Aminex - An Investors warts and all view

The following is a warts and all view of where Aminex is now (19th October 2018) it was written by the investor in an email to friends asking him about the value of investing in the company.  Of course, it is one mans view and pretty much everything he speaks of information wise can be found on this blog or on the company website. Aminex_PLC He starts with his thoughts on the reasons of the slump in share price of the last year and hides nothing.

Aminex_PLC Reasons to be Cheerful

Farm Out and EGM (Date reconfirmed three times) to take place by End November. Being subject to licence approval infers the EGM RNS will be the big one and need to be within next few weeks

“Multiple Targets - 763bcf cretaceous 900bcf Jurassic Gas assumed at lower but liquid potential - Oil shows found down dip previous drill”

4.858 TCF GIIP - for Ruvuma - Ntorya 1.9TCF GIIP - 368 BCF 1C - 763 BCF 2C & 1162 BCF 3C