cperkin, I did not comment on anything other than a factually incorrect statement you made. Now that you've added another variable i.e. the price of oil collapse, I obviously would have a different reply.
Hi Kev, you are 100% correct about the FTSE but you also need to build in the drop price of Oil per barrel which in the same period has dropped from $50 to %30 per BBL a massive 40% drop. So considering the FTSE and the oil proce, we are holding quite well
cperkin posted: "Nice to see some of the positive news starting to reflect in SP, starting it's climb, as it should over the next couple of months. Not bad when you consider how much the FTSE has fallen in the last few months!"
cperkin, in the last few months (using 3 months for 'few') the FTSE has fallen just under 10% (6146 on 16th November to 5536 now). In the same period Solo has fallen just over 25%.
Imo TPDC would rather take a stake in the fast track of Ntorya than have seen it given away to Bowleven. Imo the deal would have been morally and ethically wrong quite apart from the massive injustice that would have resulted from such financial deprivation to the share holders..Think they could soon drill a couple of wells for AEX / Solo if they wanted to ! Let's get Ntorya fast tracked. Would result in a bigger slice for the people of Tanzania as well. Think it would be a good deal for us capitalists and Tanzania. Good updates from N/R. "COME ON TPDC".Good luck all. IMO.
Nice to see some of the positive news starting to reflect in SP, starting it's climb, as it should over the next couple of months. Not bad when you consider how much the FTSE has fallen in the last few months!
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