Member Info for DanBrown83

20th October RNS

bout Dubai Bridge Investments LLC



Dubai Bridge Investments ("DBI") is a privately owned sector agnostic Dubai based investment vehicle - managing and deploying its own family wealth into ventures deemed feasible by the AI Zubair Family & Board. DBI, has direct and passive placements within its exclusively chosen markets with an emphasis on North America, Western Europe, Arabian Gulf and Africa. Investor's subsidiaries and co-family owned entities are of substantial presence and influence and operating within sovereign capacities.

OSA sounds like here the Al Zubair Family were certainly involved

not seen that SpikeyJ
looks like he knew at some point - probably after the interview
i need to listen to the presentation - re-hear the exact question and how he responded
sounds like he never said it was the royal family, so its just some random businessman (probably rented the house / family / rolls royce for a day just for the illusion) - this is sounding more like a Del Boy deal

just followed - i do have twitter but i don't use it except for googling new clients
I looked at AWGAL again today and the guy behind it - interesting read if i think its the same guy
their website is awful - just shambolic

research is key
you were correct - i believed you
made the point but OSA said he has been to their house, played with the Kids - total lie
TBH - why would the Royal Family let a tin pot CEO of a small company like ADME play with their kids

toldforthat - should of been checked out before entering into an agreement
OSA shouldn't be saying he has played with the kids, been to their house, sat in their Rolls Royce - he clearly lied on that investor call
Problem is trust - we know he has lied, why should we trust him
I invested here as i said on the future of AJE, basically because the long term plans of AJE are excellent in Phase 3
Barracuda i like the structure with us been operator but we are pumping in the cash - if we don't have the funds to do this contract, we could have real problems

The worst part is, its the outright lie he said in the investor call, he basically said the research Tresha had done was totally incorrect, he said the research on the 4 wells was incorrect - he has provided noting to say why he thinks Barracuda will work,

so all our googling research was correct - nothing to do with the Zubair Family
just looks a complete conman

Mr Al Zubair is not connected to the Al Zubair family in Oman and is a US citizen with business interests in the United Arab Emirates and the US. The Company has been advised that the use of the title His Excellency by Mr Al Zubair relates to social and cultural adoption rather than it having been awarded in connection with a senior governmental, or such other, position.

What a joke
So much for OSA been round the Families houses, played with the Kids
What an utter liar

Hi All
I know Spikey asked about my position, the main reason I took the punt to invest here earlier this year (and while i am still quite pessimistic over a lot of parts in ADME is on the future of AJE)
I am most interested currently on the AJE because of the PetroNor details in their presentation (its only 2 pages on AJE but it is well noting the future figures and some of the information in there (pg 29-30)
Just need to look at the production in 2026 - 2030 to understand the long term potential

https://petronorep.com/media/1834/20210311_pnor_company-presentation.pdf

Personally I'm not too fussed on the Marginal Field Bid
Oilbank are the lead and we are a technical partner
We are unsure if as a technical partner would even have to pay any cash towards the initial payment
Also, while if we did proceed on our marginal field with Oilbank, there is no near term revenue here (ADME really need cashflow) rather than another project that will require more upfront funding
I also think that with Barracuda - if it goes well this year (big IF) our small team would be quite pushed (too many projects and you lose focus)
AJE has Phase 2 hopefully progressing after the PetroNor / Panoro deal finalised

Thats what I didn't like about the last presentation, OSA was like don't google, trust me, but all we want is the facts - were not trying to catch him out, I have no issues who we partner with as we are the chief operator - if its an old UKOG License then that is perfectly fine as they have concentrated pretty much just on their UK Assets,
I just think the transaction is very clouded, i'm sure it will be due to tax efficiency or just keeping the accounts for each part of the business separate, but just best if he gave all information and elaborated on it, if its what i now think it is, its something like KOGL has a 70% Interest in the license , we have bought a controlling 51% stake for that license (so 35.7%) from them, we have set up KONH to act as the vehicle for the transaction
ADME has 35.7%
KOGL has 34.3%
NHEPL has 30%

ADME is operator so we put the money in but get paid our costs at a premium from the revenue before anyone else gets paid
If it was KOGL (part of UKOG) I would have expected an RNS via UKOG as well but their isn't one

K.O.N.H Limited are new - just created and are a subsidiary of Calabar Capital
The other owner of K.O.N.H UK Limited is 49% KOGL (look at slideshow) - 11min 30 seconds
https://us02web.zoom.us/rec/play/oj5Vv0crwQCno-yL_3_e-yksm9LmzWHp2Y4_bQqlpxBWyx521p4EONmCbW8tWC-HGG61ByItvzjleeen.BwLd1JaqxH8nOhl0?continueMode=true&_x_zm_rtaid=sYjTtBCmT7qvTo-zgPO9kg.1617264314065.931ce08fa74c586f283a216fdaa61a74&_x_zm_rhtaid=871

KOGL must of been the license holder we bought our 51% share from
we have created K.O.N.H Limited to specifically do this transaction

KOGL (only reference is Kimmeridge Oil and Gas Limited) which are now UKOG (234) Limited - which are still a subsidiary of UKOG PLC

So who did we buy the licence from and what involvement does Daniel Maling still have
the Only KOGL i can find any reference to is is Kimmeridge Oil & Gas Limited - which is a subsidiary of UKOG which Daniel Maling is involved with (previous director of UKOG(234) Limited
So is our partner on this UKOG?

Hi Spikey
It is because I value the potential in Phase 3 at AJE considerably higher than the current Market Value
It is why I am more concerned about the Panoro / PetroNor deal as this is a major step for Phase 2 initially and then phase 3 in due course

I like the way the Barracuda deal is structured as we are the Operator, which is where the money is, but i have major concerns on the chance of success here

So they were giving themselves shares in ADME? for what purpose?
Calabar Capital have just been set up by ADME directors so why should they be getting free shares via a 3rd party company - for doing their job as Directors?
smells very bad to me

The Company is not a chartered Accountant
Its a Company created by the Directors
Richard Carter and Osa are Directors along with Thato Mngomezulu, Tor Langoy, Perayya Karra are the Directors of K.O.N.H (UK) Limited
Daniel Maling is the Director of Calabar Capital - he was involved here before - he was part of Pathfinder Minerals / Cobra Resources - a number of small cap AIM's

I reckon we may get a number of TR1's if they are all related Directors buys

Tor Langoy is from BD Capital - https://energycouncil.com/articles/tor-langoy-managing-director-bd-global-capital/
Perayya Karra was part of the board at Hardy Oil and Gas

looks like a lot of strong buying today
Shows sentiment is key - and OSA buying provides positive sentiment

OSA bought some more

Good news on the completion
Hopefully we can see the CPR report or it can be uploaded to the ADME website

New CPR Report or Marginal Field Update
Both due shortly - looking forward to the CPR Report and hopefully providing some technical data that the Chance of Success is high