RNS-Historic 11 February 2020 The following amendment has been made to the announcement released on 11 February 2020 at 07:48 under RNS No 6050c ‘the company’s nominated adviser’ All other details remain unchanged. The full amended text is shown below. NOTICE 11/02/2020 7:45am TEMPORARY SUSPENSION OF TRADING ON AIM EURASIA MINING PLC Trading on AIM for the under-mentioned securities has been temporarily suspended from 11/02/2020 7:45am pending an announcement. [link]
Level 2 50,000 @ 179p . . after two sales of 1,000 at 08.51.31, is down to 47,993
Level 2 Sorry, Forgot The individual size of each DMM’s Bid and Ask weights tell the full story of the thoughts of that DMM’s Investment Bank, but once again my Retail L2 Platform does not tell me. 50,000 @ 179p, 5,000 @ 178p, 10,000 @ 172 & 166p, 20,000 @ 164 & 154p 15,000 @ 188p, 20,000 @ 191, 192, 197p, 40,000 @ 205p, 25,000 @ 208p and 12,000 For instance :- If a DMM had a 12,000 on the Ask and a 20,000 on the Bid he is more positive about GKP, and if a DMM owned the 40,000 on the Ask and the 15,000 on the Bid, he is showing that he is not positive about GKP But guessing the independent thoughts of the DMM’s means very little, but we do have the Total Weights, Bid 105,000 and Ask 152,000, which at best looks precarious.
BUY NMC… XXXX Evening standard focusing on directors resigning and making MW correct yesterday ( printed before yesterdays late rise back past morning highs ) I saw something like a 23% spread @ 8.15am !!! big gap up to 950p then came back below last night close 890 p !!! … sparrowe Posted in: NMC Posts: 146 Price: 926.20 No OpinionRNS Update on takeover offer11 Feb 2020 074 Nice to see some more confirmation from NMC regarding one of the interested parties for takeover. I’d be honestly shocked to see this go for less than 1500-1600, and far more likely 1800+ He refred to MW responce to yesterday i asked for a link which poster ady2k11 put up . … adzy2k11 Posts: 717 Price: 926.20 No Opinion RE: OFFICIAL BID RNSToday 07:54 Here it is [link] All very dodgy, although even MW declare it might not be fraud, but certainly shady business by Shetty and co.
Level 2 How important are the weights and what do they signify ?? 50,000 @ 179p, 5,000 @ 178p, 10,000 @ 172 & 166p, 20,000 @ 164 & 154p 15,000 @ 188p, 20,000 @ 191, 192, 197p, 40,000 @ 205p, 25,000 @ 208p and 12,000 @ 249p The Bid and Ask weights above are placed on the Book by the Designated Market Makers and are their independent thoughts of where the Price of GKP should be. But in saying that, it has to be remembered that each DMM can have ulterior motives for wanting the Price lower On the Bid there six large weights and on the Ask there are seven large weights. So of the (9) nine DMM’s on the Book there are seven who say the Price needs to go down further and six who are weakly supporting the Price albeit at lower level for whatever reason. However our saving grace is one single DMM who with his 50,000 (49,993) @ 179p is determined the Price will not go lower than 179p. Who that 50,000 @ 179p Designated Market Maker is, my Retail L2 Platform does not tell me, but I would suspect it is either Peel Hunt or Canaccord Genuity, GKP’s two House Brokers. In my own opinion of course Screencast.com 2020-02-11_0753 Shared from Screencast.com
Share Price Be patient, you will get these in single figures soon don’t be to hasty and try to catch a falling knife. My guess is 2 - 3p soon with a bounce back to a 12 - 16p range after CMD in March where it will stagnate for the rest of the year if not bought out before. Big Players have the time and certainly the money to wait it out till the time is right to pick this company up for the spare change in there pocket. HUR have shot there bolt with regards all the good news they can muster and put out there and all they have now is the hope of something that will appeal to the markets in the CMD which of course the markets will know the contents of before hand IMHO of course and the SP will tank again. I can here the laughing now but he who laughs last laughs longest, remember at 40 something p and my prediction of low thirties and below well look where we are now and where we are heading, low single figures IMHO. Oh, and ask your self this. Why are the Management not hoovering up these shares at this price if the had the confidence in the company as there is nothing preventing them at the moment and recent past since the last RNS? Good luck to all investors and of course all of the above IMHO.
