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I am not scare mongering. I am invested in here. Just writing whats going through on Level 2. We should be over 1.50.
Bobat123 scaremongering?
4m shares is 0.095% of the stock.
Laughable!!!!
Calm down bobcat
I like the February2024 shard capital report...:-)
https://aminex-plc.com/wp-content/uploads/2024/03/Shard-Capital-Aminex-Ruvuma-29-02-2024.pdf
Lots of big sells printed. Peeps selling out. 4mill roughly in total. BOD needs to release rns. License rns would be ideal
Looking good team! Change is coming
https://aminex-plc.com/
Not long to wait until the end of year financial results. Needs to be issued by April 30th, so one way or another there will be an RNS in the next 7 days with an operational update, whether they want to or not.
But just remember, ARA will vet everything AEX put in it. With ARA being non listed, if they don't want news out then it wont be put out, regardless of whether AEX legally have to. The get out is "Well ARA never told us the Licence was granted so how can we notify the market, we're not the operator"
Either way, things look to be hotting up.
Tick up
Almost immediately after the tweet.
The Deputy Prime Minister and Minister of Energy said the license had been granted.
What does granted mean? To me it means signed off by those at the top of the Tanzania Government.
Once signed off it still has to go through government procedure the issue the license to ARA. This is what we are waiting for, nothing more.
The wording there hints it is very close, but yes would ve great to see that RNS with some meaty bones
Written confirmation and / or signature still awaited.
The sense of anticipation is palpable...
Hoping for the biggie
I certainly agree, Roger, that the tweeting starting up again is not just coincidental. It started on the same day as the press reports of licence sign off. It does suggest they know its coming. The absence of an RNS gets more curious with each day. Maybe the Govt really is waiting for a ceremony? It can't be that Ara are not giving them information to put in the RNS, surely?
Am still hoping for an expanded multi-well plan! But licence, reserves/resources improvements, CH1, and announced workovers will do too.
Knights MPR Instagram feed also coming alive…
From the wording in the tweets it sounds like its all agreed
My word Joyo is that excitement I detect. Are you sure you are posting with the right ID? 🤣
#1 of 3: 2024 is shaping up to be one of our busiest years yet as we take part in Tanzania’s largest onshore gas development, Ntorya.
#2 of 3: Together with Ntorya’s operator, ARA Petroleum, we have much work to develop the field and start producing gas for the growing domestic gas market, ensuring energy security for Tanzania.
#3 of 3: To access all the details of the next steps for the Ntorya gas development and read our latest announcements, go to our website at aminex-plc.com
#Tanzania #natgas #energysecurity #africagas #eastafrica #ongt #onshore #offshore #pipeline #investors #shares
News on Aminex Twitter
It's good to see the share price maintaining the above the 1P level but I think we are here for a while and may see a slide back below the 1P Level with a spread that makes dipping in and out difficult to risk.
Unfortunately it does look like the Information on the development licence was just a ministers words brining misinterpreted and it is still under negotiation.
If the Development Licence had been formally issued to ARA / AEX last week there would have been a legal requirement to issue the RNS as soon as AEX became aware of this critical information and I serious doubt AEX would hold back as it would unlock a lot of external investment potential. That has not happened and we are back in the waiting game.
I have no doubt the licence will come in due time and our patience will hopefully be rewarded, I still believe (hope) the share will be up around the 4p mark by the end of the year!
Lets hope AEX time is approaching
what do we need
A good PR opportunity for the minster to announce the licence as been issued if it has not already - anybody know of any
With the FT hitting an all time high it would be good to have a first class RNS for our share price and we might even get to the top of the leader board again - with a predicted reducing base rate it should stimulate share prices generally over the next 12 months.
The Daily Telegraph business section predicts that oil and gas shares should do better than other sections in a rising market - lets hope so.
There seem to be an awful lot bailing out now and not waiting for 2p.
I think I'll wait for an official rns from Aminex rather than recycled conjecture from Ham n eggs.
Keep it mind Rojo isn't denying, he's gone at a share price of 2p for his holding
OH well - no RNS or confirmation of development licence.
Still, we've got prosciutto to look forward to on wednesday.