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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.225 | 1.20 | 1.25 | 1.225 | 1.225 | 1.23 | 1,722,648 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 64k | -4.06M | -0.0010 | -12.20 | 51.38M |
Date | Subject | Author | Discuss |
---|---|---|---|
03/2/2016 11:32 | well that's giving the benefit of the doubt. (I suppose there are other vowels that would fit, but I'm not really sure what wunking is) | lfdkmp | |
03/2/2016 11:27 | ah, i wondered what that was he's doing, so he's winking. | blackgold00 | |
03/2/2016 11:19 | good question thecynical, i suppose if we knew the genuine reasons behind the comings and goings of the Boleven deal then we might well be better placed to ascertain Aminex's position and plans now for financing. on the back foot or the front foot? | blackgold00 | |
03/2/2016 11:19 | Could I ask that posters on this board refrain from sending lots of love to, and winking at, each other. I have noticed a deterioration in standards recently. | lfdkmp | |
03/2/2016 10:31 | plan? you think Aminex has a plan !? | skinwalker | |
03/2/2016 10:10 | What is their plan for financing now that Bowleven deal has fallen through? | thecynical1 | |
03/2/2016 09:06 | I haven't posted on the fool for ages so it's not me. I gave up when TMFBoeing took offence at every since post I ever made and to think I used to work with the Guy! | ngms27 | |
03/2/2016 07:42 | He is haider | nigelpm | |
03/2/2016 07:32 | An indication of the scale of the electrification problem: | warbaby43 | |
02/2/2016 12:33 | Jonny are you also oilexec on TMF? I only ask because he seems to have the same line of analysis as you do and he claims to have sold out. | haideralifool | |
02/2/2016 11:38 | Nope, the requirement as amended is for 4 wells by December 31st 2016. That is De-Facto. I make that something like $40m gross ($10m per well including testing etc) | ngms27 | |
02/2/2016 11:38 | Of course the 15% is 15% of the licence, not of AEX's interest - the RNS is clear on that. It's much less clear that the security applies solely to AEX, since Solo is also the other significant holder in Ruvuma. Whatever the detail of the figures we are all agreed that failure to drill some or all of the 4 wells this year has a material cost to AEX. Peter | greyingsurfer | |
02/2/2016 11:23 | "So there are various interpretations on this. One and perhaps the best fit is:" this "The second extension period commenced in December 2013 and will end in December 2016. Under the terms of the PSA, the work programme for the second extension period requires the partners to carry out additional geological and geophysical studies as deemed necessary and for two exploration wells to be drilled (one in each concession area). The minimum expenditure required is US$4.5 million in each concession area. As the partners plan an extensive 2D seismic survey over both concession areas, including seismic over the potential appraisal area incorporating the Ntorya and Ntorya up-dip prospects, the Tanzanian authorities have agreed that Aminex and its partners may amend the work programme so that the two wells required under the first extension period are transferred to the second extension period". So it would seem reasonable, that as the work program is for "US$4.5 million in each concession area" = $9 million total, the security held by TPDC would equate to that value, and going by resent sales of KN Solo's 6.5% for 3.5 million, would put 15% of KN in the ballpark as security for that work program. | blackgold00 | |
02/2/2016 11:09 | So they state this: In return Aminex has agreed to provide security over the Kiliwani North Development Licence to guarantee the amended well drilling obligations for the second extension period. For each well drilled on the Ruvuma PSA, ( TPDC’s security interest over the Kiliwani North Development Licence will be reduced by 3 per cent. for the first well and 4 per cent. thereafter.) So there are various interpretations on this. One and perhaps the best fit is: Given AEX have 58.5% currently 3% of the license would be 5.12% and 4% would be 6.84%. Therefore one take is that AEX have given security over 25.64% of there current ownership. This makes more sense that being a percentage of AEX's share as it takes into account disposals such as to SOLO. This doesn't take anything from the other parties, just sets a material penalty for failure and stops AEX disposing of the asset to 'get away with it' | ngms27 | |
02/2/2016 11:00 | Well Peter you have got it wrong, even though it's not rocket science... | ngms27 | |
02/2/2016 10:58 | ngms, Aminex could not had offered TPDC, say Bountys or any others share of KN licence up as a security, they could only have offered a % of their share of KN. | blackgold00 | |
02/2/2016 10:51 | Plus it doesn't state what the starting security interest is, just states will be reduced. True, but since it says how it will be reduced (3% first well, then 4% for next three) and that after 4 wells the interest will be zero, it's not rocket science to work out the starting interest. Peter | greyingsurfer | |
02/2/2016 10:46 | The Elephant in the room is still here. What is the funding situation now. | hayfield | |
02/2/2016 10:35 | Note that's over the license NOT AEX's share. Plus it doesn't state what the starting security interest is, just states will be reduced. | ngms27 | |
02/2/2016 09:13 | Your morning smile (or groan): A story from 2011 stating that Kiliwani North was on track for commercialization and drilling of a second well in Ruvuma will start soon. A period of exciting activity in Tanzania! www.proactiveinvesto | vike1 | |
02/2/2016 09:03 | duxy - yes, absolutely cracking wasn't it. Hopefully the GSA will be cancelled and that will be more good news. We'll have a big party and dance around and have cake. What fantastic news we are hearing! | bunbooster2 | |
02/2/2016 08:38 | Shoats creek production starting for NCT and RRRPayment for Aminex in the way? | edgar222 | |
02/2/2016 08:26 | Great move yesterday. Onward and upwards. Averaging 1.3p so still very very happy. | duxy786_2 |
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