Member Info for RogerJolly

Rig Tender news could drop any day now and also Boots on ground images. Big news flows are coming here

President’s official announcement signals a major acceleration in Tanzania’s domestic industrial gas demand — here’s why it matters for investors.

1. The Announcement: Straight from the Top

On her official Facebook account, Tanzania’s President has outlined an ambitious new natural gas initiative.

Frame-by-frame translation of the video text reveals:

“TPDC opens doors of 2000+ industries to natural gas on the coast”

“TPDC to build 102 km pipeline from Dar es Salaam to Chalinze”

“2000+ industries to be established in Kwala Strategic Zone”

This is not speculative commentary. It’s a direct communication from the country’s highest political office, signalling official intent and policy direction.......... More

https://aminexunofficial.blogspot.com/2025/08/tpdcs-coastal-gas-push-2000-industries.html

Exactly the same MO as two tick Mick from back in 2017/18/19. Always pushing Wentworth and bashing AEX

I don't think so, I maybe wrong but the big sale looks like a one off with a sell order achieved, add that it was delayed reported and it made no difference. Can still drop 1.5 mill in one hit and they snap it up at the same price as that and £1K buys still keep coming

Yes it is right under the wire now

As the Donald said it is time to "Drill baby Drill"

Personally I am higher before Christmas but I don't think anybody here is going to complain it at those figures

It could be Bottox guys the inflated figures are simply re calculated from last weeks figures taking into account the Orca report - "Updated Orca-Based Valuation:

Our original 14-well, 420 MMscfd projections used conservative gas price assumptions of $3.50–$5.50/MMBtu. However, Orca Energy’s 2024 report confirms a weighted average realised price of $4.95, with a $3.88/Mcf gas-to-power rate and an $8.45/Mcf gas-to-industry rate. Applying blended scenarios of $6.17 (50/50), $7.08 (70% industrial), and $7.54 (80% industrial) lifts projected share price outcomes significantly across all market multiples. At the upper end, the industrial-heavy blends more than double the implied valuation compared to our earlier chart, reinforcing the bullish case for Ntorya’s earnings potential as higher-value industrial demand ramps up."

It clearly shows the calculations were done on an expectation based on a weighted payment of $8.45/Mcf gas to industry rate with a 50/50 rate applied because of the current push on potential industrial usage. Probably best to take in the previous post from last week https://aminexunofficial.blogspot.com/2025/08/aminex-14-well-expansion-could-catapult.html

Obviously nothing is guaranteed but we are looking at the long term potentials based on the countries aspirations and current plans that we learn about each day. As you say 6p by the end of this year would make many of us very happy. I am to old to see the full value come out, but a youngster that invests £1000 at these levels and can afford to leave it in for 10 to 20 years should end up with a substantial pension pot.

Not advice so DYO research.

All I will say is I have £4k earmarked in for my four great grandchildren all under 7 atm

Orca’s 2024 realised prices reveal a higher-value demand mix, doubling Aminex’s projected upside in the 14-well scenario.

When we modelled Ntorya’s long-term value earlier this year, our 14-well, 420 MMscfd case used conservative gas prices of $3.50–$5.50/MMBtu. That produced impressive numbers — with some scenarios approaching 80p per share.

But the latest Orca Energy 2024 annual report changes the game. It shows:.....

https://aminexunofficial.blogspot.com/2025/08/from-80p-to-135-rising-gas-prices.html

Great stuff, shame it is just the tiddler trades playing opposite ends of the spread no doubt from free trade sites as they load them all in at the same time.

Wont take much to push it through though GL. The trend is clearly upwards

Https://aminexunofficial.blogspot.com/2025/08/tanzanias-energy-infrastructure-surge.html?m=1

#AEX Tanzania’s Energy Infrastructure Surge Sets the Stage for Explosive Gas Demand

EWURA’s 109-permit wave, CNG expansion, and major industrial projects point to a multi-year growth engine for Ntorya gas. aminexunofficial.blogspot.com/2025/08/tanzan…

Very true Edgar, very true!

🐕🦴

I think you are getting mixed up. SC

Aminex and Tullow Oil have a history of involvement in the Ruvuma Basin in Tanzania, specifically related to the Ntorya prospect. Initially, Aminex was the operator of the Ntorya-1 well, with Tullow later becoming involved and taking over operatorship. Eventually, Aminex regained operatorship of the Ruvuma Basin. Aminex estimates the Ntorya prospect to have a 20% probability of success and a mean recoverable resource potential of 100 million barrels of oil.

Here's a more detailed breakdown:

Initial Involvement:

Aminex initially held 100% interest in the Ruvuma PSA (Production Sharing Agreement) and acquired the initial seismic data.

Tullow's Entry:

Tullow joined the joint venture in 2008 and assumed operatorship of the Ntorya-1 well.

Ntorya-1 Drilling:

Aminex announced the drilling of the Ntorya-1 well in 2010, with Tullow as the operator.

Tullow's Withdrawal:

Tullow later decided not to participate in deepening the Ntorya-1 well.

Aminex Regains Operatorship:

Aminex took back operatorship of the Ruvuma Basin, with Tullow's continued support.

Ruvuma Basin Operations:

Aminex operates through its subsidiary, Ndovu Resources Limited, in Tanzania, with strong relationships with local stakeholders and the Tanzanian Petroleum Development Corporation (TPDC).

Ntorya Prospect:

The Ntorya prospect is considered to be a high-potential area within the Ruvuma Basin.

And the rest they say is history...

🐕🦴 Lol.

You can list as many 'might be' things as you want SC but in this case the rise has become because news. Please dont tell me you can't recognize that.

Current sentiment is because of newsflow not because the charts edit would go up.

Just that's it has gone up on that good news recently if we had bad news in the morning it would drop where would the chart be then. It is no more reliable than anything else. Back in the 70s I used to use charts that I made up just to do my football pools, sometimes I won but most times I didn't. I certainly wouldn't have put my house on it.

FLNG was under discussion here 2 or 3 years ago maybe a little long ago as China were building them.

SC "The 60mmscfd is the minimum ARA expect to get from NT-1, NT-2 and CH-1, but they have said CH-1 could be 50mmscfd which would take the level to 90mmscfd from those 3 wells"

Personally with nt1 and 2 measured at 17 and 20, I would hardly think they would be doing a work-over and a cleanup just to get an extra three. I would think they would expect to get much more from those two wells to make it worthwhile?

I suppose we would have to work out what those extra three would return financially as against the cost of making it happen. They obviously believe it's worthwhile so as I said I think they expect better than 20 from each. When you think they over-mudded NT2 for fear of blowing up the country, the pressure down there must be very high so successful cleanup should bring great reward.