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Aminex Share Chat (AEX)



Share Price: 1.375Bid: 1.35Ask: 1.40Change: -0.05 (-3.51%)Faller - Aminex
Spread: 0.05Spread as %: 3.70%Open: 1.425High: 1.425Low: 1.375Yesterday’s Close: 1.425


Share Discussion for Aminex


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Tanzania
Posts: 385
Opinion:No Opinion
Price:1.375
Friday 4 January 2018
Today 18:00
I was very very anti a Placing. Imagine if the first drill was a duster !?! I like the idea of fully funded. I'm not going to cause difficulties. I will be voting 'FOR'.
 
Drewky
Posts: 6,807
Opinion:Strong Buy
Price:1.375
RE: Yes vote the right way
Today 17:49
Let's hope so but one dissenter isn't really going to scratch the % required. All sides are on the Yes vote it seems here.
kenrun
Posts: 770
Opinion:Strong Buy
Price:1.375
Exellent idea
Today 17:48
When you wake up in the morning would be the right time Mr. Burns, sweet dreams :O))
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 17:09
OK then,,, apologies for wasting all of your times. Maybe I'll wake up in the middle of the night and realise something which I've overlooked....
Drewky
Posts: 6,807
Opinion:Strong Buy
Price:1.45
RE: Yes vote the right way
Today 16:53
Mr Burns Pete may lay on the negativity quite thickly at times but stupid he is not. He knows as well as the rest of us that Yes is the only vote to be made here
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 16:18
Haggling involves saying no many times.... The door is open to other bidders and maybe a shout or two would help. Maybe the BOD are incapable of any of these simple things. Now there is a thought...So vote NO and find out.
As Crusty Pete says, we are going nowhere as we are.....

Look... you can say NO politely.... like in "come back later when you have your house in order"
CrustyPete
Posts: 9,866
Opinion:Hold
Price:1.375
RE: A NO vote is a no-brainer
Today 16:06
And as TB states if we couldn't get an alternative funding source when we had a Ruvuma License and still had money in the bank and an income (albeit small and dwindling) from KN1 what on earth makes anyone believe that the BoD could find money for anything now...?! With $0 cash, zero income, no license and the sword of Damocles hanging over our head from the TPDC?

If the perforation of KN1 proves unsuccessful and with any EPS on Ntorya a long way away and 100% contingent on two licenses and the successful drilling of C1, no money to develop KN South; without the bail out of the Farm-Out how long do you believe it would be before AEX was bankrupt Mr Burns?
gaslady
Posts: 4,776
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 15:59
oh I have mr burns... ;-)
VikingShrimper
Posts: 43
Opinion:Strong Buy
Price:1.375
RE: A NO vote is a no-brainer
Today 15:53
I don't know the scale of your commitment to Aminex Mr Burns but if the no vote won then AEX would be like the Norwegian Blue! You seem on a lonely mission and it is clear that other posters do not agree with your advice.
TarryBreeks
Posts: 2,510
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 15:46
I quite agree, terrible deal but we're backed into a corner with our trousers down and our CEO has told us there were no other viable options. We're being strangled by the machinations of government in the country where the asset we have discovered sits. I'll also remind you that Zubair Corporation own 30% of Aminex.

It's taken us 2 years to get to this point having achieved little since the results of NT2 with zero income and running on cash fumes I think brinkmanship at this stage would be madness.

The BOD have been outmanoeuvred, outwitted and whether or not they are complicit is, at this stage, irrelevant.
Drewky
Posts: 6,807
Opinion:Strong Buy
Price:1.375
RE: Yes vote the right way
Today 15:42
Who's buying a trinket?

I doubt very much that the first offer has been recommended but I have know way of knowing that other than to trust the board to negotiate but then again Mr Burns you have no way of knowing that the Bod have not haggled on the deal.
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 15:36
Ever buy a trinket in an African market? The first price is three or four times the final price. Can you imagine how unbelievable it must be to an Arab to have his first offer accepted?
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 15:31
Ever buy a trinket in an African market? The first price is three or four times the final price. Can you imagine how unbelievable it must be to an Arab to have his first offer accepted?
gaslady
Posts: 4,776
Opinion:No Opinion
Price:1.375
RE: Yes vote the right way
Today 15:17
wouldn't it be interesting if the bod bought more shares in the interim?

could they?
Drewky
Posts: 6,807
Opinion:Strong Buy
Price:1.375
RE: Yes vote the right way
Today 15:10
No point in shaking cages killer the Bod have already said what the fall back position would be in the circular.

I guess they would be shocked like most of us if the vote was no but they have laid out the situation clear enough
Killerwhale
Posts: 81
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 15:02
Bearing in mind the boards terrible performance and there cannot be that many LTH who are in profit.
Would it not be a good question to the board to see if they have planned for a no vote and shake the cage

Aminex have given away a prized asset away for very little in value to the shareholders if anything i expect ARA to buy up the required share in the new year
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 14:54
Gaslady...... you figure it out.....
mj152
Posts: 453
Opinion:No Opinion
Price:1.375
RE: Yes vote the right way
Today 14:49
Is this Mr Burns from the simpsons?
MAX-Power
Posts: 450
Opinion:No Opinion
Price:1.375
RE: Yes vote the right way
Today 14:44
Mr Burns a no vote will really ‘kill’ aminex. The only way Foward as one have suggested is to proceed with this. It’s not the greatest deal..but it gives us the opportunity to move 1 giant step Foward!
cperkin
Posts: 15,951
Premium Chat Member
Opinion:No Opinion
Price:1.375
RE: Yes vote the right way
Today 14:40
A yes vote is the only option. As for the assets here, I feel the same way about them as ever. disgusted at the Gov for not issuing a licence prior to the circular and probably not before the vote as they are asking shareholders to conditionally vote despite financing 10's of millions, close to $100 million to discover and appraise their gas for them at no risk to themselves.

Roll on the 4th Jan and some flow test results on KN-1, hopefuly before then.
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 14:36
Never at the AGM. I think that my daughter, who has also quite a few shares and for a very long time, may have attended, but perhaps that was the previous year.
Drewky
Posts: 6,807
Opinion:Strong Buy
Price:1.375
Yes vote the right way
Today 14:36
Mr Burns So why wait to rally troupes for your no vote cause until the door is shut. You make no sense at all and even the FOAK is agreeing with that.
MAX-Power
Posts: 450
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 14:31
Mr Burns were you at the AGM?
Mr.Burns
Posts: 53
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 14:30
Actually I have over 100K invested between here and SOLO, and currently substantial losses, which I could mitigate by averaging down. if I liked the environment more.

Please think carefully about giving the BOD an open hand with no time limit. Nice guys, they may be, but why take the risk?

Drewky, ask CPerkins who has replied to me over a month ago reassuringly, and I'm sure is now not so certain.
My posts are on the level.
MAX-Power
Posts: 450
Opinion:No Opinion
Price:1.375
RE: A NO vote is a no-brainer
Today 14:30
Mr Burns do you seriously own any shares in aex?
Are you on some kind of incentive... ?

Why are you still here? Why didn’t you sell when we had quite a few days of good increase? Don’t hide now...




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