Friday, 11 July 2025

🔔 Aminex Highlights This Week and What to Watch

 

  • NTORYA–MADIMBA PIPELINE EPC AWARD
    TPDC officially contracted China Petroleum Pipeline and China Petroleum Technology & Development Corporation to construct the 35 km pipeline connecting Ntorya to Madimba 

  • INVESTOR SENTIMENT BOOST
    The announcement led to a sharp ≈40 % surge in Aminex’s share price, reflecting renewed confidence in Ntorya’s path to “first gas” in 2026 .


🔍 What We’re Still Waiting For

While the headline EPC award is now public, these details have not yet been released:

  • Specifics on contract value, execution schedule, and staffing or equipment mobilisation.

  • Updates from ARA or the Chinese firms confirming mobilization, crew deployment, or site works.

  • Any fieldwork or drilling milestones such as NT‑2 hook-up, CH‑1 spud, or NT‑1 workover commencement.


🧭 What to Watch Next

Here’s what would constitute fresh, high-impact news in the short term:

  • EPC contractor’s mobilisation notice, photos, or staff announcements.

  • Reporting from ARA or TPDC on the start of on-ground activities.

  • Operations updates on the NT‑2 tie-in or CH‑1 drilling progress.


At this stage, the EPC award remains the standout news. When more details—especially on mobilisation or site works—emerge, that would mark the next major catalyst for Aminex and the Ntorya JV.