Aminex Plc (PK) (AEXFF)

Aminex: Kiliwani North-1 production drops below 1 mmcf per day http://bit.ly/2hfpnAF

Tanzania Upstream Sector Activity Outlook 2017-2018 (Synopsis ) http://www.oilnewskenya.com/tanzania-upstream-sector-activity-outlook-2017-2018-synopsis/

Aminex to Select New 3D Seismic Contractor For Tanzania’s Nyuni Area http://www.oilnewskenya.com/aminex-select-new-3d-seismic-contractor-tanzanias-nyuni-area/

Ntorya 2 Results Meet The Requirements For A Declaration Of Commerciality http://www.oilnewskenya.com/ntorya-2-results-meet-the-requirements-for-a-declaration-of-commerciality/

Huge news....up to 3.15 in the UK.

http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1486371037803192000.html

Today closed in London at 2.74 pence.

Been oh so quiet here the past months. Maybe things will change soon. 2.37 up .14 in Europe breaking the old high of 2.25 today. Volume is huge there with over 8 million shares traded.

Another link to the news:

http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1474614159500775100.html

2 news items this morning:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AEX/12976253.html


http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AEX/12976180.html


Up a hair:

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IE0003073255IEGBXSSQ3.html

Some news out of London this morning:


SOLO OIL WON'T EXERCISE OPTION TO RAISE STAKE IN KILIWANI NORTH

[ 07 Sep 2016 08:39 ]
LONDON (Alliance News) - Solo Oil PLC on Wednesday said it has informed fellow London-listed firm Aminex PLC, the operator of the Kiliwani North licence in Tanzania, that it will not exercise its option to increase its stake in the project.

Solo said it does not intend to exercise its option to increase its stake in Kiliwani North by a further 1.25%. The option was exercisable after first revenue from gas sales from Kiliwani North was received by Solo in August.

Solo currently holds a 7.175% interest in Kilwani and holds a further option over another 1.575% of the project. Aminex, the operator, has a 54.575% stake in the project.

Solo Oil shares were down 0.4% to 0.279 pence on Wednesday, while Aminex shares were up 1.1% to 1.92p.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.
http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1473233962444856600.html

Might be in for a 52 week high in the UK tomorrow. I think it's somewhere around 2.29 pence.

Huge bid at .026 with ETRF.

Oh ok.. Just multiple the current pence value by 0.0132...

2.28 X 0.0132 = current usd value

I got that....what do I multiply or divide to get US price based on 2.25 pence?

1.00 GBX is 0.0132 USD

What's the formula? Thanks.

Now 2.28 on UK.

At the current rate, it's not gonna take long to get there. 0.030096 now...

Oops nevermind... It's 0.02838

How do you come up with .035? Exchange rate 1.32? My math is bad.

AEXFF is currently worth about .0350

Up again in the UK this morning.

Lightened up 40 % and then completely out today. I'm having trouble getting the numbers to add up?

Only 10,000 shares traded today.
.

AEXFF: I'm out. Best of luck to longs.

(Not enough volume here for a trader like me. - lol)

Wow....last 2.08, asking 2.10.

Asking 2.00 pence in UK this morning.

Like to see 5 Strong months!

Excellent. I missed that.

Yes, and there is NEWS!

http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1471505293649826400.html

Another strong day in the UK.

1.60 pence (1.55 to 1.65)

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IE0003073255IEGBXSSQ3.html

No volume today

Slow day....Today

None....but it was nearing 1.60 pence this morning.

Hey nate, something's up with Aminex in London.

AEX has moved up about 25% since the low of 1.25 pence on Aug 1. Also on 4 of the days this past two weeks there has been above average volume in London (6M+ shares). However, I have been unable to find any news to explain this recent upturn. Any ideas?

AMINEX had a big move today in London.

Was trading around 1.3 pence earlier in the week but closed today at 1.45 pence:

Time/Date Price Volume Trade value Type
16:24:03 1.45 26,350 382.08 O
16:16:42 1.42 350,000 4,970.00 O
16:13:10 1.44 342,636 4,933.96 O
16:08:42 1.38 423,065 5,848.87 O
15:58:58 1.42 45,614 650.00 O

This is an improvement of over 10% the past 2 days!

On the other hand, if this was a new long position in AEXFF then someone is expecting a huge jump in the price of Aminex as traded on the London Exchange. $.025 USD is equivalent to about 1.9 pence and Aminex had been trading around 1.3 pence in London.

The most plausible explanation imo for yesterday's "action" in AEXFF is that for whatever reason, one individual decided to cover a short position by buying 165,000 shares at the market. There were 5 individual trades trending to higher and higher prices and completed in a very short period of time (2 or 3 minutes overall). This indicates one order that was filled in 5 separate trades. - jmho

No change on trading in the UK.

Have a super day.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IE0003073255IEGBXSSQ3.html

That's what I'm trying to figure out. All the volume in the last hour or so. Maybe someone in the States knows something is coming in the UK market tonight.

Forgot the currency ratio but UK trading tomorrow should be a lot higher than 1.35 pence.

Oh wow what happened today??

Good for you. Green is green.

Kind of curious to see where it opens on the UK market tomorrow.

Nice trade.

Thank goodness I had a GTC order in. Was able to lighten my holdings by about 40%. Sometimes you just have to be patient I guess.

I see that spike for no apparent reason.

Some short covering today??

Current volume = 164,518; last trade at $.0025 (up 69% from previous close)

That's good.

Aminex completes its capital raise of 19.5M GBP -

http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1470300841707759700.html

Aminex now listed on the ISE (Irish Stock Exchange):

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/IRSH/12916714.html

http://www.aminex-plc.com/FCKuploads/file/presentations/160802_EGM%20Presentation%20August%202016.pdf

Zero volume on the UK exchange this morning? Pretty rare.