Member Info for blackgold00

as has already been stated by RA

john, the question i think you have to ask is what suits the Zubair's, keeping AEX as a LSE public vehicle or taking it over as their own private company, myself i think they are and have been planning to keep the lights on at Aminex and line us up foe a merger ?

"AEX always seem to manage to screw another drop of blood from the ever more squeezed stone.
For gods sake get the paper signed and close the deal"

john, you are now talking to Zubair/ARA not Aminex

well, i would like to think, you are right EAGLEEYES, with the hope expressed by Aminex and ARA the farm-out news is defiantly due

well, were the pushed or did they jump? i guess a bit of both, after all the share option had been terminated by the Board and having giving up their cash remuneration, really left them nowhere else but to go. Now with the Aminex ship under the control the Zubair's, I'm wondering which (cash/production producing company) they have negotiated with to merge with (their own directors) into the good ship Aminex ?

lol buckler, thats how i feel with your continual negative posts, bla bla bla

Stuard Detmer couldn't spell, well i never noticed that, but then again i wouldn't would i RoJo, anyway its Stuard Detmer i blame, for the mess Aminex got into with that bad bad loan.

MAX, there's no salary to be had and now no share options awards for them, what else are they to do ?

those directors have now waived/surrendered their rights to all share options awarded to them on 1 May 202

it looks to me like, the request by Aminex for further financial support if long-stop extension needed, didn't come without its cost, so maybe it was a demand by ARA for the share options awarded on 1 May had to be waived/surrendered. which very well could had lead to the resignation's of John and Linda ???

https://www.lse.co.uk/rns/AEX/ruvuma-farm-out-and-corporate-update-xd6iu4ar3jztg9h.html
"At the Company's request, ARA has agreed in principle to provide additional funding support to the Company if the Farm-Out is delayed further by advancing part of the interim period costs (which are otherwise only payable to the Company on completion of the Farm-Out), if required (the "Further Additional Advance")

"To preserve cash, some directors of the Company gave up cash remuneration and were awarded share options in lieu on 1 May 2020. Given the current economic climate, the global pandemic and depressed markets, those directors have now waived/surrendered their rights to all share options awarded to them on 1 May 2020. Furthermore, all previous share option plans of the Company have either expired or been terminated by the Board."

"The Company is exercising very tight control over costs and expects the interim period costs payable to the Company in six equal monthly instalments, starting on completion of the Farm-Out (or by way of the Further Additional Advance, if any), will fund the Company until around May 2021."

what price ?

" At least Ruvuma is the real deal in terms of assets"

yes absolutely cperkin, Ntorya is a large conventional gas play, (drill a hole and the gas rushes out), and on-shore means its much cheaper to drill/develop, so more economical all round.

"Only now?! It has been tedious throughout the last three years.... "

three years Crusty ? its only been two years, i seriously hope though, it ain't going take three. lol

11 July 2018
Aminex plc (Transformational Ruvuma Farm-Out )

well asking like that gaslady, i'm sure we'll get a tick up now

yes i think they are sells mather, well the 0 .80 are

yes sorry RoJo0 definitely does mean something else, yes definitely meant definitely, you know i do get caught out sometimes : )

no, its just that no one knew his turnips better than Baldrick, i seem to remember a female version of him as well, though she was defiantly not my type. lol

no relation to Baldrick was she ?

AS6, i don't think its as contagious as it used to be RoJo

not as RA mentioned, if they partner up with a company that has cash-flow.

that will do nicely Crusty for starters, and if we get spud date for end of year then momentum/excitement will start to build as we start to think about the cos and potential of the Ntorya Craterous and the all exiting Jurassic target. can't wait : )