Aminex Share Discussion Threads

[haggismchaggis] 04/10/2018 23:05

What I'd make of it, is Solo had better be able to pay their share when required, or they will default and lose it all as well.

[bunbooster2] 04/10/2018 10:42

Hmmm, wonder what to make of that. Bounty market cap is sub 5m AUD at the moment.

[dunderheed] 04/10/2018 09:38

As I keep on saying BG, I am only interested in official reporting, not what Jay says lol!
Didn't he say on one of those video thingies that Zubs would be able to vote on the farm out, lol how obtuse!!
I don't know but I believe he said before, the remedy would be a valve replacement and would take a matter of days previously according to some posts over on MC?
Jay has 'said' many things that haven't been officially released, he is an absolute PR disaster (amongst other things).
A bit of advice - only ever rely on what has been rns'd not what is tweeted or 'said' at a PR event!!
All imho of course, lol!

[blackgold00] 04/10/2018 09:26

yes dunder, 2 min in and JB answers the question, and says that $250k would be the gross costs.

[dunderheed] 04/10/2018 08:58

Sorry Gerry I reperforating was always the obvious thing to do if they were confident they could draw on new compartment.
What I was querying as what I thought was an optimistic figure of $250k for the job posted on mental central?

BG - as above it was the figure of $250k I was querying not the suggested rectification. But thanks for the link though buddy!

[greyingsurfer] 04/10/2018 08:40

Just for clarity, my original post was a response to Gerry James, not to you

[greyingsurfer] 04/10/2018 08:39

You asked me where AEX stated they were reperforating. That's what I was responding to.

[blackgold00] 04/10/2018 08:28

"Well according to MC that should onky cost $250k gross?
I hope Jay clarifies on one of his video thingies."


he already has Dunder, as usual I will do the work and find it for you : )


here you are

2min in

Aminex Plc's Jay Bhattacherjee updates on Kiliwani North and Ruvuma

[dunderheed] 04/10/2018 08:23

Sorry greying couldn't see the $250 k figure.
Maybe being stupid but can you direct me to the page please?
Cheers.

[greyingsurfer] 04/10/2018 08:20

Latest presentation as just one source.And Bounty would certainly not be saying the well needed reperforating unless the operator had told them that!

[pj 1] 04/10/2018 08:18

Bounty

2017 current assets 2.4 vs current liabilities 0.8....hmmmm


What happened to all the pipework AEX purchased and left rusting for years, will they find a use for it or has it been naturally recycled in to an ocean somewhere?

[dunderheed] 04/10/2018 08:13

Where is that reported greying?

[greyingsurfer] 04/10/2018 08:12

As do AEX, which is why they a reperforating.

[dunderheed] 04/10/2018 08:06

Well according to MC that should onky cost $250k gross?
I hope Jay clarifies on one of his video thingies.
They really help everyone gain confidence in his professionalism. He always gives such a polished performance.
(imho).

[gerryjames] 04/10/2018 08:04

"the well is not draining the lower part of the Neocomian age reservoir and re-perforation may allow additional gas of up to 8 bcf to be recovered."

Bounty thought more than a simple valve following the shut-in data.

[dunderheed] 04/10/2018 07:58

F'ing ridiculous where's the update 're 'faulty valve' being replaced?

[edgar222] 04/10/2018 07:53

That wasnt particularly a reply to u Greyinsurfer! Am on my mobile on a packed train and hit reply!!

[edgar222] 04/10/2018 07:52

They said default. Not relinquish.

[greyingsurfer] 04/10/2018 07:51

With Nyuni seismic being planned plus costs of reperforating KN1, and possible KS well coming up Bounty were presumably looking at significant bills, and with KN1 currently producing less than a camping gas cylinder no local revenue to pay for it. With AEX now in a position to move ahead they may not have had much choice.Peter

[gerryjames] 04/10/2018 07:34

Both. Unless they're happy not getting paid.

[oilretire] 04/10/2018 07:27

Not sure if they are fed up or "can't pay we'll take it away"??

[kryptonsnake] 04/10/2018 07:27

Sounds good to me

[duxy786] 04/10/2018 07:26

Good times