Aminex Share Discussion Threads

[bunbooster2] 10/2/2015 14:34

Has anyone noticed a price drop today? Could there be bad news?

[jacks13] 10/2/2015 14:15

I can relax then blackgold, the gsa isn't going to be signed 'quite quickly'. I thought for a moment there that there was going to be a bit of a hurry-up!

[blackgold00] 10/2/2015 13:50

so directors/companies can give (price changing inside information) to placees for them to take advantage and invest in the company, but the directors and NEDs of such a company would themselves be prohibited to take advantage of such price changing info. hmm is there loophole here somewhere?

[blackgold00] 10/2/2015 13:34

"The option on the second tranche expires after 30 days" after the signing of the GSA.

[jacks13] 10/2/2015 13:30

The option on the second tranche expires after 30 days. Does that mean the gsa will be signed 'quite quickly'?!

[greyingsurfer] 10/2/2015 13:22

have they raised the money to finance the initial purchase or is there a question mark over that as well?

I'd assume they've raised the cash for the first tranche, or at least are know where it would come from, since they have committed to that. Fair to assume that cash for part 2 remains to be raised, and as ngms says they are presumably relying on finding it easier to raise it after the GSA is signed.

Peter

[jacks13] 10/2/2015 13:11

Good answer cynical but like blackgold I'd like to know how I join the queue to be approached etc.

[thecynical1] 10/2/2015 13:06

Blackgold - it is hardly a new concept? if you are approached about a placing / fundraising, you are told ( or you should be told ) that you are now effectively "on the inside" until such time as announcement is made.

[warbaby43] 10/2/2015 12:47

Good old Tanzania - never likely to be far behind when it comes to dodgy deposits in Swiss banks:



Interesting to see that they did have an investigation, predictably unpublished - so far at least.

[blackgold00] 10/2/2015 12:31

so the placees gets the info of a signed GSA and an opportunity to invest before any of us gets to hear a word, hmm, seems like easy money to me. two questions, is that legal? and how do you become a placee?

[thecynical1] 10/2/2015 10:23

funny that it was presented like it was something new then! good old Ritson.....always good for a laugh........have they raised the money to finance the initial purchase or is there a question mark over that as well?

[greyingsurfer] 10/2/2015 10:21

if Ritson is correct, how come these nice people haven't updated on the gas pipeline?

What Ritson said was old news, it had been in an Aminex interview several days before. It's not the sort of minor, and expected, detail that's worth RNSing. When the pipe is commissioned and/or the GSA is signed will be the time for an RNS.

Peter

[jacks13] 10/2/2015 09:27

Is that you skin, bottom right with the pointy finger?

[thecynical1] 10/2/2015 08:35

looka imo like it has gone as far as it is going for the moment....if Ritson is correct, how come these nice people haven't updated on the gas pipeline? strange thst the GSA hasn't been finalised if the pipeline's completion is really imminent? not much point having a pipeline if you haven't secured your supply?

[pyjamaboy] 10/2/2015 07:04

Good morning, let's hope for another good day Aex holders .

[thecynical1] 09/2/2015 20:18

LOL! : ) Good to see that not everyone has lost their sense of humour around here! : )

[blackgold00] 09/2/2015 20:15

i've waited 5 years so just a few months sounds pretty imminent to me. lol : )

[thecynical1] 09/2/2015 19:36

if Ritson says it is imminent, it can only be a matter of months! : )

[tidy 2] 09/2/2015 18:40

Must watch. http://youtu.be/3g6f3p2HWM4

[tidy 2] 09/2/2015 17:23

2,884 postsEnergy Voice-06/02/15Written by Energy reporter - 06/02/2015 9:58 am Completion: Solo Oil said the newly constructed gas export pipeline from the Songo Songo processing plant to the KN-1 gas well has been completed. The KN-1 well, when connected to the export pipeline, is expected to produce at least 20 million cubic feet per day. The company announced earlier this month that it has signed an asset purchase agreement with Aminex for the first 6.5% interest in the Kiliwani North Development licence. It has the option to purchase an additional 6.5% interest during a period of 30 days after the gas sales agreement has been approved by the Tanzanian authorities. Neil Ritson, Solo's chairman, said: "As we reach the point of gas commercialisation we are naturally tracking the process very closely and shortly expect to see final hook-up and pressure testing get underway. "With the imminent hook-up we also remain extremely confident that the GSA will be signed in time to commence exports of gas from the field as soon as the facilities are complete." For more oil and gas news click here.

[blackgold00] 09/2/2015 16:40

The Argus, yes maybe, though it looks like they used the Pmean figure 178 BCF when stating Ntorya discovered mean GIIP

[ngms27] 09/2/2015 15:17

skinwalker, if I take into account my losing trades then mine would be higher as well!

For the record KN-1 WILL NOT make AEX cash flow positive. Just look at the accounts and you will see why...