The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hi all, Is it worth reminding folks to take a fresh look at ARA`s website regarding their executive summary of the Tanzania asset! Quite a good read if you ask me.
Yes emptyend, understood and accepted. We can but hope :0)
There will be a process. Host country awareness is normal practice.
I have no idea how far advanced plans are. It may not be impossible to cover off a number of unknowns in one RNS - though I’d agree it is questionable.
I have another holding (PHAR) where there are a number of outstanding, but linked, issues (rig contract, rig availability, well cost, drilling plan, timing…..and partnership/farmout). I’m expecting those all to be resolved in one RNS - and it might be similar here, given that the licence issue will have been known about in advance.
Any further information re future work programme and timings would of course be good news emptyend but the last we heard ARA had not even signed a rig contract, so to what extent that timing information is currently available is questionable methinks?
I'll believe that when I see it BG.
Good morning emptyend - and will that RNS require the TPDC (or similar) to run their eye over it first?
CP,
I remind you of my comment yesterday. Nothing can be said without being in the possession of written evidence.
And there is the additional question of whether any RNS would contain further info about forward plans, well timings etc.
I don’t know about the latter, but would be interested to see such info.
"We need that RNS !"
It's coming RoJo
Dunno who he is Crusty.
I try not to take any interest in the ramping lunatics. His grammar is not very good !
We need that RNS !
Very much Crusty
Morning Rojo, yes you are right having looked again it is more than £55k! Never ben too good at mental arithmetic - well not after a few beers anyway :0
I don't think anyone doubts the Dev License is a "done deal" but if the sp is to continue its upward trajectory we rather need that RNS - and quickly, methinks. I am a little disappointed that we haven't seen it already albeit NOT surprised, for reasons expressed yesterday.
Whose new avatar is this "David6576" do you think? Their style of ramping looks very familiar - Neil777, CODEFRED ?? What do you reckon RJ?
With this licence gas support and lots of wells are linked. Expecting coming sessions from 5 to 10p.DYOR.
Yes we waited decades.This 25 years licence worth billions and market cap is dirt cheap.5p looks very conservative on official licence update.
Can't see 5p anytime soon. At least not until there is a drill in the ground. Progress though. About time. Now let's hope they crack on.
Hopefully rips through 5p as we've waited a decade for this.....
This licence milestone for company.Linked with gas and oil wells.Also gas supply.My target on official update is 5p.We waited several year for this huge development.
Only £55k up Crusty?
I would expect with your millions of shares that you'd be up more than that.
Still another day tomorrow...
I be
Wonderful though isn't it for months, if not years , we see no action ands no new posters here and all of a sudden, the price ticks up and they all appear out of the woodwork! Aminex afficionados, providing all and sundry their opinions and expectations gleaned from their extensive experience and knowledge of the company, when most have been here for all of 5 minutes. Rainbow chasers and chancers!! Laughable.
5p on official confirmation of the Dev license and similar tosh. Thankfully most here have been around for too long to be taken in by the BS - I only hope that some of the newcomers don't get taken in by the hyperbole and embellishment.
I note that having kept a low profile by the experience of the last two years haggismctripe is back and in full voice - We can only hope that his current predictions are a little more accurate and believable than they have been proven to be in the past.
Anyway upwards and onwards, it has been a great day (I am about £55k better off than yesterday! :) let's just hope that this is a sign of things to come and not yet another false dawn; confirmation of that Dev license would be good - and the sooner the better.
In short Tanz - total b0ll0cks
Crusty - there are other posters on here who definitely did not want to hear this news, Prosciutto for one who predicts Ara, and the Sultan could stitch us up and will steal the big time away from by making AEX penniless. What say you that end story ?