Member Info for bigwod

buys coming through, will the company release a rns today to inform the market of possible bidders

buying ??

many buys in last 2 mins ??

Full takeover wanted, Entire issued share capital

RNS latest 17 January 2013 AFFERRO MINING INC. Media Speculation Regarding Possible Offer The Board of Afferro Mining Inc. ("Afferro", TSX-V & AIM: AFF) notes recent media speculation regarding the status of negotiations regarding a potential offer for the entire issued and to be issued share capital of the Company. The Company confirms that it remains in active discussions with all potential offerors from whom it has received approaches, including Jindal Steel and Power Limited. Whilst the Company has received approaches from a number of interested parties, there can be no certainty that a formal offer will be forthcoming. Shareholders are not presently advised or required to take any action. Further updates will be made as appropriate.

Great news.££

RUNTY HAS DIED,Tears tonight when the kids find out

BUY, bottom breached.

Would of liked them to say shareholders need not worry .and nationallistion would not apply to them but they seem quite happy to go along with what is going on it seems to me. Buy/Hold

17 April 2012 Andes Energia plc ("Andes" or "the Company") Proposal to Acquire 51% of YPF S.A. ("YPF") by the Argentinean Government Following the announcement made on Monday by the Argentinean Government of its decision to acquire 51% of the shares of YPF S.A., the Board of Andes Energia PLC (AIM:AEN; BCBA:AEN), the Latin American energy group, (the "Board") comments as follows: · Andes is prepared to continue to work with YPF in the same cooperative manner it has over the last 12 months; · The legislation drafted by the Argentinean Government provides that YPF will continue as a "sociedad anónima" or legal corporation, regulated by the Comision Nacional de Valores ("CNV"); · The proposed legislation encourages Joint Ventures and strategic alliances between YPF and other parties for exploration and production, with the mutually beneficial objective of satisfying the country's hydrocarbon needs and generating exportable stocks; The Board considers the Argentinean oil and gas market as one of the biggest opportunities in the world today; this is supported by the enormous interest shown by most of the major oil companies to invest in Argentina to develop conventional and unconventional resources. Neil Bleasdale, Chairman of Andes, commented: "The Board notes the Government's desire to increase Argentinean oil and gas production. We look forward to continuing working to achieve this goal. Overall we remain very optimistic over Argentina long term prospects."

good question. They have to pay something, but if they have no funds ,and the country is deep in debt ,then thats when it becomes nasty, so would not know what price they would pay for any actions they decide

yes a risk is involved here .Would like to see a rns on the companys thoughts on the devolpments in argentina

34.30 !!!

44.30 paid on the up

Moving back up , buyers returning,

BUY. OVERSOLD, had a look over the news and overdone cant see argentina goverment wanting a minnow like this at the moment ,they are chasing the big big boys Repsol,BP among others .

Stuart14 - 17 Apr'12 - 09:05 - 456 of 456 YPF are beingt punished because they focus too much effort /investment on international projects and not enough on domestic production / exploration. Argentina has the worlds 3rd largest Shale Reserves, and they are totally unexploited. Ironically I see this as positive for us. 1: YPF have been forced to give up some very nice domestic licences- are we after them? 2: YPF are being forced to invest a lot more on developing existing domestic projects. That should help us out.

RISK !!!!!!! shuell - 16 Apr'12 - 17:53 - 452 of 455 "YPF shares plummet in New York and Buenos Aires Shares of Argentina's biggest energy company YPF fell by 18% percent in Wall Street and was edging down by 2.5% percent at the Merval Buenos Aires stock when the market suspended the company’s shares quotation. Stocks plunged after president Cristina Fernández de Kirchner announced today the Government House was sending the Congress a Bill allowing the administration to expropiate 51% of YPF’s actions." What will this mean for shareholders? simonparker5 - 17 Apr'12 - 08:03 - 453 of 455 shuell it will mean a big unjustified fall in the share price as has been seen this morning. PUGUGLY - 17 Apr'12 - 08:22 - 454 of 455 Why unjustified - The Argies will probably nationalise (expropriate) our holdings so what value then - They have no money to pay realistic compensation. (imo & dyor) simonparker5 - 17 Apr'12 - 08:31 - 455 of 455 Pugugly this not just an oil and gas play. They have a large interest in power generation which is profitable. Shuell's post reports a 51% figure and even then compensation would have to paid as per international law. Don't get me wrong I not saying that this shouldn't have a negative effect on the price. I suppose what I shoul dhave said is that being a typical AIM stock this will be punished beyond the true reflection of the news. I would expect a good buying op in the low 30's.

Expect a rise tomorrow.

Thats why i posted this afternoon oversold when down 40%t the drop is totally unjustified and the mms know it Lago posted that his shares would be worth a further 50% less when consolidation takes place, how many others thought this an sold today. 75p would be the new price as now .so 93p is not a million miles away is it.