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New World Oil Share Chat (NEW)



Share Price: 0.315Bid: 0.30Ask: 0.33Change: 0.00 (0.00%)No Movement on New World Oil
Spread: 0.03Spread as %: 10.00%Open: 0.315High: 0.315Low: 0.315Yesterday’s Close: 0.315


Share Discussion for New World Oil (NEW)


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Arminius
Posts: 2,939
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.78
0.77p to Buy
13 May '14
 
Bigml
Posts: 67
Off Topic
Opinion:No Opinion
Price:0.78
View Thread (3)
RE: Arm ot
13 May '14
Looks to me like a mix of Blackpool pleasure beach, Brent x shopping centre, and Southend pier with sand instead of mud!!!🐷
Boerseun
Posts: 33
Premium Chat Member
Observation
Opinion:No Opinion
Price:0.78
Escrow
13 May '14
Does anyone think that it might have been a good idea to agree that the initial €1M payment should rather be made in escrow until the US$20M is received by Niel?

It seems all well and good that the final payment of €4M is the subject of a "put option" to recover the deposit if the payment is not made to Niel - but how the hell to they realistically propose to get the deposit back.

If the whole deal is done in escrow, then at least everyone knows where their money is. Just IMHO
Arminius
Posts: 2,939
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.79
View Thread (3)
RE: Arm ot
13 May '14
That dad looks a little bit too young to me...lol

Anyway News Black Out has been lifted, so at least we will get regular updates.

Bill mentioned they are still keen on Denmark, Drill decision by this summer.
Farm out?
Rivendell666
Posts: 3,855
Observation
Opinion:No Opinion
Price:0.79
View Thread (3)
Arm ot
13 May '14
Just Googling away. Here are some lyrical views of where our Brave New World Bod will have to slum it.

https://www.flickr.com/photos/khalid-almasoud

Considering the alternative to the present soap - bankruptcy - I'm loving it. All we need is one well in Denmark, Belize, Kuwait, Sao Tome or Francophone Africa to come good....................
Arminius
Posts: 2,939
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.79
View Thread (3)
RE: Arminius
13 May '14
ritibejo
Posts: 250
Off Topic
Opinion:No Opinion
Price:0.80
all looking good
13 May '14
providing the due diligence on Al-Maraam does not find anything. I Assume Al-Maraam is clean!
Arminius
Posts: 2,939
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.78
View Thread (3)
RE: Arminius
13 May '14
Khalid Al Masoud Al Fuhaini is his father.
Ex Minister of Education, seemed to be influential.
CEO of a Kuwaiti listed company.

As always DYOR before invest in anything

1.000.000 buy at 0.845p near full ask

2x bagger already if you managed to get hold of these at 0.4p levels. ;)

More to come
Rivendell666
Posts: 3,855
Observation
Opinion:No Opinion
Price:0.78
View Thread (3)
Arminius
13 May '14
Osma Khalid Al Masoud Al Fuhaid, Fahad Osama Khalid Al Masoud Al Fuhaid and Dr Muaaz KH M Alfahaid (the 'Sellers'). More names for Ghee to Google. What a wonderful soap....... I'm loving it.....
Arminius
Posts: 2,939
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.75
$44 million finance for growth
13 May '14
They have received $4.8mln of a $25mln financing deal from Niel petroleum If Niel pay over the remaining $20mln, then a further $25mln loan is available to NEW from Niel petroleum.

Take into account the Kuwaiti deal then NEW will have $44 million to its disposal!

Not bad for a small cap company with a current market cap of £5m

Follow the money



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