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up on virtually nothing. Imagine if there was a bit of buying pressure.....
I know doc on Twitter is pretty good at calling things he is saying substantial move coming over there
It’s funny because crcl is going up isn’t kaintz something to do with them too
Hopefully yes and hopefully be sorted for the 1st of sep or before
Nice £5000 buy there
Retail investors are getting bored despite Curzon retaining the exclusivity arrangement with SSSIG. Its a shame but the PR from Curzon this last month has been non existent.
If the MM's allow I will be topping up at under .70 again.
Wouldn't mind a few more selling out as I think a buy at 0.5p would be a great risk v reward play having read the RNS....
I'm fully out of this now...
can only sell £850 wortb then goes nt
I didn't notice an RNS being delivered yesterday (12 August 2020), stating:
Curzon Energy plc (LON:CZN) the London Stock Exchange listed oil and gas company, announces a further update regarding a potential transaction details of which were first announced on 18 March 2020 and more recently updated on 1 July 2020.
The period of exclusivity originally entered into between Sun Seven Stars Investment Group ("SSSIG") and the Company has been extended until 1 September 2020 by the payment of £75,000 to be added to the existing one-year loan note carrying an annual interest rate of 10% per annum and convertible at the price of any subsequent share issue in the contemplated transaction. SSSIG has the right to further extend this period through to 1 December 2020 by making additional payments.
While the parties continue to work constructively towards a potential transaction, there can be no certainty that due diligence when complete will be compelling, nor to be able to predict the length of time required to reach definitive agreement or the likelihood of concluding a successful transaction.
The Company will continue to update the markets on progress as appropriate.
Re RNS ! LMFAO ! Who’s paying who for what ! Reverse takeover of What ! 10% interest for What !
hopefully done by the 1st of sept fomo on that date might drive the price up a bit fingers crossed gla
I certainly wouldn't buy more....now its just a waiting game....I have risked enough already and though it is encouraging it is by no means a done deal....in fact the longer it goes on the more it becomes a 50/50 scenario in my opinion. i would not want more of my money tied up until the 1st of December and possibly even longer as these type of transactions have been known to take as long as 18 months or so, hence it is not as simple as TOP UP NOW guys....Just patience and hope is what is now required.
Encouraging development certainly but by no means would I say 'not long to wait'....December 2020 is not exactly around the corner. But being informed is key and Scott has acted finally. SSSIG are merely loaning CZN money for a period of exclusivity...nothing is black and white but the latest extra 75k is a good sign
You would think there would be more buying interest.....
RNS ....not long to wait now folks.
gla
Not a wise business or investment approach to talk about the possibilities of share price when the company has failed to live up to its expectations in the past and has not delivered on its recent promises and there are delays and little by way of communication is forthcoming to its investors who remain in the dark and are left with more questions than answers.
There is every possibility you can lose all our investment as no deal is struck and company winds down so lets skip the dreaming bit for now and deal with reality and we should be knocking on Scott's door asking for some update etc or try and keep as much informed on the progress, which is not easy with the incapable and careless Scott Kaintz at the helm!
I will never ever invest in any company he runs or is associated with. Every dog has his day. Let's hope he delivers this one time.
whats peoples thoughts on sp if it all goes ahead?
monecor know its coming for sure cant be much longer i know somebody said last time they dragged it out for 16 months
seems I called it wrong.. just hope for a reasonable outcome in the next week or so..
added some at .825 - time to sit and wait it out ..
The reality is, SSSIG are getting involved with Curzon as it's a cheap way to get into a main market listed company without the expense and risk of an IPO. As a result, what the existing BoD hold in shares is irrelevant.
Curzon is simply being used as a cash shell, not as a training entity and investors already know that and are holding firm as the change in purpose, name and leadership could result in significant increases in the share price.
i cant believe we have not heard anything yet really hopimg for good news soon surely a billionaire wouldnt be just messing around
Strange partnership ( if it proceeds !) A Billionaire and the average 6 Granders ! A match made in heaven for a billionaire! I wonder who’s doing the Due Diligence!
Pared Energy s Due Diligence lasted 16 months and ended up with a Four Line Write off !
It's a bit late for them to worry about it now in a closed period. I am sure they will be fine in the long run with the financial support of Bruno Wu (SSSIG)