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Shareholders expect details of the deal before next Thursday, when they are scheduled to vote on an attempt led by hedge fund Milroy Capital to sack the Wessex board.

Andrew Cochran Cochran served as chief executive of Dominion Petroleum from November 2009 until its acquisition in 2012. He has over 20 years of international experience in the oil and gas industry, including founding and executive positions with Salamander Energy plc and Endeavour International Corporation and working for Anadarko Petroleum, Veritas DGC Indonesia and Western Geophysical. President and chief executive Randy Bartley said: "We are pleased that Mr Cochran has agreed to join us as an executive director. His extensive experience in the international energy sector has been valuable to the company and we look forward to working with him in this new capacity."

http://www.ft.com/cms/s/0/0bcfc18e-d6d2-11e3-907c-00144feabdc0.html#axzz3198fkH1j Aim-listed Wessex Exploration jumped 31.8 per cent to 0.73p, leading the company to confirm it was in advanced negotiations over an acquisition in the Far East. The gain was triggered by news that Andrew Cochran, the former chief executive of Coastal Energy and Dominion Petroleum, had taken a 3.79 per cent stake in the explorer. Mr Cochran is expected to swap a package of Philippines near-production offshore assets for a stake in Wessex, whose value has slumped over the past two years on poor drill results from the Shell-operated Guyane Maritime permit off French Guiana. Shareholders expect details of the deal before next Thursday, when they are scheduled to vote on an attempt led by hedge fund Milroy Capital to sack the Wessex board.

"It said that the proposed Far East acquisition "would almost certainly constitute a reverse takeover, and result in enormous dilution for all shareholders," a comment Thursday's statement from Wessex sought to counter." No effing dilution!!!!

Wessex Exploration Says Possible Acquisition Is Not Reverse Takeover Thu, 8th May 2014 16:51 LONDON (Alliance News) - Shares in Wessex Exploration PLC surged Thursday afternoon, after it confirmed it was still in advanced negotiation regarding a potential acquisition of a prospective offshore asset in the Far East. Wessex Exploration shares closed 32% higher at 0.727 pence. The UK-based energy company said that the proposed acquisition would not be classified as a reverse takeover under AIM rules. It said the transaction is intended to provide it with the opportunity to secure its future as a highly prospective exploration and production company. "As the acquisition will only proceed if the resolutions proposed for the requisitioned general meeting are defeated, the directors strongly urge shareholders to vote against all the resolutions proposed by Milroy Capital at the forthcoming general meeting scheduled for May 15, 2014 and to take no action in the meantime," the company said in a statement. The company said that it will disclose further details as soon as the proposed heads of agreement are finalised. Last month, Wessex Exploration shareholders received a letter setting out the reasons for Milroy Capital Ltd's proposal to remove the Wessex Exploration board and restructure the company. Milroy Capital is understood to be a Guernsey company wholly owned by Robert Milroy and Frederik Dekker, a former chief executive of Wessex Exploration, according to Wessex. The letter said the value of the company has fallen by over 95% in less than two years, and the current board lacks strong leadership. Without fundamental change, shareholders face a bleak future and a likely further dilution of their investment, the letter said. It said that the proposed Far East acquisition "would almost certainly constitute a reverse takeover, and result in enormous dilution for all shareholders," a comment Thursday's statement from Wessex sought to counter. http://www.lse.co.uk/AllNews.asp?code=ar9yzu4n&headline=Wessex_Exploration_Says_Possible_Acquisition_Is_Not_Reverse_Takeover

Now that our corporate reorganization proceedings and re-financing efforts are ongoing, we have had to lay off part of our personnel for the time being, and all our employees have had to endure uncertainty over the future of their jobs and Talvivaara's operations. Whilst I strongly believe in the long term viability of the Talvivaara mine, I am also sincerely grateful for our personnel's commitment through these challenging times and look forward to seeing their efforts carry the operation into a stable and profitable future."

Despite this, the operational outlook grew increasingly positive going into 2014, as our new ore heaps, primary heaps 1 and 4, demonstrated very good leaching performance and started contributing to our metals production in the fourth quarter. The nickel grade in solution pumped to the metals plant rose from less than 0.8g/l in November to around 1.5g/l by February and has stayed around that level ever since despite high levels of metals out-take from the two new heaps. Once again, this demonstrates that the bioleaching technology works. Much of the public discussion around Talvivaara has revolved around environmental matters, but similarly a great proportion of the Company's efforts and expenditure have gone to water management and mitigation of environmental risks. In 2013, Talvivaara treated and discharged some 5.7 million cubic meters of water from the mine area, commissioned reverse osmosis water treatment plants, and built additional dams and ponds to reduce the catchment area and to increase storage volumes. The Company's environmental investments in 2013 amounted to EUR 34 million, up 6 per cent from EUR 32 million the year before, and the operational environmental expenditure totalled EUR 36 million. Although we feel that we have already dedicated as much resources to environmental matters as has been reasonably possible, we also acknowledge that the work is not over, but rather will continue this year and beyond with our stated target of being a leader in sustainable mining. Having been depressed for most of 2013 due to over-supply and weak demand, the nickel market has shown a remarkable recovery in 2014 with nickel price improving by around 30 per cent from the levels seen in the beginning of the year. The main stimulus for the improvement has been the Indonesian ban on nickel ore exports, which came into effect in January and which has had a particularly strong impact on the nickel ore supply to China. The market outlook is now more positive than in the last few years with the nickel over-supply being foreseen to turn into a deficit possibly as early as this year. For our long term future, our most important target in the near term is to secure sufficient funds to allow us to re-start our re-claiming and mining operations. Having these two functions operational helps us in our water management operations and creates the foundation on which we can again continue ramping up our production in anticipation of volume based cost benefits. We believe our good results in bioheapleaching over the last several months as well as the recent improvement in the nickel market are helpful in our financing efforts and hope to be able to announce some positive news in this respect during the next few months. Now that our corporate reorganization proceedings and re-financing efforts are ongoing, we have had to lay off part of our personnel for the time being, and all our employees have had to endure uncertainty over the future of their job

