RE: Tanzanian MP says Ruvuma may hold 100 TCF of gas6 Feb 2026 09:55
RogerJolly - We still do not know how much gas we've 'found'.
As EarEyeAm rightly posts "Maybe there's 10TCF in the licences Aminex hold, with 90% of that still to prove up."
What you say "what we have found is worth an awful lot of money " may be true, but you're missing the crucial point that it also costs an awful lot of money to extract it and get it to market. On the assumption that Aminex continues to exist, the value of the Company and its SP will be determined by the profitability of the venture and whether it gets paid.