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Out of interest what would the share price be / market cap need to be in order to be in FTSE 250?
I'm finding it hard to put a mental value on this new venture. How much demand really is there for anti-piracy devices, in terms of serious growth?
If the price here opens and stabilises quite low, i will probably stick with it. If it's 1p or higher, i will probably have to take some off the table. It all depends on the prospectus, interest from the main stream investors etc. If it looks solid i would like to leave some here.
Hard to see past the last 10 years of "pain" lets say of this investment, with so many false dawns.
Sounds good. I have 3+ million - managed to average down from the old 25p days in 2010 to just under 1p, so if we get anywhere near 1p, i at least stand a chance of getting my money back. After 10+ years, it would be quite nice for this journey to end in some kind of a success!! :-)
Quick question, what happens to our shares in our stockbroking accounts with the delisting from AIM and listing to main listing?
For example, i can see my shares in a Barclays ISA. I could do nothing with them being suspended. It now says "delisting" next to it.
Will there be an automatic swap to Guardian shares? Will NUOG disappear and Guardian shares appear? (I assume outside the ISA wrapper?). Will we have to follow a process to get our Guardian shares visible online to buy/sell?
I really want to avoid Barclays sending my a physical certificate and then having to convert / add the shares back in to an online stockbroker from a physical certificate, if that makes sense?
One would hope it would convert online somehow, but i wouldn't be surprised if it was more complicated. There must be some mechanism where shares can be converted from NUOG to Guardian without a whole ton of effort for everyone? (Ideally before the new listing, or on the day, not weeks after it goes live. Wouldn't want to miss out on any of the action!).
Any ideas guys? Thanks!
Any idea what 60m market cap valuation places the share price? (Is it 60m divided by shares in issue? Which i make 0.013. (So 1.3p?).
Agree that this is now a new entity, being used as a tax shell to allow the new company to offset past losses against future profits, so really pre de listing price has no bearing and the valuation should be based on the new company, it's prospects and the bonus of being able to offset future profits (taking in to account the number of shares in issue etc).
Sounds like things are moving forward so that's positive. Start of a new chapter. Strange to think this started off as an oil company and i may end up making some money from a tax shell formed in to an ship anti-piracy company!
Hi all. Just catching up with this one after many years. I started here with ENEGI oil back in 2010! Then the ups and downs of NUOG. Seems like there might be some light left here after all these years. Just been reading up on the proposal and possible listing. So is this a move from AIM to the LSE? Sounds interesting and it's not like many of us have much of a choice if we want to recoup or make some money :-) Looking forward to seeing what happens.
So as mentioned before, i'm an old Arian holder, average 75p! So not expecting much here, in terms of getting my money back. Although, if i did spend 1k, it would drop my average from 75p to 10p. (Or 2k would drop it to 7p).
Has anyone run any numbers on the various prospects, silver value, future plans etc of Alien with a goal of estimating a market cap and share price in the future on certain successes? What is people's view on short, medium and long term here in terms of Mcap/SP?
Just for discussion purposes really. Would love to get excited about a silver play again, but need to do some more e research etc. Thanks!
Out of interest, do any of you guys also hold your own physical silver also? I have around 320 ounces. Mainly bought the bulk back in the early 2010's when i was also positive on Arian Silver! But in recent years, concentrated more on silver sets, such as the Lunar Series, which takes 12 years to complete a set, as 1 coin per year. I like the idea of holding physical and shares. How do you guys split your portfolio? As well as cash, some shares and physical silver, i also do a bit if Crypto.
What was worse for me, is that Arian snatched defeat from the jaws of victory so to speak, just about to turn a corner and they didn't have enough cashflow or whatever. I try not to relive the nightmare :)
At least there seems to be some life here. Will do some research to familiarise myself with what's going on and future prospects etc.
Hi everyone. I'm an old Arian Silver shareholder. I'd pretty much written off my Arian Silver investment many years ago. I'm trying to get back up to speed to what Alien Metals is up to these days, as it appears from quick glance to have turned a corner somewhat in the last 6-12 months.
I think i need a price of something like 75p to break even :-) Good times hey?
Anyway, just wanted to say hi, as I try and catch up on what Alien Metals is up to.
You never know, will a silver bull run and such I could make something back one day, or maybe i'll even average down, if i'm feeling brave! Ha ha. (£1000 invested would leave me only needing 11p to break even! Not that i have a spare 1K)...
