Member Info for matherdj

And I get why they are waiting for seismic first, but if you say you dont need it and that changes, good comms would at least mention why. Just ignoring a massive change of direction, at least for aex's situation, leaves a big hole. So often the case with their comms. If they were always going to move onto new ventures, it makes more sense, but still bad comms. Either that or we's been f@ck@d and I dont buy that with what's been and gone.

Dunder, the communications still are very poor. Who announces they will crack on with the drill before seismic and asap citing q1 21 and then moves it so far out with no reference as to why and explanation; especially when from outside looking in it seriously changes the financial position of the company. They could have drilled and raised with a reasonable mcap. Let's hope there is a plan and that's why they still seem quite bullish.

I think you may be right and there is something in the works. The message from IR was (before Monday's announcement) that post farmout, aminex is a totally different company and able to now have serious conversations about other ventures. Also mentioned in mondays rns and a couple of times before. Certainly seems to be the plan. Re Malcy, I doubt if Robert is that keen to talk to a pundit like him and not linked.

Are you having a laugh? If anyone will get the scraps, as you put it, it will be APT. Joker.

Not sure who Alex is :)

I think crusts post at 9.28 is the most urgently answered question. With the new legal appointment maybe this 'marriage' is already penciled in and being finalised. How good that will be for aex, who knows. If not, this delay shows contempt for Alex's position. I'm prepared to wait for the moment, cautiously.

Yes, but that was once he crossed the threshold and the selling was previous to the rns. I remember the after hours 1 mil blocks of about 5 mil shares each day. Doesn't really matter now.

He was selling during the rise up and down BG, as Crusty said https://www.lse.co.uk/rns/AEX/tr-1-notification-of-major-holdings-gr79u42e4jfkuj3.html

Early days since the farmout completed and the market needs to see some real progress with action after the last 3 years of seriously poor performance for various reasons. I think that progress isn't too far away, but the next operational update will give us more detail and I hope rough timescales.

You might need to catch up rojo. The farmout has completed and whilst there are still questions, your statement of 'God only knows' sounds like you haven't really grasped the situation.

Theres nothing to say Bucks. I was just answering northerns point on the OCM. Things are happening and like you say, just need to wait it out. The end game will be the same.

Northern, the OCM happened a while ago now as confirmed by speaking with Camarco. A few things were still to be agreed and details should be announced pretty soon. I was given a rough estimate of in the next couple of weeks last week, I think that was on Tuesday.

What are you on about Rojo? The RNS I'm waiting for, as you know, is confirmation of what the work programme is with timelines. I'm not 100% confident we'll get timelines so that's what I'm waiting to see.

Hi Max, I'm not sure it makes any difference as to how much communication the company will provide, but it does give you a better understanding of how things are going even if you do need to read between the lines.

Hi BG, maybe, but it's all pure speculation. They said they are just following process at the moment of which the OCM was part of. I think they will just crack on and SCIR is a sideshow. All we need is to see firm dates and I am waiting on the next RNS to see if that's what we get (at last!).

Hi Max, yes. All looking good, but I'm waiting on the content of the next rns before making any judgements as to whether we are 'go' .

The OCM has happened and is confirmed by Camarco. A few details to agree but not known what those are. Should get an update on the work programme within a couple weeks, but that is just a guess on timeline by Camarco. All sounded very positive, but remember that's their job ;)

I'd prefer to be reliant on APT, Crusty. At least they will get things moving.

Next couple of weeks.

.....and that's if the receivables haven't materialised which would be the best outcome in all this.

Depending on when the drill is, raise after. The share price will surely improve considerably either on the run up to or after TD. Zubairs might not like the raise/dilution so maybe another loan from them at 13%? Ntorya has such upside with the deeper targets they'll be hitting with each drill I'd prefer not to give that away so early on. It all depends on the deal but there are surely options down the line before cash runs out (I hope!).