Seen this before…keep the wolf from the door and everyone at Ophir can enjoy their jolly a little bit longer, but eventually when the lights go out we’re picked up for our debt and the pi’s are left stranded…
I hope that doesn’t happen, but it looks like there’s more than business level theatrics at play here, as in the hydrocarbon industry in general, there always is.
P, i did state there was something up in the beginning with E/G and NC isn’t gambling on anything he’s now holding on by the seat of his pants.
I can’t see the dam breaking much, all the governments are skint and cheap fuel is the way ahead and if its in house(shale oil)all the better its to do with economics and little else. I did read 2025 maybe a good year for global economics back in 2015 but who really knows as we have to watch all the old games for the rich and greedy being trundled out again.
Tanzania used to be British the hold up could be anything or nothing.
best of luck