Member Info for RogerJolly

SC I just look at it as an early potential use of our gas. Internally a pipeline to Madimba is planned but an export pipeline across Africa will likely have me in a box before that happens. This perhaps provides another option for income even if not top dollar, but that decision is no longer Aex to make.

The video was made five years ago and it was muted as an early route to market by the company as a possibility after NT2 although I don't recall any mentions of export at the time.

So many Mystic Megs we have on this board.

Scammers the lot of them.

We're Doomed I tell ya Doomed 😂😂🤣

Lighten up guys a commercial discovery would turn this ship 180° and you know it!

Hit or miss, roll your dice but don't pretend you know the outcome before the drill is done.

SC see my post last night at 21:11

There we go legal the age old attack the man when you can't answer. Sorry buddy, you fool only a tiny few of your own kind.

Yes Legal I know. You said the same everyday during the last drill and are saying the same on this one. Do you say the same about every drill?

Why do you feel the need twice already today when hardly anybody is posting? (Only 7 posts were made following up your last repetition)

You said to me last night that you have never shorted. I'm not going to call you a liar, but I think you should take a look at every post you have made here over the last six months then explain what is in those posts that might convince people otherwise.

Multiple posts daily with everyone emphasising a negative is not going to convince anybody. Even the most ardent pessimist will find a positive somewhere.

So if you are not shorting and not holding, just exactly what is your motive?

5 years ago this company were planning to export LNG across country in Africa from Tanzania. 20 minutes in makes specific reference. https://youtu.be/lc3IvPvlZOM?si=DVTv1wNl-W9bF0oY

I simply disagree with it Legal. It might be profitable for those who know how, but in my opinion it is not ethical to deliberately work for destruction of value. It is in my view stealing from other investors.

You did ask so please dont knock the messenger. It is just my strong view and probably the reason we have clashed so much. Equally I'm not in favour of over ramping

As you day Scott a partner or buy out would be on the cards.

As a small exploration company, like most they are there to find it, after that money from the big boys is required to develop.

The short term profits are first on the find and then results of a CPR estimating the resource.

After that its a long term development plan and how that is put together. With current world shortage, I think that might be done quicker but as you say still a couple of years.

Mcadder they couldn't re-enter Tai3 as it wasn't planned for that eventuality. Ie. Smaller casings and drill bits are long lead items and would take a while to obtain.

The fact they went to the expensive of casing it rather than plug and abandoning is a good thing, but they will need success at Itumbula to enable them to return.

Legal I wouldn't dream of calling that a deramp. Your theory of a positive spin is exactly what a board would do in that situation. Their priority is to keep the business alive and of course their salaries

coming in.

Another failure here will not be good, but equally a success will be extremely good for those in at this level.

It is a binary bet as are all drills and the way I see it is from here at this low, the potential gains are worth the risk of the potential losses, others have to make that decision for themselves.

Oh dear Sine will you ever learn? You exaggerated that there were 10+ rampy posts when there were three. You accused me of ramping and now you do it again.

Please explain to our fellow posters how you see my response to mcadder bringing the news to the board was ramping?

"103% That is some jump mcadder. Will look forward to what Monday might bring"

Purely a comment on the news, as a holder why should I not look forward when in receipt of no other information? As your attack on me came from that post, I think your definition of ramping makes you a sad person that cannot deal with conversation.

What I'm receiving from you however is lies, misdirection and an unwarranted personal attack. Perhaps you should just stick to the information which we can all learn from.

As for fantasies, the only one I have is to have a regulation that bans shorting.

Still pushing BS Sine? You couldn't read and made false accusations this morning, now you can't count. 10+ may ass😂😂🤣. You really shouldn't be digging others out when you are exaggerating everything yourself. I can just imagine you s*** ing yourself when you first saw that claim of 103% posted up. It would've been messy on Monday morning for shorters if there had been big volume.

Can do nothing but chuckle at your own over reaction. At least we can see you!

Interesting point Scott makes Crusty.

Sometimes fresh eyes are what is needed.

History provides knowledge but it can also blind folk. As I've said on another Tanz investment, what is done is done. Any investment therefore has to be looked at from the current position.

If I had no current investment here and was looking at it anew I would have to say that there is potential for big rewards. Last weeks spike proved it is being watched closely and the future looks pretty positive. It could take off and climb rapidly at any moment.

@Sine I know you love to deramp and are desperate to find fault, but if you read the thread properly you would clearly see from my post it wasn't me that reported it.

Nasdaq

103% That is some jump mcadder. Will look forward to what Monday might bring

Crusty a mini LPG plant is modular and comes on the back of a truck so effectively the possibility of production and therefore income is an option as rapidly as it can be deployed once mid-year testing is complete. Not saying it will, but lets not be too pessimistic, we have just had some very good news that we were awaiting and we wouldn't have that if there was no intention to sign the development licence. Tanzania say they are expecting to receive 140mmb within three year and the LPG is to be installed to supply the outlying areas of the country.

The following seems to indicate the drill locations are being accepted under a joint plan

"Dr Biteko said that in order to reach many people, there is a need to covert gas into liquid and transport it in different parts of the country.

Explaining about the project, TPDC Director General Mr Mussa Makame said that the signed project will increase availability of natural gas and definitely contribute to the country's economic growth. He said that currently a total of 1.6 billion cubic feet have been explored and tested, adding that this year, TPDC, in collaboration with the companies that signed the agreement, has planned new drilling points to increase the amount of gas produced"

Winalot. Good point, but I think that will come along with the development licence. In fact the location change may possibly have been the cause of the delay in its issue as I am assuming planning and local approval had to be adjusted and dealt with.

Wanderer. My take is that they have already selected the rig as was asked at the AGM because the long lead items had already been delivered. The rig I had anticipated is no longer available, but they did say they wre in discussions with a rig supplier. I can only assume they have everything decided and lined up ready for once the full go ahead is given. Spud will then depend on the rig plus crew/services availability and logistics at that time.