RE: So if they have the approval why not Rns it ?30 Aug 2024 08:35
They wont be allowed to respond if an announcement is due.My belief is that the increased volume happened for a reason.The PSC extension is coming imo.
Two-tier lying Starmer,council tax dodging Rayner,Rachel Thieves stealing from pensioners,Lammy the Foreign Sec that no-one wants to meet.Yep,the adults are in charge he he.
Hasiba-Because Tanzania has a way to go before revenue.A feasability study needs to be done then building of a production plant etc.This acquisition provides the potential for near term revenue hence restricting the need for future placings.A good move imo.The EWT is looking great so far.
Smiler-If He1 announce they've found a minimum of 15bcf of helium (not forgetting the hydrogen),then at approx $500m per bcf,this will be an asset worth $7.5b.Even taking your minimum of 10% value this should give us a share price in double figures.Remember this is from just one well.
Oh dear Turkish-well if sanctions means our GDP is 0.7% compared to the Eurozone's 0.3% and Germany's 0.1%,then I say let's keep them.Seeing as Brexit wasn't fully implemented I'd say we're doing rather well.
CCC-GKP did a placing at 5p then the following day announced the Shaikan discovery.It shot up to 16p then a few days later was 60p then a few weeks later £1.60 then a couple of years later £4,50.The rest is history re Todd Kozel,M&G gang of four,non-payments by Baghdad etc.
RE: Commenced or not commenced...that is the question7 Aug 2024 07:41
No,it wasn't pretty obvious to all that testing had commenced 8 weeks ago.Don't speak for me.It clearly stated that preparations had commenced with the arrival of SOME equipment.So,clearly not all equipment had arrived.You can see from the photos how much equipment had to be sourced globally for the first for Morocco.The fact that it's all there now is great news.Let the actual testing commence.
Very happy that testing has now commenced and we are perforating an interval of 104 metres on MOU3.Just need to get the statutory approvals from the Ministry to commence drilling on MOU5 which shouldn't be a problem since we have the support of the Prime Minister & ONHYM.Not long now.