Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Best to go to website www.starphoenixgroup.com
It's still around but no longer listed
It's all on the other discussion page (sres) Sunshine Res Up 5.26% today
Can anyone attend this meeting when we get a date. Sounds like the end is nigh
"if you wait a couple of years " Don't know if I have a couple of years so I'm making this year my last in the market. I have two shares left JLP and SRES and depend on these to allow me the comfort of a good nursing home when the time comes. So, I'd rather not have to wait a 'couple of years'. Good luck all
sammy
Might be worth checking this out, From Kendrick (BMR) website
20/01/2021 BMR agreement to acquire nickel and vanadium interests in Scandinavian projects from Pursuit Minerals
They are now known as Kendrick Resources so there might be some development sometime, maybe relisting or maybe not!!
Haven't looked at this one in a while. Only 85% down Hope springs eternal!
Star Phoenix Group Ltd Outstanding payment update
15/05/2020 12:17pm
UK Regulatory (RNS & others)
Star Phoenix (LSE:STA)
Intraday Stock Chart
Friday 15 May 2020
Click Here for more Star Phoenix Charts.
TIDMSTA
RNS Number : 0862N
Star Phoenix Group Ltd
15 May 2020
Star Phoenix Group Ltd
("Star Phoenix" or "the Company")
15 May 2020
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
OUTSTANDING PAYMENT UPDATE
Star Phoenix (AIM: STA), an international company with an oilfield services business in Trinidad and an oil and gas interest in Indonesia, advises that it has received a partial payment of US$424,000 out of the total outstanding amount of US$1,000,000 from LandOcean Energy Services Co., Ltd. ("LandOcean") pursuant to the sale of Range Resources Trinidad Limited. The remaining cash consideration (subject to an interest rate of 8% per annum calculated from 31 March 2020 until the payment is received) is now expected to be received on or before 20 May 2020.
This announcement has been approved by Chairman Kerry Gu on b
Sold out this morning I've lost enough
Drop continues .No buys recorded since 31 Jan. Future seems bleak
For what it's worth I've added my small holding to the NO vote
Close up 104.55%. Only need another 2100% to break even. Maybe early next week LOL
11p
https://m.ultimahora.com/petrolera-britanica-proyecta-perforacion-pozo-2014-n746846.html
Translation
The article is dated Dec 2013
British oil company plans well drilling in 2014
DECEMBER 05, 2013
If the geological studies coincide with the first data already obtained in the area, the British oil company Amerisur plans to drill a new exploratory well probably in the third quarter of next year.
This was announced by the company's executive director, John Wardle, who explained that the company is carrying out an exploration program in the areas of San Pedro and also in the Chaco, where it holds exploration permits for the Coronillo, Las Palmas and Espartillar He affirmed that they have already carried out several studies of the Paraguayan subsoil, which indicate a possible presence of hydrocarbons.
THERE ARE CONDITIONS. However, he clarified that they are still indications. "What studies say so far is that we are almost on the verge of saying that there is oil, because conditions exist; The question now is to see if those accumulations are tradable. You have to have a certain size and quality, not only of the hydrocarbon itself, but also of the deposit, and a system of pressure that must push and release the oil, "he explained.
The businessman added that several of these points can only be tested by means of a perforation and are now in the most advanced part of the San Pedro block, near Choré.
Anyway, he was very cautious and said that in this type of business one must prepare for success and failure. "When one is exploring in virgin basins, without a commercial production model, we often arrive with the first liter of Paraguayan crude, but that does not mean that we become an oil country. It is already a country with oil, but it would be to do a next stage, which is to define how commercial the discovery is. Therefore, we should not oversize the project, as it is a process and in a very technical way we must move forward, "he said.
. He recalled that Amerisur has been conducting studies in the country for 5 years now and has invested USD 7 million, with the possibility of investing another USD 20 million, should the project progress.
He explained that Amerisur Resources is an independent oil and gas company listed on the London Stock Exchange and focused on South America, with assets in Colombia and Paraguay.
According to official reports, the search for oil in Paraguay dates back to 1947 with the drilling of about 50 wells, without success so far.
Under the government of Federico Franco, on several occasions the imminent start of oil extraction in Paraguayan territory in both the Chaco and the Eastern Region had been announced, even the former president even said that the Paraguayans would "bathe" in oil .
8% up this am But then I'm 93% down.
But a rise is a rise and two in a row must mean something's happening
To take this payment in shares might suggest Land Ocean see some value in them. ??
Todays price $9.1 or £7.9 per ADS = 79p per share (aprox)