Aminex Share Chat (AEX)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Aminex	LSE:AEX	London	Ordinary Share	IE0003073255	ORD EUR0.001

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.05p	-3.51%	1.375p	1.30p	1.45p	1.45p	1.375p	1.425p	838,841	14:28:36

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	4.9	-1.7	-4.4	-	50.10

Aminex Share Discussion Threads

Showing 70376 to 70398 of 70400 messages

Chat Pages: 2816 2815 2814 2813 2812 2811 2810 2809 2808 2807 2806 2805 Older

Date	Subject	Author	Discuss
16/10/2018 12:33	So no LNG for Tanzania for some years yet then, keeps the focus, the need and urgency on the Ntorya development asap. not long now lads : )	blackgold00	Read Full Thread Reply
16/10/2018 08:14	Shell, Equinor Commit to Tanzania hTtps://www.bloomberg.com/news/articles/2018-10-15/shell-equinor-commit-to-tanzania-lng-as-they-await-host-accord	cperkin	Read Full Thread Reply
16/10/2018 07:28	There's only a few BG... When is the EGM for the farm out deal? The Company is actively working on the Circular, which will include an updated CPR. Aminex expects that the EGM will be held prior to the end of November. Are you fully funded for CH-1? The farmout fully carries Aminex through multiple wells (including CH-1), seismic and infrastructure. As well as the $3MM payable on Completion and the $2MM 180 days thereafter, the Company will be able to back charge operational activity on Ruvuma to 15 March 2018 (effective date of the farmout). Why are you acquiring more seismic over Ruvuma and when can we expect it to take place? Following the drilling of CH-1, the Ntorya Field will be considered for production potential, whereby a 3d seismic survey will fully evaluate the resources and the most efficient and cost-effective way to develop the field. What is the status of drilling CH-1? The Company is committed to drilling CH-1 as part of the greater Ntorya Development area and is working with the Tanzanian Government and all JV partners to drill as soon as possible. The Company received numerous bids for its drilling tender and has shortlisted two companies with which it is negotiating. Can you confirm that the deeper target at CH-1 is oil or condensate? The deeper Jurassic target is exploratory and does have potential to contain liquids, however the Company’s basin model assumes it is gas. What is the current status of Kiliwani? Equipment is being brought into country at present in order to remediate the well as planned and the Company will update shareholders in due course on the work over. It is in the interest of all parties to increase Kiliwani production as quickly as possible. Considering the Company’s forward work programme, are there any operational obstacles to progress? No. We continue to work with the Tanzanian Government and all JV partners to develop the field as quickly as possible. Why has Kiliwani remediation changed strategy from Compression to re-working? We have identified various remedial actions to enhance production and are currently implementing these. Compression, as part of an overall remediation programme, remains an option but the Company is looking at cheaper alternatives to increase production and potentially reserves. When do you expect Kiliwani to be producing again? It is in the best interest of all parties (including the Government) to maximise production as quickly as possible. What impact has the lack of cashflow from Kiliwani had on the Company’s strategy? The lack of cashflow has not impacted the overall strategy but obviously we are disappointed in Kiliwani production and are looking to remediate as quickly as possible. Why did it take so long to organise a potential farm out deal? It was essential to only agree a farm out deal which we believe to be in the best interests of shareholders. Did you go to any other parties for a potential farm out deal? We considered all opportunities for funding and believe we found the best one available to us as it offers a clear line of sight on potential revenues without recourse to further funding. Why didn’t you look to raise funds instead of doing a farm out? The Board felt that the key to unlocking the ultimate value from Ruvuma was to find a route that would accelerate development and production while not having a constant stop/start drill/finance scenario. The Company is farming out to a well-capitalised group which is interested in accelerating near-term production. What happens if CH-1 is dry, both operationally and for the farm out? Operationally, Ntorya 1 and 2 both proved gas exists in the field. If CH-1 is dry, we will need to update our models and consider the best way to move forward, which is expected to include 3D seismic acquisition. It is the strategy of all JV partners to develop the overall field as quickly as possible.	gerryjames	Read Full Thread Reply
