RE: What info do we need - when expected?1 Mar 2024 07:55
The company led placing provides the Company with sufficient working capital to progress its planning for the next stage of the work programme in Tanzania. The Placing has been undertaken with long term supportive investors, with Peterhouse Capital ("Peterhouse") acting as the placing agent. This placing enables the Company to determine the next stage of its work programme following the success of the Tai-3 and Itumbula West-1 exploration wells.
Will they take tai 3 down to basement pay dirt. Data from this well led them to zero in on the hot spot. Let’s see, new data sought may lead them elsewhere.