Talvivaara received an environmental permit for uranium Wednesday 04.30.2014 at 07.33 (updated from 08.22) Talvivaara Mining Company has been granted an environmental recovery of uranium. http://www.iltalehti.fi/talous/2014043018254700_ta.shtml

\Zinc from TALV to Nyrstar "Zinc has recovered particularly impressively; we are not alone in favoring this metal," said BNP Paribas analyst Stephen Briggs. Commonwealth Bank analyst Lachlan Shaw said prices had surpassed his expectations in 2014 to-date, while analysts at Commerzbank forecast prices to reach $2,100 a ton by the end of the year. Premiums--charges on top of the London Metal Exchange price for delivery of special high-grade zinc--have risen to around $180-$200 a metric ton this year, from $120-$130 a ton last year, a gain of nearly 70%. A spokeswoman for Nyrstar, one of the world's largest producers of zinc, said their increase to customers has been in line with these rises, without giving an exact figure. "We have seen charges for special high-grade zinc--what we call premiums--increase across the industry in 2014, and, as a result, Nyrstar has and will continue to follow market trends," the spokeswoman told The Wall Street Journal. Japan's biggest producer, Mitsui Mining & Smelting, has also raised its zinc premiums for 2014 by around 70%, underpinned by rising demand, a spokesman said. Mitsui largely exports to Taiwan and China, the world's largest consumer of the metal. Chinese demand for the material has been strengthening, as the world's No. 2 economy invests in new infrastructure such as airports and rail lines. Imports of refined zinc into the country rose more than a fifth in 2013, according to customs data. Zinc is resistant to rust, so it is used to coat steel for making lampposts, car doors and beams. It also is combined with copper to make brass. Stockpiles of the metal held in LME warehouses currently stand at 828,575 tons, down 32% since the start of 2013. Glencore Xstrata PLC's (GLNCY, GLEN.LN, 0805.HK) Brunswick and Perseverance mines in eastern Canada, which produced a combined 335,000 tons of zinc in 2011, closed last year. Output from MMG Ltd.'s Century mine in Australia's Queensland state is also slowing, with the world's third-biggest open-pit zinc mine slated for closure by 2016. MMG previously estimated Century's output to fall about 5% in 2013. Analysts and investors say the supply shortfall will continue to support prices in the $15 billion zinc market, a rare bright spot for commodities bulls. They consider many raw-materials markets, from coal to corn, to be oversupplied, a situation that has broadly weighed on commodity prices.

http://www.talvivaara.com/investors/Share/major_shareholders

Negotiated Trade only!!!!!!!!!

Online limits cut. 15k max to buy Can sell over 150k over the bid price!

http://www.mining.com/wp-content/uploads/2014/04/talvivaara-wants-uranium-license-but-needs-to-avoid-bankruptcy-first.jpg

Who knows! Have to await tomorrow RNS!

Maybe dropping the uranium license was a requirement in order to get gov funding! They did state they will go for the license once restructuring is complete!

TALV will survive! If it was to be dropped there would have been: No restructuring! No 20 million investment by nystar! No results tomorrow!

- Funding Science Professors Barber and Odean have made ​​a seven-year study, which comprises a total of 35 000 households. They concluded that women are more risk-thirsty men better investors objectivity and prudent investment strategy as a result. Talvivaara's case does not give rise to a new study concludes Oksaharju. In western Finland, Talvivaara massive enthusiasm Geographically, the Talvivaara share of particular interest to the western Finnish, representing a small Finnish investors ownership of up to 48.5 per cent of the different terms of the number of portfolios. Western Finland: 48.5 percent ownership in Southern Finland: 26.8 percent ownership in Northern Finland: 13.0 percent ownership of Eastern Finland: 11.6 percent ownership of the Åland Islands: 0.1 per cent of the ownership of - It is worth noting that, contrary to popular belief, Talvivaara retail investor ownership is not local. For example, a quarter of Pori portfolio can be found in at least one of the Talvivaara share. Also, Turku, Talvivaara has purchased a fifth case. Is the old dock locations learned that the owner of the list of the state most likely to keep the big bankruptcy at bay, says Oksaharju. The small investor theme of the Double Jeopardy Betting Ltd has received Talvivaara as a serious competitor. Talvivaara shares has become about 0.10 euro dropped to the level, more preferably a meaningful unit price of more than a dream of happiness. - I invest kymmensenttiseni rather empty glass bottles. The probability of a doubling in the value of a deposit of at least a hundred times Talvivaara is compared to the sum of Oksaharju. Further information: Jukka Oksaharju, Nordnet the Finnish equity strategist 050 376 0589 / jukka.oksaharju @ nordnet.fi http://news.cision.com/fi/nordnet/r/ennatysryntays-talvivaaran-osakkeeseen-tilinpaatoksen-aattona,c9576125

