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6 hours ago
https://www.bbc.co.uk/news/world-africa-68041134?at_medium=RSS&at_campaign=KARANGA
According to French news agency AFP, Igad on Thursday reiterated its call for an immediate and unconditional ceasefire" in Sudan.
In a final statement after the summit closed, Igad also said Sudan's army, led by Gen Abdel Fattah al-Burhan, and the RSF must have a face-to-face meeting within two weeks, AFP reported.
MSN 10h ago
https://www.msn.com/en-us/news/other/rsf-commander-says-ready-to-end-war-in-sudan-begin-negotiations/ar-BB1gX3Jr
The Commander of the Rapid Support Forces (RSF), Mohamed Hamdan Dagalo, has confirmed to UN and European envoys that he is ready to stop the war and negotiate to end Sudan’s crisis.
Earlier, the Sudanese Foreign Ministry suspended its involvement with the Intergovernmental Authority on Development (IGAD) after the Authority invited Dagalo to attend the scheduled summit in Uganda to discuss developments in Sudan and Somalia.
The Sudanese government and army commander Abdel Fattah al-Burhan did not attend the IGAD summit.
Dagalo arrived in the Ugandan capital and met with international officials on the summit's sidelines, but he did not give a speech at the opening session.
Several delegations from various countries and international organizations participated in the opening session, including Saudi Arabia, the US, Egypt, Türkiye, UAE, Arab League (AL), and the African Union (AU), as well as the President of Djibouti, the current chair of IGAD, and Uganda as the host country.
The participants agreed on the importance of avoiding military escalation, ceasing hostilities, and committing to protecting civilians.
During his visit, Hemedti met in two separate meetings with the UN Special Envoy for Sudan, Ramtane Lamamra, and the EU Envoy to the Horn of Africa, Annette Weber.
Hemedti said that he discussed with Lamamra the current developments in Sudan in light of the ongoing war incited by the "terror-driven former regime and its allies" from within the Sudanese Armed Forces, who seek to "escalate this conflict by all available means."
"I emphasized to Mr. Lamamra our firm commitment to achieving peace and stability for the people of Sudan — to pave the way for a new Sudanese state based on equitable foundations and genuine civilian-led democratic rule that alleviates injustices for all Sudanese,” he added on his X account.
In turn, Lamamra also posted about the meeting on his X account, saying: "In the context of my initial contacts in my capacity as Personal Envoy of Antonio Guterres, I discussed with Gen. Mohamed Hamdan Dagalo on 17/01/2024 in Kampala the prospects for achieving peace in Sudan as well as the role of the UN in strengthening the efforts made to that end."
Later, Dagalo met with the EU special representative for the Horn of Africa and briefed the official on the reasons behind the war in Sudan, which was initiated by the "extremist former regime and its collaborators from within the Sudanese Armed Forces."
"They continue to prolong this conflict to maintain their illegitimate, de facto government, which was formed by their attempted coup," he wrote on the X platform.
Dagalo asserted that he was fully prepared to cease hostilities and engage in negotiations to alleviate the people's suffering.
"Our aim is to foster security, peace, and stability in Sudan."
I think it's time for my first #wcat green box !!
Should change your name to 'negative nelly' lol
Have a good weekend everyone, we are another week closer to life changing news :-)))
It’s a shell-if it’s not, prove it.Im all ears
As for the shares, how many of the 61pc are ‘sweet equity’ is free??
😂 think that if it makes you feel better 🤦♂️ You haven’t won, nor proven anything.
All the facts and plans are outlined in the RNS’s and have been discussed in several interviews. Up to you if you don’t believe the details, but stop trying to convince people it’s a shell company just because you’ve clearly been caught out in the past.
We're
I'm sure that's the reason why were all here lol
Only difference we have skin in the game because we actually believe in what he has said !!
Here is the logic, if he wanted #wcat to run like most other companies he would flooded the market with shares from the off, he certainly wouldn't be holding 61% for it to fail, makes no sense ..
You know you’ve won the argument when the ‘why are you here?’ is trotted out
I’m here because I’m waiting to see if he can pull of the Sudanese deal
September 18th 2023
https://markets.ft.com/data/announce/detail?dockey=1323-16127404-40M5SN3FRN4KJ8BFJKML1HKUI3
The Bamboo oil field which contains 506 million barrels (STOIIP) is to be renamed the WILDCAT oil field on signing the service agreement.
