Member Info for SQ320

Surely the most immediate catalyst is the imminent GSA? I think its agreement shows that all parties are aligned and the scope for disagreement later is reduced.

Prosciutto: "As a result, any positive developments won't have much of an impact on Aminex."

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The number of shares in issues does not impact how a share will respond to news. What will have an impact is the market cap in relation to the significance of the news.

Some investors are put off by penny stocks, but that's a completely different issue.

A tradeable SAVE would likely be somewhere in the teens now and it would be a great opportunity to add if you believe that even if we lose Chad we'll likely get SS.

It can't be very pleasant for them to be at the receiving end of concerned shareholder phone calls and the more specific they are about individual milestones the more likely it is that people will call up in the case of non-news.

So my belief is that they are fairly confident of meeting the milestones they mentioned in the last RNS and expect to announcement meeting them as that happens.

As for the CN-1 location, staying in the current location is cheaper and would be quicker, I'd think. And though I am not expecting it, perhaps more clarity about the Jurassic. Is it the case for example that the best location for the Cretaceous is not optimal for the Jurassic?

Yes, they'll probably dress up any delay by saying that the seismic results are so unusually good that they've taken longer than expected to analyse.

Or people have changed in the ministry (actually they have) and the new ones want a payoff.

I'd be surprised if IR go ahead with that call in light of that Facebook post from the Chadians.

Yes and if they buy AEX, WEN shareholders can get exposure to Ruvuma without whatsherface's hefty cut.

The M&P offer attaches a certain value to WEN's gas reserves, WEN gives you the figure in today's RNS. You can attempt a rough read-across to the value of AEX's reserves. It's significantly more than the current SP and that's prior to the 3D results.

Aimster - the minister has gone on record to say that they don't want anyone dicking them around and causing delays. There's an election in 2025 and these people want to be re-elected. I think we'll see a bit more urgency all around.

According to Rigzone, building a pipeline should cost about $1m per km. We need 30 km worth. Ok, there's other stuff, but how do they get to $500m?

If British government ministers can go on to become non-Execs of companies that were previously within their purview. I am pretty sure some creative solutions can be found in Africa.

Any chance of you going near the drill site with a drone with camera attached?

Anyone who knows anything has greater volumes to sell than the piddling amounts traded today.

It makes more sense for TPDC to do this, otherwise AEX will get into no end of wrangling with the locals over permits etc. All the calculations about potential payback for AEX are based on pretty low numbers and they'll definitely get more than those anyway due to index linking.

Would the rig specs give any idea of how confident they are of finding oil?

Thanks komakino.

This: "For the beneficiaries, they are asked to provide themselves with an Act of heredity, an Act of guardianship (if applicable) and a Minutes of Family Council which indicates the name of the person who will receive the check in the name of the family of the deceased.."

Seems sensible, I'm sure everyone here has been approached so that they can pretend to be related to the deceased.

Some nice infographics being shared on the telegram group.

Someone's pulled together material from AEX presentations and other info (about volumes of gas over the border) to argue that the seismic could yield a significant upgrade to the gas resource.

Lngtime holder. In a 2018 presentation by Jay B. the plan outlined involved drilling CH1 and then doing the 3D seismic. This has always been a multiwell programme.

CP, anyone who is now buying at 0.92 is doing so that for them to make a profit, someone else will likely need to buy at over a penny. I'd expect that to happen sometime this week, on the expectation that there'll be some news the following week.

Whether we hold 1p or better, I think depends on the level of detail AEX provide about their findings and drilling plans.

If it's quite bland, i think people will be tempted to take their chances with drills in the interim e.g. EOG before coming back in several weeks' time. Giving the timing of the last fund raising, I don't think it will be bland - sticking my neck out.