15/10/2018 22:15	copyright dunders ltd, lol	blackgold00	Read Full Thread Reply
15/10/2018 21:57	ha really lol! That could be ANYONE over on MC* except for a couple of posters lol! * copyright dunders ltd	dunderheed	Read Full Thread Reply
15/10/2018 21:54	May says a deal is still achievable, but doesn't yet know what a 'deal' is (let alone a good deal). Remind you of anyone?	skinwalker	Read Full Thread Reply
15/10/2018 13:09	I wonder what May has to say	blackgold00	Read Full Thread Reply
15/10/2018 12:54	Well here's hoping, as we can do no more in light of current pronouncements and this is reason share price so low - because let's face it, the BOD have made many estimates and promises b4, that they haven't crystallised?	dunderheed	Read Full Thread Reply
15/10/2018 12:40	end of November, we were told this back on the 11 July RNS Farm-Out announcement, why choose the end of Nov to conclude the farm-out? well in my mind all parties are working to complete before the end of rainy season and start of the dry period from end of Dec - March, so as to drill CH-1. 11 July RNS "The Farm-Out Agreement is expected to be completed prior to 30 November 2018." Q/A "The Company received numerous bids for its drilling tender and has shortlisted two companies with which it is negotiating. " There are two rainy seasons; the short rains are generally from October to December, while the long rains last from March to June.	blackgold00	Read Full Thread Reply
15/10/2018 11:10	Useful Q&A, a good move in the absence of any firmer news for the moment. Peter	greyingsurfer	Read Full Thread Reply
15/10/2018 10:58	"The Company received numerous bids for its drilling tender and has shortlisted two companies with which it is negotiating. " "The deeper Jurassic target is exploratory and does have potential to contain liquids, however the Company’s basin model assumes it is gas."	blackgold00	Read Full Thread Reply
15/10/2018 10:35	I would say that you can probably thank EE for this "A new Q&A section has been added to the Company website here http://aminex-plc.com/FAQ.aspx . If you would like to see more questions added, please email aminex@camarco.co.uk. #AEX"	blackgold00	Read Full Thread Reply
15/10/2018 10:33	ok mate lol!	dunderheed	Read Full Thread Reply
15/10/2018 10:31	you try and prove/disprove it, lol	blackgold00	Read Full Thread Reply
15/10/2018 10:30	Come on mate that's one conspiracy too far lol!!	dunderheed	Read Full Thread Reply
15/10/2018 10:24	it me Dunder, no not being ironic, just trying to make sense of things. lots of questions and answers http://aminex-plc.com/FAQ.aspx	blackgold00	Read Full Thread Reply
15/10/2018 09:43	BG - do you post as the same avatar over on LSE? Do you mind posting over here matey - I assume you were being ironic?	dunderheed	Read Full Thread Reply
14/10/2018 10:40	"If you go down in the woods today You're sure of a big surprise If you go down in the woods today You'd better go in disguise!" Http://www.thecitizen.co.tz/News/Lugola-on-the-spot-over-police-response-to-Dewji-abduction/1840340-4805148-11y3olp/index.html Of course what the Citizen journalist dare not speculate on, is how many of the "disappearings" have been effected by the police themselves.	warbaby43	Read Full Thread Reply
12/10/2018 11:54	Sarah looked nice	blackgold00	Read Full Thread Reply
12/10/2018 11:30	he he exactly lol!	dunderheed	Read Full Thread Reply
12/10/2018 10:52	What wedding??	greyingsurfer	Read Full Thread Reply
12/10/2018 10:35	I bet you're all watching the wedding	blackgold00	Read Full Thread Reply
12/10/2018 10:29	Yes there are some wonderful ppties for sale there. A 2000 sq ft front line ppty (similar to BG's recommendation) with 4 beds around £500k. No train station though!	dunderheed	Read Full Thread Reply

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