Member Info for Drewky

#Aminex Chikumbi 1 Well Drilling Nears As Rig Bids Tendering Complete - Drilling for known #Gas and potential #Oil at deeper target. Oil shows at previous down dip NT2 drill. What's the % chance of first commercial oil for #Tanzania @AminexPLC? https://aminexunofficial.blogspot.com/2018/08/aminex-chikumbi-1-well-drilling-nears.html

http://www.oilnewskenya.com/tanzania-chikumbi-1-well-drilling-nears-rig-bids-tendering-complete/

That's motivational! - Blogged & Tweeted

#AEX Aminex to supply #Gas for new #Tanzania #Uganda @TPDCTZ pipeline? Is there anybody out there in a better position @AminexPLC? With rival suppliers seemingly at full capacity I believe there is an advantage to be had here! Let's get on with it 😀 https://aminexunofficial.blogspot.com/2018/08/aminex-to-supply-gas-for-new-uganda.html

Another link from that article Edgar https://microcapclub.com/2017/01/the-art-of-holding/

Excellent news Leafs thanks

yeah happy holidays guys at least you can look forward to some decent ones that this little lot will provide

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/

Come on try harder boys Lololololol

Yes willow and many of them are sitting and trying to get back in lower. I have no issue with those that sit and trade quietly but can't abide those that try to mug others.

Anyway I'll leave the stage for now. I have one of mums roast dinners to look forward to, a few beers and a football match to enjoy

Willow go away and don't be silly are you really that naïve as to believe what they tell you. If you beleif in pump and dumpers then you have to believe in the opposite. They are one and the same people. They will be pumping under other names soon enough. They are here to mug the unaeare. Scum of the earth I believe was someone's words last week

Amen to that Irish but I'll not stand by and let these selfish gets talk it down to 1.5 with their lies and scandalous comments so I will ask them to justify any unfounded comments

You know when the shorts are in trouble they wheel out the big guns. Has anyone noticed it's a school holiday? How's the Big fella? Still waiting for my answers after his scandolous post he made at 12:35am Thursday and he removed it himself when challenged thinking he could avoid it. He's simply one more in a long line of bullshitters that have infested this place in the last year Now you've change your coat Tarry, watch out for the injun jumping on your back instead of patting it. Seriously though guys let's see more, the bricks need to be bigger, your sort of scare stories went out of date with Peter cushing

Back to discussing me again guys. Great I'll be famous soon :0))

Like the glaze covering an earthen vessel are fervent lips with an evil heart. Whoever hates disguises himself with his lips and harbors deceit in his heart; when he speaks graciously, believe him not, for there are seven abominations in his heart; though his hatred be covered with deception, his wickedness will be exposed in the assembly. Whoever digs a pit will fall into it, and a stone will come back on him who starts it rolling.

Proverbs 26:23-28

Don't see the relevance of that guy FL He is wanting nothing more than decent politicians should want. There is nothing in that piece that is linked to Aminex or anyone specific.

They have had internal problems and Magafuli had quite a few arrested last year so I assume this is nothing more the a continuation of their determination to stamp it out! Fair play to them, I wish they would do something about corruption in this country.

Dud link FL try this one :0)) http://www.orcaexploration.com/pdfs/2018_Orca-Q2-full.pdf

Come on boys you can do better than that, keeps the bricks coming :0))

Apache your truth is a lie and so is buckshoes. There have been many people make a lot of money on Aminex shares in the last 18 months sadly many of those are the ********s who have multi IDs and talk it both ways to suit their trading patterns and short plays. If either of you deny that doesn't happen then you need to wake up. 5 posts only 3 attacks on me and the blog buckle your average is slipping keep it up chap. How's the Big fella?

Getting ready to bring the picture out again dunder lol. Thanks for the info have good weekend, take a break not much gonna happen here until Tuesday :0))

Apologies GL that was not meant to sound as if you wouldn't know.

Would love to know more about the Tech GL. Did they they say they have a choice from multi sources?

One thing I have never thought to ask or seek to find out, perhaps somebody will know. Dunder or others perhaps?

When you bring in a rig, do you use your own personnel to operate it, or do you hire in the rig team as part of the rig package?