Member Info for cperkin

Quite agree Caddy, delivery. I don't hold the BOD responsible for the current situation in Tanzania, but they have to deliver on their stated deal strategy.

Thanks edgar, link below

https://twitter.com/VoxPodcast/status/1135544727330332673

Several signs that things are moving forward even ignoring the dodgy article predicting a spud in 2 months.

https://dailynews.co.tz/news/2019-05-305cef8647f10c8.aspx

It states that the contracts including Kiliwani have now been reviewed and they are working on the PSA terms for all O& companies Again, more smoke at this stage but some progress and movement from the Tanzanian Politicians at least and provides some background to what is going on.

Thought I would post it up again, a very interesting article on the state of contract and PSA negotiations.

https://dailynews.co.tz/news/2019-05-305cef8647f10c8.aspx

I would not ask anyone to try such things, I save that for the village fete and the lady in the tent bucks ;) sometimes the chickens travel inside the wagon.

Depends on how long they take developing and negotiating PSA terms, but surely that should only impact the 25 year development licence and not the extension licence?

Only derisked if you believe the extension will be awarded bucks, when? well heaven only knows .

Yes, apparently the offshore guys had loop holes in their contracts to allow them to avoid tax, levies and royalties.

https://www.dailynews.co.tz/news/2019-06-015cf23102692e0.aspx#

Apparently the offshore guys had loop holes in their contracts to allow them to avoid tax, levies and royalties. PSA terms still to come.

lol sorry a silent T, # taxes, feels like axes.

Yes more axes, royalties etc, contract and PSA changes.

And another

https://www.dailynews.co.tz/news/2019-06-015cf23102692e0.aspx

https://www.dailynews.co.tz/news/2019-06-015cf23102692e0.aspx

thanks to alph.

Good article, thanks alph.

Maybe when they have finished the new PSA terms for everyone, contract review is at least complete.

https://dailynews.co.tz/news/2019-05-305cef8647f10c8.aspx

Now they have reviewed the 11 contracts including the Aminex KN-1, they are now defining the PSA terms which imo look likely to include additional taxes.

https://dailynews.co.tz/news/2019-05-305cef8647f10c8.aspx

With what money, a placing?

Kalemani said construction of the $1.9 billion fertiliser plant will start in 2021 and is expected to be commissioned in 2024

https://twitter.com/SherwoodJ8/status/1134799393763266560

Shhh don't tell anyone though as anyone sharing news & research is a ramper apparently.

Yep, almost made it to a penny stock, think I might keep the champagne on ice for another undetermined amount of time.

I fully agree JODO, that would be inside info after all, as there is no published planned spud date by the BOD because there is no licence.