Aminex Share Discussion Threads

[steelwatch] 08/1/2018 12:30

Aaron LeBlanc

[dunderheed] 08/1/2018 11:43

66285 agree been saying that for ages however there appears to have been some evidence of pressure build (back) up?

[bunbooster2] 08/1/2018 11:31

Yep, shabbydabbydoo. Could be that.

[ngms27] 08/1/2018 11:31

Yes KN-1 may well be compartmetalised.

[ulvers] 08/1/2018 11:19

Shabadabadoo
Hit the nail on the head there!
But a good rns overall as they go!
All imho.

GLA

[shabbadabbadoo2] 08/1/2018 10:54

Bun said:
Interesting that they are "identifying potential new drilling targets which could be brought on stream relatively quickly to supplement gas production from the existing Kiliwani North-1 well".

Wonder how much new Nyuni drilling would cost. It makes sense - get more gas flowing and into the existing infrastructure but why hasn't this come up before as part of the strategy. Perhaps because there was no point spending on drilling and the fact they are looking at it now is a reflection of the 2018 demand.


Another take on this - and the reason it hasn't come up before, is that they have realised KN-1 is kaput and need more drilling to reach the rest of the field that they thought they had already reached.

[warbaby43] 08/1/2018 08:08

"Positive discussions are ongoing with the Tanzanian authorities to progress the outstanding Ntorya Development Licence application and shareholders will be updated as significant milestones are achieved."

All very positive RNS but the Mwtara and Lindi Licence Applications?

[haggismchaggis] 08/1/2018 07:53

When stocks have no news even for a short time, some people think there is stagnation. But we have made progress and we are continuing to progress, that is good!Drilling N3 asap. Kiliwani back from a trickle to a decent output. Potential to drill KN-2 or even into the deep water with directional drilling from Kiliwani. Already looking ahead to drills after N3. Namisange and Sudi?Great stuff. We might see the 2017 high again in the next few weeks.

[tmmalik] 08/1/2018 07:46

See how share price reacts but heads up rns for me

[blackgold00] 08/1/2018 07:31

good to see some gas flowing naturally at KN-1

"The well produced 95 MMcf of gas during the month of December, without intervention and due to natural pressure recharge, with flow at rates up to 9 MMcf/d".

[bunbooster2] 08/1/2018 07:22

Interesting that they are "identifying potential new drilling targets which could be brought on stream relatively quickly to supplement gas production from the existing Kiliwani North-1 well".

Wonder how much new Nyuni drilling would cost. It makes sense - get more gas flowing and into the existing infrastructure but why hasn't this come up before as part of the strategy. Perhaps because there was no point spending on drilling and the fact they are looking at it now is a reflection of the 2018 demand.

[kryptonsnake] 08/1/2018 07:16

I'm sure Jay said it wouldn't take long to put a compressor in place. Things seem to be taking forever recently, there must be a reason for it.

[kryptonsnake] 08/1/2018 07:14

I suppose we knew N3 was happening anyway. It's just taking a long time to secure a rig for it, and a compressor for N1.

[edgar222] 08/1/2018 07:12

The only extra thingbin the Solo RNS was the CPR will be ready within a month.V happy N3 happening.

[lfdkmp] 08/1/2018 07:11

Well to "imminent" and "short order" can I offer another word for the AEX lexicon:
"ongoing".

EDIT

Maybe I should add "and progressing well"

[warbaby43] 04/1/2018 07:57

A capacity of 400,000 tpa is a lot of rowing boats:

[blackgold00] 03/1/2018 17:53

yes absolutely staggering warbaby, $14bn, (EROEI) energy returned on energy invested, from an investors point of view, that's is some leap of faith.

[warbaby43] 03/1/2018 17:39

For those interested - sometimes the scale and capabilities of this industry really are staggering:

[blackgold00] 03/1/2018 17:36

who's Ron? don't answer that Kripto : ) i think he gets more oxygen over at lse

[kryptonsnake] 03/1/2018 17:09

On a positive note, not seen Ron on here for a while :-D

[kryptonsnake] 03/1/2018 17:02

Very disappointed that we didn't get a Q4 update as promised. Looks like they are trying to avoid releasing any negative news, they know it just makes the share price plummet. Saying that, I can't remember the last time a positive RNS made the share price go up either.

They should have drilled N2 & N3 back to back. Hope there's a good reason behind the apparent delay.

[dunderheed] 03/1/2018 16:10

66266 - what does that tell you about AEX mgt 'capability' then?

[kryptonsnake] 03/1/2018 14:58

7p and they can have the lot. Would like to see N3 drilled by March or just sell the company!

[greyingsurfer] 03/1/2018 14:28

so a placing involving Zubair would have to be pro-rata with all/other AEX investors

That's my understanding, unless of course they choose to bid for all!

Peter