Member Info for edgar222

Both Brian Hall companies, btw!

Guess I better average down Gwmo though. Share price a disaster but the story and prospects are compelling. So Aex/Gwmo.

Have been pointing out when I can to Wsbn'ers that Gwmo is also drilling a dome. My Wsbn profits will come here (or part of them)

Roger

Do understand but if I didn't try a trade then Aminex share price would be missing out on my purchase (as well as the sale). Is that better.

Though if your point is that people who lie about what they are doing are beneath contempt then I agree. Better to say nothing than pull the wool.

Rest assured my core holding is intact and going nowhere. My target price keeps increasing too. Told you I was terrible at selling!

I have always been a holder not a trader. Aminex has been the core of it, with others along the way. Lost big on IOG. Gained on a few others.

I have had a small trade on WSBN. Massive rise today. Could go further. And will if they prove up the gold field. Could be massive. Not the point though. My point is when I think about cashing in the profit r some of it and look to my next trade I just cant see past AEX! Surely rig tender news now due. I won't repeat all the other news that might land and regulars here know about. But even on a short term trading view AEX has to be good value at these levels?

Any views gratefully received. (I do not need to be convinced of the long term story, am all in on that). Upcoming near term catalysts and expectations would be helpful. Or put another way, on a pure trade, what will it take to get the herd to arrive here?

GLA

I completely disagree, Watchouse. (But am happy to debate it and don't mind!!!)

PR is not the point here. Fundamentals are. I want AEX to do nothing but report news from the operator. Spend nothing. Stay quiet. Wait. Like us. Not long now.

Good list, SC. There is more. Fertiliser plants and other industrials. And lots around export.

So much evidence now for how the Govt plan to use our gas.

It really IS accelerating.

2nd link

https://x.com/observerug/status/1955536641629757913

Https://x.com/achayegodfrey/status/1955642581490250149

Northern

Agreed. We are in a good spot. But LTHs with big holdings have put themselves in that spot. It is not luck. It is judgment and nerve. And the rewards are in sight.

We know the enormous newsflow that is about the happen. And the double pronged assault on the share price (production / the massive CH1).

Home stretch now, winning tape in sight. Given my record of being terrible at selling I am more nervous than when we were in the doldrums.

GLA

Roger

The whole Tullow history is another reason the nay sayers re the farmout were so wrong. Aminex' licence share went from 37% to 75% at no cost as Tullow walked away. That was always too big in terms of costs of exploration and development. Somin my head the farmout free carry only cost us 12% ofnthe licence (37 down to 25%). Still a superb bit of business by Jay B who was berated for it. Morons everywhere.

Https://x.com/TheCitizenTz/status/1953804302507814931?t=NMM70dCA1L9ZvILKcaIUcg&s=19

God no, Roger. Don't open the box.

;)

Really excited about the news around the AGM as reported.

CH1 flow rate of 50mmscf/d. Wow.

But for me the really important news is the limit on the TPDC taken gas at an initial 60mmscf/d. Meaning the rest can go elsewhere. Industrial, lpg, lng, fertiliser plants etc. And all of that at a higher rate per therm. Really important. And I think means our income calculations might be far too conservative. Am I missing something here?

Wryape

That made me laugh but am now praying for that crash. 🤦🏻🤣

Prospero

I agree (re the expedition of CH1) and I believe it is clear that Tz are signing up to all sorts of commitments for our gas. Export. Industrial. Domestic. LPG.

They need our gas.

It makes me laugh that it is the Govt saying please get on with it. Bit rich! But we are in excellent shape now.

Nothing goes up in a straight line. But the overall trajectory is so obviously upwards that it is painful.

I have a hunch it might be quicker than we think, too. Brakes off/coiled spring etc. But I dont care if I am wrong about that!

Best

Nonsense. Farmout was the best deal this Co ever did and it was obvious at the time.

That's it. That's the message.

Just time, now.

Still open to someone explaining to me the risks here. Regulatory, Geological, Financial. All have disappeared. (Or reduced to tiny risks). LTHs deserve this. Patience about to be handsomely rewarded.

Stockcheque

I am sure you are right. And that must (might?) also mean we aren't selling that extra gas into the Tz Grid? Does that mean higher prices? I dont know am asking/musing. All positive.