Member Info for djframboise

like larryh, I am (have) taking up the 50% offer. That is a drop in the ocean compared with my overall losses but would rather gamble on something sometime materialising from the remainder. Given I had effectively written off the whole ammount, the 50% is a bonus and any future possibility even more so. Let's hope global zinc prices go through the roof!

I don't find anything else online except the document on the Zincox site. I find their explanation a bit strange and can only assume they would like to get some of their share of the cash available too and this was a method to achieve that. The feel of the document is that they still see a future for ZOX and the cash doesn't really play a part in that which I also find odd as they talk about needing to find a significantly higher amount to fund new projects. I am minded to accept the offer for 50% and hold the rest on the off-chance that one day they come good. I did also buy a lump via CFD which wasn't my smartest moment. They continue to sit there with 0 value.

Had written this off ages ago. Doubled up just before the death so potentially good news. Anyone found any more info?

No sign of slowing yet.

That's about how much I have left in my trading account but it wasn't me...

Yep, 110 hit. I doubled my holding last month and will now hold for the longer run.

I doubled my (not so big) holing last week. Going to fun to watch, this one.

...didn't last long. Was hoping for a bit more of a bounce but sp dropped right back again today. Disappointing..

Am happy with my holding and in wait and see mode. This has been bouncing up and down over the last few weeks and I for one am not holding my breath. Fingers crossed though. GLA

Will be issuing results next Thursday also.

Wow. Superb bounce following the RNS. Back in profit for the first time in years on this one. Where's it going to head now?

Yep, impressive recovery from today's lows.

Also a long-term hold with decent dividend for me. Brokers all pretty positive today and not stressed about the drop today.

Not quite accurate I think. They do have a shortage but wash and re-use bottles which are different from the UK ones. They are requesting people return their bottles sooner. I have a stock but these will have to wait until my next trip to Germany end of August. Hefeweissen rocks!

Not bad. Some profit-taking but hopefully onwards. Peel Hunt have 170 target but won't hang out for that.

Why no RNS for this? Reads pretty positively but how will the markets react today? In line with previous guidance and expansion plans continuing. Should see a decent bounce but doesn't always go the way you expect.

Whoops! Not well received. Will we get a recovery later todaY?

OK statement, could go either way on this?

Similar for me NtM, my initial buy price close to 22 but have added and old at various points since and overall am breaking even. Don't have a target on this one but unlike many on AIM, this is a real business and will add again if the price is right. Not sure we'll see 22 again let alone 33 or 44 but would be great if we did. Good luck.

Have this RNS on IG but not showing here (as are none of the other companies either).

RNS Number : 5289S
Nu-Oil and Gas PLC
26 June 2018

26 June 2018
Nu-Oil and Gas plc
("Nu-Oil" or "the Company")
Operational and Strategic Update Statement from the Chairman of the Company
Nu-Oil announces the following operational and strategic update from its
Executive Chairman, Alan Minty as follows:
"It has been 3 months since my last Chairman's Statement, which accompanied
the Company's interim Financial Statements, and I would like to take this
opportunity to update the market with respect to the progress we have made and
reiterate our strategic goals. We are also aware of certain rumours currently
circulating on bulletin boards, which we hope this statement will dispel.
Nu-Oil's strategy is to generate value from marginal field activities in two
'domains'; in both cases we target low-risk, undervalued projects that can be
transformed by changing the economics. The first domain is the offshore
sector where we target discoveries with proven reserves and preferably
producing assets, to reduce capital and subsurface risks. We pursue this
through our investment in MFDevCo, in which both Nu-Oil and RMRI Ltd, a
company controlled by myself, hold a 50% interest, which has engineering,
subsurface and operational experience, supplemented by Nu-Oil's specific
capability when required. The second target domain is onshore where we are
focusing on a region with large resources and which we know well from our
considerable operating experience there; this is western Newfoundland, where
we work via our 100% owned subsidiary, Enegi Oil Inc. ("Enegi"), using local
partners.
Opportunities in the offshore sector are more capital intensive and take
longer to incubate as the evaluation, assessments and planning processes
required reflect the additional complexity involved in offshore operations
when compared to those onshore. This greater complexity requires more
expertise so MFDevCo established a 'support' consortium of experienced,
international oil-service companies (the "Consortium"); the prestige of the
members illustrates the credibility of the strategy and of the current
opportunities.
We undertake extensive screening in both domains. In the offshore sector, one
redevelopment project in particular is of great interest because of the value
that can be generated and because the commercial circumstances that surround
the project provide further hurdles to competition. There can never be a
guarantee of concluding a project prior to physical execution but a
regeneration strategy has been identified and MFDevCo and the Consortium have
undertaken significant work including identification of, and engagement with,
the owners of a facility in China for deployment on the project. We are
currently leveraging the Consortium's relationships in China with the aim of
capitalising on this opportunity.
MFDevCo is building its team as