Aminex Share Discussion Threads

[temmujin] 29/4/2017 01:18

yes 4p target !

1000% upside !!



Sula Iron & Gold (SULA LN)#

The remaining drill holes of the Ferensola gold drilling program have now been assayed and the batch two results released. Multiple intercepts in several holes with grades up to 12gAu/t over thicknesses of 0.4m to 2m were encountered. Seven of the ten total holes completed had gold mineralization greater than 0.5gAu/t and, along with historic holes, define multiple shear zones over an indicated strike length of 350m.

SULA had previously forecast a target potential on the program of 0.8m to 1.5m ounces with a grade between 4g and 8g gold/t. We emphasize that the length-weighted average of the mineralised intercepts, including re-assayed drill holes, in this program comes to a grade of 4.48gAu/t with an average width of 1.5m and true thicknesses of 0.4m to 7.1m; within the range of average grades anticipated in SULA’s pre-drilling forecast. We also highlight that just 25% of the known mineralised area has now been tested. Furthermore, this section was chosen for the initial gold drilling programme due to the prior historic work rather than it necessarily being the most prospective. There is therefore significant potential remaining within the exploration target while grab sampling has indicated further mineralisation 2km to the South of the current exploration target.

We are encourage by the progress made toward the exploration goals established and believe there is significant further geological potential.

We re-iterate our Speculative Buy recommendation and 4p price target.

[dan_the_epic] 28/4/2017 23:58

Yes I don't disagree, but should look more at long-term cash flow potential and enterprise values rather than market cap.

[dan_the_epic] 28/4/2017 23:00

Bit simplistic el dorado but admittedly still holds up on the metrics that are relevant that I've calc'd

[el_dorado] 28/4/2017 22:58

AEX vs. peers in Tanzania, ORCA and Wentworth combined

Current Mcap:
AEX: $230m
Orca + WRL: $160m

Net. 2P reserves:
AEX: 154 Bcf (?)
ORCA + WRL: 375 Bcf

Current net. production:
AEX: 8.3 mmscf/d, declining
ORCA + WRL: 56 mmscf/d, increasing

Current net. production capacity:
AEX: 8.3 mmscf/d
ORCA + WRL: 132 mmscf/d

Revenue 2016:
AEX: $4.9m
ORCA + WRL: $76.3m

My prediction is that reality will kick in sooner or later...

[dan_the_epic] 28/4/2017 22:57

To filter those who have a different view = to be ignorant = to lose money.

To understand why the market is mispricing an asset (in your view) you have to understand the contrary view. Lesson 101.

[kryptonsnake] 28/4/2017 22:31

Temmujin is trying to make money after losing a packet on SOLO. Should have stuck with Aex.

[dan_the_epic] 28/4/2017 22:07

Haggis.

Go check how much money PT made with San Leon and come back to me. Only then will you understand

Also temmujin... loser.

[haggismchaggis] 28/4/2017 21:54

temm, another of your amazing "pigs will fly" predictions I presume! How many BB's are you pumping it on to try and lure in dopey armchair investors? I guess you'll be busy all weekend pumping it like the one man boiler room you are!

[temmujin] 28/4/2017 21:10

been told sula will 10 bag next week... SULA...ASSAY RESULTS LEAKED TODAY

[haggismchaggis] 28/4/2017 20:04

PT needs the money desperately, he's a distressed seller. Maybe it's a divorce, maybe he's run up big debts somewhere, maybe he needs the cash urgently for a new business, but he really NEEDS the money.

He's not 'clever' selling at these prices, and then continuing to sell as the price is dropping.

'Clever' would be to sell carefully INTO price rises, to feed the demand, NOT to sell into price DROPS that you yourself are creating by dumping the stock in a desperate rush to get your hands on the money!!

By the time PT has dumped his stock at lower and lower prices that he's caused, he will have lost himself at least £1m compared to what he would have got if he had just fed demand over the coming months. That's not 'smart' or 'clever', neither are the imbeciles that are trying to make out it is.

The dregs of society would like investors to think PT selling has something to do with AEX, but it is clear to anyone with experience of the stock market that he is selling because he needs the cash, which has absolutely nothing to do with AEX.

[greyingsurfer] 28/4/2017 19:29

That Phil T is a smart chap

Well, it's certainly smart not to keep a very large amount of wealth, and I'd guess a large proportion of total wealth, tied up in a company that your are no longer involved with.

Whether that has anything to do with price moves over the past day or so, or whether it tells anything about likely future price moves is a completely different matter.

Peter

[dan_the_epic] 28/4/2017 19:04

That Phil T is a smart chap

[lowflow] 28/4/2017 17:50

I predicted the share price move very well this week. Next week the stock will most likely go below 4.5p and soon the stock will be around 4p if not lower.

[edgar222] 28/4/2017 17:35

I think Gateau would be a good compromise in the cake/pie issue.

[haggismchaggis] 28/4/2017 17:20

It looks like PT sold another 6-7m today. He can't have much left, going by the volumes since we hit 5p.

[haggismchaggis] 28/4/2017 16:17

I wouldn't worry about it, they are determined to force PT to either sell at lower prices or stop selling. If he NEEDS the money he'll accept the lower prices. Either way he'll be gone soon enough and the MM's will walk the price back up to make more profit on the stock they got on the cheap. Paying trolls to post drivel on the BB's is just to cover what they are doing.

[kryptonsnake] 28/4/2017 15:49

They seem hell bent on taking AEX down with SOLO.

[haggismchaggis] 28/4/2017 15:32

There's so many nuts on here already...

[geoffsmith] 28/4/2017 15:07

BunBooster2, It matters a great deal if you have a nut allergy, nuts or traces of nuts in cakes can completely spoil your enjoyment of them. Can you please stick to pies. Meat and potato is my favourite, or a nice bacon quiche. many thanks.

[bunbooster2] 28/4/2017 14:47

Jamie - it doesn't matter whether we use cakes or pies in the illustration. It doesn't change anything. Also there isn't really an equivalent of cupcakes in the pie world so it would quickly become overly complex. I did consider using pies as the example at first but changed tack due to this limitation.