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AEX Share Chat - RSS Feed

Aminex Share Chat (AEX)



Share Price: 1.75Bid: 1.70Ask: 1.80Change: 0.00 (0.00%)No Movement on Aminex
Spread: 0.10Spread as %: 5.88%Open: 1.80High: 1.80Low: 1.725Yesterday’s Close: 1.75


Share Discussion for Aminex (AEX)


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JoeCreed
Posts: 3,877
Off Topic
Opinion:No Opinion
Price:1.93
Youngbuck87
22 Jan '15
Thanks for posting, I know you didn't have to, but nothing new there IMO.
 
J-KJager
Posts: 138
Observation
Opinion:Strong Buy
Price:1.93
View Thread (3)
gaslady
22 Jan '15
Indeed - grazie molto for adding, and yes, Northcote figures would be welcome as well to settle the uncertainty. What this all amounts to of course is the key that is required to unlock the door, that key being funding or a partner with funding. Firstly to sort out the debt issue, due to (was it?) Argus / some Cypriate outfit, by June this year (please confirm I have this date right?) and secondly to fund everything going forward. Personally I would be very surprised if there weren't discussions going on in the background, as it was always the intention to obtain further survey data to strengthen position for a lucrative farm out to enable back payment of monies spent and funds to cover drills etc going forward. And they're going to need a stack of cash to materialise the true worth of what they are sitting on. I think it's too early for these guys to sell out as they know there is a shed load of value under their plot of ground and they won't get full dollar until they prove some more of this up through further drilling. They absolutely have to raise funds and this has to be by way of either a farm out, or as Tiptop has stated on several occasions some kind of loan arrangement (name of which escapes me now) - I feel the latter is possibly more likely given the appointment Tom Mackay and his status as a Partner at Gemini O&G Advisors who act as tech and finance advisors to Gemini O&G Funds. The fact they invest in appraisal and development projects globally is too good a match to what is required to be a coincidence. If I were investing a stack of cash in an outfit I would be much happier if one of my people were involved in the outfit I was investing in. I think a lot of the building blocks are in place, but the Tanzanian Minister better get his backside back from Davos and sign that piece of paper that is sitting on his desk pronto!!! This will unlock many actions that are currently pending and which are only likely to progress when the uncertainty of an unsigned GSA is removed from the equation....
castle2012
Posts: 325
Off Topic
Opinion:Strong Buy
Price:1.93
markets
22 Jan '15
Slightly down in advance of ECB announcement. My feeling this will ralley once the money starts flowing
mike1966
Posts: 1,215
Off Topic
Opinion:No Opinion
Price:1.93
Let's be honest
22 Jan '15
We the long suffering pundits are well and truly f****d off so let's not flower it up. To many let downs. I want positive news and profit so I can get out and move on. Simple as
gaslady
Posts: 483
Observation
Opinion:Strong Buy
Price:1.93
Young buck87
22 Jan '15
The minister for energy is in Davos with the Prez until Saturday the 24th for the World Economic Forum Annual Meeting 2015

http://allafrica.com/stories/201501211347.html

So it could happen after that when he gets back.

I know it's a cliche but I wouldn't want to be out of this over the weekend...

GL
gaslady
Posts: 483
Off Topic
Opinion:Strong Buy
Price:1.95
View Thread (2)
RE: As requested
22 Jan '15
Many thanks for that.

Looking promising!

GL
Youngbuck87
Posts: 877
Research
Opinion:No Opinion
Price:1.95
View Thread (2)
As requested
22 Jan '15
Wouldn't want to be seen as a bul*shi*ter

"Final contracts have been negotiated. We are waiting for news from Tanzania on the gas sales contract which we understand is on the Ministers desk. Africa moves at its own pace."
gaslady
Posts: 483
Off Topic
Opinion:Strong Buy
Price:1.95
View Thread (2)
RE: Time for update; Part 4
22 Jan '15
nice update - however you've missed a bit:

18 December 2014
Solo Oil plc (AIM: SOLO) has been advised by Aminex PLC ("Aminex") that they have updated their internal resource estimates in the southern part of the Ruvuma Petroleum Sharing Contract ("PSC") area, in which Solo holds a 25% interest, from mean initially in place gas of 2.3 trillion standard cubic feet ("tcf") to 3.2 tcf.

Oh... and the production payments of $10 per barrel from US sale to Northcote.....

GL
gaslady
Posts: 483
Off Topic
Opinion:Strong Buy
Price:1.95
View Thread (2)
RE: Youngbuck
22 Jan '15
Neither can I.

Just say what you've got to say - you don't need to quote a source - we can all individually form a judgement.

GL
Eliwallach
Posts: 793
Observation
Opinion:No Opinion
Price:1.95
View Thread (2)
Youngbuck
22 Jan '15
I can't take that post seriously mate





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