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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% | 1.15 | 08:00:15 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.15 | 1.15 | 1.155 | 1.15 | 1.15 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 12/11/2024 16:14 by haideralifool Ok Geoff, so what's your explanation as to why AEX were in a podcast with:"a European law firm built around its people. We are a full-service firm with market-leading practices in technology, financial services, energy and natural resources and life sciences ... [who] work with many of the biggest organisations globally..." |
Posted at 11/11/2024 12:51 by haideralifool At times like this people might wonder whether anything is happening.This was reported around mid-October, but I don't think this board was updated: "In this discussion, Oliver Abel Smith, a partner in the Financial Markets Products Group at Fieldfisher, interviews Nigel Penney, Chief Financial Officer of Aminex PLC, about the company's operations in Tanzania and its role in Africa's broader energy transition." hxxps://www.fieldfis A good opportunity for reading tea leaves, I think. 1. A law firm wants to podcast about energy transition. So they choose Aminex. Why Aminex, why now and why interviewed by this firm? 2. It could all be a coincidence and mean absolutely nothing OR 3. One or other party has sought to initiate a relationship. Both parties are ok with the 'association' being in the public domain 4. What could the association mean? From AEX perspective it would be weird if it presaged bad news - I think it heralds positive developments Also worth noting, I think the meeting only took place because ARA was ok with it and they likely signed off on the expense of engaging lawyers. |
Posted at 06/11/2024 11:02 by farmscan I, like many here I suspect, have held onto my shares in Aminex for years and years and I am sitting on a great loss. Will we really ever see the benefits of having held for so long, even though we appear to be on the cusp of good things happening?With ARA owning almost 30% of Aminex, will they not just brush up the remaining percentage of Ruvuma? I hope I'm wrong, but can't see what the advantage is to leaving AEX independent. |
Posted at 24/10/2024 08:10 by haideralifool It's good to see we're reaching the stage where AEX contacts lawyers. |
Posted at 09/10/2024 09:08 by pigeons Good morning. Well, I thought that was very interesting on the news this morning Mozambique, to fund. all the gas. gas infrastructure so as they can sell it to surrounding countries as they've been holding it back since 2021. This could seriously affect AEX. so ONE has to ask why. is Aminex holding back? interesting. |
Posted at 23/9/2024 17:43 by bhoddhisattva Problem is every time you respond to these onanist trolls you keep them coming back for more.This board is of zero value because of them and the attempted take downs.Just give up, ignore them, please - and it might be worth posting here again one dayOtherwise, if you're a genuine AEX investor or follower or just curious but genuine, follow the Telegram board. |
Posted at 20/9/2024 06:19 by haideralifool I uploaded AEX RNSs from 2021 too 2024 into Chatgpt and gave the following prompt:"Using the role of an expert investment analyst please write a 300 word appraisal of Aminex PLC using the information in this document." This was the answer (reasonably fair, I think), taking into account the origin of the source material: As an investment analyst evaluating Aminex PLC, the company presents an intriguing opportunity within the energy sector, primarily due to its focus on the development of the Ntorya gas field in Tanzania. Over the past few years, Aminex has transitioned from a company burdened with financial constraints and operational uncertainty to one on the verge of significant commercial gas production. ### Strengths: Aminex’s farm-out agreement with ARA Petroleum in 2021 was a strategic move that provided essential financial backing. This agreement carried Aminex’s share of the Ntorya development costs, up to $35 million, allowing it to pursue its gas exploration and production plans without requiring additional capital from shareholders. The completion of a 3D seismic survey covering 338 square kilometers, one of the largest in East Africa, provided a crucial boost to the company’s resource estimates. The Ntorya gas discovery’s gas initially in place (GIIP) estimate has increased significantly, now standing at 3.45 trillion cubic feet (Tcf), with further upside potential. These figures position Ntorya as one of the largest onshore gas discoveries in East Africa, offering immense production potential. ### Risks: Aminex is heavily reliant on the successful and timely execution of development plans. Although it has secured a 25-year development license in 2024, potential delays in constructing key infrastructure, like the Ntorya-to-Madimba pipeline, could impact the company’s ability to achieve first gas by mid-2025. Additionally, being a non-operator means that Aminex is dependent on its partner, ARA Petroleum, to drive technical execution. ### Conclusion: Aminex is positioned to deliver substantial value, particularly if gas production commences on schedule by 2025. For investors with a risk appetite for emerging market energy plays, the company offers upside potential, underpinned by its extensive gas resources and long-term agreements with Tanzanian authorities. However, the operational risks and timeline execution remain key factors to monitor closely. |
Posted at 17/9/2024 08:51 by haideralifool As we saw from the signing ceremony attended by 1,000 people - clearly a lot was going on over the past few months to put together something like that and have in attendance the Deputy PM and senior reps from PURA and TPDC.Now some here may argue that they want to see drilling and pipeline activity. But the fact is that unlike most other small E&P co's on LSE/AIM - this is a resource of national consequence to the country AEX is operating in. Political support is a sine qua non and if it takes place publically, so much the better. |
Posted at 17/9/2024 08:39 by bhoddhisattva What has that really got to do with AEX? |
Posted at 27/6/2024 11:35 by 888icb AEX can only release information when it is formally released to them by ARA. AEX therefore have no control over information being available before their AGM and AEX would have had to release an RNS before the AGM if they were going to discuss new information at the AGM. |
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