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Aminex Share Chat (AEX)



Share Price: 0.95Bid: 0.90Ask: 1.00Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.10Spread as %: 11.11%Open: 0.90High: 0.00Low: 0.00Yesterday’s Close: 0.95


Share Discussion for Aminex


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gaslady
Posts: 4,909
Opinion:No Opinion
Price:0.95
RE: RE: Jay
Today 08:41
I'm sorry to hear about JB stepping down and wish him a speedy recovery.

What is needed soon is a CEO of the first rank to carry forward established plans and future developments.

I hope the board can achieve this before the longstop date.
 
fjones40
Posts: 3,364
Opinion:Strong Buy
Price:0.95
RE: RE: Jay
Today 07:17
Whilst it very tragic whats happened to "JAY" and the stress from the shareholders including myself because of the crashing share price, we must also consider the stress and illness that LTH`s have suffered because of the Statue Quo, not everyone has had the money or the skill to trade out of trouble, people do worry if there investments drop 40%, 50%, 60%+ and at least he got a large salary and pay-out when he leaves if it just stress that is, other invested here have died whilst waiting for AEX & Solo, I remembered a dear old chap last year passing but whilst he battled the big C he was hopeful of a resolution and I hope to god it not too serious for "JAY" no one would wish the man to be ill, but I guess what I`m saying is spare a thought for the investors too as they are helpless sitting on this gravy train and only got the SELL button as there escape, I personally think new minds on board will bring a new focus and maybe a positive change as we cannot continue as a one trick pony as we seen what effect it is having on the share price GLA !!!
Hawkspear
Posts: 1,860
Opinion:No Opinion
Price:0.95
RE: Jay
Sun 21:15
I stand by what i said on early Saturday morning and for the benefit of edgar222 what i was referring to is the demise in the share price which ultimately is the responsibility of the CEO and the directors. It's called the Buck stops there. Investing is usually associated with making a profit from your investment, occasionally you can lose a little bit, but I think over 90% is a little extreme, I'm so glad that I sold most of my holding at a small loss which has more than been recouped by another investment. The main reason for me selling most of my holding was that I had lost all confidence in the bod and just think that the zubs have probably got the best part of the deal, just feel that we have been sold out here. To put it bluntly this bears no resemblance to the company that I originally invested in, and to say that I'm bitterly disappointed doesn't begin to cover it. Perhaps some on here don't mind losing their money, but I'm not one of them and I don't care who knows it. There are some on here that prefer to arse lick the company and not complain when things go wrong and things have definitely gone wrong here. I still have a small holding here and I live in hope that the new CEO can turn this situation around in double quick time.
kenrun
Posts: 812
Opinion:Strong Buy
Price:0.95
RE: Gents
Sun 14:55
Here here Drewky, my view of Jay is also a good one, I sent an email on Friday with my best wishes.
Drewky
Posts: 7,741
Opinion:Strong Buy
Price:0.95
Gents
Sun 14:18
The road has been difficult in the last two years, it has cost many a good few pounds but paper losses are still on paper and should be more than returned in my view.

Whatever your view of Jay, mine is a good one, he's an honest fella and imo, he's not deserved some of the abusive flack he has received both on here and directly. He knows getting the blame comes with the territory but one thing's for sure, when this finally does get going, it will be because of what he has put in place!

I met Tom at last year's AGM and I have every confidence he will continue with Jays work to enable fruition asap.

Thanks Jay and good luck Tom
smudger63
Posts: 264
Opinion:No Opinion
Price:0.95
RE: Getting back to business
Sun 14:04
June may also tie in with the Tanzanian Fiscal year
share_talk
Posts: 6,253
Opinion:No Opinion
Price:0.95
Weekly Oil & Gas Highlights
Sun 14:00
And Aminex PLC (LON:AEX), the Tanzania focused group announced that Jay Bhattacherjee is stepping down from his position as chief executive with immediate effect for health reasons.

https://twitter.com/Share_Talk/status/1132615373617008641

https://www.share-talk.com/weekly-oil-and-gas-highlights-26th-may-2019/
Haggis1977
Posts: 656
Opinion:Strong Buy
Price:0.95
Getting back to business
Sun 09:50
Getting back to the game in hand, below is the news from 21 March, 2 months ago, with now 2 months to the long stop date.

There are only the Government sign-offs remaining, they have been working on this for more than 2 months, so I am thinking everything remaining will be signed off and conclusion of the deal in June, possibly in the next 2 to 3 weeks.

Aminex announces that all parties to the previously announced Ruvuma farm-out agreement have agreed to an extension to the longstop date to 31 July 2019. The Company and ARA Petroleum Tanzania Limited ("APT") have made good progress on closing out the conditions precedent, including all joint venture partner approvals, and are actively engaged with the Government of Tanzania to close out the remaining conditions.

The principal conditions still to be met are the extension of the Mtwara Licence and approval by the Tanzanian Government of the transfer of the interest and operatorship. The Company and APT continue to work closely with the Tanzanian authorities to close out these conditions as soon as possible.

Jay Bhattacherjee, Chief Executive of Aminex PLC, said:

"Aminex and APT have had positive meetings with the Tanzania Government regarding the Ruvuma farm-out and look forward to the continued support of the Tanzanian authorities in closing out these remaining conditions and, in so doing, facilitating the progression of the Ntorya Development and specifically the drilling of the Chikumbi-1 well."
edgar222
Posts: 837
Opinion:No Opinion
Price:0.95
RE: RE: Jay
Sat 15:39
Hawkspear

Not sure what you mean about wrong direction? Do you mean the Farmout? Because that is not dependant on who is CEO, having passed so comprehensively on the vote. And thank goodness.

