New World Oil Live Discussion

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More4us 10 Dec 2014

lol with 18 months cash and 6xcurrent mkt cap in CASH its a buy with £1m still due

More4us 08 Dec 2014

more buyers

More4us 08 Dec 2014

NEW buyers.

Bobby2812 07 Dec 2014

Re: Just a thought Morning eye (sounds like a title from a James Bond movie)I was heavily invested in here and have taken a 92% loss . I got out with enough money for a new set of Mizuno MP-4 irons and PowaKaddy trolley. This is heading for administration sooner than you think and that scu* Keller and others who took money from the company are unlikely to pay it back. good luck to you if you are staying in but the warning signs are now huge and flashing red. In my opinion Its a goner m8, just a matter of a short time period

eye_user 06 Dec 2014

Re: Just a thought This company has no OIL. It was a dream that Kelleher had but for us PI a nightma----lol there's many oilies on AIM that has oil makes no difference at the moment!

Bobby2812 03 Dec 2014

Re: Just a thought But what would be the reason for the substantial upside? No major assets that I am aware of. And the cash wit has in the bank will soon be gone. This company has no OIL. It was a dream that Kelleher had but for us PI a nightmareAdministration is just around the corner, then de listed. Best get out with something if you can!CheersLast one out turn the lights off

old wise owl 02 Dec 2014

Just a thought With Kelleher out and Niel settled NeW is effectively a cash she'll. Easy for a company looking for a cheap way to market to reverse into NEW, remaining management out and new business created. Worth a small punt on that basis as upside would be substantial.Good luck whatever your view.

adrenalin 02 Dec 2014

Re: Dead and Buried Time to learn from basic mistakes and move on. I will never believe the hype again Sold today at a £1400 loss...

adrenalin 01 Dec 2014

Re: Dead and Buried New World Oil and Gas Plc / Index: AIM / Epic: NEW / Sector: Oil & Gas1 December 2014 New World Oil and Gas Plc ('New World' or 'the Company') Niel Petroleum Update New World Oil and Gas Plc today announces that it has entered into a Deed of Termination, Waiver and Release with Niel Petroleum SA (the 'Deed') terminating the following agreements with Niel Petroleum SA ('Niel'): subscription agreement (dated 21 August 2013), relationship agreement (dated 21 August 2013), debt facility commitment letter (dated 21 August 2013) and escrow agreement (dated 24 December 2013). In consideration for the Company entering into this Deed, Niel agrees that: · It shall not make any claims or request for any or all of the Escrow Funds to be repaid to Niel or any of its affiliates.· With effect from 1 December 2014, any and all sums (including any interest accrued) standing to the credit of the Escrow Account are unconditionally paid and released to the Company in their entirety in full and final settlement of all liabilities of Niel to New World for breaches by Niel of the agreements entered into with the Company.· To discharge any and all claims that it may have arising or in connection with the Sale Purchase Agreement between New World and shareholders of Al Maraam Al-Ahliya Company for General Contracting WLL (dated 10 May 2104) (the 'SPA') or any payment made by New World thereunder or in connection therewith. The sum of the funds transferred to New World from the Escrow Account and the funds owed to the Company pursuant to the SPA is approximately US$2.45 million. New World Chairman Chris Einchcomb commented: "This Agreement brings the current Niel relationship to a close, but does not preclude future cooperation between our companies. Niel has acted in good faith in this matter, and New World has been provided with adequate working capital allowing us to pursue other sources of funding in the short term. In the meantime, we remain in discussions with potential farm-in partners for our Blue Creek Project in Belize and Danica Jutland and Danica Resources projects in Denmark where we have successfully re-negotiated and extended our work programme deadlines with the aim of further unlocking the value in these assets."Yep, dead and almost buried...

Bobby2812 01 Dec 2014

it was a Sell not Buy 801 0.305p 362,505 £1,106 0.25p 0.35p BuyWrong, this was not a buy transaction. I sold them. Complete rubbish

Bobby2812 01 Dec 2014

Re: Dead and Buried B4 we go into admin can the company make sure that all those sc** bag directors who, in my opinion stole money from the company via make shift loans, pay them back in full, especially Bill the mouth. What a shower of individuals. Peeps reading this, do you review work on Bill and team and make sure you stay well away from him and any company he is involved in. That man should carry a Govt Health Warning, he can seriously damage your wealth, health and hapiness

Bobby2812 01 Dec 2014

Dead and Buried Administration, here it comes

More4us 27 Nov 2014

I just gave NEW a BUY rating: farm out agreed with major for Denmark.. Will I be right? [link]

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