Aminex Share Discussion Threads

[vike1] 04/1/2016 16:17

Another interview with Ritson on Proactive Investors from today. TZ starts at the 6 min mark. The interesting part is where he says that following the AG approval, further meetings with authorities will be held "today and tomorrow" to get the agreement signed off.

[...]

[blackgold00] 04/1/2016 14:29

warbaby, I would say its been up for negotiation, and no doubt that's precisely what Aminex/Boleven and TPDC have been doing. I think we are going to get an announcement of sorts soon. Days / Weeks

from their 19/11/2015 (Interim Management Statement)

"Following the Ntorya 1 recompletion and the Ntorya 2 well, the Ntorya-3 will be drilled in the main Cretaceous channel fairway. The Company is currently in the final phases of a tendering process to choose a drilling contractor and will update shareholders once that has been announced".

"While there are further exploration drilling commitments required by December 2016 in addition to the current drilling plans, Aminex is currently in discussions with the TPDC to facilitate and accelerate the development of Ntorya and meet the remaining obligations."

no doubt they have been asking TPDC for a longer time-frame for the remaining obligations to be met.

[warbaby43] 04/1/2016 13:53

From the farmout RNS:

"Aminex will remain the operator of all its assets in Tanzania following close of the transaction and is in discussions with Solo and Bowleven to accelerate the work programme at Ruvuma. The Company will announce an updated work programme once concluded."

Will the said "updated work programme" just be for N-2 and N-3 or will it also cover the explo wells due by end 2016? The related question is just how many wells is the partnership obligated to - is it just four or, more likely, five consisting of the long overdue appraisal well (N-2) plus the four explo wells, N-3, Likonde-2, Namisange and Sudi

[blackgold00] 04/1/2016 12:45

thanks 1bonanza.


NR "we now have the final approval from the Tanzanian attorney general"

and I like the way NR slips in regarding the planed Ntorya appraisal drilling "and with our new partner Bowleven, we are getting under way with that, and taking advantage of the current low rig rates". as though he's just letting the sceptics know that Bowleven are still very much on-board.

[m0rrisminor] 04/1/2016 12:39

Better close them shorts my little roasting tins NR has spoken and it's all good,
Regarding Gsa 🖕🏿😎

[1bonanza] 04/1/2016 12:25

Encouraging !

[gerryjames] 04/1/2016 08:43

This one Skin or Middle East religious sectarianism.

Circuit breaker kicks in after Shanghai falls 6.9%

Asian markets tumbled Monday on the first day of trading in 2016, with declines so steep in mainland China that authorities halted trading there for the rest of the day.

[skinwalker] 04/1/2016 08:28

another year - another crisis... :-(
what happened to our world?

[m0rrisminor] 03/1/2016 18:59

How are my little roasting tins doing not to long now , excuse the pun this will be so good Gla.

[c31161] 03/1/2016 09:12

Grey, solo has zero dept, and only around 4 employees part time, so they don't need much money, they new parter are taking up the cost of Tanzania

[greyingsurfer] 02/1/2016 19:45

Where's this going given Broker Man Daniel thinks Solo are bust due to the GSA delay?

Not great news for AEX in the short term, if it happens. But would have been a great deal worse if the BLVN deal hadn't been sorted. Provided the BLVN deal completes the loss of $3.5m, for KN-1 part 2, at this stage is not going to be a major issue, and it would leave AEX with an additional interest in KN-1, and revenue.

The interesting issue would be what would happen to Solo's interest in Ruvuma? It's a carried interest - by BLVN - for the immediate upcoming expenditure, so probably worth having for anyone who could lay claim to it, or possibly buy into it.

Peter

[ngms27] 02/1/2016 17:32

Where's this going given Broker Man Daniel thinks Solo are bust due to the GSA delay?

[skinwalker] 02/1/2016 15:22

That's it Bun - sadly just the once. I guess you're pretty well booked up for consultancy work?
ps just in case you missed the point - this was intended as a cautionary example of relying too much on forecasts and statistics

[sharetips6] 02/1/2016 12:12

spam above

Beware other names he uses and filter.

troajan/humblebynature/petewarner/jilted1/janedowns

[troajan] 02/1/2016 11:58

Are Prospex Oil (PXOG) Looking at Fastnet Equity PLC Friday outlined plans to spin-off its oil and gas assets


Prospex Oil (PXOG) Oil & gas deals to soar

[lfdkmp] 02/1/2016 11:10

"Hope your short!."

Is this some new participative game, while we wait for this elusive, imminent GSA?

"Complete the incomplete sentence - exclamation marks are for free"

Hope your short!......break over Christmas was truly enjoyable.

Hope your short!......ness of breath isn't a sign of something more serious.

Hope your short!......trousers come back into fashion.

Hope your short!......poem wins this year's literary award.

Hope your short!......male organ does eventually satisfy her (one for you Mr minor).

[warbaby43] 02/1/2016 11:07

Wow - the right side of the hundred mark in an international economic survey and making progress



Coming soon to a PSA near you?

[c31161] 02/1/2016 09:46

Morris you are talking rubbish

[m0rrisminor] 02/1/2016 09:31

Lfdkmp getting a bit of a twitch are you Monday will come so just in enjoy ,your Sunday roast while roasting
Hope your short!.

[lfdkmp] 02/1/2016 08:59

Thank you c31161

[c31161] 02/1/2016 08:50

It's just a DL's tweet taken out of context

[lfdkmp] 02/1/2016 08:35

This is probably one of those baseless, scurrilous, contemptible rumours on the SOLO board. Anyone able to categorically refute?

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m0rrisminor
2 Jan'16 - 04:56 - 27447 of 27449 0 0


Gsa is signed happy days.


m0rrisminor
2 Jan'16 - 08:18 - 27449 of 27449 0 0


Information of gsa on Aex board over on iii.




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