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Aminex Share Chat (AEX)



Share Price: 1.85Bid: 1.80Ask: 1.90Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.10Spread as %: 5.56%Open: 1.925High: 1.925Low: 1.825Yesterday’s Close: 1.85


Share Discussion for Aminex


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antonyfree
Posts: 1,387
Premium Chat Member
Off Topic
Opinion:Buy
Price:1.85
28 billion cubic feet gross
Tue 22:09
KN-1 has been tied into the regional pipeline infrastructure and will deliver gas to the new adjacent Songo Songo processing plant, ultimately serving the local power market.

All gas produced during the build-up to full production rates will be paid for under the terms of a recently signed Gas Sales Agreement signed with the sole buyer, Tanzania Petroleum Development Corporation (TPDC).

Aminex will receive US$3/MMbtu (approximately US$3.07 per Mcf) with expected net cash revenues of US$10-15 million per annum according to the statement.

http://goo.gl/zQDSwC
 
cperkin
Posts: 498
Off Topic
Opinion:No Opinion
Price:1.85
WOW this is going cheap......
Tue 18:12
A little drama :)

If it falls much further I will have to raid the piggy bank and buy some more ;)

News is due on flow rates (agrre COD is the key) and also from SOLO on it's position for KN1 2nd tranche and news on their funding for NT2 & 3 drilling.

GLA
DYOR70
Posts: 1,436
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.925
View Thread (2)
RE: Dramatic headlines
Tue 13:57
What dramatic headlines?
Celticheart
Posts: 9,785
Observation
Opinion:Strong Buy
Price:1.925
Dramatic headlines
Tue 13:03
Interesting to see the dramatic headlines appear, could it be someone wants to make another trade
edgar222
Posts: 133
Off Topic
Opinion:No Opinion
Price:1.925
RE: Re. flow rate
Tue 11:36
Crusty

I am not aware of that interview. I do know the interview he gave when he spoke of local sales to industry and end users other than the TPDC but that related to Ruvuma not KN1.

If you have a reference or link to the interview you refer to I would be grateful to see it

Cheers
feelinlucky
Posts: 897
Off Topic
Opinion:No Opinion
Price:1.925
Flow testing
Tue 10:54
not such a bad thing really......let's run as much gas as we can get away with through the system! ;-)
CrustyPete
Posts: 2,864
Observation
Opinion:Buy
Price:1.925
SP on the slide
Tue 10:49
Trading prices falling.... :-(
CrustyPete
Posts: 2,864
Observation
Opinion:Buy
Price:1.925
RE: Re. flow rate
Tue 10:38
Yes edgar you are right BUT I was refering to a specific interview that NR had some months ago (coincided with initiation of T&C) when he referred to "growing the market" with specific reference to KN1 .... Infering that the was currently insufficient demand for gas to cover the anticipated 30 mmscf/d from KN1.

I am perfectly aware of the options regarding an EPS for Ruvuma (Madimba freeport and Dangote cement factory etc) - NR's was a different conversation relating only to KN1.
feelinlucky
Posts: 897
Off Topic
Opinion:No Opinion
Price:1.925
Re. Ruvuma
Tue 10:32
gas still has to go through the processing plant before onward to commercial users so would need linked up to the pipeline to get there. Suppose refers to demand coming from commercial end users??????
Webmoor
Posts: 674
Observation
Opinion:Strong Buy
Price:1.925
RE: RE: flow rate
Tue 10:27
Great selling at a higher price, necessary to remember no guarantee of payment!




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