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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Aminex Plc | LSE:AEX | London | Ordinary Share | IE0003073255 | ORD EUR0.001 (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.025 | 2.27% | 1.125 | 1.05 | 1.20 | 1.175 | 1.10 | 1.10 | 12,665,334 | 15:47:45 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 64k | -4.06M | -0.0010 | -11.20 | 47.17M |
From Apr 2021 to Apr 2024
By Jaime Llinares Taboada
Shares in Aminex PLC fell Friday after the company said it wasn't able to agree on a second exploration period for the Nyuni Area, offshore Tanzania.
The energy company said it has opened discussions with the Tanzanian authorities regarding the return of the license to the government. Aminex said that, despite a number of exchanges with the country's authorities, the terms for the second exploration period weren't agreed upon.
"Having been unsuccessful in finding a joint venture partner for the Nyuni Area PSA, the return of the license is the correct move as it reduces portfolio risk, preserves our capital resources and allows the company to focus attention on our other two more significant assets in Tanzania," Executive Chairman Charlie Santos said.
Shares at 0738 GMT were down 11% at 0.83 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
April 08, 2022 04:01 ET (08:01 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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