I think he means making assets as in multiple ventures for the business
Ntorya is awaiting a CPR and GSA, if they both come good Solo and its investors aren't being conned at all, I don't see how you see it as being conned really. The question of why didn't shell do what Solo did and join in with Aminex is a simple one really. Would you expect Shell to jump on every exploration worldwid??
Put your point across constructively, say why you don't believe it is a worthwhile company, don't just call people mugs and ramp a share that has fallen since I've seen you recommend it. The facts for Solo is they have 2.3tcf of gas in one part of Tanz, then Kiliwani on top. An investment in PAN which although has came to anything yet there is potential. Reef could even start back up if they get funding. There is potentially 16 million barrels of oil in HH which is disappointing but could recoup the costs in the long term if it proves commercial.
Gazza, you don't have to be nasty towards people who invest in a company you don't believe is going anywhere....
Come on then Gazza, tell me why? Sell them to me...
If I had more cash available i'd be buying more.
jmh, HH is disappointing but for Solo it wasn't the biggest asset it had. Tanzania is. 2.3tcf of gas, another company recently signed a gas sales agreement for around $3 per cubic metre... thats where the money is for Solo. in terms of sp... so many guesses out there but I believe this is an undervalued share on the back of Tanz alone and now is probably time to buy