The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
nice to see spread has tightend up. hope stay that way. now waiting for next RNS saying £11+mill compo award has now been received in full. as stated befor=30% of mkt cap.IMHO that should put atleast 1/1.5p on sp alone. as they say all good things etc etc. LOL all
good afternoon to you.see bid / ask bouncing around today. just made £600 on solg after cost;s bought 40k shares at 5p sold at 7p, tossup between here and frr. frr won toped up with 110k,as expecting rns about gas sail soon. hope to make good profit and put in here . hows your fogl doing ?.am staying in untill next drill.
morning to you mate. see we down a bit today,bit of profit taking.see you got nice size holding in here. hope to topup myself when founds allow. think qfi could be good for long term investment, still waiting for those shipping trials to come out. keep eye on hzm towards end of year/early next. LOL in your investments. like you have so maney times waiting for that bit more rise in sp on shares , go make cup of tea come back to see drop in sp. as you say live and learn. hope we all make good money again when economy picks up.
hi mate. just got in, hate these continental shifts. nice to see another blue day, and high volume again. hope BOR comes good for you. am in fogl as well got £2k worth at 64 on the drop, so all ready in profit. just hope they have found oil/condensate. waiting for frr to come good so can topeslice and buy more agta. though we might get retrace around 6p as those bought below 4p would be looking 50% + profit. think agta sp will be much higher towards drilltime. allways looking for longterm investments 5 years+ with grait potential, so can retire early. in bmr, vog,qfi, wsg,val.aneyway good luck to you and all in here.
now that is nice to see after s--t day in work,BLUE again, think thats 3 out of the last 4 trading days. few % much better than big spike then big drop.legend wont be long for your 7.5p at this rate. hope this stay above 5p as the new support level
with £11+mill coming our way, of compo award, that alone should push sp over 5p.and give agta re-rating, hope not to long to waight.waiting for frr to kick of so can topslice and put profits in here .like to get up to 100.000. peanuts for sum, but good enough for me.tryed to do more research on tullow web site but not much more than allready posted.think we are well under the radar for time being, hope that will change soon. good luck to all.
i see buys outway sells 3-1, at least its blue today. as there main business is farming its not on anybodys watch list at moment , boring sector.however hope thats going to change. think agta hold 20% of this drill programme is that they farm on the land covering the drill site hence the 20% holding. hope that helps.getting ready for 12 hour nightshift. bummer, good luck in your investments
The Company and its joint operating partners on the South Omo Block have substantially completed a 1,046 kilometer 2D seismic program in the western portion of the South Omo Block. A number of interesting prospects and leads have been identified and some infill seismic data has already been acquired to mature leads into drillable prospects. The Company and its partners have selected Sabisa-1 as the first drilling location in the South Omo Block. Civil works associated with the Sabisa-1 location have recently commenced, and the Company and its partners are in the final stages of rig contract negotiations with spud of Sabisa-1 expected late in the fourth quarter of 2012. The seismic acquired to date and drilling of Sabisa-1 will satisfy the remaining work obligations for the initial exploration period which expires in January 2013. An additional 500 kilometers of 2D seismic is planned for the eastern portion of the South Omo Block (Chew B'hir Sub-Basin) beginning in late 2012. Ogaden Blocks 7/8 The Company and its partners continue their focus on the El Kuran oil accumulation in Block 8, discovered in the early 1970's. After completing reservoir characterization studies, the Company focused efforts on testing and completion strategies for producing commercial quantities of oil and gas. During the second quarter of 2012, the Company received and began evaluating tenders for drilling and third party services for a proposed well in the El Kuran field. The Company also received formal approval for a one year extension of the initial exploration period to July 2013. The Company recently announced plans to farmout 25% of its 55% working interest and operatorship to New Age. Completion of the farmout is subject to government approval. Adigala Block As part of work obligations for the second exploration period which expires July 2013, the Company and its partner worked during the second quarter to incorporate newly acquired FTG gravity data with seismic data to improve the subsurface interpretation of the block. The Company also integrated results of recent surface geological studies and began reprocessing data acquired in 2009 with the goal of improving the
possible multtybagger if they do hit oil.dont think you missing aneything mate, mm,s keeping sp down,as have notice quiet a few 1 mil buys going throu over last week. so somebody loading up. think sp will bounce around 4.50/4.85 for time being.hope start moving oct/nov befor spud. happy to wait though see wot happens then.tullow oil have pritty good strike , 2.7bboil thats a lot of oil.just a hint of the black gold will send this sp sky bound.if not then you know wot can happen.but thats the chance you take,lets all hope all comes good, as usop did.
Subscribe Click here if you would like to receive regular news updates Acknowledgment of £11,372,682 Compensation Award RNS Number : 0645E Agriterra Ltd 25 May 2012  Agriterra Ltd / Ticker: AGTA / Index: AIM / Sector: Agriculture 25 May 2012 Agriterra Ltd ('Agriterra' or 'the Company') Acknowledgment of £11,372,682 Compensation Award to Agriterra Agriterra Ltd, the AIM listed pan African agricultural company, is pleased to announce that following its instigation of international arbitration proceedings, the Ministry of Petroleum and Mining of the Republic of South Sudan ('the MPM') has acknowledged in writing the Company's entitlement to receive a compensation payment, as assessed by the country's National Petroleum Commission ('NPC'), of £11,372,682 ('the Compensation'). In the same communication, the MPM acknowledged that compensation should have been paid much earlier and has confirmed that it will be paid to the Company within one year. The Compensation is acknowledged as being partial recompense for the work undertaken and the substantial investment made by the Company on the Block Ba oil concession area in Southern Sudan, during its previous incarnation as White Nile Limited ('White Nile'), an oil and gas exploration company. White Nile commenced exploration work on Block Ba in 2005 and continued exploratory activities prior to the NPC's decision to prohibit exploration work in the area, in June 2007. Whilst this recent communication from the MPM is a positive development in the Company's efforts to achieve a resolution to this long running matter, and arises from the Board's initiation of international arbitration proceedings, the Company has now called for a meeting with the relevant authorities in the Republic of South Sudan in an effort to expedite payment of the Compensation. The Company also retains, as a legacy asset, a 20% interest in the South Omo block in Ethiopia, which London listed Tullow Oil plc ('Tullow') and Africa Oil Corp have farmed into the development of. Initial results announced by Tullow following drilling in Block 10BB in Kenya, which houses the same petroleum system as South Omo, have been highly positive, increasing the prospectivity of the South Omo Block. Should a discovery be made on the South Omo block, Agriterra's 20% interest could prove to be significant for the Company's shareholders and Agriterra looks forward to future announcements from Tullow regarding this concession. Agriterra CEO Andrew Groves said, "Our legacy oil assets are continuing to look extremely promising, with the South Omo block prominent in Tullow and Africa Oil east African exploration plans. An £11 million cash payment from the South Sudanese, represents approximately 30% of our current market capitalisation and further enhances our already strong balance sheet on a non dilutive basis." ** ENDS **