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"Shut up Tom"... oh, the irony! Lol.
Now Rojo, that is amusing ;0)
It might only be my perverse way of looking at things BUT, if the TPDC had ALREADY exercised their back-in rights of whatever that might be , surely to goodness that would justify an RNS - to suggest that such a move would not be price sensitive is surely ridiculous...?
Maybe in the same way that the recent "announcements" by the Govt and other bodies have evidently been indications of soon to be executed events, this might be too? Though surely this would have happened as part of the GSA or an amendment to the previous PSA?
Anyway, no point speculating and I know the BD have long been expecting the back-in rights to be executed but, yet again this seems to be another case of the "cart before the horse" or otherwise, appalling communications.
Well one factor to consider for many people is that a non-listed company cannot be held in an ISA and is difficult in a normal, vanilla SIPP wrapper accessed through a retail Investment Platform(though some will accept non-listed companies at a cost). So typically you would have to sell to cash and re-purchase outside of the ISA wrapper or transfer the asset from a simple vanilla SIPP to a more complex one , again, typically at a cost.
Amusing? Well then it evidently doesn't take much to cause you to titter Rojo! ;0)
It is pure drivel.
It s totally contrary to my instincts but I have had enough - I now have one person on my filter list. I just can't suffer this fool any longer - what a load of dross. Why, oh why does this berk bother with this drivel? It can only be in a deliberate attempt to annoy people - well no more!
Okay LOTM - apologies and understood; I conflated two separate issues, as you suggested.
And thanks for the link.
Morning CP, the Gas Service Agreement, was exactly that an agreement - it requires negotiation and, hence, signatures; I am not 100% sure that a 25 year Development License actually needs signing - it is a License and awarded by the Govt to someone that applies for it. ARA will simply be awaiting notification that it has been granted. Though, in any event, I would anticipate there being some razzamatazz around its award but then haven't we already seen that?
Excuse me LOTM I am no expert but if there is seepage of 6.7% in a particular area it would suggest to me that it is not in the area of the "gas cap" - surely the idea of a gas cap is to prevent the gas reaching the surface in the typical gas basin/trap model?
But the last trade is not normally the gauge of the closing price (Unless there is a UT trade - though quite why I am not sure?!). The rise or fall in the mid price is normally the marker.... though I am not familiar with how Google do it. But in any event the mid price closed at 1.125 yesterday and 1.20p today hence, in my book and indeed most other's benchmark 6.67%. Indeed I suspect that using Google figures there will automatically be a fall of 3% at the open....
However no matter, goodnight all.
Yes Pubecrawler, but then even a stopped clock is right twice a day - you can't even match that Lol.
Updownstream, you say "there is little point in constantly repeating the same old "news"" - yes there is, at least to haggismctripe - his own agenda.
I don't know what you were looking at Tanzania but as you can see from the above 6.76% is "the answer".
RJ, it seems that haggismctripe is talking a leaf out of Pubcrawl's book, endless repetition of yesterday's news ;0)
No longer up that 8% unfortunately - however any rise is a good rise ;0) Slow and steady does the trick.
But Rojo we have never attended the AGM together - suspicious eh? Would we have had to wear the same name tag....?
Phew! Thank goodness for that Rojo. I wonder how long I can keep the secret that I am, in fact, MrMoi ;0)
Yarmy - An apidistra perhaps? That is an extremely boring plant.... They are quite cheap to purchase though and without a long lead time ;0)
I am Rojo? Really?! Well I just hope that some people's opinions and interpretation of the evidence for their own investments is a little more reliable than their reading of "people".... it is of course total and absolute nonsense as is indeed their understanding of AEX and its prospects ;0
MrMoi "everyone raging against... Crusty" - really? I must have missed it.
RJ, do you not think that APT will have access to their own rigs and equipment? Remember their background. I recall previous BoD stating that the NT2 well was extremely difficult as a result of te pressures involved but that APT had the equipment to overcome those problems (casings primarily). I don't doubt that they are well prepared to move once the Dev License is confirmed but I seriously doubt that they will be looking to "purchase" a rig. Moreover a vendor is hardly going to sit on their hands indefinitely waiting for ARA (or the Tanzanian Authorities) to get off the pot and buy a rig - if so they will have been waiting a bloody long time.
Anyway it is of little consequence; what ever way they do it I am not too worried, just looking forward to progress of any sort.
RJ, I seriously would not read too much into that particular "translation" - "Purchase"? Mmmm not sure about that. MOreover it also says "continuing with the PURCHASE of the Chikumbi-1 well boring plant." - note "continuing" - really? If that were so it would seem that they have been "continuing" with that "purchase" for a very long time. More realistically they have been doing bugger all in that direction whilst awaiting confirmation of the 25 year dev license.