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AEX Aminex Plc

2.025
0.025 (1.25%)
Last Updated: 10:18:22
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Aminex Plc AEX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.025 1.25% 2.025 10:18:22
Open Price Low Price High Price Close Price Previous Close
1.95 1.95 2.05 2.00
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Aminex AEX Dividends History

No dividends issued between 30 May 2014 and 30 May 2024

Top Dividend Posts

Top Posts
Posted at 24/5/2024 08:34 by citys2874
Good morning lovely start for AEX and CRTM both rallying now we are in for a happy Friday
Posted at 24/5/2024 08:33 by bhoddhisattva
Quiet in here now isn’t it?

Admit it - you’re all looking at live price of AEX aren’t you?
Posted at 23/5/2024 16:33 by bhoddhisattva
AEX holders have been very patient and I congratulate all- including me!

A bright future awaits I believe.

Whereas it seems investors in He1 may not have the resources to even shop in The Range soon … I never have but …
Posted at 23/5/2024 16:09 by greyingsurfer
https://www.londonstockexchange.com/news-article/AEX/ntorya-development-licence-granted/16486100
Posted at 19/5/2024 14:59 by dbfromgb
Normally delays such as we are experiencing are symptomatic of bad news and problems. But given the recent highly positive news flow, from TPDC, the Tanzanian government, and from AEX, my own view is that the delay is due to developing good news as all parties seek to maximise the value of the field post the 3D results. It is entirely possible that when the news drops it will include an expanded field development plan, and either an lng plant adjacent or a larger size pipeline. 250mmcfd seems nailed on now as a minimum, at a broker value of 4.6p. After well over a decade of hanging on, a few more days/weeks is of little consequence!
Posted at 19/5/2024 09:29 by bhoddhisattva
Edgar - I’d love to read that post - esp. if it’s good news for AEX holders - but I’m still blocked from your posts on X!

And I honestly don’t know why or what I’ve done to offend! (If I have!)
Posted at 08/5/2024 16:21 by greyingsurfer
Bizarre! If they really think trading in 99p of shares sets a meaningful high! I know AEX is a small cap (for now anyway) but that's ridiculous!
Posted at 08/5/2024 12:37 by haggismchaggis
"with the aim of defining preliminary 1p and 2p reserve estimates" is how you can get AEX from a £57.90m market cap to a huge one prior to producing huge amounts of gas from the field. With 8 to 11.2 TCF recoverable. 2TCF to 2.8TCF to AEX is worth $6,000,000,000 to $8,400,000,000. Compared to the £57.90m market cap the 1p and 2p for CH-1, NT-1 and NT-2 should make AEX significantly undervalued based on the below. And the full field even more so.
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"Enterprise Value/Proven and Probable Reserves
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This is enterprise value compared to proven and probable reserves (2P). It's an easily calculated metric which requires no estimates or assumptions. It helps analysts understand how well its resources will support the company's operations.
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Reserves can be proven, probable, or possible reserves. Proven reserves are typically known as 1P. Many analysts refer to it as P90, or having 90% probability of being produced. Probable reserves are referred to as P50 or having a 50% certainty of being produced. When used in conjunction with one another, they are referred to as 2P.
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The EV/2P ratio should not be used in isolation, since reserves are not all the same. However, it can still be an important metric if little is known about the company's cash flow. When this multiple is high, the company would trade at a premium for a given amount of oil in the ground. A low value would suggest a potentially undervalued firm."
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Posted at 30/4/2024 23:07 by skinwalker
"No idea who McTripe is, but I've only ever seen that name used by bashers on the LSE QED board, so quite possibly RoJo is not trolling AEX, he's trolling this McTripe person on multiple boards under different logins. That certainly explains a lot, because there's some real pshycho's out there that will internet stalk others."

This is a post from StockCheque on the other board today. He claims that he doesn't know who McTripe is ! McTripe is of course our very own haggismchaggis. He's known as 'mctripe' because he posts more ramping nonsense than we've had hot dinners.

Of course it doesn't end there, haggismchaggis and StockCheque are the same poster. and haggismchaggis used to post using the avatar 'sueyou'. A very odd individual. I can only think he 'invested' a shed-load in Aminex when he was 'sueyou' and now pops up from time to time desperately ramping in the hope that he can shift the share price in a direction that will enable him to buy a new pair of pants.

Not to be trusted! Give him/them a very wide berth.
Posted at 13/3/2024 15:40 by haideralifool
"PR or not, it has only been going one way for years and literally no one could argue any different."

I think that needs some detail.

They got the farmout started in July 2018. It was completed in October 2020. For various delays the results have only come out a few weeks ago.

But the seismic has been done and banking on a positive result has been a good call, albeit it hasn't been one that has paid off, yet.

A bad call would have been one where after spending millions the resource showed no or only marginal improvement.

The upgrade has also derisked holding AEX equity (IMHO). A more modest resource and one that did not require additional capital would have called into question the value to the Zubairs of continuing to sustain AEX.

The size of the resource the we have now means that the Zubairs need for capital is a foregone certainty and AEX is one means (amongst a number) that they'll likely use.

So we come back to the issue of future progress. I am confident that we will get the development licence and while I am not confident of getting it in the near future, I think we will get it in calendar 2024.

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