Aminex Share Discussion Threads

[greyingsurfer] 30/12/2014 14:48

JT,

M&P (Wentworth are non operating partners) have a GSA to provide 80mmscfd (all they can currently supply). There is an option for them to increase that to 130 over time, but they've made it clear that further drilling would be needed, and they are clearly not prepared to commit to more than 80 at present. The Madimba processing plant will have an initial capacity of 200mmscfd, upgradeable to 600. The pipeline has a capacity of 780.

So suggesting that M&P can fill the pipe, now or in any medium term foreseeable future, is rubbish!

Peter

[nerdofsteel] 30/12/2014 14:23

No one on a bulletin board has the power in isolation to force a share price up or down.

[edgar222] 30/12/2014 14:21

Blackgold

I warned you before. He has an agenda. The "lay off good old JT he has been around forever" dosent wash with me.

He only appears on a BB when he wants back in. Talks it down, then tells us he has bought some.

The entire pipeline has a capacity of 784 MMBTU, which will be raised to 1,002 MMSCFD in future.


EDIT: Prediction. Ngms will come back and say its not the capacity of the pipeline but the capacity to take gas out the other end of the pipeline. Trouble is, he didn't say that. He would still be wrong, by the way.

[blackgold00] 30/12/2014 14:04

point me in the right direction.

[qackers] 30/12/2014 14:02

"My understanding is that the Wentworth flow rates will not be enough to completely fill the pipeline, but if Iam wrong are you suggesting they will just go with Wentworth and forget Aminex/Ndovu altogether?"

Also not good practise to rely on one supplier. What happens if Wentworth output fails for whatever reason.

[ngms27] 30/12/2014 13:54

Blackgold, I suggest you check your units.

[nerdofsteel] 30/12/2014 13:30

My understanding is that the Wentworth flow rates will not be enough to completely fill the pipeline, but if Iam wrong are you suggesting they will just go with Wentworth and forget Aminex/Ndovu altogether?

[ngms27] 30/12/2014 13:26

TPDC does not need our gas if you read the Wentworth GSA announcement.They asked Wentworth to completely fill the new pipeline within 2 years.Make of that what you will.

[nerdofsteel] 30/12/2014 13:19

BunBooster2
30 Dec'14 - 11:20 - 50808 of 50814 0 0

Starting to fall, GSA negotiations called off?
------------------------------------------------------------
By the price dropping intraday by about 2%, from shich it has now recovered and some, how can one assume GSA negotiations are faltering?

The TPDC NEED OUR GAS, it is that simple.

What would happen if there was no gas to generate power because they wouldn't get the GSA agreement? There would be riots. The Chinese have spent $1.2bn building the pipeline, the Tanzanians need to start repaying that, and to do it they need to have gas flowing through the pipeline.

GSA by the end of Jan is my guess.

[hawks11] 30/12/2014 12:41

He means he is getting excited as Burns night is not far away and then he will be singing the praise of the Haggis, can't mean anything sensible.

[greyingsurfer] 30/12/2014 12:40

Picking bottoms is a bad habit

[blackgold00] 30/12/2014 12:37

what does that mean?

[haggismchaggis] 30/12/2014 12:34

That is either a double bottom or a triple bottom on the six month chart I think.

[blackgold00] 30/12/2014 11:31

he's not a numpty, it's just Bunny being funny

[risk1] 30/12/2014 11:23

Omg what a numpty

[bunbooster2] 30/12/2014 11:20

Starting to fall, GSA negotiations called off?

[warbaby43] 30/12/2014 11:18

It might just be, of course, that latterly TPDC have had as their priority, not the AEX GSA, but their own applications to EWURA for their rather lavish tariff of $4.178 and their even more lavish (certainly by Tanzanian standards) payscales - see my post @ 50610.

Indeed, it could well be that when their regulator connects the dotted line between the two applications, both will be rejected - unless, of course, the Tanzanian juice spreading custom prevails.

[blackgold00] 30/12/2014 11:13

ngm27, how about a new year resolution, like being a teenie weenie bit more positive in your fellow man and their capabilities to make decisions by what is right.

[nerdofsteel] 30/12/2014 11:05

No GSA? Very unlikely - the TPDC NEED our gas and the chinese have spent $1.2bn on a pipeline and Gas processing plants

[ngms27] 30/12/2014 11:02

He could be proven right if there is no GSA or Ruvuma farm out.

[mug3] 30/12/2014 10:36

Solo is moving up because it was badly shorted from 1p down to 0.4 because some bloggers thought HH well was a disaster. Turned out HH is a great success. Plus Tanzania is going up and up in value as each month rolls on. Good to see Aminex moving now. Both Solo and Aminex are far too cheap based on Tanzania alone. That james Parter Deon shareprophets called Solo his number 1 short for 2015. How wrong was he. These unregulated bloggers should be hauled up and put away.

[blackgold00] 30/12/2014 10:07

I do get the feeling Solo is a bit leaky like a sieve