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Estimated 71 Billion Barrels...
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youcan'tstopusnow
#41 Posted : Tuesday, December 27, 2011 9:33:51 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Kazi Iendelee!!

Drool
GOD BLESS YOUR LIFE
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GGK
#42 Posted : Wednesday, December 28, 2011 4:06:19 AM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
Hypothetically speaking, lets assume there is a significant oil field, say worth $3billion annually, how is it likely to affect the economy?

I saw another story on gold that says that GoK would earn 4% of the value of each export consignment in the form of royalties, in addition to corporate tax that is tied to the profits.

Is that good enough?

Kenya to award first gold mining license next week
"..I am because we are. "― Ubuntu, Umtu,
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hisah
#43 Posted : Thursday, January 05, 2012 11:43:41 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Hmmm... How did I miss this article.

http://www.nation.co.ke/...0/-/60twclz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#44 Posted : Friday, January 06, 2012 12:04:59 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
[quote=hisah]Hmmm... How did I miss this article.

http://www.nation.co.ke/.../-/60twclz/-/index.html[/quote]
Can County Govt.s now leverage on this as comparative advantages?
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youcan'tstopusnow
#45 Posted : Friday, January 06, 2012 1:09:59 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Thanks hisah. Had totally missed that too...
GOD BLESS YOUR LIFE
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simonkabz
#46 Posted : Friday, January 06, 2012 2:36:34 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
hisah wrote:
@Cde - will you believe this...

http://bit.ly/nCOUgZ

Going by the way Tullow has been mean with refusing offers from other investors for any stake or a opt-in, when this comes online it will be explosive... This would promote one to buy up the EAC investments like mad... No wonder the big banks (e.g. JP Morgan, HSBC etc) are vulturing around KE. Which also confirm the Nairobi Financial hub theme.

http://bit.ly/ondOJ3

http://bit.ly/fqE7SB

http://bit.ly/n7jF9K

http://bit.ly/pe8EVm - I wonder what Soros saw here. The fund scoped by the Soros Funds has invested in Craft Silicon, Paystream, Elris Communication Services and Hillcrest International Schools... If the CMA SME small cap equity market is launched next year and any of the mentioned are listed, I'll be all in...

As an aside. Soros portfolio commitments show a huge 13% in Sierra Leone. Hmmm... http://bit.ly/ovaYci









I have never figured out what this post is all about (unable to open the links). Where is this 71b barrels?
TULIA.........UFUNZWE!
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youcan'tstopusnow
#47 Posted : Friday, January 06, 2012 2:39:22 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
simonkabz, are you on a PC? All the links are working fine...
GOD BLESS YOUR LIFE
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hisah
#48 Posted : Friday, January 06, 2012 2:59:30 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The Isiolo upgrade. Why Isiolo smile

http://www.nation.co.ke/...56/1300682/-/15k4r5fz/-/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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platinum seeker
#49 Posted : Friday, January 06, 2012 3:31:26 PM
Rank: New-farer

Joined: 10/22/2010
Posts: 35
Location: Nairobi
[quote=hisah]The Isiolo upgrade. Why Isiolo smile

http://www.nation.co.ke/...6/1300682/-/15k4r5fz/-/[/quote]

Where there is smoke there is fire smile
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mlennyma
#50 Posted : Friday, January 06, 2012 3:36:52 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Preparations for black gold.
"Don't let the fear of losing be greater than the excitement of winning."
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