Aminex Share Discussion Threads

[skinwalker] 26/8/2015 10:38

I see the share price is responding positively to all this wonderful news.

[dfgo] 26/8/2015 09:29

edgar222

AEX also have route to market for gas sales.

from RNS

The key to unlocking the commercial potential for these opportunities is the new, common-user gas pipeline which runs from the south of Tanzania to Dar es Salaam.

The pipeline and associated facilities are likely to become operational during Q3 2015 and will provide a means of marketing any further gas discoveries at Ruvuma through a gas sales agreement with the TDPC.

[edgar222] 26/8/2015 09:25

Ah ok missed it. Thank you.

Feeling more positive than I have for a while.

We know it is not just more words because the Wentworth GSA is sorted and the Tz govt actually now has a payment protection system.

Loving the N2 plan, just hope they can do N2, N3, L2 and Namisange in one rig booking.

N2 targeting 1 TCF. That is huge for a company this size. With a pipeline right there.

I would buy more but I am already beyond "all in".

Going for a lie down.

[blackgold00] 26/8/2015 09:21

yes it does edgar222




"Following an engineering review, it is anticipated that a sustained production rate of up to 30 MMcfd, higher than previously"

[edgar222] 26/8/2015 09:07

Solo's announcement talks of 30mm cf pd from KN1.

Aminex' does not (I believe). So revenues may be a bit higher than we have all been calculating.

The drill programme is N2, N3 which are exploration of other leads as well as appraisal. Likonde 2 and Namisange 1 are exploration.

[edgar222] 26/8/2015 08:55

Progress. Real progress.

GSA and sales this quarter (ie. by end September). My reading of it is GSA more quickly and any day.

N2 not a sidetrack. Spudding Q1 2016. N3 designated for the main channel.

Solo money of 3.5m reduced the debt by 3.28m. Still in talks with funders.

Hoping to bring on N1 N2 and N3 into production quickly.

Likonde and Namisange drills are exploration. N2 and N3 are appraisal and targeting 1TCF, which is enormous.

[gerryjames] 26/8/2015 07:37

They could go well to-day Solo on the Weald Basin update...for a while anyway.

[bigsi2] 26/8/2015 07:30

Waiting for Payment protection STILL- which Gov doesn't want to sign- impasse.. Disappointing

[gerryjames] 26/8/2015 07:28

Neil Ritson, Solo's Chairman, commented:

"Considerable progress has been made recently in Tanzania and we expect to have news of both commercial gas sales at Kiliwani North and appraisal drilling in the Ntorya gas discovery shortly. The imminent commencement of gas sales at Kiliwani North represents our first revenue generating investment in Africa and is eagerly awaited by the Company and its shareholders."

[haggismchaggis] 26/8/2015 07:22

RNS from SOLO on Tanzania hTTp://www.investegate.co.uk/solo-oil-plc/rns/tanzania-update/201508260700300804X/

[haggismchaggis] 26/8/2015 07:21

RNS from SOLO on Tanzania HTTP://www.investegate.co.uk/solo-oil-plc/rns/tanzania-update/201508260700300804X/

[lfdkmp] 26/8/2015 07:09

Today's RNS

Maybe it's time to coin a new phrase. Instead of "imminent" can I suggest "on the threshold".

[the wolf of wall street] 26/8/2015 02:13

Lovely triangle chart pattern formed.

[skinwalker] 26/8/2015 00:32

Last throw
I couldn't care less whether you have me on filter or not. I don't have you or anybody on filter myself, not that I enjoy reading your drivel, but its absurd to filter posters that you don't happen to agree with. We all have a point of view and are entitled to air it.
Edgar for Christ's sake - this is paranoid nonsense. You completely misunderstand ngms. You'd have a much more balanced assessment of Aminex if you read the less bullish posts - as it is you rival Tiptop with your hopeless optimism.

[impvesta] 25/8/2015 20:57

So Bounty expect annual revenues of $2.5m from their 10% interest. Can we therefore assume Aminex should expect $13m annual revenues ($2.5 x 5.2) from their 52% interest?

[dfgo] 25/8/2015 19:57

foolsandcows


Under ASX rules which are far stricter than LSE,would not state following if not correct.

Bounty anticipating Gross Gas Revenues US 2.5million ( A$3.4 million per annaum
from Kiliwana North Gas Sales from there 10% working interest non operated.

[foolsandcows] 25/8/2015 19:38

C. $12m per annum to Aminex

[c31161] 25/8/2015 13:10

Why would they need to dilute if they get GSA, the very fact they will have an income give them the strength to borrow

[ngms27] 25/8/2015 12:33

I hope not, I want to sell first!

[thecynical1] 25/8/2015 12:23

any bets on a fundraising being announced at the same time as a possible GSA?

[thecynical1] 25/8/2015 12:22

ref 53503 - Edgar......oddest post ever..... : ) Get a life man!