Aminex Share Discussion Threads

[bunbooster2] 21/6/2018 14:46

Swearing and shouting is not permitted on this thread. Please be respectful of other users who may have young families.

[stinkypeet] 21/6/2018 11:50

Anyway skin according to Ronny's recent well thought out and we'll argued theory I am a shorter....!

Anyway I am sorry but I have work to do so bye for now.

[stinkypeet] 21/6/2018 11:37

Anyway skin according to Ronny's recent well thought out and we'll argued theory I am a shorter....!

Anyway I am sorry but I have work to do so bye for now.

[stinkypeet] 21/6/2018 11:26

Yes skin he is - as I said to him, I have taken profits along the way, I am still in profit and expect that to increase. And if I hadn't been too greedy I could have taken 400% last year. The fact that I didn't could not be laid at the door of the AEX BoD can it?

Oh and by the way u am invested in Tech and Bio tech but even that is not a guaranteed recipe for success. Like Woodford I an heavily into 4D Pharma and look at that over the last two years. Thankfully I bought a load recently at 13th and do have a few others that have performed a lot better.

[skinwalker] 21/6/2018 09:59

Well stinkypeet, Ron is not wrong is he?
You have a very detailed knowledge of Aminex, but its looking like its been a huge waste of time and effort.
If only you'd put your considerable brainpower into Technology or Biotechnology stocks, you'd be a rich man by now.
Maybe not too late to change course?

[greyingsurfer] 21/6/2018 09:27

AEX and SOLO would be reimbursed 16% of the project costs from production revenue, so it is not free for the Government (it is a delayed farm out).

Not quite true - under the existing PSAs TPDC is entitled to back in to 20% of Nyuni and 15% of Ntorya by paying the appropriate % of development costs - not project costs (i.e. including explo and appraisal). There is a similar arrangement with Kiliwani N - though that's only for 5%

There's nothing new in the proposal that TPDC will be entitled to a similar arrangement on an extension or renewal of the Ruvuma licences.

Peter

[stonefold] 21/6/2018 08:42

If the Government has a stake in the project it aligns the government and investors interests, and should act as an incentive to fast-track the project.

AEX and SOLO would be reimbursed 16% of the project costs from production revenue, so it is not free for the Government (it is a delayed farm out).

[ronwilkes123] 21/6/2018 08:28

Big sell off here today people are sick of the no newsOh dear what can the matter be It's another disaster run by jay battcharjeeThe government even get 20% for free

[blackgold00] 21/6/2018 08:20

you might be right Stonefold, of out now so not time to look.

[stonefold] 21/6/2018 08:15

A 16% carry means the Government would gain from the income from the project when it goes into production, but only after the government pay back 16% of the costs.
So it is not a free 16%.




"....Tanzania

In April, the government of Tanzania established a new Mining Commission to regulate and implement the provisions of the Mining Act. The Commission is required to approve the grant of new licences and approve contracts. The establishment of the Commission and publishing of the new Mining Regulations is timely for He1 with drilling expected to commence this year, and an application for a Mining Licence following drilling success.

The industrial gas royalty remains at 3%, however, a 16% carry for the government and a 1% inspection fee are both now set in law.
"

--

If a rig is intended to be drilling for one or more shallow wells for Helium in q4 2018, is it possible the same rig/team will be used for the upcoming drill at Ruvuma?

[blackgold00] 21/6/2018 08:13

ah right, then my guess would be, that the Mtwara Licence will be extended with its drilling commitments/obligations but without having to concede the 20% to TPDC. but the new Lindi PSA might well have it written into it that the TPDC has the right to 20%.

As " The Company expects to receive an extension to the Mtwara Licence, possibly until January 2020" that is an extension of the original PSA licence, not a new PSA licence

[ronwilkes123] 21/6/2018 07:55

Yes blackgold new law

[ronwilkes123] 21/6/2018 07:54

It's a catchy tune though blackgold

[blackgold00] 21/6/2018 07:54

ron where did you get that 20% from, the Solo rns?

[blackgold00] 21/6/2018 07:49

that would still leave us with 60% of Pmean GIIP: 1.87 TCF

[dunderheed] 20/6/2018 20:14

Guys again I have say, please, please, please, this is not mental central.
Can we show some decorum and enjoy this pleasant evening together?
Life is too short.

[ronwilkes123] 20/6/2018 19:51

You can resist pete you goof everything you say about aminex is wrong

[stinkypeet] 20/6/2018 19:40

Lol, Ronny Boy, every post you make illustrates that you really don't have a scooby doo; you aren't even able to construct a coherent argument or even demonstrate that you have any knowledge of the Company or the posters that you are deriding; your pitiful, baseless accusations are the invention of an idiot.

"Carry on Ron". A comedy in endless parts.

From now on you don't exist as far as I am concerned - you are just like the proverbial fart in a space suit but even without the benefit of the warmth a fart would provide.

Have you paid you bet yet?

Bye bye you pitiful, gibbering twerp. This is the last response you will ever get from me. I have a life to get on with - just a pity that you don't.

:0)

[ronwilkes123] 20/6/2018 19:30

Pete I have you, you are a shorter

[stinkypeet] 20/6/2018 19:21

Well Ronny I will give you one thing your posts are comical if nothing else; a bit like watching the Baboons at the Zoo..... But in your case a ver mad, sad and slightly pathetic one.

I hope you get some benefit from your maniacal, incoherent rants Ronny, certainly nobody else does - other than to show them that life could be a lot worse; we could be a pathetic cretin like you rather than just have to put up with listening to one.

I wish you a great life you moron; unfortunately I fear that is a forlorn hope.

Bye bye.

[stinkypeet] 20/6/2018 18:26

I talk rubbish Ronny Boy? Well that's still many rungs up the ladder from your cretinous drivel....

I am very happy Ronny, banked a few quid, still in profit and still with plenty of upside. What's not to like? What about you Ronny? Still here spouting your poisonous, embittered drivel and yet have never had a position in the stock. Quite bizarre really; surely there are better things to do with your life Ronny Boy? Or maybe not, you poor, sad loon.

Get a life man.