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

Aminex Related News Review - w/e 21/09/18

MONDAY NEWS REVIEW

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EXPERIMENT OVER

"We've been experimenting with natural gas consumption in the past years, now it's time to distribute it to more people as this gas is cheaper and more secure" TPDC CEO ktk Power breakfast on Saturday

https://twitter.com/TPDCTZ/status/1040839500828684289

NO CONTRACEPTION IN TANZANIA

https://cyprus-mail.com/2018/09/16/why-are-african-leaders-pushing-for-population-growth/

Projecting population growth from 60 million to 100 million in twenty years.

TPDC ASSURES GAS PROJECT

Tanzania Power Plant Nears Completion

Dar es Salaam. The national power grid will have an additional 240 megawatts (MW) when the Kinyerezi II power project is completed next month, the site’s general manager, Mr Shoji Watababe, confirmed yesterday during a two-day oil and gas congress.

29 Multinationals Show Interest in Tanzania Uganda Gas Pipeline Project

Dar es Salaam. At least 29 multinational companies have shown interest in conducting feasibility study and constructing a pipeline that will pump natural gas from Tanzania to Uganda.

TPDC acting managing director Mr Kapuulya Musomba told The Citizen during the second Oil and Gas Congress yesterday that the winner will be hired to

Oil Company Rift - $30billion LNG project in Limbo should benefit Aminex?

Tanzania’s Head of State John Magufuli is unhappy about the commandment between the Government and the oil companies involved in the $30 billion gas project. President Magufuli has expressed his concerns over the share of the bargain the oil firms want from the multi-billion project, accusing them of wanting to finish the country economically.

#Aminex CEO Interview "Goverment on Board" "Before Christmas for sure"