Member Info for cperkin

MYN up 12%, Sell those 31,685,678 tradable immediately

Was that a pre-RNS alert by MRj, RNSR+1?

Nothing like the geology of a loaded basin Séance ;)

Funniest post I have seen for a while, loads of angles you could go for but the Geology in the licence area & the infered appraisal COS of a discovery really is not one of them- FACT!

Lets hope it's because they have a bigger and better one to release lol

I can assure you Babbler sinks, weighed down with all that loose change ;0)

Moving fast!

You can already sell MYN above the issue price...start dumping please AEX...

You are right Crusty I should add as is practicable, they should get close to the placing price and the shares appear to be getting hovered up as traders wade in, although the spread is ridiculous over there!

Good news and had previously been written off the books, so a bonus, they should dump the first 31,685,678 immediately imo, $150,000 or close to helps right now.

Maybe Crusty, it's all assumptions, they could be at any stage of the remediation and Perforation and if they think that shareholders are going to forget about KN-1 remediation then they truly are delusional.

Crusty, I accept that you may or may not be right with your reasons and interpretations, like I said yesterday, I don't know how far hey are and either do you.

As for Aminex actualy communicating where they exactly are in the remediation/perforation process, unfortunately their track record sucks, they told us nothing about the fact they had started the work on the valve and only told us after they had fixed it, so yes I agree on the darkness.

It has been well over a month since an RNS release on the subject (17th December) we have had "Perforation of the lower zone Progressing" on the 4th Jan AGM presentation and the update a couple of weeks ago on the FAQ.

We are due some kind of update surely?

And I told you "ONGOING" part of the remediation.

"Aminex is currently funded and does not need further approval for the ONGOING remedial work over Kiliwani (which INCLUDES well maintenance, FLUID LIFTING and PERFORATION)"

Seriously you are making a mountain out of a mole Hill, it says ongoing which includes fluid lifting as per the last communication, how far I don't know but they ran gas to plant as per the RNS and in order to do that they will have had to drain fluid.

But maybe you are right, fly the equipment and guys out, turn the valve on, turn it off again and do nothing, I mean why bother working on it if you have the money & permisions and need the revenue?

Lol PITW, beginning to sound like some crusade no less, you are right though, proof is in the pudding, the rest is all conjecture and opinion and matters not.

Crusty I am only paraphrasing the published information as you are well aware, That is what they have said and I don't know where they are in that process and nor do you.I am not sure what your point is?

"Are additional approvals needed for remedial work on Kiliwani?
Aminex is currently funded and does not need further approval for the ONGOING remedial work over Kiliwani (which INCLUDES well maintenance, FLUID LIFTING and PERFORATION) and it remains in the best interest of all parties to produce gas as quickly as possible."

either you are saying they are not progressing or you agree they are in the process of, which is it exactly?

One rule for one and one for the (real) Money Crusty, the Zubairs don't have to vote as it were till the licence is issued, shareholders did.

Correct, "Aminex is currently funded and does not need further approval for..." all of those things.

so why wouldn't they be completing them?

Explain the logic please that says they are not progressing when they have the authority/permissions & funding to do so, are you suggesting they are not?

Crusty, "INCLUDES well maintenance, FLUID LIFTING and PERFORATION" is not the same as draining fluids? My description may have been slightly clumsy but meant the same thing.

I ask again, so you think they fixed the valve, opened it and then closed it and are doing nothing?

+1 Woody, likewise and asked the same on Twitter, they said IPO + drilling Q-1 2019, 1st month almost gone, I don't see them drilling Q-1 and not before the IPO?

"why then hold it in January (announced in December btw) when that Ministerial approval is still awaited?"

It transfers the Burden of the deal completion post vote with the Zubairs offer for the development of the asset onto the minister, aminex are effectively out of the picture here on in.

What other choice did they have @ this stage?