Aminex Share Discussion Threads

[vike1] 12/4/2016 19:33

skinwalker, your counter-arguments are getting a bit weak.

tmmalik, how do you know the SOLO payment will be made on Thursday?

[tmmalik] 12/4/2016 18:18

From last two days few times sell price was higher than buying price and I traded twice ,you will see delayed order tomorrow.I believe Thursday it will b around 1.60 after solo payment.

[skinwalker] 12/4/2016 17:49

Fluctuations? Do you think the share price is fluctuating? It looks like its committing harikari !!

[blackgold00] 12/4/2016 16:05

hope it's a little bit more than a dollar

[vike1] 12/4/2016 15:23

Actually skinwalker, it is another dollar. Share price fluctuations aside, we are producing and earning net income every day, albeit currently at an uneven rate.

[skinwalker] 12/4/2016 08:29

another day, another dollar...NOT

[warbaby43] 12/4/2016 07:30

Not a happy background for their attempts to secure funding for a 400 rising to 600MW Mtwara power plant:

[pj 1] 11/4/2016 21:25

1775 I have not got a clue of his/ her position. if any.. but FWIW I agree its impossible to tell if the trade in question was a buy or sell. I think that was the point although alcohol has an effect!!!

[1775] 11/4/2016 19:58

I only mentioned it because of my post yesterday when I mentioned my surprise at the lack of share movement (in either direction) despite the high volume in shares being traded. So when this substantial trade appeared I thought that this could possibly be an explanation. It wouldn't be the 1st time that mms marked down a price in order to fill a big buy order.
Maybe Grim Reap is short and doesn't like that idea ???

[pj 1] 11/4/2016 19:18

1775, maybe take the 'hit' and accept his main point? We all get it wrong at times no matter the intention. (yes I got the tap being turned on wrong!):-((

[1775] 11/4/2016 19:13

LFDMP you're right I did mean to say 1.29. Grim reaper you're obviously very intelligent to suss me out as being long. I thought I was being extremely obvious that I was long. Wish I was talking my WON book - but I'm afraid its my LOSS book at the moment.

[pj 1] 11/4/2016 19:04

tgm1, get to the point and stop beating about the bush!

[the grim reaper1] 11/4/2016 18:41

Rubbish, you are only saying that to support your own position. Judging by the price action since the news that was wanted and begged for Id wager it was a sell, that has maybe held the price back but who knows.Unless an RNS follows or a poster admits to the trade none will know if its a buy or sell.Much easier to deal with facts than predictions especially with aex and its awful history. 1775 is obviously long and talking his won book. The fact is you do not know if it was a buy or sell, admit it.

[lfdkmp] 11/4/2016 18:38

Wish it was 5m @ 1.9 - think you'll find it was at 1.28 - unless of course you are seeing something I'm not.

[1775] 11/4/2016 17:35

Well now that 5m buy @ 1.9 explains why the mms were taking as much stock as they could get without knocking the price. Big buyer with an order in at a certain level. I wonder how much more he wants. He can have my 2mil.@10p if he wants. (If I had 2 mill.)

[warbaby43] 11/4/2016 14:04

With a hat tip to Paulbiya over at BLVN, an interesting piece with interesting comments on the PoO:

[warbaby43] 11/4/2016 08:38

Vike1, sorry a bit misleading - I meant AEX ARs due this week plus I expect to see another significant (one way or t'other) RNS

[skinwalker] 11/4/2016 08:32

another day, another disappointment

[tmmalik] 11/4/2016 06:57

This week will give good surprise:)

[vike1] 10/4/2016 22:21

Warbaby, expected results x 2 from who this week??

[warbaby43] 10/4/2016 16:09

Thanks for the response, blackgold, and yes could be a big week with Results x 2 plus what could be other big news from AEX.

[blackgold00] 10/4/2016 11:27

warbaby, "If KN-1 gas is, therefore, to replace Orca's "Additional Gas" then, on the surface, it looks to me like it would have to be for non economic reasons - unless of course that $3.62 price of Orca's is also a wellhead price with Songas being responsible for processing and transmission costs."

yes warbaby, I'm pretty sure the price does include processing and transportation so yes for Tanesco it would be for reasons other than just economics but as Tanesco and TPDC are both wholly owned Government parastatal organization, and as it would seem TPDC would benefit directly from the extra business generated by the gas being processed and transported through the TPDC/GOT new natural gas infrastructure then maybe there are political rather than commercial reasons for Tanesco to use TPDC gas in preference to Orca's gas.

19.1 page 48


Also the many disputes that Orca/Pan African Energy have incurred over the years with the Tanzanian authority's could have done very little with their relationship in installing mutual trust and confidence.

TRA demands 3.5bn/- tax from Pan Africa 22 February 2016 /



I think this week could be telling as I believe Orca are due to publish results, and it will be interesting to see whether an agreement has been reached with themselves and TPDC.

from last report page 7



"The US$1.2 billion government sponsored Tanzania National Natural Gas Infrastructure Project (“NNGIP”) is substantially complete.
Discussions between TPDC and the Company on commercial terms for future incremental gas sales resumed in October 2015. TPDC is currently working on a revised gas sales agreement with the Company to allow direct gas delivery to the NNGIP. Commercial terms remain a key condition to the Company’s
commitment to expanded Songo Songo development beyond the existing Songas infrastructure and to supply gas to the NNGIP."

[greyingsurfer] 10/4/2016 09:51

Interesting that Neil Ritson says that the drill is currently onsite, ready to go at no cost.

I'd change the emphasis on that, BB. It's stored on site at no cost. Drilling won't be at no cost! What is important is that it is there, setup costs will be low and start up times will be low. Once AEX have sorted farm out, funding or whatever drilling should be able to start quickly, which eases the time pressures considerably.

Peter

[bunbooster2] 10/4/2016 08:51

Thanks for the link Viking1.

Interesting that Neil Ritson says that the drill is currently onsite, ready to go at no cost.