Member Info for Drewky

Could be. Perhaps can scent blood or maybe just a quick short before bedtime :0))

Stop it you getting me at it lol

Would you like to borrow a shovel Pete? ;0))

just noticed that after midnight post has disappeared while I've been out this morning. It was still there when I asked those question. I wonder why! Oh well matter closed.

The midnight raider hits a first post here in months as a direct attack on me and my efforts with the blog, anything about business comes later.

Did my first response to his post try to convince him of anything?

No it didn't, it merely asked questions in response to the innuendo he wished to promote over the reasons our Chairman has stepped down. He also made statements about salaries but has not answered a perfectly reasonable question with regards to them.

So what do we get? Yes a second personal attack on me and the blog. There is a pattern developing here. No one seems to want to discuss much at all they just want to make statements and attacks

This fellow was the reason the blog was started in the first place. The silver tonged devil that attempts to baffle with facts and figures that he knows very few will ever check up.

Buckle I don't give flying fook about what you think of the blog, it is not there for comedians, it is there to protect them from people like you. It carries information provided from official sources and respected media commentators and is not biased opinionated waffle! In fact is was your behaviour a year ago that inspired it. Yes a year not two. Are all your figures that unreliable? I think it's about time I got real busy on it again. Two more weeks and I'll have the time to do it, so make hay while you have the chance & thanks for the motivation.

That's the end of our conversation goodbye :0))

5 TCF GIIP - for Ruvuma - Ntorya 1.9TCF GIIP - 368 BCF 1C - 763 BCF 2C & 1162 BCF 3C

io commercialisation study est. $143m spend to recover 3/4 tcf based on current gas price, $3.27/mcf is worth $25m to $35m cashflow per annum to Aminex from 2020 to 2049” "Fully covered"

FARM OUT - APT have committed to spending a possible $110milion on the full field development of the Ruvuma project which includes a committed spending of $40million to Aminex. $5m cash & balance $35million paid as full carry up to 40MMscf/d at which point any unspent remainder will be paid in cash from gas profits.

APT will acquire 50% of the Ruvuma project with Aminex retaining 25%. Solo Oil hold the remaining 25%

“APT will establish an early production system to achieve an accelerated first gas to a minimum a MINIMUM gross rate of 40MMscf/d by Qtr1 2020” representing full carry to minimum $10 to $12m p.a. cashflow “Not revenue – Free Cash”

"Much more expected! Not worth building a 30Km pipeline for just 40MMscf/d"

Adding the Solo share of costs $35m gives $140m total potential spend & brings full carry to profitability as per “io” projections

"Any further spending will be self-generated"

“Chikumbi-1 well pad is complete - planning to drill this year”

“Multiple Targets - Gas - Oil at the lower level - Oil shows found down dip at previous drill”

“Planned around same time” APT will acquire 3D seismic data over 200km2 to optimise drilling targets

Based on results of CH1 and 3D seismic APT will build a 33km pipeline to Mdimba gas plant to allow for maximum gas delivery “planned for 2019”

“Q1 2020 Monetisation to coincide with demand call”

“Plan” Drill CH1 alongside 3D & back with further 3 to 4 drills (possibly 2019)

Full field development is projected to 140mmcfd by mid 2020’s

“Kiliwani remediation with income stream planned to resume 2018”

Possible further drill at Kiliwani South

Nyuni – Plans for 3D seismic

Competitors running maximum capacity & demand forecast to outstrip supply 2019

TPDC have announced feasibility study for gas pipeline to supply Uganda

Malcy Comments "Excellent meeting, shareholders have nothing to fear, bucket list status assured”

"The Zubairs are putting $105m on the table, they wouldn't be doing this if they did not think it was worth a lot of money" ”It's in the bucket, it's for a good reason. The value of this asset is high!"
https://audioboom.com/posts/6959402-ascent-resources-ast-and-malcy-on-solo-wrl-aex-iog-amer-hur-genl

Everything in this list has been produced in good faith & to the best of my knowledge is factually correct & has been published or stated verbally by management with regards to time schedules etc. DYOR https://aminexunofficial.blogspot.com/

Is it not normal for a man to retire after reaching the age of seventy or maybe more? Do we really need a plausible explanation for that?

Personally I don't think there is anything left for BH to do. He has set the company up so that it can finally realise some profit from its many years of work so I wish him well in his retirement.

As for the BoD being overpaid. By what measure, compared to what? Many on here including me question why the increase now and are annoyed about the timing of it and some even question the justification for it but that anger will disperse once the money starts coming in. So in my view measuring whether a BoD is being overpaid is like asking how long is a piece of string.

