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New World Oil Share Chat (NEW)



Share Price: 0.64Bid: 0.60Ask: 0.68Change: -0.01 (-1.54%)Faller - New World Oil
Spread: 0.08Spread as %: 13.33%Open: 0.625High: 0.64Low: 0.625Yesterday’s Close: 0.65



Share Discussion for New World Oil (NEW)


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Neuls1
Posts: 429
Off Topic
Opinion:No Opinion
Price:0.78
View Thread (3)
RE: new
17 Feb '14
That's a fair buy out of the blue when compared to the others recently - hopefully a good sign?
 
reggie72
Posts: 2,817
Off Topic
Opinion:No Opinion
Price:0.78
View Thread (3)
new
17 Feb '14
nice 1.24m buy at .82p, fingers crossing time!
Arminius
Posts: 2,271
Observation
Opinion:Strong Buy
Price:0.75
50 million $$$
14 Feb '14
$50 million combined with Niels high level contacts that's not something you will find in AIM Oil Gas companies

It's a No brainer trading close at Mr Foucher subscription price ~ cash level

New assets will be key catalysts in the near future imo.

Denmark Danica - farm out close, ADVANCED talks with MAJOR OIL company, household name
Mr Foucher's close ties to Gazprom is a give away imo, NO funding needed

Belize - farm out likely considering the Perenco - Pacific Rubiales - NEW (Niel) connection

"Dragons are about one thing - making money and adding value"

They have connections at the highest levels in Middle East and French Africa
......Sarkozy, French gov, African Presidents, Emir Quatar, Oil major,...

They want to expose us to very intersting and potentially company making projects

Midcap company in 18 months
Hope this helps
paulie3
Posts: 341
Off Topic
Opinion:Strong Buy
Price:0.75
back
14 Feb '14
Next week for some news.
Mav2
Posts: 3,682
Observation
Opinion:No Opinion
Price:0.75
Blue
14 Feb '14
All blue so far
Mav2
Posts: 3,682
Observation
Opinion:Buy
Price:0.75
Carry on the gradual rise today
14 Feb '14
Back into the 80's for the weekend
Mav2
Posts: 3,682
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (2)
RE: April 14
14 Feb '14
I am looking more for more like the next 2 weeks, and I don't see why not given this has gone since August and they now have some of the funds and said end of February for the rest. You would hope it would come before then as they would surely by now have learnt to be conservative with their dates.
bountyhunter007
Posts: 744
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (2)
April 14
13 Feb '14
Happy to wait untill April 14 as this would allow me avoid any CGT for this year. I am quiet sure it will come good from here. If we get $50M no one knows where we will be unless future plans are declared...if we dont get $50M I dont think theres any downside....Bill will find JV partner for Danish & Jutland....GLAH
Arminius
Posts: 2,271
Observation
Opinion:Strong Buy
Price:0.75
Short term News flow
13 Feb '14
Thanks to cash, advfn
Sums of up nicely

It could be a farmout of Denmark or news on the financing front. Take a look at subscription update (dated 22/01/2014) above. This is the key paragraph;
-----------------------------------------------------------

"The Company is now pleased to announce that it has received Subscription funds to the value of US$4.8 million from Niel and which the Company is currently holding in escrow. US$20.2 million, the balance of the agreed Subscription funds, is expected to be paid by Niel by the end of February and at that stage the total of 2,184,897,959 Subscription Shares will be issued and allotted in accordance with the transaction approved by Shareholders.

A further announcement will be made in due course"

-----------------------------------------------------------

As they have recieved $4.8mln of a $25mln financing deal from Niel petroleum, it kind of confirms Niel's intent. If Niel pay over the remaining $20mln, then a further $25mln loan is available to NEW from Niel petroleum.

It says in the update the remainder ($20mln) is expected by the end of Feb. I caution, it could be later than that, but will be a major development if it is received. NEW will have gained themselves $25mln in immediate funding and then have access to a further $25mln.

I will keep a close on this one.
paulie3
Posts: 341
Off Topic
Opinion:Strong Buy
Price:0.74
re- news
13 Feb '14
All eyes on this the next 4 working days could see this hit 2-3p on news



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