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Looks like Tradersam & Asteroider are right on the money given...

  1. 6,736 Posts.
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    Looks like Tradersam & Asteroider are right on the money given this snippet from the above announcement:


    Negotiations are being satisfactorily concluded with the Tanzanian authorities for a new, enlarged Nyuni PSA which will replace the existing Nyuni PSA upon its expiry this year.


    I was having a look at the exploration map for Tanzania and I can't see any other alternative unless Ophir & BG give up some of their East Pande Exploration Licence as you'd have to think that any additional acreage would be adjacent to the existing exploration licence.

    The only questions are on what terms and when will Ken tell us what is happening?
 
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