Aminex Director Change

 Aminex PLC (LON:AEX) has appointed Charles Santos as its new non-executive chairman and Tom Mackay as a non-executive director, both with immediate effect.

At the same time, Robert Ambrose returns to his prior role as interim chief executive.

"Following recent changes, we have taken the opportunity to rebalance the board

TPDC Aminex Ndovu Ara Farm-Out Merger Closing in

IN THE MATTER OF THE MERGER NOTIFICATION BY ARA PETROLEUM TANZANIA LIMITED TO ACQUIRE INTEREST IN NDOVU RESOURCES LIMITED PUBLIC NOTICE (Made under Section 65 (2) (g) of the Fair Competition Act No. 8 of 2003 and Rules 42 (5) and 49 of the Competition Rules, 2018)

President Magafuli Will Only Want Good News as Tanzanian Election Announced

We can be sure president Magufuli is going to be looking for good news over the coming weeks and months and what better way to start by signing off the farm-out for Aminex
Following his words over the weekend to speed up

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?