Member Info for bammo

BAOBAB RESOURCES PLC TETE MINING TITLE GRANTED 17 DECEMBER 2014 HIGHLIGHTS · Mining Concession granted by the cadastre division of the National Department for Mines ('NDM'), Mozambique, for the Tete pig iron and ferro-vanadium project; · The Mining Concession is valid for a period of 25 years and renewable for a further 25 years; and · Baobab is also working with the DNM to finalise a Mining Contract for presentation to the Council of Ministers which is on target for receipt before the end of January, 2015. Baobab Resources Plc (AIM: BAO) ('Baobab' or the 'Company'), is pleased to announce that its Mining Concession overlying the Tete pig iron and ferro-vanadium project has been granted by the cadastre division of the NDM and has been assigned concession number 7055C. The Mining Concession is valid for a period of 25 years and renewable for a further 25 years. In parallel, the Company is working with the NDM to finalise a Mining Contract for presentation to the Council of Ministers. Baobab filed its Mining Title Application and submitted a Mining Contract for NDM review on 19 November, 2014. The Company continues to target receipt of its Mining Contract before the end of January, 2015.

Another big piece of the jigsaw , this is a very positive vote of confidence by Amed . Lack of news has forced some to sell and buy elsewhere I'm still in with 250000 shares and isn't giving them up happy to wait 2 years if need be we all know what's in the ground , once euro land comes out of recession and China/Indian start using steel which see commodities go higher then we will see the full potential of what Bao have , Dfs due next by end of December not long left could be out b4 Dec 19th .

Hopefully with lack of news last few months , test results are out maybe we will get a quick succession of more news DFS is now due this quarter elections in Moz potential partners being touted , we all know what Bao have in the ground is this the bottom and wave 3 is due? 2015 is looking good for a healthy profit for the long termers who have seen big profits dwindle ,Aim is having a hammering oil crashing and more uncertainty in euro land is not helping PIs ,

hope you right q4 is nearly here and no dfs news been a long wait but should be worth it

i emailed BJ yesterday no reply hasnt replied last 2 emails which is strange just asked when will dfs and test results be issued

Totally agree we are long over due news Dfs and test results Sp could rise quickly once news is released we all know what asset we have just have to wait bit longer strange BJ hasnt responded to emails pretty good in past

I cut and paste and put that comment in when I posted I realised his name was on bottom, those are my words "at least something is happening"

Did send a email last week to BJ no reply which is unusual email JD today had a reply within minutes not much in it We have a number of visitors on site this week but we should be in a position to give the market an update in the very near future. Thank you for your continued support. At least something is happening Jeremy

Big, another positive for region , news due soon, then the herd will return

Lol didnt get reply off BJ who normally replies with lack of news at moment sp is treading water

Mean NOT selling

Many of us could kick ourselves for selling in 30 p days , but this is derisking all the time , at moment not a day trader share but there is good news due , haven't been on board for a while too much cr@p being said for me im in with 35k and not selling for a loss will wait may take a year or two !

Im still in , had reply from JD last week , he is aware of PI concerns all he could say was nothing has changed and awaiting 3rd party signs off , this isn't a ramp im in long term and await a JV or production

sell 26p and buy 28p

300k sold dropped like a stone may be automatic sells , RNS isnt that bad , SP should recover later on

BAYFIELD ENERGY HOLDINGS PLC Results for the 6 months ended 30 June 2012 Bayfield Energy Holdings plc ("Bayfield", the "Company" or the "Group"), (Ticker Symbol: BEH), an upstream oil and gas exploration and production company with interests in Trinidad and South Africa, today announces its results for the six month period ended 30 June 2012. Highlights Financial · Revenue US$12.2million (30 June 2011 - US$11.2 million). · Net cash from operating activities US$13.2 million inflow (30 June 2011 - US$5.5 million outflow). · Exploration expenditure US$ 46.2 million (30 June 2011 - nil). · Field development expenditure US$13.3 million (30 June 2011 - US$ 6.5 million). · Dry hole costs written off US$ 21.9 million (30 June 2011 - nil). · Loss after tax US$15.1 million (30 June 2011 - US$1.6 million). Operational · Exit gross production at the end of June 2012 - 1,808 barrels of oil per day ("bopd"). · Average net production 851 bopd (30 June 2011 - 768 bopd). · Average realised oil price US$78.93/bbl (2011 US$ 79.15/bbl). · Two exploration wells (EG7 and EG8) completed. EG8 encountered hydrocarbons with additional assessed net development potential of 5.2 million barrels (mmbbls) and 44.9 billion standard cubic feet ( bcf) (gross 32 mmbbls and 69 bcf). EG7 did not encounter hydrocarbons in commercial quantities and was abandoned as a dry hole. Subsequent events · Average net production for the third quarter is approximately 1,300 bopd (gross 2,000 bopd). · Bayfield has secured substantially improved terms for the sale of its oil effective 1 August 2012 which will increase the current realised price by approximately US$27/bbl, based on current market prices. · The Rowan Gorilla III rig is not scheduled to be available before November 2012 and following its release by Niko it is expected that the rig will be assigned by Bayfield and Niko to a third party operator in Trinidad for a period of at least six months. As a consequence, Bayfield will have no further liability under the rig contract except in relation to any future wells to be drilled at its option. Prospects and outlook · Five development wells are expected to be completed in the Trintes field during the fourth quarter targeting net production in excess of 1,950 bopd (gross 3,000 bopd) by the end of the year. · The Company is evaluating a range of financing and strategic alternatives. Cost control and working capital optimization remain priorities. Executive Chairman, Finian O'Sullivan, commented: "Stabilised gross production in excess of 2,000 bopd and substantially better pricing for our oil provides improved cash flow and a solid foundation from which to fund grow

Fox davies- Bayfield Energy (BEH LN, 31p, ▲ 7.83%) Revises Oil Sales Contract: To Gain ~$22/bbl - The Company has switched benchmarking of crude oil production from Bayfield's field to Brent crude from WTI crude and also revised discount to 9.5% from 17.5% earlier. This is excellent news as it will increase realization by ~$22/bbl, which would be financial and valuation accretive. In this news: • Bayfield and the Trinidad state oil company, Petrotrin, have agreed revisions to the Crude Oil Sales Agreement governing the sale of Bayfield's share of production from the Trintes field, offshore Trinidad. • Bayfield first entered into a contract for the sale of its crude oil with Petrotrin in April 2009, which set the sales price at a 17.5% discount to the published price for West Texas Intermediate ("WTI") crude. • Under revised negotiations, Bayfield's crude will adopt Brent crude as the reference price and a revised discount of 9.5% for a minimum period of 12 months. The revised terms are effective from 1 August 2012. Read more: http://www.oilvoice.com/n/FoxDavies_Daily_Monitor_San_Leon_Energy_Kea_Petroleum_and_Tangiers_Petroleum/be1c3c534b80.aspx#ixzz27NYTlgri

Its more of a update , full RNS will come out Friday , dont think end of week will mean a poor RNS will have to wait and see

http://www.oilvoice.com/n/Bayfield_Energy_provides_updates_concerning_its_activities/54ca5b21d6c9.aspx

thanks for the tip Blad. at moment all my cash is tied up in shares BAO/ATC/LLoy/MTA/AMUR/ and BEH , got Magp and Char on radar , ATC done well today up 16% must be a RNS due , if BEH go above 50 I will take my profit lucky to get in at 15.5 with 80k of shares