Member Info for mulledwine

http://www.oilbarrel.com/nc/news/display_news/article/hardy-oil-gas-spuds-a-second-well-on-its-potentially-high-impact-acreage-in-the-krishna-godavari-b/1209.html

Buy Restore at 34.75p Argues Tom Winnifrith of t1ps.com Restore (RST) was originally tipped on t1ps.com back in November at 28.5p. Since then the share price has increased by 22%! But expert tipster Tom Winnifrith believes there is still further to go and continues to rate Restore a "buy".

OJSC "OGK-2", as a borrower, and LLC "EUROFERT TRADING LIMITED", as creditor, concluded a Loan agreement. OJSC "OGK-2" was granted a loan in the amount of 5 000 000 000 (five billions) RUR for a period of 60 (sixty) months since the date of granting a loan with interest accrual for the loan use in the size of 8.4 (eight point four)per cent per annum. Duration of loan agreement: 60 (sixty) months Volume of the agreement on the part of asset value of OJSC "OGK-2" in monetary terms: 7 100 000 000 (seven billions and one hundred million) RUR; per cent per annum for the period of 60 (sixty) months will amount 2 100 000 000 (two billions and one hundred million) RUR. Volume of the loan agreement in percentage term on the part of asset value of OJSC "OGK-2": 15 (fifteen) % of balance sheet asset. Asset value at 30.09.2010 amounts 47 305 182 thousand RUR. Date of loan agreement: 21.12.2010. The decision of concluding a loan agreement was adopted by the Board of Directors on its meeting of 07.09.2010 (Minutes of 10.09.2010)

http://www.investegate.co.uk/Article.aspx?id=201012290700066287Y

Standard Chartered (STAN) From top chartist Zak Mir Given the volatility in the sector it could be said that over the bulk of the past year Standard Chartered shares have followed a reasonably steady path. This is something said on the basis of a rising trend channel in place on the daily chart since May currently based at the black 200 day moving average level of 1,729p. While cautious bulls may wish to see an end of day close back above the grey 20 day moving average at 1,782p to act as a fresh buy trigger, the overall message here is that while there is no end of day close back below the 200 day line we can expect Standard to return to the best levels of the recent past through 1,900p by February 2011.

Buy Avesco at 122.5p Says James Faulkner of specialist small caps site WatsHot.com Avesco (AVS) was first tipped on WatsHot.com at the end of November at 80p. Since then the shares have risen by a whopping 53%! But small cap wizard James Faulkner, who edits WatsHot.com, believes there is still further to go. Every month on WatsHot.com, James provides two brand new tips like this on small cap stocks where he sees fantastic potential. To get all these new tips (including a brand new one tomorrow) plus a daily column from James with the latest small cap news and rumours, join WatsHot.com now. And here's why Avesco is still a buy... I wouldn't normally be drawn to a business like Avesco, a provider of services to the corporate entertainment and broadcast markets. However, the company could be in line to receive a cash payout of c.$60 million following a court ruling which ordered Walt Disney to pay almost $270 million in damages to Celador, a company in which it retains an interest. Avesco's management has said it has no other plans but to distribute the cash windfall to its shareholders. What's more, the company is trading well and there is strong downside protection provided by a net asset position of £36.6 million, or 146p per share.

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/new-and-recent-issues/new-recent-issue-details.html?issueId=8568

Renewable Energy Holdings plc ("REH" or the "Company") Re: Carnegie Share Purchase Plan raises over $6 million Please find below an announcement released on 24 December 2010 by Carnegie Wave Energy Limited, in which REH holds 232,600,000 fully paid ordinary shares, representing 29.06% of the entire issued share capital: "24 December 2010 Share Purchase Plan raises over $6 million Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce that its Share Purchase Plan has closed oversubscribed and raised approximately $6.2 million. Carnegie had previously announced that it had initiated a capital raising via a Share Purchase Plan ("SPP") underwritten to $5 million by Blackswan Equities Limited. Carnegie's Board of Directors has decided to accept over-subscriptions to allow all subscribing shareholders to participate. Carnegie's Managing Director, Dr Michael Ottaviano, said: "We are delighted with the enthusiastic response of our shareholders which has exceeded our expectations. The company is looking forward to an exciting 2011." The funds will be used to pursue project development opportunities, technology development and to fund working capital beyond the current commercial scale CETO unit deployment and testing, the results of which are due in Quarter 1, 2011. Settlement of SPP funds and issue of shares will occur during the week commencing Wednesday 29 December 2010.

http://www.investegate.co.uk/Article.aspx?id=201012241316026243Y

http://www.iii.co.uk/articles/13704/stock-watch-goals-soccer-centres

Highlights · Proposed Return of Capital of up to approximately £3.4 million to Shareholders · Return equivalent to 45 pence per Ordinary Share · Return to be effected by the issue of redeemable B shares · For every Ordinary Share held at 5.00 p.m. on 31 January 2011, Shareholders will receive 1 B share · Shareholders will have their B Shares redeemed for 45 pence each in cash on 2 February 2011 · Return is conditional on Shareholders' approval, which will be sought at an EGM on 28 January 2011 · A circular detailing the Proposals is today being posted on the Company's website and will be sent to Shareholders in due course

http://www.investegate.co.uk/Article.aspx?id=201012240700065698Y

Co-chairman Stephen Dattels commented: "The Board anticipates that the cash it has retained will provide sufficient working capital for the Directors to continue to develop opportunities for investment in situations which are, in their opinion, undervalued or capable of producing a similar level of return as achieved with the realisation of the Kalahari investment. The Board intends therefore to continue to implement its Investing Policy."

