Register
Login:
Share:
Email Facebook Twitter


EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect


Desire Petroleum Share Chat (DES)



There is currently no data for Desire Petroleum.


Share Discussion for Desire Petroleum


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Dierich
Posts: 5,218
Opinion:No Opinion
Price:0.00
.
24 Jun '16
SPERATION
 
Dierich
Posts: 5,218
Opinion:No Opinion
Price:0.00
.PERATION
24 Jun '16
LOL
StephenFryUp
Posts: 23,117
Premium Chat Member
Opinion:No Opinion
Price:0.13
RE: DES /EME
16 Jan '14
After speaking with AR... Firstly have to say what an approachable guy he is, which for me is very important when investing that the main man takes time to speak with his shareholders... Also obviously no price sensitive information was discussed, it was a general chat on his visions from here.. I wont copy and paste the email, so please don't ask.. It seems that the company have some very interesting technology and have probably spent £20-£25 million pounds in developing it over the past decade.. When the new bod looked at this, they believe this has value.. Moving forward, the companies cash burn is about £250k per annum, and the starting cash balance will be about £1.5 million.. Assuming then with the new fund raise, and if the open offer is taken in full, then the market value including cash is about £2.6m In relation to cash burn going forward, Vialogy will own all of the patents to the technology, and own 75% of the trading entity.. The balance will be left with Mr Gulati, and the key is he and his operators pay all of the operating overheads.. The aim of the new bod is they believe that the existing business has a value, but they want to build an operating business in to the PLC so we then have revenue and a bottom line.. The new bod have put their money where their mouths are, and on that basis, and my points above I believe this to be a great turn around stock, and am looking forward to the ride, which Adam said he hopes to make exciting.. To summarise, a cash shell, with plenty of money to back the mcap, interesting tech already in place, and a new bod with a great track record of turning around aim stock.. Just my take on things..
riddler
Posts: 81,778
Premium Chat Member
Opinion:No Opinion
Price:6.50
RE: Rigs
7 Jan '14
Bull:
1.large holders including Strata Ltd- 45%, Brooks Macdonold- 10%, Spearmont-12%
2.Polish billionaire Mr Kulcyck who also owns part of ZIOC and SLE took 9% of Hendersons' sale in June 2013 and has contacts in the coal industry and proavtive piece from June reckons he may play part in the £600mln funding needs
3.NCCL have backing of the pol/eco stable Mozambique gov with the Mining Minister recently being given a 5yr extension, and last few rnss show they are supportive of NCCL with some indigenous BOD members along side the main CEO etc
4.Moz has one of fastest growing economies, politically stable since civil was of 1992 and president re-elected in 2009 in democratic elections, has high % of foreign investment particularly from Chinese who,ve been present since 1970s

Commenting on the announcement, Paul Venter, Acting CEO, said "We are very pleased to have successfully concluded the Power Framework Agreement with the Mozambican Government as this now allows us to commence, on an exclusive basis, formal negotiations on the key commercial contracts, such as the PPA, coal supply and transmission, in order to move the Project forward towards funding and financial close. We are targeting to have the Heads of Terms on the key commercial contracts by Q4 2013."
The PFA formally confirms the Mozambican government's commitment to supporting the development of the Ncondezi Project and underlines the importance of the Project as part of the government's overall strategy to encourage direct long-term foreign investment in independent power generation and capitalise on Mozambique's potential as a net exporter of electricity to other countries within the Southern African Development Community

Report post
riddler
Today 13:51
6. similar project bought by Rio Tinto in 2011-12 for £$$$$$$$

