Aminex Share Discussion Threads

[haggismchaggis] 21/8/2015 12:16

4p before Ntorya drilling. 6p to 8p during Ntorya drilling this year. Plenty of upside short term. Higher prices than that next year.

[edgar222] 21/8/2015 11:33

Bun I am sorry.It was meant as a loving jape

[bunbooster2] 21/8/2015 11:00

edgar222 - I noticed your cruel barb and I am disappointed in you. That was a long time ago.

[blackgold00] 21/8/2015 10:55

Aminex's half yearly results next week, could be interesting.

[blackgold00] 21/8/2015 10:39

hmmmm, well we have been told in principle we have a willing lender. so lets see, but I suppose it all depends on what terms.

04/06/2015 (Loan Extension and Update)



"The Company is currently in discussions with a substantial financial group which has indicated a willingness in principle to make loan finance available to Aminex which will allow the Company to pay down its existing loan obligations and continue to develop its Tanzanian licences, especially the Ruvuma PSA"



25/06/2015 (Aminex PLC Issue of Equity )



"The net proceeds of the Placing will be used towards planning for the Ntorya-2 appraisal well and a Ntorya-1 side-track well, planning and completion of tendering for the acquisition of 3D seismic over the deep water sector of the Nyuni Area PSA acreage, expenses relating to the planned refinancing of the Company's corporate loan facility (the extension of which to 31 January 2016 was announced on 4 June 2015)"

[ngms27] 21/8/2015 10:32

Doubt it, they will announce the GSA and then get a placing off IMHO as I cannot see an alternative at present.

[blackgold00] 21/8/2015 10:09

ngms27, I'm inclined to agree, though the re-finance or rig secured for N-1 S-T/N2 appraisal announcement, could take us somewhat above those levels.

[pj 1] 21/8/2015 09:52

blackgold. w/l = watch list

[ngms27] 21/8/2015 09:42

I think we may see 2.5p to 3p if and when they announce a GSA anything else is pure fantasy land IMHO

[gerryjames] 21/8/2015 09:04

Just bought some more on the excitement over the whole thing...and Edgar and in case the herd arrives.

[blackgold00] 21/8/2015 08:55

well Kev, Aminex has been telling us for some time now, that the GSA is imminent.

PJ1, "bg-still on w/l" , is that me there PJ, if so what's w/l, thanks

[pj 1] 21/8/2015 08:41

bg-still on w/l, also noticed edgars tweet last night. Watching AEX to learn from it. Also hate seeing any PI's lose.

[kevjones2] 21/8/2015 08:35

"a few biting at AEX now, though not expecting too much here until more confirmation from the AEX board"

'More' confirmation implies that there was already 'some' confirmation from the AEX board. There wasn't.

[haggismchaggis] 21/8/2015 08:32

And 4p+ after the GSA.

[blackgold00] 21/8/2015 08:30

a few biting at AEX now, though not expecting too much here until more confirmation from the AEX board

[edgar222] 21/8/2015 08:29

Of course they are actually making money, but if we cared about that sort of stuff we would never have been in Aminex and then where would we all be?

(Answer: Sitting on new sofas)

[gerryjames] 21/8/2015 08:26

Cheers Edgar.

[edgar222] 21/8/2015 08:22

Cos they don't have our assets!

[gerryjames] 21/8/2015 08:16

Yes 11 and looking good, why shouldn't we buy Wentworth instead again?

[blackgold00] 21/8/2015 08:10

WRL looking solid this morning, up nearly 10%

[lfdkmp] 21/8/2015 06:53

Thanks skinwalker, much clearer. As to the latter part, I can definitely confirm that I am getting older.

[skinwalker] 21/8/2015 00:43

My understanding is that to "de-risk" is to reduce the risk (of losing money, or of something unexpected happening) by making safer or choosing a safer path.
I may de-risk by selling high-risk AIM stocks and buying Utility shares or putting the proceeds in a building society.
Breathless is what I feel when I've just climbed two flights of stairs. Hyper-ventilating is rapid "over-breathing" which can result in dizziness or fainting.
Go see your GP in the morning if you think you're hyper-ventilating. Breathlessness is common as one gets older, especially if a smoker, unfit or overweight.
Hope this helps!

[lfdkmp] 20/8/2015 21:50

LFDKMP
28 Jul'15 - 07:10 - 53239 of 53423 0 0


Not so long ago there was I thinking that things would be getting quite exciting by now. Am I missing something?

Could the answer to that question be:

"Yes, a GSA announcement"


----------------------------------------------------------------------------

Another question: At what point does excited breathlessness become hyper-ventilation? - if anyone sees a blue flashing light at 7.06 am in Canvey Island tomorrow, we may have an answer.

[lfdkmp] 20/8/2015 21:13

Can anyone explain to me the term "de-risked" and in particular whether the WRL RNS today might be an applicable example?