Member Info for blackgold00

https://www.lse.co.uk/rns/AEX/kiliwani-north-development-licence-awarded-rdjv9tuibd90xpz.html

i don't know that you can merge the two licenses as such, the The Kiliwani North is a (30 year ?) Development Licence and the Nyuni is a exploration license.

"Or a farmout of Kiliwani and Nyuni?"

yes well i think the fact that they are asking to merge the 3D work-programs of both the Nyuni and Kiliwani licenses, to me would indicate that any potentual farm-out would involve both licenses ?

well, we're going to get all the data we need, when its drilled. lol, no, the 3D will reveal or give an indication of whats down there.

"and they are most certainly going to complete the seismics relating to the positioning and logistics of the CH1 drill first;"

yes, and they might at that time, be able to reveal the size of the jurassic target plus whether it might have oil potentual ?

a stampede

"we will now see what impact that has on the sp"
don't hold your breath Crusty. : )

yep

At every stage, there is a value of the Ntorya assets, the (risked price), whether it is now or after 3D or indeed after CH-1. I guess it depends on the value of the offers SCIR has received to date, balanced against their ability to raise its share of costs of the Ruvuma work-program 3D/CH-1, along with its desire and timing to progress its green-energy projects, of which, (deals) could well be advanced and in need of funding themselves ? Pluss what ever deal and whoever SCIR sale their Ntorya assets to, it will have to have the blessings of the TPDC.

yes this from their Strategy Update all the way back in Feb now, no doubt someone is interested at the right price, what ever that price is ?

https://www.lse.co.uk/rns/SCIR/strategy-update-and-board-changes-rzfpf7gbv21xt74.html

" a revised work programme was submitted to the Tanzanian authorities and the activity path to progress the asset towards commercialisation has been agreed between the Joint Venture partners. These critical steps have been the trigger for re-engaging discussions and the Company is engaged in advanced dialogue with a number of interested parties on a sale of its Tanzanian natural gas assets. The Company continues to be the recipient of unsolicited expressions of interest and has received a number of indicative proposals for its Tanzanian assets which it is considering. Whilst there is no guarantee that any divestment transaction will complete, the Board is extremely encouraged with the progress of discussions and will update shareholders and the market in due course."

well I suppose, one way or another, we will hear soon enough, news regarding SCIR 25% and who its sold on to, or whether they keep it and fund the 3d seismic/CH-1 drill themselves ?

yes all very interesting the TPDC has the last say, but also, the TPDC has a 15% option to farm-in to the Ntorya development, i wonder, with that in mind, if ARA/AEX/TPDC are considering the SCIR 25% holding ? I guess its all about the price.

no need to pray to the Almighty, his work has been done, placing all that gas at Ntorya.

yes RoJo, Sirius, the brightest star in Earth's night sky, could be very fitting

Hmm

CrystalBallBroke, i fear you might be making the wrong choice, why not first invest in a new crystal ball, things then might look clearer. : )

its coming, the stars are aligning

The way this is going, I think I'd party at 1p

plus, the 3D seismic could well, reveal what the targets are in the Jurassic. yes all exciting stuff : )

Really? So why make an RNS announcement? because the dispute wasn't settled until it was paid, which would then need to be made public.

"The TPDC is required to make a payment of US$4.37 million to the Company within 30 days of execution of the settlement agreement."