Aminex Share Discussion Threads

[lithological heterogeneities] 25/2/2017 14:22

Latest David Lenigas tweet

24 Feb 2017


I have good a good feeling that we are only a few days away from -job done- from setting Solo on it's Tanzania big adventure-Fingers crossed

[tidy 2] 25/2/2017 13:47

Healthy pullback and cooled off the RSI which hit 100. Still in a strong uptrend.

[kryptonsnake] 25/2/2017 13:29

I agree Peter, if you look at the wider market there was lots of profit taking going on yesterday, not just specific to AEX.

[wolansm] 25/2/2017 13:02

Foreskin walker filtered

[greyingsurfer] 25/2/2017 12:59

I don't think there's any surprise in the Fri pm fall in share price

The price is up nearly 300% since the drill RNS. There's a good chance there will be a test RNS early next week, quite possibly on Monday. Given the way PI money has rushed in and very optimistic estimates been circulated there is a real possibility of some of that money being pulled out again if the test results are not excellent. Taking a profit could make a lot of sense to a lot of people, particularity those with short term horizons, rather than be in over the weekend.

With any luck the results will be good and the price will advance further, or at least hold. But until the results come out we won't know.

Peter

[vinceelliott] 25/2/2017 09:51

Perhaps the exporting of gas in the short term is more important than servicing the local requirement

hxxp://www.thecitizen.co.tz/News/What-new-public-debt-benchmarks-could-mean-for-TZ/1840340-3826098-qowre4/index.html

[greatfull dead] 25/2/2017 08:27

foolsandcows,

IMHO you are incorrect. SOLO will do another placing @ 1p +, Assuming of course the NT-2 test results as good as some I and many here are in anticipation......

Enjoy the 6 Nations RU games today and tomorrow and try to forget about your investments. I am going to the best I can to do so after I have had my breakfast in about 30 minutes...

ATB,
GD

[warbaby43] 25/2/2017 08:07

Good ol' free market Tanzania:

[foolsandcows] 25/2/2017 07:58

For AEX to raise funds now for future development of Ruvuma would seem possible and sensible but SOLO need to pay also. This stumbling block needs to be overcome fully for the joint venture to rapidly progress. My thoughts are that SOLO needs to get to free carry at the next well and 15% at the exploration wells in the future. Hopefully this can be done asap. Mabe a JV farmout once the 25 year licence is grated.. 10% from SOLO 15% from AEX leaving AEX the operator.

Momentum must be maintained on the back of this rise. A Ruvuma wide plan would be most welcome by the market. A new basin model is coming. Oil?

[bunbooster2] 25/2/2017 02:28

My guess is that they will try to maximise positive news flow with a 7am Monday RNS. I know in theory they have to release ASAP but in reality I'm sure there are plenty of ways to finesse that (but what would I know? I have never been involved in releasing an RNS). So I'd guess Monday or the one after.

It doesn't really matter though. You just have to make your decision, relax and see what happens. I'm in here for the longer term realisation of value in East Africa. We've all been clear for a long time that AEX is sitting on billions worth of gas (if the geology behaves - and that seems to have been substantially derisked). Some of that can be monetised immediately, as we are seeing from Kiliwani, some of that over the next few years as new power plants and industrial consumers come online, some of that longer term possibly via LNG, pipeline export and further industrial usage including fertiliser/ammonia. We've seen billions of dollars in infrastructure investment to support that and there are documented, publicly available plans for billions more over the next eight years.

With a big run up and 250 million market cap top slicing now sounds sensible. Especially if you are talking serious money that would make a difference to your life. I'm going to run this bad boy though. In the full knowledge that that's a bet with decreasing odds as the market cap rises.

It's the high risk, high reward part of the portfolio. I've seen one side of that for a long time and it's nice to see the other side! Very nice.

[skinwalker] 25/2/2017 01:21

The fact is that nobody knows which direction the share price will take next week. Its been a fantastic rise, could it continue? Has the bubble burst? Was it a bubble? Will there be news next week? Will it be good news? Nobody knows. Its a gamble, its that simple.

[tidy 2] 25/2/2017 00:57

Hehe next week should be fun. MMS set up a nice bear trap. ;). Perfect for un-researched goons to be snared on.

[theunluckyone] 24/2/2017 22:28

obmuj - Don't be too hard on him as after all it's his first post for 17 months !!!

[888icb] 24/2/2017 21:47

If you have invested in AEX what's AIM got to do with it. Its amazing someone who doesn't know what they are talking about opens their mouth in public. Filtered.

[mattgbcrisp] 24/2/2017 21:36

Aminex. ..shorters dream now then...good news share price down....bad news share price down ! Good old AIM...amazed anyone bothers investing

[kryptonsnake] 24/2/2017 21:29

Here come a few lost sheep trying to talk the price down lol. Expect plenty more to turn up and try the same.

[tidy 2] 24/2/2017 20:53

Errr as if you ever held Or even know this stock through research for that matter. Heard of Ruvuma by any chance?Thought not !

[mostro] 24/2/2017 20:26

No, but it behaves in exactly the same way!!

[stinkypeet] 24/2/2017 20:21

ITS NOT BLOODY AIM!!!!!

[mostro] 24/2/2017 20:19

Time to leave, no offence meant but I am bailing out 75% having made enough or more than anticipated, and leaving the rest to see where it goes.
Such plan may never make me a 10 or 20 bagger but reality, especially in AIM shares, is required.
Poor news, or anything less than amazing news will see this fall back 25 to 40%
Usual AIM performance!

[stinkypeet] 24/2/2017 20:13

Mt take on it is that 7 -8 p was a realistic target for post flow results before the hyperbolic predictions that have come as result of the last RNS; Hence, anything from here is purely and totally dependent pn that upside. If you are not an O&G expert or a faithful follower of AEX why take the risk. There is still the risk that the flow test resulst will be nore than priced in by the time te results are announced....

[highasakite] 24/2/2017 18:48

I would expect a retrace down here as the market cap is simply a massive bubble.

[tidy 2] 24/2/2017 18:37

5.5??? Misprint