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There it is, the official announcement has landed.
Well done Hurricane and I'm sure a jovial AGM today for those attending.
is showing it's usefulness quite often here lately.
I'll answer my own question here: in an rns from early july I see Springer upped their stake to 12,5% and the price around that time was 320p
now how likeley is it that springer is prepared to shell that out for the remaining 40-something %?
do you happen to know what the highest price paid by Springer in the last 12 months is?
That is by regulation the minimum price they would have to offer once they pass the 30% threshold.
considering the company is certainly in play at the moment.
why are you using google is the real question here
I understand your frustration with the delay and the resulting slow attrition of the sp, but for me this an opportunity to greatly enhance my stake in 5 succesful drills in Niger at firesale prices.
Do none of you look at the market as a whole?
Massive selling all over Europe because of China trade tensions, ofcourse this share is also affected.
Anyone got any info on the supposed probe into the offshore lease of Exxon and Tullow?
Albi1, the monetisation(or derisking) of assets, that are at this moment not represented in the share price, will lead to several billion pound coming in.
If you think that those amounts will not move the share price I don't think this is the one for you.
Besides that, not wanting to sell the company does not prevent another party still making an offer.
It only prevents a friendly takeout, not something big oil really cares about once the reserves are proven I should think.
I'm out right away today, zero confidence in a normal resolution of the current issues after this abysmal "bid" by Barrick.
Good luck to all holders.
@Albi1, personally I've always read Trice's comments on not becoming a long time producer as selling the assets, not the company.
He's having way too much fun to stop doing that.
Look here, an answer without a long winded story leading up to it.
yep, zero premium bid to take us out.
and probably right after that has happened a miraculous agreement with GoT.
Barrick wants to buy all share in Acacia
also this happened almost 2 weeks ago, of no interest now.
thank you for the info.
any chance you can repeat the gist of it here?
the other site doesn't like my ip adress for some reason.
Acacia notes reported comments in the Tanzanian media today attributed to the Regional Director of Tanzania’s National Environmental Management Council (“NEMC”), the Minister of State in the Vice President’s Office for Union Affairs and Environment, and the Minister for Minerals that its North Mara mine (“the Mine”) has been issued with a fine in relation to alleged historical breaches of environmental regulations in Tanzania.
Acacia confirms that North Mara Gold Mine Ltd, the operator of the Mine, has received verbal notice from the Government of Tanzania (“GoT”) that it is to be issued with an Environmental Protection Order (“EPO”) in relation to alleged historical breaches. The Mine understands that the GoT is considering issuing an EPO on account of alleged deficiencies at its Tailings Storage Facility (“TSF”), however the Mine has not yet received an EPO, or any supporting reports, findings or technical data in relation to the statements attributed to the Minister of State in the Vice President’s Office for Union Affairs and Environment.
Acacia confirms that the two ministers did visit the Mine yesterday to meet with management of North Mara, to review the status of the Mine’s works to rectify and manage within the mine site seepage from the TSF, and the status of North Mara’s project to construct a new TSF.
As previously disclosed on 8 March 2019, the Mine’s technical team has been working constructively and collaboratively with the GoT to try to address the GoT’s concerns regarding alleged breaches of various environmental regulations and alleged discharges of a hazardous substance from the Mine.
The Mine is reaching out to NEMC and to the Ministers to seek clarification of these media reports and statements, including to request copies of any investigation reports or data upon which the Government’s actions are said to be based, and to seek details of any EPO or other statutory order that might have been issued, imposing a fine or requiring the Mine to take further remedial action.
In the meantime, operations at the Mine remain unaffected.
Acacia will provide further updates as required.
just have a look at the company website, it's the easiest way to inform yourself.
not really that big a prediction, is it now?
an exploration company on the cusp of becoming a producer sees it's share price go up..
what are you, nostradamus ;)?