On November 18th Aminex made a presentation at an Oil Barrel Conference. A note over on stockopedia from an attendee stated:
- rig contract for Nyuni-2 is currently being negotiated - Brian indicated that KN-1 gas prices could range from $2.5 - $9/mcf, at current pricing. The company is using $3.5/mcf for its internal economics. Given that it is aiming to market its gas to industrial customers, however, it is hopeful of beating that figure in practice.
Thought this might be of interest to those of us that like the Tz assets.
KEY Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held