Great to hear Jay highlighting the growth plan for our company. The Zubs did not invest in Aminex to watch us drill 2 wells a year. As many on hear are very aware I've been waxing lyrical about the prospects of Aminex taking on debt to drive us forward. Debt backed by investment into a good producing or near term producing asset with guaranteed profit margins is a great way for us to grow at pace. This form of debt is very common in this industry and offers us many opportunities, especially with our new income from Kiliwani and wealthy backers. Tanzania is booming and we need to be at the forefront....... For this we need to make things happen and create our own opportunities !!
Not a problem Irishmouse. I just thought it would be interesting to see what different people thought. Lots of people recently and it's reasonable have made estimates as to what the results of drilling would be if the estimates were accurate when converted into dollars then pounds. I appreciate that we will not have a better feeling until we get the drilling results but was just wondering what shareholders might be expecting. I truly hope it's a great year next year with better than expected results which will reward the long term shareholders who've had more than their fair share of concerns whilst holding Aminex over the last few years - myself included! GLA
Thanks for posting, I'd completely forgotten about that interview. Interesting only in how little was actually said over the 8+ minutes of interview time.
The only ounce of candour was near the end, where JB states that the company has a clear mandate from shareholders (Zubairs, Majedie) to significantly grow the size of the company, through acquisitions as needed. We know this already but is good to hear reaffirmed.
NM,in reply to your question,to be honest we really don't know what it will be next week or next month.The share price is rather volatile and can be all over the place.Some posters on this board have been waiting for a number of years for AEX to develop to its full potential but have only seen fals starts.I have no doubt that the share price will see 5p,10p or even 25p,the only thing is I don't know when.
Hope this helps,sorry I could not give you the answer you probably wanted to hear,just being honest and realistic.
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