Member Info for Drewky

I think the key piece here is.... "This work has been conducted in parallel with the Board's ongoing efforts to achieve returns from our core projects: the Ruvuma and Kiliwani North assets."

I hardly think they are stating they want to move away from their core assets when they describe this other work as running in parallel.

That's my reading of it FWIW

I do think there is a frustration with working in Tanzania but I go back to thinking how many other countries are any quicker when dealing with a government. In the last year I've been involved in one with assets in Spain, Romania & Italy. Romania took months to permit for production. Spain is now into its second year of discussion about drilling. It also found gas in Italy H1 last year and is not expecting permits for production until at least 2020. Look at the problems in the UK over fracking etc. In that respect is Tanzania really much different? I'm not sure it is.

As I predicted Well the profit takers are in and the MMs are dropping it like a stone again.

Unless that interview materialises today and things turn around, this share will soon be known as Pump & Dump Thursday. It is becoming a regular occurance

Thanks GL. A good hint there I think

I hope so as I'd like to see todays rise continue into the weekend. If not, I fear the MMs will play and the profit taking will take it back down much further than can be justified again

It did didn't it? And I mean it. Seriously John, it could have been worse but the huge positive here is it confirms how serious the Zubairs are about supporting this Aminex project. Who wants to walk away from 1.87 TCF? They certainly don't seem to want to and let's not forget the restructuring and manoeuvring Solo have done in order to be able to move forward and gang on to their share. As for PIs it seems to me most are in sticky fingers at the moment and I guess a fair bit of that is underwater and the frustration is bound to be there but In confident this will happen and we will all be happy again

Enjoy yourself guys chill out. https://youtu.be/cPd_awQuH4o The tide will turn :0))

Thanks for the video skittish can see more detail than the recent fly past. Must be close to some bigger movement now

Though you get the live price on H/L you don't always get to see the trades that move it. Often inconsistent.

I feel they are only showing the trades that influence the way they wish to be dealing

3 upward buys in ten minutes after a quiet morning. Is something a foot? It would be nice to see some serious upward motion

Disappointed but it confirms the Zubairs will not walk away. They know the importance of the asset. As we've felt for a long long time it is the government clearly in control of time scales here.

I wonder where too?

TT Let me get this right! Are you saying these tiny deals seen on many shares are not individuals or groups trying to manipulate the price but are actually organised through the brokers, who I assume are paid to blatantly manipulate what effectively becomes a crooked market?

Are you also saying that they do so by deliberately adjusting the software algorithms to achieve their aims?

While I would not be surprised in the slightest, do you have, or have you seen proof of this behaviour in the past because surely that has to be illegal?

It's hard enough to earn a few bob on here as it is trying to find the winners without those sort of shenanigans!

You can afford beans?

Amen and oink to that

Lot's of us fantasists about mystery, perhaps when you've been around a while, you might get promoted and gain fame on the other channel lol

Shakes head at it sometimes!

Not doubting you Jrlo because I converse with a board elsewhere but just pointing out we do get loads of these every day on here and they can't all be true otherwise the bloke would never get any work done :0))

Bluffmaster the Tanz government have certainly disappointed me over the prolonged nature of this but at the same time knowing how our own government works it shouldn't be at all surprising.

As one who spoke out about the PR last week I couldn't agree more and I'm pleased I got through to them. Time will tell if that is more well thought out in the future, again fingers crossed it will be.

I think you may be right about some leaving at a lower target than they originally planned but personally I think having suffered this last two years, it would be a bit silly to bail out when once the paper work is dealt with, the FFD is about to kick off. All the agony for no gain? That's not for me, I'm here for the profit I came for and won't be going anywhere

I agree on the extension being a level of comfort but if it is to be announced I felt it should be now and not on the last day and I would like to think the board might realise it would not go down well to be left to the last minute. We are close enough to that already as it is and I can already imagine the noise on here.

I think as you said, if it is to be extended it should be announced no later than this Friday and if it doesn't come then my instinct will expect even more a successful out come next week.

Fingers crossed eh?

Agreed, the Bod must come out with a statement of some sorts before next weekend but as I said last week the longer it goes the more I feel it will still happen in the time frame.

I feel sure they know by now whether it's likely to happen because they will have meetings scheduled if so. If they haven't, it is time to come clean. To be told of a further extention to longstop on the last day or two would be insulting to the long suffering shareholders here. At this stage I'll stick with my feelings as I just can't see the Bod being that silly. I hope I'm not made to eat my words!

Meanwhile we are at a seriously bargain price if this goes ahead as planned next week because I would never expect to see this level again afterwards

So for the newbie it's a little gamble will it be next week or a little longer. Ultimately mid to long term I don't see anyone buying now doing anything than make profit

Much as I want to be believe and expect to believe, I'll be much happier when that comes out in public. With respect there are far too many people coming back saying they've held conversations. If they were all true it might explain why we are waiting to get the official news. The poor fella wouldn't have had the time to write it up ;0))

Bloody good buy right now below 10p isn't it.