Aminex Share Discussion Threads

[ngms27] 28/2/2017 08:02

I think Mulder told them about the MM's and the tooth fairy told them that there would be demand for Ntorya Gas before 2020

[skinwalker] 28/2/2017 07:58

where on earth do you guys get your weird ideas about MMs and IIs? Have you all read a bonkers conspiracy theory book?

[foolsandcows] 28/2/2017 07:19

My target of non isa was 7.6p and did not expect this before flow rates and scale etc.. I did not sell on the spike! I should have thought the mm will try to trade sideways if possible to allow ii to load up on pre results? Not too spikey please as it makes decisions very hard!!

[haggismchaggis] 28/2/2017 07:14

Wentworth results are out.http://www.investegate.co.uk/wentworth-resources-ltd--wrl-/gnw/wentworth-resources-limited---update-and-q4-201---/20170228070034H2587/

[edgar222] 28/2/2017 07:06

U are right again, Peter.Determined not to sell too early.Future is incredible with AEX.

[ngms27] 28/2/2017 07:03

Normal rule of thumb would be around 7 days per zone to establish stabilised flow rates.Given the previous advice around two distinct sand channels this also fits the timeline.

[greyingsurfer] 27/2/2017 23:04

Not all time high 888ICB, 180m traded in one day in 2014, and over 100m on adjacent days then. And there a lot more shares in issue now too! But certainly some big volumes over the past couple of weeks, and a fair number of 1m trades today, more than I've noticed recently, which could well indicate an institution buying in.Peter

[greyingsurfer] 27/2/2017 23:00

Been here so many years these last few hours are killing me, lol :)Hey, we're just getting started Edgar, you'll have to learn to be more patient :-) There are several more targets in Ruvuma to drill, development plans to make, and the Nyuni too. Years to go, and that's before the acquisitions they've talked about! Or they might just get taken out this year, though I doubt it.Peter

[traderinthemaking] 27/2/2017 23:00

Just caught up with today's activity as i'm still UTC+9.Disappointed I could not average up.Starting to have a good feeling...TITM

[888icb] 27/2/2017 22:57

By the end of the day 89.5 million shares had been traded which I think is an all time high volume. Despite the dip post RNS the share price ended 4% UP on the day which I think tells us that the big boys are happy with today's announcement and the share price is heading north from 7p.

[greyingsurfer] 27/2/2017 22:57

I'm expecting 2 testing intervals. On the grounds that the N-1 results implied the existence of 2 separate reservoir intervals.But of course, things could be either simpler or more complex!Peter

[edgar222] 27/2/2017 22:36

Peter

You are probably right (about reliance on leaks).

And we don't need them as the info we are getting from the Company all points one way (commercial, flowing gas discovery of a size bigger than targeted)(maybe a lot bigger if the wells link up)

Been here so many years these last few hours are killing me, lol :)

[thegreatgeraldo] 27/2/2017 22:32

If there are two (or more) sands, they'd learn more by testing seperately

[foolsandcows] 27/2/2017 22:13

So it appears there are two sands that maybe perforated in the net section and I assume at commercial rates above NT-1. Do you think they would perf and test seperatly one after the other. Next few weeks should be interesting.

[foolsandcows] 27/2/2017 21:51

Oh ok. So it's 2420 from sea level and 2596 from pad?

Thanks.

[ngms27] 27/2/2017 21:35

He's saying he doesn't get the difference between depth and tvdss...

[greyingsurfer] 27/2/2017 21:34

2420 TDVss and 2596 drilling depth are pretty much the same, Ntorya is at 166m

[tidy 2] 27/2/2017 20:45

What are you saying

[foolsandcows] 27/2/2017 20:32

Aminex were targeting the gas sand top at 2420m c.50m deep...

The RNS stated..."At 2596 metres drilling depth the well encountered a gross gas bearing reservoir unit of approximately 51 metres."

Clearly the numbers do not correlate. It works out 227m gross from the base of the NT-2 reservoir announced to the top of the anticipated gas sand.

[kryptonsnake] 27/2/2017 20:31

Those who topped up sub 6p today got a bloody bargain!

[kryptonsnake] 27/2/2017 20:29

I'm just worried if the Unicorn doesn't get a mention in the next RNS, it will spark a big sell off :)

[tidy 2] 27/2/2017 20:00

Multi Billion dollar company in the making. A billion will do H1 Qualifies as a unicorn doesn't it ;)

[kryptonsnake] 27/2/2017 19:52

There was a rumour that they'd found a Unicorn down the well. Unicorns live on a diet of heavy mud, so it does backup the claims!

[greyingsurfer] 27/2/2017 18:58

If we can rely on these leaks then the picture is pretty consistent pressure wise.

You can't Edgar. Possibly they are right, though I doubt it. Either way you just don't know so you are wasting your time paying attention to them. Trying to make decisions based in info that you have no idea if it's true or not is a recipe for disaster.