Aminex Share Discussion Threads

[nerdofsteel] 09/2/2015 11:50

An example is saying "The Lord is a shoving leopard" instead of "The Lord is a loving shepherd

Looking good, let's hope the GSA is signed this week bunbooster

[bunbooster2] 09/2/2015 11:42

I am sorry could you explain in plain english please.

[nerdofsteel] 09/2/2015 11:33

A spoonerism is an error in speech or deliberate play on words in which corresponding consonants, vowels, or morphemes are switched between two words named after Rev William Spooner

[bunbooster2] 09/2/2015 11:17

Whats a spoonerism?

[jacks13] 09/2/2015 10:36

It that a Spoonerism Bun?

[haggismchaggis] 09/2/2015 09:48

Up up and away.

[bunbooster2] 09/2/2015 09:41

Looks like a rumour doing the rounds among in the know bankers.

[ngms27] 09/2/2015 09:14

A bit frothy coffee this morning

[slepy] 09/2/2015 08:52

Viruses normally die in high temperatures.
I would stick it inside the fireplace for at least half an hour.

[bunbooster2] 09/2/2015 08:20

Does anyone know how to remove a virus fom a computer? Dam thing is playing up.

[ngms27] 09/2/2015 08:11

Don't click on the above link, it has virus's

[warbaby43] 08/2/2015 12:30

Unsurprisingly, Standard Chartered are being remorseless in pursuing this debt, heaping more money problems on Tanesco:

[oilretire] 07/2/2015 20:08

Perhaps Jay means.....

Jay says that regarding shareholders they the board have 12% and a company called Majetti has 4% meaning 16% in good hands

??

[pyjamaboy] 07/2/2015 19:23

Thanks jacks13

[jacks13] 07/2/2015 18:23

Majedie Asset Management Ltd



Morning Star have them holding 4.13%, I haven't looked further into it though.

[pyjamaboy] 07/2/2015 17:29

Guys if you get a chance to watch Malcys interview with Jay our CEO of Aminex , please forward it to 14mins and 20secs , Jay says that regarding shareholders they the board have 12% and a company called Majetti has 16% . Who is Majetti ?

[warbaby43] 07/2/2015 12:39

Still doesn't appear to have dawned on them just how far away they are from seeing any development of deep water Tanzanian gas:

hxxp://www.thecitizen.co.tz/magazine/business-week/-/1843772/2614090/-/7qtepd/-/index.html

[warbaby43] 07/2/2015 12:24

Laugh or cry?

hxxp://www.thecitizen.co.tz/News/national/Anti-graft-watchdog-on-list-of-shame--says-study/-/1840392/2615764/-/item/0/-/cwqjtvz/-/index.html

Small wonder that the donors, at long long last, appear to have decided that enough is enough:
hxxp://www.thecitizen.co.tz/News/national/Zitto-team-queries-Sh72bn-debt-/-/1840392/2607114/-/x1qwht/-/index.html

[warbaby43] 06/2/2015 13:23

Yes jacks13,and it precludes any money raising and any corporate activity that would provide funds for the June 2015 Ntorya appraisal well obligation.

[gerryjames] 06/2/2015 13:19

That's always been the elephant in the room Warbaby...Tanzania, in general. That's the gamble. Thanks for all the news links.

[jacks13] 06/2/2015 13:02

That's the danger to Aminex with the delayed GSA, (and it surely can be considered as delayed now). Many of us, had we been asked twelve months ago, would have said that the deal would be signed by the end of Q3 2014.

Even if the authorities have the right intentions towards Aminex they are still pushing it towards a cash strapped position. Hence the sale of some of the family silver to our good friends at Solo. That wouldn't have happened if the GSA had been signed off.

[warbaby43] 06/2/2015 12:34

Thanks blackgold00, I had forgotten that. Somewhere, though, I seem to recall seeing it set down just what the payment protection mechanism was but perhaps it might have been something from Wentworth on their GSA. I must admit to some concern, though, on Tanzania's current F/X problems being exacerbated by their donors' strike.

[clunes100] 06/2/2015 12:21

Nice rise, more to come with GSA. Finally going to get some money back from investing in AEX......

[blackgold00] 06/2/2015 12:05

JB said it in this interview

[warbaby43] 06/2/2015 11:59

From H1 Report 28/08/14:

"The Gas Sales Agreement has been agreed with the TPDC with no material issues remaining and is currently being vetted by the Government prior to execution, together with, we understand, similar agreements between TPDC and the other Tanzanian gas producers."

Given that Wentworth's GSA was locked in four and a half months ago (15/09/14) and AEX's still awaits, whatever became of the fabled "special relationship" with TPDC. Is someone blushing in 7, Gower Street, I wonder.

Meanwhile, given the Orca precedent, what is critical in any GSA is the presence of some form of guarantee of payment. My memory tells me that somewhere we have been assured of such but a search has turned up nothing. Is my memory playing me false (again) or can someone point me in the right direction.