The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Wressle Update: Planning Meeting Announced Upland Resources Limited., the oil and gas company actively building a portfolio of attractive upstream assets, notes that the North Lincolnshire County Council's Planning Committee will meet at 2pm on Monday the 3rd of July 2017 to review the planning application for the Wressle Development. The meeting will be held at the North Lincolnshire Council Civic Centre in S****horpe. As Operator of UK onshore petroleum exploration and development licences ("PEDLs") 180 and 182, Egdon Resources ("Egdon") submitted a new Planning Application for the Wressle Field Development to the North Lincolnshire Council ("the Council") on 28 April 2017. As noted in Egdon's announcement this morning, this new application includes additional detailed information to address the specific concerns raised by the Council in its 11 January 2017 decision to refuse the original application. The new application has received a recommendation for approval from North Lincolnshire County Council's Planning Department. Upland's wholly-owned subsidiary, Upland Resources (UK Onshore) Limited ("Upland UK"), entered into a conditional agreement dated 24 November 2016 for the farm-in by Upland UK (by way of assignment from Europa Oil & Gas Limited) to a 10% interest in each of PEDLs 180 and 182, including the Wressle Field development (the "Wressle Farm-in Agreement"). Completion of the Wressle Farm-in Agreement is conditional on receipt of certain planning and other approvals which may be waived at Upland's discretion.
Hopefully a good day today, some news later this afternoon and we can start to re rate
Thank you for the link, that would explain the large trades and volume on Friday. Massive week ahead ...
Look at them delayed buys... someone accumulating a significant amount
Pembridge Resources plc (LON: PERE), the AIM listed natural resource exploration and development company, announces that Shard Capital Partners LLP has stepped down as Joint broker to the Company by mutual consent.
BP news is coming BP offtake and pre-payment facility On 12 June the Company announced that it was in discussions with BP regarding an offtake and pre-payment facility to support the financing of the Company's proposed drilling programme on the Ororo Field. The Board intends to make a further announcement on this project in the near future.
61k buy just appeared (6 million shares)
To me it reads as the deal is likely to happen/done. It doesn't have this part under the BP section which was added when we got the speeding ticket ------------Discussions with BP, and other parties regarding financing, are ongoing and there can be no certainty that Sirius will reach .... this is not included today
BP news soon ------------BP offtake and pre-payment facility On 12 June the Company announced that it was in discussions with BP regarding an offtake and pre-payment facility to support the financing of the Company's proposed drilling programme on the Ororo Field. The Board intends to make a further announcement on this project in the near future.
Buys showing as sells - just added 100,000 @ 1.02 The 1 million trades and 500,000 are buys .. volume is increasing, the size of these trades add a tad more confidence:-)
Just seen :-)
Share buys ! Nice !
Tick up coming, another day closer to news
I reckon we will be back up and running 2nd/3rd week of July. First day SP Close.. hard to say , I reckon it would be a huge rise as we would have funds in place and first asset news.. could be more than 1 asset news ..looking at the pipeline snapshot
Pembridge Resources, the AIM market and a standard listing - part 2 Tuesday, 27 June 2017, 10:48 am Pembridge Resources is pressing ahead with its standard listing move and little old Betaville understands the bookbuilding process has already started. That's bad news for AIM, which has seen the number of companies listed on the junior market decline over the last decade. According to the London Stock Exchange's website there were 1694 companies listed on AIM in 2007 and that has fallen almost every year since then. So, what's behind the decline in AIM listings? Well, there are several reasons, including the rise of other type funding methods, such as crowdfunding. Pembridge Resources, though, is opting for main listing because AIM’s deadlines meant it could be forced to overpay for a reverse takeover or suspended if it failed to raise £6m in the short time frame allowed under the Rule 8 investment company guidelines. And the mining investment vehicle, run by former Cross Asset Management founder David Linsley, is unlikely to be the last tiddler to opt for the main market. Legal sources have told little old Betaville that the UK Listing Authority may ditch EU regulations stipulating that any company can list on the main market as long as it has £750,000 of shares in free float after Brexit in 2019... ..
Great start, all buys
Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, notes the recent press speculation and can confirm it is currently in discussions with BP regarding an offtake and pre-payment facility to support the financing of the Company's proposed drilling programme on the Ororo Field in Nigeria. Discussions with BP, and other parties regarding financing, are ongoing and there can be no certainty that Sirius will reach an agreement with BP regarding the proposed offtake and pre-payment. The Company will provide updates to the market as appropriate.
Another day closer to news, expecting another strong volume day as people take positions
Reckon we will open strong in the morning
12 minutes to get in !!