Aminex Share Discussion Threads

[joestalin] 07/6/2015 16:12

This may be so SW, but gas is expensive to move from one country to another. Locally produced gas will always be cheaper and more competitive.

[skinwalker] 07/6/2015 13:17

Hi Gerry
not exactly research! Lifted straight out of the sunday paper!
Yes, good news for consumers, and with Iranian gas soon on tap, presumably the price will remain low for eons

[gerryjames] 07/6/2015 13:00

Thanks for sharing your research with the thread Skin. Good news for consumers then.

[skinwalker] 07/6/2015 11:00

Proven natural gas reserves, cubic metres (2014 figures)

Russia 47,800,000,000,000
Iran 33,800,000,000,000
Qatar 25,070,000,000,000
US 8,734,000,000,000
Saudi Arabia 8,235,000,000,000
Turkmenistan 7,504,000,000,000
United Arab Emirates 6,089,000,000,000
Venezuela 5,562,000,000,000
Nigeria 5,118,000,000,000
Algeria 4,505,000,000,000

Tanzania ????????
The world is not exactly going to run dry just yet!

[warbaby43] 05/6/2015 16:45

And who needs Calor when you've got Camel:

[warbaby43] 05/6/2015 16:36

Re GJ's post @ 52827:

"We promise you, all these manipulation, get rich quick schemes will not go unpunished, we will dig out all, prosecute, sentence and confiscate all ill gotten wealth massed by you all!"

While there's no doubt that there are many Tanzanians who are plenty mad at the CCM crooks (and at donors like the UK for funding them) their problem is that the CCM "own" the police, the judiciary, the army and most of the local authorities who will do the vote counting. They are also careful to keep onside their core rural constituency using donor money to keep the peasant (their word not mine) farmers happy.

That said, Tanzania will very possibly be in the news come October as political violence there is likely to reach a new pitch. There was quite widespread violence in last December's local elections when the CCM vote dropped from 97% to 75%

PS - And today's Crook of the Day, according to the comments, and one who claims the credit for Mtwara gas

hxxp://www.thecitizen.co.tz/News/Ngeleja--My-record-in-govt-speaks-for-itself/-/1840340/2740700/-/item/0/-/8peso9/-/index.html

[skinwalker] 05/6/2015 12:26

Sadly there is no known cure for AS

[thecynical1] 05/6/2015 10:07

: )

maybe you should ask your friends who leave the pub to "get some fresh air" what they are smoking? apparently, certain substances have been approved for pain relief..... : )

[lfdkmp] 05/6/2015 09:57

tc1

Willing to try anything, desperate times. :-)

[ngms27] 05/6/2015 09:53

Do they all have AS?

[bunbooster2] 05/6/2015 09:51

Why are Tanzanians (note I make no reference to skin colour) obsessed with trains? I just can't understand it.

[thecynical1] 05/6/2015 09:43

LFDKMP - is that a possible cure for AS? : )

[lfdkmp] 05/6/2015 09:41

Totally agree. Think I might give jam filled biscuits a try.

[jamiedodge] 05/6/2015 09:09

LFDKMP I always think overweight short people shouldn't drink excessively.

[gerryjames] 05/6/2015 09:03

A Local's take yesterday on the October election.....and talking of trains.

"Tanzanians are not fools, all these Bollywood movies we have seen before with most actors being the old guard overstayed their welcome in government, what happen to NDC, when you guys brought it down to its knees? Today your asking for 5 years to change Tanzania, but you failed 8 times of the same 5 year period making it 40 years.
You have just awarded billions of usd worth of railway projects to Chinese companies, how many local companies are involved in these contracts? How do you promise to change the country without economically empowering local citizen?
Are you empowering Tanzanians or Chines? Corruption, greed to grab whatever before end of your term in office together with naivety is continuously sending the country into drains!
We promise you, all these manipulation, get rich quick schemes will not go unpunished, we will dig out all, prosecute, sentence and confiscate all ill gotten wealth massed by you all!"

Source social comment on WB's links.

[skinwalker] 05/6/2015 08:55

We now know why the security cordon has been erected around Horse Hill. Its the quarantine site for the recent confirmed AS & AS2 outbreak.
Tiptop, Celticheart, haggis, and many other poor deluded souls have been 'collected' overnight and now languish at Horse Hill.
Apparently, the 'gas' discovery there is not quite what it seems. A US conglomerate has made progress converting hot air into gas. As we all know belching huge amounts of hot air goes hand in hand with AS2.
More on this story as it unfolds...

[duxy786] 05/6/2015 01:02

Warbaby. Post 52822 hits nail on head. To state the GSA is complete and in the same sentence stating parts of it are still outstanding gives the biggest indication to longer term holders to "load up, the trains about to leave the station" IMOThe next RNS will be transformational here and I dont think we will be waiting months for it.

[warbaby43] 04/6/2015 21:29

And sod the boring and irrelevant Labour Leadership contest, the race for the CCM's Presidential nominee is far more interesting, especially as it's a competition among a dozen (so far) thieves. The comments tell the story:

[thecynical1] 04/6/2015 20:07

ngms.....are you implying that you have little faith in management here?

[warbaby43] 04/6/2015 18:49

"The GSA is complete except for the finalisation of the payment protection clauses and guarantees." - AEX today.

Wentworth 19th May - "•Continued working with the Tanzanian Government to finalise payment guarantee documentation in support of the Gas Sales Agreement for gas deliveries to the government owned pipeline."

Using Wentworth as a precedent and bearing in mind that they announced their GSA last September at $3.07 mcf, my guess is that there are two agreements for both AEX and WRL with two counter-parties. One being a gas sales agreement with TPDC/Energy Ministry as the counter-party and the other a payment guarantee agreement with the Bank of Tanzania or, more likely, their Treasury as the counter-party on that document.

Thus my guess is that AEX do have a GSA completed but are choosing not to disclose for the time being at what gas price.

[lfdkmp] 04/6/2015 15:53

Binary bet. Yes/No. Black/Red. Discrete rather than variable. Yer pays yer money an' yer takes yer chance.

Time to log off.

Alcohol and smokers returning.

[ngms27] 04/6/2015 15:46

Well I hope your short bankrupts you given I'm long from the 1's

This will go through 3p with a signed GSA and production start up date in the next couple of months. The question is will these events occur!