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a share swap is happening.
Igas Energy plc farmed out with Total. Peter is a founder of Igas.
correct . last minute the deal fails .
The rumour I heard was that PIRI was deep into due dilligence on a deal that he had expected to close in dec/jan. Have heard this so many times before so not getting excited just yet. Wonder if we will see typical a la Redmond, which would be there was a last minute problem and the deal didn't go thru.
Book now about balanced so lets see where we go from here
How about Vincent Tan!!
Thanks for that, finally found old Brucie : RNS 26th April 2012 invested in 200,000,000 shares in what was Oak Holdings to get 11%. It has been investing on a 'need to know' basis so far, with very little info disclosed. Hopefully the rumours are correct of a big investment. Looking back through the RNS's, it seems resource sector is unlikely and what is likely is a company just starting up, possibly pre. IPO
More than a sniff around the corner I think! But that said they will have been asked to sign lifetime confidentiality document. We now just need to sit back and wait for the RNS
He is the MD of Gledhow.............. http://markets.ft.com/research/Markets/Tearsheets/Directors-and-dealings?s=GDH:ISD
Could it be that news of the long-awaited deal is finally about to land? Word on the street late last year was that Pires were heavily into due dilligence on a very interesting project. Would be nice to at least get back to the 0.1p level before news breaks. Recent £0.5m placing at 0.1p was at a 40% plus premium to the share price at the time, so there must be a suspicion that this new investor(s) had a sniff of what was around the corner. They clearly liked the look of it.
Coming in so far.......NICE TO SEE
the raising of £500,000 was by issue of shares @ 0.1p in July for Aug 5th - so the last big Boys in came in just below me. Going back through the RNS's and directors etc, the only name I get is Peter Redmond. Can't find reference to old Brucie or Nick (who he?) The trades look big today but 22m shares traded only equals £13k or so. Anyway, it's a start.
I've noticed for nearly 2 months there's been iceberg buying going on. The drop in the sp coincided with regular selling previous to this. Last month it balanced out, now it's going positive. Haven't heard of any news, but I topped up as I believe this is could be the one for Peter as LDP is Patel's vehicle.
You'll find Peter/Nick and Bruce are linked in many companies even Astar if I remember correctly.
Arsenal, M4, supermabs You never know perhaps something is in the air. Supermabs - I'm in another of Bruce's shares - WST. I got in about 18 months ago on the thought he'd do something - nothing yet but the share is ticking over on football and kid's things (I was hoping for MINING)
I thought Bruce Rowan was a director at Gledhow, they own just over 200 million shares in PIRI.
Liquid Millionaire 2 Jan'14 - 10:35 - 366503 of 366535 0 1 PIRI Also heard on the ol' grape vine just prior to Chrimbo that finally PIRI have got a crackin' deal lined up which we should also all hear about soon enough as well! supermabs 2 Jan'14 - 11:38 - 1730 of 1735 1 0 I heard something similar, but the fact that there have been so many false dawns with this one over the last year to eighteen months means I'll believe it when I see it!
I am not a holder here, but would not take much notice of rise, unless it is a very good looking one. Overall, I think it is just a case of hoping that a very positive rns comes out on an investment or something along those lines & there is a sustained rise. good luck
I stupidly got into this share on the Sep 20th euphoria @ 0.11p when the 2 massive Holdings RNS's came out. The sp has done a lot of drifting since then. These Big trades aren't as big as they look though with 1m shares costing just £600 now. What do you reckon is up with these regular buys - do you think the company is going to make a move soon? Could you remind me, if you know, where Bruce Rowan fits in to this company. All the Big buyers announced on 20/9/13 actually paid for their shares on 5/8/13 at IMO around 0.084p (not the 0.11p I paid). However, they too are down. Any thoughts?
deal talk on advfn hence the interest.... apparently heard at Xmas party while everyone was very very drunk...
These buys in regular packages, have been going in for over a month. This is quite consistent and obviously doesn't raise attention.
Buys going in again, nice start to the year.
Happy New Year, good luck next year.
We feel the company requires further resourcing so expect to be butt fooking shareholders further in the new year. Same old bull dish.
moreforus - 24 Dec 2013 - 07:47:17 - 364648 of 364931 any hope at PIRI still LM or is down the crapper ?? Liquid Millionaire - 24 Dec 2013 - 09:00:17 - 364694 of 364931 PIRI The New Year moreforus will change everything for PIRI Watch this space.... PIRI HOT HOT PIRI HOT HOT GLA, Happy Christmas and a Prosperous New Year!