Member Info for columbo

i cant wait to see the back of des,been 1 disapointment after another,bring on the new era,

sorry my maths is wrong,for every des share you will recevie 0,62233 share,so thats a lot more than 3115 if you have 5k of des

the deal isnt done proper m8 until your des shares are replaced by fogl ones,then the sp will start to rise hopefully.

yes thats correct fella,but you will get less fogl shares as they are greater in value,so for your 5k,you will receive approx 3115 shares ie 0,6223 fogl share for 1 of your des shares.

i think youve more chance of sleeping with kelly brook than des hitting 100p today fella,ha ha

they had a referendum,99% of population on the falkland islands want to be under british rule,end of story,argentina can threaten all they like,it will get them absolutely nowere.

this is my opinion m8,i think the sp will be somewere inbetween say 23p or so when we merge,and your 10 grand in des will still be worth 10 grand in fogl,but of course you will get less shares than you have now,because fogl ones will be greater in value,now ive confused myself,ha ha

i cant wait for my des share certificate to be replaced by fogl,had a bellyfull of des in the past,cant wait for thr deal to finally go through.

that not all investors got the chance to vote,but the deal has gone through,im just waiting for my fogl shares now.

yes m8 i remember when des was a 500 million market cap company with no oil,just expectation makes the sp rise,lots to look forward to when the deal goes through.

hello m8,ive been wondering that myself,me personally,i dont think we will drop to much,theres quite a lot of expectation when this deal goes through,particularly with the future drilling campaign.

we are sort of in limbo until des share holders receive there fogl shares.

my mistake fella its 0.6233 shares for each des share and not 0.6633,but not much difference.

The next drilling campaign is expected to be fully funded from existing cash, the Farm-Out and other previously completed farm-out agreements. Overview of the Combination · Under the terms of the Combination, Scheme Shareholders will be entitled to receive 0.6233 FOGL Consideration Shares for each Desire Share. · Following the Combination becoming effective, FOGL Shareholders will own 60 per cent. of the Combined Group's issued share capital, with Desire Shareholders owning the remaining 40 per cent

fogl and des have merged m8,so for every des share you have,it will be replaced by 0.6633 fogl shares.

you should have been asked m8,i received mine in the post and sent it back,if the deal was agreed which it has been,if you hold your shares in certificate form,ur des will be replaced by fogl sometime early in dec if my memory serves me right.

i would think possibly the 3rd quarter of next year drilling may begin.

serves me right,des has drilled 5 well over the past 3 yrs or so and found nothing,now in effect we have another chance and been given a lifeline particularly those with high averages on here.

hello fella,now that fogl have taken over,i believe youve got more chance of getting youre investment back,des were going nowere on there own.but you may have to wait a while to get all of your 5k back,but as they say,you only lose when you sell.

was going no were until the recent intervention by fogl,least we have hope now.