2021.
We’re only drilling one gas well in Nigeria instead of four over the 2020-23 period. That’s one drill in four years. Why is that?
Buffy
I’d imagine the queue to get in would rival the queue to see Tutankhamun’s treasures when they first went on display at the British Museum in London in 1972.
The old cycnic in me wonders if he will be on important business in Africa somewhere and there will be a live link. I went to one AGM where that happened.
Remember, you heard it here first.
Buffy
We’ve only been slightly off topic.
Royston and Kraken are onshore monsters.
Buffy
It’s believed that the sightings were in fact gigantic squids. The longest ever recorded was about 13 meters. If you were sea fishing for Bass and that surfaced, you’d also think it was a monster.
Buffy
We can only hope that Kraken is worth a few squid.
Buffy
M_J Figure out which question was mine Buffy?
Since you made this classy comment over on ADVFN: “ She took my question first (I won). ” it wasn’t too difficult.
Buffy
Well Monkey_Junkey, you’ve got transparency now, and delays. I assume you won’t be stamping your foot anymore today.
Buffy
It’s called irony Leapinglemming..
Buffy
They have an offtake capacity of up to 220,000 bopd, and are already up to 120,000 bopd. How long would NGC take to build a pipeline to handle that? :^}
Buffy
I read that Spawny and saw it as a positive!
We are not talking about a highly developed economy that doesn’t have massive energy needs just to keep the lights on, and I mean that literally rather than figuratively, let alone fuel for heating and cooking!
Buffy
Hi Bully, it’s really nice out; I’d leave it at home.
Anyway, sometimes the so called evidence doesn’t hold water.
Ok, now I’m really going to shut up.
Buffy
Buffy
Ok, maybe one more thing... Tobin, I know concrete can dry under water, but not any concrete. In fact we know that the Romans developed concrete that dries under water.
Concerete does cure, but it starts with water in it. Are you saying that all of the hydrogen and oxygen molecules are converted in the (chemical) curing process, and none can be left as H2O?
I used the term drying as a general term that everyone would understand, and perhaps I should have said set. It’s as much the tone of the response as anything that caused me not to let go.
Buffy
I m not looking for any comment from you, let alone an insult.
I’m afraid you seem to be limited by your all or nothing mentality M_J. When something dries it doesn’t mean that there is no water left in something. There is still moisture in our clothes when they are ‘dry’. If you assert that there is no water at all in a slab of concrete then I can get a Cementitious Materials Scientist to prove you are wrong. Even I am aware of the hydration/curing process. He told me about it two to three years ago when I laid my third (I think) slab for my patio.
You are clearly less educated than some gave you credit for or, as you have demonstrated, you think you are.
Enough said, except to say there was no need to be abusive.
Buffy
Not that any of that was relevant, although interesting, I would say that I thought that as the concrete hardens the water inside it evaporates through its surface causing water from deep within the concrete to moves through the capillaries outwards/upwards to the surface to replace it.
With all due deference, concrete does dry but not by your limited definition.
Buffy
I surmised as much M_J, but wasn’t certain, as your original comment suggested a fixed drying time. I wasn’t sure if it’s because you knew the specs for the pad though.
Buffy
Hi M_J,
“ Need to dig some holes for the pits and pour the concrete pad. Say three weeks work even allowing for 14 days cure (90% strength) on concrete, so early May is very possible. 7 days cure is 65% strength, so curing time could be less allowing rig setup sooner, so in 14 days start rigging up. “
Is the pad always the same thickness please?
Buffy
“ Of what relevance is it to discuss why most people are here when we are discussing asset values?. I...”
I’m not sure what happened there. I meant to write that I no longer need the validation of the masses.
Buffy