Well clearly you're losing, and losing very fast. Comments such as these are so transparent. It demonstrates that you simply don't understand simple things.
The JV must:
- find industrial customers
- find power customers
- explore possibilities of supply
- JV with TANESCO?
- JV with Songas
- JV with World Bank?
- JV with Tanzanian Govt?
- what tax structure?
- will the Kiliwani gas be subject to a 'protected gas egreement'
- will the JV pay a tax to Songas to use the Ubungo power plant?
- JV could decide to export to Kenya instead, a situaton in which decisions similar to those above must be made, or the JV might consider both options!
Do you think it would simply take a month or two to figure this out! That's laughable! - and remember, the JV is just that, a JV, so they must agree on everything amongst themselves before appeasing external interests!
The company won't come out with a report to suit you. In the meantime you'll keep on losing.
The options will unfortunately not expire in the money (agree with Mudguy) and the heads are heading lower. I expect to add to my portfolio when they reach 15 to 16 cents on more bad news from the DJIA.
Can't believe I have been bestowed with the opportunity of picking these up for sub-20 cents, kind of similar to mugging someone. It's awesome!
SANPAL.
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