Member Info for blackgold00

What is your break-even price RoJo?

Yes, I have RoJo, well lets see what news we get in say in a month

"Aminex now anticipates early issue of the Development Licence which will allow the award of a rig contract and enable the drilling of Chikumbi-1 and the workover of Ntorya-1. The testing of Ntorya-2 is now scheduled for mid-year using an in-country mobile test unit."

At this moment in time, 2.5p would be great 🙂😀

Well, I'll wear that as a badge of honor rojo

Which one ? Lol 😂

That's not fair, why am I only in sub set 1 and Cperkin in 5 : (

And where do you lie RoJo.

"I can see him now, all dandied up "

Ah RoJo, and I can see you now, In some seedy boiler room typing your posts and being given tea by a sad old boiler. Lol 😀😅

Glad you see it as positive news RoJo, 🙂

"TPDC MD Mussa Makame added that the completion of the project would enable the development of other natural gas activities to be carried out, such as the construction of infrastructure to collect gas from wells and for preliminary cleaning, the provision of water and the construction of a 34 km pipeline to transport natural gas to the processing plant located in Msimbati, Madimba in the Mtwara region."

RoJo, can you read the board behind Mussa Makame and KS Energy Group CEO Steve Martin. You know they reckon there's alot of gas in Ntorya, can't wait to see the CPR 🙂

"...and does Aminex have ANY CHANCE of actually getting gas to market and selling it for a profit ?"

Duh !

"and even that was signed by Ndovu and ARA !"

Dur !

Of course if a viable solution ( new well, re-entry etc) then they will. Re the 3D seismic, I wonder how much if any, of the designated area to survey was completed, before it was cancelled. It might be that the had managed to complete the land based area which contains the Kiliwani North prospect?

"Licence expires 2036 with no further commitment"

"Production Focus (Kiliwani North Development Licence)"

"Licence expires 2036 with no further commitmentsThe company is preparing for a low cost remediation of the Kiliwani North-1 well in order to restart productionExisting gas sales agreement and gas plant with capacity to tie in any new wells"

" - just as Scirocco are and always have been. Have you looked at how Scirocco are categorised? An AIM Investment company! And if AEX cannot point to progress at Kiliwani they are likely to have to give up that license."

Crusty, Aminex has a 25 year development licence over Kiliwani, with no further commitments. They are under no pressure from TPDC to give it up, to suggest they will or might is scaremongering.

"And I think you need to get ready for disappointment BG -"

Oh yes Crusty, Aminex/Tanzania has certainly taught me to be ready for disappointments, but come the issue of the Development Licence and the start of TPDC contractors laying the pipeline, and it will become apparent for all the market to see that the Ntorya development is happening.

You better get yourself ready then RoJo, for the next lift-off, I have a feeling it will be bigger, better and go much higher this time 🙂

"At the signing today, the Tanzanian authorities expressed the importance of energy security for Tanzania and its people and the development of Ntorya is crucial to the provision of much-needed natural gas. The authorities also indicated that the Development Licence will be received very soon. We will provide a further update to the market on the progress of the other Ruvuma workstreams in due course."