Member Info for EarEyeAm

Candlestick,

Yes, big number that, significantly bigger when they add years of compound interest on top.

Not just the progress on the ground to look forward to, but the revenues due to commence in Q4 that will quickly turn this company profitable, at which point the risk evaporates and any Fund Manager worth his pay cheque would load up.

https://www.lse.co.uk/ShareChat.html?ShareTicker=AEX&share=Aminex&thread=2883D3A5-18DC-4D52-8D5B-F1DB5D772C8E

"Balance sheet IS VERY STRONG and has further improved post year end"

"HUGE rerate" once the Puglia 7MW project proves that €600,000 of company investment creates a Solar Park worth €9.1m. This is happening in July.

Both gone through now, easy enough to see they are buys from the price per share paid.

The next step will be announcement of the decision to Annul ICC-2, we should be told this before month end but more likely by 15 June as that is 9 months exactly.

Presuming Zenith get the case Annulled, soon after we should be given a date for a new hearing. This should be a fast track process due to the fact that the previous decision was biased, thus the fault lies with ICC and they should make the new hearing as quickly as possible.

Zenith's case for Annulment will succeed. It's clear to everyone that there was bias, it makes no difference whatsoever whether that bias was conscious biad or unconscious bias, both require Annulment.

What the statistics say is irrelevant, as those statistics include many cases where those with the judgement against them had a flimsy basis for Annulment and were just 'trying it on'. You cannot go by statistics that are a generalisation of dozens of completely different cases. The only way to judge whether Zenith will be successful in getting Annulment is to look at the evidence Zenith has presented, which all points to a clear win for Zenith.

The fact that the Swiss Court has accepted the Annulment request should also be noted, because if there wasn't a valid case put forward by Zenith for Annulment then the application would have been rejected.

"Under Swiss law, a party may apply for annulment of an arbitral award in limited circumstances, including cases of serious procedural irregularities."

"During the ICC-2 proceedings and upon review of the ICC-2 award itself, which contained only six pages of reasoning to dismiss claims of approximately US$130 million after proceedings that lasted more than two years, the Company's legal counsel identified and documented various such irregularities."

Following further investigations conducted by the Company after the ICC-2 decision, the Company has also identified previously undisclosed connections between members of the Arbitral Tribunal and the Republic of Tunisia."

Gr1bbler,

Spot on!

I'd also like to add that MSC vessels trapped in the Persian Gulf are a serious concern for MSC, they are sitting ducks that Iran could hit at any time and, their sailors are trapped there.

"Since the outbreak of the regional conflict in February 2026, many Mediterranean Shipping Company (MSC) vessels have been trapped inside the Persian Gulf. While several successfully escaped during brief openings of the Strait of Hormuz, trapped vessels face severe security risks, including recent kinetic attacks."

Current Status of Trapped Vessels

Mass Involuntary Concentration: Up to 42 container ships were reported trapped inside the Gulf, representing one of the largest such concentrations in modern maritime history.

Mass Escape: During a temporary safe corridor period, eight container ships (six operated by MSC) managed to safely clear the Strait of Hormuz in mid-April, including the MSC Clara, MSC Grace, and MSC Margrit XIII. Cruise vessels like the MSC Euribia also escaped the Arabian Gulf.

Seizures & Diversions: Prior to the escapes, the MSC Francesca and Epaminondas were stopped by the Iranian Revolutionary Guard Corps (IRGC) and forced into Iranian waters.

Recent Incidents & Security

The security situation in the area remains volatile:

MSC Sariska V: Operating as a regional feeder, this vessel was hit by an apparent uncrewed surface vessel (USV) strike in early June 2026. The projectile struck the starboard side causing an explosion while the ship was in Iraqi territorial waters near the port of Umm Qasr.

MSC's Response:

MSC has condemned these unprovoked attacks on their ships and seafarers. The company had to completely restructure its regional supply chains, utilizing overland trucking services across Saudi Arabia and the UAE to bypass deep-sea shipping disruptions

Everyonesawinner,

Big buys, gonna be delayed to maybe 5:30pm

Good point, yes, minimum. CH-1 is going to hit multiple targets on top of the known Ntorya sands that make up the base 60MMscf/d

I'm still hoping for oil in there somewhere too. 🤞🤞

Highest volume since mid December 2025.

