Hey Sam In the report they say-PVD ' the Company is in exclusive negotiations for a large, highly prospective rift block in Tanzania (Eyasi) across the border and in the same play as the recent discoveries by Africa Oil and Tullow.'
So, who's to say they won't get the licence exclusively and leave SWE out in the cold? I'm new to this share so I stand to b corrected- how many potential licences might be granted for Eyasi?
Also, coming from S African myself, I know all too well how 'business' is done in Africa, ESP at government level.. It usually comes down to who has the most $$ to bribe the powers that be.. I'm not so sure we can b so certain of Eyasi coming our way. Hope I'm wrong in this instance- I'm heavily loaded up in SWE and like the overall story.
SWE Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
