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Hi Roger, I am not playing in/out at all and am absolutely delighted at the discovery and 4.7% to surface, just think we have a way to go yet (which I think lorna is also saying) before we fully understand it. I expect to see an extended flow and appraisal this year?
They have Nitrogen, Helium and Hydrogen. Still electricity is relatively cheap in Tanzania and they have shed loads of natural gas for gas to power - See AEX who are waiting on the 25 year development licence.
The 25 year development licence is a major game changer here and will allow ARA and Aminex to extract gas under the already signed PSA and GSA allowing for the gas to be sold for the life of the field.
It will come. Also a buy from me.
Hey Joe, Helium and the licence areas falls under the ministry of mining and not the Petroleum act. This might be a blessing as it takes years and years and years of waiting for the TPDC and Government minister to issue a development licence (See AEX) One can only hope the minister for mining is somewhat more efficient!
Better than subset Z I imagine, bitter twisted, depressed, insulting and otherwise unable to function normally in a social group, currently just Rojo (including his various other ID's either current or past) and of course not forgetting the rancid ham.
One who is unable to imagine is unable to improve thine self or surroundings.