Member Info for matherdj

Enjoy. A lovely little place.

Dunder, there is only really 1 poster doing that and I think most would agree he is a fool.

What are you thoughts on the situation with AEX? I know you said you wrote these off a long time ago.

Going by the date of the last one Joe, tomorrow seems quite likely.

That will be one long movie without much story line (unless it sides on conspiracy).

Maybe a horse?

TGR, you mean has been played. It will turn but it's not really worth looking at the share price for the next year unless you intend to trade. Even then I think it will only just be turning on a proper upward trajectory. 3-5 years is what LTHs should be looking to for value.

So we'll never know what he was holding.

You saw Frank's, Chris.

Great post Penguins. You take some sh#t, but have always ended up pretty much on the mark.

It says the PSA review is complete pending the Attorney Generals approval. So, not just the sign off from the ministry for the farmout required?

No Frank, as Q1 had already been mentioned as 'disappointing if not already drilling'. It could however explain why the government is in no rush to sign off as to them whether it was 3 months ago or in a month or 2, it makes no difference.

I found this line quite interesting when it was released in a SOLO RNS.

'We are pleased to be able to secure an appropriate funding structure that allows the Company maximum flexibility to progress the activity and deliver value for shareholders. Particularly ahead of a major drilling campaign such as that planned for the Chukumbi-1 well in Tanzania in H1 2021'

20 million. How much is an offshore well Rojo?

But to your point rojo, Tanzania are 100% reliant on imports for oil. So it would be an instant market. Not a damp squib as you suggest.

I was only remarking on Tanzania's post. They are investing for the gas - pure and simple.

They say that's the demand, but they don't say that's what they'll be supplying. Big market though once ready.

Are you hinting at oil Tanzania?

You'd think it would be easy for the opposition to discredit his statements, citing the investment that's been waiting on the sidelines for over two years that could already have been in production and generating the energy required if it wasn't for this administration.

Fixed price anyway.

Maybe it is a fair deal BG; I dont know. I just would have thought the transportation through a pipeline and upkeep of such would warrant less than the country of origin or maybe a deal that included Uganda paying towards maintenance would have been better for them. I have no idea though.