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Some news in the Irish Independent newspaper today about Ormonde. I would not be too worried about the buyer for Ormonde's product, as I am sure there are other buyers in the market place: [link]
anyone have a crystal ball?? best of luck everybody. i hope it comes good for us. one way or another i guess i won't be monitoring this board anymore if there is a find or if there isn't a find. and that will be no bad thing!
SP movement is inexplicable in my opinion, and very concerning - another margin call paid!
#CLONTARF ENERGY #CLON JV WITH EXXON coming on a new licence in Nigeria RERATING ON THE WAY [link]
Institutions who bought at 12p at placing offloading shsres to another investor at An agreed pre-agreed price eg TOR snr or Maybe PVR looking to buy out LOGP with share issue to help clean up Barryroe dealings
Why is everbody adding fuel to the fire. Talk of a placement is just that. If a placement were to take place it Would be in the interests of the existing Institutional Investors to do it at a much higher price and hence lower capital gains tax if shares rise thereafter on Druid drill or larger tax write offs if shares fall following Druid drill.
Evening Breezy, LMI are dropping like a stone and I'm glad I'm not in it. They wiped out private investors BHR style with the last placing and then did a share split. They then went from 40p to £2.40 and have since fallen back. If we think the dilution at JLP has been bad just look at what LMI have done to their investors not once but many times. I think we can count ourselves lucky to be in at these levels with the future JLP have ahead of them. I can't help looking at that SOLG 12 month graph though - 3p to 46p in pretty much a straight line and still climbing, why wasn't that on my watch list. To think JLP could do that would be life changing - oh the thought of it. We can always dream can't we. Enjoy the sunshine my friend and wishing you well. idg69
Quite right fyoz, I asked QFI IR this exact question over 3 weeks ago and have yet to receive an answer. I have asked again and will post any reply!