Aminex Share Discussion Threads

[dunderheed] 26/4/2024 21:31

"Mate" we're not interested in your he1 guidance.
Just stay over there nonentity.

[rangenoresources] 26/4/2024 19:51

Another week passed and no sign of licence RNS. It’s amazing rampers try and pull the same trick to try and get them out of the mess they are in.


This will be below 1p again when people realise it’s another false dawn.

[haggismchaggis] 26/4/2024 19:16

4skin returns LOL!!

[skinwalker] 26/4/2024 18:44

Give it a rest mctripe.
You're becoming increasingly desperate.
For how long have you been frantically ramping this share ?
15 years ? More ?
Put a sock in it now - nobody's listening.

[haggismchaggis] 26/4/2024 16:32

It is evident that ARA mention Oil several times in their 3D Seismic analysis. So any trap that ARA drill could contain Oil. CH-1 is unlikely to because it is the same trap as NT-2 penetrates, so we know what is in it, but any subsequent traps could contain Oil. The most noteworthy mention is "Both the Karoo and Jurassic source rocks are now identified as being potentially mature for OIL and gas generation in the Mtwara Licence".
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"Large structural and stratigraphic traps have the potential to host gas and OIL accumulations including, inter alia, a large untested mass transport complex prospect (“MTC”) which, in terms of structure and depth, closely resembles several of the large-scale offshore accumulations which await development."
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"OIL and gas shows are noted in sands identified on mudlogs in Likonde-1 at the levels of the Jurassic post-rift prospects in the block, suggesting the bright amplitudes up-dip of the Likonde-1 well could be potential direct hydrocarbon indicators."
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"Deposition occurred during the Early Jurassic in a partially restricted marine environment allowing additional potential OIL and gas source rocks to be deposited and preserved under anoxic conditions. Both the Karoo and Jurassic source rocks are now identified as being potentially mature for OIL and gas generation in the Mtwara Licence"
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"The southern of the two mapped lobes is distinct as a separate prospect, but in contrast to the northern fan, the feeder channel has not been preserved potentially aiding up-dip trapping. OIL and gas shows were noted in sandstones in the Likonde-1 Jurassic interval which, when combined with strong indications of fan geometries significantly derisks these prospects."
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[haggismchaggis] 26/4/2024 15:35

mjcferguson, as per RNS 29 Feb:
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Whilst APT awaits award of the Ntorya Development Licence from the Tanzanian authorities, securing the assets for development for at least 25 years with provision for further extension, the Operator continues to work on multiple work-streams to commercialise the discovery on behalf of the joint venture (JV) partners and contribute towards Tanzania's energy security. Upon receipt of the Development Licence, APT will:
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· Contract a rig operator to undertake the drilling of the CH-1 appraisal well to further derisk the asset and, if successful, complete as a gas producer.
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· Re-enter and repair a tubular leak in NT-1 to enable the well to be safely completed as a gas producer.
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· Undertake further testing on NT-2, currently suspended as a gas producer, using a mobile test unit, to refine the design of in-field gas processing facilities.
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· Continue to support the Tanzanian authorities in the early construction of a spur gas pipeline from Ntorya to the Madimba Gas Plant to accommodate gas extraction from the field.
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As per the Tanzania Parliament document:
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Until March, 2024, the works carried out include completing the interpretation of the 3D system seismic information collected in an area of 334.9 square kilometers and continuing with the preparation of repairs and well tests for the Ntorya 1 and Ntorya 2 wells .
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In addition, the Contractor is continuing with the purchase of the Chikumbi-1 well boring plant.
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[haggismchaggis] 26/4/2024 15:27

FOMO Friday anyone?

[mjcferguson] 26/4/2024 12:00

Hopefully ARA have drilling company lined up to drill asap.

[haggismchaggis] 26/4/2024 11:36

The licence has to be issued and in ARA's possession at some point, that is what I expect to see at a ceremony. Whether anything needs to be signed is a moot point, as the milestone is ARA receiving the licence. AEX cannot RNS it until it is in ARA's possession, just in case anything stops it arriving, even if that is odds of billions to one against.
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Tanzania have been telling the country that Gas is coming for everyone, they have been rapidly installing domestic gas pipelines to loads of new areas and promising loads more. That they can announce this huge Gas development licence that promises the supply of that gas to consumers is undoubtedly a huge PR win for the Government. I'm sure they will big it up as much as they possibly can.
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Big fanfare presentation coming soon IMVHO.

