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I would have thought that 17mmscfd is built into the existing price, nothing new there. How about comparing iog with expected flow rates for H2 well of 40mmscfd at the end of April with a MC of £25m.

Talking of buffoons lol

Hey Roger, are you now the designated BB Police? “but it would be nice if you and the indian would cut the BS ”
How about the Warren Buffoons predicting 50p a share when we haven’t been above 2p for 5 years. I suppose they suit your rose tinted outlook.
I’m here to keep things ‘real’ so any naive investors know what they’re buying into and have realistic expectations.
I’ve always said I’m 95% sure anyone buying in around 1p will not loose money. The big differentiator between us is the estimated timescales to get support above 2p.

Is that Walter Mitty character still around, what’s his name JamTart aka “The Wolf of Wall Street” as I’m after some investment advice.
Has he told you how he bought Microsoft at $1 and Bitcoin at $5 yet?

Roger …”Do you invest in the past or the future?” my answer. Both. Only a fool would ignore the their experiences from the past.

No BG .. How much is a TCF is gas worth? … so what are Aminex PROVEN reserves (recover able) from 2 drills? What is the 1P number?

Now look at DEMAND and work out how long a TCF will last? By the way what are AEX reserves NOT resources? Come on BG.

JamTart .. just read your last post a few times. It makes you sound like a right pl0nker.
£2billion MC … unbelievable lol. Do you even know how to calculate a market cap? Don’t even answer.

JamTart …50p represents a £2000,000,000 Market Capitalisation (yes 2 £Billion MC).
Have you ever proved anyone wrong in your life?

H2 Well results expected end of April and then a month to hook-up to the pipeline if H2 is successful.

Sorry to burst the fantasy bubble but we haven’t been above 2p for nearly the last 5 years. Let just set ourselves a more realistic 2p party target, which will hopefully be achieved before year end. Once you mentally buy into that, anything above will be a bonus and not a disappointment.

Roger your comment on Rig availability.
“I also believe I know which drill it is and approximately when it will be released. Time will tell if I'm right, but if so it will be mobilised end of August and spud will take place early October.”
Are you referring to the Helium One / Noble Helium Rig? Helium One requirement is to drill to around 1300m depth. We need to go at least twice that depth and I’m unaware of any Rig contractor being mentioned as yet. Also their plan to drill 3 wells in 3 months (July-Sept) is sporty to say the least. Please clarify.

Edgar … because sentiment was extremely high due to the large gas discovery of NT-2 and the herd arrrived. Also NT-3 was planned to follow so there was a lower risk of being spiked. The SP dropped back when the low flow rate was announced. I’m sure there are a lot still here that bought into the 4-5p range and have been averaging down ever since, Including myself. It’s probably the “Top-ups” from existing investors that are keeping us above 1p. NT-2 was spudded in Dec 2016. The world has changed now and is extremely focused on renewable energy so new investors are now more cautious of oil and gas projects. Also crypto came along to satisfy some of the multibag O&G risk types.

Edgar you realise that 12p represents a £500m market Capitalisation, which based on Wentworth valuation and sentiment (from poor comms), Aminex may never achieve.
At the moment I’d be happy with 1.2p support.

Talking of Drewky earlier today reminded me of his Basher’s Guide on his Unofficial Aminex website:
https://aminexunofficial.blogspot.com/p/essential-guide-to-bb-bashers.html?m=1
A little lighthearted reading :-)

Hey Roger, here’s a good book for you to read whilst waiting for your March RNS.
“The Land where Time Stood Still” by Arthur Leo Zagat

Here’s one from 4 Dec 2018. SP at 1.75p
Just so that you can see Rojo’s POV.

“Personally I see multiple key trigger points here as follows (in no particular value or received order)

Mtwara Licence
25 Year Development Licence
EGM announcement
KW Remediation success
Farm-Out completion
Spud CH1
First Sod of Pipeline construction
Conection to Mdimba Plant
CH2, 3, 4 etc that comes with the planned FFD that follows as a result of the Farm-Out

I honestly see nothing for anybody to be wittering about other personal frustration which I feel just as equally as anyone else.

We have masses to look forward too here and I reckon like best wines and cheeses the results will taste even better following the wait.”

Agreed Deltalo … an excellent risk vs reward ratio from these levels. With UK gas price stabilised above 100p/therm (forecast 150p/therm) and possibly some relief from the windfall tax anytime soon. Just need to wait for H2 results in 4-5 weeks time.

3 Drills in Q3 looks a little optimistic but at least HE1 gets to go first.

Let’s have a real discussion on the GSA. Any thoughts on what price we will get at the wellhead? $3 looks really cheap these days. I know Wentworth get more but they paid for the Pipeline and I’m not sure about Orca.
Actually the way the world is going we may get paid in Chinese Yuan.