Aminex Share Discussion Threads

[tidy 2] 09/3/2017 04:15

They could of given more background info like other flow outcomes from other chokes or explained which ones were used and the effects. The info was incomplete and due mid march so expect more by then. Contact says it's huge and he's holding/they're holding.

[thegreatgeraldo] 08/3/2017 22:41

tidy 2
8 Mar '17 - 22:33 - 62024 of 62025 0 0

Orchestrated bland RNS today

..orchestrated by whom? We need to know! ;-#))

[pj 1] 08/3/2017 22:39

Haggis- I take it by the number of posts you make, your foul language and the number of Posters filtered today that you are in here just a little too deep?

4.5p ish and I'll be back in depending on general Market conditions.

Remember well AEX's history of achieving failure out of success.

[tidy 2] 08/3/2017 22:33

Yes on your page, bear trap and use those shares to load bigger orders with the extra liquidity. I'm a buyer. Orchestrated bland RNS today with partial info and it's also early. More thorough news with meat on the bone from analysis still to come and mid march is actually next week when they news was supposed to be coming. The market never gets news early strangely enough.

[c31161] 08/3/2017 22:31

@DavidLenigas share price has dropped!! Just don't understand it ....@EMANONF1 @DavidLenigas I m glad I m not the only one scratching my head over share price dropDL tweetMarket makers covering their shorts IMHO

[haggismchaggis] 08/3/2017 22:23

tidy 2, the MM's took it down quickly from the off as soon as a few sells came in. That's the way they work, if it looks like there's sellers/shorters they'll drop it quick so the sellers/shorters get lower prices, and once the selling subsides the MM's will mark the price up, so the sellers/shorters will have to pay more to buy the stock back, giving the MM's a nice margin on the trading and trapping some shorters.Sellers/shorters that got screwed will be the one's attacking the stock on BB's in the vain hope they can force the price down. Meanwhile the MM's will be looking to their big II clients to take up some big chunks and once the overhang is cleared the MM's will walk it back up again.Seen it happen so many times.

[tidy 2] 08/3/2017 21:48

More like it fell through not seeing the bigger picture and actually reading the whole RNS.

[thegreatgeraldo] 08/3/2017 21:32

Dan_the_Epic
8 Mar '17 - 18:55 - 62009 of 62019 3 0
There is a reason why the price fell today and will continue to fall.... It's because those who are smart can do a bit of reading, and unlike the LSE lame rampers, they can recognise that you can't just undo a reservoir invasion.

..course you can, sidetrack from the last casing point.... around 700m.

[nsk1] 08/3/2017 20:54

The news was actually good, it has been oversold. I suspect it was a 'tree shake' we should return to normal share price levels by Friday. That's my opinion

[kevjones2] 08/3/2017 20:43

Hi Dan. As you know I was very cynical about AEX until I changed my mind after the ARA investment. Question for you: do you not think AEX was oversold today? I think it was and would expect something of an upturn tomorrow. Same with Solo.

[qackers] 08/3/2017 19:48

Not sure if this has been posted. So many posts today

hxxp://www.proactiveinvestors.co.uk/columns/sp-angel/27247/today-s-oil-and-gas-update-aminex-northern-petroleum-providence-and-sound-energy-27247.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-363172-Proactivity+-+08%2F03%2F2017

In Brief
• Aminex (LON:AEX– 6p) – Solid Bedrock: Today's update is a solid statement about Ntorya wider potential, and given the design on the gas plant, the only issue to our mind is if the market can take the volumes and how soon do they either upgrade or twin the facility. Make no issue, the strength of the news (well pressure and subsequent control asserted), whatever the outcome of the drilling result the increase in value will be significant. What the Company can legitimately do now is undertake a wider fundraising, but specifically not the selective fundraising that it undertook last year. That way, the Company will have enough resources to select the best option for the Company, not just the ones that are open to it given the limited resources at its disposal.

[blackgold00] 08/3/2017 19:30

585 posts over at lse today, go enlighten thyself's

[haggismchaggis] 08/3/2017 19:25

Talking of drilling, here's the N1 site on Google Maps, it looks the same as the image shown in today's AEX presentation, so it's not up to date as there's no rig there.



And here is where N3 will appear when Google updates itself.




Based on:

[haggismchaggis] 08/3/2017 19:19

* Tumbleweed *

tournesol8 Mar '17 - 19:08 - 62012 of 62012 1 0 (Filtered)

[haggismchaggis] 08/3/2017 18:57

So the pad for N3 is ready, the depth for N3 is being set based on N2 and the updated basin model.


"Ntorya-2 also encountered traces of oil in the gross reservoir interval and the Company is updating its basin model to determine the optimal drilling depths for Ntorya-3 and for future development wells."

[haggismchaggis] 08/3/2017 18:21

The well pad for N3 is already in place.18 October 2016.Aminex is pleased to announce that the civil work for the Ntorya-2 wellsite is now complete and the process of mobilising the Caroil 2 drilling rig and related equipment has begun from the Ntorya-1 well pad.5 December 2016.Additionally, the Company has now completed all necessary civil works for the subsequent Ntorya-3 wellsite.

[haggismchaggis] 08/3/2017 18:09

It's just the hassle of getting copies that I'm avoiding. Also, deeds are more tricky.

[blackgold00] 08/3/2017 17:55

i'v got all mine stuffed in my gun caninet, not firer proof, but i know you can get copies

[haggismchaggis] 08/3/2017 17:47

gerryjames, yes I have a wall safe, a decent fireproof one, it holds all my share certs, deeds, etc. Why pay a bank for safe custody, when all they'll do is put the stuff somewhere that's not very fire proof and charge for it?

[maverick247] 08/3/2017 16:56

Obmuj ive lost count of number of times aim stocks have dropped on positive news but its mainly bcos people buy prior to the expected positive news.Then on news day dropThats the time to rebuyShares then normally start edging up again especially when with the likes of aex more news to follow

[kryptonsnake] 08/3/2017 16:54

Oh well tomorrow's another day.

I am looking forward to results from the analysis of the well.