Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And this from ARa Petroleum website. Obviously published before yesterday's news.
Recently the Gas Sales Agreement was inked between the parties and APT has been told by TPDC that the Development Licence is imminent
So RNS any time now 🤞
According to him, the Tanzania Petroleum Development Corporation (TPDC) and its partners have secured a license to conduct natural gas exploration at the onshore Ntorya gas field in Mtwara region.
The above from an article published in.... The Guardian on 17th April
https://www.ippmedia.com/the-guardian/news/local-news/read/western-regions-to-be-linked-into-national-grid-next-fy-says-biteko-2024-04-17-101538
In the Natural Gas sub-sector, he said that strict management continues where under the Sixth Phase Government, a license has been issued for the extraction of natural gas in the Ntorya well in Mtwara region while the last license was issued in 2006.
Earl - if you are going to bring in randomly selected statements from the RNS without explaining context, read this line from the same RNS:
The Directors do not believe the current market valuation reflects the underlying strength of the Company's product business, its IP portfolio or the current market opportunity.
Lots of false starts. Price goes up awee but and everybody shouts "it's happening" and ask those in the sidelines pile in only to find out that actually nothing is happening. And back down we go. Ah well, at least we're not back down below 8. Thank goodness for that.
What news? The company already confirmed the agreement with the Chinese. This is just a news article about the deal and people clutching straws of translations - 'will' could just be an indication of future possibility in Chinese not a definite as it is in English.
It is the highest price paid by the offeror. People quote often assume it is the highest sp in 12 months. Even then, there are a number of ways of getting out of that clause about highest price paid by offeror.