Aminex Share Discussion Threads

[skinwalker] 01/10/2018 20:19

You've said a lot of things haggis - the great majority nonsense.

[haggismchaggis] 01/10/2018 14:25

I said 8 months ago that TPDC would build the pipeline. It made sense even then, because TPDC built the Kiliwani spur and want to control the infrastructure, then only paying wellhead price.

[blackgold00] 01/10/2018 14:04

"option for the government to build connecting pip-line"


first we've heard of that option, and I wouldn't be surprised if the TPDC didn't fund/build it and take responsibility of it, as I believe is the policy.

[dunderheed] 01/10/2018 11:07

What is current cash position?
We need to make sure we have enough to pay for this world leading mgt team whatever happens.
I'd even support a placing at 0.5p to make sure we don't lose any of them as they will surely be open to poaching by some of the 'majors'?
All imho of course.

[doerx2] 01/10/2018 11:03

Looking grim here ATM.

[dunderheed] 01/10/2018 09:46

Yep completely got the wrong end of the stick again.
Perhaps you should have a word with your city analysts buddy!

[haggismchaggis] 01/10/2018 09:43

900BCF, a lot of oil would fit in that space!

[dunderheed] 01/10/2018 08:31

Oh sorry no out of house lol!
Haven't really properly read the presentation but can see the following -

1. N2 reservoir showed significant drilling induced damage - said this before but was shouted at over on MC for being critical with no proof (lol!)
2. The unrisked giip in place - great not interested in unrisked lol!
3. Most importantly - surely - nothing on timetable getting the deal done or potential risks involved achieving this?

From my perspective nothing at all useful in here except confirmation they f'ed the n2 well up - no surprise there then!
All imho of course and here's hoping JB can get out there with some of his 'excellent' presentations.

[gerryjames] 01/10/2018 08:17

lol. The house. BG...

[dunderheed] 01/10/2018 08:06

Right the rns from sqz was only about 10 lines lol - I'm out now but will print this off when I get back. I'm assuming 'okay' news because the price hasn't tanked - we will have to wait for JB to make some presentations for that lol!!
Best of luck all!

[blackgold00] 01/10/2018 07:55

are you on the train yet peet ? not a bad presentation, we are being drip drip info fed. not much longer I think, hope

[dunderheed] 01/10/2018 07:43

Well I bloody am now - more important stuff to read elsewhere re sqz so good bad indifferent guys?!

[blackgold00] 01/10/2018 07:37

Dunder are you up

[blackgold00] 01/10/2018 07:33

the lower Jurassic target looks interesting 900 BCF Pmean GIIP

[blackgold00] 01/10/2018 07:11

("extension over Mtwara licence area supported by TPDC and PURA pending approval by ministry')

[blackgold00] 01/10/2018 06:48

SP "He also said that the C1 drill was not dependent on the License extension"

stinkypeet, what has been said by Aminex, is

@AminexPLC
Mar 1

More
"Ntorya 3 is not dependent on a 25 year development licence #Aminex #Gas #Tanzania #drilling"


not the Mtwara Licence extension, which of course would have to be extended to be able to legitimately drill in the area. goes without saying really crusty

[dunderheed] 30/9/2018 22:06

CP what are you doing 'ere anyways bruv?

SP - you know what I think lol!

I remember my first boss ever - pulling me into his office and lecturing me about the mistakes I was making - which were stupid 'lazy' errors - he quite rightly told me I shouldn't be so 'relaxed or calm' yet - because I simply didn't know enough to be at that stage yet!
That was a good lesson for me!

[dunderheed] 30/9/2018 22:00

I mean words absolutely fail me - how (really) stupid re ceo words in agm!

CP It depends how they intend to do it, that certainly is the simplest way yes - but I have no idea what they will be doing and I would prefer CT type arrangement as is more reliable than simple wireline?
Don't forget they supposedly hadn't even spotted this area of reservoir so they may require multiple shots and multiple attempts.
So yes all goes well and all equipment on site it could come in at $250k gross, I just don't have that much confidence imho!

[stinkypeet] 30/9/2018 21:43

Yes he did say that Dunder. He also said that the C1 drill was not dependent on the License extension and maybe if the C1 drill wasn't totally dependent on a Farm out he may have been right about that too but of course we all know that it always was and still is.... "smoke and mirrors" or incompetence?

[cperkin] 30/9/2018 21:33

I think it was the wonderful AGM for his can vote quote, I think Crusty might have had him on the ropes ;)

I thought it was just a crane, wireline and perf gun required? Still Aminex only have to pay 57% of it I guess.

[dunderheed] 30/9/2018 21:22

Mate it could be a $50k mob for that kind of equipment if it comes from Aberdeen/Ghana?
Also $250k for a job like that - mob de mob got to be cheap and everything gone 100% tickety boo.
When has that ever happened with AEX lol?
By the way does the rns confirm that Zubs can't vote and didn't 'The brain' say they could vote in one of his famous videos or presentations that I heard mentioned over on MC lol?!

[cperkin] 30/9/2018 21:01

Thats the potential gross cost Dunder, your coats on the peg in the hall :)