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aex presentation, page-16

  1. 6,736 Posts.
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    Depends on how quickly they can get the people to Tanzania to do the seismic. Sounds like they plan to use two different groups, one for Kiliwani North and another for other areas in the Nyuni block.

    Whilst the actual act of obtaining the seismic may be quick there is then the analysis of the seismic and the reviewing and comparing of other seismic and data they have available which will take longer.

    I'd expect that if the news is good that we could get some guidance fairly quickly. End of July (4th quarter activities report) at the latest if it's good. If it's not so good they may wait until they've fully completed their analysis.

    I hope they tell us when seismic has started, that ought to bring a little bit of buying interest back into the stock. Good timing to if this rebound that's started turns out to be more than just a bear market rally.
 
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