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"I can see him now, all dandied up "
Ah RoJo, and I can see you now, In some seedy boiler room typing your posts and being given tea by a sad old boiler. Lol 😀😅
At least seven years you've been here worrying for everyone else RoJo. You must be feeling old and turned grey yourself, you must have gone through a few keyboards in that time too 😜
I can see him now, all dandied up with greased-back hair and a quiff, hanging around outside the Balham Hippodrome on a saturday night.
He's still waiting BG.
Glad you see it as positive news RoJo, 🙂
"TPDC MD Mussa Makame added that the completion of the project would enable the development of other natural gas activities to be carried out, such as the construction of infrastructure to collect gas from wells and for preliminary cleaning, the provision of water and the construction of a 34 km pipeline to transport natural gas to the processing plant located in Msimbati, Madimba in the Mtwara region."
Yes BG, and Tanz was a young man when he began waiting for some positive news from Aminex.
RoJo, can you read the board behind Mussa Makame and KS Energy Group CEO Steve Martin. You know they reckon there's alot of gas in Ntorya, can't wait to see the CPR 🙂
I think it would be helpful if we split the various posters here into like-minded sub-sets.
First one - The Lunatic Fringe.
Now, who I wonder would fit here ?
BG and UWE for sure. Others ?
All these posters with grave negative doubts why don't they sell and go somewhere else.? We keep seeing the same boring monotonous drivel posted on here. It's like the same old boring scratching record time and time again. FFS give it up.
"...and does Aminex have ANY CHANCE of actually getting gas to market and selling it for a profit ?"
Duh !
"and even that was signed by Ndovu and ARA !"
Dur !
...and does Aminex have ANY CHANCE of actually getting gas to market and selling it for a profit ?
Pigs might fly I suppose...
...and even that was signed by Ndovu and ARA !!
Signed a GSA contract last week.
When did Aminex last actually DO anything ?
Of course if a viable solution ( new well, re-entry etc) then they will. Re the 3D seismic, I wonder how much if any, of the designated area to survey was completed, before it was cancelled. It might be that the had managed to complete the land based area which contains the Kiliwani North prospect?
"Licence expires 2036 with no further commitment"
"Scaremongering"? Total nonsense BG. As I reported after the AGM (and as, I hope, RogerJolly will attest) they have to show operational progress every year and have an obligation under their license to do so; certainly if they wish to remain operator. They were expecting the 3D seismic to tick that box for 2023 and even that failed. Production from Ruvuma may have given them the possibility of having sufficient cash to progress the development in 2024 but even that inow seems unlikely. Will they get seismics this year? I cannot claim to know but without that or some other material progress they are at risk.
"Production Focus (Kiliwani North Development Licence)"
"Licence expires 2036 with no further commitmentsThe company is preparing for a low cost remediation of the Kiliwani North-1 well in order to restart productionExisting gas sales agreement and gas plant with capacity to tie in any new wells"
" - just as Scirocco are and always have been. Have you looked at how Scirocco are categorised? An AIM Investment company! And if AEX cannot point to progress at Kiliwani they are likely to have to give up that license."
Crusty, Aminex has a 25 year development licence over Kiliwani, with no further commitments. They are under no pressure from TPDC to give it up, to suggest they will or might is scaremongering.
...and to remind you guys, Aminex has no drill or drill pad, there is no sign of a pipeline, and if (and I doubt) there is an interpreted 3D seismic and a CPR report, they are with ARA not Aminex.
Crusty
Have a look at CHAR before and just after it's CPR and Anchois drill. On CPR upgrade it climbed a little but that was nothing compared to its climb on drill results.
If CPR confirms anything above 5Tcf with 1Tcf+ net to AEX and the CH-1 drill proves this up then watch what the sp will do.
CHAR 10 bagged from CPR to drill results. AEX can do that from here quite easily.
Got to catch a train, so bye for now!
GLA