Member Info for Drewky

Ask your self a question John. How many shares do you have to hold short in order to have the requirement to register here.

With the low volumes we are experiencing the traders and shorters are having an easy life right now!

Does that mean you don't know what they did even though you accuse them on an almost daily basis? I see!

You dig and make smart arsed snide remarks at me on a daily basis and I ask you to educate me about what they specifically did wrong and you can't tell me?

Nothing more to be said is there!

Dunder you still have not answered the question. Specifics please?

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/

I'm just defending against the cry babies whinging and moaning its as simple as that.

Firstly dunder this thread title is not of my making

Secondly I am asking you a specific question. You always blame the board for everything and you say you have good reason so I am asking what they personally did to make the share price crash back then? Not the result, Not the price but how? Just what exactly did they do?

I couldn't address your point and nobody else could either because the points are just your own personal slant on the situation. You will have supporters of your view but others who disagree.

I happen to agree in the main and I think most do but there is nothing I or they can do and so you are dead right, this constant whining from people is Total Bilge because none of them will get off there arses and do anything!

So it would be nice to walk away and not have to read more of it but that won't happen will it Pete because you will go on and on like Ariston just like those who feel the same way as you!

Anyway enugh as you said

Dunder I really don't care what you think of me mate. I believe what I believe and all the shyte you can throw will not change what I see going on here.

As for the education I asked for. What time frame are speaking of and what specifically did they do to screw everything up back then? It was a genuine question and still requires a genuine answer with some detail.

How else am I suppose to understand your feeling if I don't know the specific causes. You were discussing .65 back in 2014 being down to the Bod messing it up, so I'd just like to know more about how they themselves actually caused its down fall?

BTW I am voting for the acceptance of the Farm out - There is nothing I can do or say that will change the salary situation.

You said to me you will vote against it "as a protest vote" and so in saying that you accept yourself that that is all in can be "A protest" I have no issue with that, it's your choice and I don't call you a fool for doing it do I?

You intimate I am a fool because I recognise the situation and wont do anything about it! In fact I would say I am wiser to save my energy for things I might be able to do something about!

After all what good is a protest if it achieves nothing? It's a bit late to shut the gate after the horse has bolted.

If there was a genuine chance of blocking the salary change, I would support it, but there is no way that I would personally vote this farm out down over this!

Each to their own but I'm no fool I can assure you of that!

Pete I don't understand why you appear to take offence at my response?

I asked a couple of questions in response that is all. Just because I did that does not mean it's my BB. They are relevant questions to the remarks you were making about the boards actions over salary increases....

Are they not doing what everyman jack would do in those circumstances?

Are they any worse than the vultures on here trying to force the price down?

I think they are perfectly reasonable questions dont you?

I asked you to educate me with regards to your comment which was referring to a few years back "Gaslady maybe they shouldn't have got themselves in such a mess in the first place to drive the sp down to 0.65 in the first place? "

So I'll ask you again "can you educate me on how they did that? I know I first bought in on those lows but what was it the management did exactly that directly put them in a mess?"

What did they do to cause it? It's a genuine question so a flippant answer is not suitable. You have the chance to show your knowledge here...

Forgive me Dunder can you educate me on how they did that? I know I first bought in on those lows but what was it the management did exactly that directly put them in a mess?

Pete are PIs fools for knowing what is and has happened? I don't see much in there Pete that many don't realise or understand. There is some current fixation on the BoDs behaviour over this and I understand why but are they not just looking after themselves before that performance related suggestion is brought into force? Are they not doing what everyman jack would do in those circumstances? Are they any worse than the vultures on here trying to force the price down? I'm not happy about what they've done over this and the timing of it though I understand it, but that does not make me a fool. The fools are the ones who scream and shout yet do nothing and can't be bothered to attend meetings to let their voice be heard. I know you'll be there and you told me private your intention and while I won't do the same I appreciate your reason for taking your stance. At least you have the bottle to stand behind your words.

random we had this only a week or two ago when people were complaining they bought in on the strength of back to back drills. When they said when they had actually purchased it had been in the public domain for at least three months that there would be no back to back drill.

I maybe wrong but I thought you were involved it that conversation! Whether or not that was so, it did show that some people were either lying or were not doing their research.

Then I suggest you go back to Breeks post and read what I was replying to following his reply to GL

I have made no comment on whether they have earned one or not at any stage, so please don't stir shyte up for the sake of it if you don't mind. I don't wish to involved in your attacks on the Bod warranted or not.

I said I believe they made an error in doing it when they did and that's all you are getting from me!

You people just wont' leave alone will you. I suggest you all get off your fat arses and attend the EGM for yourselves. Basically put up or shut up!

Random you another one who is selectively choose what to read in my post. Typical read first few words and throw your arms in the air Jees

Timing issues aside then Breeks

You agree as you state... "the BOD had low (compared to other listed companies) salaries"

As you do agree then you should surely understand why they would want to bring their salaries into line with others.

As I said timing issues aside because I fully agree with you the timing of it has not been good and it has NOT been a clever move by the BoD to do it at such time.

BTW that is another thing I have said many times that people choose to ignore!

Gas lady well said +1

MJ, what do you not understand about my reply to you?

The decision is not for Aminex to make, it's as simple as that!

mj iy you read the RNS and you watch the interviews etc as I do, you will know as well as I what the situation is.

The rig tenders have been passed over to our new operator and as it is now in their hands, it is their decision which rig to use and on what date to drill and it is also their decision whether or not they want to tell us about it!

They don't have to tell Aminex or us anything and Aminex can only bring forward news about Ruvuma that they have been supplied with.