Thanks Buffy/trytry.
That would be fitting with Paul’s statement around a 20 well program. So 3000bopd by this time next year then?
Certainly a great stock to hold and load up into at these levels. Upside far outweights the down imho.
Tom difficult to own them all, plenty of dross floating on AIM but also some good stocks around too I wouldn’t mind some exposure too. Certainly not enough for me personally to start selling down Tlou to chase hah.
Another cracking company that’s largely under the radar is TXP.
I know Tom, his family must be proud.
Seem we hold a lot of the same, ARS and HUM also taken a decent chunk in UOG of late so expecting good things across the board.
2018 should be a great year especially with TLOU.
He’s still posting lies and misleading people.
Good that everyone has him filtered and he appears to talk to himself.
Nothing changes there then lol.
Share price will continue to do the talking and leave him looking even more silly than he already does.
Hey Tom i am thanks hope you are also?
Ah yes donkey40 is infact Kenmore, the same sad individual who moved to hot copper to be banned and I believe also that the owner of the ADVFN board banned him too. He then went premium and paid just to bad Tlou.
Very sad individual.
To get in now ahead of two pieces of significant news especially if buying in any decent size.
I think the importance of both pieces is not to be underestimated.
Botswana Officers pension fund are behind it!
I’d imagine with the 10 wells being concluded before end of August we may see a further program before year end.
Going for 5000bopd and paying a divi this will be a nice little earner with plenty of growth upside yet price is still at the beginning of the cycle.
Also buying on market taking holdings up to 11.1%.
Look at Comparable producers in T&T, CERP for example is trading at £35.5m on around 550bopd last time I checked.
TXP currently at 1500bopd with 10 wells set to take this to around 2000-2250bopd all fully funded yet MCAP is £15m??
Mamba core began before quarter end so should be completed now.
The final core will be assessed and desorption testing commence and figures passed to SRK to conclude the final piece of assessment on their reserve review.
That imho will come first and along with adouble I agree that the Reserves figures and contingent resources may be enough to green light government to further justifiably award the lions share of the tender to Tlou.