Aminex Share Discussion Threads

[skinwalker] 22/4/2016 22:23

Who is the plonker who ticks my every post down I wonder?
Reveal yourself ! Man or mouse?

[skinwalker] 22/4/2016 16:27

Oh Good ! I've got PMO. A 17% rise probably means I'm only down about 400%. Happy days !

[blackgold00] 22/4/2016 16:17

PMO up 17%

[rich2006] 22/4/2016 14:40

BB2
Can I remind you.....
No off topic comments allowed especially animal cruelty.

[bunbooster2] 22/4/2016 14:20

This is getting ridiculous. When will this celebrity massacre end.

Hxxp://metro.co.uk/2016/04/21/last-of-the-pg-tips-monkeys-dies-after-struggle-to-learn-how-to-be-a-chimp-5832524/

[greyingsurfer] 22/4/2016 11:46

Two counterarguments: ....

Valid points, WB but not convincing in this context. A possibility that commercial oil may be found in Ruvuma is not going to lead anyone to start wondering do I/don't I want to sell now because the PoO is up a few %.

Again sector sentiment may have an impact, but it's irrelevant in a context like this. A seller is going to look at the future economics of their assets and production and want to know if they are better off selling or sticking in there. A slightly better oil price environment has zero impact on any serious predictions of AEX's revenues from here. There may be a small amount of hope/option value, but it certainly wouldn't affect a sale. And given that any likely future gas sales by AEX, from eg Ruvuma, are also going to be to the domestic market there's no real impact of global oil prices on likely future revenues either.

Plus, of course SP's point that sentiment would affect BLVN too.

Peter

[warbaby43] 22/4/2016 11:46

Clearly, I did not make my point well which is that the effect of the oil price crash has been not only to drastically reduce the number of lenders active in the O&G sector but to make those few still prepared to lend much more risk averse.

So when it comes to a company with the credibility and reliability history of AEX, well ..........

But as to the larger point as to whether AEX is indeed BLVN's putative target, who knows - probably not, but given the coincidence of timing, AEX's dire position and the amount of time and money BLVN would have spent scrutinising the assets, the possibility must remain.

[stinkypeet] 22/4/2016 11:05

Inventive warbaby but frankly flawed; liquids may be present in Ruvuma but as these are not yet quantified and are not likely to be of significant value relative to gas assets they are =f minimal consquence.

A lender will only be interested in the price of oil in so far as the price will affect the lenders ability to repay; therefore oil price fluctutions will affect the risk of the debt. This is not true of AEX their income would be known once GSA agreed. Equity markets will of course be affacted by sentiment but as both BLVN and AEX are both in the same sector they would be equally affected.

So a good try BUT no banana....

[warbaby43] 22/4/2016 10:45

Ah, but .............

Two counterarguments:

a) Hasn't it long been the conviction of our heroes that liquids are present in the Ruvuma PSA and

b) Even setting aside that conviction of theirs, where the PoO is directly relevant to a gas only AEX (or to any similar oilie for that matter,) is in sector sentiment with both equity markets and lenders becoming O&G averse with oil price decline. Nor is that likely to speedily reverse given the collateral damage to banks.

[lfdkmp] 22/4/2016 10:09

Bid is 1.25. I'm getting a price of 1.365 to sell 1/2 million with HSBC

[1775] 22/4/2016 10:07

The MMs don't want us to play atm for whatever reason. 14% spread on aex and 28% on Solo. Hmm. interesting.

[skinwalker] 22/4/2016 09:42

More steak - quick!

[stinkypeet] 22/4/2016 09:25

Here, here, Peter - there's nothing like the taste of your own medicine eh?

Karma?

[greyingsurfer] 22/4/2016 09:10

He said the seller's view changes as to whether to sign or not as the price of oil goes up and down. He said he really has no idea whether they will sign or not

Clearly not AEX then! Useful to know.

Sounds like BLVN may be finding out what it's like to be on the other side of someone dithering!

Peter

[stinkypeet] 22/4/2016 09:00

Absolutely 1775 - but the most important aspect of this to my mind is that this proves, to my satisfaction anyway, that whoever BLVN may takeover will NOT be AEX - paper or otherwise......

[stinkypeet] 22/4/2016 08:52

Absolutely 1775 - but the most important aspect of this to my kind is that, to my satisfaction, this poves that whoever BLVN may takeover will NOT be AEX - paper or otherwise......

[1775] 22/4/2016 08:25

You took the words out of my mouth stinky - aex's contract with TPDC is based on a fixed gas price. At this stage it's irrelevant as to where the price of oil or gas is on the open market. In 12 months though that could be a different matter.

[kevjones2] 22/4/2016 08:20

Joe Stalin, it's been an awful year. Bowie and Prince were two of my idols. But as someone said about Bowie
"weren't we privileged to have lived when he did".

Anyway, the AEX fight continues. Finance needs to be addressed NOW.

[stinkypeet] 22/4/2016 07:45

It won't be AEX then of these quotes are true - the price of Oil is a total irrelevance to AEX - why on earth would signing an all share aquisition agreement be based on the Oil price if you have a guaranteed price for Gas??!?!

Lol

[tmmalik] 22/4/2016 07:24

Another day nd hopefully 1.50 close today

[joestalin] 21/4/2016 20:28

Another day, another dead celeb, Kev. At this rate, we will end the year paying half our income to Brussels and the only celebs left alive will be Ant and Dec and Katie Price.

Hopefully, someone will put a bomb under the Saudis.