Member Info for akramms

The amount of shares traded last few days was huge, a lot was purchased more than current price of 0.41

The reason of all the trading is because of today's.

I'm not surprised, there will be some profit takers, but they will regret it, when this open on Monday

MMs playing games again, this will certainly be Blue at end of Today closing, how high who knows.

But there will be no time on Monday, as we will know by tonight on TSX

Assets to be handed over. Gunsynd to be re-rated big time.

Tomorrow (05/06/2019) will be last day for voting on approval of point 6:

"6. To approve the disposition of all of the outstanding share capital of the Company’s wholly-owned
subsidiary, Oyster Oil & Gas Limited, in settlement of certain indebtedness owing to Northbay
Capital Partners Corp. and Gunsynd PLC (the “Settlement Transaction”)."

and Friday at the AGM is where we will be certain certain of approval of Transfer of Oyster to Gunsynd

https://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00021434&issuerType=03&projectNo=02914727&docId=4519530

on the move 8% ip

The board and Charles will need to acquire 80m or 20% to reach the 75% to guarantee going private.

Unless there is a buy fill order from them in the background this will not be delisting.

If they are planning on increasing their stake they will have to pay for our shares so share price will be going up.

just need 25% of shareholders to vote against delisting

Cost of maintaining listing is minute compared to what they lost in a day
https://www.londonstockexchange.com/companies-and-advisors/aim/publications/aim-fees-for-issuers-2019.pdf

https://www.londonstockexchange.com/exchange/companies-and-advisors/main-market/listing-fees/aim-fees-calculator-annual.html?marketCapitalization=5000000&expectTradingDate=01%2F04%2F2019&calculate=calculate

Listing outweight the cost
https://www.bdo.co.uk/getmedia/7a5055c2-c009-4259-af62-6076f34cd49a/DirectAim-Issue-2-2015.pdf.aspx

Maistro
Shares in issue: 401,105,816

Market cap on Thursday's closing was 401,105,816 * 1.2p = £4,813,269

When they announced they will delist share price dropped by 80%, so now
Market cap on Friday close was 401,105,816 * 0.25p = £1,002,764

They've lost £4,813,269 - £1,002,764 = £3,810,505 in value in a single day, OUCH

Charles Street International holds 168,899,998 shares, 42.11%

They were valued at over £2m on Thursday's closing price (168,899,998 * 1.2p = £2,026,799)
and are now valued at £0.42m (168,899,998 * 0.25p = £422,249)

Cost of maintaining listing on AIM, depends but is around ~£100,000
So they've lost £3,810,505 only to save around £100,000. Don't make me laugh

Charles Street International should 100% oppose this delisting. There are benefits to maintaining a listing on AIM, significant one being exposure and potential of share price. Going private will only value a company at what assets is has, there is no potential in this.

Largest shareholder holding 42.11%

Shares Held: 168,899,998, assuming most shares were obtained at 1p, they have spent minimum £1,688,999.
They are now valued in region of 1,688,999/4 = £422249 at 0.25p.

They may as well buy out another £500000 of maistro and get over 80% of the company and just make an open offer.

https://s3-eu-west-1.amazonaws.com/pegasus-media-live/wp-content/uploads/2019/02/06101304/TR1-Notification-Charles-Street.pdf

https://www.sharecast.com/equity/Maistro/director-deals

1. Maistro has a nominal value of 1 pence each so they cannot issue any more shares less than this price. The only way you can buy less than 1p is to buy at market prices. We will see if any board members buy in the coming weeks to up their stakes, as they cannot get it at these prices any other way.

2. They closed yesterday at ~1.20p and today dropped to a low of 0.225, that is almost a penny drop. So if they decide now not to delist returning to ~1.20p is ~400% gain.

3. There are 40 days yet to trade in this shares so not all is lost. Also they need majority in favour to vote, and the board members collectively do not have majority so there is a chance is will not delist. Not to mension other investors must be furious about delisting so may take action.

4. End of Dec 2018 final results: show "Cash balances at 31 December 2018 include GBP1.2m net of issue costs in placing proceeds received in December 2018. A further GBP0.9m net of issue costs was received in January 2019."

5. Revenue 1.5m, Profit 0.13m which is an increase by 154% compared to 2017.

Next week, watch this recover, maybe not back to 1.2p but am hopeful it will recover to 0.6-0.75p

Total Depth to drill ~2000m in about 40 days

Kirkham Abbey Shoal is about less than half way down to should reach before 20 days of drilling

and Cadeby Reef formations is around the 2000m mark.

I'm sure they have already reached Kirkham Abbey Shoal, as they started drilling in April 26 2019, that is more than 21 days drilling.

Definitely going to be a great day today and over weekend.

http://unionjackoil.com/wp-content/uploads/2018/10/UJ_RathlinOpportunityPres_Oct2018.pdf

voxmarket

16 May 2019

**************************************/articles/q-a-with-union-jack-oil-executive-chairman-david-bramhill-b221907

They have stated that the Kirkham Abbey Shoal formation may have already been penetrated during the reporting of the Annual report so we shall expect news, today or early next week.

"The West Newton A-2 fully funded conventional appraisal well is currently being drilled using the BDF28 rig and the first target, the Kirkham Abbey Shoal formation, may have been penetrated and possibly reported upon by the time of publication of this Annual Report and Financial Statements.

There are a number of positives for the Company as a result of the West Newton acquisition including:

-- farm-in terms were very attractive with no associated up-front or back cost payments, with all funding going towards drilling, licence costs and administration

-- compelling, immediate and future economic value from a development of a gas discovery alone with the Operator's recently upgraded NPV10% in excess of US$300 million

-- proximity to existing gas pipelines and infrastructure
-- significant Contingent Resources being added to the Company's resource inventory

Success at the West Newton A-2 appraisal well will result, in time, in the delivery of a major onshore gas development of which the value of our investment would be Company-changing and effectively transform Union Jack's future."

