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Combined with Lesedi it all looks very interesting. Having always avoided the two most lethal snakes in the world, these projects are in the middle of nowhere (Kalahari game park) miles from civilisation. Worth a look though. South African input required, Rbillions needed . . . they might be interested in view of their power generation crises and outages. Eskom would have to come into the transmission frame.

https://businesstech.co.za/news/energy/436353/cape-town-wants-to-get-off-eskoms-grid-as-part-of-south-africas-new-energy-deal/

Long road here. Rbns to link up to a southern Africa grid.

I would like to think m-o is not dissimilar to Alpala/Cascabel in order to pinpoint and trace these extraordinary numbers for at least one undisclosed location at Bushi/Isulu. Also I can't believe Bristow and others are not on their mobiles to Eric and Yuri.

These figures we are getting rank alongside what I remember from Barberton, Odendaalsrus/Welkom and the Witwatersrand.

It would be great to survive another 5 - 10 years to see the Shanta story unfolding.

sic - 10k bopd or 300k barrels monthly

Not much happening on TSX today but holders will note that the actual gain here today is effectively >2.2%. With four late trade entries after the bell tomorrow could be a repeat exercise.

The ONP contract is understood to be for 10k barrels monthly. The first two days of September show nil in the PTAL column. Shipping 220k x 2 to Manaus is becoming a priority if full field storage capacity is limited to ~700k.

I leave it to others to calculate true ups, hedging and loan repayments. On the whole the picture looks quite healthy to me. There are at least three notifications/updates outstanding. With a bit of luck the year could end on a high.

So pitiful I'm considering relegating some of the holding to daily trading status.
And I was one who, together with shorting, condemned the practice.
Hard to credit this share's flatulence.

Whilst I am no authority the last 15 trades today were of foreign origin, possibly from either Europe or Canad/USA. It's Labour Day over there. Markets closed.

https://www.londonstockexchange.com/stock/PTAL/petrotal-corporation/company-page

Follow them late trades on the above link.
We do not always have every deal listed on this platform.
And they could well signal a trend for the next day.

Labour Day in Canada.
Put in a couple of orders today, the last being @ 16.8625 in case there is an announcement tomorrow, both here and Toronto. Spectacular gains not anticipated but I, too, expect a rerate in Q4.

Can we still do it on our own in view of these good grades already going down to 650 m?
Very much doubt it.
Barrick, where are you?

https://ekimeeza.blogspot.com/2011/03/busia-uganda-gold-mine-sitting-on-gold.html
(a reminder although dated)

As EZ used the term "Busia-Kakamega" belt it is relevant to repeat the corridor extends well beyond the limits described to the west. It is not intended to suggest Shanta should create a Ugandan division because existing legislation there is a can of worms. Mineralisation does, however, continue all the way to the western border and north up the road to Kitale and across to Mt Elgon.

Another area of personal interest (as I remain convinced on Bushi/Isulu success) is community resettlement. It is some way down the track but a recent example is of 200 families that have been rehoused: costs amount to $35m with new bungalows and streets for all.

@ 17:38 - I certainly enjoyed those lines because it's been a hard ride of late.
Incidentally Biden and Boris worry me.
And am taking the view that the $ and euro are shot.

https://en.petrotal.pe/gestionsocial/

Initiatives now well established.

@ 18:38 - I go along with those sentiments.
And my dismay at another 5% SP fall merely lasted a day.
Should be a decent week ahead.

https://www.reuters.com/world/americas/fledgling-peru-govt-seeks-new-deal-with-miners-minister-2021-07-31/

Lately I have more faith in Peru's new economic model.
Bear in mind my experience is in S Africa, Mozambique, Kenya, Tanzania and Zim.
Corruption combined with population sloth quickly scuppered most hopes there.
I would like to think the Puinahua are a proud race.

Slipped up whilst concentrating on Au stocks this afternoon.
Always difficult to interpret trading activity here.
MZ is a busy fella and doesn't always tell us everything. See -

https://www.efe.com/efe/america/economia/petroleo-con-rentabilidad-social-idea-que-castillo-quiere-aplicar-en-peru/20000011-4605673
(The local diario might throw further light on the matter.)

Pilot Plan
". . . agreement also includes basic projects in immediate electrification, water and sanitation, parks and a communal premises, as well as the legal defense of the bereaved of the deceased and injured in the protest that occurred in July of last year.

"In that sense, Minister Merino recognized the work done by PetroTal as operator of Lot 95 and said that its management will seek that the State intervene to harmonize relations between operators and communities directly involved in investment projects".

I now believe the plan has advanced and further information should be sought.
Could have/should have/would have injected a bit more cash into PTAL.
Might be able to do so a.m. Monday.

https://www.tietto.com/projects/abujar-cote-divoire/

Diagram intended for those who know Côte d'Ivoire.
[None too pleased with today's SP. Tenacity required.]

https://www.samso.com.au/post/tietto-minerals-limited-a-simple-gold-mining-story

Plugging another Au development is not the intention.
The numbers, however, contrast sharply with Lirhanda.
Tietto CEO was mostly influenced by artisanal activity.
The same picture is present at Bushi/Isulu.
It's worth hanging in here in view of stronger mineralisation.

[NO originally steered me away from a Cu prospect in Queensland.]

Whilst admitting to inadequate knowledge of JSE's theatre of operations I have a better handle on the subject than a month ago. (It is certainly a stronger candidate than ENQ's model which I exited 10 days ago.)

https://www.energyvoice.com/oilandgas/asia/346397/petronas-hands-pscs-to-rex-in-malaysia/
Petronas is mulling over divestment in its backyard and this factor alone has been a probable SP driver in the past week.

I also noted yesterday that acquiring more stock was no easy task. Although eventually getting a fair amount sub-79p I switched attention to CEY as they were going ex-div today. Swift progress on JSE is not assured but, if anyone wants a guide, they should have another listen to -

https://www.bing.com/videos/search?q=Jadestone+energy&docid=607992289215991587&mid=CC3FC8533734659D847CCC3FC8533734659D847C&view=detail&FORM=VIRE

Bid = 80.5p
Doing okay although one or two opinions tend to think Maari deal will founder.

@ 08:16
https://www.morningstar.com/stocks/xlon/trx/ownership
I treat the above link as a casual reference only.
Dubious reliability.