Member Info for blackgold00

"it is starting to look like the mgt have at last killed off all patience from long standing loyal long term"

no buys, no sells, it looks to me like everyone is positioned, tick tock, tick tock. anyway Dunder you are still here with as much patience and enthusiasm for the BOD wellbeing as ever

"Those 'shorters*' are going to burn burn burn."

its not the shorters, its the Spread Betters, they're an excitable bunch : )

Oh no ?

they are if it is Tarry

"trivial "

yes Crusty, I know the feeling

oh dear Crusty, i'm sorry, it was a genuine mistake, can we more on ?

what's with the slackbald Crusty?

"this is the same BoD that had confirmed three times since the AGM that the EGM would take place before the end of November"

yes Chrusty, but surely as the missed time-line/dates for the EGM have increased, so also must increase the chance/Probability that future EGM time-lines will actually be hit : )

yes Drewky, "With them giving themselves only a 7 day window to get the circular out" they must have fairly confident to have issued this

"The Company expects to post the Circular to shareholders by the end of November and convene an extraordinary general meeting to approve the Farm-Out in December."

Jay Bhattacherjee, Chief Executive of Aminex PLC, said:
"We are making good progress on the Ruvuma Farm-Out. When completed, this will accelerate development and is intended to give Aminex a full carry to significant production and free cash flows with no further recourse to funding. The Company is moving forward with its planning and preparations for the Ntorya operations, including the Chikumbi-1 well and 3D seismic acquisition."

time well tell Crusty, they have certainly had plenty

fun and games at AAOG

yes agree Crusty

yes gaslady, circular, EGM date, CPR, which should contain more info on the Jurassic prospects, with possibly Mtwara extension, and maybe update on the KN-1 remediation work.

"Christ I know but how do you think the spread better reduces exposure to their positions!!!"

well there's guaranteed stops Dunder, but if not managed you could be set to lose one hell of a lot if it goes the wrong way, multiples of rour initial stake, so how do you mitigate against that ?

I do wonder just how many are playing this game now days ?

What is spread betting?

"Importantly, spread betting is a leveraged product. This means you only have to put down a small deposit for a much larger market exposure

"Betting using leverage means there are significant benefits and risks: your investment capital can go further, but you can also lose more than your initial deposit"

sorry Dunder, we are not talking about material shorting of the stock, but taking out a spread betting position, not buying or selling the actual shares.

What is spread betting?
"Spread betting is a form of derivatives trading that allows you to take a position on whether you think a market will rise or fall, without having to buy the underlying asset."

"Yes but the spread better have to lay off their exposure, if material for them"

yes, but only if they have any, but they can spread bet without any material holding. why would they need to own any material shares anyway?

yes HonestTom, spread betting, never entertained the idea myself, but can see the Leveraged lure that might attract some to it, and no doubt those that do, could find themselves quite excitable especially if things move against them, and might well account for some of the irritate and disrespectful post we read.

Crusty, yes, been reading posts on Solo board, and the KN1 is sounding promising.

thanks cperkin for the feed back from last nights meeting, I guess if CH-1 is delayed until April/May then it will be a big disappointment, especially for those who have bought in specifically to trade that event.

Though I have a feeling, that for us long term sufferers and maybe to any new investor, looking in, will start to see Aminex emerging as a more secure investment once the publication of the circular/CPR and the EGM ratifying the F/O, along with the Mtwara licence extension, and the indicated date for the CH-1 spud gets announced, will, i'm sure lift morale and the share-price, which has been in such a trough for so long now : )