We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aminex Plc | LSE:AEX | London | Ordinary Share | IE0003073255 | ORD EUR0.001 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.055 | 4.49% | 1.28 | 1.25 | 1.35 | 1.30 | 1.225 | 1.23 | 9,189,835 | 16:35:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 64k | -4.06M | -0.0010 | -13.00 | 54.75M |
Date | Subject | Author | Discuss |
---|---|---|---|
14/4/2015 08:34 | Peter Does not the changing wording of where the GSA is at cause conscern? It obviuosly was not ever waiting for final signatures, according to this RNS position, if correct I still state they do not know where the GSA is at | pj 1 | |
14/4/2015 08:31 | Thankyou Gerry, yes, I know you're all eagerly awaiting my assessment. I've been studying and checking the arithmetics and my conclusion is that this doesn't add up to very much - if anything. No surprise there eh? | skinwalker | |
14/4/2015 08:30 | the balance probably covered their fees.............oh silly me......200,000 would have covered their fees for......em......... | thecynical1 | |
14/4/2015 08:29 | No great surprises really. GSA was never likely to be announced today. If it had been signed we'd have been told immediately - it's not news that would have been held back. As ngms says the going concern section is a concern, but then it was an concern before and there's nothing really unexpected in there. We've known for a long time that repaying the Argo loan was going to involve some work. There are ways of doing it, some more attractive than others. Clearly it's going to be a lot easier if the GSA is sorted before the end of H1, that will bring in (probably) the rest of the Solo cash, and make any extension or refinance a lot easier. Clearly Moldavia isn't likely to raise much, but it was never expected to. A bit of guidance on when any production related US cash is likely to appear would have been useful. And it was interesting to see confirmation, as impvesta pointed out, that as many had thought, the GSA has been at least in part held up as it's tied in with the other supplies to the new Songo Songo plant. Peter | greyingsurfer | |
14/4/2015 08:29 | Even if SOLO take up the remainder and asuming Argo paid off, then AEX do not have sufficient working capital imo No matter what happens they need some more urgnent serious funding imo | pj 1 | |
14/4/2015 08:28 | Is a phat un on the way?? | risk1 | |
14/4/2015 08:25 | $3.3m went to Argo out of $3.5m as per the accounts and notes | ngms27 | |
14/4/2015 08:24 | Large rescue placing cometh. | sleveen | |
14/4/2015 08:23 | excluding Argo commitmnants they have <$1.1m working capital, and thats with 'tight' cost control. Those creditors will be getting worried seeing these accounts. Has all the SOLO funds recieved gone to ARGO, can anyone tell? | pj 1 | |
14/4/2015 08:22 | To be honest I can't see anything in the prelims that we weren't expecting. To me it all comes down to getting the GSA signed and the loan renegotiated. Unless and until these both happen I think we have to put up with the rocky ride that the share price will give us. | impvesta | |
14/4/2015 08:13 | bet those will be interesting discussions........s | thecynical1 | |
14/4/2015 08:13 | Market well peed off imo | risk1 | |
14/4/2015 08:09 | Skin must still be reading and checking the maths. | gerryjames | |
14/4/2015 08:08 | alternative methods of raising capital to enable it to repay the Argo Loan You can just hear '' Darwin'' cant you? | pj 1 | |
14/4/2015 08:06 | "However the Directors have taken into account that in February 2015 the Group completed the partial sale of its interest in the Kiliwani North Development Licence, selling 6.5% for $3.5 million, of which Aminex applied net proceeds of $3.3 million to pay down the Argo Loan. Under the terms of the Asset Sale Agreement, the purchaser has an option to acquire a further 6.5% for consideration of $3.5 million: the option period is for thirty days following the signing of a Gas Sales Agreement for Kiliwani North gas by Aminex's subsidiary company, Ndovu Resources Limited. While the additional sale of 6.5% in the Kiliwani North Development Licence remains at the purchaser's option, the Directors have a reasonable expectation of the option being taken up and the consideration received prior to the Argo Loan repayment date of 31 July 2015 and therefore being able to pay down an amount of approximately $3.3 million from net proceeds of the second sale. The Directors are in discussions regarding the amendment of the terms of the Argo Loan, including the potential extension of the repayment period to enable the balance of the loan to be repaid from revenues from Kiliwani North expected to start being received in the second half of 2015. The Directors are also in discussions with third parties to seek a re-financing of the Argo Loan. The Directors are also reviewing other measures available to the Group, including the sale of assets, deferral of planned expenditure and alternative methods of raising capital to enable it to repay the Argo Loan." | blackgold00 | |
14/4/2015 08:05 | ngms......that part suggests another fundraising is in the offing? They will only get the additional money from SOLO if and when a GSA is signed....and then only if and when SOLO decide to go ahead and exercise their option.....interesti | thecynical1 | |
14/4/2015 08:02 | ok. Thanks. | thecynical1 | |
14/4/2015 08:00 | I'd be more concerned about the Going Concern section | ngms27 | |
14/4/2015 07:57 | "A Gas Sales Agreement has been negotiated and is passing through government approval stages. The agreement is part of a larger commercial transaction with neighbouring producers who will use the same facilities. The Company is aware of shareholder frustration surrounding the delays in finalising the agreement and appreciates the patience shown" | blackgold00 | |
14/4/2015 07:56 | thecynical1 - following link, scroll down to chief executive's review, 2nd paragraph under the heading "Tanzania": | impvesta | |
14/4/2015 07:54 | where does it mention that? on the UKREG announcement, I didn't see anything like that? | thecynical1 | |
14/4/2015 07:52 | GSA- So its now passing through govrerment approval stages? WTF. wasnt it awaiting final signatures. Aex do not know where its at imo Darwin death spiral deal due? | pj 1 | |
14/4/2015 07:48 | Teetering on the cusp of a transformation | lfdkmp | |
14/4/2015 07:46 | well spotted Impvesta | blackgold00 | |
14/4/2015 07:36 | the cynical1 (post 52119) - yes you are missing something: "A Gas Sales Agreement has been negotiated and is passing through government approval stages. The agreement is part of a larger commercial transaction with neighbouring producers who will use the same facilities. The Company is aware of shareholder frustration surrounding the delays in finalising the agreement and appreciates the patience shown." | impvesta |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions