Member Info for cperkin

Don't think so for most NM, its Red or Black on or by the 14th. Not like any non short term shareholders have not been here for what feels like a thousand times before.

Might as well relax if you have taken your position and revaluate on or post the 14th.

All conditions of the farmout have been met by both sides Mick, just waiting on the Energy minister to sign the FO agreement and handover to the new operator. If they do complete this next week as they seem to expect then you will be wrong on 2 counts.

1.0 That the zubs will not invest without a GSA etc
2.0 That the gov is not very interested.

I freely concede as in my last post that there are no guarantees with Tanz gov timelines, but 5 working days and we should know.

I still think it might make sense for WEB and AEX, your own CEO is looking in Tanzania, not so many choices then.

Haha Mick, AEX are likely to have a $40 million farmout within the next week, July 14th is the deadline.... never a guarantee with the Taz gov as you well know, but we will soon see..

I think it makes a lot of sense, if they merge then they are no longer a competitor but a partner., it certainly would be quite ironic Mick, I guess you would vote no.

Time will of course tell.

CFEP!

1.24 and no movement? Wake up please mm's

Nope, anytime between now and the 14th July would be most welcome.

They have 4 legs GL, don't know how we missed that one ;)

1.199 indeed...

Amazing how well aligned their respective MCAPS are, £33 mill apiece at the moment, 1:1

All speculation but certainly a possibility imo.

CEO's certainly aligned....

AEX https://youtu.be/3l87WUOtBqI?t=624
WEN https://youtu.be/NiaztsAbNvw?t=879

Maybe CT, could also be a merger WENAEX. Vike 1 was just posting about this on the solo board. One merged company with gas production and significant near term drilling & upside. Of course the Zubairs would need to buy into the deal and I wonder what their position would be, maintain cornerstone status and almost 30%?

Certainly the AEX and WEN CEO seem very aligned in their respective interviews.

AEX https://youtu.be/3l87WUOtBqI?t=624
WEN https://youtu.be/NiaztsAbNvw?t=879

Seems very possible vike, of course with the Zubairs holding almost 30% of AEX, any such move would need their blessing. It does give them additional exposure to more gas fields in Tanzania of course and a means of funding it through Pi's

Could be an interesting AGM post Farmout completion?

Could be Vike, though AEX only need the money for Kili and Nyuni & the later of which is years away. I would not discount a possible offer from WEN at this stage.

Market does not believe it?

Hi AA hope all is well. Licence has already been awarded of course and just the final signature now from the Energy minister. I guess the market does not believe that it will happen by the 14th July 20. If the deal closes then that's around $140 million or 75% of the project funded to production as a minimum and possibly even for the full field development.

Clocks ticking, 5 working days left.

GL

Morning flex. Yes I watched it and they are looking at inorganic growth in Tanzania...so buying into another Tanzanian asset.

Maybe just a little rationale on your side then burning, or is this like your post about the current BOD being in place for 5 years.. another made up "fact"

Deluded indeed.

Prove it!

Shows how much the SP has fallen P-of-C
2019 resolution, 7 (b)
(b) in addition, and without prejudice to the authority conferred by paragraph (a) of this Resolution, the allotment of equity securities up to a maximum aggregate nominal value of €754,136.

2020: €377,068