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People moaning (or fake moaning as many on here do regularly when they trade out some/all) make me laugh.
REAL investors look at the FUTURE not the past.
REAL investors BUY LOW and set themselves a price target, NOT a time limit.
Right now, QED is DIRT CHEAP with a paltry Market Cap of £26.82m.
EVERYONE here KNOWS what the Market Cap should be if MSC trials are successful.
The odds are way better than 50/50 or it would never have got this far.
Either take the gamble or do one, go invest in something you trust, something that does not affect your mental wellbeing, something you consider 'safe' and are happy with the BoD and their communication, that will leave others not having to read the daily whining.
You really have to have your head deep in the sand to say that Aminex announcing the licence has been signed off is nothing new, when it is.
Head so deep in the sand that right now he's looking around at the huge gas traps in Ntorya, which explains why he is so full of gas LOL!!!
No idea who McTripe is, but I've only ever seen that name used by bashers on the LSE QED board, so quite possibly RoJo is not trolling AEX, he's trolling this McTripe person on multiple boards under different logins. That certainly explains a lot, because there's some real pshycho's out there that will internet stalk others.
The only delays appear to be:
1) Internal Government processes to issue the licence
2) A licence presentation event
I suspect '2' is what's taking most of the time, organising a venue, having all the most important people in Tanzania Government available, inviting some industry bigwigs possibly, arranging hotels, transport, catering, etc for incoming guests from ARA and AEX. It all takes time to line everything up.
Where's those naysayers popping along to admit they were wrong? All hiding under a rock I guess!
Link to all Aminex Tweets.
https://twitter.com/AminexPLC
I must say, the sight of all these seismic trucks is giving me good vibes!!
Link to all Aminex posts:
https://www.linkedin.com/company/aminex-plc/posts/?feedView=all
Another average down for me, thanks Mr Market.
Once this is private it will get a quick rerating by the Auditor to multiples of the current MCap, and boom, I'm back in profit overnight.
Thanks guys for the insight! I'm sure some big deals are ahead as the Ammonia Cracker is containerised and as we go to full outsourced mass manufacturing.
PepeT2
Japanese visitors were the Chairman and CEO of Komatsu, the 2nd largest producer of construction and mining equipment in the world.
Justaguess
Adam did say that the photo of the Balfour Beatty visit to the site, they were all their top management and money people wanting to visit and the photo of the Japanese visitors the top man from Japan came over to visit the site so many companies are showing great interest in their products.
Oh how they would LOVE to have these concrete pumps on all their projects that need one, rather than use a Diesel one. All they need is an AFC Energy Hydrogen Fuel Cell Generator and their dream comes true. Add the smaller Ammonia Cracker and they can fuel it on dirt cheap Hydrogen too. The fact they clearly do not want to use diesel anywhere they can find an alternative bodes extremely well for AFC Energy and Speedy Hire.
"I'd like you to meet our brand new 100% electric concrete pump, SCHWING SP 2800 E."
"There is nothing brand new about the technology but introducing large electric machines isn’t always an option as they require a large mains supply which isn't always available on construction sites."
"Thanks to an early agreement with our client Multiplex, we secured the required electrical capacity and invested into what is a brand new addition of zero emission equipment to our fleet."
"This fully electric concrete pump will save circa 32tCO2e over the duration of the project and knowing that we have removed another diesel engine and it’s related emissions from our site has made me a very happy customer!"
https://www.linkedin.com/posts/kiro-tamer-154301b2_construction-sustainability-scope1-activity-7184228128246923264-1Yps
Also from the same document:
"The works planned to be implemented include building a natural gas pipeline from the Ruvuma (Ntorya) block to Madimba with a length of one kilometer that will have the capacity to carry 140 million cubic feet per day. In addition, TPDC has acquired a Lead Consultant for detailed design and engineering. A total of 101.6 billion shillings in local funds have been allocated to facilitate the implementation of these works."
