Member Info for Fowlertheprowler

Pipeline is the key milestone for me and I for one will celebrate when (but experience has taught to be add if) it's announced!

Hopefully by end of month! Pipeline announcement is key now and starting gun for rerating. Not going to estimate share price and markets will not value fully until gas actually starts being extracted, but surely we can get a floor above 2p on pipeline news and run into drills 2.5p +

It is as it has always been reliant on Tanzanian government finally getting it's act together. Let's finally show the commitment please - no more conferences, photo shoots, interviews but action please .... 'tender awarded' 'boots on ground' 'digging commenced'!

17 out of 28 posts filtered - a sea of green and very little in way of constructive debate. To all genuine shareholders have a good weekend, and let's hope there is some news next weeks with an update.

Yes it may have bottomed out . I have kept some powder dry in the event of another delay but obviously hope the next rns will announce something concrete although I concur with Crusty that it is unlikely to be April but I am more positive about second half of the year, BUT market needs to see actual construction on pipeline before we see it back at 2p. Then it's all about the drilling and I would expect some further uplift on anticipation (although to what price impossible to say) at which point I will take some of the table but plan to leave 5 mill for longer term. Good luck all, we deserve it and let's hope our patience (word often over used but not in this case) is finally rewarded.

Yes this it is in a nut shell. You're either patient and believe it will happen using evidence of government announcement (licence approval etc) and company correspondence on pipeline etc last year or you sell up on basis you don't believe it will ever happen because Tanzania government can't be trusted and our Qatar friends are making it up! Or you continue to carry a grudge, display mental problems and carry on like a few of you that I've filtered on here!

Agreed, it's dreadful, have added a few more to filter and screen full of green one liners most of the time!

Go to Filters (tab next to Share Chat tab) then enter name of person you want to filter out and they disappear!

Unfortunately, it still leaves messages from everyone referring to filtered person. If everyone ignored said person, this board would be a better place . Of course it's important to have balanced debate with pros and cons and I also understand why blatant mistruths are called out but clearly there are mental issues here and I'm not sure that people are helping this situation by feeding the beast!

I totally understand your reticence here updownstream and it is why we are currently stubbornly trading in mid 1's. The proof will be in the pudding and largest potential gains are probably still 12-18 months away but I do think there will be a rerate to mid 2's when the rig is announced and construction of the pipeline gathers pace (contractor announced and work actually begins on putting pipeline in). I'm expecting rerating to begin late autumn/ December but the truth is this is speculation and we are beholden to Tanzanian government with infrastructure.

Nothing new but confirmation of developments over last 6 months - expect price to remain static for now, until new news.

Does confirm we are carried to production and covered by finance facility if things to drift a little.

RNS neutral imo and irrelevant if it drifts a little if you are committed to stay until production.

The recent buys are mine ( 1,000 0000 x 2, 2 x 450,000 and 1 x 450,099 for transparency!

For me, it's now a strong buy with key milestones now being confirmed at government level at last (which is the key). However, the reality is that the history of failed deadlines that have beset this share for over a decade now will continue to suppress the share price until it is obvious that there is physical movement on the ground, such is the level of scepticism around this share. To this end, I am cautiously confident that once the pipeline constructions gets underway (October?) the share price will begin to respond. This will accelerate when the rig physically gets on-site. On a positive note, it means people still have an opportunity to accumulate at around these levels for a few more weeks/ even months possibly but patience is the key now. I added a few more yesterday to be transparent!

For the first time in a long, long time I genuinely believe 2025 will be our year and I don't think it's unrealistic to be looking at the sp trebling from here over the next 18 months, but there are of course no guarantees!

Evidence stacking up strongly now and crucially is strategically important fir Tanzania and government backed. Thank you for sharing Ufufo

Obviously, it's fine to put your opinion forward but repeatedly putting same statements out just starts to dilute message. My view for what it's worth is that none of us know exact timings because there are still a lot of variables outside of our control/ even ARA's control, but the trajectory is positive and this project will happen but it may be up to a year before the pipeline goes down and it's about being patient, however painful, for this key interim period. There may well be an opportunity to build bigger positions and lower averages although I expect we will bounce off the floor shortly, but if others do get in lower so what if you're in to conclusion. I don't understand why people get so confrontational around this?

Replying just gives them attention they so obviously crave. Go to Filters tap then enter nickname in box and all the nonsense goes away from the like of Rojo how low? etc

NM

I agree that we need some news Pete to consolidate rise and stabilise above 2p - official confirmation of license by month end surely, although we all know how slowly the authorities move and ARA obviously are hand tied.

I am much more optimistic, however, and expect a tick up in late July/ August when the tenders for the pipeline come into play.

Impossible to predict sp in 12 months time without full info from 3d seismic data and drilling to come, so not going to speculate, but I am expecting to see a floor put under the share price at around 2p once the official license has been granted.

Good luck all long term holders, we deserve it for sticking it out, I've literally seen my two lads grow up since I've first bought in back in 2010!

With rise to rns official confirming licence sign off should take us through 2p, then I suspect it will consolidate until drilling. I have noticed that there is not the same increases 'factored in' nowadays until revenues are actually realised, possibly a consequence of the global move towards net zero, but I remain confident AEX can get back to around 5p provided the Tanzanian government don't throw a spanner in the works. Risks still remain, albeit they are greatly reduced and once the pipeline begins to physically be laid I will feel much happier. My paranoia is the result of being a shareholder here for 15 years!

I also have millions, and will feel more comfortable when 25 year agreement is finally signed off

I share your sentiments Edgar and journey! What target price do you have by interest. I have 3p and June 2025 as timeline by which time I hope pipeline will be taking shape but very difficult to predict of course in Tanzania and we are as always beholden to authorities!

A very positive first step that gives me confidence that the rest will follow, albeit with delays. I agree that the pipeline delay will hold the price back, but the triggers that will now follow over the next 6 months should get the sp back towards 5 year highs around 1.30. Whether it then build towards 2-p and beyond will be determined by any future delays and my gut feeling is that we will have to remain patient throughout 2024 - a familiar story with Aminex BUT this the signed sales agreement is tangible and will underpin the share price now, AND I am increasingly confident that there will be no more rights issues/ cash raising. 3p as we build during year one of production is not unattainable if the workover and drill go well over the next 6 months, but it's impossible to put a firm date on this and I suspect end of year one will be mid to late 2025, but that would still represent a big increase from where we are now. I appreciate it's frustrating for long term holders (of which I am one) but we are at last going in the right direction again.

That disappointed with pipeline being put back back but no inference of need to cash raise for Aminex (to the contrary in fact with reference to investment being carried throughout.... just more patience required !