Re: CNG development All fits in with the Zubair thread, mentioned yesterday and goes back a month.
Re: CNG development Re rating on its way!!
Re: CNG development An interesting article with the first 2 paragraphs making me wonder if this is where Zubair Energy & Logistics expertise comes in. Their 30% stake in AEX which works very closely with TPDC should place them on the inside track for any contracts. Just my view.From the article:-TPDC acting Managing Director Engineer Kapuulya Musomba said in Dar es Salaam yesterday that the public utility envisages supplying Compressed Natural Gas (CNG) to the public through phases.TPDC, he said, has divided the country into four zones for studies that will involve mapping to facilitate gas supply. Dar es Salaam, which consumes a large amount of charcoal will be given priority, said Engineer Musomba, hinting that should all go as planned, the study and mapping will begin by the end of this month.YB
CNG development [link] a read.
This week's rise The reason for this sudden rise is pretty obvious, we should never have retraced this far in the first place, based on nothing more than impatience and lack of news. The recent RNS is a lot more significant than it might appear, the appointment of a new COO tells us that there is a lot to develop to start with and why would we want to employ a heavyweight legal guy unless we were looking at some pretty serious negotiations in the very near future. Let's not forget he was head of Bowleven's legal team so would have ben involved in their due diligence when they looked to buy 25% of Kiliwani and 50% of Ruvuma back in 2015/16.More of the same tomorrow I feel, could we break through 4p by the weekend?
BUY
you will only get information from the bod when the jay and the arabs have finalised how things will proceed . the fact that the shareholders owned the company is irrelevant , when they have decided how they will have the most benefit you will then receive an rns . unfortunately that is how business works in these circumstances .
is it possible the arabs will bid e10 a share and fully takeover aminex .in that scenario the true value of the company and the true value of the gas reservoir would never be found out by the ordinary shareholders
jay has joined the arab camp and the rest of the shareholders out in cold . arabs now own 30pc no take over without their say so ,
fiddling while rome burns
the interests of the shareholders is of no interest to the bod , many existing shareholders in aminex topped up their holdings 10 days ago on receiving the good results , these people are now standing on some serious losses , so being a loyal aminex shareholder counts for nothing . let us hope the bod do the right thing by the shareholders and not for themselves and their friends
Thailands PTT investment, Thailand’s PTT Exploration & Production pcl. The Asian energy company sitting on the largest hoard of cash outside China are ready to put it to use. They have $11 billion to invest and are looking for gas projects. PTT E&P owns an 8.5 percent stake in Anadarko Petroleum Corp.’s proposed Mozambique LNG project. i wonder if they are looking next door in Tanzania [link]
Thailands PTT investment
aminex issued share capital issued and fully paid is 3,799,983,062 ordinary shares at the moment
the whole mess at the moment is just a reflection of the little value that is placed on the shareholders by the board of directors .expect more of the same in the coming months .what would the shares be worth today if the bod not diluted them in the past year to suit their free share options now worth a fortune .