Aminex Share Discussion Threads

[blackgold00] 29/4/2025 08:05:52

"They’re going to need a bigger pipeline!"

Yes, but 140mmcfd will fill the current spare capacity of the 210 mmcfd (3 train) Madimba processing plant.
There was talk of building another processing plant at Ntorya?

[rangenoresources] 29/4/2025 07:31:21

Skin - does seem very small but maybe that’s done to save costs.

[skinwalker] 28/4/2025 18:26:42

14 inches ?
A tiddler !

[rangenoresources] 28/4/2025 15:06:59

I wonder how long the delays will be building the pipeline? May explain drop in share price.

[greyingsurfer] 28/4/2025 15:04:33

They're going to need a bigger pipeline!

[haideralifool] 28/4/2025 13:43:46

Thanks to James Ashton over on the Telegram group. Tanzanian Govt budget speech for 2025/2026.

(iv) Construction of a Gas Pipeline from Ntorya (Ruvuma
Block) to Madimba
251. Honourable Speaker, due to the increase
For the country's natural gas needs, the Ruvuma Block is strategic and
when it starts producing natural gas it will help increase the availability of
natural gas for various uses in the country. The government through TPDC
will continue with the implementation of the project to construct a 34.2
kilometer long natural gas pipeline from the Ntorya area (Ruvuma Block)
to Madimba for processing. This pipeline will have a diameter of 14 inches
and a capacity to carry 140 million cubic feet per day. A total of 23.2
billion shillings of domestic funds have been allocated for the
implementation of the project works.

[skinwalker] 25/4/2025 09:57:00

Yes, quite remarkable.

[rangenoresources] 25/4/2025 07:56:08

Skin - you have to admire their resilience.

[skinwalker] 24/4/2025 19:14:29

Four months running ?
Crikey !
Totally unprecedented !

[rangenoresources] 24/4/2025 16:54:04

Skin - unfortunately they are. Kind of ironic the content of their posts when their poster name is mocking mine.

They seem determined to win POTM this month as well.

[skinwalker] 24/4/2025 16:46:49

Is that silly pot, kettle and black plonker still posting here ?

[rangeoresources] 23/4/2025 22:18:27

Could ask the same of you?

[rangeoresources] 23/4/2025 21:55:48

Here we go they are out again amazing coincidence!!

[skinwalker] 23/4/2025 21:46:32

None of it of course, but when did Aminex ever achieve anything ?

[rangeoresources] 23/4/2025 17:26:06

Why People Troll:The reasons behind internet trolling are complex and varied, but may include:Desire for Attention:Some trolls simply enjoy the attention they receive, even if it's negative attention, and seek to provoke a reaction to feed their ego. Personal or Ideological Agendas:Some trolls may be motivated by a desire to promote a specific cause or agenda, even if it means disrupting online communities. Psychological Factors:Studies have suggested a correlation between trolling and certain personality traits, such as low social skills, a tendency towards aggression, or a lack of empathy. Anonymity and Disinhibition:The anonymity afforded by the internet can embolden individuals to engage in behaviors they might not otherwise display in face-to-face interactions. Enjoyment of Provocation:Some individuals find pleasure in provoking others and causing a stir, and they may use trolling as a means to express their feelings or entertain themselves at the expense of others. Ring any bells Geoff ?

[geoff96] 23/4/2025 12:04:01

• The operator of the Ruvuma PSA, ARA Petroleum Tanzania Limited ("APT") continues to progress operations at the Ntorya gas field, with the following planned for 2024, upon receipt of the Development Licence:

o Contract a rig operator to undertake the drilling of the Chikumbi-1 appraisal well and, if successful, to complete the well as a gas producer.

o Re-enter and repair a tubular leak in NT-1 to enable the well to be completed as a gas producer.

o Undertake further testing on NT-2, currently suspended as a gas producer, using a mobile test unit and refine the design of in-field gas processing facilities.

o Support the Tanzanian authorities in the construction of a spur pipeline to take gas from Ntorya to the Madimba Gas Plant and accommodate gas extraction from the field.

• The Company's largest shareholder, Eclipse Investments LLC, has agreed a funding facility for US$3 million, ensuring Aminex has sufficient working capital available after 2024 and until the commencement of revenues from Ntorya gas sales.

RNS Date 29th April 24
Can anyone tell me how many of the above they have achieved? ;)
Thought so....

[rangeoresources] 15/4/2025 19:02:15

Nice little chunk of buys at the end of the day

[fortune cookie] 15/4/2025 15:51:23

RR - works for me just takes a while to load

[888icb] 15/4/2025 15:30:28

Chairman said Active and Dynamic 2025
Let’s just go back to the latest RNS to remember where we are as advised by the Chairman on 5th March:

“ Charles Santos, Executive Chairman of Aminex commented:

"I am pleased to say significant progress has been made on all fronts of the Ntorya gas development in recent months, following the award of the 25-year Development Licence last year. The Tanzanian government continues to express its full commitment to the project and we hope to receive confirmation of the award of the pipeline contract shortly. APT, meanwhile, is preparing the ground for first gas.

The important seismic results have allowed APT and Aminex to propose a more extensive and longer-term plan for Ntorya, including the additional drilling programme and consequent increased gas production, substantially increasing the potential value for Aminex shareholders. This Ntorya gas will also benefit the Tanzanian people considerably, increasing the reach and reliability of electricity supplies, supplanting dirtier fuels such as coal and wood, and helping boost the country's industrialisation.

We thank the Tanzanian government and the TPDC for its support and its steadfast efforts to make the Ntorya pipeline a reality for our project and we thank APT for its continued efforts to progress the development.

We should note that like all big projects with multiple state national and international parties, project timelines can be impacted as the various stakeholders synchronise their workstreams and coordinate processes. Nevertheless, last year has been by all accounts a pivotal year, and we now look forward to a very active and dynamic 2025."

We should receive further news soon if we are to have an active and dynamic 2025 as we are nearly 1/3 of the way through 2025 and have done as much preparation as is possible without actually starting work.

[rangenoresources] 15/4/2025 14:10:24

Fortune cookie - link doesn’t work. Why am I not surprised.

[fortune cookie] 15/4/2025 11:22:38

RR - too much for you to click on the link and read the content.

[rangenoresources] 15/4/2025 07:32:18

Fortune Cookie - I bet the link doesn’t work. Kind of ironic.

[rangenoresources] 14/4/2025 14:49:19

Another Red Day. Rampers have left again.

[rangeoresources] 11/4/2025 22:40:25

Skin @ Geoff / too much to ask to have a an actual discussion then ? Trolls utd