Member Info for matherdj

Exactly, should be based on net income. Basic error.

So he thinks they'll make $59 net profit from each barrel?

Bison, do you know about the farmout and APT becoming the operator? Or are you saying they are trying to push them out rather than questioning the funding for Ruvuma?

Hi Smudge, used to have a cat called smudge and he was the most chilled out cool fella ever. Big childhood memory but slightly off topic :) I’ve seen many of these events touted as potential reason for things moving as if they’ve been held back for the specific event, but it’s never the case.

Hi Battle, no. You can read the RNS from 29th July for confirmation of delisting.

I'm sure they have many plans for Aminex, but I would not attempt to guess what they are. Probably the main question I would have at the AGM, if I can attend this year, would be whats the strategy for Aminex considering APT will basically be in competition for supply? They have talked about diversifying which would be one way of separation, but that looks to be a way off yet considering cash position and plans for KN.

But it must be for the development outside of Ruvuma if that's the case. Aminex are not the operator there, so maybe for moving forward with KN when able to do so.

Aminex of course and not amines as my phone prefers :)

Aimster, amines may have a third of what they had back when nt2 was drilled, but they have funding for many more drills and the pipeline to make it commercial. It’s a very different circumstance even if I personally think they could have got a better deal under better management decisions.

It takes them a while to get the RNS through the approvals required, so if this rise is related to things moving, we should see one this week. Fingers crossed :)

As long as they can get the drill to site before the rains they can drill. It’s the roads that are the problem.

Maybe tip-top posted the link and bun copied and pasted. Who knows and who cares really. Nice to see the rise and hopefully it holds or continues to give a good base for when things open up.

Whilst sentiment has changed on this board, I don’t think we’re close to license and the rise is most likely a false dawn. I agree with you buckle and no-one can say it’s rock bottom yet. By definition it was lower than we are now only a couple of days ago. By close, I mean I don’t expect it till late September at the very earliest but more than happy for it to come sooner.

Pretty much my thoughts too BG.

The review of all PSA's is not something that any 'relationships' will speed up Max and unless known to be happening at the time of the farm-out announcement , couldn't have been predicted. It really is as simple as that. I feel more confident that October 31st will be met than any of the previous dates given, but I honestly wouldn't be surprised if it were pushed out again. Fingers crossed it happens and history repeats with a December drill. One thing I think is pretty much nailed on is that it will happen and that's all that matters as the SP will act accordingly when it does and I'd be surprised if it doesnt happen within the time before a raise is needed again. Not worth looking at this daily and I don't expect anything to happen before mid September and probably more likely October.

Google can -
CEO of the Tanzania Petroleum Development Corporation (TPDC), James Mataragio has said that several SADC countries have already requested gas supply from Tanzania #MenanchiUpdates

You think Rojo? Please stop having posts removed whoever it is.

Cool, so which companies and comparisons are you referring to?

Could be 1m, could be 100m. Just stick your finger in the air Private.

Why not 13.7p?