Member Info for gaslady

Thanks irishmouse well..based on that..I can only figure the F/O move to be a defensive one...protecting their 29.9% investment and keeping other big investors on board - secure funding to fulfil dev plan and prove that there are funds to deliver work required on the 25 yr licence. Pity KN-1 scaled down...I wonder if F/O would have been proposed if it kept up the output / income?

Just a thought I've been having....re the possible farm out...- AEX and Zubs/Eclipse...who approached who first? Seems unlikely that the parties involved had the same thought at the same time...

Dangote will not be the only industrial user needing and using more gas... The climate is good for ALL Gas producers working in the country...and also any for of those who find Oil too........ ;-)

Magufuli Honours Promise As Dangote Factory Gets Direct Gas Supply Production on of affordable cement now to start next month http://africaanalysis.blogspot.co.uk/2018/05/magufuli-honours-promise-as-dangote.html?spref=tw

Translation: The Energy Minister will officially launch the supply of natural gas domestic homes in the DSM, which will also include Coastal Region, Lindi, Mtwara https://twitter.com/TPDCTZ

AGM question: What is the contractor selection status with regards to the planned Nyuni 3D seismic programme? From AR: 30th April 2018: �Analysis of technical data over the Company�s licence for the Nyuni Area has identified several areas of interest, over which Aminex is planning to acquire 3D seismic� �A new 3D seismic programme is being prepared with the intent to map prospects capable of being economically drilled and tied into the SSIGPP.� �Following the grant of the extension to the Nyuni Area PSA, Tanzania, the terms of the licence require the acquisition of 600 kilometres of 3D seismic over the deep-water sector of the licence, and drilling of four wells, on the continental shelf or in the deep-water, by October 2019.� From October last year � 7 months ago.... �Block Nyuni area operator Aminex has said it plans a new 3D seismic programme to be prepared based on the licence area post relinquishment.� http://www.oilnewskenya.com/aminex-select-new-3d-seismic-contractor-tanzanias-nyuni-area/

No silly...AEX is the beauty

hello, hello....sleeping beauty opening one eye....

Flank attack then...changing strategy

What bashers? Not the wentsouth mob again? Sorry can't see as I have numerous twitsand dorks on filter

They'll have to work Fastly...

I get where that's coming from...I have in the past used the phrase 'more Ginly'

and another.. https://www.youtube.com/watch?v=yShvgXZQBTs

I have a portable fold out bar..refreshments will be needed as it will be hot down there

'64 companies line up for LNG tender' local and foreign companies - for provision of advisory services.... http://www.thecitizen.co.tz/News/64-companies-line-up-for-LNG-tender/1840340-4548724-10vl65g/index.html

'Wellbore Workover Offers Best Chance For Improved Production at Kiliwani North-1' http://www.oilnewskenya.com/wellbore-workover-offers-best-chance-improved-production-kiliwani-north-1/

On this wonderful sunny morning I�m standing back looking at the situation and here are my thoughts. The SP is (2.55) dire at the moment and dripping away as it usually does in between �news� � well so what? The SP hit a 7.69 high from a 2p standing start last year on the back of NT2 � so good gains are possible � on progress and results - that�s the nature of any investment beast. There is a �possible� farm out in the offing and they are in �advanced discussions� with a deep pocketed affiliate of the al-zubairs - if this does not come about there is always the last chance saloon option of putting up a farm out to the wider market � however if that fails as well I dread to think what effect it would have on the SP � however, the �possible farm out� HAS to succeed as it would also be the main cornerstone investor who will lose out as well as the LTH�s if it does not. A good farm out deal (and I have already �named my price�) would be in everyone�s interest � it would add to the MC, secure the existing cornerstone and ii investment and drive forward (with enough cash) the drilling, development and ultimately monetisation of the Ruvuma assets. I do not now at what stage they are at with the 25 yr licence (if there are fences or conditions yet to cross and meet prior to granting) or the most up to date position with KN1 and C1 drill contract � but these issues will in time reveal themselves � the truth will out inevitably - the fact that the AGM has been put back by a couple of months tells me that they have had a heads up and to make a bit of time for a number of things to transpire and also to allow sufficient time for the farm out details to be ironed out before putting the proposal for shareholder approval � which indicates that June / July will be a very important period for things to kick off � a fab couple of months ahead I know this is all old ground trodden over by many posters over many weeks � but as far as I am concerned I will continue to top up cheap and slice off high and ultimately sell out once my target price has been reached. I have no concern over director�s salaries or options or anything else � as an investor, my mind is fixed on my average and my exit price � that is all. IMHO and DYOR as always

Mint

another tweet ought to do the trick

I take 'advanced' to mean the percentage has been agreed..now finalising the $$$$ ppp Anyone think the same?