[rangenoresources] 26/4/2024 11:34

Sea of Red as people realise they were mislead by rampers

[rangenoresources] 26/4/2024 07:41

Haggis = 🤥

[goggin] 25/4/2024 22:12

Hi haggismchaggisGreat postWhat was the date of cabinate approval if you have it?TIA

[haggismchaggis] 25/4/2024 19:39

I did say many times that the issue of the licence was what we are waiting on, and sure enough there it is stated in Parliament:
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"Likewise, the Cabinet has approved the issuance of a license for the development of this Block where the procedures for the issuance of the license to TPDC on behalf of the investor (ARA Petroleum Company) are being completed."

[haggismchaggis] 25/4/2024 19:27

Translation of Tanzania Parliament document.
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B.2.2 OIL AND GAS EXPLORATION AND DEVELOPMENT PROJECTS IN BLOCKS THROUGH PSA
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Ruvuma Nursery (Ntorya)
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112. Honorable Speaker, this project involves the development of natural gas discovered in the Ntorya area in the Ruvuma block.
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Until March, 2024, the works carried out include completing the interpretation of the 3D system seismic information collected in an area of 334.9 square kilometers and continuing with the preparation of repairs and well tests for the Ntorya 1 and Ntorya 2 wells .
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In addition, the Contractor is continuing with the purchase of the Chikumbi-1 well boring plant.
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Likewise, the Cabinet has approved the issuance of a license for the development of this Block where the procedures for the issuance of the license to TPDC on behalf of the investor (ARA Petroleum Company) are being completed.
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113. Honorable Speaker, preparations for the construction of the Ntorya gas pipeline to the Madimba gas processing plant are ongoing where the Environmental and Social Impact Assessment (ESIA) has been completed and the Engineering and Construction Lead Consultant is completing the engineering feasibility study to facilitate the tender of pipeline construction to be announced.
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141. Honorable Speaker, the inspection and management of oil and natural gas exploration activities has continued to take place in blocks of Tanga, Namba 1, 2 & 4, Nyuni, Ruvuma, Ruvu and Kiliwani North. In addition, in the Eyasi-Wembere area, the processing of the data taken from the 2D system has been completed and the procedures for finding a contractor to translate the data are ongoing.
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In the Ruvuma Block, the work of interpreting the seismic data taken in an area of 334 square kilometers has been completed and preparations have begun for the development of the discovered natural gas
including the repair of Ntorya-1 and Ntorya 2 wells that will be used to produce natural gas and drilling of the Chikumbi-1 exploration well.
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Attachment no. 9 is a map showing the state of exploration, development and production of oil and natural gas in the country.
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[haggismchaggis] 25/4/2024 19:15

Sites in the Domain .go.tz are all Tanzania Government official websites. The below is a news item on the Tanzania Ministry Of Energy website. nishati.go.tz translates to energy.go.tz. The information must be correct, as they would not publish false statements on an official Government website.
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It states: "Katika Sekta ndogo ya Gesi Asilia amesema kuwa, usimamizi madhubuti unaendelea ambapo chini ya Serikali ya Awamu ua Sita, imetolewa leseni ya uchimbaji wa Gesi asilia katika kisima cha Ntorya mkoani Mtwara huku leseni ya mwisho ikiwa imetolewa mwaka 2006."
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Which in English states: "In the Natural Gas sub-sector, he said that strict management continues where under the Seventh Phase Government, a license has been issued for the extraction of natural gas in the Ntorya well in Mtwara region while the last license was issued in 2006."
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And a working link for the Ufufo post

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[goggin] 25/4/2024 14:17

Good news on the wayhttps://twitter.com/AminexPLC/status/1782684876048679041?t=FvLrPnjnf2HgzVq71NTVXA&s=19

[pigeons] 25/4/2024 11:30

YES BG just Meant to get to. new investors. that the small caps and aim. though not the place. unless you know what you're doing to invest in. you've learned the ropes. Stick to the big boys. Little and often with a divvy.

[blackgold00] 25/4/2024 09:49

Ah, it's skin the rojo, been talking about you elsewhere 🙂

[skinwalker] 25/4/2024 09:30

Yes 888ICB - in the long. distant past !

[888icb] 25/4/2024 09:09

I think you will find that AEX is not an AIM listed company and in the past has had a market cap in the hundreds of millions.

[skinwalker] 25/4/2024 09:07

It makes little difference whether it is AIM or not.
It's a DOG. That's all you need to know.

[blackgold00] 25/4/2024 09:02

Aminex is not aim

[pigeons] 25/4/2024 08:50

I noticed this. years ago. and I only have one Tanzanian. investment now, which is AEX


. And then I will never ever. invest in African small. caps again There's too much corruption. So unless you specialise. in this type of investment I would advise nobody to touch the small aim caps.

[rangenoresources] 25/4/2024 08:20

So clearly it was a liar by some to say licence had been issued.


Rampers should hang their heads in shame. Knowing Tanzania government it will drag on for months and months.