Aminex Share Discussion Threads

[gerryjames] 23/8/2016 16:33

Lol...his average is about 1p


One of the regular contributors recently posts a rumour affecting the shareprice. He's got big ears, close to the ground by the look of things. Probably mid fifties.

[warbaby43] 23/8/2016 16:09

But will he keep hold of those 150m+ shares?

[slepy] 23/8/2016 15:16

Well, with 30% share it was obvious they will place their own man on the board.
Hopefully with his knowledge we will have some decent results from N2 & N3.

[cpap man] 23/8/2016 15:10

Aminex Chairman Brian Hall commented:

"We warmly welcome Ola Fjeld to the Board. His impressive technical and commercial background will be of immense value to the Company, particularly during the upcoming drilling programme in the Ruvuma Basin. The Board would like to thank Phil Thompson for his significant contribution over the last three years of the Company's evolution and we look forward to continuing to work with him in his capacity as a consultant."

[haggismchaggis] 23/8/2016 15:04

Aminex PLC ('Aminex' or the 'Company') is pleased to announce the appointment of Mr Ola Fjeld, as a Non-Executive Director with immediate effect. Mr Fjeld will be proposed for election by shareholders at the next general meeting of the Company.Mr Fjeld is currently Chief Operating Officer of Ara Petroleum LLC ('Ara Petroleum') in Oman responsible for two subsidiary E&P companies operating within Oman.  Mr Fjeld is a geophysicist with over 30 years of industry experience.  Previously he has worked for Geoteam, Petroleum Geo-Services ('PGS'), and Fugro. He founded the seismic interpretation software company VoxelVision which was sold to Schlumberger in 2003. The technologies from VoxelVision and GigaViz form the seismic interpretation parts of the world leading G&G software package Petrel.  He was also instrumental in building the consulting group ResLab Integration which had large consulting projects and field development plans for a number of clients globally. ResLab Integration was sold to Weatherford International and Mr Fjeld was made responsible for Weatherford Consulting Services in the MENA region.Ara Petroleum a division of The Zubair Corporation LLC which through Eclipse Investments LLC holds a beneficial interest of just under 30% in the Company's issued share capital, following the recent capital raise.The Board also advises that Mr Philip Thompson is standing down from the Board and from his executive role in the Company with immediate effect, due to a planned relocation of his family, although he will remain a consultant to the Company. Well planning and design for the Ntorya-2 and Ntorya-3 wells are being conducted by Norwell Engineering Ltd and operationally the Company remains on track to spud Ntorya-2 during the Q4 2016. Aminex Chairman Brian Hall commented:"We warmly welcome Ola Fjeld to the Board.  His impressive technical and commercial background will be of immense value to the Company, particularly during the upcoming drilling programme in the Ruvuma Basin.  The Board would like to thank Phil Thompson for his significant contribution over the last three years of the Company's evolution and we look forward to continuing to work with him in his capacity as a consultant."

[slepy] 23/8/2016 13:53

Bun - you beat me to it.

[slepy] 23/8/2016 13:53

Shore can't even calculate it properly. Must be couple years old valuation.

[bunbooster2] 23/8/2016 13:51

driver101 - that doesn't account for the 5,000 barrels of oil DAILY from KN-1. Very poor statement from Davy. We've discussed this previously on the thread.

[driver101] 23/8/2016 13:45

From Top traders thread.

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

[cpap man] 23/8/2016 13:20

Chart breakout at AEX

[blackgold00] 23/8/2016 13:19

yes, keep them grounded Peter

[greyingsurfer] 23/8/2016 13:02

IT was around same price in 2014 when there was no agreement sign even.

Yes, but don't forget there are twice as many shares in issue now.

Peter

[tmmalik] 23/8/2016 12:57

IT was around same price in 2014 when there was no agreement sign even.now things are much better and income stream started so I can see this will go upto 4p when production will get started (before end of this year ).

[blackgold00] 23/8/2016 12:41

you'er scaring me now.

[bunbooster2] 23/8/2016 12:39

It's no longer a camel pattern (obviously). It's nothing we've ever seen before. Unpredictable.

[blackgold00] 23/8/2016 12:33

what does the camel say?

[bunbooster2] 23/8/2016 11:57

Wonder what's behind the sharp drop?

[blackgold00] 23/8/2016 11:56

ah that's better i was getting all giddy up that high

[warbaby43] 23/8/2016 11:50

Nowt new out there, unless there is, in the offing, that RNS announcing another 3%+ holder.

[haideralifool] 23/8/2016 11:46

We spent a year between 2014 and 2015 trading around 2p, wonder if that will happen for a while now?

[888icb] 23/8/2016 11:39

Market Cap now cruising through £75 million

[bunbooster2] 23/8/2016 11:36

mug3 - there was some weakness last week which caused some jitters amongst more than a few on here. Key point to note is that as the share price rises so does the VALUE of the shares. So we'll see more and more value investors placing money in this.

[bunbooster2] 23/8/2016 11:33

It's a standard camel formation. Investing 101. Most things can be predicted by charts (with enough data).

[last throw] 23/8/2016 11:31

Bun

I think I see a cameltoe developing or is that wishful thinking?

LT

[mug3] 23/8/2016 11:30

I've liked AEX for a while now. The momentum seems to be back. Lots of money in the bank, revenue now from Tanz and a major new shareholder plus new gas wells on big TCF being drilled. What's not to like now.