Member Info for cperkin

Ho Ho Ho and a very Merry Christmas to all that sail on the good ship Aminex and some Captains, are I am sure still watching in spirit. The main sail is about to be hoisted and the weather looks much better for the journey ahead!

Enjoy & be Merry!

Good to see £7mill cash and 9 mill market cap and Billions of cubic feet of gas (35 million barrels of oil equivalent)

JV farmout vote on 4th Jan $20 million for each 25%

#date =dare

Yes I would not date extrapolate the 763BCF 2c for 2 wells across all 8 Dunder, well until they drill them and flow them at least. Big basin with steps outs planned over a significant Geographical area. Still the 3D in the new year should yield a bigger picture.

With 6 more wells to drill I am expecting peak revenues in excess of $40 million over the life of all 8 current wells planned based on their current flows myself.

And 35 Million barrels of oil equivalent 2C

Roll on that licence!

John that makes no sense comparing SP, it's the market cap that you should compare solo's is £9m thats what the market values their 25% of Ruvuma + other assets + £7 million cash. Aminex MCAP = £49 million?

No but Santa has shares in AAOG Mousey ;)

Shame :0) & as if I was going to

Don't have anymore info than you dunder - $250,000 gross - valve - flow - unload fluid & gas - perf the lower zone and test.

If the perf job is successful I don't suppose they would need compresion? even though compressors have been in country since the summer as per the AGM

lol makes you wonder what plonker gave it a thumbs up....

Asset + cash (with extension licence) =4.2p even applying a 33% discount =2.8p That considers no production from KN-1 (currently testing)

Bring on that licence and Farmout vote on the 4th Jan and KN-1 flows!

GL

x

They don't have the skills in house in Country steve, give them 10 years and they might.

The Zubairs have spent something like £18.5 million so far in their aminex purchase (cant be bothered to look up the exact # )

The extension licence is a condition of the farmout, so any day between now and the March stop date. As for the 25 year licence, once the Zubairs become operator/ or as a condition for them to be I am confident the 25 year licence will Magically appear imo.

Blimey, I guess it might be time to bury the old Hatchet, we all talk a load of b00locks @ times and also get things wrong at times - I guess the one positive thing we all share, is some passion for the stock (some clearly more than others) and the resources if maybe not the management :0)

2019 at least looks a darn site more promising than the wash out of 18!

4th Jan? the licence could still be issued by the 21st of December - the JV partner farmout vote is the 4th of Jan.

lol Crusty you know full well that I already agreed it had been superseeded by the table in the circular as you correcctly pointed out the impact of the licence ;)

Merry Christmas - at least it will be if that licence comes along, failing that it will have to be a Happy New-Year one thinks.

lol Crusty is on one, he played this one on me a moment ago on the solo board - the answer is the Aminex presentation earlier this year.

one-eyed hyperbole
Simpleton
Hypocrisy
Confirmation bias
limited capacity
Look in the mirror?

No you don't get Nasty at all Crusty

Of Course Crusty, glad you finaly acknowledge it and I fullly agree.

Really?

The Aminex presentation earlier this year Crusty, slide 5

sorry I don't remeber you ever giving a % discount figure over the £27 million cash and asset, what was it agan then please Crusty?