Aminex Share Discussion Threads

[tidy 2] 10/2/2017 09:35

Good post mate

[phoebusav] 10/2/2017 09:20

TBH I can't really understand why VOG has ripped higher as it has. The update the other day showed only tiny Q on Q increase in cash and an actual deterioration in net cash position. VOG has styled itself as a utility company rather than an E&P company, so what's a utility company generating little if any free cash flow actually worth? Perhaps the market was asleep to the fact that one of the two production wells currently being drilled has an exploration 'kick'. Personally I was fully aware of that ages ago, so I don't think it's that being priced in all of a sudden. Even if they do increase the GIP figures they will still have to find more gas customers to monetize it. Gas and oil prices are going up you say. Not for VOG in Cameroon they're not, a fixed high price regime for them if I remember, so VOG should have no benefit from increasing gas prices. VOG is nice and GL to holders, but I just don't see the reason for the current surge. Far better off here or in SDX.

[tidy 2] 10/2/2017 09:04

VOG should come back to 35p imo

[tidy 2] 10/2/2017 09:03

AWX Main Market open to more insti's btw ;)

[edgar222] 10/2/2017 09:00

FWIW (and since we are all working out where the next Aminex is!) I really like Independent Oil and Gas (IOG).

VOG too but I feel like I have missed that boat.

[rettah] 10/2/2017 08:59

Yes, I've seen malcys blog and bucket list and I still can't work out why SDX is so cheap. I have a fair load of AEX and wanted to buy more on the retrace to 3.5p! :-(

[tidy 2] 10/2/2017 08:55

Paying well over

[phoebusav] 10/2/2017 08:55

AEX and SDX should be the best performing stocks this month and next, with AEX key news a bit sooner. Both are an excellent choice Rettah.

[tidy 2] 10/2/2017 08:49

Listen to Malcy's latest podcast. Mentioned in his bucket list.

[rettah] 10/2/2017 08:46

Does anyone have a view on SDX. I can't make out why it appears so cheap based on the production figures alone.

[tidy 2] 10/2/2017 08:45

Gas ruling over oil in the progressive market imo.

[lfdkmp] 10/2/2017 08:45

ngms

again thank you. HUR is now my biggest holding; I added significantly after Lincoln. I'm also top slicing from IAE and adding to HUR. I've a feeling that the Delek offer for IAE may be upped or bettered, but I think HUR offer exciting short/medium term prospects. It would appear that you concur.

EDIT

edgar- thanks for your thoughts also.

Anyway back to more things AEX. Interest very much picking up here :-)

[rettah] 10/2/2017 08:43

...and probably a bottle of champers with the cork flying out.

[tidy 2] 10/2/2017 08:42

Current Rev streams for Aex are very attractive. Earning every day making them very efficient as they move on.

[tidy 2] 10/2/2017 08:40

PhoebusAV. Exactly and the quick to market factor and likely free flowing high pressures make it very attractive.

[rettah] 10/2/2017 08:39

What's wrong with this thread? In the good old days there'd have been several pictures of rockets posted by now!

[ngms27] 10/2/2017 08:38

tidy, revenue isn't important to pure explorers like SOU. They have over $60m in the bank, the current work programs are funded and aim to produce a return to shareholders many multiples of the current share price in 18-24 months.

HUR/PVR/SOU are my largest holdings. HUR is very interesting as I think they are currently sitting on over 2 billion barrels yet most of the market thinks 700m tops. The Lincoln result is a game changer. Lincoln as a standalone using basic calcs on the ODT figure has to be 700m barrels plus. The fact that HUR now say it's connected to Warwick, which is 500m updip and a similarly large structure (suggests 1100m oil column at Warwick) puts that structure in the billions of barrels.

The current well Halifax is aimed to prove connectivity over a distance of 30km to Lancaster. HUR have said and I quote, "The resources will be off the scale if they are connected"

So to me base case is 2 billion barrels, upside could be 10 billion all 100% owned in the UK North Sea. Either way the market currently vastly under estimates this.

[phoebusav] 10/2/2017 08:35

SOU and AEX are both great, but the key to deciding which to buy with any stock is to determine which stock is more likely to have a bigger % increase in market cap. If AEX reaches SOU's current market cap, it will be up 280%. For SOU to perform as well it would have to reach a £2 billion market cap. Which do you think is more likely? AEX all day long IMO, and soon.

[tidy 2] 10/2/2017 08:32

Sou very nice and Aex very nice. That's a comparison. :)

[tidy 2] 10/2/2017 08:29

Aex quick to market in a flourish country full of resource opportunities. Tanz is taking off. Actually already to market with kiliwani at 16 scuffs pd of high quality gas and capable of much higher scuffs. $880 per month to AEX currently

[pj 1] 10/2/2017 08:27

If SOU hit >TCF then its £7

Agree they cannot be compared as previously posted

[lfdkmp] 10/2/2017 08:26

I don't want to be an O/T man and certainly not a ramper of other stocks, but does anyone have a view on HUR? Seems to be getting very interesting over there (and a bit closer to home)?