"It is 100% not the war"

The war has definitely impacted the speed at which the MSC agreements have progressed since the war started 97 days ago, because MSC had to focus 100% on:

1) Reorganising it's ships to avoid the Strait of Hormuz

2) Reorganizing it's fuel supplies to allow for no fuel coming through the Strait of Hormuz

3) Seek out new fuel supplies if the existing ones couldn't cope without Strait of Hormuz supplies

4) Work with it's clients to sort out logistics wherever Strait of Hormuz or Ports impacted by the war were involved in the route

100% we have been impacted by the war.

Someone is keen!

04-Jun-26

13:40:53

2.1569

1,600,000 shares

£34.51k

As the pipeline was on track and the downtime in May for the rainy season was 'planned in' to the September first Gas into the pipeline, I was just wondering if anyone had calculated the revenues we can expect in Q4?

The last wellhead Gas price made public that I know of is $3.6212 per MCF from 2023. It's not tied to global prices so no point anyone quoting those.

https://www.pura.go.tz/uploads/files/Pooled%20Wellhead%20Natural%20Gas%20Price%202023.pdf

NT-2 connected September

CH-1 connected once drilled and tested

NT-1 connected after work over after CH-1

"The Ntorya-2 appraisal well, located in Tanzania's onshore Ruvuma Basin, successfully flow-tested a stabilized gas rate of 17 million standard cubic feet per day (MMscf/d)."

17000 MCF/d x $3.6212 = $61,560.40 per day

= $1,846,812 per 30 days

= $5,540,436 per 90 days

25% to AEX is:

$15,390.10 per day

$461,703 per 30 days

$1,385,109 per 90 days

With all 3 wells connected the production goes up to 60MMscf/d.

25% to AEX is

$54,318 per day

$1,629,540 per 30 days

$4,888,620 per 90 days

That's the initial phase, then it carries on to 140MMscf/d in phase 1, then 280MMscf/d in phase 2.

Company changing revenues in Q4 moving on to mind boggling revenues as we progress through the drilling phases

Next target 7p.

https://ibb.co/v4ppK3CC

I just checked the chart and this is a 10 year breakout.

Yes, that's right, the last time the price was this high was in 2016!

Just ignore the 🤡 he's been spouting BS for years and will continue to do so regardless of how high the share price goes. If everything he's said against AEX was what he believed, he'd have sold up and put his money into any of the other thousands of stocks and funds to try and recoup his losses elsewhere, the fact he continued to post tells me:

1) He never had any AEX stock, his being here was a personal vendetta against AEX (ex-employee or ex-contractor) or against someone here that holds the stock (any of us that have been here as long as he has)

2) It's all just a ruse to try and keep the price down whilst he accumulates as much of the stock as he can every pay day.

Fact is, everything he says is a lie, the motive is actually irrelevant.

Just ignore the 🤡 he's been spouting BS for years and will continue to do so regardless of how high the share price goes. If everything he's said against AEX was what he believed, he'd have sold up and put his money into any of the other thousands of stocks and funds to try and recoup his losses elsewhere, the fact he continued to post tells me:

1) He never had any AEX stock, his being here was a personal vendetta against AEX (ex-employee or ex-contractor) or against someone here that holds the stock (any of us that have been here as long as he has)

2) It's all just a ruse to try and keep the price down whilst he accumulates as much of the stock as he can every pay day.

Fact is, everything he says is a lie, the motive is actually irrelevant.

Market Cap at this price is £1.22m but a cash shell sells for upwards of £3m. Will soon own 11% of Ardgowan and get £425k in cash from Ardgowan.

Here's where it says Ardgowan initiated this agreement "Over recent weeks Ardgowan's board, working together with its shareholders, convertible loan note holders and lenders, has sought to recapitalise Ardgowan's balance sheet by agreeing a range of measures with these parties." And "... this will have the effect of reducing Ardgowan's annual interest bill, as well as materially reducing its indebtedness."

In an attempt to simplify what the RNS says re DIS, I make it that DIS will get immediate cash of £30,000, further cash of £395,000 between 13 and 30 June, plus 10.5% of Ardgowan shares.

DIS can obviously sell some of the Ardgowan shares if it needs more money. RG will gladly hoover them up.

Once Ardgowan have completed the debt conversion, they can get a valuation put on the business, which will dictate the value of DIS's holding. This also then becomes a tangible asset on the DIS accounts, more so than CLN's.

The ONLY way to know the true spread is to do test trades. I just did these. As you can see, it is much closer than advertised.

Sell 1000000 DIS - DISTIL PLC ORD GBP0.001 at a price of 0.0577p

Buy 1000000 DIS - DISTIL PLC ORD GBP0.001 at a price of 0.064p

That is a spread of 10.92%