Member Info for blackgold00

thanks to alph over at WEN

Galaxy, lol

Fear not galaxy, I have the feeling you might get another chance, with more negative posts on their way. Lol

if not, then there's every chanch SCIR will defualt, that would be interesting.

No, not now lol, I sense WEN are getting a wee bit excited now about their new venture. : )

Yes, thats a good point CP

Yes Crusty agree, I didn't want to say that. I think SCIR left themselves in such a weak negotiating position financially, maybe they done well to get that deal. Anyway, we have a new jvp ; )

Well, that's got to be good news all round for all

Yes, very good report, thanks Crusty .

So, CH-1a will be testing (LOBE 2, a new target), and i guess, one that goes towards the resent increase in the estimated resource ?

in conclusion

"Multiple significant near-term share value inflection points on Ntorya
development: (1) 3D seismic results; (2) drilling of CH-1; (3) testing of
CH-1; (4) submission and approval of FDP and (5) pre-prod well drilling"

looks like Gaslady might be right

CH-1A and now CH-1B slide 12 ???

I'm, getting the feeling they will be announcing that they're relocating the CH-1 site. If so, there'll be a bit more extra cost for SCIR to cover their 25%

actually, that might even be 16/05 update.

as from the 12/05, (if i got it right) there doesn't seem to be much 3D activity around the CH-1 site yet ?

https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=-10.451814568405116&lng=39.990835189819336&zoom=14&preset=1-NATURAL-COLOR&layers=B01,B02,B03&maxcc=100&gain=0.9&gamma=1.1&time=2021-11-01%7C2022-05-12&atmFilter=&showDates=false

you better ask Crusty : )

- "AEX made absolutely no gain on that transaction;"

no Crusty, not yet : )

Yes, no value in balance sheet terms, if you're an accountant, but it would seem the Tanzs Gov thought differently and imposed a $2m capital gains charge when Aminex farmed-out Ruvuma to ARA. They obviously saw value in the agreed $35m development carry.

during the Ruvuma farm-out