The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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At lease it getting people chatting on here and there
Hi all, am I by myself in reading this rns as yet more waffle to attempt to keep share holders happy
The way I read it is the Media is telling companies things are starting to improve in Tanzania not the government.
In my opinion it is still just as corrupt and run by incompetence as always. Just look at how long its taking for the
remedial work to be completed and also how difficult to get payment from them. Hope things improve
Hopefully/probably/could/should we will have to wait and see, AEX SP on a blue is now flat so market non plus on the news, I seen the crumbs today and grateful for any update, until I hear the words “working with Aminex” from the Goverment I cannot take Aminex losing the farmout deal and going bust so I await more concrete news, the way I see this share and AEX is 100% I will make big or lose more than half my investment, which way it goes I simply can’t say at the moment as nothing hear or there has gone anyway to plan, only 10 months to go but 17 trading days (23/03/2020) to go whether I dump and move on or pump more funds into AEX, funny enough thats near or bang on the last of the predictions for the Licence to drop GLA !!!
Surely we should hear something in the next 2 to 3 weeks if the PSA is to be issued at the end of this month Frank?
I don’t think we hear anymore until Apr/May really and esp on the past record, but the fact there getting staff and a office what I read it a positive, only a meeting with the Goverment will shed full light on the situation, it great we had a update and I felt it positive not negative as some suggest but it is the can being kicked a while more, we need this News on H1 and One Dyas badly so this stock can be floated again but if the board is reading posts not in the next 4-6 weeks please due to the stock markets crashing/downturn I believe GLA !!
lol steve, we have all been waiting years, so impatient you are not!
Friday might be a stretch, but the triple, Licence, IPO, Deal (or no deal) by the end of March is not impossible.
Do you think the Licence is months ago Chris or a matter of weeks, well I’m trying to work out what we gained from this RNS but I been banging on for weeks and weeks to say something so can’t complain, maybe progress has been made finally ???
Morning Chris.
I'm just an impatient old **d.
Let's hope the deal gets done the licence drops and helium one ipo
All by Friday would be great.
I think we will see the PSA very soon steve and the licence should not be far behind.
They should have the PSA terms by the end of the month according to this article earlier this month.
"The PSA report was completed early Jan and companies should receive the text by the end of the month!
https://www.ippmedia.com/en/features/tanzania’s-natural-gas-sector-%C2%A0elusive-economic-game-changer
Gives me little or no confidence that the deal let alone anything else will happen in the near future.
The months are going by we have had no income for over 2 years now.
As I have said we are basically a shell company with assets which are worthless until licences etc are sorted.