Sustainable news flow is also very important in the current market climate. We have a raft of news due over the coming months highlight with some game changers. The key being that most small caps get pumped on inadequate news that does not add any value to a company for one reason or another. There is no point finding oil on the moon but trust me this share price would fly for a few days if we did, only for people to realise it would take a hell of a long pipeline & the invetable sell off. Lol My point is a CPR is actually used to set the value of a company. We already have a very good idea that ours is going to be at least as good as our last, which was immense. This time we have a pipeline in place to properly exploit our resources. We have huge producing wells, more gas/oil than you can shake a stick at, no debt and soon to be profit making. Hallelujah :-)
I absolutely agree; the most important game changer for AEX is positive income flow - the stronger the balance sheet the better. I have seen too many companies erode all shareholder value by a continual dilution of pi's interests through refinancing and share dilution.
So my view is that the share price may or may not rise on the series of forthcoming announcements and most of these fluctuations will be short lived (either way). The game changer is INCOME......
I very much agree about market sentiment. However we currently do not have any income so the sooner Kiliwani comes on line the better, I really don't see how that could be viewed negatively . That is just one well though. Jay has already stated he's been in talks re a gas hub near Ntorya. This would be huge news and great for the country. Tanzania needs Aminex to prosper so we can supply plenty of gas so I'm sure this decision will benefit all involved. In 6 months time imagine the difference!
Those are confident words TIPTOP; so are you saying that we will get more for our gas than the TPDC offered Wentworth? I don't think so. And if we get less what will the short term effect be on the AEX share price.....?
As I said below, for me, it is not a concern either way but if I were a short termer looking for a bounce on the GSA announcement I would be getting ready for a disappointment; unless of course it comes out at the same time as a very good CPR RNS.....
Technically they will have a choice of Suppliers, however I suppose the flipside of that arguement is that they need all the gas they can get so NEED Aminex ;-)
Your point about Jay delivering is fair TIPTOP, I do have every confidence that he will continue to do so, although the CPR was promised for Q3 and that has not been delivered, although there may be good strategic reasons for holding back on that.
Jay has already stated they are desperate for our gas and we our one of very few who can supply them. They will not want to tie themselves down to one supplier otherwise it creates the same monopoly as the current situation. We will sell our gas and we hold all the cards
That's a fair assessment pete and like you, I am not a short termer either
I see massive upside in this Company over the next 3-5 years. My only slight disappointment is the share price has not moved up to the 4-6p range as predicted by Malcolm Graham-Wood. His view was with the CPR and GSA coming that is a fair short term target by end Nov.
At their choice because it can be sold at well head methinks; thereby giving TDPC the strongest negotiating position. Who else can AEX sell it to?
I will admit that I think the deal is done and the price already determined - and Jay did seem quite pleased with the outcome if his smiles at the interview are anything to go by; however markets are fickle and any perceived "underperformance" in the strike price on the announcement of the GSA could be something of a damp squib.....
Longer term this is of little importance compared to the income and balance sheet benefits but as I say, it won't help the short termers. Thankfully I am not one of them.
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