Opening Prices FTSE100 . . . 7,446.88 . (-19.82) . (-0.27%) Brent Crude . . . $53.81 . (-0.66) . (-1.21%) GKP . . . 177,776 @ 178.20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FTSE100 . . . 7,468.68 . (+21.80) . (+0.29%) Brent Crude . . . $53.80 . (+0.53) . (+0.99%) . . . (15mins delayed) OP . . . 7 @ 179p . . . . (leaves 49,993) 50,000 @ 179p, 5,000 @ 178p, 10,000 @ 172 & 166p, 20,000 @ 164 & 154p = 105,000 15,000 @ 188p, 20,000 @ 191, 192, 197p, 40,000 @ 205p, 25,000 @ 208p and 12,000 @ 249p = 152,000 Book at c.8.03am 200,699-----209,186 28----34 If the support of 50,000 @ 179 gets sold through, we may have a problem Screencast.com 2020-02-11_0753 Shared from Screencast.com
Q&A with Versarien (VRS) Chief Executive Officer, Neill Ricketts So what’s happened to NR then ? He hasn’t been on Twitter for ages and although I always thought he overused it, to simply just stop is quite worrying. Hope he’s not ill…
Oil Bounces From One-Year Low But Emergence of Glut Looms (Bloomberg) – Oil prices bounced back from the lowest in more than a year on Tuesday but the emergence of a glut since the coronavirus outbreak loomed over the market as traders look to store excess crude on tankers. The world’s largest oil traders are seeking to hoard crude on vessels at sea as the industry tries to deal with the oversupply that’s developed as the outbreak wreaked havoc on Asia’s largest economy. Chinese energy importers are struggling to cope with swelling stockpiles, with one declaring force majeure, as travel bans and quarantines weigh on fuel demand. The growing glut and dithering by OPEC and its allies over whether to hold an emergency meeting in response have pushed the oil market into a structure known as contango, where near-term prices trade at a discount to future contracts. And, while oil rebounded somewhat on Tuesday amid a broader move up in financial markets, the contango for U.S. crude remained at the widest in four months. “Crude remains under pressure from worries over demand destruction from the coronavirus,†said Vandana Hari, founder of Vanda Insights. “Prices are likely to continue drifting lower in tandem with the progression of the epidemic.†West Texas Intermediate crude for March rose 1.1% to $50.11 a barrel on the New York Mercantile Exchange at 10:59 a.m. Singapore time. It fell 1.5% on Monday. Brent crude for April climbed 1.3% to $53.96 a barrel on the London-based ICE (NYSE:ICE) Futures Europe exchange. The global benchmark crude traded at a $3.65 premium to WTI for the same month. Vitol SA, Royal Dutch Shell (LON:RDSa) Plc and Litasco SA are among firms asking about hiring supertankers for storage purposes as a sharp drop in Chinese demand due to the coronavirus prompts requests for cargo deferments, according to people familiar with the matter, shipbrokers and oil traders. The Organization of Petroleum Exporting Countries is unlikely to meet in February to discuss the effect of the virus on oil markets, leaving the possibility of further production cuts up in the air. Technical experts had earlier recommended a further supply cut of 600,000 barrels a day until June, said OPEC delegates, who asked not to be named because talks were private. image.png587x639 39.5 KB Best Regards @ValueSeeker8
Warwick & Lincoln 3 wells drilling 2020 Nice to hear from you again. You were brave but correct to sell around 33p. If I was you I would buy back in at 15p(ish) but that is not advice to you!
BUY Went to Southbroke for 2pm meeting , returning around 4pm saw it had come back strongly sold the pulled morning 800p tranche for 870p . Wonder if i would of taken less if around Sparrowe was spot on . I could of got 883 in last 20min maybe ? ( sparrowe post at 16.14 has price @ 846 that must be wrong ? ) NOT A BAD END10 Feb 2020 16:32 700 to 900 on the dot. I know the big shorters are still in the profit but I hope the vermin shorters who have been plaguing this board in recent days like CMF1 and Mr Traders opened their shorts at 700!! sparrowe Posted in: NMC Posts: 136 Price: 846.40 No Opinion RE: Bounce10 Feb 2020 16:14 Still a BARGAIN at 870 sparrowe Posted in: NMC Posts: 136 Price: 843.40 No Opinion Bounce10 Feb 2020 16:12 The usual method for determining the offer price is based on a multiple of net earnings… NMC are projecting annual earnings of £230 million for 2019… If the NMC is categorised as being a company in decline ( a dog ) in other words their hospital contracts are be being wound down over say a 10 year period then an earnings multiple of between 6 and 8 times would be a fair offer…i.e. between £1.4 to £1.8 BN £7.00 to £8.70 per share… 2…If the NMC were to maintain their existing hospitals in perpetuity, but not acquire any new hospitals ( cash cow ) then an earnings multiple of between 10 and 12 would represent a fair offer… I.e. between £2.3 to £2.8 BN… or £11.00 to £13.50 3…If , however , the NMC was still deemed to be a growth company …I e. acquiring new hospital contracts ( rising star )then a minimum earnings multiple would be around 15 with a maximum of up to 35, depending on the planned levels of growth … This would make a fair sale price to be in the region of £3.5 to £8 BN. or …£17 to maybe up to £40 per share. It follows therefore that all other things remaining equal , then unless the NMC is in decline and winding down,. the offer price of £2 billion being mentioned is a derisory one. My understanding is that the NMC is still a growth company …?? For information the share price earnings multiple ( PE ratio ) over the past 5 years has ranged been between 14 and 36… I said all other things remaining equal because we have the overhang of the Muddy Waters report… ‘
