Member Info for blackgold00

I'm inclined to agree

Look at Aug 1st RNS. I'm in bed poorly can't do a lot. : )

"Come next week, the first batch of 3D Seismic has been in ARA's hands for 5 weeks." More like two and a half months : )

Well a higher bid price then ?

yes, but i think we need some sellers first??

i can hear a pin drop

Ah the NT-2 and NT-3 back to back, it seems alot forget that the drilling of the then NT-3 was dependent on the outcome of the NT-2 well, well we all know the outcome of that well, and AEX had the shock of their lives, and discovered a lot more gas than they were bargaining for. There was no way they could had drilled the now CH-1 with the old Caroil rig and no way they needed to, for they had found enough gas with with NT-2, plus it was at that point and the months after that Zubair's started planning the ARA Ruvuma farm-in, (behind the scenes of course) and the Ntorya development. So here we are today about to drill the very exciting CH-1 well.

the truth is, no one knows what's down there lurking in the Jurassic yet, it well be what it will be.

i just wonder whether SCIR (GM) on the 13th of this week has any thing to do with ARA holding back price sensitive news, untill that is the meating and voting is out of the way??

nothing new though

Haggis, an old land rover would suit me just fine : )

I'm saving the whisky for the drill.

Glass of wine I think is in order today. We're making progress now at long last. So cheers one and all : )

OH MY, where's it going now, : )

1.3 all but : )

back up again

yes, and talking of ramp up, has the TPDC mentioned anywhere, about how large the pipeline will be, as i think an (early Poduction system) is now not being considered, and instead moving straight to a pipe large enough to cope with the Ntorya's gas field future max production.?
slide 4
http://admin.aminex-plc.com/uploadfiles/180717_Ruvuma%20Farmout%20July%202018%20Presentation%20Secured.pdf

excellent stuff as usual Ufufuo

and this from the half year report, i think is also referring to the new pipeline as well.

"It is clear from numerous government statements and actions that Tanzania is seeking to expand its energy production to achieve further industrialisation. This national effort has seen the planning and construction of multiple facilities along existing gas delivery infrastructure either directly connected to or in proximity to our Tanzanian assets, which are expected to increase local gas demand significantly soon."

little tick up 1.15 to sell