I feel the following RNS is a fairly positive one and although things are still awaiting governmental approvals, I highlight the things I have picked out and make [comment] accordingly
25th February 2020
Aminex plc
("Aminex" or "the Company")
Corporate and Operations Update
Aminex announces the following update regarding the Company's ongoing operations in Tanzania and other corporate matters.
Highlights:
· APT and Aminex have agreed that upon completion of the Farm-Out and the transfer of operatorship to APT, they will seek permission from the Joint Venture and the Tanzanian authorities to move the contingent elements of the 2020 work programme into the firm budget
· Positive indications in-country that, after a period of reduced corporate engagement, the Government is re-engaging with the international business community to support the country's power demands