Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Problem is we have been waiting for ages and still no news.
Looks like stalemate to me, no volume either way. The licence can be issued anytime and nobody has any idea when, next year, next moth, next week?
Boring wait though.
When is the price a good price? I think we will see sells to the bucket load... Its getting to a point where license will not arrive this year.. I think serious questions needs to be asked why the government won't give us the license.. When it is in dire need of investment..
if it wasn`t for buys by afew on here I feel it could of been a lot worse really, the lower it gets the more of a bargain it will be I hope and will stay around a price, to think this was 1.56 in October, I know I`m well down on my 3k but I would of been in the thousand`s by now so thank god I offloaded most, however if it drops soon it going to go way higher than my sellout price so no way celebrating as I`m losing too but just the amount I`m losing as I expect the Licence to drop before Xmas and will be topping up again at some point, where lets see whats happens as I may not get that chance really GLA !!!
Looking at a probable 4th drop in 5 trading days I'd say you're right buckler.
Not good though as I think we were all hoping to hold the gains and make more.
That said my average is 3.4 so any lower, with a reasonable spread, will be very tempting.
That article don't mean anything as nothing concrete has happened in over a year. The Tanzanians are speaking with fork tongues. Do they actually want this project to get off the ground? Their words don't match their actions.
Just another article from 9th November to remind us. Tick tock
http://tanzaniapetroleum.com/2019/11/09/aminex-accelerates-its-drilling-programs-in-tanzania/
Back where we were 03/10
Fjones.. I think you can forget the license this year. If it doesn't arrive this month.. Then I strongly belive it won't happen till q1 2020. That's a shame.. But that's how it is. I can't belive all the positive noise coming from aminex etc suggested it was immenent. I think you will see a the sp play it's self like a yoyo over the next few months. Good luck to us all..
always a concern ian12 or ARA too could be included in that although at this stage of the proceedings not a chance, come Mar/Apr 2020 if we still waiting I will start to have a nervous bum :o) !!!!
You can see why there's so many placings, due to delays, makes you wonder if the Tans Government want us to fold so they get our assets for nought!!!!
Local elections in TZ next week.. Could delays be political?
This is beyond tiresome..
This is going nowhere what with the authorities doing all they can to delay things. It's just a farce that this situation has gone on for so long. The Tanzanians are not being as helpful as they make out.
Very strange to go 10% up Smudger on 110k's worth of shares traded, mostly of which show as sold. Maybe something to do with their Divi. Then again maybe they've got good news for their own awaited awaited approvals. Mick2020 still stating as he has done consistently, little old Aminex plc is heading for the knackers yard ! I think his latest prediction is that we wont be around this time next year. Well he could be right but how does he possibly know we are going to strike it big at Chickumbi and get bought out by the Zubs for £1 a share !?!
Genuinely pleased to see an uplift in the WEN SP today. A snippet about growing demand included.
https://www.energyvoice.com/oilandgas/africa/212372/on-the-up-in-tanzania-for-wentworth-and-orca/
Indeed GL, the contract review was completed back in May.
https://dailynews.co.tz/news/2019-05-305cef8647f10c8.aspx
Lets have another review so we can delay things longer
What a joke this country is they want investment but want all the upside and give investors very little.
BF - 'Have to start looking for the real problem here. @TPDCTZ..'
Last I read the reviews were being undertaken by the office of the attorney general.
https://www.thecitizen.co.tz/news/Government-aims-for-more-natural-gas-returns/1840340-5135182-qx158wz/index.html
Still wrong, leave it as it is!!
Sorry last message should read ****ging and not ****ging.Good old auto.
Well said Stick,Bucks is the keenest person on this forum for this share to do well but at a really low price so he can come back again. He deramps like mad for this reason because he made a real pigs ear when he held. Good knowledge of the shares game, intelligent when he does not do the kids stuff,****ging people off.
Hope you are correct smudge, I’m just fed up with the waiting really
Less than 7 million traded in total, market is indifferent I would say.
Hope the only hole is the one the first Drill makes. If the plans presented are realized there should be more drills. They may re-enter NT-2 to get the scuffs up.