Maple Energy MPLE now top of the share risers board this morning, are we going back to 40p currently 7p
I think we will get news before the AGM could come at anytime as the Directors are in place now and finance and takeover could be sorted
News must be soon, with the new board members in place and they are in at a high sp they will not want to lose money, I think this will fly on news which could come anytime, only by opinion but remember this was over 40p a year ago.
Do we know if any one is in contact with the company, a lot of rumors about on new contracts but nothing official, if we get a contract or two this should move, some buying today, what do we think the SP could get to in 6 months?
this share is way to cheap at this price, some news and we will move
Do you think that UJO will take a stake in the Horse Hill play, remember news to come on where the 1m is going, most on the next round of licences but also could be HH or other plays, should be lots of news this month
I think we will see a lot more buying over the next week as a lot of news to come and pi's now seeing the potential here.
I posted this info yesterday on ADVFN and also sent an email to EDL over the last number of days in relation to these licences and I think that has been the reason for the RNS today.Please find details of EDL’s licences, licence number, exp date etc. 5002/2008, active, exp date 5/5/14, Coal 5420/2008, active in default, exp date 23/10/14, Uranium 5659/2009, active, exp date 18/3/15, Uranium 5790/2009, active, exp date 11/6/15, all minerals, 6098/2009, active, exp date 3/12/15, Coal, in partnership with Upendo Group 6101/2009, active, exp date 23/9/15 Coal, in partnership with Upendo Group 6124/2009, active in default, exp date 30/12/15, Uranium 6147/2009, active, exp date 11/12/15, Coal 6174/2009, active, exp date 12/11/15, Coal 6180/2011, active in default, exp date 14/2/15, was with EDL but now listed with Javan 6993/2009, active in default, exp date 15/3/15, Coal 7799/2012, active, exp date 3/4/16, Coal P26139, Application made, Uranium P26363, Application made, Uranium All the above licences are either prospecting licences or applications. Prospecting licences are initially issued for 4 years or in some cases 6 years. The licences can be renewed up to a collective period of 11 years, but if a mining licence is not issued before the first renewal period, then 50% of the licence area must be relinquished and the area must be in block not cherry picking parts of an area to relinquish. To get a mining licence the company must submit an Environmental Impact Assessment (EIA) and a Feasibility study report and apply for a mining licence. EDL had stated in a Sept 11th RNS that they had engaged a company to do this and would be applying for the mining licence.
To much news to come for this to be at these levels, this will be at 0.30 before the end of April in my opinion but what do I know, the MM's may have a different plan.