Aminex Share Discussion Threads

[blackgold00] 03/2/2015 07:16

Aminex CEO, Jay Bhattacherjee, commented: "As Aminex steps closer to strengthening its balance sheet and towards first gas in Tanzania, the Board is pleased with progress particularly given the backdrop of a wider and challenging Oil & Gas sector. While the GSA remains subject to final approval, the construction of the main pipeline is on schedule with pressure testing and commissioning expected to begin shortly.

(The Board reaffirms to all shareholders that it is doing everything within its power to progress the GSA and move towards first production in the first half of this year.")

[blackgold00] 03/2/2015 07:05

"The partnership has been notified by the Tanzanian Petroleum Development Corporation ("TPDC") that pressure testing of the pipeline is expected to commence during Q1 2015."

"The Board continues to look forward to signing of the GSA, which is largely complete but is experiencing delays in closing due to the Tanzanian authorities' approval process. The Board expects the GSA to be signed prior to any gas being delivered for pressure testing or commissioning and the Company will continue to keep the market informed on developments accordingly."

[impvesta] 02/2/2015 16:53

Fantastic link last throw. I haven't seen that interview before. Let's hope it is very current!

Impvesta

[last throw] 02/2/2015 16:40

Hi all

Andy on LSE posted this - dated today, don't believe it's an old interview:

hxxp://www.epmag.com/african-aspects-hold-key-779616#p=full

Like it!!!

LT

[pj 1] 02/2/2015 14:19

is awaiting signature of the Gas Sales Agreement by the Tanzanian Government."

AEX 18/11/14 Q3 ''A Gas Sales Agreement ("GSA") with the Tanzania Petroleum Development Corporation ("TPDC") is in final form and pending sign-off from the board of TPDC

Has anyone had confirmation which it actually is? TIA pj

[blackgold00] 02/2/2015 14:13

thanks to gaslady from lse

BountyToday 13:36Update release today from Bounty, our 10% partner in Kiliwani.



I quote from page 6:

"Tie-in construction to Kiliwani North well head commenced November 1 and has been laid to our plant fence. Installation of skid metering unit and tie is awaiting signature of the Gas Sales Agreement by the Tanzanian Government."

"The Tanzanian Government will own and operate all gas infrastructure from well head. The new gas plant will process 20 million cubic feet per day of Kiliwani North gas. Bounty’s 10% equity should produce gross revenue of at least $2 million per annum and will add 364 boepd to Bounty’s production."

gaslady ("I am reading the first bit as the 2km tie-in connecting pipe from our wellhead to the songo gas processing plant is more or less done".)

[dfgo] 02/2/2015 11:37

gs

thanks

[greyingsurfer] 02/2/2015 10:45

A response to the preceding post, I'd think.

[dfgo] 02/2/2015 10:31

Why did EE post a ?

emptyend 30 Jan'15 - 23:43 - 51244


?

[slepy] 02/2/2015 09:54

I want to see what they come up with over the next couple of months. If there is no gsa by then, it will probably never happen.

[pj 1] 02/2/2015 09:40

That floating charge may dictate otherwise Slepy by then, currently doubtful but still a Risk, which grows every day

[thecynical1] 02/2/2015 08:42

slepy......they have their snouts in the trough....,.you can't expect multi-tasking, surely?

[thecynical1] 02/2/2015 08:41

why does anyone think that an announcement regarding old news is going to make any difference? surely, it is a formality......? if they don't go ahead, then it could get "interesting" imo.

[pj 1] 02/2/2015 08:31

Too emotionally attached Slepy, never seems to work out!?

Put it in PEL,Paragon Ent. Contract news due will change Co. Double by Spring imo.
dyor

[slepy] 02/2/2015 08:28

This company is getting more and more ridiculous. Second month in to 2015. Nothing about GSA, nothing about Egypt, nothing about solo's stake. WTF are these people doing there? 6 years here, and all we do is go backwards. New bosses, not much of a change. Why is BH still here? Seriously, nothing good happened for the past 2 years. Someone give me a reason why I would not sell at 70% loss?

[blackgold00] 01/2/2015 21:37

yes can't disagree with that, but then i do like a flutter on the outsiders

[r ball] 01/2/2015 21:24

Indeed. But that's why you have stop losses. 15% works for me. Ps: capital preservation is key

[blackgold00] 01/2/2015 21:07

what about the ftst250 AFR that was good and safe

[skinwalker] 01/2/2015 20:51

Yes! Brave or nuts!

[r ball] 01/2/2015 20:34

you have to be brave to invest here. I prefer the safer ftst250 ones. HIK anyone?

[skinwalker] 01/2/2015 20:29

Warbaby
I thought you were referring to me for a minute. Then I realise that its the City Livery Company!

[rafix] 01/2/2015 16:38

This was posted on the Solo Board on LSE:


Eliwallach
NR Today

08:05 I asked Neil should we have been expecting a RNS Friday regarding an extension. He replied 'no need of extension, news early this week'

Very courteous and quick reply as always

[warbaby43] 01/2/2015 16:12

Freemasons and skinners not welcome:

hxxp://www.thecitizen.co.tz/News/MP--I-ll-part-ways-with-CCM/-/1840392/2609412/-/item/1/-/km95b9z/-/index.html

[skinwalker] 01/2/2015 12:03

pjboy
so pleased to hear that you have the well-being of the Tanzanians at heart. Your Aminex shareholding is nothing about making a quick profit then? Purely altruistic and charitable - bravo young man!