The rush to record shares of Talvivaara on the eve of the financial statements TUE, APR 29, 2014 7:13 PM CET Internet banking Nordnet explained the Finnish retail investors in the trading and ownership information of Talvivaara shares of the Company on the eve of the financial statements. Nord Internet Talvivaara has been meteoric for the third dedicated to the shares in listed companies immediately after Nokia and Fortum. Talvivaara said 04/17/2014 the release of the balance sheet in a separate release on Wednesday, 4/30/2014. Market-the company's insolvency has been clear for a long time, so small investors are frantically waiting for any signal of the monetary taps on openness. Now, such is the interpretation of the company's financial statements for the final release date. Talvivaara received during the winter two waivers to postpone the financial statements. The company announced an exemption from the first and second 24/1/2014 26/3/2014. Small investors trade volumes multiplied Information Talvivaara coming to the financial statements of the investor deceives the people of Finnish cities in the provinces. NordNet, through stock trading for small investors in Talvivaara stores increased from 21 to 04.25.2014 during the period between the ************** turnover of the euro in terms of 25-fold relative to March 2014 the average weekly level of trading activity. - Talvivaara last week who have purchased a different number of portfolios is an 8-fold relative to the level of the average week of March, and a 5-fold relative to the beginning of April. Tough dream jackpot lottery rev up the stock market, says Nordnet the Finnish equity strategist Jukka Oksaharju . Game of paper of interest to young investors Age group in the Talvivaara share of particular interest to 26-35 years of age. Children under 35 years of age, small investors represent ownership in Talvivaara total of 52 per cent. 26-35 years: 28.8 per cent holding in 17-25 years: 18.7 per cent holding in 36-45 years: 18.0 per cent holding in 46-55 years: 13.8 per cent holding in 56-65 years: 11.7 per cent ownership 0-16 years: 4.5 per cent holding in 66 to 76 years: 4.0 per cent of the ownership of 77 + years: 0.5 per cent of the ownership of - Typical Talvivaara investor is under 35 years old townsman. Hopes of an early äkkirikastumisesta and standard of living are increasing going strong. Tallinn ferry you want to change the Thai-plane and your own hand weights gym card, summed up Oksaharju. Women are better investors than men NordNet, through the trade fair share of the Talvivaara investors 85.1 per cent of men and 14.9 percent women. At least one of the Talvivaara share-owning men's briefcase-specific median of the financial statements on the eve of ownership is 284 euros. The corresponding figure for women was 189 euros. - Funding Science Professors Barber and Odean have made ​​a seven-year study, which c

updated 26.4.2014 15:20 Talvivaara still seeking uranium license – but says there’s no hurry The financially-strapped company is no longer asking for permission to immediately begin uranium operations in Sotkamo, eastern Finland. Talvivaaran tehdasalue. Talvivaara nickel mine in early April Image: Heikki Rönty / Yle The Talvivaara mining company is still applying for a permit to extract uranium, but has made last-minute changes to the application. The financially-strapped company is no longer asking for permission to immediately begin uranium operations in Sotkamo, eastern Finland. The firm says there is no longer any rush as the Supreme Administrative Court ruled late last year that the government should reconsider a preliminary permit issued in 2012. That followed a chain of events beginning with a series of toxic leaks at its nickel mine, followed by a suspension of operations and a filing for corporate reorganisation. “Company quite hard-pressed now” The Regional State Administrative Agency of Northern Finland says it will process the application by the end of April. However it rules, the process is likely to drag on for years “Since this would be the first facility of its kind in Finland, there are certain to be complaints filed if the permit is granted,” says Talvivaara’s Chief Commercial Officer, Pekka Erkinheimo. “As is well known, the company and its staff are quite hard-pressed now, so we don’t want to take on any more strain if it can be avoided.” He adds that in any case the company cannot now afford to pay guarantees that would be required if operations were to begin. Another waste-water penalty looms Meanwhile on Friday, the Kainuu Centre for Economic Development, Transport and the Environment (ELY Centre) threatened Talvivaara with a fourth fine unless it empties a gypsum pond that was filled with waste water in violation of permit terms. The firm faces a 100,000 euro penalty unless it complies by mid-May. http://yle.fi/uutiset/talvivaara_still_seeking_uranium_license__but_says_theres_no_hurry/7208955

"In addition, the Company is also in discussions with certain parties regarding a long-term financing solution for Talvivaara."