Aminex Share Discussion Threads

[greyingsurfer] 02/10/2018 09:06

It tested at the time for 20mm that's commercial. Had there been a route to market it would have been put on production and properly tested.

Perhaps, but as as everyone knows there wasn't at the time. The gas demand has been developing, and continues to do so, and the potential size of the resource is now far greater, placing a commercial development on an entirely different footing.

Peter

[gerryjames] 02/10/2018 09:02

No 20mm is commercial and they must have thought pipe, 6 years in the planning and they still don't know who will pay for and build it. You can't defend this debacle BG. But you can be hopeful.

[blackgold00] 02/10/2018 08:53

that was not considered commercial at the time, N-1 did not prove up the now known quantity's of gas that would be needed, to make investing in the infrastructure ie pipeline a viable proposition.

[gerryjames] 02/10/2018 08:43

It tested at the time for 20mm that's commercial. Had there been a route to market it would have been put on production and properly tested.

[blackgold00] 02/10/2018 08:43

*Copyright dunderheed ltd 2018 lol : )

[dunderheed] 02/10/2018 08:40

It just doesn't matter guys.
Its of no relevance at all when you have such a professional management team running AEX - according to a lot of posts over on Mental Central* anyway?








*Copyright dunderheed ltd 2018

[blackgold00] 02/10/2018 08:36

sorry, I don't get you

[gerryjames] 02/10/2018 08:32

That's becaus it was never tested in a pipe. Like KN-1...anything else is just theory.

[blackgold00] 02/10/2018 08:31

N-1 in 2012 did not prove up commercial quantity's of gas, that came after NT-2, now everything is in the pipe-line, being planed.

[gerryjames] 02/10/2018 08:26

N-1 was drilled in 2012 and ready to produce. If it's all comming together why is there no pipe to market planned? It's been 6 years.

[blackgold00] 02/10/2018 08:18

"It's been sitting there stranded for 6 years"

the size of Ntorya has only been known for a year Gerry, its not like it's 100 miles off shore in deep water is it. a few miles of pipe, whats that? the processing plant is ready and waiting, and the industry is growing and the cement factory is switching to gas. its all coming together

[gerryjames] 02/10/2018 07:55

Marketable gas? If you're still at school maybe BG. It's been sitting there stranded for 6 years and they still don't know when or who is going to pay for the pipe. Never mind actually build it. 30 million estimate. One million a kilometer. Yet state revenue from it after well 4 or something...nursery school.

[blackgold00] 02/10/2018 07:39

I note on the resent presentation, that the Lindi licence area/part of the Ruvuma PSA is no more, but now just showing the Mtwara licence area, the same size as it was before, ie; with the namisnage prospect? I hope that is going to be the case once confirmed by the Tanzania authority.

[blackgold00] 02/10/2018 06:35

"That chart is just bloody awful"

yes, and that's after hitting all that marketable gas at NT-2 as well, it really is quite bazarre but that's the market for you.

[kryptonsnake] 01/10/2018 22:31

What goes down must go up

[denizen] 01/10/2018 22:17

That chart is just bloody awful though, right back down to where it was 2 years ago.

[temmujin] 01/10/2018 22:07

ha,ha..another comedian..dont forget to buy solo too...chinese building airships and will need alot of helium soon

hxxps://www.chinamoneynetwork.com/2018/09/04/china-starts-making-first-civilian-passenger-airship

[temmujin] 01/10/2018 20:50

bought in at 1.65p today...thought it was about time when i saw the big pull back...news soon i reckon

[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.