Power Generaion still in the works see Presentation
https://edenville-energy.com/pdfs/Edenville-May2019-Investor-Presentation-FINAL.pdf

Power Generation
• Working towards a power plant development
• Independent Feasibility Study on a 120MW coal-to-power project provided an NPV10 of US$252M and IRR of 23% as announced in October 2016
• After a Request for Qualification (RFQ) tender process put in place by Tanesco in Q4 2018 Edenville has been advised by Tanesco that its coal-to-power project cannot proceed to development stage at this time
• Negotiations with Tanesco continue and alternatives to the initial terms are being explored by the Company

http://www.teichmanngrp.com

http://www.teichmanngrp.com/wp-content/uploads/2018/12/Teichmann-Company-Limited.pdf

Read the RNS, its not just the placing, they have basically restructured the company, Board changes, obtained finance to increase production, profit by end of June and partnership

"Strategic Partnership

The Company expects to shortly enter into a contracting agreement with a member of the Teichmann Group, a pan African civil engineering and mining group, to provide the quantity of ore necessary to meet BlueRock's production plans. Teichmann's extensive experience in mining operations is expected to significantly de-risk the Company's mining activities and allow BlueRock to meet its production targets in a cost effective manner.

In addition, Teichmann Company Limited ("TCL"), an investment company controlled by trusts connected with the owners of the Teichmann Group, has demonstrated its confidence in BlueRock's plans by subscribing for 310,000,000 shares in the Fundraising for a total of GBP310,000 payable in three instalments, GBP155,000 now, GBP77,500 on the 31 August 2019 and GBP77,500 on 30 November 2019.

TCL will hold approximately 19% of the Company's shares following the Fundraising and will retain a right to appoint a non-executive director to the board while it maintains a holding over 10%. It is expected that this position will be filled by one of the senior executives of the group with further announcements being made as appropriate."

The placing in March last year was £12m @ £10 per share / 1,200,000 shares issued.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=YU.&ArticleCode=e02v88su&ArticleHeadline=Successful_completion_of_placing_to_raise_120m

https://www.fireye.com/Systems/System/Nexus-NXM2G-Efficiency-Control

http://greffensys.com/product/

http://www.reiverenergy.co.uk/energy-saving/
VIDEO
https://youtu.be/Xxcst5ODDUI

https://www.sabien-tech.co.uk/sabien-worldwide/north-america/

They will use cash for working purposes, further order and additional investments and opportunities. Read Below.

Sales Pipeline £10.6m
Orders to date £1,141,713, which will be realised this financial year June 2019.

13 May 2019
Placing
"The proceeds of the Placing will be used to provide additional working capital for the Company and in particular, to finance in the short term, the delivery of the current sales order announced in April this year, and more generally to support sales activities to generate further orders from the sales pipeline outlined in the interim results published on 14 February 2019 and to allow the Board the ability to continue to evaluate additional acquisition and investment opportunities to enhance the long-term value of the Company for shareholders."

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SNT&ArticleCode=3ehbqp0w&ArticleHeadline=Placing

2 April 2019
Corporate Update - Contract win
"Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, is pleased to announce it has been awarded a contract by a major government department worth £846,375 for the deployment of Sabien's M2G Boiler Optimisation Technology across parts of its Estate."

"This brings total orders to date for the financial year ending June 2019 to £1,141,713 (2018: £478,709). All sales revenue will be realised in this financial year."

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SNT&ArticleCode=dx76g9zp&ArticleHeadline=Corporate_Update__Contract_Win

14 Feb 2019
Half Year Report

· Sales revenue £342k (2017: £462k)
· Sales orders received £132k (2017: £225k)
· Gross profit £291k (2017: £363k)
· Gross profit margin 85% (2017: 79%)
· Loss before tax £207k (2017: £233k loss)
· Net cash at the end of the period £263k (£133k as at 31 December 2017)
· Sales pipeline of £10.6m at 31 January 2019
· Overseas sales £39k (2017: £171k)

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SNT&ArticleCode=ds6j1izt&ArticleHeadline=Halfyear_Report

The same thing happened to Edenville on 14 Feb 2019
"Edenville Energy Plc (AIM: EDL), the AIM quoted company developing a coal project in southwest Tanzania, has today received a letter from Tanzania Electric Supply Company ("Tanesco") stating that following the Company's submission of the documentation for the Request for Qualification ("RFQ") for coal fired power generation projects in Tanzania, as set out in the Company's announcements of 22 October 2018, 2 November 2018, 8 November 2018 and 7 December 2018, the evaluation process of the submitted applications has been completed and that Edenville did not qualify in relation to the criteria set forth in the RFQ documents.

No reason has been provided by Tanesco for this decision and the Company is currently engaged in discussions with Tanesco to seek clarification as to the reasons behind this decision and to seek a way forward. Further announcements will be made as appropriate."
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=EDL&ArticleCode=llhxr7yy&ArticleHeadline=Tanesco_Update

We are hoping Tanesco will allow them to develop the Coal-to-Power project, as Kibo have been allowed too.

Note:EDL's original documents submissed to Tanesco in 18 Oct 2018 was accepted to comply with Tanesco's requirements. But then Tanesco cancelled the tender for all bidders and then reopened up again which required resubmission in Dec 2018
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=EDL&ArticleCode=4yb2c3s2&ArticleHeadline=Submission_of_RFQ_Documentation_to_Tanesco

EDL coal-to-power Project
"21 September 2016 an independent feasibility study provided for an NPV of US$252 million and an IRR of 23% on a 120MW coal-to-power project"