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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England




Share Price Information for Xcite Energy (XEL)


There is currently no data for Xcite Energy.




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Directors Deals for Xcite Energy (XEL)
Trade DateActionNotifierPriceCurrencyAmountHolding
20-Oct-14Buy
Trade Notifier Information for Xcite Energy Ltd. (CDI)
Andrew Fairclough held the position of CFO at Xcite Energy Ltd. (CDI) at the time of this trade.
 Andrew Fairclough
43.1GBX35,00088000
08-Jul-14Buy
Trade Notifier Information for Xcite Energy Ltd. (CDI)
Andrew Fairclough held the position of CFO at Xcite Energy Ltd. (CDI) at the time of this trade.
 Andrew Fairclough
67GBX38,0000
08-Jul-14Buy
Trade Notifier Information for Xcite Energy Ltd. (CDI)
Henry (Harry) George Wilson held the position of Non-Executive Director at Xcite Energy Ltd. (CDI) at the time of this trade.
 Henry (Harry) George Wilson
66.83GBX40,0000
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highlandsbull
Posts: 5,682
Opinion:No Opinion
Price:0.00
RE: Whalsay 2018 accounts filed 29/4..
9 May '19
Sorry this post came out 3x, must be LSE new beta in action!

Of course one more item in the accounts was the sight of RBS Aberdeen as the main banker. At least RBS has some familiarity of the company and the aborted previous funding exercise they successfully established that the company (XEL) in turn tossed aside.
highlandsbull
Posts: 5,682
Opinion:No Opinion
Price:0.00
Whalsay 2018 accounts filed 29/4..
9 May '19
Interesting read. $1.93m loss, as expected shareholder/lemder bumped up their working capital facility by $10m to $25m to carry them through to 6/21 concurrent with lease expiry. Note 4 interesting re the 'agreed' release by former parent XEL in 2016 of the intracompany net debt liabilities due to it of $329.55m.

Also deferred tax asset balance now stated to be $252m net based on previous UK tax losses, to be offset against future production. Guess that also was donated by previous management as part of the $1 cost.

Note 5 interesting as well, directors/staff costs still running at $2.2m level, of which sole director on near $500k. Also first item in the Directors report refers to the corporate indemnity given to Directors, and the Directors and Officers liability insurance firmly in place. Nothing is stated as yet re sign of any prospective funder or partner.

https://beta.companieshouse.gov.uk/company/04560068/filing-history
highlandsbull
Posts: 5,682
Opinion:No Opinion
Price:0.00
Whalsay 2018 accounts filed 29/4..
9 May '19
Interesting read. $1.93m loss, as expected shareholder/lemder bumped up their working capital facility by $10m to $25m to carry them through to 6/21 concurrent with lease expiry. Note 4 interesting re the 'agreed' release by former parent XEL in 2016 of the intracompany net debt liabilities due to it of $329.55m.

Also deferred tax asset balance now stated to be $252m net based on previous UK tax losses, to be offset against future production. Guess that also was donated by previous management as part of the $1 cost.

Note 5 interesting as well, directors/staff costs still running at $2.2m level, of which sole director on near $500k. Also first item in the Directors report refers to the corporate indemnity given to Directors, and the Directors and Officers liability insurance firmly in place. Nothing is stated as yet re sign of any prospective funder or partner.

https://beta.companieshouse.gov.uk/company/04560068/filing-history
highlandsbull
Posts: 5,682
Opinion:No Opinion
Price:0.00
Whalsay 2018 accounts filed 29/4..
9 May '19
Interesting read. $1.93m loss, as expected shareholder/lemder bumped up their working capital facility by $10m to $25m to carry them through to 6/21 concurrent with lease expiry. Note 4 interesting re the 'agreed' release by former parent XEL in 2016 of the intracompany net debt liabilities due to it of $329.55m.

Also deferred tax asset balance now stated to be $252m net based on previous UK tax losses, to be offset against future production. Guess that also was donated by previous management as part of the $1 cost.

Note 5 interesting as well, directors/staff costs still running at $2.2m level, of which sole director on near $500k. Also first item in the Directors report refers to the corporate indemnity given to Directors, and the Directors and Officers liability insurance firmly in place. Nothing is stated as yet re sign of any prospective funder or partner.

https://beta.companieshouse.gov.uk/company/04560068/filing-history
westsider
Posts: 210
Opinion:No Opinion
Price:0.00
Note
5 May '19
I should like to point out that the article posted previously refers to the general failure of various regulatory and legal bodies to investigate cases of fraud and to protect investors and shareholders. It does not in any way allude to our current efforts to bring the matter of the conduct of the BOD of Xcite and others to account for this travesty, which is still ongoing..
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