Member Info for GedW

Hi PETIE what do you know of "Sally West" where is the connection to DWY or Minerva. My understanding is Minerva is worth at least 2-3p minimum and that SW is a connected person! What have you found out?

Some members are quoting 35 1/4p in two years. This would value this Co at £196mns or so on current 608mns issued share capital (isc). That would suggest that this Co will have to be turning over £50mns or so. The daily production would have to be around 3500 barrels of oil @ £35/barrel ceteris paibus. My guess is that there will plenty of share enhancing news between now and then. My guess is that 35p range is conservative judging by this aggressive expansion planned by Lenigas and his strong mix of Corporate bods judging by the recent authority to increase the authorised shares and raise additional expansion funding. The die is cast here.

I don't think many have spotted the full potential of this tiddler. Apart from its large and reliable resource, it also stands in the firing line of many a larger operator. It has authorities in place to raise additional funding should it be required for expansion and also has a break even point at $40/oil barrel. Income over the next 12 months is set to explode. With the shares more than doubling like many a tiddler oily, there is a lot of expectation already in the price, but there is, in my opinion a lot of catching up to do to be on a par with its peers. Just my opinion for what it is worth. GL ATB

The Company was informed on 5 June 2009 that Boyce Investments Ltd is interested in 32,175,000 ordinary shares of 0.1p in the Company, representing approximately 5.0% of the Company's issued ordinary and voting share capital.

Hi ChinaCrisis. 8000 is the nms as quoted by londonstockechange.

Trust me! more upside due. This Co has the plastic card clearance and verification market in its grasp. Follow recent Director buying for some share price movement excitement. A medium to long term investment this one. What do the chartists think?

Receives letter of intent to accept offer..Further to the announcement on 1 June in relation to a possible all share offer to acquire the entire issued and to be issued share capital of Minerva Resources plc ("Minerva"), on a basis which values Minerva shares at not less than 1p, Dwyka is pleased to announce that it has received a further letter of intent to accept such an offer, if made, from Golden Prospect Precious Metals Limited in respect of its entire holding of 3,500,000 ordinary Minerva shares, representing approximately 2.3 per cent. of Minerva's current issued ordinary share capital. In total, Dwyka has therefore received from Minerva shareholders non-legally binding letters of intent to accept, if an offer on the terms of the Possible Offer (as set out in the announcement on 1 June 2009) were to be made, in respect of 69,201,600 ordinary Minerva shares owned by such shareholders representing approximately44.9 per cent. of Minerva's current issued share capital.

The Rank Group Plc ('Rank' or 'the Group') welcomes today's announcement from the High Court that it has upheld the Group's claims for VAT overpaid on games of interval bingo and gaming machines. This announcement supports last year's rulings by the VAT & Duties Tribunal ('the Tribunal') that the inconsistent application of VAT to interval bingo and gaming machines contravened the European Union's principle of fiscal neutrality. As a consequence of last year's Tribunal ruling, Rank received £59.1m from Her Majesty's Revenue & Customs ('HMRC') in respect of VAT paid on interval bingo between 2003 and 2008. Rank is entitled to interest on this claim. Rank's claim for £26.0m of VAT paid on gaming machines between 2002 and 2005, has also been upheld by both the Tribunal and the High Court. The Tribunal is scheduled to reconvene during October 2009 to rule on a number of outstanding considerations, including whether its ruling should apply to the claim period in its entirety

The Board of Blackstar is pleased to announce that the Company has today entered into conditional agreements to internalise the investment advisory arrangements of the Group through the termination of the Investment Advisory Agreement ("IAA") with Blackstar Managers Limited ("BML") and to acquire the entire issued share capital of Blackstar Fund Managers (Pty) Limited ("BFM") (together the "Internalisation"). BFM employs the Team in South Africa, including Andrew Bonamour, who will thus become full time employees of the Enlarged Group. The aggregate consideration payable by the Company in respect of the Internalisation is approximately £14.9 million. Approximately £8.9 million of the consideration will be used to subscribe for an aggregate of 13,341,851 new Ordinary Shares (the "Subscription") at a price of 67 pence per Ordinary Share.

