From the latest company's drilling update....17 Feb

http://moneyam.uk-wire.com/cgi-bin/articles/200402170700084897V.html

Can anyone with mining knowledge explain these terms....

What does sidetracking mean? Approx how ong will that take?
Approx. how long will it take to correct a deviated section?
Is 'crude oil in shale samples' a good indication that there is oil?
Is 'Gas-bearing porous sands being logged' a good indication that there is gas?
Basically what does logging involve ?

Any views re AEX potential??

Regards
Stephen

The presentation is on the website now, but damned if I can open it!! The presentation is also updated on North Korea and Tanzania.

Presentation is here, click on the circle to the left of the page to open it.

Presentation

Thanks, can see most of it now - problem saying file is damaged. What I can see looks positive.

Some of the maps and diagrams don't appear to be loading for me, unless they are very slow to load. Will give it a more detailed look later, but from a quick glance it looks good to me.

Got into the North Korea stuff this time before crashing - very promising.

This 10% rise cant be just due to the unveiling of this presentation, or a bounce from yesterday-can it?!

The buying really began shortly after 11am.
I suspect news has leaked that it will be in the IC tomorrow (or something like that !!)

K******

Bugz - I think it is the move resulting from yesterday's presentation. New investors on board....plus the fact we don't know EXACTLY what was said or referred to on top of the slides.

Wanna get back on board, sold previously but missed the boat again at 15.5p.

Annoyed! :-)

Well, might drift later next week if nothing else surfaces I suppose......

.

25p next.

paul where are you i am 5000. up so far not selling.

Tanker, I reckon 24p and 26p next.

For info, Paul was banned/suspended.

I got to have a good look at those slides - I like the fact that oil is already seeping up in places!

i am allso buying alot in chp what a bargain .

Comment on the presentation over on TMF:

http://boards.fool.co.uk/Message.asp?mid=9609413

we holders are in avery good position.we can not lose

Darron, thanks for the heads up on the presentation post, will read in detail later. I take it you were at the meeting? Seems to have been an extremely positive reaction to the presentation. Happy days for me all round!

From today's Independent:

"Aminex added 1.75p to 19.25p after the Irish oil explorer was heard to have made a series of bullish presentations to institutional investors in Dublin and London. Aminex certainly operates in some of the world's more exotic countries. It secured an oil concession in Madagascar this week and has assets in North Korea, making it one of only handful of companies which have exposure to the most closed society on the planet."

http://news.independent.co.uk/business/analysis_and_features/article321196.ece

Aye Gav that I was.

Significantly increased the position too.