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AEX Aminex Plc

1.55
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 1.55 4,606,121 01:00:00
Bid Price Offer Price High Price Low Price Open Price
1.50 1.60 1.55 1.55 1.55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs USD 112k USD -1.12M USD -0.0003 -51.67 65.27M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:20:58 O 519,481 1.54 GBX

Aminex (AEX) Latest News

Aminex (AEX) Discussions and Chat

Aminex Forums and Chat

Date Time Title Posts
26/7/202423:00AMINEX - roll up for the East Africa show!80,440
28/6/202411:29Aminex - Gas Exploration and Development in Tanzania248
19/6/202408:17TITS - This Is The Speculation Thread256
01/8/202213:57AEX26
30/11/202106:21Aminex PLC - Exciting times ahead.356

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Aminex (AEX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:21:001.54519,4818,000.01O
2024-07-26 15:04:481.59276,8404,401.48O
2024-07-26 14:28:131.58194,7303,076.73O
2024-07-26 13:15:511.5930,951492.09O
2024-07-26 13:06:421.53450,8416,913.65O

Aminex (AEX) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Aminex Daily Update
Aminex Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker AEX. The last closing price for Aminex was 1.55p.
Aminex currently has 4,211,167,024 shares in issue. The market capitalisation of Aminex is £65,273,089.
Aminex has a price to earnings ratio (PE ratio) of -51.67.
This morning AEX shares opened at 1.55p
Posted at 26/7/2024 18:21 by mjapac32
Defo not! I choose my friends wisely they are decent people who don't troll places like this and behave like you do! Ps remind us about that market cap comparison you were hurling at us a few weeks back, how's that working out for your investment. I can see you spudding Monday but I can also see share price going down on that news! Remarkable what happens sometimes.....enjoy
Posted at 11/7/2024 19:40 by wdkeyes
No doubt the HE1 share price in pence will soon be below heliums molecular weight in kilograms (the thought of which made me realise that the obviously intelligent and thoughtful name/ticker for a company hoping to get rich on helium production would have been HE2, the fact that they didn't choose that, I think, speaks volumes (no pun intended))
Posted at 01/7/2024 07:42 by mjapac32
Yes but every time you declare a decent Rns the share price goes down
Posted at 28/6/2024 09:57 by rangenoresources
Where is Haggis where the share price is dropping?
Posted at 27/6/2024 12:35 by 888icb
AEX can only release information when it is formally released to them by ARA. AEX therefore have no control over information being available before their AGM and AEX would have had to release an RNS before the AGM if they were going to discuss new information at the AGM.
Posted at 24/5/2024 14:27 by haideralifool
East Africa licence award triggers start of 3.5 Tcf gas project
Tanzania awards development licence for Ntorya discovery, sparking 27% surge n stock price of project partner Aminex



Full text courtesy of Ufufuo on telegram:

Omani independent Ara Petroleum has secured a critical development licence covering its big Ntorya gas discovery onshore Tanzania, which holds 3.45 trillion cubic feet of in-place resources.

Award of this licence, which was announced in mid-afternoon on Thursday, paves the way for privately-owned Ara and Aminex, its London-listed partner, to push ahead with long-awaited development work.

This news sparked an initial 19.8% spike in Aminex’s stock price, which closed at 1.75 pence (2.54 US cents) yesterday.

The company’s share price continued its upward trajectory this morning, peaking at 1.98 pence and settling at 1.85 pence at publication time, up 26.7% on the 1.46 pence is stood at before Thursday’s announcement.

The Ministry of Energy in Tanzania granted a 25-year development licence over Ntorya on Thursday afternoon, said Aminex.

This development licence divides the Mtwara exploration area into nine blocks, five containing the Ntorya discovery and the remainder described as “adjoining blocks”.

In these adjoining blocks, the partners must carry out geological, geophysical and geochemical studies, drill one exploration well within five years of the start of production at Ntorya, and also spend at least $10 million.

Gas from Ntorya will be fed to the growing domestic market, with a multi-year gas sales agreement signed earlier this year with the state-owned Tanzania Petroleum Development Corporation.

Aminex, with a 25% non-operated interest, is carried by Ara throughout the ongoing work programme up to a maximum gross capital expenditure of $140 million.

This carry is expected to see the company through to the start of commercial gas production.

Now the development licence has been secured, the partners aim to charter a rig to drill the Chikumbi-1 exploration well, which will be completed as a gas producer, if successful.

The same rig will also carry out a workover of the Notorya-1 well, converting it into a production well, and carry out further testing on the Ntorya-2 well to refine the design of gas processing facilities.

Gas from Ntorya is expected to be sent via a new pipeline to the nearby Madimba gas plant.

First production is targeting up to 60 million cubic feet per day from three wells, with start-up hoped for in 2025.

Aminex executive chairman Charles Santos said: “The Tanzanian government has clearly said it would use the country's energy resources to eliminate energy poverty, spur growth and improve living standards.

“We believe Ntorya is a vital part of this vision and the development licence helps turn this vision into reality.”
Posted at 13/3/2024 16:55 by geoff96
Apologies Haider, I was referring to the share price when I said that this has only gone one way, after all this is the reason you are all here?

And I think we know why we have seen such terrible performance.....the answer is in your list of achievements across a very long timeframe indeed. Your talking 6 years here to complete a farm out and do a 3d survey?

Hardly putting your head on the block to state you expect to see the licence in 2024, but I guess that's the expectations of a long term holder of this share?

My question to you is why do you think Aminex insist on continuing to use phrases like very soon or imminent, when they know damn well that none of that is in their hands? Surely that's being deceitful and clearly doesn't wash with investors anymore as there is no reaction?

The share price lows get lower, the rises fewer and shorter and you have yet to see a sustained rerate in all this time, resulting in the price below a penny! A very sad state of affairs for a company who have apparently discovered one of if not the largest onshore discovery in East Africa?

No PR company in the world is influencing the lack of news flow down to ARA/Aminex, therefore a nice earner for very little work.
Posted at 29/2/2024 17:38 by blackgold00
"Worth acquiring and waiting patiently rather than anticipating a huge rise in the share price, so far as I can see."

Well, we've certainly waited patiently for a more realistic valuation, though I think there could well be a tipping point, whereby the news that provides the absolute certainty to the market, that Ntorya will be developed, CH-1 will go ahead as stated, then the market will not know share price boundaries. At least for some time. Ntorya/Mtwara is vast
Posted at 29/2/2024 16:52 by pendragon2
A very interesting rns, upgrading potential reserves, which confirms the long term potential rather than immediate gains. With oil and gas a tricky investment area for institutions, my guess is the potential for invstors is in future dividends rather than increases in the share price.

As to long term investment there is no reason to suppose that it cannot be financed from revenue once production is under way and until then the existing credit should cover Aminex.

Worth acquiring and waiting patiently rather than anticipating a huge rise in the share price, so far as I can see.
Posted at 06/12/2023 18:03 by 888icb
The free fall at HE1 continues down 16.8% at 1.74p whereas AEX Up 5.9% at 0.9p. It really can’t be long before AEX share price going Up passes HE1 share price going down.
Aminex share price data is direct from the London Stock Exchange

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