Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
The choices are simple....sell now or stay invested....
Most companies now are looking to re- finance ...AML is not alone..No cars, Van's or trucks have been built or sold for months....the entire industry has been at a standstill ...nothing built...nothing sold...and the cost of furlough and to keep the factories closed ...run to many millions of pounds for each company...the cost of shutting down vehicle production in the UK will run into Billions of pounds, AML needs cash, they can't survive without the placing...IMHO
Like I said I have a 5 figure investment here, I'm already at a loss and I'm smart enough to know not to sell at a loss...
atb
The net proceeds of the Placing and the other financing transactions announced today will provide the Company with the required additional flexibility to successfully emerge from the extended COVID-19 lock-down and the dealers' inventory de-stocking period. The Directors of the Company are confident that this additional flexibility will allow the Company to pursue its strategy to realise its full potential to operate as a true luxury company and remain focussed on ensuring the Company builds the appropriate capital structure for the longer term.
I've known about this for quite a while, long before this article was written, ...its the main reason I am invested.
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Baron Oil says historical Shell data indicates potential of East Timor play
04 February 2020, 13:56
Source - SMW
Baron Oil said historical data complied by Shell indicated the promise of the Chuditch discovery offshore East Timor. The Chuditch-1 well had been drilled by Shell a few decades ago and encountered a 25 metre gas column. Shell estimated a total gross estimate of mean gas in place of 2.32 trillion cubic feet, with gas recovery expected in the range of 55%-to-75%. Baron said it planned to invest in the Chuditch production sharing contract project through its entitlement to a one-third shareholding in SundaGas TLS, equating to an indirect net 25% interest in the contract. 'The information from the Shell reports gives a clear indication of the substantial potential for hydrocarbons within the Chuditch production sharing contract and the reason that Baron has maintained its entitlement to invest into SundaGas TLS since 2016,' executive chairman Malcolm Butler said. 'Now that the Chuditch PSC has been confirmed and the guarantee bond posted, the work programme over the next three years is designed to further define the size of the Greater Chuditch accumulation and the potential of nearby untested prospects, through seismic reprocessing and drilling, in order to formulate plans for commercialisation. 'The figures computed by Shell clearly indicate the size of the potential prize.'
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Market & Company News
Baron Oil says historical Shell data indicates potential of East Timor play
04 February 2020, 13:56
Source - SMW
Baron Oil said historical data complied by Shell indicated the promise of the Chuditch discovery offshore East Timor. The Chuditch-1 well had been drilled by Shell a few decades ago and encountered a 25 metre gas column. Shell estimated a total gross estimate of mean gas in place of 2.32 trillion cubic feet, with gas recovery expected in the range of 55%-to-75%. Baron said it planned to invest in the Chuditch production sharing contract project through its entitlement to a one-third shareholding in SundaGas TLS, equating to an indirect net 25% interest in the contract. 'The information from the Shell reports gives a clear indication of the substantial potential for hydrocarbons within the Chuditch production sharing contract and the reason that Baron has maintained its entitlement to invest into SundaGas TLS since 2016,' executive chairman Malcolm Butler said. 'Now that the Chuditch PSC has been confirmed and the guarantee bond posted, the work programme over the next three years is designed to further define the size of the Greater Chuditch accumulation and the potential of nearby untested prospects, through seismic reprocessing and drilling, in order to formulate plans for commercialisation. 'The figures computed by Shell clearly indicate the size of
I have 10 Million shares, ...I hope it comes good and I'm sure it will,...yesterdays little spike just goes to show how quick this can go up, it's just a waiting game really, perfect for an RTO IMHO...very small MCAP ....as somebody with 50,000 posts said a few weeks back on this forum...sometimes a lot of money can be made from companies like this .....like I said, it's just a waiting game for me ...hopefully I'm right ...
atb
Yes unfortunately that's the way it is now ..
buy and hold for news IMHO
atb
A couple of buys at well over the ask...I can buy live now for 0.000116....
0.000118 is the current live buy price right now.atb
That some of the buys were showing as sells, I've just looked again on L2 and it seems the same for today..I think we were up just under 5% Pre market open so that kinda confirms what I'm saying...I dont think this is a pump & dump...