Warwick & Lincoln 3 wells drilling 2020 Hello Albi 1, Bobsson and Ash, It’s a while since I made a post so I thought I would make contact again to try and ascertain where Hurricane’s share price is heading. I sold all my shares in Hurricane at the beginning of Jan for 33.1512 and 32.608 and the last tranche at 29.875. They were reluctant sells because although I have faith in Dr Trice and the naturally fractured basement reservoir project W of S I felt the bad news outweighed the good progress made on Lancaster and I thought the next news of any significance being made in the Capital Markets day presentation in March was leaving the share price open to it being dragged down. Fortunately or unfortunately my judgement was right. I can’t believe the share price has fallen to close at 15.47p today. Even though the poo is now at $53.58 a barrel I reckon Hurricane is massively over sold. Sooner or later OPEC will cut production and US shale producers will begin to make big losses. This should lead to the poo increasing sharply. However, China and the coronavirus remain an unknown quantity and their effect on the poo and global economics cannot be underestimated. I nearly bought back in at c20p but resisted the temptation. Where the share price is going is anyone’s guess but I can’t see it falling much further. It could be said that the AIM market is a lottery and that the fall in the share price was par for the course on AIM but perhaps the herd mentality is driving the s p down and it might be the same mentality will drive the share price back up. Even though I haven’t posted for a while I’ve been keeping up to date with your posts and greatly appreciate them. To repeat, my main gripe with the HUR Bod is stating that further news on Lancaster will be made in March. This was a big error of judgement and and left the company vulnerable to the fall in the share price we have recently seen. We all know that AIM shares are news driven so why didn’t the BoD leave their options open and keep the market guessing as to when an RNS might be issued. Let’s hope we see an early resurgence of confidence in Hurricane. Carliol
Could be interesting! [link]
Could be interesting! The Nation Latest Nigeria News, Nigerian Newspapers – 10 Feb 20 Buhari unveils govt’s plans to attract investments in oil industry President Muhammadu Buhari has unveiled his administration’s plan to open up the Nigerian oil and gas space to attract investments and maximise value...
4th Qtr 2019 , alluvial profits RNS overdue . Maybe multiple news RNS next Getting exciting now with 4th Qtr 2019 alluvial revenue results still not in public domain . With Q3 2019 breaking the usual pattern of 1 calendar month after end of quarter before results are issued via RNS 12th Nov 2019 being the last . It may be a standard for future alluvial results from Sino 2 our sub contractor . Alas worth rereading this paragraph from the last alluvial update . " We have reviewed our management structure and are making several changes to meet the requirements of the Company’s aggressive production development and new exploration targets in Zambia." [link] Long term investors will probably remember Mr.Jan Nelson taking the position of C.E.O. in Xtract Resources when the company had nothing but shale oil in Queensland , Australia . Probably remember the volatility in share price before his announcement too . Just like our spike to 2.06p/ share to sell just a few months back then a dramatic drop to today’s SP . Probably Market Makers shorts but is that to fill shares being purchased by a new C.E.O. . Yep , could be since volume has been exceptionally low . Mr.Jan Nelson didn’t have the luxury of buying shares he didn’t have the luxury of a salary either but was paid in share tranches of 25 million shares , 2 off over a period of time through progress of the company to buy a right to mine an underground gold mine that Polar Star had failed to make a go of . The need for new management to meet the expanding company is a far cry from Mr.Jan Nelson days but just like when Jan took over the share price will undoubtedly respond in a similar fashion . Gap up then trend up but unlike past days of forever having placing shares I see the Manica hard rock through gravity processing done by Omnia at Guy Fawkes and CIL plant with our partner MMP in the fair brides open pit gold mine . Generating revenue and profits to sustain not only the Zambia copper projects but deliver enough revenue to future explore the Manica hard rock areas . Creating more areas with D.F,S.'s to develop . Hence are we due the next Alluvial Gold Update on the 12th Feb 2020 . That would start a new pattern but one things for sure we’ll get those results soon enough but the new management announcement will cause more of a stir than our usual alluvial revenue stream will P.S… on rereading my previous post I noticed the improper use of whether being maybe this of that and weather being rain / wind / heat . Hence my apology for any confusion caused .
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