On July 7th, the Tanzanian government-owned TPDC announced that it will invest c.$50m in a pipeline project that would connect Aminex’s Ntorya field to a major gas infrastructure. Following this development, Aminex’s shares, in our view, have become a very attractive proposition to institutional investors that want exposure on Tanzania’s economic growth over the next decade. Consequently, our investment thesis on the company has become significantly simpler and it now revolves predominately arou ....