Aminex Share Discussion Threads

[warbaby43] 01/10/2016 08:09

On the one hand:



And on the other:

[warbaby43] 01/10/2016 07:49

It is Shell acreage (as opposed to BG's) along with Shell "under application" blocks 9,10,11 and 12 that lie most adjacent to Zanzibar.

[warbaby43] 30/9/2016 07:30

"“We plan to set-up two plants, each generating 450 MW....all we are awaiting now are the government approval and Tanesco’s (Tanzania Electric Supply Company) proposal,” he stated.

The key pending issues so far include the plant specifications and the specific location to build the plant. The company management has already visited Dar es Salaam six times, holding talks with senior government officials, including the Prime Minister, Mr Kassim Majaliwa."

So not exactly "imminent" then.

Also:

[edgar222] 29/9/2016 18:51

Britishbulls has Aminex as a buy tonight for anyone who charts. I don't particularly but this stuff is relevant to whether the Herd is on its way.

[warbaby43] 29/9/2016 17:52

I originally posted this link at 56031 with the final few paras relating to how a combined cycle 240 MW Kinyerezi II was to be configured.

Clearly if it is to be combined cycle then it will need very little more than the 150 MW Kinyerezi I's 30 mmcfd, but if it isn't, then consumption would be much closer to the 50 mmcfd allocated to it in the el dorado figures at 55945

[ngms27] 29/9/2016 14:25

It's about as credible as the Labour parties next election manifesto!

[bunbooster2] 29/9/2016 12:55

There could also be significant demand from lorries.

[greyingsurfer] 29/9/2016 12:29

I assume ngms means 4444 vehicles for a million scuff/d

Taking your figures, bg, 1.2TCF over 30 years would be around 100mmscfd for compressed gas cars.

No doubt that is a significant potential use of gas, though definitely a smallish minority use over that period, I'd expect (power, fertiliser, other industry and export will take a great deal more over 30 years).

However, one of the key issues for AEX is monetisation of gas, and that needs near/mid term gas use. If we are talking in terms of near term local uses then getting 4444 gas fuelled cars around Mtwara in the next year or two is probably a lowish likelihood event - and that would only be 1mmscfd - we're (hopefully) looking for a lot more than that for Ruvuma gas.

Peter

[blackgold00] 29/9/2016 10:54

3.1.3.3 Compressed Natural Gas for Transport

"Available data shows that out of about 700,000 vehicles registered from 2004 to 2014, sixty percent (60%) use petrol as fuel. These vehicles are potential candidates for conversion to Compressed Natural Gas Vehicles (CNGV). It is assumed that 20% of all petrol vehicles will be converted to use natural gas. To forecast the CNGV demand, it is assumed that a typical vehicle will on average demand 7 liters of petrol per day, which is equivalent to 225 scfd of natural gas. The number of vehicles will grow at the GDP growth rate, which on average is assumed 6.1%, thus making a total demand of 0.6 TCF for 30 years. Further studies should be undertaken to determine the approximate demand and growth patterns.
Therefore, based on the above information, the forecasted demand of natural gas for households, institutions and transport is about 1.2 TCF for the period thirty years."

[blackgold00] 29/9/2016 10:43

ngms, what do you mean 4444 vehicles for a scuff LOL?

[ngms27] 29/9/2016 09:31

LOL, 4444 vehicles for a scuff!

[blackgold00] 29/9/2016 09:00

thanks to mick2020 at lse.

"Below some reports recently issued by the Tanzania ministry of Energy and Minerals:"

1) Updated Energy Sector quarterly digest (28/9/16):

2) Final draft of the natural gas utilisation plan (21/9/16):

Some observations:

"Kinyerezi II: expected to be completed by 2018. Interestingly, it is not mentioned any longer that it is a combined cycle turbine installation. Combined cycle turbines are apparently much more efficient, with an output of ca. 8 MW per MMscf/d (see the gas utilisation plan), meaning that gas consumption would be around 30 MMscf/d, when fully operational.

"Kilwa Energy Phase I: Supposed to be commissioned by end 2017. However, comparing this comment with the comment in the quarterly digest from Q4 2015, only the date has been changed (delayed with 1 year)

"Specifically for the Aminex:

"The final draft contains an interesting map with the proposed future construction plans for natural gas pipelines. It shows a transmission pipeline from Mtwara to Njombe (passing through Ntorya) indicated as phase 1. (Perhaps construction will start within the next 5 years or so?)

"Compressed Natural Gas: a typical vehicle will on average demand 225 scf of natural gas per day. (hence 4444 vehicles per 1 MMscf/d). (one of the ideas proposed to produce Ntorya gas early)

[warbaby43] 29/9/2016 08:33

Along with the CCM politicos and their Swiss bankers, we can feel good about ourselves this morning:

[888icb] 29/9/2016 08:28

A good start to the day perhaps we will see 2p again.

[skinwalker] 29/9/2016 08:24

it seems there's no following that cinques - soixantes?

[cinques] 28/9/2016 15:11

Please do not worry, Sir, as normal service will be resumed shortly. Thank you for your interest and custom. Good day.

[lfdkmp] 28/9/2016 12:45

I know there are some very knowledgeable posters on this thread; perhaps someone will be able to assist.

Just after 11 am this morning I checked the AEX share price and a very strange thing had happened. Certain numbers that I'm accustomed to seeing as green, or often red, had changed into a different colour - on careful checking I was able to confirm that they had now turned blue! Probably some technology glitch, I thought. Anyway just after midday(I'm not even sure that this is possible) but I thought that I noticed that these particular numbers were even bluer!

Before I contact ADVFN to check if there's some kind of system fault, is there anyone who might be able to offer an explanation for this unaccustomed phenomenon?

[ngms27] 28/9/2016 08:15

I reckon Swala probably ran out of brown paper bags.

[warbaby43] 28/9/2016 07:46

Perhaps worth recalling that a couple of years back Swala had a licence revoked by TPDC for non-performance

[ngms27] 27/9/2016 09:19

My mistake I was looking for the same colour as Ruvuma as I thought the colours were company specific!

Still not very clear though

[greyingsurfer] 27/9/2016 08:51

Er, no. It's shown dark green with a grey background, and the key says that is: "Nyuni Area - Ndovu resources"

[ngms27] 27/9/2016 08:18

Call me daft but doesn't the activity map show that Aminex's Nyuni acreage is under negotiation?

[warbaby43] 27/9/2016 07:35

Following the Shell/Ophir drills news, more Tanzanian gas positivity:



Here is the latest TPDC Activity Map indicating "Licence Status - June 2016"



Meanwhile, contrary to what appeared in the Daily News a few weeks back, Mr Mataragio still appears as MD on the first page of the TPDC website

[irishmouse] 26/9/2016 08:16

Carmaco.
have e mailed them this morning asking if they would install a web cam at N2 so "us long suffering share holders can keep up with progress ". I usually get a reply promptly and will keep you posted