SL1 0.00% 0.0¢ symbol mining limited

As discussed previously on this forum, it does appear that PVD...

  1. 2,207 Posts.
    lightbulb Created with Sketch. 501
    As discussed previously on this forum, it does appear that PVD will join with SOGT in Eyasi.

    Info Source? None other than the Tanzanian Government:

    http://www.tz-licensing-round.com/development/html/overview.html

    So we have a continuation of Perth boys doing nice deals - Swala, Otto & Pura Vida management that is!!

    SWE - market cap 33M
    OEL - market cap 112M
    PVD - market cap 75M

    What will they need prior to drilling on these blocks?

    An Africa Oil style farmout transaction like this IMO!

    http://africaoilcorp.mwnewsroom.com/press-release/Africa-Oil-Closes-Farmout-With-Tullow-Oil-on-Blocks-10A-10BB-Signs-Farmout-Agreement-TSX-VENTURE-AOI-1385749

    2H 2014 Prediction:

    K-K SOGT 25% OEL 25% Tullow 50% (operator)
    Pangani SOGT 25% OEL 25% Tullow 50% (operator)
    Eyasi SOGT 25% PVD 25% Tullow 50% (operator)

    With back costs paid & free carried up to $XX? million drill costs, I hope this becomes a reality!


 
watchlist Created with Sketch. Add SL1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.