The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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https://twitter.com/abdulsamadz/status/1230335867815911426
Click the picture to read the article.
To Answer babel first, yes the PSA is required for a licence to be issued. Frank, who knows, depends on if the stakeholders have already been involved in the drawing up of the draft, for example as in meetings between the Zubairs, other operators and the Gov?
could be months away if not longer so that article although positive mean nothing in the schemes of it to getting the Licence within weeks, just A opinion maybe Mr P has a different view on it GLA !!!
Has gone on far too long.
Companies will start walking soon.
They will end up with nothing.
I think it all boils down to their slice of the pie.
If they are not careful they will end up with crumbs.
The weeks if not months have gone by and still no news from our board. Complete silence.
If the deal does not happen they will have to justify their salaries and other fees that have been incurred.
I for one am not that impressed with the situation.
incoming, within the next 2 weeks
As long as they try to grab too much, as well as revising agreed contracts, Tanzania will always be poor. More fool them.
That is open to anyone who in this type of thing ???
Chris read that and that’s what Emanuel was saying so that’s great to confirm that part of the conversation with him, so in your opinion when will we get something on the Licence as it only a draft isn’t it and 2020 is slipping away, will they then get the go- ahead on the drill now or do they have to sign and return the PSA sorry but .... ???
Afternoon.
Thanks cperkin, so am I correct in saying that once the PSA is agreed then the licence can be issued?
All the best.
Current reports indicate that the PSAs review was completed by early January 2020and companies should receive drafts or final text by end of the month. However, it may not be easy to find out the proposed changes made by the review since government and companies do not disclose PSAs.
https://www.ippmedia.com/en/features/tanzania’s-natural-gas-sector-%C2%A0elusive-economic-game-changer
So the news on the draft looks like it was correct then.
Thanks to smudger63
Looked at sou Rns.
I wonder if solo could be interested!
Onshore gas in Morocco.
Even rhymes with scrirocco.
https://www.fxempire.com/markets/natural-gas/overview
Well up so far today.
As far as I know they are still in negotiations. Until an official RNS drops we are all in the dark as to what the outcome will be.
https://oilprice.com/Energy/Natural-Gas/Can-LNG-Kill-Oil.amp.html
Someone must be in touch with the board re progress those with big and double in their name for one , I’ve had nothing ! Rgds
Don't know why you don't just all filter each other and move on from personal discussion to share discussions.
I hear there is a meeting in Tanzania today with the TPSF (Tanzania Private Sector Foundation) hosted by the minister that completed the contract and PSA review to discuss the PSA terms and the amended law on international arbitration.
"They challenged me, and failed to challenge the rampers" is now your criteria, so just some personal beef as I was pointing out.
Neil, dip your dummy in some whisky?
Op, known as the troll who turns) a endangered species.
Yes Neil, after a look at your posting history I do say.
So your criteria for deciding who is a ramper is based on some guess the share price post by fjones. and yet you don't name any of the people with the very high guesses just a couple of posters you don't like. The very same posters that appear to post links to useful information.
Says it all .
0p
Neil Hannon, ramping some shares and deramping/trolling other shares and posters to make a little profit with no regard for others whilst pretending to be a good guy and posting lie after lie.
Probably the very worst kind you come across on these boards.
0p
Could almost be similar here. If this doesn't go up at least 200% when back on market it will feel to many that we have found a pound but lost a tenner.
Don’t worry yourself AA, Karma always wins even if they don’t believe, a bloke always rubbing people faces in it looked clum on Friday and when I asked what’s up he said he dropped his wallet with £1300, no one felt any sorrow for him and I rest my case with Neil, if he doing wrong he will get what he deserves too good or bad hopefully
Many are calling the bottom based on a 4 year gas cycle price based on investment in supply V demand. No idea if this deal will complete or not. Current European import price is back to the July 19 price.
I can't see natural gas prices staying this low much longer.
It has to be done within six months of first being announced, so 9th April.
The gas price has fallen since October from $2.33 to $1.84 per mmbtu.
That it the problem. We are probably overpaying big time.
IMO more chance of the deal falling through.