There are two ways to value an oil or gas company, one is varying degrees of estimation of the quantity of oil or gas there is in the ground (and the costs to get it to market) and the other is the speed with which they can get it out of the ground once in production. This week, Aminex and their subsidiary Ndovu announced that Tanzanian government approval had been received for the Ruvuma farm out. They are no doubt dotting the i's and crossing the t's on the legal documents relating to transfer of 50% of the PSA and operatorship to ARA. Aminex started the week with a 75% working interest in Ruvuma, and may end next week with 25% and some cash. Some of this cash will be used to pay back the $5m they've borrowed from ARA over the last 12 months.$2m of this was needed to pay capital gains tax to the Tanzanian Government. As part of the farm out Aminex will get $5m and will be able to repay ARA and be back to where they started the year. They will also get a total of £1.97m i