Monday 4 September 2017

Aminex "Seriously Undervalued"


Malcy's words today…  "News today from AEX tells us that at Ntorya there has been a further ‘material resource upgrade’ as the unrisked resource estimates have increased from 466 BCF Pmean GIIP to 1.3 TCF of Pmean GIIP and this is for the Ntorya area only.
The company is still preparing the gas commercialisation plan which with the Ntorya FDP will be submitted to the TPDC ‘in early September’. Aminex has a significant find here and like a number of other stocks in the sector is seriously undervalued, I am however sure that Jay has plans to monetise his exploration success here and in the adjacent exploration acreage."
Source:  Malcy's Blog