I am back in now. That is me back in after a very successful trading period in 2014 where I managed to sell a tranch @ 42.25p.Now worth another dabble me thinks.GLA Supertag
RNS Wow the presentation points to 8000 bopd production for the new field!!!! That is some target. At this market cap even if they get to half of that target it'll 5 bag. IMHO DYOR
Transformational deal could be a company maker, RNS reads good too...
Oil going up up up
It gets better LOL The Project assets include fully operational and established oil and gas processing facilities, equipment, permits, excellent infrastructure, assignment of key employee contracts and the assignment of relevant commercial contracts including oil and gas sales contracts. The facilities were the subject to a major refurbishment in 2014 and since restart in October 2014 have been producing an average 603 boepd. *· Origin is divesting the assets following a strategic review that the assets will be a better fit with a smaller Operator· STEP currently produces oil, condensate, gas, LPG and electricity, which deliver several revenue streams with payments being received in both US$ and NZ$. The Project also includes 2P reserves of 1.9 Bcf gas and 1.4 MMbbl oil*o 2C resources of 13.7 Bcf gas and 4.1 MMbbl oil*o Prospective resources upwards of 179Bcf and 166MMbls* · Historically the Project has produced over 10 Bcf (10.9 PJ) gas and 1.58 MMbbl oil*· Current production of 603 boepd *(average production from October 2014 to July 2015) generates revenue of approximately NZ$8m per annum at current oil price and exchange rates.
still buy 3.00 barclays
rns out
290 paid 96 pound big deal
very encouraging taking from lse I understand we will see the RNS in the next 9 days, rumour is that the deal is a little better than first thought, therefore I still think some might choke on their Cornflakes ! Oil and Gas plus some other income streams apparently - for those doubters out there, yes Oil is $49, however start to think long term, MSMN will be a Producer within 3 months, i.e. INCOME, in time POO will recover, Gas prices are VERY strong I understand there are some juicy Assets thrown in *Note Assets with an S - with Assets you can borrow, unlocking Murchison etc Multiple Income streams, a Profusion of Permits, JB & AC are heading back to London in about 2 weeks, a large 'Get the story out there' is planned, by which time, going in to early Sept I think things will be very different, for the avoidance of any doubt, by that I mean the share price will be a lot higher, Facts will be in the Public Domain. I am looking for the RNS to give many more facts, not all, due to the NOMAD's control of content of RNS, LSE Rules etc, missing info will be filled in by another AC interview, put the pieces together, join the dots and you will see the future, it's not bleak, its a solid story. I have bought, I notice a lot of people stating the price would drop back to 1.75p are now clearly incorrect, the Market is now treading water waiting for the facts. Do I expect a spike to 52p, no, do I expect many multiples of our current price ? absolutely - as the story unfolds in the next 4 weeks. GLA
this wont more today
all set up
1979 they set up the of shore rig on shore refinery at the time would only last 20 year i was there when it was
#BMD, Daniel Levi and Tom Winnifrith, two vitriolic bloggers well-known in small-cap circles [link]
1.75 placing holding out well today, news needs to come fast to stop this drifting to placing price, even so opportunity to top up or average down
Re: 12p HOSTiLE BID? Looking VERY strong!