7. Rio Tinto have helped with infrastructure for last 3yrs via RNSd agreements
Hellaz
Posts: 635
Opinion:No Opinion
Price:16.25
?
11 Dec '13
I for one would have loved to see DES carry on. They had oil and needed a little luck, thats all history now. Good luck to every one who is still involved.
blag
Posts: 303
Opinion:No Opinion
Price:16.25
Goodbye
10 Dec '13
Just removed des from my watch list and it felt good. Good luck with fogl everyone.
Sampson
Posts: 1,184
Opinion:Hold
Price:16.25
GOODBYE DES!
10 Dec '13
No need to post on here anymore- hopefully we have some more luck with FOGL .....
All that is left is memories of the Oil to water fiasco!! bye bye..........see you on the FOGL side!
BLUEBOTTLE
Posts: 3,726
Opinion:No Opinion
Price:16.25
MIKEYGIT
9 Dec '13
Hi there. I invest with TD Direct (TD Waterhouse) and my portfolio now shows FOGL shares instead of DES. I am up and running so to speak. It is certainly an end of an era. Good luck in the future. ATVB BB
Falski
Posts: 105
Opinion:No Opinion
Price:16.25
MIKEYGIT/Falski
9 Dec '13
''...The admission to trading on AIM of the Desire Shares will be cancelled with effect from 07.00 a.m. on 6 December 2013'' . In summary no more trading as DES from 06/12/13. New 'share certificates issued' for FOGL ''no later'' than 19/12/13. Therefore this suggests everything from the 6th Dec onwards became FOGL - that's how I'm ready the RNS 5/12/13 - Good luck for 2014.
Falski
Posts: 105
Opinion:No Opinion
Price:16.25
MIKEYGIT
9 Dec '13
Thanks for your post. For info, my DES shares have gone (no longer ID'd as DES) from my trading account and are now FOGL... I certainly wont betrading DES up to the 19th LOL :(
Falski
Posts: 105
Opinion:No Opinion
Price:16.25
How's this one work then..?
9 Dec '13
Average cost of DES - £00.62, Average ocst of FOGL - £01.10 WTH (F)...!
icecat
Posts: 372
Opinion:No Opinion
Price:16.25
the twins could be first in play
7 Dec '13
Under the farm-out agreement to Premier and Rockhopper, the combined group will retain a 40% interest in PL04a and PL04c in exchange for a carry on one exploration well in each licence, ElaineIsobelIreneZebedeeJaynePL004aPL004bPL004c
Falkland Oil & Gas | 6 December 2013 4
expected to be Jayne and Isobel.
icecat
Posts: 372
Opinion:No Opinion
Price:16.25
new era
7 Dec '13
Arfur-ontherocks
Posts: 825
Opinion:Strong Buy
Price:16.25
.
6 Dec '13
Duster should not have bought in greedy times in the past money was needed oily & quick from rockhopper to desire one chance to another all the bull carp on the boards & I got locked in on a weekend along with a lot of others in the past history will I learn, will others doubt it. Still take a chance were there's oil there's money & greed good luck All.
columbo
Posts: 5,067
Opinion:No Opinion
Price:16.38
icecat
5 Dec '13
yes it sure does fella,we should get a bounce as soon as the rig moves into place.
icecat
Posts: 372
Opinion:No Opinion
Price:16.38
columbo
5 Dec '13
I will catch up with you on the new board , new era starts in earnest in first quarter 2014
GLA
columbo
Posts: 5,067
Opinion:No Opinion
Price:16.38
des of my watchlist
5 Dec '13
fogl now on it,exciting times ahead.
columbo
Posts: 5,067
Opinion:No Opinion
Price:16.38
icecat
5 Dec '13
i cant wait to see the back of des,been 1 disapointment after another,bring on the new era,
icecat
Posts: 372
Opinion:No Opinion
Price:16.38
bye bye Des
5 Dec '13
I would like to say its been a pleasure BUT I cant ,Time to leave you for pastures new ,Faire une difference entre
au revoir !
gherkin
Posts: 55
Opinion:No Opinion
Price:16.38
thanks
4 Dec '13
thank you very much guys for the info, it quite straight forward when you think about it......obviously i wasn't switched on enough last night when I asked the question.

again many thanks :)
columbo
Posts: 5,067
Opinion:No Opinion
Price:16.38
gherkin
3 Dec '13
sorry my maths is wrong,for every des share you will recevie 0,62233 share,so thats a lot more than 3115 if you have 5k of des
columbo
Posts: 5,067
Opinion:No Opinion
Price:16.38
daya
3 Dec '13
the deal isnt done proper m8 until your des shares are replaced by fogl ones,then the sp will start to rise hopefully.
columbo
Posts: 5,067
Opinion:No Opinion
Price:16.38
gherkin
3 Dec '13
yes thats correct fella,but you will get less fogl shares as they are greater in value,so for your 5k,you will receive approx 3115 shares ie 0,6223 fogl share for 1 of your des shares.
daya
Posts: 629
Opinion:Strong Buy
Price:16.38
Question
3 Dec '13
But if you had shares worth 5k wouldnt it be worth £3150? the actual value? thanks for your infor gerkin...and explain why the sp can't move any higher now the deals done ?




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.