Thinking of calling in the Fraud Squad!!! When will this ever surface again, another share where all the money has gone down the pan!!!!
27 Aug '15
god forbid has no one learnt anything from the last couple of years,what show have future (NER)shareholders got if the founders haven't got the 500k NZ dollars to pay for the Mauku permit, another round of known people joining the board to pump up interest, not a good result for the shareholders when he was in charge of NZEV, give me strength,cant bare to read anymore of the garbage. drill the prospect next year, oil at 40 bucks don't think so. rubbish.
25 Aug '15
Mauku sell off how much IRGS?
http://www.energystream.co.nz/news/2015/aug/6/august-2015-nz-og-wrap Another private New Zealand company, New Endeavour Resources (NER), is hoping to raise enough funds to buy the nearby Mauku prospect from UK company Kea Petroleum and perhaps drill the prospect next year. And, in an interesting move, former New Zealand Energy Corp president Calgary-based Bruce McIntyre has joined the NER board of directors. It is understood his experience in Northern Hemisphere energy markets, particularly finance markets, could be very helpful for NER.
21 Aug '15
So it's job well done, then?
18 Aug '15
re the onion
you are correct regarding NZ tax law, any earlier losses are now extinguished and really the company cap isn't 1.08 million if the shares could be traded on open market with a willing buyer that maybe the case but they cant so really it should be nil value as it has nothing of value and wont...the Aim listing may hold some interest but its no real use to anyone in the form its in at present. kaput.. IGS.
15 Aug '15
RE: What next for KEA!!
Under NZ tax law, the tax losses have already been wiped, when it changed to an investment company. Unless the business continues its field of activity, ie oil and gas exploration, the tax losses disappear.
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