Re: Flying down to Rio. Morning H62,Interesting article from The Telegraph. But bear in mind t'was b4 both the GE and post budget 2015.On reflection; I do not believe the Chancellor did much to protect the N Sea, any more than is politically and economically viable?In my opinion, the article is just a wish list and no mention of Bouys or Enegi or whatever t'will call itself?You guys are still being played!!!Time to graduate and become adults and put your dosh in some proper stocks?MD (More Delusions)
Re: So Minty steps to the right RNS Minty has taken all he can out of the company so now he brings in a fall guy to take the can when it all goes toes up....
So Minty steps to the right RNS A NEW director,,, Not sure what to make of that but heyhoo,, jiust hope we don't see yet another shift in direction... unless it adds asset value
Re: Flying down to Rio. So if we are getting more dilution,name change from the general meeting,why now a buy. More confused .
Flying down to Rio. Did a little research on the names involved, big fish indeed.An inside scoop of some value if correct,.meriting a buy recommendation from one usually sceptical.Timing is everything & the NS. may just have become more attractive, if that's the direction we are looking ?But good news anyway.[link]
Re: Flying down to Rio best thing would be if they only went one way and stayed there....... bet he didn't fly cattle class either lol.... just stick it on the Shard tab....
Flying down to Rio A colleague in Botafogo tells me that the clan chief might have been a recent visitor to Rio de Janeiro. Could it be that Mr Odebrecht might be looking to pick up where Mr Wood left off? That would change the perception of the marginal initiative, would it not?Its strong buy from me now, despite all the history of failure. Maybe a celebration at the Marriott on Copacabana Beach is on the cards.Here might be some serious money and ability at last?They will be splashing out in the Shakespeare on prawn cocktails tomorrow.
Re: Change of name to No Oil or Gas just received a letter about the change of name, whats the story?=======EU packaging directive compliance.
Change of name to No Oil or Gas Hijust received a letter about the change of name, whats the story?
Re: LoL _ Blood transfusion, Life suppor... That is interesting, just round the corner from the current Peter St location (which I understand to be one of the most expensive square footage numbers in Manchester), so as you say, maybe some cost cutting is finally going on. The Aberdeen Office remains like the Marie Celeste, so not sure why they feel the continued need to lash out high priced rent on that either. I notice that the Canadian office has also been moved to somewhere called 36 Quidi Vidi Road, which, apart from sounding a bit like a payday lender, would appear to be a house somewhere in the 'burbs of St John's which is also the home to 'The Centre for Innovative Dispute Resolution'. Although that sounds like the sort of service that we are more or less permanently in need of, suspect it is now just the Canadian equivalent of a PO box.
Re: LoL _ Blood transfusion, Life suppor... Hello hello?What's this from "whois"nuoilandgas.comRegistrant Name: Tevjinder MinhasRegistrant Organization: Enegi Oil plcRegistrant Street: 5th Liverpool RoadRegistrant Street: Castlefield HouseRegistrant City: ManchesterNu-oil and Gas plc going to cheaper digs?Unfortunately the place is haunted by a poltergeist LOL. Ghosts of projects past.[link]
Re: LoL _ Blood transfusion, Life suppor... Yes, the Dear Leader will do exactly what he wants to do and there is nothing that any of us can do about it. He's always been very good at moving money out of Enegi and into other parts of his empire, notably RMRI in its various incarnations for spurious 'consultancy' efforts, which tend to be big on puff pieces for the press but a bit lacking in actual expertise in anything - they could not, for example, and contrary to the high falutin' claims on their website, manage to turn out an FDP for Fyne - wonder if WGPSN ever got paid for that? I know what I think. But no matter how it pans out, I do think that the market, or any potential investors, are not going to be so easily gulled into throwing more money into this lost cause. I still cannot believe the tosh being spouted in the latest State of the Nation about the current O&G market conditions being a benefit to this mob and their untried concept. You can't even get a decent cup of coffee in any of the oil companies these days, their fancy-dan machines having been replaced by something called a 'kettle' in the interests of cost-cutting, far less many millions of ££££s to let this rag tag assembly try to put together a 'solution' to the current problems. We have 'solutions' already - they're called NUIs - but there is a REASON why these are much more common in the Southern Sector and that is because producing gas from an unattended facility is much, much, easier than getting at oil. For the latter, and if push came to shove, a number of the rigs currently stacked in Invergordon could be pressed into service as production units - that's a concept tried and tested (and ongoing in the Norwegian Sector courtesy of Maersk's Inspirer rig at Volve Field). Nobody is going to fall for the 'well it works fine in Peru' SIFT idea, especially when peddled by a man that couldn't get more than a teaspoon of oil out of NFL in god knows how many years of trying.
Re: LoL _ Blood transfusion, Life suppor... I honestly don't get this outfit anymore Mawreese, so many Pi's did not invest in Enegi for this yet again new venture,,, The Co resembles almost nothing of what it portrayed to be when it was all about NF etc. Look where it is today, it has what is effectively bad debt, it has pretty much washed millions of previously raised funds down the pooop pipe with NOTHING to show for any of that, no asset producing anything, no real added value to any asset,, missed targets and bad deals with BS and then for this lot to then GAMBLE on buying back BS stock to make on it with borrowed money and for that to become worthless. So now the emergency parachute is out and yet again another splinter is proposed and dilution is "likely" to be harsh, you get an RNS after close on Friday to deliver this to shareholders when it is abundantly clear some knew about this days ago and the MM's worked it in too, raising on small volume to hype up the price... I recon the %ages the Minty lot own overall through ABT stake in ABTOG and his own Enegi stock, combined with RMRI family stock too, then they probably don't need much more to get their 75% for approvals to dilute when they want and pretty much do as they wish without any further calls... it stinks, it might be an emergency parachute but it is riddled with holes, I am amazed LT has been so quiet these days since he is or was a 5-6 million shares holder, someone that I would have expected to be very vocal considering his buys were anywhere from 5p to 10p, you could buy that many shares for the price of a new motor on Friday,,, they cost him the price of a decent house, painful when he was also in contact with Minty's lot and put under the bus.all the above in my opinion of course.
Re: LoL _ Blood transfusion, Life suppor... But it's not the same is it? If Minty has registered a 'Ltd' and the name change is a 'plc'? Recollect that there was at one time an RMRI Ltd and an RMRI Plc. In fact, could I not go today to Co House and register what the General Meeting resolution is proposing as the new Enegi incarnation?
Re: LoL _ Blood transfusion, Life suppor... Morning SBIf he is trying to raise £1.8 million, that is 1.8 times the market cap of the company. Difficult to see how to get that away without severe dilution and share price erosion. So I see a heavy fall next week.There seems to be a technical error in the RNS. If £1.8 million cash is required, then that amount of cash is required no matter what happens at the EGM. To say he would only need £180k of cash if the resolution is approved seems erroneous. Confusing cash with share nominal value there, I think.Yes registering the name was precautionary I think, but Enegi is now stuck with a resolution to change the company's name to one which is already registered at CH and owned by someone else, even if it is Minty. Not sure how the registrar will deal with that. You cannot have two companies with the same name at the same time.