Aminex Share Discussion Threads

[talkman2] 11/8/2016 07:50

Very positive sign

[lfdkmp] 11/8/2016 07:37

Did Majedie go for the rump? Well done.

[rfeenie] 11/8/2016 07:12

£11billion worth of funds with Majedie, could this be the start of institutional investors getting onboard?www.majedie.com/

[haggismchaggis] 11/8/2016 07:07

Majedie Asset Management Limited are now holding 9.78%. Well done Majedie.

[kevjones2] 10/8/2016 20:02

Edit: Posting error.

[kevjones2] 10/8/2016 18:44

I left the LSE bb to come here to get sensible thoughts on AEX only to see tnmalik's normal bs. Is that really a ramp or does he genuinely not understand what's going on?

[tmmalik] 10/8/2016 17:36

Director bought shares ,now confidence will come nd tomorrow seems 5-10% increase.

[blackgold00] 10/8/2016 13:26

we should hear something about first payment soon, i have my doubts whether Solo will take up any more of KN, or maybe that option could be used by Solo in someway to entice a farm-in partner for Ruvuma?

[bunbooster2] 10/8/2016 12:56

blackgold - I suppose at this point, with the Aminex funding and SOLO lack of cash for drilling, it would be a bit better if they didn't take it up.

[blackgold00] 10/8/2016 08:10

i wonder if Solo will take up the next tranche of KN? due within 15 days of first US$ payment being received



"A second investment of US$708,502 for a further 1.25% interest within 15 days of first US$ payment being received for gas from Kiliwani North-1 ("KN-1"). Solo's total interest will increase to 8.425%"

[gerryjames] 10/8/2016 07:28

All change at SOLO..resignation, stepping-down and a new finance director because the old one was worn out.

[jacks13] 09/8/2016 21:43

That'll be the first job for the new technical director when he takes up his post; requisition an ample supply of jerry cans. Now where to get some stout 3m (no, correction, I'm allowed to say ten foot now that we're leaving you know where)poles?

[blackgold00] 09/8/2016 15:17

ngms, "Absolute zero cannot be achieved, although it is possible to reach temperatures close to it through the use of cryocoolers, dilution refrigerators, and nuclear adiabatic demagnetization. The use of laser cooling has produced temperatures less than a billionth of a kelvin."

as you say it would open a whole new can of worms. or probably all that lovely resource will end up disappearing down one of those wormhole thingies and get lost in some parallel universe, and that would take aex share price straight to zero, absolutely.

"scientists have long suspected that if temperatures were to plunge to near absolute zero, molecules would come to a screeching halt, ceasing their individual chaotic motion and behaving as one collective body. This more orderly molecular behavior would begin to form very strange, exotic states of matter—states that have never been observed in the physical world"

[ngms27] 09/8/2016 14:15

The there's even more of a conundrum. Methane the chief component of Natural Gas boils at -161.5C meaning transporting it as a liquid to be more volume efficient requires large scale refrigeration a'la LNG. But think of physics and the relationship between pressure and temperature. With Natural Gas reducing the pressure for domestic use (from a tanker) can result in a temperature of absolute zero which as you can imagine opens a whole new can of worms.

Effectively your nozzle would get severe frost bite.

[irishmouse] 09/8/2016 14:12

Afternoon all,interesting topic.The most practical idea would be to set up a cigarette lighter factory at the well head,fill up the lighters using low pressure,no expensive equipment needed.we fill up the lighters quarter full as they always are,that extends the well life.Then take them down the post office and post them to China for world wide distribution.If we start to produce liquids we could diversity and fill up Zippo's.There you are job done.

[bunbooster2] 09/8/2016 14:08

Gas is not wet by definition. You are thinking of oil, or condensate which is a mix of gas and oil (which Ntorya has by the way and is valuable. Also Kiliwani is producing 150 mm barrels a day of this).

However tankers can handle liquids! Just flag down any tanker you see driving by and ask them what they are transporting. You may be amazed by the responses - milk, water, oil. All very wet I can assure you?

[lfdkmp] 09/8/2016 13:52

Always rely on ngms to put a dampener on a good idea.

Next thing you know he'll be saying the whole tanker and nozzle project is totally implausible.

[ngms27] 09/8/2016 13:30

Using Wellhead pressure you would only get a few BBQ gas cylinders worth in the whole tanker, totally uneconomic.

Then they wouldn't transport the gas as it would be too wet and corrosive.

I therefore suggest you go and play with a different nozzle.

[jacks13] 09/8/2016 12:08

In the old days when we had those army surplus shops you could buy jerry cans quite cheaply. There's probably loads of those still about, tucked away in the back of the shed and such and you sometimes see them strapped to battered Land Rovers like the driver is off on safari. If we all had a good rummage around we could probably come up with ten or twenty at no cost to the Company. Tie one on each end of a pole and get the locals to deliver on foot. Cheap and effective I think.

[greyingsurfer] 09/8/2016 11:57

I think you should be Aminex's new technical director, BB, you clearly are right on top of the issues!

[edgar222] 09/8/2016 11:41

Bun

Do you really need an expensive nozzle?

Would a shovel not do?

[bunbooster2] 09/8/2016 11:27

You use the nozzle to get it into the tanker. No need for compression, expensive NGLs, etc. Use local material (easier to get, keeps costs down).

I haven't spoken to the AEX team about this directly yet - but this doesn't need to be overcomplicated.