On the 27th April 2009, the board of Hot Tuna announced that it had raised £300,000 through a placing to assist with production financing of existing firm orders and to pay down creditors. Since the placing, the funds raised have been used to complete outstanding orders for Europe, America, Australia and United Arab Emirates and fund the development of Hot Tuna's full Spring/Summer 2010 range.UK and European deliveries focused around the adult men's and women's surfing apparel with the bulk of the orders going to Debenhams UK, Sportscheck in Germany plus a number of independent surf retailers. Hot Tuna products are currently retailing in 45 Debenhams stores in the UK and continue to outsell on a like for like basis several well known surf brands. Debenhams in the United Arab Emirates continues to take deliveries of Hot Tuna's adult men's range.In Australia Hot Tuna has just closed its Spring/Summer 2010 orders with national retailers Myer and David Jones in addition to several other specialty surf wear retailers. Spring/Summer Australian orders total A$494,000, which is in line with the Company's expectations, and are primarily only associated with the Company's children's wear range. On the back of successful sales in the United States market, Hot Tuna will launch womens swimwear into Australia next year as the company continues its planned roll out of the full product range in all regions.

This AIM quoted oil and gas engineering services business, has signed an agreement with Red Sea Petroleum Operating Company ('RSPOC') to supply its proprietary POS-GRIP High Pressure/High Temperature ('HP/HT') exploration rental wellhead systems for wells being drilled in the Red Sea. The value of the contract is estimated at £1.2 million with revenues commencing in December 2009. This could increase to GBP2.4 million if RSPOC takes up its option to increase the order if further wells are required.

EDF Trading, a wholly owned subsidiary of Électricité de France S.A. has noted the announcement of 5 June 2009 by Guanabara Holdings B.V. in relation to a possible offer for EcoSecurities, and confirms that it, or a subsidiary of it, is considering a cash offer for the entire issued and to be issued share capital of EcoSecurities without recourse to third party financing. The level of any such cash offer is contemplated to be at a price of at least 75 pence per share, with the ultimate level of any offer dependent on the satisfactory completion of due diligence

Follow the Directors' lead for some interesting upside due.

ARC, the investment manager to the Company, is pleased to announce the acquisition of a 50% interest in the Investment Manager by ARRCO. ARRCO is a member of a corporate group with substantial global real estate investments. The corporate group includes Antler Investment Holdings Limited, a substantial shareholder in the Company.The acquisition of the 50% interest has been satisfied through a mixture of existing and new ARC partnership interests. Phillip Rose, CEO of ARC, and other members of ARC's management team shall continue to hold a substantial interest in the partnership. Sir John Beckwith will retain a significant minority interest in the partnership and will remain as the Chairman of ARC.There will be no changes in the day to day management of ARC or of the Company and all existing partners of ARC continue to be partners in the business going forward.

Fundamental-e Investments PLC (the 'Company') today announces that its Nominated adviser, Dowgate Capital Advisers Limited ('DCA'), and the Company's broker, Dowgate Capital Stockbrokers Limited ('DCS') have resigned with immediate effect. The shares of the Company are currently suspended from trading on AIM pursuant to AIM Rule 19 and as such the resignations of DCA and DCS will have no immediate impact on the trading of shares in the Company. If the Company fails to appoint a new Nominated adviser within one month, the admission of the Company's shares to trading on AIM will be cancelled by the London Stock Exchange at 7.00 a.m. on 6 July 2009. The Company will further update the market shortly.

Lombard Medical Receives European Label Claim Extension for Aorfix™ to Treat Patients with High-angle-neck Aneurysms. Brian Howlett, CEO of Lombard Medical, commented: "This significant additional indication extends the use of endovascular repair of abdominal aortic aneurysms to a group of patients who may not have any other treatment options. Furthermore, it demonstrates the versatility of Aorfix™ in treating a broad spectrum of patients and achieving good clinical outcomes, regardless of tortuosity of the vascular anatomy

board of Guanabara Holdings B.V. (Guanabara) confirms that it is considering an offer for the entire issued and to be issued share capital of EcoSecurities Group plc (EcoSecurities) at a price of 60 pence per ordinary share. This announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.5 of the Irish Takeover Rules and, at this stage, there can be no certainty that an offer or any other transaction will occur

Churned profits for next round of upside. Might be an idea to follow recent corporate news offerings.

Hi skynetuk. No apology necessary as It all seems academic now, all deals look grounded for a while as the wheels fall of this slow moving stock and the JV looks terminated. What are your thoughts for the future direction of this Co here on in?

The Company announces that Peter Chappell, Executive Director, has today purchased 135,000 Ordinary 10p shares of Earthport at a price of 42.5p per share, bringing his total holding up to 221,217 shares.