Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Sultan Al-Gaithi confirmed that drilling shouldn’t be affected by the wet season but may affect TPDC doing the trenching for the pipeline to Madimba. Better weather must make pad construction and transportation of the rig easier though.
The poor people of Tanzania have recently endured horrific weather, with floods that have caused a large number of fatalities.
By most accounts, May typically marks the end of the heaviest rainy season and the start of a long dry season through to the end of October. Then light rains for another 2 months before a further short dry season to end of Feb.
Let’s hope those next 10 months bring good weather and relief for the good people of Tanzania.
The timing also looks fortuitous for the pipeline to move from design to construction phase. Also, for ARA to prepare drill sites and transport the rig.
Ducks lining up!
Transport the rig?
What rig exactly?
and where from?
That's yet another question you can and should ask at the AGM Rojo because there is no point in asking stupid questions on a bb where you already know that nobody can answer because we haven't yet been told.
Are you really dense enough to believe readers will not see through your continuos line of stupid questions?
Ufufuo. A point on the transport of equipment, I remember Jay stating the roads were hard topped, so it would only be an access lane for CH1 as per the NT1 and N2
The pipeline as you say will be across a variety of terrain.
Ducks lining up? I believe they've been quacking for the last couple of weeks and more are coming.
Quack quack quack 🦆 🦆 🦆
Lining up to be shot down I expect!
... And it's not a stupid question. It's the right question.
Many posters here seem to think they have all the answers. Thought I'd check.
RNS tomorrow morning I think you said?
First class stupid question when you know there is no answer yet. Dear god man. How old are you? Grow up! 🙄
Well stop your vacuous misleading posts and predictions then drewky!
You said you were a little out of touch, but you are starting to worry me (though that post of yours has gone missing - censorship of free speech makes me so angry). Are you struggling with your memory? Just getting out for a walk each day can do wonders for your mental wellbeing. Please do look after yourself.
Let me try to help with your questions:
You asked “What rig?”
So, ARA have long said that they would announce the contract for the rig once the development license was granted. The license is now fully approved and just needs to be issued. So news incoming! Woohoo!
You asked “Transport the rig?”
Yes, that’s right. If the rig isn’t transported, it will be in the wrong place and when they put the pointy bit in the ground, it won’t hit the trillions of cubic feet of lovely gas that are going to make shareholders very wealthy.
You asked “Where from?”
Easy tiger! You are clearly excited and hungry for answers - which is great! Like I said, rig contract is what they’ve promised to communicate following development licence approval. The final approval was The Cabinet. That’s sorted and it is now just a case of issuing that approved licence. Rig contract - and the information you crave - incoming! Yay!
That’s why it seems fortuitous that we are now entering a 10 month period in which the weather in Tanzania tends to be much more favourable for on the ground operations.
Hope that helps. We’ve got some very exciting weeks and months ahead! Right, off to bed. A minimum of 7hrs sleep is recommended for proper cognitive and behavioural function. You should try and get some rest too 👍
Well uhoohoo, looks like you've got 10 months to get something right !
The troll does not want answers. How many more times do I have to say that?
For those that want answers:
29 April 2024 RNS
"This year will be a decisive one for our Company. We expect significant progress in the Ntorya project providing shareholders with several catalytic events likely to improve the Company's underlying value. Events have demonstrated the Operator's capacity to run numerous critical negotiations and operational workstreams while maintaining the full support of the Tanzanian authorities. The net result for Aminex is an essential shift in the narrative of Ruvuma, which can now be considered a potentially world-class discovery with a path to positive cash flow by next year - a remarkable turnaround for the Company since 2020."
They keep saying that since5year ago. still no license .no drilling.....where is RNS?around thehell corner?
Off to school soon , hope you enjoyed your day of yesterday , did you go to the swing park or do anything with your extra day of , don't forget your sandwiches and don't be late .
91joyo do you hold shares here , if so who's name are they in . Of to school now see you there
Baby trolls 👶🍼 One pen
Should be a good week here , news overdue and cant see anyone wanting to be out of this when it lands , as we have seen two weeks ago with a 40% rise onward and upwards , good luck all long term holders .
Absolutely Rellk! With news incoming, hopefully the share price will continue its slow and steady rise until next news drops.
✅ Scirocco deal done
✅ GSA signed
✅ Field Development Plan approved
✅ 25-Year Development License approved by all parties
Those were the things that shareholders said needed to be ticked off before ARA cracks on with drilling - that last one is just awaiting issue by TPDC to ARA.
Production expected within ~12 months. Got to create CH1 pad, transport that rig, drill CH1, then move it to NT1 to complete the workover on that well.
I’m excited to see what ARA can do now that the blockers are cleared. I’m also looking forward to the Knights MPR PR campaign.
Next month’s AGM should be a cracker!
Going blue atm
Careful with the barbs yoyo..vpn will hide you and your pseudo faces but mac addresses and device ids won't..
SP looking a nice shade of azure so far..
Looks like you're right joyo!
The RNS is around hell's corner.
Jollyboy thought he knew where it was, but he's wrong (again).
Just need Mr Moi today for the trifecta..
I think that rojo and 91 joyo are one and the same attention seekers maybe father and son , loosers
Just one letter difference in there current user names , they are defo father and son .