Aminex Share Discussion Threads

[skinwalker] 21/6/2016 23:23

Its not wrong Joe. As David Milliband has so poignantly said, to even consider brexit is "to flirt with economic suicide"

[joestalin] 21/6/2016 19:43

Both Beckham and Blair support Remain. How much evidence do you need that this is the wrong thing to do?

[bunbooster2] 21/6/2016 13:22

Can I please remind everyone about the rules around inflaming debates on this forum.

[blackgold00] 20/6/2016 15:00

i love google

"The first woman to be elected to the Commons was Constance Markievicz, in the general election of 1918. However as a member of Sinn Fein, she did not take her seat. The first women to take her seat was Nancy Astor (Viscountess Astor), after a by-election in December 1919."

[fireplace22] 20/6/2016 12:02

it's actually Hear Him, Hear Him. but over the years its become Hear Hear!
Such is the denigration of our language.

[jacks13] 20/6/2016 11:58

Hear, hear. Well said that man!
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Or is it here, here....oh dear :-(

[bunbooster2] 20/6/2016 10:34

Can I please remind everyone about the importance of correct grammar on this forum.

We've already seen the confusion around credits and debits. Let's not have another incident.

Many investors trust this forum as a source of valuable information and I, as a trusted leader/elder statesman of the community, would hate to see us discredited.

[tmmalik] 20/6/2016 08:33

First payment coming end of this week.

[ngms27] 20/6/2016 07:44

The Ritson comment is going to be a Fertiliser plant, which incidentally is why Bowleven wanted in with there partner Ferrostal.

i.e. Prove the Gas and a Fertiliser plant would be built next door.

[warbaby43] 20/6/2016 07:29

Nowt to get excited about - Bagamoyo is on the coast up north of Dar and this is a v small specialist refinery:

hxxp://www.dailynews.co.tz/index.php/business/50819-oil-refinery-at-bagamoyo-set-to-employ-200-tanzanians

[edgar222] 19/6/2016 01:50

Except, Blackgold, we now have confirmed hints from the Board and from Solo that they are looking at sales direct to customers not involving the pipeline and TPDC. Hence the Ritson "creating the market" comments recently.

[ngms27] 17/6/2016 08:13

It's the cheapest way to obtain cash flow from a resource but longer term greater cashflow is required for full development than would be the case and resource that can be extracted is also reduced.

i.e. it's the way to go is you are skint, but not the ideal way to go over the full lifetime of the resource

[edgar222] 16/6/2016 19:05

"What is an early production system?"


It is a late production system designed by accountants.

[qackers] 16/6/2016 17:46

blackgold filtered for off topic posts (lol)

[kevjones2] 16/6/2016 15:22

Post deleted as it wasn't funny.

[bunbooster2] 16/6/2016 13:45

What is an early production system?

[blackgold00] 16/6/2016 13:04

an Early Production System and licence extensions etc. will calm those waters, reducing the risk and highlighting the rewards, should make funding more attainable.

[ngms27] 16/6/2016 12:57

Unfortunately the stepping stone to get to drill N2 is in the middle of the grand rapids, hence the problem.

[blackgold00] 16/6/2016 11:28

The way i see it, IF Aminex gets the changes or extensions for its Ruvuma licences, and IF they along with the TPDC can come to some sort of an agreement or understanding for a (Early Production System), that is for the Ntorya-1 and the Ntorya-2 well.

Then initially, they only really need to finance just one well, the N-2 well and then IF successful, and with that early production system on the horizon along with the promise of the future increase to revenue and the asset base, then, i would had thought Aminex would be in a much stronger position to then raise the funds needed to drill Ntorya-3 which would have become by then a very exiting 1 TCF prospect. Still some IF's but i don't think they are big if's.

Its a bit like stepping stones, if they can get to drill N-2 then that could put them in a very different place than where they are today.