Member Info for edgar222

Thought I had finished buying Aminex after the licence. But I cannot look a gift horse in the mouth. Am down the back of the sofa again! Am still in profit at 1p (first purchase 24p) and that is some averaging down journey! Even if April production has been put back the enormous amounts of gas have been there millions of years and are not going anywhere!

GLA

Not saying anything new. But.

I am finally able to switch off from Aminex while we wait. Helped by the amount of filtered green boxes I see on here every day.

I am still hoping for a December spud date. But I note that the new ARA Tanzania website talks of CH1 in the "coming year". Of course that does not preclude a December spud, with results in the new year. But still.

I believe that April as a target date for first gas is much more probable than the spud date. Based on all the evidence from the Govt and the companies. So either way we are entering a very exciting phase with major inflection points coming up.

AKA squeaky bum time. ;)

GLA

Https://x.com/EdgarTwo2/status/1853783088842658100?t=BbQxF1aS5424qTYCRoAIYg&s=19

Re condensate, there can be no doubt it is interesting as well as valuable.

But my understanding was always that until you are pumping gas regularly, over a time period, and can actually see how much condensate is coming out it is very difficult to ascribe quantities and therefore a value? That might explain the relative silence. But I have no problem with the idea that it is potentially extremely lucrative.

Cheers

No one happier than me if ur right but from what source?

Great find but how do I translate it?!

It is definitely the Govt building the pipeline and paying for it. Always has been. They want ownership of the infrastructure.

Interesting question about the CPR. I still don't know from the Company that has been stopped. I hope they do insist on it, can only help our share price.

Anyone with more experience than me in setting up a gold mill (i.e. Everyone) tell me how long it takes and whether we are entering the ballpark for news of confirmed production? Or am I way out?

Easy Africa! What a typo.

EasT

Lol

I read support for TPDC as platitudes to maintain good relationships.

The teaching is Ara not Aminex. No cost and not part of farmout payments.

If one thing is proven its that in-country relationships are important. Aminex first on scene and why Ara want to keep Aminex as their "vehicle for Easy Africa" oil and gas development. Look at the relationship with Orca now! Very important to build/maintain goodwill and investment in country.

All positive IMHO.

SQ320

Genuine question as I may be misunderstanding. Whats the negotiation? With the GSA and the licence, the roles of the parties are clear. The govt always wanted to own the infrastructure (always been the case since previous pipelines). So I don't recognise this dance you describe.

Best

Sounds pretty bloody good to me, if I am honest.

Cheers

Don't really disagree with those estimates of timing. Only a small quibble. Gkvt seem to be aiming for production from April 2025, so a few months before "mid" 2025.

....and we are in the run up to St Leger's Day!

;)

Https://x.com/EdgarTwo2/status/1818981696823267834?t=IzZQulBlg4MDfz6uuKnybw&s=19

"We hope to move the copper story on very significantly in the next few months"

Deal incoming?

Though not showing on lse

New broom through Govt wweeping away old contracts they don't like?

Wonder are they looking for cashed up partners that they trust to take over?

Know anyone like that in the area, with good in country relationships and a future cash pile to make them stable?

Hmmm

(I have no evidence to suggest any of the above, only musings. But interesting times).

Good luck everyone. Big week ahead.

🤞

Wednesday

The early announcement of the deal to jointly build the mill had the parties sharing the TIME that they could use the mill 50/50. It was made clear that each party would use their own material during their own time.