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I do not expect anything now until after the Energy show is complete largely because before we get an RNS and, as emptyend pointed out, ARA will need written confirmation of the 25 Year Dev license completion before ARA can release the news to AEX and AEX can release that RNS. With so many "prime movers" at that show/conference I suspect little will move until everyone is back "at their desks" - plus there is the issue of the RNS "approval" before release.
Though as Edgar says and I agree, it is only a question of when and not if we will get it. I am also sure that it will have a positive impact on the sp - though quite how much of an impact is likely to depend on what, if anything gets announced with it? As emptyend has pointed out it could come with a slough of additional activity or pointers to the timelines for such activity. Anything will help - with the possible exception of confirmation of the execution and extent of any uptake of the TPDC's back-in rights. That could have the effect of a considerable dilution.
This weeks Energy show has bought good news and lifted spirits, a few of which were drunk on Wednesday evening. With the expected confirmation due at any moment the 14th to 16th May summit will likely bring even more interesting news to the table. I think we will see a steady news flow throughout this year and beyond.
Were you not underwater needing 4p at one time RoJo?
Now it seems to be 2p so it seems you have been buying cheap on the sly π
...so sayeth poor old Under Water Eddie !
If they are doing a signing ceremony, from memory the last one (the GSA) kicked off the share around noon UK time...
I still don't care though ;). It is when not if.
Well Jollyboy - you've got no choice other than to wait, and wait, and wait, and wait...
Staying Jolly like Roger seems a good way to go here.
..And I have no problem staying long and strong here around now, but understand that this stock, like most others, will have its fair share of bedwetters involved too...
Free world that it - mostly/kinda - is, it's not for me to scorn anyone for bed wetting, even adults.
Thinking of the ideal release time. π€
11am today could bring big movement and make news in the weekends financial press that will bring the herd for a massive rerate on Monday.
Any thoughts on best time?
Tbh as long as all the I&Ts are dotted and crossed I can wait.
Looks like we're going to be getting morning tree shakes until the RNS drops. Cant imagine people want to be out for the weekend so I expect we will finish blue
This is Tanzania, there has to be a photoshoot. Say cheese π
Most likely Monday but watch out for an intraday
...I think you've told us that Haggis (about 40 times).
Dkt. Doto Biteko is not just the Deputy Prime Minister, no, not just that, he is also the Minister for Energy, so if anyone knows the Licence has been granted, it is him, and he's the one that told the press.
How long from sign off to delivery to ARA is the only question.
Good advise .
Just ignore 91joyo, he got the boot from the Telgram page for the same constant drivel
We all know your agenda so be a good boy .And do us all a favour and move on . I suspect that since your mention of drugs you your self are on them .
Youhad too much drug in your head
If you cant wait just sell and move on . bye bye
It is coming, don''t be impatient thats the trouble with your sort .
Where is license?
too much fake news
All the required agencies have approved the licence and they have submitted to the cabinet for final approval. Signing a gas sales agreement with Tanzania Petroleum Development Corp. (TPDC) in April, APT reported the issue of the licence was imminent.
βThe authorities also expressed the importance of energy security for the country and its people. With this latest seismic data showing a significantly larger gas resource and with well matured plans to extract the gas for domestic use, we have every confidence of receiving the licence and progressing our work,β said Aminex.
I noticed but knew what you meant π
The Albian MTC mass transportation complex prospect as highlighted on ARA`s website is what most excites me as it looks a huge prospect!!!!!
Sorry RJ obviously I meant when NT3 became CH1 !! ;0) Sorry.
Sounds plausible. I expect all will be revealed in the upcoming news flow.