Aminex Share Discussion Threads

[dan_the_epic] 23/10/2015 21:54

Rossanan and juuunx. Good on you guys for prevailing with logic. As I said you can always buy back at minimal disadvantage if the election is favourable.

Maybe CCM will win, but what I hope doesn't happen are riots and public unrest. This is a stock and its not peoples livelihoods at stake, but if CCM win there could be unrest and that will kick the political GSA decision into the long grass.

Look what happened after Burundi's election and Guinea recently.

[warbaby43] 23/10/2015 17:30

Might LGO's little local financial difficulty have any knock on problems for Solo and its next Kiliwani tranche

[iglive] 23/10/2015 16:17

Aminex CEO, Jay Bhatterchajee says he is confident the gas sales agreement with Tanzania will be signed by the end of the month and anticipates they will be 'cash flowing very shortly’.

Video: hxxps://www.ig.com/uk/live-video?bctid=4567420503001&bclid=3671160850001

[juuunx2] 23/10/2015 13:12

Rossannan I think too he had some logic. I have sold half my holdings for a small profit. Will be watching closely for a new entry point should one arise.

[gerryjames] 23/10/2015 10:56

10.40am

"CEB RESOURCES PLC

At the request of the Company trading on AIM for the under-mentioned securities has been temporarily suspended from 23/10/2015 10:40am, pending an announcement."

Can't win them all Dan. It's a casino, the coin is in the air.

[gerryjames] 23/10/2015 10:04

Closed here first and lumped on old boy? Like it. This is risky, you've obviously have had a good run shorting the collapsed resource sector, well done.

[dan_the_epic] 23/10/2015 09:59

For those sticking with Aminex this weekend, here are worries to tick off on Monday/Tuesday;

- if chadema get in, lights off for the foreseeable
- if riots occur, gsa signing likely delayed over political backlash. Riots have happened before, unfortunately

- if CCM get in and no riots, you're OK for now.

Let's see. Dont know why anyone would take the risk of even holding over the weekend. Can always buy back on monday at probably the same or a lower price.

GL. You may need it. P.S. CEB is a ramped POS. Just gone short.

[iglive] 23/10/2015 09:58

Aminex CEO, Jay Bhatterchajee says he is confident the gas sales agreement with Tanzania will be signed by the end of the month and anticipates they will be 'cash flowing very shortly’.

Video:

[gerryjames] 23/10/2015 09:00

LOL, He's been very busy this week with a stuck string in Trinada resulting in a collapsed share price and financial concerns about their future. LGO top riser, atm.

To be fair.

That CEB has risen 30% since Brokerman Dan came on here a few weeks ago and stated it was a con. 2nd.

[warbaby43] 23/10/2015 08:31

Perhaps, someone would like to tell Ritson that today is the last working day before the elections on Sunday.

[blackgold00] 23/10/2015 06:24

I like that Aminexweek, so Aminexweek for the GSA, hopefully. if not we have Aminexmonth

[bo42] 23/10/2015 04:55

About, oh, ten years ago some investor, forget his name, but well respected,
left in disgust and coined this phrase: Aminexweek, nextmonth, nextyear!
Most oldies are well passed sarcasm here but that comment goes round my head often.

[blackgold00] 22/10/2015 20:40

TraderInTheMaking, I'm sure you are not alone, i must admit this has been the most trying share of my life, but hopefully fingers crossed the tide is turning. I used to have a short to medium term out look with investing but Aminex changed all that for me, long term or what. lol

[traderinthemaking] 22/10/2015 19:50

blackgold00 - Thanks for the link.

Interesting video. I have just checked how much money I have lost on AEX and it is a painful sight... I did re-open a couple of new position in my ISA and SIPP over the last 12-month, they both showing a slight profit so hopefully this will continue. However, do I believe that I will make back my overall loss... unlikely :(

TITM

[blackgold00] 22/10/2015 18:54

i would say, there is still quite a bit of mistrust/lack of confidence, that the GSA will be signed soon, factored into the current price.

[juuunx2] 22/10/2015 16:18

Hopefully not already factored in! Thanks for your input anyway good luck all

[marnewton] 22/10/2015 16:11

juuunx2,

A quick look at the chart...it may stall at 3.20/3.30p, but if we can close the May 2013 gap then maybe somewhere between 3.90p and 4.35p...all a bit guess-worky though, using a variety of measuring techniques;¬)

Perhaps the GSA is already priced in?

Yikes!¬(

M

[gimmetheloot] 22/10/2015 16:03

How big is AEX gas finds compared to what Cove were?

[gerryjames] 22/10/2015 15:55

It'll be interesting. Longs need a record of payments by whoever is in power. That'll move it, jollier news. For a change.

[juuunx2] 22/10/2015 15:32

Anyone like to hazard a guess on what share price spike will be if GSA is announced? My guess is around 2.9p any ideas?

[gerryjames] 22/10/2015 15:15

The IG summary of the latest interview.

"Aminex looks to sign GSA within ten days

Aminex CEO, Jay Bhatterchajee says he is confident the gas sales agreement with Tanzania will be signed by the end of the month, and anticipates it will be 'cash flowing very shortly’.
He says there are a lot of misconceptions about the company’s financial position, but says it won’t be cash stretched prior to production starting and are on target to produce close to 30 million cubic feet per day.

He describes Aminex as the 'ant in the elephant room’ when it comes to energy companies and says parts of the portfolio would be attractive to certain players, but right now he is focused on growing and developing."

[blackgold00] 22/10/2015 13:38

I can't agree with all that, but "and AEX is the only stubborn one refusing to fall .... yet" yes, or rise : )