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

Small mention in last nights ES and todays FT .

MadPad - interesting the Standard picked it up - perhaps we'll see a Mail tip then soon!?!

I sold my EME far too soon-so I really hope this one will perform in the same way!

All quite here! there have been some new development with this company, a new deal in Kenya, ACQUISITION OF SEISMIC OPTION IN KENYA
http://moneyam.uk-wire.com/cgi-bin/articles/200603150700278079Z.html

And some new development in the nuclear dispute.North Korea wants Norway to mediate in its dispute with the United States over the development of its nuclear industry, the daily Norwegian newspaper VG said on Friday.

"Norway has a good reputation as a peace mediator and very good experience in international conflict resolution," North Korea's ambassador to the Nordic region, Jon In Chan, told VG.

http://uk.news.yahoo.com/17032006/325/n-korea-wants-norway-broker-nuclear-deal-paper.html

Extraordinary surge in the share price today.
Any particular reason or just people realising the potential !!!

;o)

RAB possibly buying in along with other institutions and Aminex to make presentation to City (at the Brewery) on May 11th. Still looking very cheap to me.

Sorry, I meant to say presentation to oilbarrel.com

News on the way for AEX, enjoy the ride

TheMaster,
Very cryptic !!!!
Care to enlighten us ?

;o)

Also good article on oilbarrel.com today. Worth reading.

Greyhound, would you mind posting either the article or at least a link? Thanks.

Cannot post for copyright reasons - here's the link:-

A lot of investors jumping on board while this is still cheap, not to mention the big boys.


http://www.oilbarrel.com/home.html

Looks interesting, Greyhound, thanks. Actually I would be tempted to dip a toe in with this one, but am currently fully invested - certainly the SP has been roaring away the last few days, so I will be bearing it in mind.

Finally hit 50p today !!!!!!!!!!!!!!!!!!
It's another one where my initial plan to take profits was replaced by topping up this morning.
The Company has now come to the attention of major institutions and, ridiculous as it sounds, the SP still at a very early stage.
There will be some bouts of profit taking, not sure at what levels, but on a 12 month view expect the share price to be well north of 100p.

Ian

Drop back to 40p now...I guess its involvement in North Korea poses a very big risk.

Just profit taking after a fast rise higher. I am not concerned by today's move especially with news flow and oilbarrel conference looming.

It's been very quiet on the Aminex front for the last couple of months.
However the interims are due later this month after which things might liven up again.
The current price of around 26p/26.5p may well prove to be an attractive price for those who missed the boat the first time round.

;o)

It's all done with mirrors for this stock.

North Korea could present a problem for AEX, if they did not have other potentialy good assets.

They do, so it don't!

Having sold up a while ago, I have dipped in today and will this time stay in LTBH.

Apologies I posted an item with a clear copyright.

removed.

Sunday Telegraph
Last Updated: 11:35pm GMT 18/11/2006

The shake-out in the oil and gas exploration sector has started.
For investors, the shake-out is a buying opportunity. Exploration and production is always a risky sector, but there are still some companies that look good value.

One worth looking at is Aminex.

The company, listed on the main market, owns acreage in Tanzania and Madagascar and hopes to sign a production sharing agreement in Kenya in the next few days.

It plans to embark on a major drilling campaign next year which, if successful, should boost the share price.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/11/19/cxequit19.xml