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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aminex Plc | AEX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.20 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.20 | 1.20 | 1.20 | 1.20 | 1.20 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 11/6/2025 13:50 by geoff96 Ah...look at HE1 getting things done...AEX ghost town continues, what exactly are they up to?! They might get down to releasing one RNS a year soon - to announce the AGM! |
Posted at 11/6/2025 12:29 by haideralifool IIRC someone mentioned AEX/ARA reporting that the Tanzanians have become much better at negotiating.Going by today's HE1 RNS, they're going to be rinsing £1m a year out of that company for land rental. |
Posted at 10/4/2025 11:43 by geoff96 Is there anyone left that's optimistic about AEX? Don't think many still believe this will come good.Back to 0.5p - yes - half a measly penny once they announce the next 2 year delay. |
Posted at 11/3/2025 15:21 by blackgold00 "Aminex have a 25% share of that which is $7,197,135,000!"So what would that equate to in an equivalent capitalised (AEX) share price 🙂 |
Posted at 05/3/2025 08:32 by 888icb AEX say it is fully funded:“ The Company forecasts that all of its capital expenditure requirements will be met through its Carry and future Ntorya revenues.” |
Posted at 05/3/2025 08:08 by haggismchaggis First revenues are a big event for AEX, they will come from NT-2 just as soon as the pipeline is completed. We won't be waiting for CH-1 to get revenues flowing."The operator (ARA Petroleum Tanzania (APT)), continues with the procurement and installation of processing facilities, flow lines, hook-up systems, manifolds and fiscal meters, to ensure the integrated development of the project and enable production from NT-2 into the Pipeline. The NT-2 well is scheduled to be ready to produce gas in time for the completion of the Pipeline." "We understand that the process for the award of the EPC contract is almost complete and hope to receive further news from the TPDC shortly." "Following the signing of a Gas Sales Agreement and the award of the Development Licence in 2024, and with the anticipated award of the EPC contract for the Pipeline, there is now a clear path to monetisation of the Ntorya gas field." |
Posted at 05/3/2025 07:25 by haggismchaggis Good to see AEX confirm exactly what I've been saying for ages would be the case. The resource is way too big to stop at 140mmscfd.. "increasing the field production rate within around a five-year period from 60 mmscf/d to 140 mmscf/d to 280 mmscf/d" . 280!! |
Posted at 03/3/2025 07:31 by haideralifool haggis that's true. Still he's an non-exec of AEX and likely appointed the Chairman of AEX. |
Posted at 26/2/2025 13:23 by 888icb AEX up 12.5% and Number 7 on the Leaderboard as a late reported £39000 Buy of 3.4 million shares at 1.14p appears. This takes the volume so far to 5.5 million. It’s time for news here particularly because Tanzania is about to auction 26 oil and gas licenses. It is difficult to imagine anyone being interested if they can’t see AEX’s projects progressing to production. |
Posted at 22/1/2025 11:12 by haideralifool Just to paste more text from those (Aminex Petroleum Services) accounts for additional clarification:The Company has a shareholder's deficit of £31,018,392 (2022: £32,248,693) and is dependent on the continued financial support in the form of working capital funding from its parent company, Aminex PLC ("AEX"), and the ability of the wider group headed by AEX ("the Group"), to continue as a going concern. AEX has provided written confirmation that it will provide financial support to the Company for a minimum of 12 months from the date these financial statements are approved. The Directors are confident that with the continued financial support from AEX it will have access to sufficient cash resources to enable the Company to fund its operational requirements, for a period of at least twelve months from the date of approval of these financial statements. On this basis, the Directors have therefore concluded that it is appropriate to prepare the financial statements on a going concern basis. In sum the debt is something that the Co. we are invested in will have to deal with. But this state of affairs has been known for a long time and is likely factored into the current share price |
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