Financial Highlights * Holding in Kalahari Minerals Plc reduced to £nil (31 March 2010: £ 16,497,647) following sale of remaining 8,917,647 shares at £1.85 on the 16 April 2010; * Special Dividend of 7.13 pence per share - aggregate amount of £25,352,097 - declared on 16 April 2010 and paid on 18 May 2010; * Holding in Extract Resources Limited reduced to £nil (31 March 2010: £ 1,740,508) following sale of 368,721 shares at AUD7.00 on the 19 July 2010; * Equity shareholder funds decreased in period to £9,975,844 (31 March 2010: £35,867,184) following the May 2010 shareholder dividend; * Current assets valuation decreased to £10,001,338 (31 March 2010: £ 35,920,430) following sale of Kalahari and Extract holdings; * Cash reserves at period end remain extremely healthy at £9,990,019 (31 March 2010: £17,676,956); * Operating expenses for period below budget at £521,233 of which £329,953 related to a commission payment on the sale of Kalahari Shares (30 September 2009: operating expenses £347,952); * Net asset value per share as of 30 September 2010: 2.81 pence (30 September 2009: 10.70 pence); * Net loss for the six months ended 30 September 2010: £896,884 (30 September 2009: profit of £13,916,315 resulting from investment gains of £14,419 ,739); * As of the 30 November 2010, the Company's cash balances stand at £ 9,640,544, representing 2.71 pence per share.

http://www.investegate.co.uk/Article.aspx?id=20101224070000P47C7

Good to see a new customer added to the list of renewed contracts.

24 December 2010 Rheochem Plc ("Rheochem" or the "Company") New Supply Agreement in New Zealand Rheochem plc, the oil and gas business with oil services, production, development and exploration assets is pleased to announce that its 100% owned New Zealand subsidiary Rheochem Pacific Ltd has been awarded the supply of drilling fluids and related engineering services to TAG Oil NZ Ltd "TAG" for its 2011 Onshore Taranaki Basin drilling campaign. The supply agreement is for an initial five wells with the potential to add a further three wells based on drilling success. TAG is a 100% owned subsidiary of TAG Oil Ltd., a Canadian TSX listed company with international operations in New Zealand. The Company holds a drill-ready prospect inventory that covers more than 3,500 sections of land in the Taranaki and East Coast basins, including a 100% interest in the producing Cheal oil and gas discoveries now under appraisal and development. Haydn Gardner, CEO of Rheochem said: "We are very pleased that TAG has chosen Rheochem to provide these services for their Taranaki operations in New Zealand in 2011. This is a new oil and gas customer for us in New Zealand and builds on the geothermal contracts already in place."

http://www.investegate.co.uk/Article.aspx?id=201012240700065693Y

Details Discovery Metals Limited announces results for the second set of drill holes from the infill drilling program at Zeta Underground, beneath the area planned for open pit mining. The Zeta deposit is a part of the 100% owned Boseto copper project (Figures 1 and 2) which is being developed to commence copper production in early 2012. Planned production is 36,000 tonnes of copper and 1 million ounces of silver per annum over a minimum 15 year mine life. Discovery Metals' Managing Director, Brad Sampson, commented "These drill holes continue to impress, with intersections being thicker and with higher grades than previously allowed for. Further drilling is required before the Zeta Mineral Resource can be updated, but these results provide further encouragement for our planned underground development at Zeta." The 13 holes are the second set of drill results reported to date from the planned 50 hole in-fill programme (approximately 13,000 metres of drilling). Results from the set of holes above the current reported data (approximately 200m depth) were reported on 28 October 2010. The current reported holes intersected the target mineralised horizon at a vertical depth of between 250 and 300 metres at approximately 100 metre intervals along a strike length in excess of 1,000 metres. The remainder of the current drill programme, which is scheduled for completion in Q1, 2011, will concentrate on gathering further data from below the current set of reported data, where previous deep drilling has shown that mineralisation at the Zeta prospect remains open to at least a vertical depth 600 metres below surface. The drilling of the next set of holes designed to intersect the ore horizon at a further 50 metres down-dip is almost completed and should be reported in January 2011. A second high grade zone, along strike to the southwest, has still to be tested, and some data from this zone is expected to be obtained in the current Q1/2011 program.

Highlights * New Zeta Underground Infill drill intercepts (240 to 330m depth) confirm significant widths of copper and silver grades better than the average assumed in the Boseto Development Plan (1.4% Cu and 23.1g/t Ag) * The best intercepts include: 11.7m @ 2.0 % Cu & 42.4 g/t Ag from 274 metres 10.0m @ 2.0 % Cu & 35.9 g/t Ag from 223 metres 7.9m @ 2.0 % Cu & 40.2 g/t Ag from 267 metres 7.0m @ 2.2 % Cu & 48.1 g/t Ag from 322 metres 6.0m @ 2.2 % Cu & 45.4 g/t Ag from 276 metres 4.8m @ 2.2 % Cu & 45.5 g/t Ag from 240 metres * Results will update the Zeta Mineral Resource for the Zeta Underground Definitive Feasibility Study which is on target for completion in H2/2011.