Aminex Share Discussion Threads

[slepy] 18/8/2016 19:34

As long as the drill is succesful we are on a good road. Otherwise will be back to 1p in no time. Good volume today.

[haggismchaggis] 18/8/2016 19:12

Calling those two 'peers' is using the term very very loosely, they aren't even close as far as operations profile goes.

[colin12345678] 18/8/2016 18:17

Looking ahead, it's expected to deliver significantly improved financial performance over the next two years. Following several years of losses, the company is forecast to move to profitability in the current year. In 2017, its pre-tax profit is due to rise from £0.3m to £4.3m, which has the potential to positively catalyse investor sentiment.

[skinwalker] 18/8/2016 16:56

Most welcome! Back to where we were in November 2015. Dare we hope for another good day tomorrow?

[blackgold00] 18/8/2016 16:26

2p will do for starters

[tmmalik] 18/8/2016 16:23

Rerating v soon at 4p

[haggismchaggis] 18/8/2016 16:20

ngms is suffering from premature ejectulation :-D

[blackgold00] 18/8/2016 16:13

you might be right, but any news re: the N-2 spud/drilling and the noise will get even louder

[ngms27] 18/8/2016 16:09

It is and I've offloaded some with the hope of buying a few back cheaper

[blackgold00] 18/8/2016 16:04

ngms, that noise is getting louder

[haggismchaggis] 18/8/2016 15:28

I have an earworm so I thought I should pass it on. James Brown - Get On Up!

[blackgold00] 18/8/2016 15:13

don't get up just yet skin.

[vike1] 18/8/2016 14:32

cash in hand = proof of concept.

Numbers are tiny thus far, but now it's a matter of ramping up operations, not proving whether it's possible. That's a bit easier than trying to convince the market, which thought we'd never get a dime out of TZ.

[lfdkmp] 18/8/2016 14:04

Not only has it ticked, but it's also tocked and there's a canary singing. :-)

[888icb] 18/8/2016 14:01

Anyway the share price has just had another tick up as the volume goes over 9 million.

[greyingsurfer] 18/8/2016 13:56

<9>Aminex plc (LON:AEX) Shore Capital reckons puts Aminex’s net ‘risked’ asset value at 4.8p a share or £90mln.


Those figures are prior to the recent placing - 4.8p now would be an mcap of £167m.
Of course, the funds raised will have added to the company's value, both directly and in terms of the opportunities provided by the work that they will allow, but it's a shame out of date figures are being quoted.

Peter

[aimsharesone] 18/8/2016 12:42

​Aminex plc (LON:AEX) Shore Capital reckons puts Aminex’s net ‘risked’ asset value at 4.8p a share or £90mln.

Thursday, August 18, 2016 4:35 AM

[jaffa14] 18/8/2016 10:15

there's a little more info on SOLO's thread,

Neil Ritson, Solo's Chairman commented:

"Solo is delighted that the first payment for gas from the Kiliwani North field has been made with minimal delay. Whilst the first payment is quite small, reflecting initial commissioning rates, we are pleased that an income stream has now commenced. Future payments will be larger and create an underlying cash flow from operations that will support Solo's ongoing investments. At a production rate of 25 million cubic feet per day and Solo's current interest these payments equate to approximately US$150,000 per month."

[blackgold00] 18/8/2016 09:36

you'll be fine skin, A Momentary Lapse of Reason, that's all, yes just sit down quietly for a while and things will become clear again. providing that share price doesn't keep going up.

[thecynical1] 18/8/2016 09:33

skin....you aren't showing signs of ASII, are you? : )

On a more serious note, nice to see them get some income flowing ( if you'll pardon the pun! ) but a bit more detail wouldn't have gone astray imo.

[skinwalker] 18/8/2016 09:08

thankyou mr cynical!
I knew when I posted that loss of sanity was likely.
I've since taken my tablets and sat down quietly...

[thecynical1] 18/8/2016 09:05

skin.....possibly! : )