Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Guess we are one of the 11 companies
https://www.energymixreport.com/tanzanias-tpdc-set-to-implement-lng-project-by-2023/
More gas needed for refinery - the amount of Gas in this article gets a mention - very relative.
https://www.miningweekly.com/article/tanzania-to-add-gold-to-reserves-resume-3bn-iron-project-2021-06-14
And there's your market for gas
https://www.energymixreport.com/kenyan-tanzanian-presidents-ink-pipeline-deal/
I prefer to see our invoices paid, monies to keep the lights on without dilution and possibly a plan for KN.
I'm hopeful this will be the first news.
My first post of today was to highlight the latest stance from TZ government toward foreign investment, encouraging.
Bodes well for TZ relations with foreign investors.
https://allafrica.com/stories/202104070563.html
Increase in Gas usage. Surprised we didn't get a visit from Mick2020
https://www.energymixreport.com/tanzanias-gas-supply-sees-a-spike-from-mnazi-bay/
Good to see a market for gas opening up beyond domestic.
https://www.energymixreport.com/uganda-to-import-coal-gas-from-tanzania-for-steel-production/
I think when the RNS arrives indicating the deal is complete, there will be more meat on the bone regarding forward planning. This RNS may take a little longer than a few days. I am not suggesting for one moment the deal isn't in the bag, lets face it ARA have kept us going.
an RNS to drop imminently (I may be wrong, could drop in the morning). RNS cost money to publish and I think the next RNS will confirm farmout with added information on future planning. An RNS to confirm the farmout is complete would be a bit of a damp squib. I'm expecting a few weeks before the next material news - only my opinion, could be red faced in the morning.
I should imagine the political campaign would love to show a gas project with 'National significance' moving forward. It's twisted to hold things up for political gain, but if it gets signed I'll cope.
https://www.theeastafrican.co.ke/tea/news/east-africa/magufuli-pledges-to-power-tanzanian-villages-as-campaigns-heat-up--1930704