I rang the company the other day and spoke to a guy called Andrew. I asked him whether PVD had pulled out of the joint Eyasi bid as they ( PVD ) had released a statement saying they had no interest in any land based tanzanian acreage . He said he "had not heard anything and if that was what PVD had said....that was what they have said !"
So no confirmation from SWE.
Interestingly, nowhere on the PVD website does it make any mention of potential projects in Tanzania.
If i was a betting man I would wager PVD have pulled out which means SWE will get all of Eyasi or nothing at all.
If it is all the acreage......SWE SP is going to go ballistic.
SWE Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held