Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Thanks Bullfrog. Well found. I's all go as we suspected. RNS incoming after that.
"A founder of Ruvuma, the largest onshore gas project in Tanzania."
"Committed to energy security and Prosperity for the people of Tanzania"
"Fuelling Tanzania's economic development and bettering the lives of its people through natural gas"
"Bringing reliable and cost-effective energy faster and cleaner for decades to come"
All the PR noise say's it is happening. The last two paragraphs particularly could not get past the nomad if it weren't known to be happening, as it would be seen as blatantly misleading.
The RNS is surely on its way
Desperate Hams intellect is not looking so clever having been ripped apart by a proper accountant 😂😂🤣
BG I believe the budget was approved at government level this time last year
With more laugh a minute twaddle from 'Desperate Ham'
The author writes more like the envious One Tick Mick with every issue he posts and looks like it too with that inevitable tick that appears with in minutes of the publication.
At least now this fella is running on borrowed time here, he won't be getting these prices for too much longer.
You leaving at 1.5 now Rojo? You keep lowering your sights.
Folks are going to miss you
Bug bare of mine.
Tick down on the back of four trades totalling £31
With up coming drills back then, it was on every ones radar. I'd hazard a good guess it is mainly Lths who have picked up on the news so far. Once the RNS lands I expect it to grow from there and the more solid future plans they provide, the higher it's likely to climb.
Almost immediately after the tweet.
The wording there hints it is very close, but yes would ve great to see that RNS with some meaty bones
From the wording in the tweets it sounds like its all agreed
My word Joyo is that excitement I detect. Are you sure you are posting with the right ID? 🤣
#1 of 3: 2024 is shaping up to be one of our busiest years yet as we take part in Tanzania’s largest onshore gas development, Ntorya.
#2 of 3: Together with Ntorya’s operator, ARA Petroleum, we have much work to develop the field and start producing gas for the growing domestic gas market, ensuring energy security for Tanzania.
#3 of 3: To access all the details of the next steps for the Ntorya gas development and read our latest announcements, go to our website at aminex-plc.com
#Tanzania #natgas #energysecurity #africagas #eastafrica #ongt #onshore #offshore #pipeline #investors #shares
Yes RoJo opinions are only opinions. Nothing to get knickers in a twist over.
Anyway RNS at 7am hopefully.
Ok so you dont want to answer my specific question which was...
What part of the RNS for CH1 relocation do you not understand?"
As for three years, I think it was obvious that it was only my opinion about making a specific exploration for oil.
I take it I am allowed an opinion?
SC I am all for going after the oil but what part of the RNS for CH1 relocation do you not understand?
The new plan is to concentrate on the16.5tcf (re 3d seismic upgrade) of gas which in itself is recognised as a world class gas field. This was at the request of Tanzania. It is as said, highly likely exploration for the oil will take place in the future because of those shows but with gas being the priority, I can't see that being for at least three years.
If you read Ufufuos workings on potential value, on the gas alone he is showing anything from 4p to 25p. On top of that they claim to have large quantities of valuable condensate which would bring added value. The oil potential is now only a long term potential option.
Hi Edgar
Uchimbaji
Uchunguji
You are correct but the partners have already done the exploration and further exploration is to come with each development well. Afterall it is a field development licence applied for and not an extraction licence.
Even so, the above Swahili represents both and could easily be misinterpreted in translation.
With it flying up 46% the other day and the PR pump that went alongside it, I would have thought an RNS of denial would have been demanded if the rumour/Tanz news were false. Unusual trading generally gets looked at I would think.
*Barrelage.
Rns due to confirm the words of the Tanzanian Deputy Prime Minister/Energy Secretary that The Tanzania Petroleum Development Corporation (TPDC) and its partners have secured a license to conduct natural gas exploration at the onshore Ntorya gas field in Mtwara region.
The words were said in a speech during last week in Dodoma at the Tanzanian energy week event. Covered fully across their in country media in English and Swahili.
Good luck all
It's true they did have oil shows in the mud at nt2 but the concentration for now is on that 16.5 tcf of gas and the huge barrel edge of condensate they believe they have. Once the income starts rolling then the exploration to the lower levels for the oil can and will no doubt begin.