The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
As long as they try to grab too much, as well as revising agreed contracts, Tanzania will always be poor. More fool them.
If the delay is deliberate, in which case we've had it. If the delay is caused by inefficiency then it's disgraceful that inward investment companies have their having to waste money whilst waiting. Tanzania must be surely country to invest in.
Why not moan about the Dutch instead of the bod? Or stop moaning, another option.
Don't complain, if it were Tanzania we'd be looking at 2 to 3 years(or more).
What a difference between dealing in Tanzania and UK. As soon as they can rid themselves of our holdings(hopefully with a profit) there the better.
The BOD seems to be getting a lot of slagging off which I think is ill deserved. Solo is an investment company and has to rely on the operators for any action. They have bought shares in Solo so they feel the pain as well.
The only message the RNS gives out is a warning to any other companies thinking of investing in Tanzania - DON'T- you'll just get screwed.
If the License is not granted on the 31st. it would be incredibly damaging to the future hopes of Tanzania getting inward investment. Who would trust them in again?
We essentially have 2 assets which are operated by majority holders. Why do we need all those well paid(no doubt) experts? Are they paid full time? Seems a bit weird to me.
Am I right in thinking that TPDC claim Aminex owe them $5m? Which AEX dispute. If money starts coming in from KN1 again, are Solo getting their share from TPDC or via AEX?
I'm sorry, I've sitting at the back of the class and not paying attention.
Drilling positions are normally determined from the results of the seismic. I think it will be a while before C-1 is drilled.
Has this survey been completed, or even started?
Whilst there may have doubts about NR on the business side I think he will be invaluable as a technical adviser.
Any news about the rig for C - 1?
If the trades of the last three days are looked at , the amounts are inconsequential. But it gives MMs cause to move the prices. The real trading in Solo won't for another 3 or 4 months. Sit tight an wait.
Sorry cp, your right.
The increase in shares was approximately 2% but the fall in the sp was much much greater than this. Not logical.
Agreed, gas may be for the future, but not now.
OK so the deeper section in the Triassic has been decided not to follow up. But surely the following is extremely positive - "The forward plan for the well is to carry out a comprehensive testing programme over a number of prospective oil zones in the Jurassic - the primary objective of the well. This programme is expected to continue until mid-May." The term 'plugged and abandoned' seems to have caught every ones eyes.
It could be Hess who are not releasing information. Their website is not very informative and maybe that is their culture. I imagine PCI can only release info with Hess's say so. Just a thought, I hav'nt a clue.