TZS 101,600,000,000 = US$39,227,798
So the money to pay for the pipeline has already been allocated from the budget. No funding is needed from ARA or AEX.
From the Parliament Budget document published last week:
"Honorable Speaker, preparations for the construction of the Ntorya gas pipeline to the Madimba gas processing plant are ongoing where the Environmental and Social Impact Assessment (ESIA) has been completed and the Engineering and Construction Lead Consultant is completing the engineering feasibility study to facilitate the construction tender of the pipe to be announced."
A loan of dollars from ARA or Eclipse to TPDC doesn't have to involve AEX. It can be an independent financial deal, not linked to the field development.
Tanzania would have to start paying the loan back whether the field is developed or not, so that cannot be given as a guarantee or basis for the loan, in case something halts it.
Tanzania want a pipeline, ignore what it's for. ARA need dollars to pay for it. ARA lend them dollars.
ARA mention Oil several times in their 3D Seismic analysis. So as I have said, ANY trap that ARA drill could contain Oil. CH-1 is unlikely to because it is the same trap as NT-2 penetrates, so we know what is in it, but ANY subsequent traps, as I have said, could contain Oil. The most noteworthy mention is "Both the Karoo and Jurassic source rocks are now identified as being potentially mature for OIL and gas generation in the Mtwara Licence".
"Large structural and stratigraphic traps have the potential to host gas and OIL accumulations including, inter alia, a large untested mass transport complex prospect (“MTC”) which, in terms of structure and depth, closely resembles several of the large-scale offshore accumulations which await development."
"OIL and gas shows are noted in sands identified on mudlogs in Likonde-1 at the levels of the Jurassic post-rift prospects in the block, suggesting the bright amplitudes up-dip of the Likonde-1 well could be potential direct hydrocarbon indicators."
"Deposition occurred during the Early Jurassic in a partially restricted marine environment allowing additional potential OIL and gas source rocks to be deposited and preserved under anoxic conditions. Both the Karoo and Jurassic source rocks are now identified as being potentially mature for OIL and gas generation in the Mtwara Licence"
"The southern of the two mapped lobes is distinct as a separate prospect, but in contrast to the northern fan, the feeder channel has not been preserved potentially aiding up-dip trapping. OIL and gas shows were noted in sandstones in the Likonde-1 Jurassic interval which, when combined with strong indications of fan geometries significantly derisks these prospects."
https://aminex-plc.com/wp-content/uploads/2024/03/APT-Revised-Resource-Potential-Mtwara-Licence.pdf
Eh? What??
As I kept saying:
"Applied for a 25-year Development Licence based on the approved FDP. Approved by the Tanzanian authorities, including Cabinet sign-off, and awaiting issuance of the signed licence from the Ministry of Energy."
"Companies worth about £100 billion are on the way out of the London Stock Exchange so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come."
"Research by the Evening Standard and investment bank Peel Hunt shows that companies worth over £26 billion have already agreed to be sold in 2024, to other listed firms or private equity."
https://www.linkedin.com/posts/peel-hunt_crisis-time-the-london-stock-exchanges-activity-7189633773209042946-TZZ8
"Companies worth about £100 billion are on the way out of the London Stock Exchange so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come."
"Research by the Evening Standard and investment bank Peel Hunt shows that companies worth over £26 billion have already agreed to be sold in 2024, to other listed firms or private equity."
https://www.linkedin.com/posts/peel-hunt_crisis-time-the-london-stock-exchanges-activity-7189633773209042946-TZZ8
"Companies worth about £100 billion are on the way out of the London Stock Exchange so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come."
"Research by the Evening Standard and investment bank Peel Hunt shows that companies worth over £26 billion have already agreed to be sold in 2024, to other listed firms or private equity."
https://www.linkedin.com/posts/peel-hunt_crisis-time-the-london-stock-exchanges-activity-7189633773209042946-TZZ8