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Agreed, the cone of silence is annoying though, as is fictitious dates with no information when they pass as to why it didn’t happen and when it will.
Mr Moi, Aminex are not running the show, they can't say anything until the operator ARA informs them
All this energy should be pointed towards Aminex’s directors. One thing everyone has in common, we are all annoyed… it comes out in different ways. Should be aiming the howitzer at the directors, not each other.
Lowered your out price now then have you? Never did believe you were a holder
Don't be silly Drewky !
I've made it clear that I think there's more chance of rain in the Sahara desert and that the moon is made of cheese than Aminex reaching 4p.
Btw 7 years here everyday desperately waiting for a 4p doesn't exactly sound like you good a pick winners
Still baiting master are you 🤡
I guess with your record of stock picking and erroneous projections jolly boy drewky you can only take refuge in personal comments.
When if ever are you going to post something accurate?
Investing is about picking winners. I don't think you've understood that have you?
Rojo got another relation on here I see. Apache Mark 6.
Guys before you get over emotional speaking up for RoJo, you should look back at his own posting record. He has been here baiting and sniping at people constantly for six or seven years. Him and his multitude of IDs across many forums show the sort of ass hole he is. While I'm fed up with Tanz bashing the same drum, he is well into his eighties with a lot of money invested here and at hos age is probably as frustrated as anybody on here waiting for a return on their investment.
Besides Rojo loves the attention
Still no idea why all people here believe Tanzania hell governments.lazy buster country.
aminex without brown envelope.will go nowhere.
delay always happen because of lazy hellcountry
The last operational update was at the end of September and was included in the Half Yearly Report.
In terms of GSA, FDP, and Development license, we are still waiting on Tanz Gov sign off, which was due in October/November, so it is now imminent.
APT received the second shipment of long lead items for CH-1 with the third shipment enroute and was expected in approximately three weeks. The shipments, among other things, include tubulars, casing and crossover joints for the spudding of CH-1 and the workover of NT-1. Again these items will have now arrived as they were due in October/November.
CH-1 drill rig contract will soon be announced too given they have been working on this for the past 4 months with long lead items being ordered and delivered being the precursors.
The issuance of the Development License will be a big milestone achieved by the Company alongside the GSA and FDP.
The updated CPR will kick start everything imo as the resource will become of national importance hence the Gov taking on the construction of the pipeline.
Given the expected flow rates of 140mmcfpd, this project will be given priority to progress Imo.
The drilling of CH-1 has been decoupled from First Gas so ARA can get on with drilling it once the permits have obviously been approved.
Plenty of news to come and each bit of news will continually derisk the whole project from CPR to GSA, FDP, and development license,to the drilling of CH-1 and workover of NT-1 aswell as the testing of NT-2..
First Gas by Q4 is a distinct possibility given all the workstreams that are coming together, bringing a project of national importance to fruition.
Mr Moi, there's no point, Tanz will just keep posting anyway. You just have to look at his posting history to see that every single one is aimed at RJ. No genuine questions about the company, no insightful posts.
He needs a hobby. Better off in the sin bin.
And for the record, I'm not 100% in favour RJ but look at the share price, when was the last RNS.
Tanz, please for the love of god, move on. RJ is right to be annoyed at Aminex, I’m 100% certain I don’t speak alone when I say, ‘stop posting the same basic message over and over’. I’m slightly impressed you didn’t mention his ‘grudge’.
Time for some self reflection, you annoy way more people than he does.
RJ you want it to be never, yes ?
Last CPR was 1.9 TCF GiiP so anything above that figure will be very positive.
Yes BG - all very exciting, but the question you were asked is why is the CPR (and everything else!) taking so long ?
Also, we could get the the first insight into the recourse potential of the Jarasic, yes all exciting stuff, shouldn't be long now before they're ready to start release news, and/as all the time this has been going on the demand for gas has been growing.
"We look forward to receiving a revised CPR based on the high-quality data achieved from the acquisition of the Ruvuma 3D seismic survey that will permit a complete revision of gas reserve and resource potential; "
Agreed, when the CPR is released if it shows that we still have what was already proven then that's not a negative, just re-emphasises the world-class find that we have, if it does show a larger amount as per the re-analysed 2D then that's a huge bonus.
Also agree that even if it does follow the 2D and show an uplift in gas, without the GSA etc I wouldn't expect to see any sort of sustained growth on the share price, you'll get a spike no doubt from the traders but will soon fall back until we have all the approvals and news on the pipeline etc
Lots of positives to come just slow as always, hold strong long-termers, it'll come...... eventually.
Agreed Crusty, but remember, even if the cpr confirmed what the 2d showed ~8tcf, that is still a positive in my view.
But winalot that presupposes that the CPR will come up with materially improved figures from that already estimated and there is absolutely no reason to anticipate that.
I suppose that comment could be said to show the difference between an optimist and pessimist in this share lol
Or even the difference between what we are told is going to happen and what actually does with this development.
No wonder people give up hope with this company - one thing I can't understand is even how other companies get to produce oil or gas in this country.
When they say substantial progress is being made on a number of fronts and nothing happens no wonder they lose credibility with shareholders.
Atb,
Northern
When?
Do you mean if?
It may not have a huge influence now but when the other bits fall into place the cpr plays a massive part, whether it gets released now or later.
Are we sure there are persons competent enough to provide an accurate assessment in the locality?