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Yes, private company or not, backhanders come under the money laundering banner and there's nothing the investigators like more than to be given a trail to follow.
I believe note 4 is saying that a 21 day guidance doesn't really bring much to the party. A more detailed report will follow.
Confirmation has been given on current volumes.
"Assumption" should be viewed in light of the first part of that paragraph/statement. You cannot have one without the other.
https://www.perenco.com
It's owned by the Perrodo family.
Well spotted :)
Admission doc published 30/12/22. Admitted to trading 02/01/23.
Ever the optimist.
Forecast to be around a year away:
https://cceonlinenews.com/2022/10/19/niger-benin-oil-export-pipeline-is-30-complete/
cplloyd
Thanks for that. I should have asked Mr Google.
https://www.energyvoice.com/oilandgas/africa/ep-africa/430699/chad-perenco-first-glencore/
Don't see why they should have, unless they have been greasing. I stand to be corrected, but they do not operate in Chad, although they have a presence in Cameroon.
Not ideal but if, as the Company states, the deal is watertight, then perhaps the Petronas assets become the sweetener for whoever the other interested party might be.
That should certainly stop any fun and games moving forward. It wouldn't be in anyone's interest.
TIL
The termination of the Petronas part of the deal would/should satisfy any competition worries and if there is a will in the Chad government, a let out from their recent statement.
Mr B
The sentence at the heading of the flash blog probably explains why.
tier
Try the fergus link at 17.45 below
fergus.young@camarco.co.uk
cyb
I believe Chad and Cameroon are both mid and upstream assets.
https://wp-savannah-2020.s3.eu-west-2.amazonaws.com/media/2022/01/2022-01-04-Investor-Presentation-FINAL.pdf
dellfrog
I believe we are talking about two different things here.
In general,market maker prices are driven by computer algorithms, which is why they can change so quickly in high volume instances, particularly with penny shares.
The examples you have given are the published trades from one of the platforms and they are always indicative based upon the mid price of the spread prevailing at the time. Matters get distorted when a buy or sell is just above (sell) or below (buy) the published mid price. Spreads can get wide or narrow, usually depending on volume and if you have the time and the inclination, you can check the real buy and sell prices at any given point in time by enacting "dummy trades" on line.
For an investment in a share such as SAVE, these nuances shouldn't really be of concern.
I've got two. ATH's that is :)
I'm beginning to wish I'd taken a few more.
Discipline 007, discipline :)
I had that nagging feeling yesterday morning thankfully :)
Apologies if this has recently been posted before but this Africa Energy presentation gives the details of Gazania 1, with the slide on page 8 showing the mapping of the two prospects we are exploring:
https://www.africaenergycorp.com/site/assets/files/3246/2021-04-block2b-presentation.pdf