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Ooooooh look, a hidden troll talking trollocks no doubt.
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Buy than.everyone buy than.
1p coming back in two weeks
The spread is not the real picture. Having tested trades on iWeb I saw the two trades just go through marked as sells, on of 69740 shares, the other 74426 shares, so I went on iWeb to see how much I'd pay if I bought the latter and guess what, it's the same price as the trades that went through, 1.325p. So ignore where the automated system puts these trades, work it out yourself.
Buy 74426 AEX - AMINEX ORD EUR0.001 CDI at a price of 1.325p
Hi Rellik
Managed to buy just now 1K worth
Been out all day. If home in time I might get a top up
I can get the following live quotes to buy on iWeb.
Buy 500000 AEX - AMINEX ORD EUR0.001 CDI at a price of 1.325p
Buy 1350000 AEX - AMINEX ORD EUR0.001 CDI at a price of 1.35p (max before Negotiated Trade)
Thanks Ringo Ringo , back up for close of play .
No info or buys / sell on iweb
Is any body having trouble buying on iii
Superb find stockcheque! 🥂
We are all surely aware that the word 'imminent' doesn't mean what we think it means.
Good find StockCheque. It's all happening!
May 9, 2024
ARA PETROLEUM WAS HONOURED TO HOST A DISTINGUISHED DELEGATION OF MEMBERS FROM THE GOVERNMENT OF TANZANIA TO OMAN.
During their visit, the delegates engaged in the OPES (Oman Petroleum & Energy Show), fostering valuable connections with international companies. At the ARA Petroleum stand the delegation were able to see first-hand & understand the strength & depth of the ARA group including numerous affiliated companies. Their agenda also included several meetings at ARA HQ, where discussions were held related to the Ntorya Gas Development project. A field visit followed so the team had the opportunity to see the Qarat Al Milh production facility and drilling rig. The delegation’s visit to Oman culminated in a meeting with the CEO where they expressed their satisfaction regarding ARA’s operations, capability and safety performance. This landmark visit set the stage for the next chapter of ARA Petroleum’s endeavours in Tanzania.
https://arapetroleum.com/ara-petroleum-was-honoured-to-host-a-distinguished-delegation-of-members-from-the-government-of-tanzania-to-oman/
I suspect the small few sells are trading out for a weekend bet on PET. Maybe as per the rumours on their boards they will get lucky, it's 50/50, but the licence coming to AEX is 100%. I still believe the presentation ceremony will be at the weekend, as all of the ministers are busy every weekday to the end of June listening and deliberating on budget speeches, so that means an AEX RNS at 7am one Monday. It could just as easily be this Monday as any other Monday., its just a question of how long it takes the Government events people to set up the event, and they have already had weeks to prepare.
"APT has been told by TPDC that the Development Licence is imminent."
https://arapetroleum.com/ara-petroleum-tanzania-apt/
Mcco,
I'm not suspicious at all, and I see no reason to be either.
The Tanzania Government MUST get the best deal for it's natural resources as it can, for the benefit of it's population and ultimately improving it's status among African countries.
If the new ministers think that the country sold them short in the LNG deal then of course they would try to renegotiate a better deal.
Our deal is safe, as they have just signed off the licence. If they wanted a better deal with us, they would have held back the licence until they got it, they have not, they have signed it and it will be issued imminently (as stated on ARA's website).
The huge onshore discovery at Ntorya 16TCF, has transformed the governments' position in being able to negotiate with the oil majors for the offshore gas LNG projects. Basically, they don't need offshore gas immediately with such a huge onshore discovery that can come online quickly.
Going south now
One’s got to be suspicious of the Tanzanian government with their plans to renegotiate a deal which took years to agree. It will obviously delay the start of the gas outflow which will be damaging to its economy and question any future negotiations with other countries
Not many sellers at this level but not to many buyers either . As crusty said earlier hard to break 1.5 unless news .
This will be blue before close . I hope so anyway, but these minor fluctuations mean nothing in the long term .
You might be lucky with a blue finish jollyflatearth
It will be difficult to get through 1.5p without news methinks - so not much movement today. No great surprise really, after almost doubling in just three weeks.
Out and about today - GLA.
Is one thing rojo at least you get to tick up yourself on a regular basis.
That was how one tick Mick got his name 😁
As for sp. Blue will do
Anyone prepared to hazard a guess of what the SP will be at the Close this afternoon?
You're obsessed and completely wrong jollyboy. Why? No wonder very few agree with your posts.
Are you a conspiracy theorist? Do you believe we never got to the moon?
Morning joyo.
You'll eat your hat as well as a donkey?