Aminex Share Discussion Threads

[blackgold00] 01/2/2016 08:28

never a dull moment here skin

[skinwalker] 01/2/2016 08:24

the soap opera continues...

[888icb] 01/2/2016 08:24

I suspect you have never been involved in due diligence or how deals are done. You cannot assume Blvn found something awful. Not all their shareholders were in favour of the deal and they may just have needed a minor point to allow them to withdraw.

[blackgold00] 01/2/2016 08:23

plus a big unfundable share of Ruvuma.? its not that big Bun

"75% (operator) interest in the Ruvuma PSA, where it is making progress towards the recompletion of the Ntorya 1 discovery well, and the drilling of the Ntorya 2 appraisal well. This programme has been designed with the support of TPDC to fast-track the field development and potentially build an early production" system for local power demand"

[duxy786] 01/2/2016 08:23

Naah boon, most probably bullying tactics by Bowl. Never a good place to be when you have little cash, which is where Aminex is/was when at th negotiation table.Am sure they can raise to go forward and solo will come on board very soon. All very positive and added at 1.29.

[thecynical1] 01/2/2016 08:22

Bun...remind me again how much Management pay themselves? and compare that with the projected income you are talking about? : )

[bunbooster2] 01/2/2016 08:21

duxy - where did you get 200k?

[thecynical1] 01/2/2016 08:21

kwizza....if Bowleven have walked away, why would SOLO take up their Option? I guess that Bowleven are in a better position to assess the Situation than SOLO?

[bunbooster2] 01/2/2016 08:21

kwizza - oh well that's great then. More than makes up for it. They'll also save on petrol because they won't have to visit the bank anymore due to the bonus of having no money.

[duxy786] 01/2/2016 08:20

Grabbed another 200k, thank you sellers

[bunbooster2] 01/2/2016 08:19

thecynical - well there is 1 million usd net income for 6-7 years versus market cap of 30 million gbp plus a big unfundable share of Ruvuma.

[kwizza] 01/2/2016 08:18

They now have their original percentages back and the probability
of more solo monies in the near future

[thecynical1] 01/2/2016 08:14

Bun - it is only a buying opportunity if you believe there is anything left that is going to rescue them. Why did Bowleven walk away? That has to be the main question this morning imo.

[thecynical1] 01/2/2016 08:13

a bidding war........funniest post ever!!!!!!!! ; ) a bidding war for a piddler like AEX.....that is just too funny...jmo!

[bunbooster2] 01/2/2016 08:12

Ophir obviously aren't going to be watching this. They relinquished the neighbouring offshore blocks and the onshore stuff is small potatoes.

The only positive here is that the market will oversell and it will be a buying opportunity on the back of the GSA income. Other than that it is terrible.

[thecynical1] 01/2/2016 08:11

duxy.....you must be suffering from the most extreme form of AEX Syndrom EVER!!!!!!!!!!! ; )

It must all be a conspiracy............has to be........... : )

Makes you wonder.....if they decided to walk away.....what did they see that they didn´t like?

[bigsi2] 01/2/2016 08:07

Hmmmmm-Given past history of AEX & SOLOwho to believe

[haideralifool] 01/2/2016 08:06

The BLVN RNS can give the impression that they did not like what they saw in the DD.

The AEX RNS gives the impression that they could not come to an agreement regarding the 'forward work programme' that was acceptable to all parties.

[bunbooster2] 01/2/2016 08:05

The utterly depressing thing is we didn't even expect a farm out announcement. We were waiting on the GSA. Now we have the GSA but we're going to be trading sub-1p because of this false dawn.

[blackgold00] 01/2/2016 08:03

how imminently bluebell.

"The Company has been advised by the Tanzanian Petroleum Development Corporation ("TPDC") to prepare the Kiliwani North 1 well for production starting mid-February. Initial production rates will be managed to allow for testing and commissioning of the recently completed gas processing plant and pipeline"

[sleveen] 01/2/2016 08:03

Negative is how the market has interpreted the RNS... and the market's right.

[bunbooster2] 01/2/2016 08:01

"The wording of the RNS is not negative."

I politely disagree.

[bluebell1] 01/2/2016 07:59

This one is in trouble now. Cash needed imminently.