Member Info for blackgold00

I just think they need to be highlighted accessionly

Yeah OK Roger, I know exactly what you're saying, and you're right, we know they feed off our attention.

(Every reply spreads his word.. )

And the truth I would hope Roger

There seems to be no consciousness of their behavioural affect on others, greed is their only master. Sad sad narcissistic individuals.

"Wrong Wrong Wrong "

Yes Cperkin, but he doesn't give a dam about being Wrong, as long as his (pea brain) believes that he can influence the (would be investor) or the uninitiated. Lol, so sad, I do not bother to read his posts, they are uneducated and do not hold water, and mean nothing.

But the sad, nay, alarming, thing is, he knows full well, he's trying to affect the market by (deceptive wording), not a true character.

But Hay ho, in these days of market trading (short-termism) we have become accustomed to their unrestrained greedy antics.

Yes I can agree with that 🙂

"It's not going anywhere even with this latest news."

Not yet mj 🙂

Yes 15% of our 25% = 3.75 leaving Aminex holding 21.25 ?? And of course Aminex share of development costs goes down, so more of the free carry to be saved

". I am happy to defer to your reference below but that does not make those AGM conversations "disappear".

Well if it has changed, it has not officially been made public, which I would had thought they would have had to. Anyway I'm sure we'll find out sooner or later

Crusty, Aminex Annual Report 2018 page 8

"Under the terms of the Ruvuma PSA, after the grant of a  development plan, the TPDC may elect to contribute 15% of  development costs in order to obtain a participating interest of  15% in production and revenues"

Crusty "all 20% of it."

15% actually Crusty

"Does anyone know if the TPDC can back in at any point they like during the 25yr DL"

Not sure, but what ever time they did, they would have to pay their share of development costs from the start of the development. ??

"I think the days of "very soon" have already passed!!"

Gosh no Crusty, on the (Tanzanian timescale), very soon has only just begun. 🙂

"Good it’s due any time now"

Yes, "very soon". 🙂 you gotta just keep smiling

Well, when they do eventually get to drill CH-1, it's going to be one hell of an exciting drill with tremendous upside to resource, gosh so much gas what are the going to do with it all. 🙂

RNS

"and for the possible existence of an as yet undrilled shallower sand unit (Unit 3), to be tested by the forthcoming Chikumbi-1 (CH-1) appraisal well later in the year. An upside aggregated GIIP volume for the Ntorya accumulation based on a success case in multiple stacked sands at CH-1, is estimated by APT to be up to 7.95 Tcf (approximated to a mean unrisked P10 GIIP)."

God knows when the sp will reflect some kind of true value to assets, development licence or the transferring of resources to 1p and 2p reserves or CH-1 drilling/contract, all has potential to move the dial. Truble is now days the market trading is dominated by short-termism, money cannot be lying idle for that news to drop, especially when there's money to be made elsewhere. There's an awful lot of short-term money being traded in the likes of HE-1 at the moment, once that has been picked to the bones the heard will then be looking for the next target to exploit. Of course timing is paramount, definitely not for me. I'll just put me money on those ever expanding Ruvuma gas assets and wait, and pray that the good Lord grants me enough time to see it all happen. Lol

Yes i know, I think we all know, he really doesn't affect things, it's just, he's dam well bloody annoying at times. Lol 😂

Sharehead "What I don’t grasp is your purpose here ?"

He's here to annoy investors and to stifle any positive debate. Why he wants to spend so much of his time here, is a bit puzzling, though he is harmless, in so much that his arguments are quite child like, with his continual view mirror perspective, (it hasn't happened yet so it won't happen in the future )

RoJo the Shapeshifter "Your 'speculative reasoning' (!) hasn't got you very far has it BG ?"

Not yet. Though I am fully loaded.

Did you miss reading that rather sooper RNS on Thursday, that special RNS that comes once I four years.

Crusty could do with a good party : )