Member Info for sharehead

I checked back- it took Solg about a year and a half of rises to go from 1.5p to 40p’s and it took GGP just under that

They obviously multi bagged many times on that journey up

So I’m only going to be adding here along that time frame

Because we are sat on a known world class asset, with funds already raised, free carry on further development and revenues and tax write offs all in our favour

I know I sold out of the Solg and Greatland rises thinking I’d done well only to watch them continue to rocket

I’m not making that mistake again

Well unfortunately I don’t know or I would be a millionaire 😎

But sometimes these big rises happen more quickly than expected

Regardless I won’t be selling any time soon and have been adding more

Atb

News has barely started to trickle in here and the sp has been quickly pulled up to 2p.

Just think what the sp will be when the trickle becomes a flood. When the drilling starts, the gas starts flowing, revenues roll in and past losses write off future taxes

Then the surrounding area is worked up - ok that is awhile out but the license states it’s got to happen

And of course we still have a massive carry on future spend

Can see 10p genuinely being broken here

I still remember when Solg and Greatland went on runs from 1p right into the 40p’s - the difference here being we will be producing, collecting revenues and writing off losses and carried on costs - cash machine

Imo

True - just adds to the longevity of this area as a major asset which will be a big attraction in attracting more investment imo

Tbh my target was around 6p before the Development license green lit all discoverys in the surrounding plots by including all discoveries under this license. That’s a huge upgrade for me to consider now.

Tax write offs, revenues and condensate while all these fields expand

So once we have drilled and have gas flowing the license covers surrounding areas that could also have interconnected massive fields - just how big could this be for us when all these are up and running. What we already know is huge.

All the red tape for the new fields is skipped

Could be so many different things coming into play both over weeks, months and years

So we know that the Development License is the catalyst for the chain of events leading up to first gas and revenues

Beginning of rerate here with long way to run imo

RJ - exactly, they have the wind in their sails now and they want more

Stockcheque

I would agree & also they will want to fast track new gas finds to production and not add hurdles to such into the process now they are building momentum in bringing known fields to market

Further discoveries in the adjoining blocks will fall under the Development Licence.

So automatically any further discoveries are deemed included in the Development Licence

Nice !

Starting pistol fired…

Building momentum

Excellent 👍

As momentum builds usually overshoot targets or targets get revised up imo

Seems someone is out & desperately wanting back in….

I mean when you’re on a roll, roll with it

Imo

The thing I like most about current share price here is we are still in warm up exercises phase !

Agree the license is agreed and will be issued

The rise so far is just the foothills

I guess if you have followed this for years you understand the massive potential in earnings (with huge tax right offs) will bring

That’s why this is just the very beginning of the re-rate as far as I’m concerned

Exciting times

There’s many of us that have held this for a long time as we could see massive sp potential.

I certainly wouldn’t sell any of mine sub 5p and would likely wait for closer to 10p. I sold GGP far too early when that rose from sub 1p to over 40p

Upon receipt of the Development License, APT will:

Contract a rig operator to undertake the drilling of the CH-1 appraisal well to further derisk the asset and, if successful, complete as a gas producer.

Re-enter and repair a tubular leak in NT-1 to enable the well to be safely completed as a gas producer.

Undertake further testing on NT-2, currently suspended as a gas producer, using a mobile test unit, to refine the design of in-field gas processing facilities.

support the Tanzanian authorities in the construction of a spur gas pipeline from Ntorya