Member Info for NaPoM

Announcement confirming the Sheikh as Chairman must happen b4 the close period starts 30 days prior to submission of the end of year annuals

Dan read up on the takeover rule re over 30% - the Sheikh would need to make a cash offer to all other shareholders at the highest price paid in the 12 months. Highest price was 0.6p.

Holding on to my golden tickets after reading that article.

"I will certainly be taking on a very active role within the business. It may take another month but I intend to join the board as an active chairman”

Sheikh looking to steer MXO (ADM Energy) as non executive chairman?

"......the late Sheikh Rashid bin Saeed Al Maktoum. His famous line, "My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel." reflected his concern that Dubai's oil will run out in a decade or two. Thus he worked to build up an economy in Dubai that could survive the end of Dubai's oil boom."

Quote from Sheikh Saeed bin Ahmed Al Maktoum, Seed Group website. The Sheikh is clearly planning ahead for his country, looking into the future away from oil.

http://seedgroup.com/

From article today

Dubai's Sheikh Ahmed takes a stake in Nigeria's MX Oil with plans to 'personally steer the business'

https://www.upstreamonline.com/hardcopy/1766754/uae-equity-wakes-up-to-african-opportunities

IMO the Sheikh could be using MXO as a vehicle to invest in alternative and clean energy. There is also a link to the Saudis as both countries are looking to the future away from oil.

Back in Nov 18, two state owned companies from UAE (ADNOC) and Saudi Arabia (ARAMCO) struck a deal to explore opportunities for collaboration in the natural gas and liquefied natural gas sectors.

https://www.euronews.com/2018/11/23/adipec-uae-saudi-arabia-strike-lng-deal-oil-ministers-talk-production-cuts
https://www.youtube.com/watch?v=4Y2Mkb7d6jk

Since then, both countries have recently signed or in the process of signing MOUs with Nigeria. Saudis plans to invest in the country that could lead to the construction of a new refinery and investments in liquefied natural gas. UAE is looking to invest in the country's infrastructure and develop a deap sea port.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/nigeria-and-saudi-arabia-to-draft-mou-on-oil-and-gas-oil-ministry/69067631
https://peervally.com/ondo-what-gov-akeredolu-did-with-member-of-dubais-ruling-family/

Could both these countries offer the finance needed for the phase 2 development to get to the gas reserves at AJE. Resource upgrade in yesterday's RNS suggests the partners are looking to improve the viability of the project.

Besharp - they need to publish the executed price of the trades at the correct time. They can delay the showing the trades for 48hrs but they are not allowed to alter the time and date.

Spike is a piad troll.

I dont think the Sheikh is invested to see MXO produce more oil. IMO He is here coz UAE is looking into the future away from oil and that is alternative and clean energy.

All there in black and white that your trolling MXO. You over repeating the negatives, drilling it down our throats like we dont know already. Old and new investors look forward to what this cash rich sheikh will bring to the table. Needs to happen soon before the close period starts...30 days b4 the annual report is done at the end of June.

Please do us all a favour stop pretending you hold. Your story does not add up. Ride the wave lol. Digging yourself into a bigger hole the more you explain yourself.

Paid trolls are working these boards.

Spike - the fact that you bought at 0.4 is a contradiction in itself. Why would you buy at that price if you think this company is overvalued. Your story does not add up.

Spike - 80% of AIM companies are loss making....why dont you post on their boards to share your so called wisdom.

Some of the large buy trades are no longer appearing at the end of the day. They are juxtaposed amongst other trades at different times with similar execution prices to make it look like they are sells. Large sell trades are showing up at the correct time.

Spike - you keep drilling in to us that this company is loss making, cash burn is high, not making any profiť, etc, etc. You keep mentioning in ur post - twice today and 5 times yesterday...not checked the days b4 that. You are a paid troll sir. Need to make it less obvious if you want to pass off as a concerned holder who got spiked at 0.4 which to me is unbelievable. Why would you buy at 0.4 if your keep saying that this company is overvalued. Logically not possible.

01/05/2019 16:30:55 0.3015 65,000,000 196.00k 01/05/2019 16:28:09 0.2798 67,553 189.01 01/05/2019 16:24:46 0.2798 600,000 1,679 01/05/2019 16:23:46 0.2875 740,000 2,128 That was a buy

Nothing in your post history suggesting you moved 85% of your holding to 88E. Your many posts on the RMP board on the 13th suggests you felt sore from your losses. Give it up spike..lol

Hey you lied again. I thought you filtered me. Lol