Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Thanks Gaz but Its Director Karl Townsend said to me yesterday that they cant do it now, maybe in future....Anyone else have recommendation of other UK brokers can do the job pls, many thanks .
End of month again, New BOD didn't even bothered to update UEN's web page (still an AIM Co), any suggestions on some sort of action at all?
So far so good. Gaz: my share cert. was issued by "Advanced Share Registry Ltd" back then, did you manage to find a UK broker to have your share in your UK account for easy dealing pls ? Many Thanks in advance.
What if All UK ( non-russian) shareholders group up and share the the cost (proportional to his shareholding number) for a legal kick? Surely will be better than doing nothing and it them rob us all in broad day light ....! make sense ?
NOT Good at all...Anything we little shareholders can do, maybe together via legal means?
on dear...Does not looking good at all. With web site down, no way of obtaining Cyprus share certificate, we shareholders has no way to claim any rights what-so-ever......Are we screwed and lost all our money ?????
Thanks Urraca: But Last Friday, I was told by the" Computershare.trade" who is said to be the registrar of Urals Energy that the Crest Facility they had was no longer available then. (another strange set up as my Broker "TheShareCentre" has no control of shares they were dealing)..Anyway Urraca, how do you know the Crest facility is still available pls? Many thanks.
Dear Fellow UEN shareholders: I got a rather disappointing response from my broker (TheSharecenter)on my request for share certification as follows:
" Unfortunately we are unable to do this on your behalf as creating a certificated position on the Cypriot register is not something we can facilitate and therefore we are unable to action your request to re-register your holding. Please accept my apologies for the misinformation provided.
If you have an account with another provider who has the facility to do this then we can potentially transfer your holding across to them to re-register subject to their agreement and a £25.00 fee".
I shall be most grateful for any suggestion or advise if possible. Many thanks in advance.
Guys: I just don't see how making totally "doomed prediction" of UEN's future (our money's future i mean) will help. After all, Alders did put over $20M for its 44.5% back in 2013, Mr Kononov has his reputable to maintain, let along the expectation of local govt....(refer to ADLER IMPEX S.A. circular doc.of 18th Feb and don't bother telling me they are all thieves pls!)
Since UEN's asset is huge (compare with its insignificant debt) and will be continue producing oil (cash), I just can't see how the new BOD to commit daytime robbery by ignoring the interests of shareholders. AIM is not the only rule maker and Cyprus is not totally lawless.
As long as BOD stick with laws and keep its independent audit, I am not ready to accept a written off like some of you....simply because there are so much BOD can do to create value and we are still shareholders, same as Mr Kononnov....GLA
There we have it. My broker was right and a new NOMAD was proposed by Mr K then. I just can't see any more the current BOD can do to save their job, let along any grace !! Expect the Pitch from Mr K shortly before EMG fir sure I think.. GLA
I asked my broker to cast my vote of "in support of ALL resolutions proposed by the Requisitioner, Adler Impex S.A. " yesterday. My broker's mentioned about " suitability of new BOD', as well as a New NOMAD. Was wondering if any of you have same info? If a new NOMAD was proposed by Mr K, it seemed Mr K is well prepared for any trick the current BOD may play and determined to use a New NOMAD for the final knock-out at EGM, which makes a lot of sense ....GLA
Not really maddskt! I put big money where my mouth is! Every shareholder is Entitled its position ! Fare enough !
Todays news means very little for few ozs less ! PGD is FAR better Explores than miner for sure and the Miguens family is the true BIG beast of locals who know precisely where the gold is, hence the forthcoming Calcatreu discovery, hopefully BIG, along with recently announced 4 free property from GoldCorp Before its takeover by Newmont, goodies leave to friends !!! See all new institution shareholders !! Long term play for a big takeover bid by majors when gold price start to shoot up soon! This is the game here I believe !! GLA
Guys : I still think the recent rapid rerating and HUGE potential would well be caused by the rapid gold price rally $1297 last nit at US time (as USD going down), break off and over the $1300/oz will make the economics for the 300,000oz of reserve beneath the open pit at Cap Oeste works out perfectly, let along the forthcoming drilling results on Calcatreu, PLUS free 4 new properties in the area !!! vGiven the last round placing was 1p (100 today), I just CAN Not see why this is not going back to 150-200 range very soon. ! Hold and buy is still my approach !! Just personal position and no advice intended. GLA , Dr WHO
Its seemed the economics for the 300,000oz of reserve beneath the open pit at Cap Oeste is working out under the very bullish gold price trend for 2019 !! MM need your share but hold and buy if you have spare cash. Last placing was 100 today's price paid by chairman , the one before was 195 by chairman and CFO i think !!! Back to 175-200 will be in no time I believe !!
