We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
tfb whilst AEX is falling this share is in the best place "dormant", I do hope this Dutch Gas Deal works out because if it doesn`t and because of the Licence situation in Tanzania it might be a glum time ahead, I only say this because and it never happened before but I dreamed the deal failed and we were still waiting for the Licence, what time frame this was I simply don`t know but maybe all of this is playing on my sub conscious mind but it can be draining and frustrating I guess, thanks for the info Mr Perkins GLA !!!!
No I don't see any reason why it should be an issue. I do know however that the NL Gov are very diligent as I met them the other month regarding a licence for another sector and the process took longer than expected. I did ask the same on the conference call but the BOD said they did not see any issues and the process was straight forward.
They also are waiting on the two CPR's and can't complete till they have those details to confirm asset value.
Lets see what the week brings, hope they deliver the admission document soon though and it's likely to be large.
C PERKIN thank you for your very detailed reply can you think of any reason why Netherlands O&G would not approve,DO you think SOLO would have to prove to them they can raise the funds for purchase such as equity fund rairing being underwritten by institutions subject to deal being completed
The only indication they gave was mid Q4, the deal has to be approved by the Netherlands O&G regulatory office amongst other things.
"Completion of the Proposed Transaction is therefore subject to approval by Solo's shareholders at a general meeting to be convened in due course ("General Meeting") and the raising of below mentioned equity & debt and regulatory, government and partner consents. In order to convene the General Meeting, the Company is required to publish an AIM Admission Document which details, inter alia, the Proposed Transaction. It is intended that the Admission Document will be published by mid Q4 2019."
I am surprised we have not had a timetable and document shares were suspended on announcement 7 weeks anyone any one got any ideas why so long ?