Any thoughts on the idea that by the time the license comes aminex will be valued so low that the zubs will end up with all of ruvuma? Obviously Tanzanians will take their 15-20% land owners rights. Aex and solo can then concentrate on kiliwani?
I think once the license is sorted aex and solo will both be forced out, aex will be so cheap that zubs will prob make them an offer they can’t refuse. It’ll still be a good few years until production will commence out of ruvuma. Aex and solo will be left with kiliwani, which won’t be all that bad if they can re-perf the deeper sections and get it flowing again.
It’s a long game steve, we invest because we know what solo have, it’s under the new bod to deliver that. Transformational period. I’ve heard that before many times in many stocks.
It’s a long game steve, we invest because we know what solo have, it’s under the new bod to deliver that. Transformational period. I’ve heard that before many times in many stocks.
5000 bopd within 5 years, how much of that is coming from ch-1 and potentially kilwani? I would expect a farm into an existing gas or oil field in Europe sometime soon looking at a possible 4-500 boepd
Yeah second that, meanwhile somebody just sold £17 worth of shares so the mm are getting truly desperate. Surely what is the point. Should have suspended the stock for 6 months
Haha I do hope this is the bottom. Other aim Oiler’s moving up today, I know we have gas but, solo has been forced into submission. About time solo’s head popped above the parapet
Crazy valuation, 25% of a multi tcf gas asset!!! High risk, huge rewards. “Are we there yet” nearly, just need approvals that everything is legit and upfront.. If there was ever a stock that you could stick 10k in and pull out 100 in 1-2 years. This could be it. Flick of a switch