I don't think there's any question that there will be plenty of demand for our gas. Demand is growing by the day both for power and industrial use. We've shown we can get gas to market and the demand was there. The big upside for use now is proving our gas exists in huge volumes at Ntorya. By drilling N2 it will allow us to begin production infrastructure with a spur line being built to the main pipeline or to industry at Mtwara, both will require supply. However, by drilling N2 and N3 successfully we will bring a huge amount of resources into reserves category. That should increase our MC to 10 times todays values, at least, and bring about some takeover offers !!
The daily news article mentions construction of new 220/33Kv stations at Madaba and Songea (power stations?), the Tanzaniainvest article mentions that Kinyerezi II project is one of four gas fired power plants meant to add over 1000 mw to the national grid.....are Madaba and Songea part of these four? or are they substations?????
Another possible interpretation is: we know from the article that there will be an expanded sub-station at Makambako (phase 1), serving new distribution lines to Ludewa, Njombe, Rural and Urban, Mbinga, Namtambo in addition to Songea Urban and Rural (phase 2, completed by December 2017)............however at the same time work is underway to expand power generation with the construction of Kinyerezi II power plant which will be supplied with gas from Mnazi bay http:www.tanzaniainvest.com/energy/Tanzania-starts-construction-on-240-mw-kinyerezi II-gas-fired-power-plant/ to meet growing demand for capacity from this expanded grid, completion of this project expected to be in 2018 (21 to 28 months from project started as stated in article dated 24 March 2016)
I can hardly curtail my excitement here to day,perhaps Crusty informed the market that he was away in France for a few days and told the market to hold back all trades until his return,or has Borris given you all an extra days bank holiday but forget to tell you?
It would be great to see Jay and NR doing some interviews with local media. This would be a great opportunity to win some hearts and minds over there and promote Aminex as a company which will work with the locals to improve the quality of life for many.
At least Solo will be providing plenty of coverage of the tour. We can rely on NR to milk it ;-)
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