Member Info for Jarv55

so they are selling down lets clear them out

Get the feeling mms are collecting here

If they actually get a producing asset this will be an Aim darling again.

Looking better here

Riz filtered much better only so much dross you can listen to

Looking forward the the first contract landing

Now reading between the lines I would expect the OGA would of had to of seen some evidence to support a waiver. This will allow the Company to continue the farm out process in respect of P2248 and P2252, while also exploring various additional forms of financing which will support its ultimate aim of drilling one or more wells on these licences.Â

Continuation of Southern North Sea Licences  Cluff Natural Resources Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea gas basin, is pleased to announce that the UK Oil and Gas Authority ("OGA") has confirmed that it has waived its requirement for a farm-out to have been concluded by 31 May 2018 on the Company's two 100% owned Southern North Sea Gas licences, P2248 and P2252.  Accordingly, both the Promote Period and the Initial Term of each licence will continue to run until 30 November 2018, subject to a drill or drop decision being made by 30 September 2018.  This will allow the Company to continue the farm out process in respect of P2248 and P2252, while also exploring various additional forms of financing which will support its ultimate aim of drilling one or more wells on these licences.  Commenting CLNR's Chief Executive Graham Swindells said: "We are very pleased that the OGA has granted our request to continue both of our high impact licences in the Southern North Sea gas basin, an area in which we continue to see significant value. With the OGA's support, we are able to continue the process of securing partners and funding to drill one or more wells in 2019.  "With the addition of blocks awarded to the Company in our successful application for licences in the 30th UK Offshore Licensing Round, which has taken the estimated P50 prospective resource base in the Company's portfolio to 4.3 TCF of gas, we believe the Company is in a strong position for growth."

Seriously who cares shares go up and down if you believe they are going to pull this mobile platform off you shouldn't be worried

Price is consolidating nicely building strength for the next push up prefer this to big spikes and drops back down.

reported brainer as well just a troll

Will leave you with this you can figure it out https://invst.ly/7rfu9

Brainer just looked at your posting history I can understand now why you are negative.

We had Jez the fez bashing the stock down now he has turned into a believer, so we have to have someone to take his place Chris is it. Welcome Chris look forward to seeing what you can up with lol

This investment is the first step in delivering my broader strategy to combine nearer term catalysts for shareholders, with our existing Indonesian projects.  Indonesia offers significant potential and we remain committed to our existing projects and strategy there. However to generate sustained value for shareholders we believe we must diversify into other projects or jurisdictions where suitable opportunities arise. Our team has over 25 years’ experience in the UK North Sea, working across 15 fields encompassing every stage of the development cycle, which makes the Eagle opportunity particularly complementary to the teams skill set. The investment gives us a material stake in an asset at an attractive entry point, with an existing work programme underway, providing significant upside potential. It also gives us access to other possible UK oil and gas projects that are being worked on by the team at Eagle. We believe our expertise will help Eagle progress Badger and assist in negotiations on other business development opportunities. Under our new low-cost operating model I have continued to stream line costs.  In particular in my first six months as CEO, I have already reduced our 6 month cash spend by 25% and continue to make reductions. The benefit of these cost savings mean that the funds from this placing will provide us with sufficient working capital to deliver the results of Eagle’s work programme and make progress on our other initiatives.  We look forward to providing further updates on this and other projects in due course

Accumulate while they are low in the summer lull expecting news on Mypay, Update on the amount of users, a couple more games plus new partners this should lead to an increase in institutional investors decreasing the free float. May even get a new bod member. Small window between now and September when the Mobile payments app gets launched.

Reading between the lines I am wondering if they will announce a different deal before Bunga Mas The Company notes recent social media discussion regarding the potential purchase of an interest in an oil and gas asset in Indonesia, the Bunga Mas PSC (“Bunga Mas”). In accordance with the Company’s previously stated strategy, the Company continues to evaluate a number of oil and gas projects, of which Bunga Mas is one.  However, discussions remain at an early stage and commercial terms are yet to be agreed. There is no guarantee that terms will be agreed in respect of Bunga Mas but, should they be, or indeed should the Company reach agreement in respect of the acquisition of interests in any other projects, it will update investors at the appropriate stage.

