Member Info for blackgold00

"government are trying to figure out another way of screwing money out of this company."

well, what about them granting the F/O and then the development, and then selling all that lovely gas in their own market and neighboring country's, you know, there could be absolute billions in it for them. I'm surprised they hadn't thought of it

if man is still alive

now that would take us all by surprise, lol

I'm going to live dangerously and say, my hunch for completion day is Thurs 23rd. good luck all : )

thanks MAX for sharing that with us all, my senses tell me they are and have been telling the truth, but like you say, given the sensitive nature of the F/O and dealing with the TANZ Gov plus public company chat boards like this which can sometimes willingly or unwillingly misconstrue information, then maybe the lest said the better until the deal is done. and thanks again : )

no edgar, i still work full time, i couldn't afford holding Aminex shares for as long as i have, if i didn't : )

yes mathedj, Krispies fish and chips, lovely, we buy them then park up at the end of the beach, marine drive i think, and watch the kiteboarding.

hmm, Golf, I'd sooner spend my time spinning for bass, on the Exe or Teign estuary

oh well, at lest "Aminex and APT are "hopeful that Government approval for the Farm-Out will be received this month." so maybe they could indeed have the F/O done and dusted for the AGM, which was only announced a couple of weeks ago.

if i felt like you rand, i don't think I'd have any money on it

who know bigpat ?

well Crusty, i wouldn't want you to be too surprised just incase F/O completion arrives next week, as edgar alludes to, the ducks are in alignment, license granted, CGT paid and the time has now come for the farm-out signatures as indicated by the short extension

well, there hasn't been a great rush for the exit doors since last RNS, so yes, i guess people are content to just sit tight and wait for the final farm-out news. not long now either way.

"and the almost disastrous outcome of the NT1 drill"

yes, the NT-2 well was a near disaster, but at the same time it proved up one helluva lot of gas and i would say, was the main-spring for the farm-out, which is now nearly complete, so hopefully Aminex with its new team will be able to move on and progress its other assets.

all the old managers have gone, and yes, wanting to tie up financially with a "partner" with production/cashflow. lets see what they come up with ?

sorry forgot the " "

. (Though I do have one concern post Farm-Out and that is that once APT are the Ntorya Operator, will the TPDC even recognise AEX and Kiliwani as priorities - they could - I stress could -both become totally sidelined)

Couple points there Crusty, TPDC invested in a new gas processing plant on SS island that has 140 mmsfd and they are only using about 20 mmsfd via Orca, so they have 120 mmsf spare capacity and need to find new gas to fill it, as know the Songo Songo gas field that Orca operates has its own 110 mmsfd processing plant that is not actually owned by TPDC.

So as i see it the TPDC will be encouraging new exploration in that area, which is the (Kiliwani North Development Licence) and the (Nyuni Area PSA) which we know Aminex has been working towards and preparing for 3D seismic for those areas.

Also the fact that the Zubrair's took a 30% holding in Aminex and have continually supported it, would suggest it considers Aminex as having potential and as a strategic vehicle for growth.

well, Robert Ambrose, is expecting ("completion of the Farm-Out soon") that is within the month, but alas, i think maybe, the length of time and false dawns, have left the market somewhat sceptical/numbed and unresponsive, waiting i guess for a penny to drop or the conformational news.

have Tanz Gov planed for a signing ceremony for this weekend ?
https://timesofoman.com/article/3017014/oman/transport/oman-air-to-operate-special-flight-to-tanzania

I've said politics, so how about the COS of the wildcat wells Aminex have had to take over the years in exploring Tanzania's new frontier, and what a success the Ntorya is turning out to be.

RoJo, "optimists" yes defiantly, but optimism tempered with realism, ( the excellent geology), the (Tanzania's gas infrastructure), the (near to medium term gas demand), coupled with (the changing politics of Tanzania), and their (deep desire to be a Middle-Income Country). yes lots to think about