Member Info for theoilbarron

Dealine for capricorn energy takeover is tomorrow at 6pm - it was an error stating friday earlier - up 6.5% today so far

Error deadline for Capricorn takeover is Wednesday 6th may at 6pm for anyone interested

Thanks I stand corrected - deadlins as per rns tomorrow 5pm

Where is deadline published

The SP is starting to climb £3.20 hold on to your hats as we get closer to Friday - seriously undervalued just maxed out have £25k invested in my Isa now

My best gestimate is an offer all cash of between £5,50 an £6 a share

It is 6pm on friday 8th may - deadline for capricorn to accept the offer - still time to cash in on another oil co this week whilst PANR await news in late summer

Capricorn energy worth a look - debt free 100m in bank and £3 a share with Nav of circa $5 - they produce 20000 barrels oil per day and saudi operator is due to finalise deadline day takeover all cash bid by Friday 8th may (this Friday) cannot see bid less than £5,50 a share - current SP £3.10 - worth a look LOVE OIL at $110 a barrel - lets hope BP hike there generous dividend in coming months oil is licence to print money at moment DYOR GLA

Looks like a day of profit taking and a slow decline down to 85p levels as I predicted earlier post - for us long termers the value will out as Iran war is great catalyst for growth

Just bought in here - fingures crossed for a blue month or two

Check out capricorn energy takeover all cash bid to be stated by this friday current SP£3.09 debt free 100million in cash at bank producing 20000 barrels of oil per day at $ 110 a barrel - net asset value is cica £5 - so any bid will be £5.50+ - chance to make a decent return on a quality company DYOR

Not long to wait till Friday and news as to the status of the all cash bid from saudi operator. Just think maybe they have paid debt off so that totally debt free makes the all cash bid easier to calculate. With or without a formal offer these are seriously undervalued and brent crude is over $112 a barrel - so its a licence to print money top up or get in now these prices of £3 wont last long

Capricorn would be the ideal purchaser no problems getting licence transferred to a LSE listed co with HQ in Scotland - much depends on whether Capricorn get bought out by an all cash saudi bidder on Friday this week - they are seriously undervalued SP of £3 vs a net asset value of £5 and totally debt free with £100m cash in bank - if interested in making money here Capricorn is the wise investment - not long to wait till Friday this week - profit can be rollled over here for 20th May deadline DYOR GLA

I bought in at 80p so sitiing on a small gin from last week 80% rise - these are strong for a rerate up to £1.96 DYOR GLA

For those who are after another 100% gain check out Capricorn energy - they are debt free have £100m in bank and producing 20000 barrels of oil per day at circa $100 a barrel - they are subject of an all cash take over and deadline is Friday 8th May there NAV is £5 but have current SP of £3 - £5.50+ will be the cash bid on Friday imo they are significantly undervalued just like Synthomer worth a look those who took some profit amy want a new home temperory that is for another 100% gain DYOR only invest with some research

For those wanting a fast return check out capricorn energy CNE - they produce 20000 barrels of oil per day are debt free sitting on a cash pile of £100m - there NAV is £5 current SP £3 - they are subject to a saudi take over at moment and deadline is friday 8th May - should be quick 100% profit in all cash take over have a look at them it will ease the pain till ** have some more news later this summer GLA

Think things are festering here for another month - would like to see 12p levels being tested but cannot see it till June.

For those traders out there who are the bain to Panr - check out Capricorn energy CNR - they are producing 20k barrels of oil per day are debt free and have a takeover decision all cash saudi bidder to make on friday 8th May - they are £3.02 a share but have net assets of £5,20 a share free of debt and £100m in cash in bank (plus 5 months of trading since last results of $100 a barrel of oil - a takeover price of circa £6 will do the job FRIDAY THIS WEEK for a n easy 100%

From last accounts Total assets $513m less total liabilities $139.70m = $373.7m plus $81m Egyptian gov - $30m debt paid = $424.3m net assets in £ = 313.92m divided by 70.56m shares in issue = £ 4.45 pence per share is real value this does not include 5 months of oil at circa $90 a barrel So true vale of company now stands at about £4.90 per share. For the take over to be successful I would expect a25% premium to net asst value so this gives £6.12 pence per share a 100% premium to the current SP

These are significantly undervalued and now totally debt free with a cash pile of circa £100m

Buy now as these prices wont be around for long

Who is the company wanting to buy Capricorn?

Why do they need an aim listing when they have just raised 5m?

Think Ill buy in on Tuesday all seems positive re company and fully financed with 5m raise at 4p

So the shares may drift down to 4p levels same as placing price