(ShareCast News) - Despite being on the verge of securing a crucial project partner, Madagascar Oil has warned it may delist from AIM in order to secure urgently needed funds from its major backers. After the providers of a $22m bridge loan refused to pony-up the final instalment, the oil producer a
Read more(ShareCast News) - Madagascar Oil's board was working to quash swirling rumours about its activities on Tuesday, as it made efforts to release funds and secure a strategic partner. At 1615 GMT, the AIM-listed firm's shares had jumped 18.52%, to 4p. The company said there had also been speculation on
Read more(ShareCast News) - Madagascar Oil said it was continuing to work closely with Jefferies International in its bid to find a strategic partner for the company. The London-listed group said it has received interest from a host of "credible parties" but expects the process to run until the end of the ye
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