Member Info for erazzel

;)

Tethy declined the AGR deal. They would not allow another bidder to rock the boat with a short term financing agreement. If they are structuring a deal the way i believe they are pull this off then this SP is soo cheap for assets of this size. If i'm wrong then i lose like everyone else. You seem a little worried, i hope your wrong obviously. Of course all eyes on Monday but there's more to come IMO

You should sell then!

Could even be Blue! anything is possible on AIM, even a cup of Tethy's.

Risk has to be assessed and this company has also majorly revamped their website which is informative. The future value is far greater with Tethy's in full control and the assets the hold interest too are more than enough to meet obligations. Its a no brainer

If NOG doesn't complete the $5m is repayable by 31 Aug 2016. If they receive another offer from another party they can pay out sooner at their discretion. Might be worth you reading the RNS on the financing again for the avoidance of doubt. Thanks

You say $5m to keep the company liquid for 2 weeks - Where is your supporting evidence for this claim please?

Oil is on the back burner so not worried. I get the impression Tethy BOD won't relinquish certain rights for financing. I would say your wrong or right, but the structure of communications in the public domain form Tethy's seems very transparent and positive if you can disect away the gobble d gook. Just my opinion

Nostrum Financing In connection with the Possible Offer, Nostrum and Tethys have today entered into an unsecured US$5 million term loan facility (the "Loan"). Nostrum has agreed to provide the Loan to Tethys in order to support short-term liquidity of Tethys during the period in which any formal offer may be implemented. The Loan is immediately available for drawdown. The Loan shall be repayable on February 28, 2016 or, in the event that Nostrum does not announce an intention to make a formal offer within two business days of the conclusion of its confirmatory due diligence within the time period outlined above, the Loan shall be repayable on August 31, 2016. Interest shall accrue on the Loan at a rate of 9% per annum, with such interest being repayable on the maturity date of the Loan.

ohn Bell, Executive Chairman, commented: 'The turnaround is now well underway, some of which is reflected in these financial results. I am encouraged by the performance of the gas division and the cost reductions achieved at Group level. The strategic review is ongoing, and the team is working hard to both conclude the strategic review process and continue to improve the operations.'

It's risky

Well said Kaching. Massive misrepresentation from MR. Injustice, perhaps he could work for Fujitsu as it may be on his horizons. Feel sorry for the LT holders here, big potential down the drain.

? Still no interest........ Well done MR

up 5% - All looks good!

234,588 shares just went through. Things are looking good

Seems as though BOD of Tethy's will not allow low ball offers. Fills me with confidence. IMO its the start of a bidding war, yet production will increase going forward and may all become self necessitated on the way.

Doesn't really matter so long as true value is realised eh?!

13/7/15 £75k or 750,000.00 shares as a buy. Now that is a good sign. They bought at 10p.

Wouldn't a bidding war be welcomed. Upside to come potentially

TYPO Watch the gap and don't miss the op to BUY low and reap the upside on the bounce. GLA