Member Info for cperkin

If only steve, I am not expecting the licence today but would like to see it before the end of Jan.

Presentation should be available around 12:30 but I am not expecting anything new in it but you never know. As long as they get their YES vote at this stage!

GL

Now thats more like it - EGM starts 12:30 so expect an RNS before end of play.

V19

Nice to get stage 2 of the farmout out the way, leaving only the licence and final signature with the Arabs.

GL

EGM starts at 12:30 and the vote will not be far behind so an RNS at least by the JV partner before the day is out.

Good luck!

ah thanks so sell all stocks world wide because of a wider market crash would be your advice.

With regard to Tanzania we are talking gas and the gas is local supply, local pricing for local consumption (for now pending the Tanzania-Uganda oil/gas pipeline) , there could be an impact on US$ V UK£ exchange rates that impact however pending KN-1 production rates of course.

As for releasing news as it comes, there is a timescale driven JV farmout in progress with a stop date & news will be released as it happens, the first of which is the shareholders vote tomorrow, our tough luck it would seem to have any good news.

Denzle are you telling us that every stock on AIM should not rise because of macro market events and any rise will only be bad for all shares?

Don't think Tanzania gives two hoots about the US or UK when it comes to domestic gas supply, electrification and the Helium markets shortage of supply.

Big day tomorrow - GL

Best wishes to all the family at this sad time Keith!

Hi Ther0

JV farmout vote is tomorrow. Extension licence required to complete with the Zubair corporation.
Kn-1 remediation currently underway - so expecting an update on flows and progress
Helium-1 IPO due this quarter.

Potential nice hedge against Brexit, everything here is in US$

Animal cruelty, whatever next Crusty ;0)

I think this cat was skinned in September 2016 and we are on the dissection stage of proceedings.

Quite agree BG, it's one thing ignoring little aminex and it's history of lack of cash to develop the asset and quite another to ignore or worse still insult the Zubairs with their $105 million ready to invest to bring the gas out of the ground to plant.

Meanwhile the Ophir assets, including off shore Tanzania block 1 & 4 have been approached by PT Medco Energi Global PTE. Be interesting to see any offer details and always good to see some early M&A in the sector.

Don't know about the brakes, but it certainly chucks the issue of the Farmout over the fence to the Government. If they want it to happen and have the Zubairs as the operator to develop their prolific on shore gas field then they need to issue the licence (assuming tomorrows vote is a yes of course)

Will be interesting to see if things speed up as a result.

GL

It will be good to get that out the way and good luck to anyone going.

Vote....Licence....Farmout....C-1 Spud + 3D seismic = V19

Risks &/or opportunities, depends on your point of view.

GL

all the best for 19 steve, if it all falls into place then certainly people who have been buying in at these prices will likely be very well rewarded.

Vote this Friday - extension licence to follow (hope in Jan) and Farmout completion = C-1 drill and spud date +3D seismic etc.
In the meantime KN-1 should have some news on remediation and flows + Helium-1 IPO is due.

V19

Just wandering by and dont know the details here, but normally a Government can back in a % up to the max (in this case 25% or any % in-between) by paying the same % of the exploration and development costs.

Hope that helps 3card. I am sure someone that knows the situation here would be able to tell you better.

Best of luck.

The licence steve. well if not issued the Aminex Zubair farmout deal can't go ahead, C-1 will not be drilled and of course no one gets any gas.

I think the probability of a no vote is extremely small as is the probability of no licence issued, although you would not think so looking at the SP.

Yep not long to wait - result from the JV shareholders vote will be published this Friday, lets hope that extension licence is not too far behind!

And the 2C resources have increased 10 fold since it was 5p as per the CPR!

Tweeted this out Viking

https://www.bbc.co.uk/news/uk-england-essex-46728182

Thoughts with you and the family.

C

https://goo.gl/in8N3k

V19!

Maybe the BOD held out expecting the extension licence prior to expecting shareholders to vote on a binding transfer of their assets over a PSA without a licence, that after all would be a little riddicuous after investing 10's of millions of shareholders $'s, why even insulting in fact?