Member Info for CF73

If overhang done, this will pop soon. Good luck all!

...

MMs now looking for shares.

Placees can only sell Placing shares below what they paid for them if the bulk of those Placing shares have been sold above Placing price and they are guaranteed overall to get in fair profit. It's usually done when there aren'y huge amount left. Once those remaining shares are done with - i.e. the overhang is gone - the SP returns to normal (i.e. reflecting the true buy and sell price) . And as described, it seems that the SP has dropped to reflect the actual price and that last purchase of 50, 000 falls in with this. Here's hoping that those Placing shares are done with (I think they may well be)...

LOL Johhnny is being an intentional bell.

Market Cap of only �20million and yet we're talking to GE and CMEC, with partners proposed to lead the debt financing and, so far, for us to retain 40% of a project expected to have annual revenue of upwards of $300million. Looking at the recent deal GE did with at Lamu, in Kenya, that would mean a value for us of between �150million to �200million+ once the deal is concluded...and we're nearly there...

Johnny, it's there in the RNS, he meks his money on the oil..

My theory Laxey is that we are being watched by a lot of folk. They want in but are trying to time it right, and so are not wanting to put any forward momentum into the stock (by posting, ramping) otherwise it'll run away from em. That said, this board has been one of the sound on LSE. No Rampy-ness, no bashers. Good luck all!

'The Herd' has yet to arrive but at the least 'the Crowd' has :D

Agreed Zibs. It's a stonking deal. It shows how FRR can also progress from here. Great value and promising future from here :-)

Don't think many were expecting that this morning. Deal shows there are options on the table that, from here, won't unnecessarily dilute the hell out of holders and that Zaza is able to cut the deals. Deal on just the one well and so enables FRR to see how it goes before future situations Just took a position. Been waiting for some time find the right moment. This news with the SP still below 0.5p was it.

Possible that Placing shares entering market and being offered at below mid-price. Bargain basement, won't be here for ever.

Not a LTH here myself Splatted but has been watch list without fail for three or four years. Just wasn't ready to get in. Been watching and researching throughout and then bought in last year. Steven, absolutely. Not long to go. Very confident we'll get the right news and very soon. When I spoke to the company (spoke to Hanno himself), he said everything continued to point to an end of month conclusion and that they'd tell us - didn't seem concerned one bit, as if already sorted. Evsta, good to have you on board. Me too, I let em off as long as, to use Bob Geldoff's words, they give us the f#ck%ng money ;-) Good luck all!!!

Respect to the LTHs, sticking with this. If an RNS landed tomorrow morning guys, I would love it!

Brilliant Laxey :-) We need you to do us a poster, ready for tomorrow! :D

BarnstaplePeter, liquidators would be brought in if we had debt and were being forced to sell to pay off creditors. The one ironic benefit of all this dilution is that there is no debt pushing us to administration. It's why GR can afford to let the process of discussions and waiting on NIEEF take its course (though can't wait forever naturally).

Yup!! Sumnatts gotta give.

I wonder if some of those shares will be from recent placements/share issues, so being flipped?? Perhaps even arranged to go elsewhere?? BWTFDIK!

Looking good. 'Everything pointing to' Financial Model review and sign-off end of month, and on track, with market to be notified. Should be a strong finish to the day if not the week.

The more I read about GE the more I see a company that really needs this global strategy of investing in emerging energy markets to come off. Its a massive market - HUGE - but it does require making things - like Coal2Power projects - happen. A lot of these initiatives have been in the pipeline for years. GE has entered the fray. As shown by their unsolicited approach to NCCL, they are moving in and forcibly creating opportunities - especially through their ability to mobilise finance, tech, infrastructure, expertise - where programmes had for many years been at standstill. There's major return on investment to be made in developing world/emerging markets. The recent Lamu stake acquisition shows GE's has made their strategy more visible. This is where they are headed, including with the likes of NCCL. Below article from almost exactly a year ago shows how GE have been on it, working towards programmes too difficult for most others but, by working with the Chinese, have manufactured opportunities where it would havebeen difficult for others); -------------------------------------------------- http://www.scmp.com/business/companies/article/2095009/ge-sees-new-silk-road-stroke-luck-its-business "The US industrial giant is partnering with Chinese peers to optimise resources to develop opportunities that would be complex due to the economic and political risks involved" [...] "GE has found partners in Chines state firms in areas that the company plans to initially focus on � power supply projects: providing equipment, technologies, advisory services and financing to support the constructions of electric power generating facilities and distribution systems." "With the state-owned Power Construction Corporation of China, GE is looking at building power plants and grids in African nations such as Nigeria and Kenya." --------------------------------------------------