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Aminex Share Chat (AEX)

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Share Price: 1.40Bid: 1.30Ask: 1.50Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.20Spread as %: 15.38%Open: 1.50High: 0.00Low: 0.00Yesterday’s Close: 1.40


Share Discussion for Aminex


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TIPTOP
Posts: 6,913
Answer
Opinion:Strong Buy
Price:1.40
Pzulba
Today 07:27
Morning Pzulba. Im a little confused as this story effects us in many ways. Yes its not expected until 2019 but once again more proof the government is planning to use gas for power production in a big way. It also mentions the Mtwara to Dar pipeline which will allow this project to work and is how our gas will be transported from the South where our largest gas field is located. Plus our gas and Orcas are the closest known proven gas accumulations to the new project.
presumably you have military background before your retirement?
 
pzulba
Posts: 35
Off Topic
Opinion:No Opinion
Price:1.40
RE: Tanzania
Today 01:41
TT re your link to AllAfrica, and their report of proposed 400KV Transmission Lines from Singida,to Nairobi, how does this proposed system link to Power sourced from further South?

Singida (and yes I've been there though only when I was a 'toto'- in the '50's) is in the middle of nowhere!!!

PZULBA - Out of Africa (Retired)
TIPTOP
Posts: 6,913
Research
Opinion:Strong Buy
Price:1.40
Tanzania
Thu 23:45
TIPTOP
Posts: 6,913
Answer
Opinion:Strong Buy
Price:1.40
almera
Thu 23:02
We were originally expecting 20mcf/d which is circa 3000 barrels of oil equivalent per day but now we've been told it could produce a bit more than 30mcf/d which is a whopping 4500 boepd. They will not want to produce at a greater rate so as not to risk the integrity of the well plus help maintain the longevity of production. The max output is 40mcf/d
almera00
Posts: 28
Off Topic
Opinion:Buy
Price:1.40
Life Span of KN1
Thu 22:48
I hope the flow rates are going to be a lot higher than initially expected. Greater demand from KN1 would explain the well to produce for 4 to 5 years and not longer..?
TIPTOP
Posts: 6,913
Answer
Opinion:Strong Buy
Price:1.40
Kiliwani
Thu 21:54
Old presentations used to state a circa 18 year well life, I'm showing my age but they are now just discussing the expected full production rate of 4-5 years before depletion begins to kick in. The rates of depletion across local fields is very low and well life from similar wells has gone on far beyond a decade and are still producing. So do you really think NR would be investing over $5m in Kiliwani if he was only going to get his money back in 3 years and profit for 1 or 2 ??
The well life is only guestimated by specific calcs done within the CPR but I haven't known a CPR be correct yet. Lol. There was talk years ago about the Kiliwani well being connected to Songo Songo gas field hence they blocked us from producing for 8 years. The reservoirs are almost identical depths with just some small differences although our Kiliwani well is thought to have deeper to water cut than Songo which is good.
grgmtg
Posts: 38
Off Topic
Opinion:No Opinion
Price:1.40
RE: NR Interview
Thu 21:35
But have they actually paid anything for the back in?
CrustyPete
Posts: 1,387
Observation
Opinion:No Opinion
Price:1.40
RE: NR Interview
Thu 21:29
I understand the concerns and the uncertainty regarding well lifespan but realisticaly do you think that th TDPC would have sunk a load of money in the spur to KN if they thought it would only produce for 4-5 years? Maybe but unlikely in my view.... There would have been better options to sink their time and money into....
irishmouse
Posts: 1,071
Off Topic
Opinion:No Opinion
Price:1.40
Delayed payment
Thu 19:37
I wonder if we can get some drills working,then pay them later.My feeling yesterday was no delayed payment from solo,promises don't drill holes!
mediator
Posts: 223
Off Topic
Opinion:No Opinion
Price:1.40
TT
Thu 15:34
Thanks tip top all adds to the coffers hey lol




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