Member Info for Bladderman

W ehave the foot in the door into Mexico's substantial hydrocarbon resource. Estimating up to 100billion barrels not million. We have forged valuable partners ships with indigenous operators and held discussions with Pemex who produced 2.49million yes million barrels of oil per day in April this year and stand to keep 30 to 40 producing licenses. With Geo on board we are truely becoming established in Mexico's O&G frontier

*VWAP

VMP is 2.63

Stubbsy's at work. Bet he'll be gutted he missed these buying opportunites the last 30 minutes or so

MM switch. Next one at 2.7 what ever that means :)

Just paid

350k of buys in 4 minutes :) Great summary Bel

Manipulation mate.. 2 to 1 :)

2.44 paid again

The way it was walked down was criminal. The sell off becomes infectious is the trouble. Massive support around 2.25. Trading pre-news levels would you believe :) Buys appear red though not for long as about 2.4p to buy

Lovely blue

Tried to get 2.25. Had to settle for 2.35p. 2 to 1 :)

''This is in line with Astar's strategy to explore investment opportunities in Mexico's energy sector, which is being reopened to private companies to attract greater foreign investment and expertise with which to develop its substantial hydrocarbon reserves''. And guess what we're now tied in Geo...happy days

A sea of blue..May as well let it go

At full ask - MM's will start moving this up. The chart told us 2.2p the major support now we bounce off and away

Blue

cheap shares to sell back why won't thet let me buy!!

MM switch 3 to 1 next one at 2.4 :)

Is why: If you read the RNS carefully as many folks have done on here; the initial cash required is for any costs associated for due diligence/ licencing fees , etc on the first deal. As the company has £650k in the bank and a further £650k liquid assets that can be converted into cash in maximum 14 days; it has sufficient cash for start-up costs for the first concession granted to it and its JV partner. Once the concession is granted; they will need to raise some cash to get the project up and running. However; we are still some way away from this as until the legislation is approved by Parliament; no foreign company will be granted a concession as I understand it. Approval of legislation is now delayed from 25th June to 15th July 2014 as per a previous post from chasndave earlier tonight. ATB

Back again I see. Well I've put my money where my mouth is and bought at 2.6p this morning. At £1.5Mish valuation of our Mexican position I think there's plenty in the tank from here Im afraid. Why are you pushing the same point which was answered last night by MY21, Biggib and myself. If you're still not invested why are you here. Bet you would love a low 2p... now there's wishing