there's always a big gap between what a company's assets are worth and what the share price sits at. If we get a takeover offer it would be at a level lower than what the assets are worth! It will be a long time before Aminex gets anywhere near half of what it is worth, but the next few months will be very exciting and we should get plenty of movement upward from where share price is at now (and don't forget....... do your own research!)
I have now, been accumulating since I disposed of most of my QPP.L shares over the last few months after sitting on heavy losses - all in my SIPP here
My large position means I have a serious interest in doing research and protecting my investment, but although I have been investing for a number of years I am new to the Oil & Gas sector
My main question at the moment is why, with our huge resources that will be boooedk shortly are we so very under-valued. The current market cao is small change to a major so why do they simply not buy us for $50m and then milk the assets? There must be a reason for that. I know the pipleine is not complet etc but majors are clever enough to know its imminent. I am heavily invested but I don't get why we are where we are with regards to valuation.
Congratulations, on paper you are potentially a millionaire with enough on top to buy the range rover! Of course in reality it would take a few more drills and a couple of years to prove up the resources and maybe a takeover offer or two or farm out of our offshore PSA's, but the potential is there.......
had a go at calculating. Kiliwani 52% of $53m =$27.56m. Channel fairway estimate (5000bcf / 179bcf known for Ntorya-1 =27.93 x $215m = $6,004.95m for channel fairway. $6,004.95m x 3/4 = $4,503.71m for our 75% share of Ruvuma channel fairway + $27.56m for Kiliwani = $4,531.27m estimated mcap potential ......please correct me if wrong.......of course does not include any oil play potential
Great point. I dont get it either. If its all in black and white, the potential and value etc, then surely all the big investors / players would just load up and sit tight. We discuss this on a public forum but there are thousands of investment companies out there who have far more knowledge than us.
As with a lot of things. If its looks to good to be true.......a
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