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Has the market finally realised how undervalued AEX is currently ?
this should be at least over 1p for starters
Let's see what happens today - let's hope the rise continues today
Good luck all
.... I don’t know about being over 1p ... ??
However lack of movement and the 12 months from the inept management that said ... 2022 towards the back end of last year and floored the share price, is really the only reason we are anywhere down here. Cost cutting is not a job which our management think is justifying of their salaries.... purely on assets and what will happen I’m surprised it’s not way higher still than that
.... I don’t know about being over 1p ... ??
However lack of movement and the 12 months from the inept management that said ... 2022 towards the back end of last year and floored the share price, is really the only reason we are anywhere down here. Cost cutting is not a job which our management think is justifying of their salaries.... purely on assets and what will happen I’m surprised it’s not way higher still than that
Well the signals here are certainly looking more positive and as I have repeatedly said under 3p is a bargain, so expect this to have a test of 1p and then try to break through 1.55p
It's about time this climbed over 1p. A lot of activity in the next few months for Aminex, culminating in a huge drill in January, which will be the making of a valuable company. Best to get in before the rest. Sub 1p is a bargain.
People will have to start taking there early positions soon or risk missing the boat . Massive gas drill coming with possible oil too at the deeper target. The time to drill is ticking away and the share price will surely multibag in the run up to drill .
MMs have been using the spread - 0.755 trades today and last week were buys. Expecting the next move above 1p and then see is we can break through 1.55p
Yes, noticed a lot of buys showing as sells. MM's trying to fool people into selling so they can get some stock and sell higher on he move upwards.
As yet there is no significant volume so don't expect to much.
Buys are filling, should see another tick up soon enough
Will be no vpulne until we get licence extension followed by 3d followed by drill rig followed by followed by rig choice and mobilisation which according to our former CEO has akrwady been decided on so next is spud date...plenty or nothing to get excited about here...id take plenty after a torturous 3 years of nonsense from useless lying BOD and inept leadership in Tanzania ...
Come on aex wake up let’s see 2p soon
I'd settle for the licence renewal and a push through 1p to get the ball rolling cipro
Although quite a bit of volatility so 2p wouldn't be out of the question with the right news flow and some interest
all in good time?
Set up nicely for a push through 1p and hopefully we are able to break through 1.55p. Expecting big things with Aminex after all these years
It all starts falling into place, as there was news out of East Africa yesterday that Tanzania and Kenya had finally rubber stamped gas pipeline plans. This would see significant infrastructure improvements in getting gas from the prolific Ruvama Basin out to Kenya & Export.
What’s your estimate on how long it will take to build the pipeline and be ready to transport gas?
2 years?no rush in Tanzania
Should we not have gotten an update on the licence renewal which from my understanding is up?
Yes, alcapone. I understand the licence has expired. Not expecting an issue. But would be good to tick that box.
Well development in neighbouring Mozambique has cooled off and majors are looking at Tanzania. Total, Eni and Exxon are on the look out to sanction works on larger projects.
Tanzania's new president Saima Suluhu Hassan has been pushing the energy/ gas agenda forward at pace and has urged her team to work with investors to get projects moving and up and running.
Equinor and Shell have seen this shift and they are looking to move their projects forward.
There is a really good article covered by Bloomberg, which is worth a read. It all is very positive for Aminex and Ara. Solo/ Scirocco will no doubt have no problems getting a decent price for their 25% share of the project.
Just need the Zubairs to pull their finger out and start implementing the work programme. There is a lot to look forward to with the impetus in Tanzania after John Magufuli for fast tracking gas projects, and resolving any disputes around tax and money owed, bodes well for Aminex, along with the Ntorya asset that is much advanced and onshore and relatively low cost with ease of market access.
The market gives zero valuation for the Ntorya gas and yet gives HE1 a value of £128m for nothing discovered. Shurly shome mishtake.
Keep the faith our time is coming!
Poc, from what I can see that HE1 is built purely on hype, I maybe wrong but it could all well end in tears.
And there's your market for gas
https://www.energymixreport.com/kenyan-tanzanian-presidents-ink-pipeline-deal/