With Gold Price raise so rapid, the 300,000oz at depth below openpit of Cap Oeste, along with new zero cost mines nearby , will make all sense for a cleaver excavation scheme for the maximum profit, Same like Real estate, to make the company bigger, you need large "good land reserve " . The CEO was also a executive director of the major HK listed Real Estate Co called "SEA Group, http://www.seagroup.com.hk", very smart people. Let along the Chairman's deep pocket and business astuteness, hugely promising . Most of share is held by he billionaire Chairman and family. Timing is everything !!! BUY!
This Press Release is excellent sign and very technically correct: My reading is that our PIs letters and reasonable requests for Mr K to stick with what he said on 21 Dec may just be precisely what Mr K need to by-pass the BOD/Nomad's communicational dominance , open a warning shot for any reckless action BOD may be contemplating, prevent Nomad of any wrong doing. Response from its Corporate website may also be a good tactic of not to potentially breaking AIM rules as BOD may accuse Mr K of.... Finally, whatever PI write to Mr K, my advise is to address ONLY these fundamental aspects, namely Keep AIM listing, Alternative Nomad, basic financing plan to move forward. Any attempt to question Mr K on details and reasons for these so called "unauthorised loans " issues are irrelevant for now, as these were clarified by Mr K on his Statement of 21th DEC anyway. So keep fingers crossed and be positive . GLA.
Urrace and Dear Fellow UEN shareholders : Its clear by now that the fight btw BOD and Mr K is obviously personal and BOD is prepared to destroy the UEN to survive with its last leverage : right to communicate with Nomad and control of the official communication channel with public. I think our best bet will be urging Mr K to act since he had opened its own media channel on the website (http://www.petrosakh.ru). So for us PIs, instead of passively wait-and-see, maybe we should be more proactive by issuing a "PI statement Letter " to Mr K via its website email address by saying: Provided following condition is promised, we PIs are prepared to pledge our votes for Mr K : 1) promise not to delist Uen, 2) Declare new BOD members are qualified against AIM rules, 3) Prepare an alternative Nomad to prevent from BOD's potential fatal strike to make Allenby Capital (Nomad) to resign and force a delist (I still can't see such a reckless action is permissible by AIM regulation) , 4) announce a sensible financing plan for going forward. I think we can put Mr K to a high moral ground as he stated in his statement of 14 Dec
"I believe that the financial health of JSC Petrosakh has been negatively dramatized by the Board for reasons unknown to me. I firmly believe that if well managed, Urals Energy Group can and should be profitable, and we are committed to maximizing shareholder value for UEPCL.
The Board makes lots of promises. I ask you to judge our actions."
I would assume such a letter should attract enough Votes ( 683,083 shares, I will certainly pledge my shares under these condition ) to secure an early win so that BOD will not have enough time to do further damage to the SP while getting paid by UEN.
Just my thoughts and any comments are welcome .
Regards
Dr WHO
.
My view, like that of Urrace: For Mr K to get rich quickly, will be keep UEN's listing and sort out $5m , also maybe a bigger loan, then quickly kick off the JV development for Komi since we have now a proper CPR in place, plus 2000bopd, SP can quickly go to 250, also win the case on moral ground too with a good reputation. Why to delist it, take a piss on all and be disgraced ! then what ? He will certainly not going to use his own money to develop these reserves ....Lets see...
Chavitravi : New BOD suppose top work for the money which is Alders SA owned by Mr Shvets. MAYBE you should also ask the Pathetic BOD that how much they are paid as salary and corporate benefits for all these years ? Mind you the new BOD is proposed by Alder SA in which Mr Shvets owns and he is a banker , so why BOD always take "oil for loan " from their close friends in Petraco instead of other meaningful long term loans for more strategical expansion for UEN? Also, what is the benefit to take control and delist UEN from AIM?