Member Info for Markie1970

Incredible DFS over $1 billion NPV way over the expected $700 million I hope the projected blue skies past 9.5p still applies 🚀

A nice big Jorc RNS at 7am please

Would anyone have an estimate for the timelines for the results of the assays and jorc resource update it may give us an idea of when the dfs will be finished?

Yes I have just seen the reschedule timelines for the drill schedule appreciated GLA...

Sorry i realise there has been some flooding but if the roads have cleared and its only a day away and it takes a couple of days to set the rig up im hoping the 25th but a few more days wont hurt..

Thankyou for the info guys so its still possible to be ready to start drilling on or around the 25th February as per RNS so why has the 3rd of march been mentioned?

IJWT or does anyone know where it is or when the drilling rig is going to be in place?

Youhavenoclue green box me then you cant read my posts about what an obnoxioux fool you are

Pompey M is right it does state. The Company remains fully funded for the drilling and testing of Darwin #1 at Rudyard, being run in parallel with extended well testing at Clink #1 at Ingomar Dome.30/10/2024...

Testing remains ongoing at Clink #1 with results from first gas analysis to be announced shortly.

So they have gas

Could be another RNS this week

Eafster Lorna has said its going to take 3 weeks to 3 months to be awarded the licence and tha TG are fast tracking atm they will want to get this on the map and monetized

If they have over 1600 sqkm and they have relinquished 880 sq kms with around 300 sq kms in Eyisa that leaves around 500 sq kms in the Rukwa for commercial development maybe in partnership with the TG someone has been hoovering up these shares around 1p for some time lets see what the second RNS states....

Dazez TG terms probably the same 16% carry as in the same as Noble...

Blujay i will rephrase that 35 minutes into the presentation 10th july it was said that the y will be addressing potential JV opportunities and or financing /offtake agreements so they have been in discussions with potential partners.

Https://www.lse.co.uk/rns/HE1/forward-operational-update-79nypnabp0qn8yl.html

It clearly states that they have been working on subsurface modelling and resource estimates since march and they are in talks with a jv and they are in advance talks with the mining commission so for nearly six months they have had not just two weeks March 7th 24 RNS

Roger Jolly on top of Rukwa and Colorado they have two more basins to explore in Tanzania if they are as good as your calculations thats £150 million per year just in Tanzania

I think she has timed that interview to perfection and let the overhang from the placing to clear first blue skies ahead

Be interesting to know the reservoir size for 30 wells? Soon find out with feasibility study mining license application

No placing here big banks and offtakers financing this not until after the mining license has been awarded time for a rerate GLA