The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
https://twitter.com/MitchelmoreMHA/status/1047800501562163201 Richard Spinks centre of the pic attending this mornings local gov forum.
If you look at Westmount, they mention cash so yes money changed hands.
The Board of Westmount is pleased to announce the acquisition of net profits interests ("NPI") in three offshore UK petroleum licences previously held by Infrastrata Plc ("Infrastrata"). The transaction has been funded from cash generated through the sale of existing investments.
Quite, if this link works it gives some insight to RGS from 2005 and who you are invested in for what we hope next week brings. https://bit.ly/2xWKk7J
Nice buys, those trades have been pushed through Nex
https://www.nexexchange.com/company-all-latest-trades?isin=GB00B1YMN108&listingtypeid=PLSU
Video from Gary of NAE on Redmoor: https://www.youtube.com/watch?v=ENUojn9fWK8
Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces confirms, further to the announcement after the AGM on 23rd July 2018, the application process for the Crown Timber Licence and Forestry Management Agreement has continued with the Government of the Province of Newfoundland and Labrador ( the "Government'). The Government has confirmed to the Company that the application and award process remains under the final stages of active review by all relevant Government Departments. Further announcements will be made as soon as practicable.
Richard Spinks has said in interviews it's a pre-requisite for NFL that off-takes are already in place.
Technology tested with IP in place ✔
Approved by an EU country at government level ✔
RNS to suggest indicative financing already in place ✔
On record saying sales/off-takes already in place ✔
Larger deals to come off the back of NFL, with financing and off-takes ✔
Disruptive ✔
Peatswitch & Young Living forgotten about but potentially lucrative in it's own right ✔
Indeed, if locals were against it, if they thought the licence would mean job losses and even on getting the FMA if AEG didn't know if they could sell the product, I would be worried. As it stands the reverse of all of those points stands true.
Most director buys in recent years are in the 2.9p to 5.5p range, recent options to reward success are at 4.5p & 8.5p
Last placing at 3p, CLN's are convertible at 3.3p, I think anything around high 3.x is good value on the assumption AEG are entering commercialisation.
Yes April presentation stated:
1,211,000 hectares on the Great Northern Peninsula, proximate to ocean port facilities, at Port St Anthony, with direct access to shortest possible shipping routes to Europe from North America