The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Big push on clean cooking and energy... https://www.thecitizen.co.tz/tanzania/news/national/inside-tanzania-s-sh4-6-trillion-clean-cooking-energy-plan-4617214
Which is why..."Tanzanian Government's, firm commitment to achieving first gas as soon as possible, with a deadline of no later than mid-2025. "
Only you and your one tick friends RoJo 😁
If I continually worried about the past northern I wouldn't get up in the morning. What has gone before has gone this is a new era.
To clarify from the same RNS you read...
"The TPDC is responsible for the Pipeline's construction. At the meeting with Aminex and ARA, it reiterated its, and the Tanzanian Government's, firm commitment to achieving first gas as soon as possible, with a deadline of no later than mid-2025. "
Sorry hit wrong button.
They do tend to leak things in their local press. Aminex have stated that they're looking at early to mid 25 for it to be production ready
Hope that helps
Up to 3 month dependent on terrain was suggested by a research enquiry to a Scottish pipe laying company a couple of years ago. Not sure on the individual timing stages and wouldn't expect to be told, although k owing Tanzania they do tend to leak things begore
Northern, what is not to be optimistic about?
Are you choosing not to notice how many times the government in Tanzania have told us that the license is being issued and has been passed by the cabinet? Apart from a handing over ceremony what more do you need? That is in the bag!
As for the CPR, you have been around long enough to know how long it took for the 3D analysis to take place. Also when the previous CPR was done. Now we are looking at an independent company more or less doing exactly the same work all be it over a more specific area. As that CPR company was only commissioned a couple of months ago, do you seriously expect to have the results on the table within a couple of months or so? While it would be nice to have it sooner, I don't see that coming before the autumn at earliest. No promises on time scale on that were placed.
Sorry mate on this occasion I just dont get what you are concerned for.
Perhaps re-reading everything would be a good idea for you.
The position of the licence, the stage the pipeline is at, has been made quite clear over recent weeks through government announcements and RNS.
All pleasant and positive reading to enjoy in the garden on a nice sunny day like this.
Once fully researched andup to date, I'm sure you will realise the opportunities are here after seeing such a positive outlook. Good luck
Exactly Tom. Many companies would die to have that sort of potential of any kind.
Even accounting for aminex only having 25% that is still nearly a billion dollar hustle
You don't want much SleepH
Jeez I would be a millionaire with my last £2k top up alone.
I will cross all my fingers and toes 🤣
Nice find Wimbledon. Not convinced it will be for us here so will hang for a little longer. It appears its hanging on tight, to that 1.3 atm, which has surprised be tbh given the past.
I will be back and loaded again when the right opportunity presents. Good luck.
Thanks SC I knew you would soon be all over that. Let's do the sums.
55.2 million barrels of condensate x $66 =
Ooo look $3,643,200,000
Perhaps people should take note of that $3.64 billion 😎
Now that stuff is far more valuable than most people think around here. Surprises me it rarely gets mentioned.
"CONDENSATE". June 2021. A barrel of East Texas condensate was $66
Would anyone like to remind me how many barrels they believe they have? 😎
Big premium at the time too
🤣
I'll be happy if she keeps going. A 1.50 bid at close would warrant a walk down the pub 🍺🍻
No intention to argue about it Crusty, I'm just giving you the view of a marketeer
✅
I agree entirely on the cost side, but if you take professional PR advice it needs to be followed even if it has some extra cost.
To hire them at probably great expense only to ignore them would be a foolish waste of money.