Member Info for RogerJolly

Was the effect crusty, not is. It's rising now because news is flowing and everybody can now see with their own eyes that it is going to happen. We see the physical action taking place week by week and for some of us it was never in doubt.

With the conversations you have had with the board over the years, even as a regular old skeptic, I'm pretty sure it was never in doubt for you either. It was always not if, but when.

*Nothing ever moves in a straight line.

Another one tomorrow

Looks like the HE1 profits are coming back after the Friday pull back here.

Well let's be honest Tanzania is where they will make their profits if it ever gets proved up.

What they have in Colorado will hopefully keep the lights on for them and help fund Tanzania without having to make further raises which is what was killing them in the first place.

Anyway whatever, this will be the place to be in the next few months and I'm sure you will be singing our praises elsewhere when that time comes.

I'm pleased you made some money crusty and yes here would be a good place to put your earnings.

We too have done very well here since the turn of the year and that is without first gas.

It does just show what first gas can do to a share, but that one is still years behind where Aminex is in terms of field development so I wonder just how big an increase we will see here now the gas lines are going in and first gas is expected within five months.

Perhaps you should bring some of your buddies over while it's spiking over there.

Loving that thought for Valentine's Day ❤️

I agree the price was in the selling range at the time and that is what led to the last two traits being in the red. Effectively no real movement today

He is nothing but a mood hoover. He would suck the life out of any room.

The celebration party when it comes would end up feeling more like a wake if he attended.

Building nice and steady

For those without tickets, now it's probably a good time to get them.

With the satellite images coming every few days showing the progress, things are going to get hot around here very soon.

You asked a similar question just two days ago and I answered as follows.

Based on recent reports, Aminex PLC’s own guidance, as referenced in financial discussions, points to a potential $40 million net profit per annum for the company based on a 140 MMscf/d (million cubic feet per day) production plateau.

A company generating 40 million net income per annum could have a market cap ranging from $400 million to over $1 billion+, heavily dependent on industry, growth rate, and profit margins. Using a typical P/E (Price-to-Earnings) multiplier of 10x–25x for established firms, the valuation often sits between $400 million and $1 billion, though high-growth sectors could warrant higher multiples.

Latest talk is the aim for 280MMscf/d so it's anybody's guess where we could end up.

I'm not saying it will within 12 months, but it is feasible.

Come on lets have that movement.

Satellite images coming watchhouse

40p edgar? I like the sound of that. Fingers and toes crossed. At that rate the celebration party no longer be at The Shard, it will be Rojo picking us all up in his fleet of Bentleys for a chartered flight to Tanz.

Flow lines

https://x.com/i/status/2021137054839558437

Steady on watchouse there's nothing wrong with football other than the standard of refereeing and of course fickle fans who only follow their teams when they're winning.

A bit like RoJo here I suppose. They buy their season tickets every year but then do nothing else but moan about the team, the manager and the board.

Based on recent reports, Aminex PLC’s own guidance, as referenced in financial discussions, points to a potential $40 million net profit per annum for the company based on a 140 MMscf/d (million cubic feet per day) production plateau.

A company generating 40 million net income per annum could have a market cap ranging from $400 million to over $1 billion+, heavily dependent on industry, growth rate, and profit margins. Using a typical P/E (Price-to-Earnings) multiplier of 10x–25x for established firms, the valuation often sits between $400 million and $1 billion, though high-growth sectors could warrant higher multiples.

Latest talk is the aim for 280MMscf/d so it's anybody's guess where we could end up.

Exactly Bullfrog.

For the construction of the 35-kilometre natural gas pipeline from the Ntorya gas field to the Madimba gas processing plant, the Tanzania Petroleum Development Corporation (TPDC) has allocated a specific budget of TZS 120 billion (approximately $43–45 million USD based on recent exchange rates).

Add the $140 million gross capital expenditure "carry" agreement between Aminex and ARA Petroleum to cover the broader development through to commercial production, the following details apply specifically to the TPDC-led pipeline project:

Official Allocation: On July 7, 2025, TPDC announced it had allocated TZS 120 billion for the construction of this raw gas pipeline.

EPC Contract: The Engineering, Procurement, and Construction (EPC) contract was awarded to a Chinese consortium consisting of China Petroleum Pipeline Engineering (CPP) and China Petroleum Technology & Development Corporation (CPTDC).

Project Scope: The project involves a 14-inch diameter pipeline designed to transport raw gas to the existing Madimba processing plant, which has a capacity of roughly 210 million standard cubic feet per day (mmscf/d).

Timeline: Construction is slated for completion by July 2026, with first gas expected to flow shortly after.

Add to that that we are already seeing evidence on the ground that the work has started, those pretending this is not going to bring a good ROI are being foolish.

Anybody that thinks this much capital expenditure is being spent on refilling a camping gas bottle needs to give their heads a wobble.

To be fair though, the people promoting such nonsense are not stupid they are just being dishonest for their own personal gain.

Good luck to the genuine

The title of the thread speaks for itself; it wasn't the person that posted it that said it.

An MP refers to Ruvuma of which Ntorya is a part of and I expect anybody considering investing decent sums in here would be doing that research.

However you still do not comment on the fact that what we have found is worth an awful lot of money and worth a lot more than a few pennies per share. Based on the known figures and the amount of money both the partners and the Tanzanian government are spending to get this gas out of the ground, Imo, there is no doubt that this share is well undervalued.

Do you agree with that or not?

I would never have known unless you had enlightened everybody.

Thank you so much for the warning, however I am fully loaded, won't be selling any whatsoever, so nobody will be getting my shares cheaply. Anyway, 10 tcf or 100 tcf is irrelevant to me.

Do you happen to know how much 10 tcf is worth? Or do you even know the value of what is already shown on the 3D?

When a government is spending on infrastructure like it is just to get the known gas that we have, then it's worth more than a few pennies isn't it?

Great spot watchouse