Member Info for blackgold00

How bigger risk do you place on Orca not having its PSA licence renewed, which expires in 2 years, I see it as a real material risk. They have not had the greatest of relationships with the Tanzanian Government over the past 20 years, have they.

And so it is blatantly obvious why Wentworth was so keen to sell out to M&P, after the failed SCIR 25% transaction. As i see it, WEN has little room now to grow going forward.

"o Mnazi Bay is at, or close to, peak production and material capex is required to maintain, let alone increase, production. As such, historic revenue, profit and dividend growth cannot be used as proxy for future expectations; "

How appropriate phoenix, yes that will be Aminex rising from the ashes 😃😄

"The Gas Sales Agreement ("GSA"), approved by all parties, is with the Attorney General of Tanzania for final review. It is expected to be signed in the coming month"

Organic news is coming down the track, GSA this month according to the H/Y report

Where is Mr RoJo 🙂

Great news

From the AR, I think it's some legal requirement, no one knows what the future holds 🙂

" The cumulative annual reductions in the Company's gross G&A costs (before one-off expenses and exceptional items) to US$1.46 million per annum in 2022 represents a 72% reduction from 2018 levels. "

(before one-offs and exceptional items) 

No, l think I've seen that before, I will check 🙂

Yes, not long now especially now they've used the word imminent 😀

I guess he/she must had broken LSE chat rules 🙂

Oh dear, what a shame, they'll be so sorely missed 🙂

Yes, i was thinking the same, that is, if there wasn't a chance of them completing by end of month they would had extended by now. So fingers crossed news of completion today or tomorrow, possibly Monday, but that would be passed the long-stop date.

But of course, I could be miles off 🙂

Yes, will they, won't they. Time is ticking

It will, you just need a wee bit of faith 😄

Aminex is not the same company as it was 10 plus years ago especially (the understanding now of the Ruvuma geology) and nor is my holding, circumstances change RoJo.

"BG - I can see that you are becoming increasingly frustrated and disillusioned"

No you nincompoop, you're talking from the mindset of a Trading desperado, I am neither, all money invested is money afforded, yes of course its been frustrating at time, but patience is easily managed when compared to the size that Ntorya is now turning out to be. Yes, I Don't think these opportunities come around that often, but hey everyone to their own 🙂

"Not sure what yacht you're referring to BG, "

The biggest one I expect. 🙂😃

How's the yacht rojo and the south of France. Hmmm, yeah right. Lol 😄😆🤣

We should know by next Friday, either they have or they haven't completed the transaction, and or, they will or they won't extend the longstop date. So something else to think about next week. 🙂