Member Info for CrustyPete

So nearly 5% in the Blue today - not quite the 54% o the ISEQ unfortunately but any rise is a good rise. Moreover am I right in thinking that is two days in a row? There are many traders that would suggest that two up days after a protracted downtrend is a reversal of Momentum and that it is a strong BUY signal.... I would not be surprised to see many of the day trading platforms such as Brit Bulls, Ichimoku and others changing their outlook now.

Now personally I do not have much faith in such things but many others do so it will be interesting to see if this tick up in price and volume continues over coming days.

Here's hoping :0)

Cor blimey I am in profit on those I bought last week!! Should I cash in...?!?! ;0)

Chasing people around?! Drewky what planet are you on? I am an investor in AAOG for goodness sake....!

I was simply suggesting that pointing out that AEX had a 50% spread on the ISEQ could hardly be seen to be giving you "grief"...!

So I suggest that you calm down a bit. "Pathetic"? "Grow up"? Quite unbelievable - do you really believe that you are that important? Grow a sense of humour and stop taking yourself so seriously.... no one else does.

"grief"?

Dear oh dear..... you poor thing you.

Looking at it again? probably not - the bid price is higher than the offer price. Can't see a MM doing that, unless it was done outside of the market by the ISA provider on their own book but even that is unlikely. Will we see it rebooked later in the day? Will we see two different trades later on that are the reverse side of two Sell transactions?

Oh well, whatever...

A "Bed and ISA" methinks?

On and total daily volume so far today? 100,000!!

Pathetic really :0)

On and Drewky did IM also tell you that there is a 50% spread? So you can BUY at 0.0188 Euros but sell at 0.0122? So about the same BID price after you take account of the exchange rate?

Ha, let's hope so Drewky but then on the ISEQ 3,000,000 shares (or even the 2,000,000 that I meant to write) would be huge volume.... I have never read too much into the Irish price.

For goodness sake Jonesey the sp has been falling consistently for two years and now you are expecting 3,000,000 of share purchases to reverse that trend.....? Get real man, one swallow doesn't make a summer. One week of consistent buying and you might see a reversal. There is still an awful lot of stock to soak up,

LEXION you say "Market Cap £1.5 m below UKOG; Erm there is something seriously wrong here !" Yes, LEXION UKOG is about three times what it should be....

Oh and FWIW mather, I absolutely agree with you....

And when all that happens Oz what price do you think WEN will be standing at? We will see if you are right.... I suggest that it will be at the higher end of it's historical trading range that is somewhere around 30 - 35p. All that Tanzanian political risk for a 50% upside? I can get that without touching small cap Tanzanian O&G companies.

You say that AEX is a "lottery" - yes Oz - high risk and high reward. That is why I am in AEX and not WEN. You cannot see that the price is higher for AEX than for WEN? You may be right but you cannot deny that in March 2017 AEX had a MC of £250 million. We may not see that again after the sale of Ntorya assets but I still believe that we will see 5p plus this year.

Only time will tell who is right. Bring it on.

They are not carried for the drilling, no but have just raised capital for the requisite Seismics. It has been suggested in the past that they will farm-out the drilling for a share of the income....

But then Oz whatever I were to say you would always be a detractor of AEX. I am not saying there is anything wrong with WEN, just that it really is not for me. The risk / reward ratio does not appeal. AEX has more risk but far greater upside in my view.

Fundamentally HY I prefer AEX because, over the course of the next three / four years there is expected to be a lot more activity frfom AEX than for WEN; with FFD at Ntorya, remediation of KN1, a new Kiliwani drill and the possibility of acquisition and diversification outside of Tanzania...

With the income stream that WEN have and have had for sometime they will always be a more stable platform for development and far less volatile but I entered AEX for a bit of "sizzle". And to be fair I got that when the sp rose to 7p plus. It was only my greed that caused me not to cash in then. I think with the activity on the horizon at AEX we could easily see those prices again.... I do not see any prospect of WEN rising to the same degree with their planned programme of activity. The downside of WEN is a lot lower but, as their share price performance over recent years has illustrated they do not have the upside possibilities either.

I know that you would argue differently but there is nothing about WEN that I find the least bit "exciting".... Now I would agree that "excitement" may not be the best argument for an Investment but then I have plenty of "investments" that are more staid, value shares and growth stocks too BUT I would not invest in Tanzania for such investments..... Tanzania by it's very nature is a "gamble" and if you are to undertake that element of risk, for me, it has to come with a commensurate measure of potential reward. I do not see WEN as having that same potential reward.

The figures will say very little that we dont already know or suspect. The expectation (at least my expectation) is that the presentation will include mote material news ahead of the AGM.

We can at least hope. I have been tk z few and ignoring last years AGM which was railroaded by the Farm-out they have all been revealing - albeit mostly underwhelming.

I will be attending the AGM and I hope many wil too. I think we need to send in a list of our collective qiestions and concerns well in advance and make clear that we expect answers....

I think HY anyone with any sense would be less concerned about diversifying their interests inTanzania than lookingto diversify outside of Tanzania?

Similar issues confront all Tanzanian "players".... the chpice within the country hasalready been made by most. For better or for worse.

Well firstly you are assuming we will have to wait until July and I dont. Secondly KN1 is not dependent on License.thirdly we have EOay figures coming out within a week or so.

"......never of thought we would be lower than solo...." Really loveable builder where the hell have you been since the Solo Consolidation? There hasn't been an occasion since then when the AEX price has been above the Solo price; that is at any time in the last 21 months.

Just to put it in some perspective, all of Aminex's Tanzanian concessions are "owned" by Ndovu - a Tanzanian based Company 100% owned by Aminex shareholders.