Aminex Share Discussion Threads

[haggismchaggis] 15/2/2017 08:35

Buys are at 4.88p. The spread is making them look like sells. A typical MM game to make it look like lots of sells to entice more weak sellers to sell.

[edgar222] 15/2/2017 08:25

Am relieved to see a peak and a bit of a retrace. Cant go up straight forever. Consolidate for next news. Off to the sunny slopes now. GLA.

[chesty1] 15/2/2017 08:22

We all knew it peaked.

[foolsandcows] 14/2/2017 21:51

Nyuni news would be welcome.

[haggismchaggis] 14/2/2017 21:32

Not yet. After N3 maybe, as N3 is paid for and planned to be drilled soon, so there's no need to get hasty with any sacrificing yet. N1 + N2 + N3 + TPDC paying for a spur to the gas processing plant = a lot better deal for any farm out that AEX might be considering. If N1 + N2 + N3 gas production is big, then no farm out required, financiers will be knocking on our door to fund the big picture.

[foolsandcows] 14/2/2017 21:30

Would suit SOLO, no? Time will tell! Catch a few out though ;)

[foolsandcows] 14/2/2017 21:25

People know I am sure also. But the importance of this is to soon to be discovered? A percentage of 75% to be sacrificed for the big picture?

[haggismchaggis] 14/2/2017 21:24

Going back to my RNS theory, there were no less than six RNS following the N1 gas discovery RNS, these included deepening the well. In between these RNS shareholders got updates in the final results RNS and at the AGM, so eight updates in all.RNS 6 of the 6 N1 specific RNS following the 'gas discovery' RNS, announced the results of the flow testing and pressure, it did not cover wireline logging or LWD results. RNS 1 (the one immediately after the 'gas discovery' RNS gave details on 'electric logs' and porosity (which has not been announced for N2 yet!). RNS 1 came 12 days after the 'gas discovery' RNS. Based on that we could possibly see an RNS for 'electric logs' at the end of this week (Thu/Fri) or the beginning of next week (Mon/Tue).

[haggismchaggis] 14/2/2017 21:06

I think nearly everyone knows that, or at least they should if they are investors instead of day traders or chartists.

[foolsandcows] 14/2/2017 20:49

AEX has 75% of NT-1 & NT-2 I think this may have been overlooked....?

[haggismchaggis] 14/2/2017 19:47

My thoughts are that "ongoing petrophysical analysis by late February" means the ongoing petrophysical analysis which takes place during part 2, as part of the "comprehensive well testing programme", not the "Detailed petrophysical analysis" in part 1 "on both the LWD and wireline logs" which they either have in their possession or will have in their possession sooner than part 2 is completed.The key term is "ongoing", indicating that preliminary analysis completed in part 1 could be announced, followed by 'ongoing' analysis during part 2.Not long either way, but an RNS covering LWD and wireline logs prior to the 'comprehensive well testing' would catch many investors out.

[lithological heterogeneities] 14/2/2017 17:53

I was hoping for 2 separate RNS's like yourself to keep the interest high but it does say:

"the Company expects to have results of the flow-testing and ongoing petrophysical analysis by late February."

So it looks like they may be together but,very importantly, it says "by late February" not "late February" so they could announce at any time and catch a lot of people by surprise.

Doubt it will be this week though but certainly from anytime onwards next week imho.

It would be great to get the petrophysical analysis in a separate RNS as that's how I initially read it.

Who cares anyway as we only have a max of 10 working days to wait for the thicker & higher pressure than expected flow test results :0)

[haggismchaggis] 14/2/2017 17:40

Another 7m in late reported trades.We're getting closer to two weeks from the last announcement. How about an RNS this week covering part one of the two part well analysis?1) Detailed petrophysical analysis will be conducted on both the LWD and wireline logs. 2) Preparations are currently underway for a comprehensive well testing programme and the Company expects to have results of the flow-testing and ongoing petrophysical analysis by late February. 

[haggismchaggis] 14/2/2017 17:02

40m traded, still pretty hefty going compared to the last several years daily trades, even on good days.

[warbaby43] 14/2/2017 15:51

Just a reminder folks, that exaggeration and ramping up of expectations are not exactly unknown Aminex traits, so I wouldn't let drill result hopes run away too much.

The other rather more positive point is that quite apart from the drill results what would also give the share price an extra special fillip would be the announcement of either an additional 3% shareholder or even of SL significantly jacking up their holding.

What I am hoping one of our resident archivists might do at some stage is to research just who those large but sub 3% holders are. That they exist I have no doubt given that at the 2014 Placing, after accounting for the SL and the large director purchases, there were c520m shares taken up by other large but sub 3% investors.

[buffythebuffoon] 14/2/2017 15:15

I think the spread was 5:10 - 5:15. It went through at 5:14.

Hell of a sale price with that volume...not.

Buffy

[pj 1] 14/2/2017 15:14

True. We never know if a trade has been negotiated.

[888icb] 14/2/2017 15:11

I take your point about Buys and sells. I simply took my information from the Barclays platform that I use to trade shares. However like you I have had my trades incorrectly reported. I believe the systems just look at the spread and make a judgement which is increasingly unreliable as the spread widens.

[obmuj] 14/2/2017 15:04

8881cb - Yes that is a big buy 982000 at 5.14p is a £50000 trade.
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or a sell?

Old discussion I know (yaaawn) but why does anyone bother to post whether they think a trade is a buy or sell.
I never trust any of the transactions here.
Big discussion over on LSE about it..........again!
I would love to know how people think it is actually a Buy or Sell when the reported transaction here on ADVFN cannot be relied on.
To be fair nor can they anywhere else.

PS: for the record and over 15 years or more I have only ever had about 50% of my trades reported correctly. Amuses me when I look at my transaction seconds later and it says SELL when I bought.

BTW - I genuinely would love to know why anyone thinks a BUY is actually a BUY and a SELL is actually a SELL?

[tidy 2] 14/2/2017 14:16

Today 13:59 Price: 5.13holmdene 19 postsRE: 982K trade @ 5.14i bought 2 lots tody of ca £50k last one a few mins agoOff Topic

[888icb] 14/2/2017 14:09

Yes that is a big buy 982000 at 5.14p is a £50000 trade.

[slepy] 14/2/2017 13:57

Yeah, buys now coming in again

[haggismchaggis] 14/2/2017 13:53

Up she goes again! Did you see that trade? 982k buy.

[haggismchaggis] 14/2/2017 11:46

Heading for another 50m to 60m traded in a day.

[tidy 2] 14/2/2017 11:21

Confirmation of payments then great stuff.