Aminex Share Discussion Threads

[warbaby43] 06/6/2016 13:50

Might be a couple of days late to mark the actual anniversary, but a year ago this sparked a great deal of excitement plus an share price spike.



In particular this bit indicating some immediacy:

"the Board of the Company has a reasonable expectation that an initial part of such a facility would be available prior to the commencement of production and will not be conditional on signature of the GSA in Tanzania or commencement of production"

I've often wondered what became of this (assuming the "substantial financial group" really existed)- did they get the bum's rush or was the whole thing overtaken by the Bowleven proposal (the timescale would certainly indicate that possibility)

[blackgold00] 06/6/2016 13:15

yes Peter, concise but very informative.

[edgar222] 06/6/2016 13:11

Obsignal

I would appreciate some background on Phoenix? What is it? Is it well respected?

I would also very much like to see the article. If you could post it here or perhaps a photo of it on Twitter? (with a clue as to your twitter name!)

TIA

[jacks13] 06/6/2016 13:09

Four questions if you don't mind:
1. Who are you?
2. Do you represent other parties apart from yourself?
3. In what capacity will you be meeting Chairman Hall?
4. Is this to be a private meeting?

Thanks in advance, jacks13

[obsignal] 06/6/2016 12:53

Two items worth bringing to your attention:

1) Very pro-Aminex article (of some length) in Phoenix Magazine, out last Wednesday (June 1 2016). Some caveats, etc, and risks duly acknowledged but very bullish by their careful standards. Those not familiar with it might like to know that this title has been uncanny in its ability to pick out future monsters.

2)Meeting Chairman Hall, possibly accompanied by Philip Thompson, in Dublin within the month. I will be asking all the obvious questions about logistics, risk, etc, but if you people have anything specific you want to know you might drop a line to this board, sooner rather than later if you wouldn't mind.

[greyingsurfer] 06/6/2016 12:45

Wow, that really increased my understanding of what's happening with AEX in Tanzania!

Peter

[blackgold00] 06/6/2016 09:27

this is for you skin : )

[blackgold00] 06/6/2016 09:07

what is it then at 30mmcfd, about $90,000 a day gross so at 55% net = $49,500 per day, = $1,400,000 a month aprox?

[cervelo] 06/6/2016 08:59

So at 55% that should bring in $6-9 m pa

[blackgold00] 06/6/2016 08:50

so this little bit is new then,

("Based off initial pressure response from the Kiliwani North 1 well it is expected that the well will be tested closer 30mmcfd (approximately 4-5,000 barrels of oil equivalent per day gross")

[888icb] 06/6/2016 08:27

We should see 2p plus soon to start reflecting a proper valuation. At today's share price the market cap is only £26 million. In my opinion the market cap should be north of £50 million now the gas is flowing and income is being generated.

[tmmalik] 06/6/2016 07:59

I think waiting time is over and beginning of reward for shareholderThis whole month there will b gradual price movements towards 3p and as soon as payment recieved and final flow rate determine ,price will swing accordingly.We will definitely see 2p within this week.

[gerryjames] 06/6/2016 07:46

The Neil Ritson take on things... from the ground. (For Bun)

"I visited the Songo Songo gas plant last week and was very impressed with the quality of the facilities and the progress being made with commissioning. I am encouraged by the work that has been undertaken by TDPC and Aminex, and expect that we will now reach the expected offtake rate in the next few months."

[oilretire] 06/6/2016 07:32

Plus some commissioning sales from earlier.....- Aminex and its partners have invoiced TPDC for both April and May gas production in accordance with the terms of the signed Gas Sales Agreement.

[impvesta] 06/6/2016 07:24

"On 2 June the first Kiliwani North-1 ("KN-1") gas was processed and entered the pipeline system connecting the Songo Songo plant with the national pipeline."

[1775] 05/6/2016 23:32

No idea Jacks. Someone on the LSE board mentioned it and I was hoping that someone on this board might have seen it.

[jacks13] 05/6/2016 20:55

Seeing that no one else has replied I'll be the first to confess that I haven't seen it. Are you going to reveal what it says or are you just a tease?

[1775] 05/6/2016 11:58

Anyone seen the write up in the Irish Phoenix Mag? Supposedly it's very positive towards Aminex.

[warbaby43] 05/6/2016 08:21

Up yours Greenpeace!

[bunbooster2] 04/6/2016 08:09

Warning board members - don't click the link above. It is porno.

[blackgold00] 04/6/2016 07:29

Bun i can see a new Bond movie in the making, hang on, a Bond movie, a Bun movie? i think we have all the ingredient to make something really exclusive and i'm not talking Dallas.

you lot have got to listen to this

[jacks13] 03/6/2016 20:31

A Bond villain, yes that's him to a tee Bun. At this very moment, deep inside the extinct volcano he is plotting the downfall of Brian and Jay.

[bunbooster2] 03/6/2016 20:29

I predict that next week he'll be in full scuba gear. He's just finished an underwater inspection of the offshore acreage. Jay just stayed in the hotel.

[lfdkmp] 03/6/2016 20:24

I hope he'll be stirred but not shaken.