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Yes Crusty!
Much more likely!
I wish you well with your Euro lines Tanzania. Fingers crossed!! ;0)
And just to stop Rojo saying it - you are more likely to make a fortune on the Euro-lottery than with AEX...
No, only joking Tanz :0)
Crikey, Rojo lowering his exit figure to 2p ! I've done my usual 4 Euro lines for tomorrow so you have my word, if I come up, I'll end the misery days for all of you wonderful souls (Crusty et al) by keeping the faith! Oh yes I will. Then, onto the Shard ON ME.
I too will look to sell the lions share once sp reflects what we have although it won't be at 2p
GLADYOR
Forgot the BUY sign (Crusty will never forgive me)
They could have done that at 0.45p and at anytime before, the fact they haven't speaks volumes.....it's just Tanzania time, well known to work on a different time range, maybe due to high density of the Rift valley (think singularity) XD
This whole situation is a result of a calculated plan to get control of the asset without giving shareholders any benefit. The government,tpdc and ara are in cahoots with each other to get aminex to run out of money so they can take over with little or no cost to themselves.
I'm only rarely in London these days Crusty.
We are grateful for your AGM attendance and reports but does it make any difference?
Whatever is said, or written in an RNS, the SP goes nowhere at best.
If it gets to 2p I'll be out as well.
I may keep a few Rojo, just so that I can attend the AGM and report on it for the likes of you and others who, despite living in London, can never be bothered to attend! ;0)
In truth yes I may keep a few but I will certainly be selling the lion's share of my holding and, likely as not, I will revert to my more usual tag of "Hold". As I have always made clear the tag I choose to apply is not a "recommendation" it just reflects my current "attitude". If I am or have been buying it will be "Buy" but after retirement I will certainly not be buying any more.
Don't be silly!
Wishing it success doesn't make it a success.
If the SP reaches 2p I'll get out with half a shirt on my back.
And Rojo, you will never, ever wish our investment success !
Doubt it Crusty!
As long as Aminex exists you'll be posting with buy recommendations!
Well let's hope that the end of that journey is close Tom. I don't think I could suffer any more of this exasperation post my eventual retirement. So that kind of limits it to 2 -3 years max; that is as long as my patience will stretch.
It's been a long road Crusty, I was here for NT1 and then NT2 was 5 years later, crikey, they're getting slower. Yep a bit of sprayfoam at Kiliwani wasn't it lol. Think of all that revenue we could have made in all those years. I remain invested for the asset, and let down by humans.
There is no need to be so rude Mr Moi, you've got 3 pages of history having a pop at Tanz. You're guilty of everything you accuse him of. Hopefully you'll keep to your word and ignore him.
Keep the faith Tanz, news must be...imminent...
No one other than you mentioned Crusty. I have made my feelings about you quite clear.
Switch pills to the blue ones and go back to asking about people’s wives again, I shudder to think why… I won’t be responding to you again, most annoying things go away when they are ignored. Shut up.
What about you stopping the 'P' Word Mois ? I have two aims in my life, to live longer and for AEX to be successful. I can't imagine that Crusty Pete's happy you should imply he's on Prozac, just because he supports 'Buy'. I believe there's more on this chat board that want our investment to be a success, than others such as RoJo et al!
Mine either, are you not inteligent enough to work that one out? In exercise of my free speech: You, or at the very least your persona on here, are/is a massive T**T and never, ever, post anything productive, usefull, insitefull or inteligent. Everyone is dumber for having read any post you manage to dribble out on here. You detract from this board in everyway possible at every given opporutnuity. Stop creeping Rojo out by asking about his wife.
I repeat Moi after many long years invested in Aminex and using this Forum, you cannot prevent my free speech Don't like it ? Go back from whence you came.
Highlights of the week
" Sadly, it's always next year." 1. winalot
" ... or the year after that." 1. RoJo
= = = = = = = =
Re: Q4 of Orca Energy Group
“2023 was a challenging year for Orca, driven by considerable macroeconomic fluctuations and company specific uncertainties. Despite this, significant time and resources have been dedicated to planning for identified field development opportunities to support future production volumes.
The growing electricity demand in Tanzania has led to an increase in gas supply requirements. In response to this, we formally requested the Tanzania Petroleum Development Corporation to initiate the process of extending our development license in accordance with the terms of the Production Sharing Agreement. Extending the license will allow Orca to continue optimizing existing facilities, boost well and reservoir performance, and ensure a reliable and sustainable supply of natural gas within Tanzania's energy framework. During March 2024, a preliminary planning meeting was held with the Government Negotiating Committee to discuss the timing around negotiations. As we enter this critical period, I would like to emphasize the urgent need for all parties involved to engage in agreeing on a path forward to license extension.
2024 remains a critical year for Orca. We are prepared to commence several near-term operational projects, but there are a number of outstanding commercial matters that need to be addressed, in addition to the relevant parties involved agreeing a path towards a license extension. The Board and Senior Management recognize the importance of reliable and sustainable domestic gas production in Tanzania, so achieving further commercial development in the near term is imperative to progressing our operational work programmes. We will keep all our stakeholders updated as the year continues, updating the market as appropriate.” 1. Jay Lyons, Chief Executive Officer
" There is a risk that the Company may not be able to convert Tanzanian shillings to hard currencies, such as US dollars, in the future as and when required. It is not known when the foreign exchange reserve deficiency in Tanzania will be remedied, if ever." 1. 2023 Orca Energy Group Annual Report
Whilst producing at 121.8 MMscf/d, Orca Energy Group lost ($0.02/sh) in Q4. Look up the large currency exchange loss. If Orca Energy Group is unable to generate a profit, it raises the question of how Aminex could possibly be expected to do so.
Scirocco is finished and Wentworth has given up. Both Orca Energy Group and Aminex are being squeezed.
" The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth." 1. Niels Bohr
Just pointing out, to you, some issue with the way you interact. Take it or leave it, although I do hope you take it and stop mentioning the ‘G’ word, his wife and attacking anyone who doesn’t pop a Prozac and sing around the campfire at how amazing the stock is. The SP is at rock bottom, Rojo etc are, unfortunately for you, completely in the right with their outlook on the stock. When it climbs above 4p you can shut him up and I’m sure he’ll be happily eating the most humble of pies. Until then, shhh on your current line of aggressive behavior towards the non Prozac crowd.
Yes Mr Moi, he is going a bit weird. A little worrying.
Was it you Moi that once said Rojo cared for our investment ? I think you're wrong and you cannot stop freedom of speech on this Forum however you much you would like to have me stifled !
Stop asking about his wife over and over, he’s not going to answer and you’d only be rude if he does, it’s getting creepy now. Stop mentioning the grudge over and over, I feel we all have PTSD when reading anything from you starting with the letter G. And yes he wants the share price to only get to 4p just to win an argument, he would hate to make money, like anyone here.