Aminex Share Discussion Threads

[ngms27] 06/1/2015 08:43

Apples and Oranges how can you compare LGO to AEX?

AEX don't have a GSA so you have no idea what they will be paid for the Gas. It might be peanuts now TPDC have secured the more important partner.

[edgar222] 06/1/2015 08:39

Interesting figures from the LGO board (thanks to 12bn):

"Based on 2,000bopd example, below is a guide to what we can expect to make at the low end of WTI, and what any improvement in the WTI will mean to the upper end of NET profits. These figures are bare NET profits, admin, PPT (petroleum profits tax), facilitation fee, escrow, training research and development fee, state royalty and overriding royalty, finance etc etc.
WTI $35 $7.1m per year
WTI $45 $9.3m per year
WTI $55 $10.9m per year
WTI $65 $13.2m per year
WTI $75 $15.6m per year
WTI $85 $17.9m per year"


This obviously relates to oil not gas and is in Trinidad not Africa.

The relevance is the income versus market cap. LGO is 90m - 100m market cap depending on which minute of the day you check it (!)

Those income figures are not a million miles away from the income we hope for from the GSA.

A market cap like LGO's is 5-6p per share for Aminex.

[jrduc] 06/1/2015 08:34

tree shake?

[edgar222] 06/1/2015 06:54

Good article. Those figures are as at early December.

The pipeline and local gas will save Tanzania USD 1 Billion per year.

[oilretire] 06/1/2015 05:33

94% of gas pipeline/plant infrastructure completed using 80% of Chinese loan so far....

[vike1] 05/1/2015 19:46

Anyone able to access that "Wide Open for Business" article on ADVFN premium?

[warbaby43] 05/1/2015 17:56

Gives an indication of the economic benefit of gas v heavy fuel oil:

hxxp://www.dailynews.co.tz/index.php/biz/40073-engine-overhaul-makes-iptl-cut-power-tariff

[dan_the_epic] 05/1/2015 16:55

Where OIL GOES. GAS WILL FOLLOW

HENRY HUB TANKING......! GOOD NEWS FOR TPDC. BAD FOR AMINEGGS

[skinwalker] 05/1/2015 16:52

yeah
but I can afford to fill up the Bentley

[blackgold00] 05/1/2015 16:41

o gosh, poo down to $52 where's it all going to end, a lot of company's/country's feeling a lot of pain now.

[warbaby43] 05/1/2015 11:06

With a hat tip to gonefishin for the find and kormacurry, over at iii, for the translation:



It provides most up to date picture of the infrastructure schedule while also getting the first retaliation in over corruption allegations

[blackgold00] 05/1/2015 06:14

a little injection of reality.

(This Oil Price Decline Is Unsustainable [Video]

[warbaby43] 03/1/2015 14:10

Whoops sorry pardon, blackgold00, forgetting yesterday's tuition - now rectified.

[blackgold00] 03/1/2015 13:06

warbaby43, what is the matter with your link? its not working

[warbaby43] 03/1/2015 11:21

Funnily enough no mention of the "challenges" of collecting the 16,000,000,000/- Tanesco are owed in unpaid bills or the umpty billion more shillings they are losing via illicit hook-ups:

[pensioner2] 02/1/2015 17:29

This is getting SO FAr fetched it should be left to to BB2 as it is his area of specialist expertise.

[blackgold00] 02/1/2015 17:23

JoeStalin, "Eh? Do you actually know what a lion is? They will eat the cattle that the humans keep for food. Hence the conflict. There is no 'cruelty' involved."

has any body considered this matter from the cattle's point of view?

[skinwalker] 02/1/2015 17:17

Donkeys? Has our very own nodding donkey been Thrown to the lions at Last? How awful. Still, he did claim to have been a Lion Tamer in a previous existence - clearly no expert. C'est la vie!

[joestalin] 02/1/2015 15:45

Nothing, JT

Just inertia induced boredom

[warbaby43] 02/1/2015 15:39

All very understandable really as it was donkeys the lions killed so all down to sheer envy no doubt

[ngms27] 02/1/2015 15:38

WTF has this got to do with Aminex other than Lions becoming extinct prior to any GSA being signed!

[joestalin] 02/1/2015 15:28

Eh? Do you actually know what a lion is? They will eat the cattle that the humans keep for food. Hence the conflict. There is no 'cruelty' involved.

Secondly, humans do not always assume the worst. Paranoic humans maybe do so.

[bunbooster2] 02/1/2015 15:22

Protecting cattle from becomng friends with lions? This is Tanzania not apartheid era South africa. Species are allowed to mix you know.

Why do we humans always assume the worst.

[lfdkmp] 02/1/2015 14:49

Yes - She told me all about you bunbooster.