Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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This is obviously to justify the $ cost of building the pipeline converting to hydrogen gas and LOHC in the future...
The plan would be to build a pipeline network an ultimately change the usage to hydrogen
Green African Hydrogen,
Operational Planning
Have a look through quite interesting
" In 5 years they could develop Nyuni from the proceeds from Ntorya. Sounds like a long time, but it's not really when you think of the gaps between previous drills"
well yes, but would that kind of timescale get the support from the TPDC/Tanz Gov with their future gas development plans, not just for Tanzania's internal domestics growth, but also the plans to export gas via new pipe-line's to Kenya and Uganda.
(Renewed Interest in Transporting African Natural Gas with Pipelines)
https://www.pipeline-journal.net/news/renewed-interest-transporting-african-natural-gas-pipelines
I think they have 100% of the license for Nyuni now.
Any JV would be a dilution. In 5 years they could develop Nyuni from the proceeds from Ntorya. Sounds like a long time, but it's not really when you think of the gaps between previous drills. Maybe after CH1 the market cap would be big enough to allow a placing to fund some drilling of their own.
The potential for Nyuni is as big as Ntorya, but the current value must be minimal. How much would they have to farmout just for one exploration drill?
KS maybe, but needs the 3D.
"A JV is a dilution to them"
yes matherdj, but then again i suppose that depends on the terms of the deal.
"I wouldn't be suprised to see the asset reduced by a % to them for cash"
yes could be if no deal, i mean without the NYUNI license costs, how much $ is needed to bridge the( 3 year?) gap to meaningful Ntorya funds, $5 million ?
The big question for me at the moment then, is what is happening with the NYUNI PSA extension, along with the summitted 3 D work-program, with Aminex as 93% holder and operator, would come with considerable costs, and the question of how they intend to fund it. merger anyone ???
slide 21
http://admin.aminex-plc.com/uploadfiles/Corporate%20Presentation%20Oct%202018.pdf
Hey BG, you are right, but that doesn't deflect from the fact that the zubairs have significant influence on the direction of aminex. I dont think they are out to destroy aminex or that that was always some plan, but if PIs can take the hits along the way, then so be it from their perspective. I wouldn't be suprised to see the asset reduced by a % to them for cash. A JV is a dilution to them.
sorry, meant descent, but no doubt he is decent
matherdj "A merger would make sense for PI's, but not for the Zubairs. If it does happen it would be a massive signal of AEX being able to have some control over its own future."
30% of Aminex, well maybe its interesting to note, that since the Board Restructuring, out of the three directors left only one is of Zubair decent, "James Lansdell is Senior Legal Counsel at The Zubair Corporation."
You're such a card Rojo.
TDPC are going to want a percentage of ntorya. So that is also likely to be thrown in the mix.
Err... 1 peanut compared to 1 chestnut.
Next question ?
What is 30% of AEX worth compared to up to 25percent of ntorya.
~30% of AEX is Zubairs so hopefully aligned..
A merger would make sense for PI's, but not for the Zubairs. If it does happen it would be a massive signal of AEX being able to have some control over its own future.
Oh dear , sounds like a merger at hand then
Hold Wentworth but the language been tough on buyouts then again a Merger would be logical.
Always wanted to buy into AEX , if a merger then would be a good deal as a enlarge company and pays a dividend.
To note Wentworth are still in closed period so you never know.
Read a few rns for your answer Thordon.
Why the lack in price , are AEX running low on funds ?
Drill is all payed for ?
BG .... I’ll do some detective work tomorrow. I haven’t time tonight. Katherine has done so many videos lately.
The last video I saw (it may have been shareholder Q&A on 22Jan) there was definitely a lack of any M&A details and growth would come from drilling at the right time, where as the previous video I watched she mentioned about talking to key stakeholders in Tanzania with regards to growth. Ambrose left on the 29 Jan. Also I remember Mick2020 having a rant on the Wentworth BB around the same time. The bottom line I came to the conclusion that any deal with AEX was not on the cards in the near future.
Personally, I still think there's merit in a tie-up for both companies. We need cash and revenue to progress projects such as Kiliwani South and Nyuni. WEN need growth and expansion at a low price tag, such as Ruvuma field development on a free carry. Agree though, it's prob on the backburner now, as neither company is happy with their current valuation and there's little shareholder appetite to do a deal in this environment.
"The last interview that Katherine Roe gave a few weeks ago, there was no mention of M & A activity"
not seen that one Aimster, can you post a link, thanks
A house sale generally takes time and chains break down all the time... I hardly think its as simple as a house sale. Government sentiment has clearly changed. The time from November has likely been a bear trap for the institutions to load up as indicated by the price monitoring extensions.
An old interview from last November. The last interview that Katherine Roe gave a few weeks ago, there was no mention of M & A activity. IMO that boat sailed probably at the same time Ambrose left.
Nice vidieo only upside here sounds good glad I loaded up here I’m sure we will see a rise from here on would
Onwards and upwards volumes picking up I’ve noticed