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Aminex moves towards GSA signature

Aminex CEO, Jay Bhatterchajee says he is confident the gas sales agreement with Tanzania will be signed by the end of the month, and anticipates it will be 'cash flowing very shortly’.

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He says there are a lot of misconceptions about the company’s financial position, but says it won’t be cash stretched prior to production starting and are on target to produce close to 30 million cubic feet per day.

He describes Aminex as the 'ant in the elephant room’ when it comes to energy companies and says parts of the portfolio would be attractive to certain players, but right now he is focused on growing and developing.  

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