Aminex Share Discussion Threads

[warbaby43] 04/11/2015 07:41

But for now at least, the Wentworth RNS provides an explanation as to why Kiliwani gas is neither wanted nor needed by TPDC. Bets on sometime in 2016 are looking better than ever this morning.

[cervelo] 04/11/2015 07:30

Only if Wentworth can't supply all gas needed, which in time, surely they can not.

[cervelo] 04/11/2015 07:07

Wentworth RNS this am. GSA looking positive for them.

[blackgold00] 04/11/2015 06:02

yes, but he's never said which year

[bo42] 03/11/2015 19:21

Aminex CEO, Jay Bhatterchajee says he is confident the gas sales agreement with Tanzania will be signed by the end of the month




Aminexdeadlinemissed

[joestalin] 03/11/2015 18:51

I think that applied to most small oilcos, nerd.

[nerdofsteel] 03/11/2015 15:55

Why do the Directors of this Company earn so much when the Company LOSES MONEY, has failed to meet ALL its targets and they have so far failed to deliver the GSA and have missed their taregt to deliver revenue in 2015?

These people are overpaid and should be voted off the Board at the next AGM IMO

All they've done is deliver........well, deliver NOTHING and destroyed Shareholder value.

[blackgold00] 03/11/2015 15:27

you're putting a lot of effort in here, it's looking like you've become desperate Dan

[ngms27] 03/11/2015 14:23

I'm afraid what Dan says is true, it's jobs for the boys raping shareholder equity. The only winners at the AIM Casino.

[dan_the_epic] 03/11/2015 13:42

LOL. So lets look at those delicious 'troughtacular' compensation packages for last year

Mr Invisible man Brian Hall raked in $432k
Mr GSA is imminent Jay Bhattacherjee collected a healthy $247k
Mr what the hell has he even done Philip Thompson pocketed $229k
Mr I like 15% debt from 'friends' Max Williams coined $194k.

Jobs for the boys. Aminex likes giving jobs for the boys. Remember when PITPOT was super excited about Aminex getting a new better management team.

Looks like they are sailing happily into the sunset on a bed of money.

[tradingmyplan] 03/11/2015 13:41

You'll get a new book with it at the moment - you seem a well read chap.

[tradingmyplan] 03/11/2015 13:41

Don't worry about the time value of your £5 short anymore. Close it and by a happy meal.

[dan_the_epic] 03/11/2015 13:27

At this rate I'll be in my cold hard grave before this stock actually does anything.

Forget the story for the moment. I'm thinking about the time value of money and all the missed shorting opportunities from having cash tied up here over the past year for it to do nothing. Worse than the bank interest rate at 0.5%.

This management team really are useless. Raking it in with ridiculous salaries when Aminex is struggling for breath and achieving nothing.

Easy life, eh. WTF is old boy Thompson even doing?!! Haven't seen his name mentioned for donkeys years yet gets a crazy salary. I suggest you all look into his San Leon past. Gave it a foundation to fail.Have to feel for the bulls here as they sure have been fed the tripe.

[blackgold00] 03/11/2015 11:32

here we are, better late than never



Principle terms of the transaction:
-- Sale of Aminex USA to Northcote and Springer for a total consideration of US$5,000,000;

-- US$5,000,000 payment comprises: US$150,000 of cash, US$350,000 worth of Northcote ordinary shares at a price to be set once shareholder approval is received (which will be considered as an asset available for sale) and a production payment of US$10 per barrel until a total of US$4,500,000 has been recovered with first payments to commence from 1 January 2015;

[blackgold00] 03/11/2015 11:27

how much was it $10 a barrel to Aminex? we should start seeing some payments soon then. as they say every little help


Northcote Energy Ltd Shoats Creek Update Date : 28/10/2015



Northcote is also pleased to announce that it has received permission from the
Louisiana Department of Natural Resources to commence oil sales from the
Lutcher Moore #20 well at Shoats Creek Field and with this permit in hand the
Company has now commenced making sales.

Northcote Managing Director Randall J. Connally said, "We are pleased to have
permission to sell oil from the LM#20 and also to have Red Rock Resources as a
partner in the development of the next several Frio wells at the Shoats Creek
Field. The high impact low cost potential of the Frio formation at Shoats
Creek was clearly demonstrated by the expectation - beating 340 boepd (gross)
test results reported for our recently drilled and 93% working interest Lutcher
Moore #20 well. Having a solid partner led by a capable management team will
facilitate continuation of the development programme at Shoats Creek to the
mutual benefit of our shareholders."

[gerryjames] 03/11/2015 08:42

A fellow holder, judging her expression.

[warbaby43] 03/11/2015 08:39

With Nyrere spinning in his grave, socialist Tanzania embraces the power of capitalism (well, a little bit anyway)

[lfdkmp] 02/11/2015 14:41

Reflecting again on the "mid year" projection by Jay B.

My simple mathematics and calendar tell me that a fortnight today we will have passed the halfway mark of the final quarter.......which gets me into the final eighth of the year.....

Wonder if they sign GSAs on New Year's Eve?

[haggismchaggis] 02/11/2015 07:47

I have a gut feeling that I will feel it in my water soon.

[bunbooster2] 02/11/2015 07:18

I can almost taste it.

[gerryjames] 02/11/2015 07:15

Not long now lads it's become November.