So the plan is for the Government owned Tanzania Petroleum Developmemt Corporation to hold between 65% and 75% of these 4th round licences,, for eventual on-sale to Tanzanian investors, as the Tanzanian investing community develops over time.
Hmmm, doesn't our Tanzanian listed SOGTL (SWE 65%) already appear to be in pole position to pick up some of these interests from the TPDC as they on-sell the Governments stake?
SWE Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held