Member Info for gaslady

The resolving of the unpaid invoices situation would certainly help the cash flow going forward through 2021 and would IMHO negate the need to 'get married' to anyone else.

I hope that this issue is not dependent on KN-1 getting fired up again..but hey, we will never know whether it is or not.

An interview with RA which would include this particular point (which was not addressed in his first interview) would be enlightening...

GL

Quite agree

just get KN-1 situation sorted (rns Feb re: remediation) and the gas payments..

https://www.lse.co.uk/rns/AEX/corporate-and-operations-update-wvcldzoe6gx2rkv.html

"Kiliwani North-1
Shareholders will be aware that the Company has been seeking and awaiting approval from the respective Tanzanian authorities to conduct a work-over of the Kiliwani North-1 well whereby the well will be unloaded using foam treatment to the existing gas plant. With a successful intervention, the Company anticipates being able to flow the well unaided and to recover a portion of the remaining gas resources within the Kiliwani North structure. The Company continues to engage with the authorities to allow this programme to progress and believes that final approval will be forthcoming in the near future.

Kiliwani Gas Receivables

Tanzanian government authorities to secure payment of the outstanding receivables owed for gas sales from the Kiliwani North gas field that amount to approximately US$6.7 million (gross) excluding interest. This is finally being progressed after the return of senior government officials who have recognised their obligations and are making efforts to resolve the matter. A meeting has been scheduled and we hope to be in a position to update shareholders soon."

Any chance they can make a start on the collection point construction /pipework and hookup NT 1 + NT 2 for starters?

And then begin on the plans for pipe to Madimba with a view to CH-1 and then the others joining later?

Offer to fund/construct it to move things along?

GSA to follow?

Or do they have to wait for renewals/approvals/ FDD submission plans before any of above can happen?

A shame though....NT1 +NT2 gas stagnating not going anywhere.....

and this...?

https://www.lse.co.uk/rns/AEX/ruvuma-farm-out-and-corporate-update-r8ktbc49mo7ofbc.html

"The Company is exercising very tight control over costs and expects the interim period costs payable to the Company in six equal monthly instalments, starting on completion of the Farm-Out (or by way of the Further Additional Advance, if any), will fund the Company until around May 2021."

@mavD same question here

what's with the $332k?

Disappointing - scuba gear now deployed..

However, crisis brings opportunity and if it goes below 0.4 I am willing to throw a few more pence at it for the longer term

Buon Giorno RJ

of course it would - that's your price point is it not?

CH-1 is the cast iron solid gold plated VIP biggie that should get you there and beyond...just have a little faith and patience - they're on the case and (believe it or not) I trust them to deliver...

che sara, sara...

GL x

1p by tomorrow would be nice

BG.. Remember where the sp moved from and to on Nt2 kicking off...

More to the point why isn't anyone buying?

23rd october: RNS

"APT, as the new operator of the Ruvuma PSA, intends to call an Operating Committee Meeting (OCM) shortly, where it is expected that they will formally present their programme and schedule for the drilling of the Chikumbi-1 well and the 3D seismic acquisition programme."

that was nearly 2 weeks ago...if it was 'shortly' then - it can't be much longer now...can it?

what can a shareholder expect once meeting convened? a presentation doc on the website?

I continue to hold in hope

Bourbon Creams for me :-o)

*based on mgnt assumptions as for KN-1 gsa terms...

net to aex generated...

and if tpcd build pipeline to madimba aex will have a nice $ remaining carry..

and a question...on july 2018 presentation slide 4 there appears to be 2 pipelines shown running to the plant:
an 8" one and an additional 12" one.

why 2 lines?

I'm hoping for 2p by eop... Afternoon session later awaits...

1.34 paid

looking sweet

her comes the blue....let's hope with a bit of top-spin

relax john2015...this went from c. 1.20 to 7.69 before slipping back in a matter of a few months on the run up to NT2...this time we have a full free carry to production...roll on CH-1.....and beyond

can come at any time now...that's the exciting bit

Tanzanian government working on connecting gas to cement plants

https://www.globalcement.com/news/item/11500-tanzanian-government-working-on-connecting-gas-to-cement-plants

suspect they fed up with themselves wanting get-rich-quick... I prefer get-rich-slowly