Aminex Share Discussion Threads

[dan_the_epic] 13/6/2017 06:30

Good thing that broker notes are usually pieces of tosh in the small cap resource spectrum.

[whoppy] 12/6/2017 23:52

Please don't take any notice of Neil Ritson.

[haggismchaggis] 12/6/2017 20:30

"But the focus is Ruvuma, where he said a read through from a broker note on partner Aminex plc (LON:AEX) pointed to a value of US$100mln."Which makes AEX's share of Ruvuma worth $300m right now, undeveloped.AEX MCap is £137.41 or $173.88mSeems undervalued to me when you add the $300m to all the other licences, production from KN-1 and soon production from N1+N2.Still, that's only a fraction of what it could be with a nice oil discovery, so I'll just be staying put even if it rerates on the broker note.

[haggismchaggis] 12/6/2017 20:19

Precisely what I said in early March after the well RNS!"We would like to drill it, he said, but Ntorya-3 may not be the best place. So we'd rather go down the 3D seismic acquisition route and know exactly where the next well should be drilled."

[dan_the_epic] 12/6/2017 19:43

If solo get anywhere near $100m, I will eat my left pinky finger.

I'd be surprised if they even got $20m

[haggismchaggis] 12/6/2017 15:07

3D seismic for oil potential. If I was Zubair I'd buy the SOLO share now and target oil as one with AEX.

[greyingsurfer] 12/6/2017 14:59

I think their issue is likely that they can't afford to stay in the game, bb.I don't know the exact PSC terms, but it's quite possible that if they fail to be able to pay their share they end up relinquishing.Peter

[bunbooster2] 12/6/2017 13:29

Hmm, watching that video it does seem that noises are being made about NT-3 not being drilled any time soon. Solo talking about packing it in and cashing out doesn't exactly paint a positive picture of the future value of Ruvuma. They're asking for 100 million for their stake, wouldn't you want to get NT-3 drilled and see that go up. Sounds like they think the current discovered resources are enough to meet any medium term demand so any additional discoveries won't be monetised any time soon (like <10 years).

[edgar222] 12/6/2017 11:47

Peter

Agreed almost!

The number is meaningless. But the hints we have had (firstly from Ritson and now from Malcy speaking to Jay) that the flow rate is artificially low are important.

Think this is at more than a hint now.

[greyingsurfer] 12/6/2017 11:43

Also interesting recently has been the Malcy tweet about the "barnburner" N2. His question marked guess at flow rates without mud problems is "50 scuffs?"That's meaningless. It could be near the mark. But he's guess is no better than anyone here could make.Peter

[qackers] 12/6/2017 10:57

Aminex note would I refer to a research note put out by brokers to their clients hence its not in public domain yet. I would imagine it will be published to wider audience after their clients have a chance to react to it.

[edgar222] 12/6/2017 10:34

Ritson interview interesting but I believe he has a different agenda to Aminex now. Probably to do with his lack of funds, he is saying N3 not now.

Also interesting recently has been the Malcy tweet about the "barnburner" N2. His question marked guess at flow rates without mud problems is "50 scuffs?"

[lfdkmp] 12/6/2017 10:24

Aminex note?

Not a RNS. Can't see anything on the web site.

What is this? Where can we find it?

[qackers] 12/6/2017 09:54

According to Ritson there was one this morning. Read through to Solo $100m risked from $15m investment.

Proactive interview

hxxp://www.proactiveinvestors.co.uk/companies/stocktube/7612/solo-oil-at-a-very-important-point-in-its-development-exec-chairman-neil-ritson-7612.html

Aminex related stuff starts around 3:20

Getting paid in $

[blackgold00] 12/6/2017 09:37

Aminex note out?

[foolsandcows] 11/6/2017 20:00

News week? ;)

[kryptonsnake] 11/6/2017 17:54

The conversation on this board is going south, or should that be north?

[jamiedodge] 11/6/2017 15:39

Agree LT. Classic !

[last throw] 11/6/2017 10:35

Haggis & Dan

Classic!

LT

[dan_the_epic] 10/6/2017 15:37

It's totally inappropriate to end your posts with images of male genitalia using keyboard strokes, Haggis.

[haggismchaggis] 10/6/2017 14:39

AEX Could do with some viagra, so the share price goes right up and stays up! :-D

[fireplace22] 10/6/2017 13:51

Is it called Rachel Riley?

[joestalin] 10/6/2017 13:47

You should take a look at the Futura Medical (epic: FUM) products. Non-drug treatment for erectile disfunction is one of their main products

[bunbooster2] 10/6/2017 13:37

Have to admit I tried some Cialis once. Striking effect on girth and a real ramrod feeling (but made me feel queasy). However the effects of drugs on masturbation is very off topic for this thread and I am very anti drugs.