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We now look forward to completing the transaction within the next few days and handing operatorship over to APT...
Its the second part which is probably taking long.
Need a solid base before we drill. Slow and steady rises please!
Nice to see aex on the move.... but still need sp to double before I see any profit!
Does anyone remember how long it took to spud nt2 well?
There must be a plan b. They would not call the tanz govt's hand otherwise. Dangerious games.
I bought my average down just under 3p. I will buy more if this goes under 0.02.
I would be happy to sell at breakeven at this point!
Gain what gain.... the shareholders have never seen a gain, just promises and no delivery.
I am happy that the company has given this ultimatum. Puts everyone in place and out of misery - been left hanging far too long!
The board should have presented this in a interview explaining how we would move on if approvals not given by 15th.
No approvals will certainly certainly break this donkeys back.
What happens now? The board could have at the very least could have told our options!
I can seem to place a order. It goes to a negotiated order.
This is exactly what needed to be said. Finally aex has found its back bone.
Having said that bit scared about what will happen!
Has the Tanzanian govt even seen our application lol!
I should be on a directors salary lol
(Ruvuma Farm-Out Update)
Aminex announces that the parties to the Ruvuma Farm-Out Agreement have agreed to extend the long stop date for satisfaction of the conditions to the Farm-Out from 30 September 2020 to 31 October 2020. Aminex and ARA Petroleum Tanzania Limited ("APT") continue to work closely with the Tanzanian Government to obtain approval for the Farm-Out.
Robert Ambrose, Chief Executive of Aminex commented:
"It has taken longer than anticipated to obtain the final approval to the Farm-Out from the Government. The Company is doing everything it can to obtain final Government approval of the Farm-Out. In the meantime, we are grateful for ARA's continued support to the Company."
Come on aex.... why wait another 7 days... just issue your drafted extention rns to October already...
You know you want to lol
Not being funny... even if the well is drilled and gas is supplied what good is it if we don't get paid!
There is always something with this stock and tanz govt!
All this company can do is extend deadlines and appointment new directors.
Pathetic share and Pathetic government.
.....
..... another extension lol
Some would say... day.. week.. months..... years.... i like to think of this as a era!
For some reason I just expected this!
The bod could at least do a interview or something. Explain the reasons for delay.
Enjoy the sun guys!
Come on aex. Meet one deadline!
Some news today. 20 mins to rns
The board are lucky.... I can imagine shareholder wanting to rip off their arms just to have something to throw at them if it was a open door agm.... hahahaha
Tanz govt want their taxes (borderline -unlawfully) but cant pay the money they owe.
I can't wait to sell (even close to my breakeven). World class asset is nothing without a good govt that provides good infrastructure.
Yeah... hindsight is great and we would all be millionaires.... i never imagined this stock like this... the buzz from solo and aex is well and truly gone. No buyer except Zubairs would be interested in Rumuva given the govts 1 year extention only.
No sure how solo will fund their share of the drill (when it happens). But if it holds on till then maybe there will be a buyer with deep pockets ready to invest.
Enjoy the heatwave!
How many of cerp's bod sit in the new company?
Can't wait to see Mr Koots interview and rationale. Surprised he did not anticipate investors reactions. I wonder how long he will stay ned before moving on.
LEO gave a 5 year plan... what happens to it? Who will be responsible for directing it when our bod are not sitting in the new company!