SierraBravo
04 Aug 2015
Re: Into? I too hope into is OK. He last posted on LSE on the 2nd August last year.
oil worker 1
04 Aug 2015
Into? Hi Guys, I don't post at all often, still have a couple of shares for old times sake but I think the trading costs would be worth more than the shares themselves now...Hopefully one day they will rise, good to see a little news, but certainly far too little too late for me to consider buying.I genuinely wish you all well, was thinking though whatever happened to into? I seriously worried for him as I got the feeling he was in it way above his neck. I recall him posting on LSE as intoorbit but nothing for a long while.Does anyone keep in touch and is he ok? I assume financially eh took a massive hit.Again, wish you guys well, you deserve some fortune for loyalty if nothing else.GLA OW
AIMSniper
04 Aug 2015
A new leader??? For the consortium at least.... and where will this leave Enegi? Would be good to know exactly how this consortium is going to work.[link]
AIMSniper
04 Aug 2015
Re: ***RNS***RNS***RNS*** SB is quite correct. In order to use the losses there mustn't be a major change in nature or conduct of the business. For example DFS buying a sofa manufacturer with losses wouldn't be able to use them - the losses would be ringfenced in the sofa manufacturer....One might surmise that moving Enegi from loss making to profit making might be seen as a major change 
SierraBravo
04 Aug 2015
Re: ***RNS***RNS***RNS*** It is not necessarily a simple thing anymore to acquire potential tax losses. They have been accumulated by the current business activities, to use those losses the same business needs to continue. It is not impossible though and can be achieved.If it were simple it seems likely to me that those companies which have failed would have been bought for others simply for their losses. The taxman cottoned onto this some years ago.But, were it acheived those accumulated losses are worth 10m approx in CT saving to an acquirer.If of any interest:-[link]
Work2Rule
03 Aug 2015
Re: ***RNS***RNS***RNS*** On the plus side Enegi has oil producing assets and as such is classed as an oil producer (Push don't bother!) listed on AIM with accumulated losses of £33m+ (how much is that worth to another profitable oilie).I would have thought that an RTO would have been more likely.ABTOG without the Enegi link funnily enough lacks credibility, despite being more investible.I raised the question many years ago about directors shareholding and Tej reply that they all had incentive options therefore did not need to invest. It maybe that some of the Directors should now put up some cash, instill a bit of confidence and grab themselves a bargain.After 5 years, I can honestly say, I know nothing.
danpoe
03 Aug 2015
Re: ***RNS***RNS***RNS*** Meaning we are stuffed ...
wreckage
03 Aug 2015
Re: ***RNS***RNS***RNS*** Here is what might happen:-ENEG has no income at moment and paying creditors in shares!!! desperate for cash, could sell half share in ABTOG But who would be willing to buy??? AM and his family of course. now AM has full control of ABTOG, his next meal ticket is safe, he resigns from ENEG and away we go!!!
danpoe
03 Aug 2015
Re: ***RNS***RNS***RNS*** So when will ABTOG list on AIM?---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---- Would that not be disaster for us" Enegiers" ..if that were to happen. (would Minty tie our shares to them).What would happen here ,as we are almost flat-lined . Every thing would be happening with AB......Eneg pushed to oblivion. I just want to know if we will ever see 10p again. Too much for my small brain to take. .
videodawn
02 Aug 2015
Re: ***RNS***RNS***RNS*** I could not understand the “success” bit of RNS about Fyne, but I have been thinking how that might be. Wood Group threw the towel in after (allegedly) not being paid for their work, and walked away from the MOU. Antrim also threw in the towel and walked away from the licence.However, the work in progress at cessation by WG might have been handed over to Enegi and the field information was certainly available to Enegi. That might amount to a sizeable piece of design effort which has a market value. Perhaps ABTOG now owns all of that work and has sold off a subscription interest in it to the consortium? That might have paid off Shard? Otherwise why has Shard not called the loan in on the due date?Enegi clearly has run out of cash because they are paying suppliers in shares. So the future of Enegi is precarious but the future of ABTOG might be bright. That is why the directors are all moving over to ABTOG to collect their salaries and pensions.It looks like Nick Elwes has been fired (not before time) because once again his name is missing from all the RNS and a comms company has been paid in shares to help write them. Pity that no-one bothered to check before publishing – the RNS about Arup talked about AGR (death by cut ‘n’ paste!)So when will ABTOG list on AIM?
danpoe
02 Aug 2015
Re: ***RNS***RNS***RNS*** [link]
Push2Gush
31 Jul 2015
Re: ***RNS***RNS***RNS*** Not sure TOP UP is needed at the mo Danpoe,,, there are still a bunch of issues within Enegi/Minty that are far FAR from clear yet, honestly, I think investors are well overdue an honest RNS to clear up some of the past mess, at the end of the day investors invested on intention to do things not Marginal related and most if not all of that has been dropped, yet nothing really clear has been issued.today shows some very minor dilution issued shares etc,,, I think there will be more of this to come,, they have no funds and now they are issuing for work done, whatever that is,,, A TESTER... prefer to wait and see just how dedicated/serious the consortium is first,, Co's signing into something like this is cheap on all fronts, proof is in the pudding... and that may be some time away..... the RNS is OK,, but nothing to put your kitchen sink on by a long way..... history shows clearly that he has failed investors badly every time... so there is little ot no trust left,,, 10 years to build a reputation, 10 mins to loose it with investors... look at the interest today,,, once upon a time this would have seen 5-10 mill traded and a 20% + rise, especially at today's levels but it sits with just a feeble 215k shares traded, Market sentiment says no trust YET,,,,P2G
danpoe
31 Jul 2015
Re: ***RNS***RNS***RNS*** Missed all the fun... .."Da*m...wanted to top up lower...
videodawn
31 Jul 2015
Re: ***RNS***RNS***RNS*** Well done Mr Minty. Just magic. Hats off to yer, feller. Keep the home fires burning eh?
Work2Rule
31 Jul 2015
Re: ***RNS***RNS***RNS*** Looks like its all ABTOG from now on, the RMRI 'acqusition' of ABT Technology actually simplifies the ownership. The funding issue is hinted at with ABTOG being 'the more attractive' investment.Don't really understand the Fyne position and agree with SB on the 'success' element of this unless it has provided some sort of SIFT templateHints that Newfoundland and other assets to go in the future which is a shame as this should be producing and adding to reserves.Company not going bust but what sort of cut is coming our way in future.
