Member Info for blackgold00

yes, what ever the news now, i think SCIR Aare to far down the road now to enact a change.

i wonder whether ARA would want the SCIR deal all sewn up, before the release of positive, share enhancing news ?

"we look forward to making further progress towards completing the transaction as discussions with APT continue in a similarly constructive manner. We will provide further updates in due course"

expects, yes they always need to cover themselves, either way not long now.

looking good

or Thursday or Friday ?

yes maybe, it will be interesting to see what they have to tell us regarding "the delineation of the final location for the CH-1 well" ?

yes, they would be after the mackerel, though not heard of many being caught this year yet.

you like Devon RoJo, i'v been here 60 years now, wow

yes agree Crusty, by the time CH-1/B are drilled the rest of the 3D would had been interpreted and possibly the development program agreed with the TPDC.

May's Presentation
slide 12
http://admin.aminex-plc.com/uploadfiles/2022%20AGM%20Presentation.pdf

If the 3D confirms their present understanding of Ntorya's geology , and looking at slide 12 of their latest presentation, i would not be surprised, that when they announce final drilling location of the ("CH-1") well, that they will also announce that the rig will remain available to drill the CH-1B well straight after. As both are targeting separate lobes, and it would seem significant work has been done on the CH-1B well, plus the cost savings could be considerable drilling back to back. ??

didn't realize, its a bank holiday Monday as well

I'll say it first, i wouldn't want to be out off these over the Weekend. : )

yes so am i, he seems to have gone a bit quiet.

yes it certainly does ICB888, you get the feeling theres not to many shares to be traded, well not without pushing the price higher, and with news just around the corner i guess that will be the direction of travel. : )

That's not all the world is it, then add on all the points /issues that UFufuo raised and we could be presently surprised with the sp performance

How many more shares in issue now compared to the NT-drill which was after the Zubairs took their 30% holding in AEX via the the placing to raise £22m. I believe theres about 25% more shares in issue now compared to then. ??

"The Company maintains an active dialogue with ARA Petroleum Tanzania Limited (APT) on its intention to exercise its pre-emption right and will update the market shortly."

so if ARA hold 50% of Ruvuma does it mean that their pre-emption rights cover just 2/3 of SCIR 25% and the other 1/3 of it would be up for negotiation, or what ever maybe WEN could be back in the picture ??

all but

plus, it should be noted, as TPDC new GPP has only about 20mmcfd feeding into it, and with a capacity of 140mmcfd, then just how vastly under used it is.