Member Info for sharehead

I remember the couple of thousand % rise in REM

They had no revenue at the time

I was lucky I guess as I bought near the bottom as it sounded like a good story and even though I wanted to sell once a few 100% up I just thought let’s see what happens

Eventually the Chinese bought it out I seem to remember - but I’d sold long before that happened

I guess I’m gonna hold this too even if it multi bags on licence

Better not to sell early and have regrets

Imo

I believe that the license is the key to unlock this share:

The operator continues to work on multiple work-streams to commercialize the discovery and contribute towards Tanzania’s energy security.

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.

Continue to support the Tanzanian authorities in the early construction of a spur gas pipeline from Ntorya to the Madimba Gas Plant to accommodate gas extraction from the field.

All of the above follows the license agreement

It’s the catalyst for major rerate imo and it’s due very soon

Get in now or chase the rise ??

Imo

Well I’m not chewing any nails 😂

Things are not going anywhere….

Until they suddenly are

Imo

Yes, and a good way too boost revenue quickly imo once we are selling the gas

* losses to date will allow us to off set quite a bit of tax on future revenue

In terms of additional funds I understand that tax losses to date will allow us to off set quite a bit of tax on future revenue

Also a great opportunity to avenge down imo

Crusty- the license is the key here to unlock everything imo

The resource is huge, much bigger than anyone imagined as recently confirmed by the 3D seismic survey

The GSA is signed and we now have a major condensate resource to sell too

Pipeline may be a year away but we have the drills before all that to complete

This is not ramping- it’s just the facts- that we’re close now to seeing the major potential here unleashed

Imo

Atb

Amazing you can currently still BUY a position below 1p

Seems the Development License is the key catalyst which will crystallise full progress on this massive world class resource

Good it’s due any time now

Imo

All this work is crystallised by the issue of the Development License which is due any time now

Imo

The operator continues to work on multiple work-streams to commercialize the discovery and contribute towards Tanzania’s energy security. 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.

Continue to support the Tanzanian authorities in the early construction of a spur gas pipeline from Ntorya to the Madimba Gas Plant to accommodate gas extraction from the field.

Development license soon I hope

Good point

The condensate is going to be a massive earner and provide substantial additional revenue

Imo

Crusty, I would say the pieces are all now falling into place.

The GSA has been signed

The 3D seismic massive upgrade reported

Development license is due any time

Then rig contracts and drills will follow

With first gas sales around say a year from now and also seems we can sell condensate too for additional income

With all that in mind, imo I would think that this could lead to a sp rise of somewhere between 300% to 1000% during the next 12 to 18 months.

That rise could start tomorrow, it could start in a week, a month, but you show me any other share with so much potential upside over that period of time

The fact you can currently load up sub 1p I guess is the cherry on the cake 🍰

Imo

Crusty - I would say anyone who does any sort of research into this company would see it is a multi bagger

Imo

Great find on the condensate

Crusty - SOS - they have realised it’s a multi bagger 😂

Makes me laugh 😂

Delusional people who think that they will get 16p

IMHO