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Tanzania,
You have been blatantly promoting Aminex, here and on the Aminex forum. In April you were celebrating the imminent success of Aminex on this forum, all under the guise of countering my warning/expectation that Aminex may default by the end of 2020.
Remember that I was essentially the only person that refuted most of Tiptop's outrageous claims (all obviously leading to extraordinary wealth very quickly), that I warned long time ago already that production from Ntorya is many years away and that Ntorya remains an expensive exploration & appraisal project. I was I think the only person that dared to recommended Aminex as a "strong sell" at 7p. Of course I got crucified for this, but had you listened to me, you would have been much richer than today. Yes, I do think the company is at a serious risk of defaulting soon, sorry if you disagree, but I won't change my view because of that.
But I guess your answer is a clear "No" then.... you will not apologise on this forum for all your hyped-up messages that you have posted here... Funny that you asked me the same in April , when you were claiming victory already.... ( see you message below)
Good luck Tanzania, I'll be happily observing the coming few months from the side-line. I could become quite interesting for Wentworth in fact, so perhaps excitement will return.
"Thought today's announcement would interest some of you on this forum. After all, more than one of you here has continually forecast the imminent demise of Aminex. It's time to eat humble pie and consider an apology. Remember, the deal means Aminex plc are fully funded for a $40m work programme with amazing acreage. What's not to like ?
• Acquire 200 square kilometres (surface coverage) of 3D seismic (min. expenditure of US$7 million)
• Drill the Chikumbi-1 exploration well (min. expenditure of US$15 million)
• Complete the negotiation of the Gas Terms for the Ruvuma PSA with the Tanzania Petroleum Development Corporation
• Using the data gathered from Chikumbi-1 and the seismic acquisition, prepare and submit an application for a Development Licence for the Ntorya Location area."
My guess is Mick, most on here would recognise the difference between someone politely promoting a company and someone else continually saying a company was going broke ! When I say 'promoting a company politely, why did you leave off my last sentence "best wishes to all" ? There is no reason that I know of why government will favour Wen or AEX when it comes to granting Licences and what our CEO has bravely done is good for the good of all and your company in particular. I hope some of your fellow investors will salute our CEO Robert Ambrose !
You are deflecting again Tanzania. I think my question was pretty clear: are you going to apologise for all your hyped-up nonsense that you posted here all these years? How many people did you dupe, essentially with your refusal to acknowledge any risk or downside.
“The attraction to stay on is the Omani's wealth and driving force. Can I suggest to you, if licence approval is received, you bunk over there fast to catch the huge rise acoming”
Just another example. Even if you think that the chance of the above happening is 50% (personally I think it is less than 10%), would you buy more shares?
I predicted that Aminex would be bankrupt by the end of 2020, and I have not seen anything to change my view. The company technically bankrupt already. Saying that, I fear that Bob will consider a rescue.... and waste a lot of money on it.
Another Tembo in the making.
You'll have to let me know what I need to apologise for Mick so do let me know where we stand in 2 weeks time.
How many times have you said Aminex are going Bust ? Iv'e lost count . But if our Farm Out is approved I hope you will reciprocate with a suitable apology.
Take care.