Don't get too carried away we need a contract signed before this gets back up to 3p and need the funding sorted with btc

Chris in what way is news flow poor? 15-Jun-18 17:25 RNS Holding in Company Holding(s) in Company 06-Jun-18 11:13 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 04-Jun-18 07:00 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 01-Jun-18 07:00 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 25-May-18 11:44 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 14-May-18 07:00 RNS Mobile Money Platform Launch Company Announcement - General 02-May-18 16:15 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 30-Apr-18 07:00 RNS Total Voting Rights Holding(s) in Company 26-Apr-18 11:51 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 17-Apr-18 13:29 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 17-Apr-18 07:00 RNS Appointment of Joint Broker Executive Changes 16-Apr-18 10:20 RNS TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES Holding(s) in Company 12-Apr-18 07:00 RNS Exercise of Convertible Bonds and Issue of Equity Company Announcement - General 10-Apr-18 07:00 RNS Resignation of CFO and Board Changes Executive Changes 15-Mar-18 07:00 RNS Strategy Card Game Launch Company Announcement - General 07-Mar-18 16:40 RNS Second Price Monitoring Extn Company Announcement - General 07-Mar-18 16:35 RNS Price Monitoring Extension Company Announcement - General 07-Mar-18 07:00 RNS Fundraising Company Announcement - General 06-Mar-18 14:37 RNS Appointment of Broker Executive Changes 02-Mar-18 10:50 RNS Statement re broker Company Announcement - General 11-Jan-18 09:29 RNS Results of Annual General Meeting Results and Trading Reports 08-Jan-18 11:59 RNS Response to recent market commentary Company Announcement - General 04-Jan-18 11:05 RNS Second Price Monitoring Extn Company Announcement - General 04-Jan-18 11:00 RNS Price Monitoring Extension Company Announcement - General 03-Jan-18 15:16 RNS Response to recent market commentary Company Announcement - General 29-Dec-17 07:00 RNS TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES Holding(s) in Company 29-Dec-17 07:00 RNS TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES Holding(s) in Company 29-Dec-17 07:00 RNS TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES Holding(s) in Company 15-Dec-17 07:00 RNS Notice of Annual General Meeting Results and Trading Reports 11-Dec-17 07:00 RNS Cooperation Agreement Company Announcement - General

So, here’s what we know and why we know it. I’ve been to Indonesia several times. I’ve built up good connections within Jakarta, Sumatra & Pertamina, have met plenty of Indo’ operators. Such as Fosters Oil. That’s a fact, like it or not. BMD isn’t an armchair commentator. I get about. I’ve had a site visit on two of these fields. ADL are in advanced negotiations, on several Indonesian assets. Bunga Mas, which contains real production upside, Ramok which is already producing 60bopd that could increase to 300bopd, Pilona TAC and the Deras field. They’ve coughed on BM and I’m fairly confident that they are in discussions on at least two of the other licenses mentioned, (whittling them down to 1/2 on their due diligence (DD), that’s because those who own BM also have an interest and knowledge on the above. I’m not going to release the Fosters oil info due to the fact that I don’t know if ADL have been talking to them. Fosters asset produces 600bopd with a workover potential of 2,000+ bopd, which seems unlikely ADL could get. In comparison to BP they’re small fields but for a minnow oiler on the AIM, each one of them will bring significant oil & gas production to the company subject of course to a deal being struck on favourable/fair terms and percentage/s taken. Now remember the asking prices are what I call ‘Indonesian bluff’. That is to say that any final deal will be at a considerable discount to what is being asked. The structure of a deal could involve paper being issued (Stock) as well as cash tied into production Or a combination of debt/stock/placing or taking on a new director etc. The difference here post Whitby the dreamer, who not only destroyed value but also ADLs reputation within Indonesia, is that Gorringe and Jorgensen are pragmatists who are having to reach out and re-build bridges, while confronting the demons, fortunately they’re in discussions with companies I have talked with for a very long time. My information was gleaned well before ADL came knocking. It was good to see Simon Gorringe come out with an (forced) RNS in such a way that down-played the potential. That bodes well for the future but at this stage it’s only 1 of 2 RNS’s that have been correctly formed without the usual Whitby ramptastic horse shit. These licences any 1 of the 4/5, I know about, have the potential to put significant production and exploration on their books. ADL haven’t turned the corner yet. They are at the corner. But they may, if they can turn the corner, have a future. Post consolidation they become a new company with no doubt a new name. It’s wait and see how it goes, not a throw the kitchen sink in moment. ‘Cautiously Optimistic’ should be the mind-set here.