Aminex Share Discussion Threads

[haggismchaggis] 21/9/2017 16:13

Rayrac21 Sep '17 - 12:03 - 65411 of 65413 1 0 (Filtered)

[joestalin] 21/9/2017 15:11

Come on, girls. No hair pulling!

[blackgold00] 21/9/2017 11:33

i like the double bottom

[blackgold00] 21/9/2017 11:24

warbaby, it looks like it stands at $74.4 million. all vary complicated they changed their accounting and it looks like that owed by Tenesco is recorded under Long-term receivables

page 30 and 48




Collectability of Receivables
The Company evaluates the collectability of its receivables on the basis of payment history, frequency and predictability, as well as Management’s assessment of the customer’s willingness and ability to pay. The Company has been impacted by TANESCO’s inability to pay for current deliveries and pay down arrears.
Prior to 2016 the Company had reached an understanding with TANESCO that it would continue to supply gas if TANESCO remained reasonably current with payments for gas deliveries. Up to September 30, 2016 the Company recorded revenue from TANESCO based on volumes delivered, however, TANESCO payments were inconsistent and not always in compliance with the agreed understanding resulting in the Company
recording provisions for doubtful accounts for amounts outstanding from TANESCO for more than 60 days.

"At June 30, 2017 the current receivable from TANESCO was US$ nil (December 31, 2016: US$5.7 million). During the quarter the amounts received from TANESCO were in excess of the invoiced amounts recognized for revenue recognition purposes which has resulted in a deferred revenue balance of US$4.1 million (December 31, 2016: US$ nil). The long-term trade receivable at June 30, 2017 was US$74.4 million (provision of US$74.4 million) compared to US$80.1 million"

[haggismchaggis] 21/9/2017 11:24

What planet are you on?

[rayrac] 21/9/2017 11:13

Is this a trip to a t/over? I hold a few, just seems logical to me!

[haggismchaggis] 21/9/2017 09:01

Another ronthecon classic! :-D :-D

[ronwilkes123] 21/9/2017 09:00

Is it possible to fall upwards though ? What with gravity and all

[lfdkmp] 21/9/2017 08:47

ron

"But the share is falling back at a rate of knots after previously announcing to the market a big resource upgrade. Just analysing and commenting."

Are we falling upwards at a rate of knots, or have you temporarily suspended your analysing and commenting?

[warbaby43] 21/9/2017 07:36

Where settling debts = headlines:



Which month was it that got paid, I wonder? And blackgold00 as the resident Orca watcher do you have a handle on where their debt stands - still $50m+?

[ronwilkes123] 21/9/2017 07:05

Still no half year report, tut tut

[gerryjames] 21/9/2017 06:09

remember? Then you became a very quiet haggismchaggis.

"I hereby apologise profusely to Mr Mark Hardy for posting links to two blogs that Mr Hardy has advised me have caused him significant distress.

I deleted the posts as soon as I discovered it had offended Mr Hardy. The links to the web pages were only posted on this site.

I will never post those links again on any website as I now realise how they might be considered harmful to Mr Hardy."

[gerryjames] 21/9/2017 05:53

Just change it back to Sueyou1. Are you ashamed haggismchaggis? You should be. But can you though...without getting sued by Mr, Hardy. That's ironic. You didn't fancy it here at .7p but now breakeven after 10 years you're full off it...back running the Company in your childish head.

[haggismchaggis] 20/9/2017 22:16

"The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between."

The chart on this page is an example of this.

[haggismchaggis] 20/9/2017 21:27

Double-bottom forming on the 1 month chart?

[haggismchaggis] 20/9/2017 21:25

Aye Blackgold, I guess you're talking about the share consolidation. The share price needs to consolidate above 10p, 15p or even 20p before that happens

[blackgold00] 20/9/2017 21:23

not cancelled, they say its not a priority, and will wait for the right time, share price etc

[shabbadabbadoo2] 20/9/2017 20:08

What happened to the share consolidation? Is it still in the plans or has it been cancelled?

[haggismchaggis] 20/9/2017 19:21

Nah, he's still waiting for 2p! He'll wait all his f'in life for 2p LOL!

[blackgold00] 20/9/2017 18:40

ron I expect : )

[haggismchaggis] 20/9/2017 18:03

1m buy? That's big, they must be confident or know something we don't.

[skinwalker] 20/9/2017 13:31

Dangerous game agreeing with Haggis greyingsurfer. As LFDKMP says, he might sueyou.

[greyingsurfer] 20/9/2017 12:20

I don't always agree with Haggis, but he's right this time. Ron is just a wind up merchant, he has no interest in serious discussion about AEX. Filter is the right response.Peter