Aminex Share Discussion Threads

[tauroctinus] 05/5/2017 22:01

Kev,

Your 63756 is one of the best posts on black liquids that I have read in a long time.
Thank you. I concur with a lot of your views in that post.
I don't know if you plan to go to the AGM, but if so would like to meet you
to further discuss this important topic and other related black liquids, and or gas.

[lfdkmp] 05/5/2017 22:01

So on a probability scale of 0 to 1, I guess Dan is confidently at 0.

[dan_the_epic] 05/5/2017 21:57

Wow. Aminex have been banging on about oil at Ruvuma since Mike Rego times. To somehow think the bandying round of oil now is something new is farcical, haggis.

Guess what.

Zero found.

[lfdkmp] 05/5/2017 21:57

yes haggis

But when does a possibility become a probability?

(Don't need the full answer thanks, I have a degree in Maths) :-)

[haggismchaggis] 05/5/2017 21:48

Jay said: "We want to identify and target some of these deeper targets where we believe there is potential for oil there as well"

Then Jay says: "It's a very positive bit of news if we can not only find gas but oil or condensate"

He's clearly saying they are looking for oil at N3, that is a massively important step up in potential for shareholders and the first time since he started at AEX that he has indicated targeting oil.

Now consider that, based on the size of N3, recoverable gas would valued at about $1.5Bn though with delays to production as demand needs to increase, whereas oil would be valued at $15Bn and could be sold into ready markets.

[lfdkmp] 05/5/2017 21:40

On the subject of curlers, I was correct wasn't I, when I told her next door that airlines no longer allow them to be carried on flights?

I was, of course, distraught when I was told in no uncertain terms that if the curlers weren't travelling to Ireland last week, then neither was she.

You can imagine how difficult I found it on my own in Dublin, Cork and Galway.

[lfdkmp] 05/5/2017 21:26

I'm beginning to wonder if the (apparently) very poor first N2 RNS wasn't, as most surmised, poor communication but was in fact quite calculated.

Maybe there are very significant indications of liquid hydrocarbons, but at this stage not sufficiently firm to raise hopes, and risk future accusations of falsely raising expectations.

Not quite yet in haggis's camp, but maybe Jay(His Imminence) has learnt from the past and now is downplaying short/medium term excitement.

Pure speculation of course, tantamount to the ramblings of an idiot on a Friday night.

(better than an early encounter with the curlers next door)

[dunderheed] 05/5/2017 21:12

Well hate to admit it but, ngms substantially quids in compared to the holders (who have held during same period) on here?

[haggismchaggis] 05/5/2017 21:08

I now wonder if Jay deliberately said nothing about targeting oil whilst PT was selling? Let PT sell at lower prices, then let the cat out of the bag about targeting oil, that way PT cannot sell into any rise based on oil speculation.

[haggismchaggis] 05/5/2017 19:56

That sounds like a mammoth task! :-D

[haggismchaggis] 05/5/2017 19:12

6 March, two months ago ;-)

haggismchaggis
06 Mar 2017 - 12:33:06
61691 of 63766

Jimbob, that's easy to answer, the really major questions we should ask are:

1) What will AEX announce in the N2 test results regarding oil?

2) Who are the 5 people Mike Rego said met last year to try and find the oil, was NR there, was someone from AEX there?

3) Will AEX say in a subsequent RNS that oil is a target for N3 and/or Namisange?

[blackgold00] 05/5/2017 18:48

that was clever, how did i do that? well if its worth saying once

[blackgold00] 05/5/2017 18:45

yes Haaggis, it was you and what a lot of stick you took, just imagine TLW's face if we find oil at NT-3. was it Shell who left Cairn holding the baby in India who then went on to discover oil which changed their fortune.

[blackgold00] 05/5/2017 18:45

yes Haaggis, it was you and what a lot of stick you took, just imagine TLW face if we find oil at NT-3. was it Shell who left Cairn holding the baby in India who then went on to discover oil which changed their fortune.

[ngms27] 05/5/2017 18:36

Haggis, you have said lots of things. Unfortunately the vast majority haven't come true.

I bet you are still waiting for your updated results and petrophysical analysis from N-2...

[edgar222] 05/5/2017 18:17

HaggisYes.I didnt laugh.Trying not to dream of oil cos if they hit crude for the first time in East Africa then all bets are off and the sky really is the limit.If.

[lfdkmp] 05/5/2017 18:15

Well all, and particularly Kev2, thank you for your responses. There is clearly a lot more to Guinness than I had ever imagined. Ever thought of a PhD Kev2?

On a variation to the black theme, looks like haggis , though always right, might actually be onto something with oil at N3. :-)

[haggismchaggis] 05/5/2017 17:55

Edgar, wasn't it me that said right after N2 that AEX would target oil at N3? And everyone laughed!

[thegreatgeraldo] 05/5/2017 17:50

Very much chicken & egg.... if Guinness isn't slurp du jour in a pub, Guinness drinkers will go elsewhere.... if it's a popular choice, it can only get better...

[kevjones2] 05/5/2017 17:39

LFDKMP, nowadays every pint of Guinness (in Ireland) has the potential to be excellent. There are a few factors which achieve excellence. Firstly, regular cleaning of the pipes from the barrel to the tap (and the tap too). Secondly, when lots of people are drinking Guinness in any given pub one might hear someone say "the Guinness is lovely" to which people will respond "there's a grand 'run' on it" meaning the pipes are in continuous action. Thirdly, (and most importantly in my opinion) is the bar-person pulling the pint. Guinness needs to settle after being pulled initially. It should be left about three-quarters full until it's jet black with a very small not quite cream-coloured head. Then, and only then, should the barman 'top it up' leaving a full pint of black Guinness with a lovely creamy head about three-eighths of an inch high.

Younger staff who never drank Guinness are inclined to rush serving pints of Guinness and every time it happens to me another tiny bit of my heart breaks. The 'head' of the pint ends up too big and ruins the whole thing.

Guinness should be served at room temperature and never, ever bring one outside. Edgar is right about Guinness in the UK - it's an absolute disaster. Guinness does not travel well. When I'm in the UK I drink G & T or Bacardi and Coke. In Ireland I would never drink a pint of anything else on draft. If we go outside to a beer garden I'll get a bottle of cider.

Another very important point is that Guinness is an acquired taste for most people but once you turn you'll never change!

I'm drinking Guinness 35 years now and my love for it has never diminished one little bit. I love Guinness. Besides, Guinness is good for you - the ads say so. I'm off to tear into about 5 pints right now (I used to be able to drink much more!). Have a great weekend all!

[thegreatgeraldo] 05/5/2017 17:25

Being blunt about Guinness, it is only a keg beer!!

[tournesol] 05/5/2017 17:21

Edgar

I have never had a pint of guinness I was able to finish - to my palate it tastes harsh and one dimensional. Bottled is even worse. Admitttedly that's mainly in England, but the few pints I've tried in Northern Ireland and in Dublin did not win me over.