Aminex Share Discussion Threads

[bunbooster2] 11/2/2015 09:01

Ladt throw - i cant access it either. Which operating system are you using?

[last throw] 11/2/2015 08:44

Hi all

Haven't accessed the article but this is in the Rovumu basin.

hxxp://www.africaintelligence.com/AEM/gas/2015/02/03/why-anadarko-is-focussing-on-the-golfinho-reserve,108059781-GRA

LT

[bunbooster2] 11/2/2015 08:43

Big price falls today. Cat is out the bag?

[vike1] 10/2/2015 19:14

Looking further into Hoifu Energy, is interesting to note that their Deputy Exec Chairman is Neil Bush, son of George H.W. Bush and brother of George W.

Now, think what you will of the Bush family's politics, they are royal blood when it comes to the oil industry. I'm sure Neil wouldn't be messing around with a company with no potential.

Here's hoping we get an update on our Egypt assets soon, bc a find there would provide a much needed boost of free cash flow!

Vike

[bunbooster2] 10/2/2015 16:54

Rafix - it us just showing up as text. Doesnt take me to site when i click on it (tried a few times now).

[rafix] 10/2/2015 16:21

www.ippmedia.com/frontend/index.php?l=77224

[rafix] 10/2/2015 16:20

www.ippmedia.com/frontend/index.php?l=77224

[rafix] 10/2/2015 16:18

change the beginning to http: instead of hxxp:
then paste it in your browser

[ngms27] 10/2/2015 16:18

Quote of the day: Fundamentals Strong

How are the fundamentals strong when Aminex face a funding crisis within weeks?

Even if the GSA is signed they are still going to be cash flow negative if the latest accounts are anything to go by.

So where's the monies coming from for the required Nytora drill by June 30th 2015 never mind the rig contract and availability.

I'd therefore say the Fundamentals are week and this is a punt share end of.

[bunbooster2] 10/2/2015 16:15

Rafix - link doesnt work

[rafix] 10/2/2015 15:56

hxxp://www.ippmedia.com/frontend/index.php?l=77224

[blackgold00] 10/2/2015 15:44

thecynical1, its enough to make you cynical

[bunbooster2] 10/2/2015 15:37

Pyjamaboy - HOW CAN YOU BE SO SURE? I AM WORRIED.

[thecynical1] 10/2/2015 15:35

BB - it has simply hit a level where the traders start to pile put again.....jmo.

[thecynical1] 10/2/2015 15:34

blackgold...loophole or not....it is standard practice.....the director's give themselves options with a mad strike price ( normally easily achievable if things go halfway well ) so they don't need to actually cough up any cash to buy shares..... : ) get with it man....this is an old game! : )

[thecynical1] 10/2/2015 15:31

jacks.....call their broker! : )

[pyjamaboy] 10/2/2015 14:58

bunbooster , price manipulation mate , fundamentals STRONG , be patient

[bunbooster2] 10/2/2015 14:34

Has anyone noticed a price drop today? Could there be bad news?

[jacks13] 10/2/2015 14:15

I can relax then blackgold, the gsa isn't going to be signed 'quite quickly'. I thought for a moment there that there was going to be a bit of a hurry-up!

[blackgold00] 10/2/2015 13:50

so directors/companies can give (price changing inside information) to placees for them to take advantage and invest in the company, but the directors and NEDs of such a company would themselves be prohibited to take advantage of such price changing info. hmm is there loophole here somewhere?

[blackgold00] 10/2/2015 13:34

"The option on the second tranche expires after 30 days" after the signing of the GSA.

[jacks13] 10/2/2015 13:30

The option on the second tranche expires after 30 days. Does that mean the gsa will be signed 'quite quickly'?!

[greyingsurfer] 10/2/2015 13:22

have they raised the money to finance the initial purchase or is there a question mark over that as well?

I'd assume they've raised the cash for the first tranche, or at least are know where it would come from, since they have committed to that. Fair to assume that cash for part 2 remains to be raised, and as ngms says they are presumably relying on finding it easier to raise it after the GSA is signed.

Peter

[jacks13] 10/2/2015 13:11

Good answer cynical but like blackgold I'd like to know how I join the queue to be approached etc.

[thecynical1] 10/2/2015 13:06

Blackgold - it is hardly a new concept? if you are approached about a placing / fundraising, you are told ( or you should be told ) that you are now effectively "on the inside" until such time as announcement is made.