the no news news for months is becuase of deals being finalisied IMO. Principle owning 25%, could well be seeing Meyerson Jnr and Snr unravel a RTO shortly.
Plenty of upside in this one. Not many shares in free float.
- Change of offices to where Principle are also based.
- Myerson connection
- Myerson Snr 3 year ban ending
- Teelinb selling the 35M off market to our mystery buyer who has now turned into the mystery seller of this very stock at a huge loss(again makes no sense)
- Huge tax losses a big attraction.
- Cost cutting measures implemented
- Announcement of a deal for shipment of oils with possible major growth potential after sorting a loan out also to increase supplies
- NEOs has the licence rights to over 1/2 billion acres !!
This is going into the pennies for sure.
from advfn...
"This is worth considering:-
A third of the company's issued share capital was traded on Friday and yet Principle own 25% and Teeling 10%. 35M shares have been sold since the first week in May by HSBC nominees and there's been not one holding RNS to show someone has purchased.
News is due across many fronts and I am of the belief the 101m losses will be the huge carrot as that alone is worth circa 21m in tax saving liabilities. The news blackout I believe (IMO) is due to deals being finalised and with Principle owning 25% and be instrumental with agreeing the Silex agreement and renting the office space, I also believe Meyerson Jnr and Snr will unravel a RTO shortly!
Happy to wait and preferably be proved right.
A company with a MC of under 1M VS its potential value could see significant volatility, especially when a company in the same sector can make savings 20X the current market cap!!!! "
I will a just add that this is ISA'able from tomorrow like all AIM shares. Might just do that to get every penny of my profit !! and not to the taxman.
Not necessarily it be Monday, But it will be this week most likely., Chris said days, so not "weeks" or "months", so that's less than 13 days ( 1 week and 6 days) otherwise it equals week(s)
But lets hope its Monday anyway.
opened... there were some 111 and other codes yesterday, leads me to believe RNS is on its way.
Chris R, has pretty much confirmed this.
Please ring yourself if you need self assurance.
-2.7m finance facility agreed.
-101m of tax losses that can be used by another company to offset tax liabilities to the value/tune of around 22m GBP.
-Streamlining of the business and cash burn reductions by the Board and the Global Supply Agreement for UCO and the access to 543,000 acres of farmland for Biofuels.
- Change of offices to where Principle are also based.
- Myerson connection
- Myerson Snr 3 year ban ended
all ready for take off
Black Gold is an oily with contacts...saw that post on advfn..
original tweet:
Black Gold ‏@Oil_Falklands Protected account 32m
BUY NEOS RESOURCES NOW - DONT MISS OUT
we going to see Myerson SNR rejoining the board.
Lot of work has been going on the backgroubnd with offies in geneva and cost cuttings. Tax offset, acearge aquired I'm thinking RTO is a good possibility.
10p is not an unrealistic short term target if that happens.
more trades and it be in .5 region ready for the news next week.
Not many shares in issue, I can imagine this to go balistic when news is out and everyone scrambling to get in with so many few shares.
Has there been 72 trades today?
Becasue thats what it says on L2. Are there going to be more hidden trades to show up after hours?
I be keeping my eyes on the after hours big buy trades I think.