Hi joe,no buy,s for 26 hours,it is one of 2 things,as we all know the buys and sells are not recorded correctly on these boards or most likely some one is holding back to fill a large order,I have a feeling a big one will show up soon,why would anyone sell there holding at this stage ?
See in the paper snow is all about,here in Lanzarottr tis rather hot and a bit windy,but the wine is cold and cheap,ain't life a b..ch,back to the office we'd what a drag,oh well,may be rich by then !!!!!
Nothing new to report or post - that's why it's quiet...we're still waiting..good to see a bit of blue..
Anyway - preaching to the converted I know but may be of use to newbies:
Where we are & likely upcoming re-cap:
Upside: Kiliwani Gas Sales Agreement will provide 1st income from Tanzania transforming Aminex from explorer to a producer. This will be only the 3rd producing well in Tanzania’s history.
Kiliwani SOLO deal (including the 2nd 6.5% conditional to the GSA) should sort corporate debt and will strengthen balance sheet.
US (sale to Northcote) production payments will provide extra income – adding to cash flow - nice.
Fully detailed CPR to provide updated resource figures and drill-ready lead prospects for further exploration and development/farm out.
Update on Egypt South Malak-2 drill & production – freebie – could be interesting.
Downside: We have 4 drill commitments in Ruvuma by end of 2016 – will need funding/farm out partner to sort that out without a cash call, but farm in should be easier to achieve if above milestones have been met. The completed Mtwara to Dar arterial pipeline will be the infrastructure in place and mechanical route to market to connect up if any commercial discoveries are made on any of these 4 drills – potential farmees will see this as attractive.
No update yet on Egypt South malak-2 drill or Moldavian asset sale.
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