Things are moving at last for Aminex RNS - Corporate & Operations Update

I feel the following RNS is a fairly positive one and although things are still awaiting governmental approvals, I highlight the things I have picked out and make [comment] accordingly 

25th February 2020  

Aminex plc 

("Aminex" or "the Company")    

Corporate and Operations Update

Aminex announces the following update regarding the Company's ongoing operations in Tanzania and other corporate matters.

Highlights:

·    APT and Aminex have agreed that upon completion of the Farm-Out and the transfer of operatorship to APT, they will seek permission from the Joint Venture and the Tanzanian authorities to move the contingent elements of the 2020 work programme into the firm budget

·    Positive indications in-country that, after a period of reduced corporate engagement, the Government is re-engaging with the international business community to support the country's power demands

Aminex - A Sunday Exchange with the Chairman of Tanzania Oil & Gas-ATOGS

A short exchange with someone that matters in Tanzania

Abdulsamad Abdulrahim
Diplomat | Ag. Chairman of Tanzania Oil & Gas-ATOGS | Board Director TPSF and EABC | Implementor & Entrepreneur who believes in turning big ideas into reality
Abdulsamed posted the following retweet from ATOG...


Abdulsamad Abdulrahim



"We must be able to tell and show the good side of this sector. And this must not be in the form of empty rhetoric but deeds. People must

Aminex - A Giant leap of Commitment - Tanzania ready to Roll

As if by Magic

Following up on my post in the last hour it seems Tanzania is ready to roll...

TANZANIA has temporarily suspended negotiations over Host Government Agreements (HGAs) with international oil companies for development of liquefied natural gas (LNG) project pending review of Production Sharing Agreements with oil firms.

Tanzania Petroleum Development Corporation (TPDC) Managing Director Dr James

Aminex Sumary

Aminex Summary

Why were we waiting?  The wait is almost over!

Remember this... "Fire in the Hole" February 2017

It was a long time ago and the sp rose to the heady heights of almost 8p before a two year spell of pretty much nothingness that has left many holders bewildered and trapped at higher values as the shorters and day trading bears dominated the bulletin boards!

Why hasn't anything been happening?  What allowed these parasites to gain such a foothold and do such damage to the share value?

Aminex announcement on remedial programme success at Kiliwani North

Aminex announces completion of remedial programme at Kiliwani North

Aminex plc (LON:AEX) has confirmed the successful completion of remedial work for the Kiliwani North-1 production well in Tanzania.

Aminex Ruvuma Farm-Out Circular

The Circular was released on Friday 7th December and announces the EGM

Notice of the Extraordinary General Meeting of Aminex PLC, to be held at Shepherd and Wedderburn LLP, Condor House, 10 St. Paul’s Churchyard, London, EC4M 8AL, United Kingdom, at 12.30 p.m. on 4 January 2019

Click here for The Circular PDF

Rainy Season Information Mtwara Region Tanzania

CLIMATE AND AVERAGE MONTHLY WEATHER IN Mtwara, Tanzania

The following should be a useful reference when understanding the logistics where Aminex may be subject to working around the rainy seasons in the Mtwara region

Here are some average weather facts collected from historical climate data:

During the months of May, June, July, August and September you are most likely to experience good weather with pleasant average temperatures.