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What a chump! I missed a rare opportunity at midday. And we all knew it was imminent.

. . . looks as though we will have to be satisfied with ~16k - 17k daily shipments for the time being.

I had overlooked the erosion control works and realise now that there is only one supply boom from the eastern jetty. The western pier is confined to goods receipts and other services. Roll on the next stage commencing May 8.

Fair comment - no offence - although I was invested here from 2010. Lesson learnt.

It is thanks to MT on ADVFN that I become aware of LaLuna shale characteristics and composition . . . well worth study if anyone is considering wider investment in AXL. And political weight / leanings have to be reckoned with.

https://www.sciencedirect.com/science/article/abs/pii/S0921818121000096#:~:text=The%20La%20Luna%20Formation%20%28Albian-Coniacian%29%20is%20a%20series,periods%20of%20oceanic%20anoxia%20in%20an%20epicontinental%20sea.

Several papers appear on the subject.

My loss here was small but the link below reinforces abandonment of risky habits and misplaced beliefs in wildcat schemes. Too many AIM companies are now dumping their camp followers.

https://uk.finance.yahoo.com/news/aim-another-firm-bails-listed-061812543.html

Webcast 09/05/24

https://stream.brrmedia.co.uk/broadcast/660bc6a92eae5d4dcf2e6319

Although adding @ 8.98p (reducing average) I could have been more alert to yesterday's news: very few AIM companies, if any, are able to eliminate $25m debt in one swallow. Perhaps this steady SP improvement could run for a few days yet.

Item

a) the document added to the website indicates how far and professional the company has (be)come. I cannot recall any AIM listed outfit with a similar ethos. Having been here since 14p I regret some tinkering along the way

b) the most recent satellite pic of Bretana shows a now very busy quayside with 4 x 20k and 2 x 6k barges alongside

c) I hope James Perez and brethren have finally been muzzled at Iquitos, Requeta and Saramuro

d) Sturm, are you keeping an eye on i3E . . . and am I correct in guessing TXP will get its act together within 6 months ?

. . . Swindells has perhaps sucked in too many of us once too often. Care required.

A) -5.243846, -74.328064 (see satellite view . . . zoom)

b) greatly looking forward to 3D SE-extension advisory, Yurimaguas and Providencia update next month



Https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

Record month in prospect or very close to it. Surfeit of bananas for the cage. Have dropped anchor and now digging around the Kabompo Dome and the Great Dyke (the next big movers). Marshall Abbott and Majid Shafiq also progressing. can Paul Baay make some headway ?

Overall, that was an intriguing update from Phoevos. Buoyant few years ahead. Some further insight from Ilja would be welcomed. Vasbyt.

Surprisingly excessive kneejerk to reassessed short-term constraints. The pullback may come to an end in quick time as drifting stock is being taken up without fuss.

My only concern had been absence of adequate programming for returning high water cuts to basement, but the matter is being addressed. Initial horizontal plan is to test very modest lengths in highly porous sandstone. A great deal will be learnt from the first result, and those that follow will be suitably redesigned.

Those who have studied literature on the Bakken and Missi will be aware that high pressure w/cs from the Andes watershed are essential.

DD)) . . . real optimism there. Overall, my greatest near-term expectations are pinned to 3D results on the SE extension. If spectacular Manolo could well be on his way to a $2bn valuation.

. . .

Events outpaced me but I got a decent wedge in @

Hail, Caesar. I pinned many hopes on SHG, knowing Rosterman/Lihranda, Mbeya/Saza, and Singida/Mang'onyi to a lesser extent. Also, recalling junior days wandering Commissioner Street and Chamber of Mines/Chamber of Commerce similar behaviour and treatment would have been quickly exposed. What a heist here.

Https://www.bullionvault.com/gold-price-chart.do

As a last resort can a fixed and rising bullion price finally scupper the Patel grab? I would like to think an attainable $2250 (or above) finally torpedoes the so-called "final" offer.

OK, noted . . .

Https://wiki.anton-paar.com/us-en/crude-oil/#:~:text=Light%20crude%20oil%3A%20API%20gravity%20higher%20than%2031.1,gravity%20below%2010%20%C2%B0API%20%28higher%20than%201000%20kg%2Fm%C2%B3%29

Point taken @ 12:24 - 13% API is a material fact negatively influencing an investment decision. It rubbishes what MA has stated and should be corrected immediately if unsubstantiated.