Member Info for cperkin

Possibly, there is of course still (apparently) the KN-1 wild card, 2D to be complete by the 31st and any remediation?

If your theory is correct Aimster and the 20% rise is pure speculative buys on a licence by the 31st July (possible but unlikely imo) then it may well drop back the same amount. It was floating around doing nothing with no volume, so I would expect the same till post negotiations with the majors in September.

So no change in reality with very few buyers or sellers so back to 0.64/0.65p would seem probable worst case.

Almost a 20% rise over there, mostly on small money trades & no significant volume but certainly more than the past few months.

Thanks and good luck with your trip, I should have got in yesterday. Bottom picking eh!

Took me ages to research it Froggy and even longer to understand it ;0)

Very nice to see but till the SP passes the last placing price of 1.45p it is not a recovery in my mind.

fingers crossed for more blue!

Hi OG, I am just using this LSE L2 & only for the convenience of not having to switch screens.

3 MM's sitting on 0.7

I agree AA, last year was even worse, at least now Aex confirm that it's the PSA review that has delayed it, why we had to find that out from the Tanzanian press and swala RNS is beyond me. Surely they should have communicated this before.

Aminex and the Zubairs clearly belive there is a chancee of the licence before the 31st (I assume they have a meeting with the Tanzanian gov and I have heard the same from elsewhere) like alanP I am not so sure but will be extremely happy if it materialises.

@ caddy, the Tanz gov published this September 2019 for the majors to conclude terms.

Very frustrating AA. Not much AEX can do till the gov issue the licence, best case is next 7 working days although I think it's unlikely myself that the PSA review would be complete before the Majors complete their negotiations in September?

For Solo however the BOD need to deliver on their strategy deals. As steve said it's 4 months now since the launch and 4 to 6 months seems a reasonable time to put a deal together to me, so anytime between now and September.

Expensive game drilling wells, especially when targeting offshore geology.

Nice to see this looking more bullish for shareholders.

Hi steve, we certainly deserve an update on what they have been doing. See UOG enters suspension due to RTO of a rockhopper asset this morning. This is exactly the type of deal that Malcy was suggesting, so where is ours?

Last thing I want to see is a deal and any possible suspension coincide with the extension licence being issued! I assume from the AEX rns that the BOD are meeting with the Taanz gov prior to the 31st of this month?

Thanks Trojan, a sector I have some interest in. This line is critical due to MOFA Embassy secure com's etc.

"he didn’t expect regulators to throw up significant hurdles to the takeover, given the buyers’ experience with U.S. national security regulators."

lol GL. I assume that post end dual listing, the Phoneix (Irish private eye) will no longer have aminex grace it's literary pages, what a relief!

Much the same as yours rxdav, licence may be issued on or around the 31st (I assume by the wording they have some meeting with the Gov between the last RNS and the 31st)

So worst case expectation is back end of the summer and best is the next 7 working days or so.

Not in BLOE but watching for the right possible entry.

would seem about right, GL.

I agree an absolute bargain, a steal no less.

Otherwise know as rich pickings Bucks.

There are no sells at the 0.60 bid but buys at almost full ask, so I guess the same argument applies then Bucks, they probably know more than you do about where the price is headed

The gov say that the off shore LNG negotiations will be complete this summer. The question is how much do they impact on the current PSA negotiations for the 11? The bod and the Zubairs seem to think the PSA negotiations are close, possibly before or around the 31st based on their wording. Still they have been expectant before so caution at least advised.

As for LNG V Ntorya gas, the LNG is 8 to ten years from production according to the gov, so the onshore will have to meet domestic and any cross border demand in the preceeding years.

The Government are absolutey in a rush right now on the LNG project, 2nd place to Mozambique or the Tanzanian East african gas Hub?