Currently production at the field is around 4,000 barrels of oil per day (bopd) down from a peak of 20,000 bopd. Through the implementation of Enhanced Oil Recovery techniques (chemical & thermal) as well as repairing and up-grading surface facilities, Wildcat will be targeting an initial increase in production within a year, with the ultimate target of around 10,000 bopd (+) within 3-5 years.
Wildcat, after evaluation the field data will submit a short-term (6-12 month) work program to the OEPA for approval. The evaluation process should take 1-2 months and the approval 1 month. When the political situation allows the Company still intends to negotiate a PSA (20-25 years). The field already contains all the surface facilities required to process increased oil production, including access to an export pipeline (Red Sea).
Why are you even still here? Continuously commenting on a share you’re not even invested in 😂 what a life you must have.
I do feel sorry for people like you. I suggest getting help.
And by the way, was that RNS you posted written by David Brent or a 5 year old ?
That’s right-hard facts
Now you tell me why the market cap is £7m when there is nothing in it other than a potential deal.Thats how spacs and RTOs operate and how promoters get free equity
I can't sell a bean, so if I can't nobody else can ..
Of course you’re going to state “hard facts” when the company is still waiting for the deal to be signed. No one cares about the past. We’re here for the deal.
I suggest you go and do some research and stop focusing on past events / pre deal business operations.
I’ll save you some time and leave this here —> https://www.lse.co.uk/rns/WCAT/wildcat-petroleum-newsletter-july-2023-oct-2023-gfivvr0ldryq1l0.html
I met Edelson because I was looking at reversing something into one of his shells.He had quite a few-hence his nickname ‘shellmeister’
He’s well connected -•look at Knutsford for an example of a shell going to £1bn of value with nothing in it.Of course, investors lost £1bn of value as a result
The point is this is a shell-it has £150k of net assets and a £7m market cap.The only conclusion you can come to is that the rest is hope of a deal transpiring.If it doesn’t, then £7m of value will evaporate.
You can criticise all you like-I just deal in hard facts and I challenge anyone on here to dispute what I have said above
What’s happened in the past and to other companies is irrelevant.
All we’re waiting for here is the ✍️.
Just got to trust your research and ignore what the naysayers say. Do not believe everything that is mentioned on here. Plenty out there who hold grudges because of their own poor investment decisions and take it out on genuine investors trying to get them to sell through panic and fear. Got to wonder why someone would still comment on a share they’ve not been invested in for 6 years.
Let’s hope for a blue day today 👌
Ignore them questions Truthfactory
Tbh I don't really want to know ..
My focus is here & now and purely based on the Sudan deal !!
Off out now to have some breakfast :-))
Lets have a big juicy blue day for a change !!
Did these two people even know each other 24 years ago !!
And where did you meet them ?
I met Edelson 24 years ago.Ive also met the chairman and at the time it was a Kazakstan deal-ask him about it.
Whether you agree with me or not, the facts are the NAV at year end was c £150k and the current market cap is c£7m.Do you agree?Classic shell with hope baked in-in this case Sudan.Well trailed of course but the market for shells and spacs collapsed 3 years ago.They were all the rage 25 years ago and then 5 years ago-enough time in between for a new generation of punters to back them.
Now go and check the numbers and do let us all know if you agree or disagree thanks.
Of course you did truthfactory … 😂
You met the Wildcat chairman too didn’t you… 😂
And also all the other CEOs you’ve met at other companies …😂
“Net assets”…jeez you are really clutching at straws there. You clearly know nothing about the current situation and plans in Sudan. Do some research instead of spreading irrelevant information trying to scare people. 🤡
I really don’t understand what you’re even doing here. You’ve not been invested for 6 years (if you ever were) and you have no interest in the company - yet you’re always turning up 😒
Net assets at year end £150k-cash £135k.
Market cap £7m
Ahem
John Michael EDELSON
https://find-and-update.company-information.service.gov.uk/officers/CiIstd9hUOYgqqZmCkGDRFYz-u8/appointments
Worth a read
I met Edelson probably 25 years ago-he was behind Knutsford
This is a mini Knutsford-market cap nearly £7m with nothing in it other than hope and some ‘talent’
As I said earlier, be careful-this was supposed to be a Kazakhstan play, which didn’t materialise , and it’s now Sudan-according to the Karachi Gazette 😉
https://www.investorschronicle.co.uk/Standard-Articles/2021/03/18/LessonsFromHistory_SPACs
Janiax -
The next few weeks is being optimistic I feel.
Focus on when it comes it comes, until then it's an easy hold as he stated good things to happen (hopefully) in 2024 ..
ATB