Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
And then the other neighbouring blocks we have, which we will work on next.
https://www.corcelplc.com/project/onshore-kwanza-basin/
Remind yourself of the drilling site, the operator..
It’s all in their hands. Testing for reservoir size etc. It will come when it comes. Sonangol’s first onshore drill in decades.
https://www.youtube.com/watch?v=vWs4Vz7PMzA
Https://en.m.wikipedia.org/wiki/Sonangol_Group
This is our operator. They are a state owned oil co.
They will release the news when they’re ready to release it. Remember the spud was on national TV with Angola’s president speaking. Expect them to release something eventually.
“ Africa is home to some of the world's major oil-producing countries. Among the top African oil producers are Nigeria, Angola, Algeria, Egypt, and Libya. These nations have substantial oil reserves that have attracted international interest and investment. Oil production contributes significantly to their GDPs and export revenues.”
https://africa.businessinsider.com/local/markets/top-10-largest-oil-producing-nations-in-africa-in-2023/fljlkvv.amp
CompoundInterest
“MMs or particular broker must surely still be gradually off-loading shares in the background from the aftermath of Odey's firesale. I wonder how much more remaining?”
1.16% in June. They’ll be gone now
30 June 2023
Shanta Gold Limited
("Shanta" or the "Company")
Notification of Major Holdings
Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, announces that to the best of the Company's knowledge the Company's former significant shareholder, Odey Asset Management LLP, is now interested in 12,232,168 ordinary shares in the capital of the Company representing approximately 1.16% of the Company's issued share capital.
This updated position is further to the position disclosed by Odey Asset Management LLP in the TR-1 notification set out below. The TR-1 notification was prepared as at 20 June 2023 and, due to an administrative error, was only delivered to the Company today.
Latest German import statistics
The German market, the largest in Europe, is now in its 7th year. Since the previous report(external link) of 2021, imports have continued to grow and domestic supply has commenced. Imports reached nearly 25 tonnes of cannabis flower (or their equivalent needed for extracts) in 2022, up from nearly 21 tonnes in 2021 and marking yet another record. Three domestic producers are entitled to provide up to a further combined 2.6 tonnes per year, acquired and offered to pharmacies by BfArM’s Cannabis Agency (as of July, its price will increase from €4.30/g to €5.80/g).