The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
Having trundled along for months with extensions to the exclusivity period, it is a big move to now suspend the shares. This share has the potential the spike hard on rumours as we've seen and a big jump alters the takeover numbers at play. They also clearly don't trust info not to leak. You have to think the deal is now close. Hope we're not suspended for long, but I don't think we will be. Its all exciting though.
Oil and gas - not my forte. Quick look at CBM Project on website has $37m already spent on wells, pipes and infrastructure and US Nat Gas price has perked up back to $3. Agree SSSIG has funded CZNs existence and probably don't need to extend "exclusivity" at this point. Sub £1m cap, worth a punt. Lockdowns appear to have delayed the show.
Curzon's web page has $37m spent by previous operator on the CBM Project with infrastructure in place. US Nat Gas price back up to $3. Sub £1m cap and funded by SSSIG, worth a punt?
But they are paying a fee to keep it open until 1st Dec do some research
There it is, the trade that was responsible for the late boost.
Someone happy to pay 1.15 for a million.
That’s a decent size for this, bodes well.
Is the deal finally done?!
Let's hope it's good news or were screwed unless they have another RTO in the pipeline
05 Nov 2020 Confirmation statement made on 5 November 2020 with updates
View PDF Confirmation statement made on 5 November 2020 with updates
05 Nov 2020 Notification of Convergevest Holdings Group Ltd as a person with significant control on 21 October 2020
Notification of Convergevest Holdings Group Ltd as a person with significant control on 21 October 2020 - link opens in a new window - 2 pages(2 pages)
05 Nov 2020 Cessation of Sun Seven Stars Investment Group Ltd as a person with significant control on 21 October 2020
Interesting find -
SSSIG were previously registered at Shelton Street, Covent Garden and are now showing as registered in Tortola BVI
CONVERGENET were also registered at Shelton Street as CONVERGENET QUINTESS GROUP LIMITED.
Both appear to have reregistered in BVI at pretty much the same time.
Someone more intelligent than myself will know of a good reason that this has been done. Its certainly perked up the share price movement.
Just seen on Companies House website for London Critical Metals Market a change of “Persons With Significant Control” from SSIG to Convergevest Holdings Ltd based in the BVI.
Has anyone any thoughts on what this means for Curzon Energy.
The other potential big hitter could be monecor/etx who already hold over 3%?!
Does anyone think the delays are allowing SSSIG to buy shares on the cheap before making an offer for the remaining share capital?
What A Surprise! Funding Desperately Needed Here Imo !
I do wonder what the sticking point is with the deal. That RNS only serves to spook the market and drive out more retail holders.
Only a plus if they are willing to stump up more money for an extension !!
Doesn't sound that promising.....
Update is that we have no update ......
Talks ongoing though so that's a plus I guess
Should see 2.5p+ on this soon, news due anytime now accumulate and wait. Free float is very small on this and can’t really go wrong at these prices, especially with Chinese wanting to take over planet earth
I emailed some time ago too but never received a reply
I do interpret that reply as good though
'there is not a great deal we can say on this matter without bringing you inside'
in other words, there is a lot to say, we just can't say it yet ...
Dear ****,
Thank you for the e-mail. Unfortunately there is not a great deal we can say on this matter without bringing you inside. However, what we can say is that the Board is in constant dialogue with our financial advisors and lawyers as to what we should formally announce and when we should do so, so this is very much an active decision making process.
So broadly speaking, we agree on the need to update the markets, and we look to be able to formally do so in the near term, and we apologize for any delays to date.
Thank you in any case for the support and ongoing interest in Curzon Energy.
Regards,
Curzon Energy Plc
So, tired of waiting, I emailed the company at the beginning of the week asking for an update, specifically had the period of exclusivity been extended and if so, or if not, why has this not yet been broadcast to the market.
Surprisingly, today I had a reply.
I replied back asking if they were ok with me sharing the content of the email on a public share discussion board, but they have yet to reply.
After a couple of minutes thought, .. I decided to post their reply anyway.
Fwiw, I am leaning towards a positive, but as a shareholder you generally do don’t you !?
Copied verbatim btw.
.. to follow … discuss.
I was thinking the same and looking to top up myself shortly. Clearly SP will rocket if deal goes ahead.
Despite the lack of news there has been a consistent flow of £2-3k buys over the last few weeks.
I may be way off the mark but; Is there a chance someone is quietly building up a sizable holding and taking advantage of the low SP thanks to the above noted lack of information.
For over 6 Months ! Last Chat Lasted in The Region Of 14 Months And Then Binned With A 4 Line Write Off !