Member Info for mj152

The government in Tanzania is arrogant and think that investors will wait around for them.

Who cares how many I hold I just want something to happen not this continual radio silence from this incompetent and inept government. The business community moves on and this bunch will find they may not many people to do business with because of their constant delays. The TPDC are no help either as they have a different agenda probably because they want control of the area for themselves.

Mate they have had over 2 years to get this project off the ground and we are still waiting. Its delay after delay after delay. Next they will be saying that the PSA's have been printed on the wrong paper and need to be printed again before they can be looked at.

The Tanzanians can not be believed. They strung poor old Jay along and they are doing it again with the current management.

This arrogant government believe that they can continue the way they have for the last 2 years and companies will still want to invest. They better wake up because other countries are making their economies more conducive for investment.

Great work Tanzania you really know how to get things done. Bunch of jokers.

It's been 2 months since they started to supposedly wrap up the psa's and still not completed. What is this joke government doing. It's not a new thing.

Means nothing this government is all talk and inaction. Totally inept.

This company is being ground down to nothing by a government and the tpdc that are creating delay after delay.

When will that be

The shareholders are at the mercy of this government and its various agencies and departments and there seems to be no desire to push this project on. How long does it take to finalise PSA' s for goodness sake. The farm out has been ongoing for what 16 months. Wheres the drill. KN 1 has not been resolved. These are all things that have not been resolved or agreed still.

Joke government

Hear hear they want investment but make it difficult to get anything done.

What has actually been achieved in the last 15 months by this company and government. Not a lot from I can see. What a joke this stock has become. Two years on since this CH1 discovery and still no well drilled.

Absolutely agree lots of talk but no action. Now the government want to talk to investors again about something they have been looking at for a couple of years.

Another meeting that's all we need.

Both are culpable but the government should take a larger proportion of the blame. Do they care though no they don't. They think that they carry on and please themselves but if they continue with their attitude and indifference to investors companies will move to other countries where the business environment is more progressive.

Don't hold your breath. What this government should realise is that oil majors will move on elsewhere to do their business investment if it is taking too long and is overly bureaucratic.

The government feel no shame about their poor performance with regards to this sector.

They are not doing their job and granting a license and getting this project going.