Aminex Share Discussion Threads

[rangeoresources] 13/3/2025 05:37:52

https://www.africa-energy.com/news-centre/article/tanzania-winner-ntorya-gas-pipeline-tender-expected-be-awarded

[rangenoresources] 12/3/2025 18:04:02

Haider - I think you need to go to specsavers or was that a blatant deramp?

[haideralifool] 12/3/2025 09:52:55

None of the above.

Range are you sure you are posting on the right board? It's HE1 that's fallen below a penny today.

[rangenoresources] 12/3/2025 09:19:15

Sea of red?
Falling off a cliff?
Dropping like a stone?

Place your bets.

[rangenoresources] 11/3/2025 15:33:23

Another Red day for AMINEX.

Hardly a surprise really.

[blackgold00] 11/3/2025 15:21:32

"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 🙂

[rangenoresources] 10/3/2025 17:31:32

Haggis seems to have gone AWOL again once share price dropped again.

[rangenoresources] 10/3/2025 17:26:54

Sea of Red or dropping like a stone back to 1p after blatant attempted ramp by some posters?

Did warn people not to get sucked in.

[haggismchaggis] 08/3/2025 17:21:01

ARA also state "mean unrisked GIIP potential of 16.4 tcf".
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For the full field development that is.

[rangenoresources] 08/3/2025 08:03:09

I see Bankrupt2006 has followed me to this board. Excellent news as I can mock him here as well as on HE1.

Tell everyone how your investment is going with AMINEX. I sure everyone could do with a laugh. Also tell them why you post on HE1 or are you afraid they will feel I am rent free in your head like your “friend” RFRHB

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[haggismchaggis] 07/3/2025 22:01:03

"An upside aggregated GIIP volume for the Ntorya accumulation based on a success case in multiple stacked sands at CH-1, is estimated by APT to be up to 7.95 Tcf (approximated to a mean unrisked P10 GIIP)."

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7.95TCF = 7,950,000,000MCF.

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The aggregated natural Gas wellhead price for the year 2023 is $3.6212/MMBtu.

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Maurel et Prom 2014 price "a fixed price of US$3.00 per MMBtu (approximately US$3.07 per MCF)".

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So we know from M&P that the price per MMBtu is almost the same as the price per MCF, thus the Tanzania Government price for 2023 of $3.6212/MMBtu can be used for an MCF based asset calculation.
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7,950,000,000MCF x $3.6212 = $28,788,540,000.
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7.95TCF is worth $28,788,540,000 at wellhead prices!
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Aminex have a 25% share of that which is $7,197,135,000!
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Best case scenario obviously, other than finding Oil in the Unit 3 trap or other traps in the multiple stacked sands that CH-1 will test.
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Aminex so very undervalued. Pipeline, Gas sales and CH-1 completion are sure to significantly change that.
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[rangenoresources] 07/3/2025 18:42:03

Haggis - you would be better to use tea leaves for your predictions instead of charts. I know a great book for investing if it helps

🤭🤭🤭🤭

[haggismchaggis] 07/3/2025 12:56:09

Price bounce right off the 200 SMA, nice
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[rangenoresources] 06/3/2025 21:51:50

Geoff96 - they have been peddling the jam tomorrow news for years without any progress. That’s why share price will drift back down again when punters realise nothing is happening anytime soon or at all.

[blackgold00] 06/3/2025 16:13:04

I see that you're very popular here geoff96. 🙂

[geoff96] 06/3/2025 15:34:58

And said news making a huge impact Haggis!
Almost a like for like RNS from a year ago, no timeline/work programme.
Just a collection of their favourite words....imminent/soon/shortly/hopeful....
You get the message.

[haggismchaggis] 06/3/2025 13:39:44

All costs come out to Aminex's $35m free carry.
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"The Company forecasts that all of its capital expenditure requirements will be met through its Carry and future Ntorya revenues."
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"APT (Zubair Corp) will pay $5m in cash and carry Aminex up to $35m of a $140m total projected spend to reach full field development of Ruvuma project."
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[haggismchaggis] 06/3/2025 13:37:59

News is getting out there.
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[rangenoresources] 06/3/2025 09:43:00

Another excellent RNS over at HE1. A company making things happen and in control of their own destiny.

[greyingsurfer] 06/3/2025 07:20:48

Fair enough. "No definitive action" is overstated. Though perhaps not by much, we knew a lot of that stuff was going on, what we're all waiting for are the big stuff like clear news on the pipeline, perhaps even rig contracts. It'll come, but I doubt we'll get major moves before then.

[888icb] 06/3/2025 00:37:02

You say no definitive action but the RNS says otherwise:
“ Operational activities

· 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.

· As previously announced, the drilling of CH-1 and workover of NT-1 are planned to occur after the commencement of production from NT-2 and we await a further update from APT on the proposed drilling schedule once the EPC contract for the Pipeline is awarded.

· Other operational activities have been completed in recent months, including land acquisition and compensation relating to:
o The CH-1 well pad and access road
o Extension of the previous Ntorya-3 site for the construction of a workcamp and open yard storage area for operations
o The upstream processing facilities
o Rights of way for the NT-1 and NT-2 flowlines.

· As previously announced, all casings and tubulars necessary for the drilling of CH-1 and workover of NT-1 have been received, and the wellhead for CH-1 is ready for shipment.

· The work programme and budget for 2025 prepared and presented by APT to Aminex and the Tanzanian authorities was approved in November 2024. The total budget is over $41 million and includes all of the activities set out above.

· A very limited competent person's report (CPR) was prepared for use by the TPDC to justify the construction of the pipeline. A full CPR over the Ntorya gas field is not likely to be commissioned until after the drilling of CH-1 and workover of NT-1.”

[greyingsurfer] 05/3/2025 16:55:26

Yes, good news this morning. But still no definitive action or date. Given recent upward moves not really a surprise to stay where we were in effect yesterday.

[haideralifool] 05/3/2025 16:22:06

"Can see it drifting back towards 1p again." That seat is reserved by HE1.