Member Info for matherdj

Ha, sorry apache. I thought you were referring to me on the other thread calling me some indian insult

Just a bloke on a message board like you.

I apologise sincerely. It would just be nice if you'd stop the one line whispers of doom and back up each statement with something. One post in every hundred saying 'just look at the share price' isn't enough considering your assertion.

To be honest, and with the greatest respect, I don't think you would be either. The avatar role play is all a bit silly. Sorry, but it is.

Like I said, as long as its backed with some thought and reason my brave indian friend :)

Well said cp, a lot of things to discuss. We know nt2 should have flowed quite a lot better without the mudding up and I think Neil said 3rd parties had suggested over 40. Just to add to that he had also said four times the 17 in an earlier presentation so he can hardly be taken as gospel, but we do know they are high pressure from previous drills. APT will have access to the right equipment to manage future drills so hopefully they can achieve the optimum flow rates. Shame they didn't come forwards before but I'm sure they will be far more obliging as the operator. So 40 scuffs minimum seems like a low target considering the existing 2 wells tested 3 below that and will hopefully be reworked over to raise that. Ch1 was always targetting a bigger net pay of sands. We have an additional deeper target which always worried me slightly in that I'm guessing it could add risk to the upper target if anything went wrong. I'm happy to have APT as the operator and for me that's a massive plus. Add their much better relations with the government and this deal looks to add considerable value. Still need to see if APT will achieve those things but it looks like they have the ability to do so.

Oh well....i tried :)

Dunder, some of what you say is very true. I think everyone just needs to grow up a bit and stop with the name calling and antagonistic remarks, the later of which I'm sure you'll admit you love to do. There's a pesky cowardly indian that loves to join in with that and when that happens it becomes bullying I'm afraid. Everyone one should be entitled to an opinion as long as its backed up with just a little thought and reason and not shot down as a ramper or deramper. I find it all off putting and like watching a group of kids in a playground. It certainly stops any sensible debate as its clear for all to see here. Time for everyone to draw a line me thinks. I sound like crusty saying that! No, I am certainly not his nice cop :)

He means drewky, tanz. Drewky isn't barking either, just dug a bit of a hole and got quite harshly treated, dare I say bullied, by some on here. Not nice to see and he'll have his day once the deal is signed off in September and we see progress. Couldn't come quick enough for me.

Seriously Drewky, just update some of the points as has been pointed out and maybe this stupid back and forth can stop! Change free carry for carry example. You guys are just winding each other up and its going no where and just causing carnage on the board.

Are you sat by yourself Dunder? Would be very rude to be on chat rooms if in the company of others. Tuscany is BEAutiful. Sienna was my favourite out of there, Florence and Pisa. Just made you relax and enjoy life. I certainly wouldn't have been posting on here and especially in a confrontational battle! Go an enjoy your holiday. Prego.

This board has officially gone mental. Irish, please bring back some of your sanity ;)

I was only joking really :)

Wow, this really has gone a bit school boy. Just to cloud the issue for fun, say ntorya fails and after three dusters they decide to walk away after using 15m of aex cash for their 25%. As ntorya in that case doesn't produce then aminex would never see the remaining 20m. Hardly aminexs cash! Just thought I'd add that and see what comes back for fun.

Burning, its looking pretty good here if looking to buy now. In fact it's better than just good. Not sure ruvuma will give anymore than Aminex have seen but if a sale rather than a carry its hard to value on with what's known. Hh is going well. You've been crying out with the other 2 or 3 on here that's slate the company daily that nr needs to go or step down to just geology which he is tomorrow. Looks better than it has for a long time.

Totally agree with that. We have a road map, I think it may change, but not in a bad way and once we know, it will hopefully be played out within proposed timescales. That will be very different from the past and most welcome for investors.

Drewky, I understand what you are trying to say, but if aminex just had 110m invested in it then that would be a totally different thing. Ruvuma has the confidence of the zubs to invest that amount and that bodes well. They certainly didn't have the confidence to support aminex in the same way which is what your wording suggests.

Tarry, not sure the prospects (cos) of oil would be great enough for malcy to mention the trick up the sleeve comment. I do think the zubs bigger strategy could influence demand forecasts though.

Willow, solo are going to struggle to raise the required funds for ruvuma. They wont get a better deal than aminex have. HH is going well. I'm invested there but I thinks its naive to call it right now. Ruvuma for them could bite but I hope they get a similar offer to aminex with the carry.

Drewky, they are willing to cover costs of up to 35m and give 5m in cash in two tranches for 50% of ruvuma. They are also prepared to lay down 70m in dev costs for their newly formed APT who will be operator of that 50%. They are not investing in Aminex. Ruvuma is what they are interested in and later it will be nyuni (quite a way off though). This is good for aminex Imo but amazing for APT where they are 'investing' the majority.

Tarry, aminex have been a bit of a nightmare with missing targets, issues with kn, speed of working with the gov etc. Personally I am warming considerably towards the deal and see great times ahead in a fairly short time frame. Still to be proven if ara can move quicker in the political environment but they certainly have the finance. With the zubs looking to build industrial factories the gov should have a bigger ear when it comes to license sign off, gsa etc. I'm hoping a lot of the frustration of recent years should be negated now ara will be in control. If we see them lay out a plan and deliver ch1, seismic and possibly subsequent drill(s) in 2019 I don't think anyone will be complaining then. I've been wondering what they could possibly have up their sleeve according to malcy and I just don't see what it could be from aminex. The only thing I can think of is the other projects the zubs might have planned which could increase demand for the gas. A nice little fertiliser factory could add 75-125 scuffs. Total speculation of course but it would make sense. The projected min 40 scuffs does seem very conservative certainly from a production capacity view. I'm very happy with how things are regardless of how the market reacts between now and the egm.

Exactly. Know the limits. But good things from here id say.