Member Info for Cliveas

Had to go to NG trade! but my buy at 1.395 ticked the ask up to 1.45! MM are short imo. All slowly coming together.

3. Withdrawal of cautionary announcement As the pro forma financial information has been disclosed, shareholders are advised that they are no longer required to exercise caution when dealing in the Company's securities. Johannesburg 5 December 2013 Sorry figures will not copy and paste.

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT 1. Introduction Shareholders are referred to the announcement dated 12 September 2013 containing details of the conversion of the Gairloch debt to equity (the "Specific Issue") and the capital raising of up to R570 million by way of a renounceable rights offer (the "Rights Offer") (collectively the "Transactions"). Shareholders are further referred to the announcement dated 25 October 2013 relating to the renewal of cautionary announcement. The pro forma financial effects of the Specific Issue and Rights Offer disclosed in the circular posted to shareholders on 7 November 2013 (the "Circular") were based on SacOil's published annual financial results for the year ended 28 February 2013. On 22 November 2013, SacOil published its reviewed interim results for the six months ended 31 August 2013 ("Interim Results"). As required by the JSE Limited Listings Requirements, the Company has updated the unaudited pro forma financial information relating to the Transactions. 2. Pro forma financial information relating to the Transactions The unaudited pro forma financial effects of the Transactions on SacOil's earnings per share ("EPS"), headline earnings per share ("HEPS"), net asset value per share ("NAV") and tangible net asset value per share ("TNAV") are set out below. The unaudited pro forma financial information is presented for illustrative purposes only, and, because of its nature, may not fairly present SacOil's financial position, changes in equity, and results of operations or cash flows. Thepro forma financial information is the responsibility of the Board of Directors.

Withdrawal of cautionary

Remember only 357m in freefloat parent company hold the rest and they're are happy to fund until profitability. Look at the 3rd quarter figures : Key Features · Order intake: - Quarter increased 122% to £2.57 million (Q3 2012: £1.16 million). - Year to date increased 282% to £14.60 million (Q3 2012: £3.82 million). · Revenue: - Quarter increased 46% to £5.17 million (Q3 2012: £3.56 million). - Year to date increased 18% to £14.24 million (Q3 2012: £12.12 million). · Gross profit: - Quarter increased 64% to £1.87 million (Q3 2012: £1.14 million), at a margin of 36% (Q3 2012: 32%). - Year to date increased 43% to £4.70 million (Q3 2012: £3.27 million), at margin of 33% (Q3 2012: 27%). · Cost management - overhead expense: - Quarter reduced by 29% to £2.05 million (Q3 2012: £2.88 million), with headcount at 30 September 2013 at 155, down 21% (40 heads) since 30 September 2012. - Year to date reduced 24% to £6.31 million (Q3 2012: £8.33 million). · Net loss: - Quarter reduced by 87% to £0.21 million (Q3 2012: £1.67 million). - Year to date reduced by 75% to £1.30 million (Q3 2012: £5.21 million). · Cash outflow from operating activities: - Quarter reduced by 39% to £0.57 million (Q3 2012: £0.93 million). - Year to date reduced by 45% to £3.01 million (Q3 2012: £5.45 million). Ramp over LOL!

@ 0.545 This will move fast as soon as sentiment changes!

At 0.531 are buys spread to put off pi,s in my view.

Provided via loan so no dilution! On the verge of profitability and 89% not on openmarket just needs some pi buying pressure and off we go.. Await next contract news and may add if stays low.

For the chartists : 22-Nov-13 1.7 ▲ Fri SAC London 22-Nov-13 1.7 Bull Chikou Span Cross Strong " " Bull Kumo Breakout " " Bull Kijun Sen Cross Weak 29-Oct-13 1.6 Bear Tenkan/Kijun Cross Strong " " Bear Senkou Span Cross

Buys 20k worth in open market! Very nice and a signal as to where this share price is going!

Quiet here today results out tomorrow so interest should return with some coverage over the weekend. Notice one impatient punter lost £400 in a couple of hours LOL! Not sure if results out 1st thing but I will have to catch up tomorrow pm as out early damn. GL

Looking positive here! results out 22/11 will I have time to top up?

I think are buys best bid price prior to tick up was 1.43.

Going through buy or sells?

Caught with their pants down I hope! Results on FRI and basically we have been told what is in them re eps!

out on 22nd not long to wait LOL!

More at 1.64 now tucked away! ask slightly less so maybe a sell order in background! Anyway with eps in the RNS this will move up in due course!

But level 2 not budged yet! 1 v 2 1.4 v 1.65 2 mm on 1.65 then 2 mm @ 1.85 Off the radar big time!

at 1.644 when this sinks in the trend should reverse! GL.

OK, we have 6 weeks left before the rug is pulled and Cetus walk away with minimum damage leaving us PI's high and dry so what can be done? I am aware that Woburn was approached last year by a company wishing to reverse assets into an AIM shell. Their intention was to make an offer to Cetus for their shares or a substantial majority of their holding in WBN but the approach was rebuffed out of hand by the Directors. I have had a conversation with a lawyer who advises that there is the possibility that, having not even considered this option, then the Directors may have acted against the interests of the minority shareholders. Certainly, to close down the company with the excuse that there are no deals out there is plainly ludicrous. I have previously suggested that the PI's get together to take legal action against the Directors of WBN and have therefore set up an email account for anyone interested in joining with me. I'm afraid, however, that we would need legal opinion before we go ahead and I therefore suggest that anyone wishing to join an action group would have to make a modest contribution towards legal costs. The amount would, of course, be dictated by the number of people wishing to part with a modest sum and the cost of the advice. If anyone is interested then please contact me at woburnenergy@gmail.com and I will get the ball rolling. Spread the word to other Bulletin Boards if you are active elsewhere and let's bowl them a few bouncers.