Would BF like to recommend somewhere we should put our money because he seems to be very good at telling people where they shouldn't. Personally I'd be concentrating my time on where I can make a profit rather than where I can't.

Hmmmm now there lays another question?

You do what you have to do dunder, we all have to earn a crust.

Just stop telling the world the share is crap. I want it to get to 3.5p as quick as possible to see the back of you lol

However as you've just said, if as I suspect it gets there quickly once things start to move, you may get that greedy feeling once more ;0))

Works both ways dunder. How many times have you thought I should buy this then not do it, only for it to fly?

There are times when it's down to pure luck and instinct rather than judgement.

Great shares can be spooked by a few tiny sales and crap ones can fly on the back of one decent buy and all the research in the world can't adjust for peoples mentality to follow like sheep.

All we can do is follow what we each believe and hope for the best

Oh my word, did I just read this correctly? "TPDC claim we owe is similar to the cash we are owed by the TPDC - can we not just let them cancel themselves out and move on? Even if it means forgoing some of that cash we could at least begin production again!" Of course the above is just another assumption about why we still have the delay at Kiliwani but oh my what a shocker.... I think if Jay actually did that, the author would be screaming BHATTACHERGEE giving our money away while taking salary increases. Another odd thing when comparing to the previous post our new account had no money yet can find some to give away? Hmmmm

I come home and see an awful lot of guesses dressed up as fact tonight. Is it Halloween? "We have been blocked from doing remediation" Now where was that said in any official notice? "Blocked from drilling Ruvuma on our own" Is that official too? "So the TPDC say they only owe us ~$1m and until we agree they'll force a farm out and shut down our only source of income". Is that true? Did TPDC really said that? Can you show some evidence please? "We'll not have any cash to do much more than 3D seismic at Nyuni and some remediation at Kiliwani (if we're allowed to)." Puzzled, have we employed a new account. Can I we all have a look at the books please? Has there been anything official to say we may not be allowed to do the remediation? Have Aminex said that or did the TPDC whisper in the ear for a second time? I wonder if you actually know what the problems were at Kiliwani and what happened as a result of those problems that made matters more difficult? Lock your doors and windows as nights everyone so the ghosts and ghoulies don't get in to rob you. If you have any sense you'll hang onto those prescious shares. Another blue day tomorrow guys? I'd like it but it might upset a few. Night night

You blinked and missed it :0))

Thank you it's nice to know you can be happy :0))

PMSL

Amen to that cp

I suppose changing tack is how you get you boat across the water and yes I agree you have but until today your recent gripes have been concentrated elsewhere.

I am looking forward to the day way you have nothing to moan about but hey I might be in a box before then. Now go have that weekend you talked about 2 or 3 hours ago :0))

Still do have Pete but fighting with back against the wall for 90% of the time. Last night made quite a nice change but as ever it doesn't last long.

Clamour for news get some and find something else to beech about. I think I posted that on Monday, not wrong was I :0))

Dunder you said 1. "Quite simply we don't have visibility or information to help us make objective analysis."

You the go on to say 2. "What is one man's 'negative views' is another's realistic assessment."

Can you explain how you can get to number two when one is in the way?

Pete I'll keep it short and sweet.

You used to be balanced "Used to be" the operative words :0((

Sorry Pete its your words not mine that make me feel this way.

You give plenty of negatives in fact you haven't stopped since the AGM and they have rarely come even tinged with a positive but whenever there is a positive spoken about, you cant help yourself to find and point out the negative and that where you imply the positive is merely a token.

"The Oil shows at NT1 & 2 are not sufficient in my view to give any serious chance of Oil in the Cretaceous levels and, as the name change underlines, the lower Triassic and Jurassic levels are purely "exploratory".....a possibility but certainly not a probability."

Of course you are entitled to your opinion and it may be right but firstly I think everybody knows that it is just a possibility, however it is a positive thought that people like to hold onto. I also wonder how you know what a sufficient show would look like. I wouldn't have a clue myself but I know it was enough to get the experts excited though as said you may be proved right however if I had to make a decision on that whether to drill on your paragraph I don't think I'd bother.

Without "any serious chance of oil" why would I want to risk money finding it? I don't see anything to be positive about in those words at all.

Give me a possibility any day over a no hoper.

If its as bad as you make it sound then Pete we should all

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l……..I
l…….O
l……/.l.\
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and you should have sold out long ago