Member Info for blackgold00

after the more positive update yesterday and short timescale given, expectations can only grow from here.

yes, I'm with you on that me lady

Robert Ambrose, Chief Executive of Aminex commented:

"With these cost reduction initiatives, the expected completion of the Farm-Out soon, and the continued support of ARA and Eclipse, our cornerstone investor, the Company looks forward to its next stage of development."

yes CP, I guess its been spent on the interim period costs, which i believe is about 1.7 million.

"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")."

this time round, there is no "(However, there is no guarantee that such approval will be received)" but instead we got "Aminex and ARA Petroleum Tanzania Limited ("APT") remain hopeful that Government approval for the Farm-Out will be received this month" so maybe all up for signing this weekend. : )

https://timesofoman.com/article/3017014/oman/transport/oman-air-to-operate-special-flight-to-tanzania

not sure that's the case Nelly

plus

"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")."

and

"Aminex and ARA Petroleum Tanzania Limited ("APT") remain hopeful that Government approval for the Farm-Out will be received this month."

its my mental wellbeing that concerns me. : )

Still time today fore extension RNS i guess. but if no news what then?

is every body sitting comfortably

oh dear, down again : (

i wonder why, is it because they can't get up in the mornings ? : )

so are they waiting until the very end of play again today, before issuing longstop RNS news ?

no, i just left it for you Tonno, yes 3.5p in 2 years from where we are now wouldn't be bad growth for any company.

yes 20% will vest on 30 April 2021 at 1.5 and then 6 months later 31 October 2021 "20% will vest 2.5 pence. so a bit of incentive

RoJo, nothing makes sense anymore, like i said before i think we've fallen down the Tanzy rabbit hole, where the concept of reasonableness can not be found and the reality of time distorted and elongated so it seems a day has become a week a week a month and a month a year and with no map to be found or guide to get us out. its all BH's fault and he got out

lol mj, who has then ?

fj, plus the long stop extension ends today, so they need to notify us of another extension or what ever.

yes fj, but they will have to announce the state of play regarding the loans today.