Aminex Share Discussion Threads

[larsson 2] 19/5/2015 16:55

Yes that's my concern hence the quick exit plan this morning. What's the betting the long awaited but now imminent GSA is announced and the last para has the hidden equity raise /placing at something ridiculously low imprisoning shareholders again for what seems an eternity.

[blackgold00] 19/5/2015 16:31

"haggismshagger" : ) the thing is nags27, there are those on the Aminex board that have quite a bit of skin in the game, so they will want to protect their investment from dilution.

[jacks13] 19/5/2015 16:11

Big buys? As of 4.10pm there has been one buy of 1.7m, one of 1.0m and three of 500k+. There has been one sell of 1.25m, one of 1.0m and three of 500k+.

Looks pretty balanced to me. What are you seeing haggis?

[thecynical1] 19/5/2015 15:57

so haggis.....you seem to think that ngms is off the mark with the fundraising.....where do you reckon they are going to get money from???

[haggismchaggis] 19/5/2015 15:54

Placings are not required, nobhead knows it, he's just pulling the old deramping tricks out of the hat, but we've all see that rabbit before and we know it's not real.

[haggismchaggis] 19/5/2015 15:52

You either don't understand trades or can't be bothered to analyse them. This rise has big buyers behind it. Next range is 3p to 4p IMO. Wake up and smell that coffee.

[blackgold00] 19/5/2015 15:36

I wonder what they have in store for us in tomorrows presentation. Ntorya-2

[foolsandcows] 19/5/2015 15:08

SP likely to go back to 2.1p before approaching 3p in the coming months.

[ngms27] 19/5/2015 15:05

Maybe running a placing as we speak into the price rise or will that be immediately after the GSA is signed?

[paulhgreen] 19/5/2015 15:00

5p and i,m out of here YAHOOOOOOOOOOOOOOOOOOOOO

[foolsandcows] 19/5/2015 14:31

Start to an interesting week..

;)

[blackgold00] 19/5/2015 14:09

"Is Moldova up for sale by the way?"

it was, but it seems to have disappeared, I think maybe that cyber monster has had that as well

[thecynical1] 19/5/2015 13:29

Think about it.....why the comment about looking for other opportunities? Why tf don't they concentrate on the projects they have????? Is Moldova up for sale by the way?

[haggismchaggis] 19/5/2015 12:57

The 'company building' targets to the quickest feasible upside should IMO be:Kiliwani production Ntorya 1 production Ntorya 2 production (assuming the drill is successful) Offshore Nyuni production (assuming all goes OK en route to that)I do not agree with expanding to other business yet, as that will cost money and distract the business away from the above targets.

[blackgold00] 19/5/2015 12:47

[...] hmm, the cyber monster took the Proactive Investors link

"Aminex (LON:AEX) – Cash Flow the Only Focus Should be the Only Now: The past aside, there is approaching a watershed for the Company which will see its valuation reassessed, and the market "worth" start to reflect the value of the underlying assets, rather than a company living hand to mouth because of its profligacy with the value of its asset base"

[warbaby43] 19/5/2015 12:23

Meanwhile, yer gotta laff - as if!

[zulu88] 19/5/2015 11:16

warbaby - I agree with you...more than one objective is no objective ... and AEX's objective should be to focus on it's world class assets in Tanzania and not venture into other geographical areas.

[warbaby43] 19/5/2015 11:11

" will seek opportunities to expand its business across Africa."

A depressingly recurrent theme in recent Management Statements, and that's the trouble with all these guys running minnows; all got monumental egos and all see their farting little oilie becoming the next Exxon.

All I, and I suspect many other PIs, want to see is a few tcfs proved up down in Ntorya/Likonde and AEX then swallowed by a larger oilie with the resources to do full justice to the Ruvuma and Nyuni PSAs.

The only corporate activity I would want to see is with an unlisted or c £5m market cap tadpole marooned with as good as worthless deep sea explo acreage but holding a goodly slug of cash. Back last year, before sniffily dismissing them as a "lifestyle company", El1te identified Global as one such holding then £9m in cash and nowt else but explo acreage going nowhere offshore Namibia. At least, though, "Global" would answer the name change question while matching the ego of our boys.

Meanwhile, am I the only one intrigued as to what Big Phil has been up to for the last couple of years. Surely not just "cutting brush" at his ranch down on the Rio Grande. Will all be revealed tomorrow or, at least, if and when the GSA finally arrives.

[duxy786] 19/5/2015 11:07

Very true. This last stage looks like its going to be spectacular....Have heald for a while...but will add if n when cash is available. Sky's the limit here

[cervelo] 19/5/2015 10:58

duxy...it's been dropped below 20p for the last 7 years...is that not long enough to wait B-)...

[bunbooster2] 19/5/2015 10:54

All very positive.

[duxy786] 19/5/2015 10:42

Interesting....worth adding now or wait for drop?

[zulu88] 19/5/2015 10:12

A promising RNS this morning.

Now, AEX needs to deliver the GSA.

If / When the GSA is announced I expect the share price to rise to about 5p within 48 hours.

GLA