Member Info for arsenal58

reporting that 27.10.14. agreement still binding and SONA will get there targets. Lets hope thats right or we are going to get screwed by OPHR.Analyst from First Energy Gerry Donnelly said Africa is becoming to expensive for OPHR and if they get this deal done what a bargain.

In fact if you look at it logically OPHR should keep SONA on board to wipe the debt and grab 60% of this company for peanuts. Big egos little Dicks come to mind.

Well however you look at it thats the best deal on the table clears all debt and gives shareholders a drink and no mates rates. SONA is the way forward with any deal on them terms GLA.

as I said before they have net assets of 400+ million debt well covered

Can buy the whole company for what there paying for 40%of Bula.Come on SONA.bid these dodgepots out and then sack the whole lot

Blow the CESPA deal on purpose then reccomend this pIle of ****es offer insider dealing or what

I meant 143 cash and not some promise of 25pence if and when.CESPA tried to pull a fast one. The problem seems to be cash with this mob maybe the BOD should take a pay cut, also there as been no good directors buys since 2013 which is not a good sign in my book, even so bought again at 90p to get my averages down to the 120s.GLA

No not at all 143 pence is fair for this company as it stands,you must take in to account they are producing oil.

The CESPA deal was a very poor offer, the only reason you think it was OK was you were on a earner. This BOD. are also in the same frame of mind as you. This company as very little chance with these attitudes, SONA see the real value here, and OPHR will send in a bid. but Dubai will get this company in the end.GLA.

What do you base your feeling on???

Also if the figures run true including everything on the books net assets 402410000 divided by total shares 279900000= 1.43769203 a share with no premium and debt inclusive.

SONA want to pay 175625000 for 40%of greater bualuang area and CESPA want the whole shabang for327789000.Debt or no debt I know whose hand I would be shaking and he wouldn't be Spanish.

402.41 million in the black according to their figures debt pile well covered

Sorry I hate predictive pads. Link should start klse.i3 and then investor

SONA. link-kleininvestor.com/blogs/sinchew_company_story/62548.jsp GLA

may start for SDMR is if CESPA pay us 145 that is 392805000 pounds but the SONA bid is worth 439062500 pounds on all the issuance of shares pro rata that is a shortfall of 46257500 which is around 16.5 pence a share so to be straight the CESPA deal is PANTS.

I spend a lot of my time in Malaysia. The culture they have is quite like the Chinese, if they want somethinge bad the money always appears. Plus this is a way into Thai waters that the Thai nation would have put barriers in the way of normally.GLA

newspaper its SONA and no R that my pad keeps adding without permission.

1 for 1 is pushing it but can see 1 to 1.3 offer.Sonar must be confident about the undrilled areas and may come in and Gazump the lot with a 200 pence bid IMO. Anyhow plenty to occur yet in my book.GLA.

Sonar petroleum are telling the Malaysian press and there shareholders,that they will do everything they can do to seal a deal with salamander a bidding war on the horizon one feels hopefully. The article is in the Malaysia star on the business page today you should be able to get it online now or search Sonar petroleum on the site.GLA