Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I’ve waited for the back to back drill, the GSA ( now not earning a penny), Kn1 remediation etc etc . Jay hasn’t exactly got a track record of delivering in a timely manner. No excuse with Kiliwani as they’re in control
Thanks CP... when you put a cash sum on their dithering ... my god... Someone should lose their job..plus it’s 18 million and still counting.. No plan in sight too for resolution.. That’s not responsible management .. that’s the gravy train! Aex logic I cannot see? I mean why commit resource to revisiting 2D seismic when there’s a well there ready to earn cash ? Cmon jay,,, ‘Get it sorted man’.
Let’s be honest, based on their KN1 performance would you grant an additional licence to AEX ? No wonder the Tanzanians are still reviewing it. There is no sense of urgency at all with Aex , just a never ending story e.g. Compressor, perforation, trouble getting equipment into country, it’s in everyone’s interest etc etc etc. For god sake, get on with it man! If they have no solution after all this time, then we’re struggling. It’s a good job there’s no penalty associated with loss of supply. Maybe we should start publicising how much revenue has been lost to date and send it to Jay every month.
No mention of perforation of lower zone ..? This timescale for remediation is getting ridiculous. I wonder how much revenue we’ve lost and continue to lose each month? This doesn’t send out the right message to the Tanzanians, they want people who can maintain gas supply .
Jays never ending story goes on ! .. Suppose this means that Chikumbi 1 ( the back to back drill) is kicked down the road too. Another year gone! It’s ok though, Jays cashed up for another year on the milk float
OMG will this back to back drill ever happen. Jays never ending story goes on and on. It must be 12 months since kn1 problems begun, look at all that lost revenue. Scandalous. If I performed like that in my job, I’d be sacked . The TPDC must be frightened to let these bozos anywhere near remediation.
Jay speaking on today's podcast... says rig tenders being evaluated and they're not going to be hanging around. Tlou Energy #TLOU Aminex #AEX Ncondezi Energy #NCCL Botswana Diamonds #BOD by Justin Waite @********** https://www.**********.co.uk/?posttype=blogpost&p=126457
Has the 10p party gone now as we’ve farmed out 2/3 of our holding. Is 6p the tops now?
What’s our sp predictions for the roadmap ahead
1) 25 year license ....3p?
2) spud chickumbi 1 ...4p?
3) successful drill (gas) ....5p.?
4) successful drill (oil & gas) 8p?
5) gas pipeline construction - 5p?
6) gas supplied/ monetised 6p?
Drewky’s right, each milestone should see a sp rise. Hopefully my estimates are wrong and this is still a multibagger. Anyone else like to make a prediction
In2008 the low got to 21p but it quickly recovered to 50p once common sense prevailed. So there could be further to go. I think everyone's concerned about riding out the Russia effect. What about the next possible phase of capital controls?