zambia block 31, page-3

Hi all, sorry to harp on about Zambia again but the next decent catalyst for SWE may well be an award (or two) in Zambia - and we should know by mid march IMO.

Their Mines & Energy minister Christopher Yaluma told the on 31 Oct 2013 that they had awarded licences to various un-named companies then the official announcement followed 5 weeks later on 5 December.

On 6 Feb 2014 he told the media that they had awarded licences to various un-nemed companies in the northern provinces Tanganyika area.

So if same timeline then we should know mid-march.
Block 44 on Zambezi river / Lake Kariba in the south would be nice but if we get Block 31, then SWE could be back up near 40 cents IMO.

If there is an Eyasi in Zambia then Block 31 is it!

For those that don't know the chairman of Kainsha Energy (SWE subsidiary in Zambia) is an influential political figure & one of Zambia's richest men - Charles Milupi.

Here is what he had to say last year:

http://www.muvitv.com/swala-energy-zambia-to-start-oilgas-exploration/