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· YOLO currently owns 41.43% of Magic Media Works Ltd, which trades as Electric Jukebox · Major retail launch in USA and UK, to addressable market of 34 million and 8 million homes respectively · Major distribution and channel partners in place ready for launch · Licensing agreements with the world's major record labels with tens of millions of tracks available
Share Board quiet today as people wait for more updates some interesting discussion on other share board when trading resumes then this may be a busier share board
after this rns ,could not understand why some were selling US$10m Revolving Prepayment Facility + Offtake Mon, 14th Aug 2017 07:00 RNS Number : 8497N Sirius Petroleum PLC 14 August 2017 14 August 2017 Sirius Petroleum plc (the "Company" or "Sirius ") US$10 million Revolving Pre-payment Facility & Offtake Agreement Signed with BP Oil International Ltd ("BP") Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that following completion of technical due diligence on the Ororo field, the Company has entered into a US$10m revolving pre-payment facility ("Pre-payment Agreement" or "Agreement") and commercial offtake agreement ("Offtake Agreement") in respect to the sales of the crude produced from the Ororo Field, with BP Oil International, a subsidiary of BP (LSE: BP). The Agreement provides for the Company to draw down up to US$10 million, in pre-payment finance following commencement of production from the Ororo Field. The interest rate on any pre-payment amount drawn down will be charged at Libor + 9% per annum and will be repaid from crude oil sales. Under the Agreement, Sirius can request that BP provides pre-payment finance for either or both of the first two cargos of crude oil, each for up to US$10 million, scheduled to be lifted in 500,000 barrel parcels or more. The prepayment facility will be conditional upon the Ororo field achieving certain daily production levels, which are lower than the flow rates previously achieved by Chevron on Ororo 1, which have been underpinned by the recent Competent Persons Report ("CPR"). BP Oil International Limited operates as a subsidiary of BP Plc, a multinational oil and gas company and is one of the world's seven oil and gas supermajors. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy interests in biofuels and wind power. As of 31 December 2016, BP had operations in 72 countries worldwide, produced around 3.3 million barrels per day of oil equivalent, and had total proved reserves of 17.81 billion barrels of oil equivalent. Bobo Kuti, CEO of Sirius, commented: "The revolving prepayment facility and offtake agreement with BP supports the multi-well campaign on the Ororo field. It underpins our strategy to develop Ororo along with our world class oilfield service partners COSL, Schlumberger, and Add Energy. In addition, the relationship with BP will enhance our development programmes in Nigeria going forward."
Longside after todays rns looks like the posters that posted suspension may be seen have called it right
alongfortheride I might have to wait a while longer now for a buy quote also may have to pay a higher price for my next share buy ,atb
now have seen rns not surprised to see this update read posts on other share board recently where some posted may see a suspension hoping the patient holders may now see a nice share price rise when trading resumes
8,000,000 shares traded today already is more news due again soon after Todays share price movement will news be seen soon
stop losses may have been taken out ,some sells as low as 1,05 moving back up nicely now were, and are orders being filled
are orders being filled ,were stop losses taken out to get more shares interested in views from more experienced investors why nt now to buy after the drop with share price
CAN any one get a buy quote
still unable to get buy quote would have thought Mms would of had plenty of shares
NOW NT TO BUY
ask quote now slightly higher again will a move back up be seen again if more of sellers cleared
Some buyers loading up at this low share price
Piltick ,Thanks maybe see a rns soon
uhif ,thanks for posting unable to find the Xiang Rui Kou has any one been able to see it this morning looking at this link
volume of shares being traded today only around 12,000,000 even with the 1,2 million share buy and 1 million share buy people may be watching for news on rig or next news ,
interesting to see the size of some of the buys today 1million share buy the 1,2 million share buy some of these larger buyers look to be liking this share price at this level
news may be seen at any time then hopefully the patient may benefit watching for update on rig
jokerstash as more read Todays rns and with the number of sellers cleared and replaced with buyers like the potential for a nice move up with share price