Aminex Share Discussion Threads

[ngms27] 27/2/2017 21:35

He's saying he doesn't get the difference between depth and tvdss...

[greyingsurfer] 27/2/2017 21:34

2420 TDVss and 2596 drilling depth are pretty much the same, Ntorya is at 166m

[tidy 2] 27/2/2017 20:45

What are you saying

[foolsandcows] 27/2/2017 20:32

Aminex were targeting the gas sand top at 2420m c.50m deep...

The RNS stated..."At 2596 metres drilling depth the well encountered a gross gas bearing reservoir unit of approximately 51 metres."

Clearly the numbers do not correlate. It works out 227m gross from the base of the NT-2 reservoir announced to the top of the anticipated gas sand.

[kryptonsnake] 27/2/2017 20:31

Those who topped up sub 6p today got a bloody bargain!

[kryptonsnake] 27/2/2017 20:29

I'm just worried if the Unicorn doesn't get a mention in the next RNS, it will spark a big sell off :)

[tidy 2] 27/2/2017 20:00

Multi Billion dollar company in the making. A billion will do H1 Qualifies as a unicorn doesn't it ;)

[kryptonsnake] 27/2/2017 19:52

There was a rumour that they'd found a Unicorn down the well. Unicorns live on a diet of heavy mud, so it does backup the claims!

[greyingsurfer] 27/2/2017 18:58

If we can rely on these leaks then the picture is pretty consistent pressure wise.

You can't Edgar. Possibly they are right, though I doubt it. Either way you just don't know so you are wasting your time paying attention to them. Trying to make decisions based in info that you have no idea if it's true or not is a recipe for disaster.

[jamiedodge] 27/2/2017 18:34

tournesol it's not a Tetley tea bag.

[thegreatgeraldo] 27/2/2017 18:32

t, they could be using heavy mud to fix the perforations!! ;-#))

[tournesol] 27/2/2017 18:30

TGG

Is there a danger that heavy mud might damage the perforations?

:~)

T

[edgar222] 27/2/2017 18:25

GeraldoDo u mean size estimate as well as flow rate?

[thegreatgeraldo] 27/2/2017 18:23

edgar, they've probably ben trying to work out exactly what they've found since the original announcement!!!

[edgar222] 27/2/2017 18:21

Thanks, Geraldo.If we can rely on these leaks then the picture is pretty consistent pressure wise.Thats a big if but, to be fair, the warnings of delay to flow testing have been accurate.What I am not clear about is whether the flow tests and analysis news will attempt a stab at the size of the find or not. Any views?

[thegreatgeraldo] 27/2/2017 18:01

edgar - the higher the downhole pressure, the heavier the mud needed to counter it...

[haggismchaggis] 27/2/2017 17:58

Just had another look and trades are still appearing! I'll check back later.

[edgar222] 27/2/2017 17:58

TidyI dont know what heavier mud does mean.Can u (or someone) explainWith thanks in advance

[haggismchaggis] 27/2/2017 17:57

Make that 88.2m traded.

[edgar222] 27/2/2017 17:56

PeterI actually think this might be the perfect trading environmentA company you know a lot about.A share you are confident about.Waiting for transformational news.Limited downside Likely to be range bound until news hits.I still own my main holding but its possible to have some fun (make some money) on a wee side bet.Today suggests a hard bounce back from 5.45 to 7p and we have an earlier interday high of about 7.6p.My plan is not to take money out but to have more AEX shares when news hits. Gawd 'elp me.Good luck!

[haggismchaggis] 27/2/2017 17:55

87m traded, highest level of trading recently, it beats the level reached on the N2 gas discovery announcement.Loads of trades reported after hours too.The MM's sure got plenty of commission today by dropping the price when the RNS arrived. I'm betting there's a load of investors that'll be setting up buy order for the morning, having come home to find their stop loss was hit, then reading the RNS and realising they were shafted by the MM's.

[greyingsurfer] 27/2/2017 17:48

Well done Edgar, I thought about it - but failed to act!

[tidy 2] 27/2/2017 17:46

Massive pressures.

[tidy 2] 27/2/2017 17:44

PHILBORO 793 postsAexAll good news mate, I can't say too much but would having to use heavier mud than normal mean thing to you :)

[edgar222] 27/2/2017 17:20

I got more at 5.45pSuch a stupid fall today