Aminex Share Discussion Threads

[dfgo] 20/5/2015 15:35

Kiliwani North Expected Net Cashflows $10-15MM p.a.

AEX share of Kiliwani North Expected revenue.
Per Annum and Monthly.

$10million per Annum 58.5% share per Annum $5,500,000 per month $482,500
$11million Per Annum 58.5% share per Annum $6,435,000 per month $536.250
$12million Per Annum 58.5% share per Annum $7,020,000 per month $585,000
$13million Per Annum 58.5% share per Annum $7,605,000 per month $633,750
$14million Per Annum 58.5% share per Annum $8,190,000 per month $682,500
$15million Per Annum 58.5% share per Annum $8,775,000 per month $731,250

[rich2006] 20/5/2015 12:19

Cheers for the links

[paulhgreen] 20/5/2015 12:17

nothing new there then

[haggismchaggis] 20/5/2015 11:03

Bounty Oil and Gas' JV operator issues a competent person's report?Bounty Oil and Gas NL has announced that its joint venture operator, Aminex Plc, has issued a Competent Person's Report of its Tanzanian assets.The report contains a detailed technical evaluation of the Tanzanian assets held by Bounty Oil and Gas in the joint venture with Aminex and others as well as attributes Contingent Resources to the Kiliwani North gas field.The evaluation has been undertaken by the consultants of Senergy Limited.The results of the report confirms that, with regards to the Kiliwani North Development Licence, the PMean Gas is initially in Place of 44 Billion Cubic Feet of which 28 Billion Cubic Feet has been booked as Contingent Resources.The Company intends to book its first categorised reserves in Tanzania once the signing of a Gas sales Agreement and commencement of production has begun.With regards to the Nyuni Area Production Sharing Agreement, the results confirm that a total Pmean gas for all shelfal leads excluding deepwater remains 5.67 Trillion Cubic Feet as audited in 2012 by RISC Advisory.  The Company remains focused on the the deeper water potential of the licence where the identified prospects are similar to the numerous discoveries made offshore.Bounty Oil and Gas' Chief Executive Officer, Phillip Kelso, commented, "We are extremely pleased with the results of the report prepared by Aminex Plc the joint venture operator as a further step to realising the potential of the gas resources in the very prospective Nyuni Block encompassing the Kiliwani North Development Licence. Quite apart from the contingent resources at Kiliwanti North the shelfal leads show that at 5% Bounty has potential gas near the new pipeline and gas plant of 283 Billion Cubic Feet showing Bounty has the potential to become a significant non operated producer. These do not include the deeper water plays in our Block centred on the Imbe and Okuza leads. The operator is making very significant progress towards signing the Gas Sales Agreement and commencing gas production this year. We are entering into a very exciting time for Bounty."hTTp://www.africanmining.com/news.php?id=3320

[bunbooster2] 20/5/2015 10:05

Anyone else going to the AGM today?

[blackgold00] 20/5/2015 10:05

ngms27 "So why haven't AEX signed a GSA with the same clause 7 months ago?"

I think Wentworth got theirs signed just prier to the uncovering of the Tegeta escrow scandal, and the accusations being pointed at the Minister for Energy and Minerals, and others. I think then every thing went on hold until things were cleared up and a new transparent political structure was put in place and new Minister for Energy pointed, to deal with new PSA and GSA

[bunbooster2] 20/5/2015 10:04

I wonder how much the GSA will be for then? It was always going to be 20 mmfcd, will be interesting if it comes out at more.

[duxy786] 20/5/2015 08:09

david lenigas (@DavidLenigas) tweeted at 8:07 AM on Wed, May 20, 2015:Good to see that Kiwani North well in Tanzania could do up to 30 mmcfpd up from 20 mmcfpd. Great for Solo cash flow when turned on.(https://twitter.com/DavidLenigas/status/600920709813108736?s=03)

[thecynical1] 20/5/2015 08:07

what is "an executed version"?? This looks to me like it is supposed to be as clear as mud.......but hey........and how long does it take for a government in that part of the world to guarantee payment........oh silly me......I guess it depends on.....( fill in the blanks yourself! )

[ngms27] 20/5/2015 07:57

So why haven't AEX signed a GSA with the same clause 7 months ago?
Is this partly smoke and mirrors?

[liquid millionaire] 20/5/2015 07:29

AEX



From early doors yesterday....



Liquid Millionaire 19 May'15 - 08:50 - 291 of 316

AEX



Also mentioned AEX recently post a City lunch....that it has been whispered that MAJOR news is on the way from AEX

The AEX share price most certainly appears to be hinting this....

[thecynical1] 20/5/2015 07:27

what payment protection are they referring to? A guarantee that they will be paid by the government???????

[blackgold00] 20/5/2015 06:57

I suppose we wont get to see the new presentation until after 12:00 when the meeting starts.

[thecynical1] 19/5/2015 22:25

haggis is a "charmer"! "he can read the markets"......wow........ and the rest of us can hardly read....ah........silly us! : ) If you agree that haggis has a way with words ( not necessarily a very gifted way with words but nevertheless a way with words )....vote this post up! : )

[liquid millionaire] 19/5/2015 21:11

Also mentioned AEX recently post a City lunch....that it has been whispered that MAJOR news is on the way from AEX

The AEX share price most certainly appears to be hinting this....

[warbaby43] 19/5/2015 17:34

This from today's Oilbarrel piece on Northern in Italy seemed quite surprising. A piddling little deal for Shell to get involved in, I would have thought:

"Northern has agreed to farm-out an 80 per cent stake in return for a useful US$850,000 cash payment and an exploration carry worth up to US$54 million. Shell will carry Northern through a seismic shoot up to US$4 million and an exploration well up to a cap of US$50 million. Shell will also retain a pre-emptive right over Northern’s remaining interest in the Cascina Alberto permit should there be corporate or asset deals – a sign of the times."

[blackgold00] 19/5/2015 17:19

nothing wrong with that plan Larsson

[larsson 2] 19/5/2015 17:01

Hope so I just want this to spike now above 3p! Its a simple plan no graphs,candlesticks or Fibbucci equations involved just up and exit after the long awaited announcement.

[blackgold00] 19/5/2015 16:57

larsson 2, I just edited post read above