Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Aye ur directors have done all shareholders proud, reject the offer from sound energy(look at them now) on the basis that the offer didn't represent value for money and then shaft u all. Gutted for all PIs on this one
It could be far higher than 3p. Good move at last by the board of directors
Cash in bank double the share price. So not only will shareholders potentially get double their money from today they will also be put out their misery. If it opens under 2p buy
Why bomb worth more dissolved than trading.......
Company is finished. Small Shareholders fxxked over again. This is going to bomb come 8am. I am sure the BOD will see themselves right
BrokermanDaniel @BrokermanDaniel 4h4 hours ago Antrim Energy annual & special general meeting called for AUGUST 30TH 2016 #AEY
There appears to be a gremlin in the works, I cannot access all of the RNS releases on this board & other boards. BW
Awww my little topup didn't move the SP lol
Absolutely agree. The company will be sorted in the coming weeks one way or another. Watch the SP rocket or distribute the assets. PI's need a bit of patience here.
Massively undervalued.
Not seen a spread this low on Antrim in ages, good time to buy but all i see are sells??
Antrim Energy Share holders. Please contact administrator@brokermandaniel.com #AEY
Apologies for board hopping; but ! The petition is going quite well; ~5800 signatures so far. ONLY 4 weeks to go !!! https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. If you follow tweeters etc, send it to them please! If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
jas, you mention Sound Energy. I'm afraid that ship has already sailed. Today Sound announced very encouraging preliminary flow test figures that indicate a major gas find in Morocco. Sound have increased their market cap in the last two weeks from £80 million to currently £140 million. This is just the start as they drill more wells on the Tendrara structure & conduct further tests. It is only a pity that the Antrim Board did not take up their offer. AEY shareholders could be so much better off with a real future to look forward to: instead of the prospect of returning shareholder cash they could have been multi bagging. Oh well, that's AIM for you! Crude
http://tinyurl.com/zatsky9 ANTRIM ENERGY 4P-6P RETURN OF CASH TO SHAREHOLDERS? As most investors know I’m in a concert party that owns just over 3% of Antrim Energy (LON: AEY). We invested in AEY due to their strong balance sheet. Antrim have approx. $12 million dollars in cash and cash equivalents on their book. No debt and asset/licence interests in Ireland and the UK Offshore. There’s the Frontier Exploration Licence (“FEL”) 1/13. The Fyne Licence, P077 Block 21/28a and Erne Licence P1875 Block 21/29d. All three are 100% owned by the company. Within one of those licence areas there’s a highly prospective resource of 1.1 Billion barrels of oil. known as the Skellig Block, in the Porcupine Basin. “The Company has identified two highly prospective Jurassic fault blocks and one Cretaceous submarine fan system in the FEL 1/13 Licence, as well as numerous other leads. FEL 1/13 has a 15 year term, with an initial three-year term followed by three four-year terms. The initial three-year term expires in early July 2016 and Antrim has submitted a request to extend the first exploration term by an additional two years and this request requires the approval of the Irish authorities. The Company is also currently seeking a new farm-in partner and operator to complete any additional technical work necessary during the period of any extension granted by the Irish authorities with the ultimate goal that a well commitment could be made at the end of the revised first exploration phase.” Over recent months we have been in contact with the management and stakeholders. Notably Hedgehog Capital who it must be said have failed to add any thing constructive. Now here’s the way forward for Antrim. As I see it there are three ways for the company to go. 1/ Get moving on progressing FEL 1/13. 2/. Resign and let new blood take over (You’ll remember that Sound Energy recently made a Takeover approach. I’m sure they would come back. 3/ (In my opinion the best way forward) Dissolve the company and return all cash and cash from asset/s sales back to their shareholders. This could return 4p-6p to their long suffering shareholders. I must point out that we have made our position very clear to the company. So it’s over to 3 salaries Anthony Potter the Antrim Energy President, Chief Executive Officer and Chief Financial Officer. Get the Antrim Energy House in order otherwise it’s a potential EGM situation looming large Mr Potter.
Looking forward to another blue week. Things happening behind the scenes to benefit shareholders.
correction, should read "holding". BW
Yep, buying and holing, is what I'm doing. BW
Ducks are lining up
:)
What's going on here
Market cap £3m. Cash in bank around £6.8m. Spend £1m to take around 30% ownership, replace board with your guys, flog FEL1/13 for whatever you can get, return all cash to shareholders and sell the shell for tax losses. On cash alone your going to get a 100% return on your investment. Can anyone lend me a mil for a coupla months?
I've stopped buying/selling for the forseeable mate - I've spent the last couple of months taking a thinly but widely spread position in dozens of crushed commods stocks and a few new/bio tech plays ahead of the cycle reversal and I'll not be cashing anything in until something bags+ then maybe I'll use that cash to play the more dynamic stuff again for cash + fun but as things stand, everything I'm in is at least a 6 month hold as the tide rises ...
Spot on stew. Big things are afoot here. Positive rumours around The City about AEY.
Literally no shares on offer to buy. The only way is up baby