Member Info for blackgold00

yes agree its not written in stone and nothing is for ever, but the PSA agreements have to be workable and shown to be beneficial to both parties, or nothing will be achieved, no new discoveries/development so not to greedy and not to soft.

"due to the TZ gov wanting to amend the terms of the PSA"

the Gov have already carried out a comprehensive PSA review, prier to issuing the Ruvuma PSA extension. so the latest extension would have incorporated already the PSA review recommendations.

though in saying that, the early production system would be much sooner 1-2 years? producing gas from CH-1 and the NT-1 and NT-2 wells.

i guess 2nd ?, is, once F/O agreed and rig secured, 2-3 years ?

60/40 ? we are talking of the oil (transit charges) and the upkeep of the pipe=line, of which 80% runs across Tanzania?

yes, thats what i was thinking CP. : )

yeh joel, the ultimate example , though i think RoJo might have a different term for us (Aminex investors) lol. i await his response : )

patience joel, patience

"Is another extension looming? mybe till Q1 next year?"

well the present extension is valid until April 2021 and will then apply for an extension as applicable.

my brackets
"It is acknowledged by all parties that the full work programme is unlikely to be completed during this extension period and the Company will therefore apply for an additional extension(s) as necessary and as (permissible under the current legislation)."

yes "one day Rodney"

tomorrow it is then cperkin : )

cperkin 04 Sep
"A week Tuesday?"

no RoJo, He signed knowing damn well it was the best they could do with the clock running down and no-deal off the table and a parliament full of traitorous weasels trying any which way to overturn and frustrate the out come of the referendum. Though i think thing might have changed since, interesting days ahead.

"Maybe he's like Boris?"
"Sign anything."

yes but with his hand tide RoJo, he had to sign didn't he, as that traitorous parliament of the time took no-deal off the table. laws are made or changed on prevailing circumstances, the important thing is seeking what is just and fair.

i wouldn't want to be out of these over the weekend : )

so do i Crusty, so do i

irishmouse, we need to be sure you are feeling lucky before you do. : )

hmm, luck of the Irish? irishmouse, may i ask whether you are holding AEX shares at the moment?

who is going to play the lead guitar ?

not a clue Crusty, ongoing costs and now survival as its turned out ?

"it was Aminex invested that money (or about half of it) in NT2...."

yes, but under the direct agreement with the Zubair's