Absolute Equity fund and have sold these share stakes...
The fund meanwhile raised around £3.9 million over the last week by offloading the entirety of stakes in Rose Petroleum (ROSE) and Enteq Upsteam (NTQ), slashing exposure to Horizonte Minerals (HZM) from 8.2% of the shares to 0.3%, and reducing holdings in Scancell Holdings (SCLP) and Malvern International (MLVN).
He is a very long term ANGRY investor AUSTON His strategy is to shake up the BOD as they fail to respond to investors emails I've followed the CEY board for yonks and he is a genuine investor m8 Agree has strategy is rather unusual ATB
RNS only show the beneficial owner NOW Not who the shares were bought from In truth every owner of shares traded is unknown as the London stock exchange does not release confidential information
SUSTAINABLE CAPITAL have increased there holding in Shanta today (RNS) by over 21.000,000 shares. Could these shares be from the City Financial fund that may be liquidating it's Shanta holding of 26,000,000 shares GLA
Thanks m8...I need 50p to break even They are talking of 550m of recoverable oil if all zones come in
Alkaid is a potentially vast oil accumulation with significant follow on drilling opportunities in the immediate area where prospects have already been delineated. The P50 Technically Recoverable Resource at Alkaid is estimated to be 549 million barrels of recoverable oil across the three independent zones. The Alkaid prospect is located near the Dalton Highway and the Trans Alaska Pipeline where its geographic location would expedite and minimize cost of commercial development of any discovered oil.
"I am extremely pleased with the progress at Alkaid. The ice road and rig mobilization were accomplished ahead of schedule. We are now poised to test three large potential hydrocarbon accumulations. Success in any one of the three could be a huge success for Pantheon shareholders, opening up the potential for expedited development because of the location. The entire team of Pantheon employees and contractors is to be commended. I look forward to reporting the results of the program in due course."
"I am also very encouraged by the developments at Winx-1 where we have also encountered multiple potential pay zones in the primary target as well as in one of the secondary targets. We will need to await logging operations before we can make a more meaningful assessment as to the potential of the well, and we look forward to these operations with cautious optimisim."
MRTIBBLES on the CEY board is THE man. He knows everything and posts long detailed posts. He only has CEY and has been invested for decades...since CEY started to develop their only productive mine...Sukari CEY have a 50/50 profit sharing scheme with the Egyptian Government and provide lots of employment and income to their economy. So hopefully are safer than most miners in Africa. CEY produce 500,000 oz of gold from the Sukari Gold mine ATB
GOOD for you LAKS buying in at a cheaper price than me CEY is a quality share and with all the recent takeovers of the top two major gold players going on.....CEY could one day be in play ATB