Solo Oil Share Discussion Threads

[wolansm] 07/6/2018 07:50

If I ever buy a dog I'm going to call it Solo

[1bonanza] 06/6/2018 09:54

Entering the death roll zone.

[doerx2] 06/6/2018 09:20

Got to laugh at this pos

[doerx2] 05/6/2018 23:18

Sle should be a reminder where Nigeria is concerned.

[nicky21] 05/6/2018 17:50

Guys you really need to check out COPL currently to buy 0.55p.

A potential to be a multi baggar.It tried its luck in Liberia but failed to find any Oil.It is now concentrating in Nigeria.There it has partnered with Shoreline a Nigerian company.
Copl and Shoreline have ventured together and created a company called Shorecan which is owned 50/50 by both.They have bidded for a Licence and are awaiting Approval and Transfer of Asset.
The asset is OPL 226.Five wells have been drilled on OPL 226 by previous operators.A well drilled in 2001 encountered Oil.
When all approvals are sorted then it will drill an appraisal well on the discovery in 2001.Financing for the drilling is meant to be secured for rumours are true.

What is holding the share price back presently is NNPC approval.

$60m was spent on this asset by the previous operator.the potential for Copl is huge.
I know most of you gonna say its another Nigerian scam.IMO i think it is not.Presently we have 2 Nigerian companies listed on the LSE they are Egland Oil and Gas (market cap £250m) and Seplat Petroleum (market cap £850m)

Copl management wants it to be a mid tier oil and gas company ie £250m-£500m

All to play for.Current market cap for Copl is just under £10m.I think its one of the best plays on the LSE.

[whoppy] 05/6/2018 15:15

Solo going up now, but still below 3p. Worth a punt now at these low levels. Can get an easy 30-50% rise for free, before the herd arrives.

[whoppy] 05/6/2018 15:04

Looks like some big news coming at Aminex. Hopefully Tanzania related.

[whoppy] 05/6/2018 14:47

Aminex definitely moving up now. News tomorrow or this week?
They are due news on their farmout discussions.

[whoppy] 05/6/2018 14:41

The company is stuffed with valuable assets, just no way to realise them. However if a partner came along or a deal done then I'm sure Solo would fly. An AEX deal would rub off here and make the big gas numbers speak for themselves if there is a laid out plan. Granting of the 25 year development licence will obviously give a big boost to sentiment. HorseHill will be starting this week or next. Drill rig should be arriving at HH this weekend. They want to start work early Q2.

[kwizza] 05/6/2018 14:26

Can't they use some of the Helium to raise the share price :0)

[whoppy] 05/6/2018 14:21

I bought some at 2.6p. Farmin on Ruvuma done? I see a big buy on Aminex of 2.5m this morning, so think some news will drop soon.

[m0rrisminor] 05/6/2018 09:44

Unfortunately MrPastry is rather busy with his new invention can't go into much detail involves a bike pump water and flour also a balloon any news regarding solos progress is on hold till the summer holidays are over.

[barony] 04/6/2018 16:28

We need a statement from the bod, otherwise this will continue to fall.

[temmujin] 02/6/2018 13:16

Helium One
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@Heliumone1
May 31
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Our Rukwa Project is a tier 1 asset, with #helium concentrations up to 10%, and is the largest known primary helium resource (have a look at our website). Supply issues may not be a concern for much longer. @Google @netflix

[temmujin] 02/6/2018 13:13

whats happened with the helium one investment?

[m0rrisminor] 02/6/2018 12:47

Gut feelingtells me they are going to release the 25year license very soon and a offer is about to be made.

[1bonanza] 31/5/2018 09:50

This is nearly back to where it was eight years ago, prior to 20-1 consolidation and billions more shares in circulation. Cracking shareholders value NR, keep up the good work.

[cperkin] 25/5/2018 08:08

Aminex of course is not Aim but main market. "Cracking it" is very much dependent on the current farm out negotiations between Aminex and the Omani's - after all what are the Omani's farming into, a PSA - they will need a licence won't they?


Current market cap only covers the money spent to date in Tanzania, none of the 30 million Barrels of oil or 0.5 TCF discovered is in the MCAP. Will that change with a licence and farm out with Aminex?

Good luck long and short term suffering holders.

[m0rrisminor] 25/5/2018 07:43

Has any aim company cracked it in Africa Looking at Victoria Gas it seems an impossible quest, I fear aminex and solo

Are in the same predicament?.

[m0rrisminor] 24/5/2018 18:08

In the name of decency Niel Ritson resign.

[simon8] 24/5/2018 11:13

Wondering how many times the share price would multi-bag if Ritson did the decent thing and resigned or finally got the push.... He is a huge drag on this companies prospects.

[1bonanza] 24/5/2018 10:34

He would never have left the runway, the fuel diluted and consolidated so much the taxiway would use it all up.