If you mean the delays, that's the Tz Govt not Jay. But we have been over that ground many times.
Hawkspear
Posts: 1,860
Opinion:No Opinion
Price:0.95
RE: Jay
Sat 00:31
I would never wish anyone any ill, but I'm of the opinion that this company has been travelling in the wrong direction for a long time now, so maybe it's a blessing in disguise that Jay has moved aside and let someone else take the strain. It's obviously not doing Jay's health any good and at the same time it's not doing any good for the company or for shareholders, so maybe best all round that he has quit. I've thought for some time now that this company has been badly mismanaged and now we know why. I hope Jay has a full recovery from whatever ails him, but the fact remains that in business there can be no room for sentiment no matter what the circumstances are, if the man is not fit enough then for the job then he should be replaced with someone that is.
apbristow
Posts: 33
Opinion:No Opinion
Price:0.95
RE: Jay
Fri 23:30
I wouldn’t wish ill on anyone but, to be honest, from a corporate, commercial and shareholders perspective this is probably the news we’ve been waiting for. Spooky parallels with the national stage! Now we can move
forwards; albeit it’s not entirely clear what forwards yet means. Best wishes to Jay, Best wishes also to Aminex. May both enjoy a swift and complete recovery. I suspect the tide may now have turned.
HonestTom
Posts: 274
Opinion:No Opinion
Price:0.95
RE: Just seen the news re Jay.
Fri 22:47
That news puts things in perspective, hopefully you have a full and speedy recovery Jay.
cipro
Posts: 1,458
Opinion:No Opinion
Price:0.95
RE: Just seen the news re Jay.
Fri 19:11
Ditto there magic all the best to jay
NorthernMagic
Posts: 1,238
Opinion:No Opinion
Price:0.95
Just seen the news re Jay.
Fri 18:34
Hope he is soon on the road to recovery and if he is starting to undergo treatment that the treatment soon gets to work and he has a good recovery. Have lost or have had a few friends struggling with Cancer of late, so I wish him well for the future in his battle.
Atb,
Northern
MAX-Power
Posts: 545
Opinion:No Opinion
Price:0.95
RE: Jay
Fri 17:22
frogles, - it seems my contact got it absolutely correct.... funny thing is alot that was spoken sounded logical. I look foward to the next step.... will be a bumpy ride.

Despite all i wish Jay, to get well soon.
fjones40
Posts: 3,364
Opinion:No Opinion
Price:0.95
2K Out OF Solo @ 15.24pm
Fri 16:37
and I suspect into AEX @15.50 in chunks good play and put us up 5.56% (HAPPY DAYS FOR ALL) GLA
fjones40
Posts: 3,364
Opinion:No Opinion
Price:0.925
Nice Surprise Ending On BLUE Day !!
Fri 16:16
NICE GLA AND HAPPY BANK HOLS !!!
email
Posts: 683
Opinion:No Opinion
Price:0.875
AT THIS RATE.....
Fri 15:00
.... we're al going to have SERIOUS health problems.
VikingShrimper
Posts: 103
Opinion:Strong Buy
Price:0.875
Price
Fri 14:54
More purchase value than sale value but we are still down today.Come on MM's do your job right!Play a straight bat!
GLA still all to play for
alreadyinuse
Posts: 1,040
Opinion:Strong Buy
Price:0.875
RE: Jay...
Fri 14:28
To late everyone calling bod for taking huge salary for doing sod all no sentiment in this game none of them give a toss about us. What's the sp
smudger63
Posts: 264
Opinion:No Opinion
Price:0.875
RE: Jay
Fri 13:08
And there's the price drop, MM's reading the BB conspiracy theory......yawn. They wear too much aftershave, skinny trousers and brown shoes.
smudger63
Posts: 264
Opinion:No Opinion
Price:0.90
RE: Jay
Fri 12:23
Yep, no coincidence in my mind that the market has priced in the news about JB over the last couple of days trading. The RNS gets logged a few days in advance. Would have been hugely disrespectful to slash 10% on the back of that news, hence no movement today. You could argue that we have been on a daily the slide awaiting news but the last two days were extraordinary. It's very smelly in my mind.
fjones40
Posts: 3,364
Opinion:No Opinion
Price:0.90
RE: Jay
Fri 12:06
yep always people making money out of other people misery, it quite clear some were in the know however we cannot know whether this will be positive going forward or negative and I guess if we do have such a great asset then there will be plenty of CEO`s wanting to come on board and take this ship threw the coming storm "WATCH THIS SPACE I GUESS" GLA !!!
smudger63
Posts: 264
Opinion:No Opinion
Price:0.90
RE: Jay
Fri 11:46
Well, wishing JB the best of luck fighting the health concerns he is facing. Thank you JB for the hard work that has been put in. This market is a cruel environment, SP dropped 5% for the past two days without significant news, then this RNS drops. Is it me, the market seems to feel no shame making money on the back of someones misfortune.
fjones40
Posts: 3,364
Opinion:No Opinion
Price:0.90
RE: Jay
Fri 11:19
when the CEO comes in we will see what direction the company goes as it can only go one of three directions:-

1. Bust !!!
2. "Takeover" at a terrible price and all LTH`s lose most of there investment.
3. We carry on in the hope we get the Licence and KN1 up and running.

If it is 1 & 2 then it a case for the "Serious Fraud Squad" as this has been planned for months to go down this paths although 1 being unlikely, the problem we got Froglegs and Max Power at the moment KN1 is not producing so everything is goodwill so we will get the minimal price hense circa 0.70p, personally thinking the board better off sticking it out to the end result good or bad as we come this far GLA




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