Lets hope so. The fall from 1p since the New Year has felt a bit over done. Feels like strong foundations are being set for some deals and a business model that can expand. Of course i wish we'd got GHS up and running and any other kind of deal over the years, but GTW seems like it might just be the thing that turns this company in to a success (and allow those other assets to be properly developed as well).
And because i know the trolls love to bring it up - #excitingtimes
Hopefully this new forum will be followed up by some positive news so we can see what Gas2Wire is really about and how these deals will work, what value they will bring etc. I'd take one deal for now, enough to prove the model and stop the need for any further placings. And see how it goes from there. Although I wouldn't say no to two deals in quick order!
Here's an extract from that post from October last year. Add this GTW... for which i have no clue how to try and value a deal personally:
"...Some previous calculations as to the potential. After all isn't that why we are all here? Potential.... if there was none, why invest, so we've all seen something here. If it comes good, we'll all be much better off. If not, then that’s the roll of the dice we all take.
#NUOG Brazil Producing field valuation
Assume 10,000 bopd
Prod costs £82m
Loan/cost recovery £19m
Net revenue after tax £79.4m shared between equity holders
50% to MFDevCo
£19.9 million to NUOG less op costs £18.9m earnings
Change up or down depending on your research and risk approach.
Then there is GHS, GHS farm in, H&D, MF deals 2, 3 and 4..... Slow progress yes, but if MF deal 1 is as big as we think, we'll all be happy we waited...."
Credit to Seadog i believe for the maths a while back, but even my amateur back of a fag packet calcs work out roughly the same.
One deal... is all its going to take to transform things here - and from there we'll steam roll i do truly believe.
Mid 2010 for me and i remember buying at 20p+.... so i'm happy with my 1p average given the potential here (like you say Blanka, taken some faith/balls to do so!).
Good times ahead with a new man at the helm i hope. Back to 20p would be lovely!! :-)
Available on the NUOG website under News & Media or via this direct link:
I for one will appreciate any feedback anyone attending the AGM can give. Also, no rush, as i know you all have travelling to do and some on long journeys. Sometimes we get a bit impatient for news or feedback. Let’s be patient and grateful for people taking the time to keep us informed.
GTW RNS this morning is interesting. So we have MfDevCo which is looking at multiple marginal OIL fields..... now we have a completely separate wing, not previously discussed, very much officially anyway, looking at marginal GAS fields. We've just added a whole new business focus.
Yes this can be seen as jam tomorrow, another partner. But, i get the feeling when one deal lands, on either side, even if small and only enough to pay the day to day bills and avoid future placings, that things could turn rather quickly here and we could see ourselves with several deals in quick order.
One deal proves the model. One deal should pay the bills and give us more money to employ people and look for more deals. I can see this snowballing.
Alan retiring is also good. He deserves his millions when deals are signed, he didn't fold ENEGI for which i give him credit (and otherwise would not be here in NUOG today) and for building a consortium. However, i also feel he was the reason many deals were not signed, potentially his desires not lining up with returning shareholder value.
New chap looks really good and i for one hope he intends to reward shareholders and build a growing business.
Damien is up for re-election next year, so also incentive for him to deliver (or be seen to) as i think NUOG are much more aware of the strong and large shareholder base held with PI's that can come together to effect change if needed.
I first invested here in 2010. So 2019 being my "10th" calendar year, i very much expect to be the best year yet.
That's 100% true Wombat, at the moment i think we suffer from doubt and overhang from the old ENEGI days. A new company would probably have had a clean record and with this many assets and the potential that just one deal will unlock, would probably already be sitting at multiples of 1p in anticipation.
One deal proves the model and bring credibility to the consortium. The market will hopefully realise what's here when that happens and i think we could be in for quite a ride.
Plus deal 1, if big (like Brazil) will hopefully lead to Alan retiring in to the sunset on his yacht a hero and we can introduce some proper 21st century corporate governance that is needed if we are to move in to the FTSE 350/250.
Therefore a double whammy - major deal and change in company ethos in relation to shareholders. The latter has been missing for some time, but i can see the light at the end of the tunnel. Deal 1 changes everything.
Great post Seadog. Reminds us of why we are here and what we are waiting for, as well as the realistic down side. I do think when the first piece of value add news arrive (MF deal 1) it will unlock all of this potential, because we will have the income to hire more people to go after all these deals. I like to think of it as a snowball rolling down a hill. We just need that last little push and i think we'll be off.