Aminex Share Discussion Threads

[blackgold00] 05/1/2017 21:09

helo PJ, how you doing?

[pj 1] 05/1/2017 20:19

NR's PR has hardly proved worthwhile previously has it?

Load of Hot Air.

[blackgold00] 05/1/2017 19:26

think of this what you will

SOLO board lse

bigdouble Posts: 3,895

NR Today 18:32

"I've been given a repermand for sharing information yesterday. AEX unhappy about it it would seem. No more e mails for a while. Maybe AEX should employ me instead of the useless PR company they have."

well i'm not surprised

[blackgold00] 05/1/2017 15:57

thanks ngms, though i will say that on that slide the TVDSS is only approx but i do take what you say thanks

[ngms27] 05/1/2017 15:19

Blackgold, two reasons:
1) The diagram suggests they are higher up than 1300m TVDSS
2) The casing would have been set after they were encountered to isolate any pressure differentials which Ritson allegedly stated was being done

Stringers are leaking out hydrocarbons BTW, i.e. part of the migration path and can be due to a seal that fails under pressure and still being charged by migrating hydrocarbons, or just thin reservoirs that are still being charged past structural closure, hence leaking.

[ngms27] 05/1/2017 14:48

If they really are at 1300m then they have drilled through the Tertiary targets.

[blackgold00] 05/1/2017 14:44

yes agree a low COS, but this was in the half year report.



"Both the Ntorya-2 and Ntorya-3 wells have multi-zone potential and are expected to test additional exploration targets in addition to appraising the priority Cretaceous gas sand discovery."

[ngms27] 05/1/2017 14:28

NT-2 could potentially find gas higher up but I'd put the COS low given one was encountered and water wet in NT-1 though this is up dip

[greyingsurfer] 05/1/2017 14:14

i think there'll be news next week re; drill update if not tomorrow.

I wouldn't think that's likely (except in case of a disaster!)

If they are at the intermediate casing point they probably have nearly another 4 weeks to TD, allowing for the final casing.

There's no real reason to RNS until they get to TD, though something before they start the final drill into the target might happen.

NR is known for liking to chat and produce running commentary, but most companies drilling only release RNSs when there is something significant or price sensitive to report.

Peter

[stepone68] 05/1/2017 11:47

Not sure. Hopefully we will get some positive news soon. I was just trying to add some excitement to my day :-)

As I type the graph at the top of the page is still stuck on 2.2p so we don't have a winner yet... I will keep checking back.... I can feel the tension building!!

Cheers,
StepOne

[blackgold00] 05/1/2017 11:20

i think there'll be news next week re; drill update if not tomorrow. what thinkest you stepone

[stepone68] 05/1/2017 11:05

Okay. I think it will move down .... let's see who's right...

[blackgold00] 05/1/2017 10:55

i think the bid is about to move up

[jacks13] 05/1/2017 10:27

A belated happy and prosperous new year to all Aminex holders. Is this the year the deeply misunderstood Jay makes you all very, very, very wealthy?
ps There was a bloke on the lse HUR thread the other day touting Aminex as the next best thing. Wasn't one of you lot was it?

[last throw] 05/1/2017 09:40

Hi all and skinwalker

New Year so new start and with several people telling me that I may have completely misunderstood skinwalker's words and the nuances contained therein I have unfiltered him and look forward to now reading ALL posts on this and every board.

Skin - it's probably a "me" thing as I have always found it difficult to look between what is written and the actual meaning being conveyed BUT I think I am now maybe getting wiser as I approach my dotage!

LT

[skinwalker] 05/1/2017 08:38

Billericay? Crikey - you're not TipTop as well LFDKMP are you?
What's Sugar Hut? Is it like Pizza Hut?

[lfdkmp] 05/1/2017 08:29

Yes - quite a race apart!

[skinwalker] 04/1/2017 19:38

why stop at a trillion? A quadrillion? share price would be surely stratospheric?

[ngms27] 04/1/2017 16:56

Over a TCF I'd think

[warbaby43] 04/1/2017 16:50

Thank you for the explanations.

Does all this boil down to the "proposed well location" of Likonde Updip/L-2 going by the wayside? If so, I would be surprised, given that L-1 was P&Ad and that not only was high pressured gas encountered there but oil shows as well. I also note that Likonde Updip featured as one of the "Four main drillable targets attributed 3TCF PMean GIIP" in the Senergy Report and that Likonde was ascribed 504BCF in the ISIS Report.

What I still also find puzzling is there is nary any time a mention from AEX of investigation of the Jurassic notwithstanding at L-1 "a deeper Jurassic zone, containing 250 metres of stacked sandstones with extensive oil and gas shows. The deeper sandstones were not logged at the time, as the well was prematurely terminated in the deepest objective at 3,647 metres due to the influx of high pressure gas." However, as I recall N-1 was deepened to 3,000m plus and found nowt as did Anardarko when they went down to the Jurassic at Tembo.

Incidentally, in the currency of the industry at Sterling $1.25, 10p would equate to an AEX perceived value of $437m. Now what would N-2 and more especially N-3 need to turn up to justify that price tag?