Firering Strategic Minerals: From explorer to producer. Watch the video here.
We need this moving very soon middle east is infested .Africa is the new frontier I am hoping the people of Africa need this change of politics by religion and haterate.
8.2mil it's a lot of money when the oil price is under 55 dollars .
What are the odds
I have checked the office and looks like business as usual next door offices inquired no mention of staff loosing jobs that's the best I can come up so far guys
March 20th 2013 27p target .what is this rns going to give us I am confident we will get over this is
The days have gone past for going bust I belive looking forward to a surprise here for spike
Let me ask you some questions how is the assets are split
Read every single rns he will not forgot to mention we are in talk with jv partnering negotiations are on going he mentioned this deal .
Guys just digest the rns with the attention to detail this is not a asset disposal it's on paper and for aim rules only .its a jv agreement where it kea was in a financially good health the money should have change hands it's asset swapping for raise more funds and keeping 30% of asset interest and change into a investment company and share a small % when it's come to Shannon drill once the company is stable from financial it's a reverse take over its more complicated I am understand why Ian do t won't this to go bailiffs he and his family and friends got millions tied up .look at the company they are dealing with its a oil and gas rescue plc in my terms where if directors have money tied up they go to there guys they will help them short term to recover and eventually get there money back this a long term strategy at least one year .....i am sorry if I am going to upset some investers here but this is the real picture he will not let this go down the drain he got lot to loose than any one in kea
So investment company it's going to invest back in to Shannon through another company .All the debt is settle looks like there is a new chapter opening up
Absolutely good deal going forward and good deal for share holders as well . Future is looking lot brighter they are in negotiations about other assets
It's not a fire sale or bust it's going to be a refinancing with Shannon drill and jv partnering .If this is a lost horse storey it won't take this long to find it keep the hop up investers it's going to be a happy ending
It's not matter of trap hitting oil it's there its the bad luck they are tied up by the creditors to squize much more out .winners on this is us once the rns out
I recon the financial issues will be put to bed with rns there is no way directors and creditors are going to wake away from a fully funded drill this is a very good punt for true aim traders it's going to be multi by next week good luck all
Having knowing the team working in this project with your industry contact what do you think of the drill .....Some point 2014 chariot on 30p
Having rig on its way to spud and directors are in talk with other operators in the near by block for cost reduction on producing well to increase the cash flow to support the balance sheet it's on the knife edge if they can find a solution I am full of confidence after reading the director's background and the work they have done on there previous jobs this will touch year high in weeks .....
What a risk and reward rario. 45 days money left and drilling commence very shortly
year high 9.5p