Member Info for Torreaguas

Yes, there are a few loons, thankfully most of them reside over on a d v f n, there are a few here but that place is the nursery for the nut jobs.

Exactly Ed, it was a very overdone fall. We could get over .20 this week without news. With news, who knows?

Someone said, lol,

This now seems a bit leaky? , good survey or a deal done on mambare or Brazil?

Nice move but much more to come imo.

Ah we rise and they appear. Stupid post

Nice start, either another large buy to be reported later or decent news on the way imo

No quotes to buy towards the end, unless you wanted a mill at .125

Tick up and 0.105 on offer now. Selling dried up?, if so we could start to move back to a more sensible level before news comes.

Buy price slowly moving up

Exactly Mike, I see it going back over 0.5p if they get good news out of Angola or Brazil.

Also the Mambare sale could hit at any time.

Another little friday top up from me.

In itself no, but we now know the survey is underway and the results will be subjest to rns.

I think the sp is about to start recovering.

Yes, agreed I got the well cost wrong. They can now get each one done for under $500k apparently.

Still achievable to get 1/2 done, maybe more as a jv or financing. If the current drills are successful then funding will be easy.

If not it’s game over anyway.

It amazes me how so many people who comment do not have clue about the business

Crownos, retaing the leas IS guaranteed, read the rns properly.

Vauch, they do not have to repay the $1m as they have not got funding.

All they need to do now is pay off some creditors (accountants probably) and drill some wells at $100k each, say 5 and keep a yrs cash flow. The current drills must be succesful for the new co to want to restart the refinery.

if the drills do 50 bopd each then we suddenly become cash positive.

Excellent, survey underway as they said.

Now 2 months have passed since the rns saying they had legal advice to complete the mambare sale. That should be close.

Also we are almost halfway through Q3. The new surveys were to be completed in Q3, so new should come on that front too. Then we have Brazil.

Could be a good bit of newsflow to come and anything positive and we go back towards 0.5 imo.