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IBug thats a bloody long pipeline, perhaps SS could make it with some more confetti ?

Carrot, that made me laugh, brilliant.

best ts

Iwonttell, thanks for that you could well be correct in your understanding, I have not looked it up, I like your description

" murky grey perhaps " I'll go with that. But not gone bankrupt just insolvent, yes there is a difference, could end up that way mind .

Scarlett its Rhein thats insolvent not BCE so no name change required ( at least at the moment )

As has been said we will have to wait & see, fingers x

Applebee, yes I agree they did but it does not suggest or even hint at insolvency, in fact just the opposite.

· The Company has also engaged with approximately 90% of the creditors of Rhein Petroleum with the aim of agreeing a reduction in liabilities and a deferred payment plan based on future cash flow generation of Rhein Petroleum. The Company expects Rhein Petroleum to enter into a formal process with its creditors shortly which provides for an up to three-month negotiation period.

" based on future cash flow generation of Rhein Petroleum" how does that work in insolvency?

somebodys taking the P11S

ts

Hi all, haven't looked in here for a while and don't normally post but I find it strange that BCE would have put Rhein into admin / insolvency on the 8th July given what is stated in the update rns of 28th June because that would surely mean the directors were deliberatly mis-leading ( lying ) in that update, they would at that stage have to have known.

Just my take on it, if indeed its true, I have tried to find some info but failed.

I like many of you stand to loose a substantial sum, fingers x it turns out ok.

best ts

IVS think you maybe right, " someone is definitely playing this stock"

yes the MM's are bored so playing ping pong.

0.5 You having a laugh, I wish, always fancied a Masseratti but cant get the dogs in the back so I could have a pick up as well.

WG. interesting theory but what if sanderscam forgoes his golden handshake in preference to becoming CEO of the merged group, that of course would mean as a larger business he would be entitled to a larger salary and would open up a lot more oportunities for him to raise more money from unsuspecting PI's , oh and add in a bit of bonus for himself for all the extra work.

It would be a good fit as Angus seem to be on a similar failed management route of which SS has years of experience.

Rhinocol, you can only deal through an approved broker, not JPJ if you have one they will be able to tell you what their fees will be, probably more than normal trading fees.

J P Jenkins charges the company ( Superdry ) that fee starts at £10k / annum minimum, which is why I dont think Superdry will continue with it for long, its just to appease sh to get this done. imo.

best ts

Pumpky, with respect may I suggest you read the RNS again, it clearly states that TODAY is the last DAY of trading so you have until 16.30. the delisting becomes effective at 8am on Monday.

I sold out day's ago, my veiw is the J P Jenkins facility will be short lived.

wishing you the very best TS

J2U the light you see is just Sando with a torch looking for the next mugs he can fleece but dont worry it will soon go out the battery's nearly flat.

Insidious, significant progress!!! can you tell us all what your on because we would all like some. SS is correct though in relation to sp being more reflected and sustained, downwards!

You might like this song, it was written for SS https://www.youtube.com/watch?v=OC06Z6lCB_Q&list=RDOC06Z6lCB_Q&start_radio=1&rv=OC06Z6lCB_Q

anyway you have given me a laugh for this morning, I wish you the best.

One would think / assume that given Deltic are jv partners with Dana and they were involved with Pharos that they would have shared info on this area ? surely Deltic have taken steps to discuss with them before hand and obtain their opinion as they would be obvious jv partners to turn to later on, or am I expecting Delt to have used to much common sense?

best TS

O_P the answer is yes S P Angel are the broker BUT also Flagstaff are Angus' PR/IR advisers which is why none of the questions you stated were asked, plainly a joint effort to tell us all how wonderful it is, the garden is full of roses and we are all going to make a fortune!! hmm we will see, jury's out on that one.

Best TS

Purdey1 me too, in fact my finger will be hovering from 25 onwards. I too have been trading ( investing ) for over 35 years and still make the mistake of hanging on for just that bit extra, always seems like a good idea at the time but is usualy a mistake.

best TS

Caesar, my guess would, if successful, be in the 20's .

FWIW ( not a lot ) I added a few yesterday with some loose change on my account, last trade of the day at 7.17 shown as a sell given it was under mid price which points to the earlier trades at 7.25 being buy's , shows there is some interest maybe or just speculative like mine.

Hey Ho good luck all.

TS

Looking on SGN's website they appear to be a contractor providing services to their clients ( the owners of the facility ) by way of installation and maintenance.

So who's going to pay them to connect a pipeline to dorset? certainly not SS, just another opportunity to for him to continue with his over inflated salary.

Best TS

Ahh! another help keep my salary coming in rns from SS.

" Separately from Envoi's mandate, active discussions are ongoing with two UK listed energy companies interested in pursuing the farmout opportunity"

WHY would you pay another company when you are in discussions whith 2 interested parties? Answer, maybe because they aren't so interested if indeed they even exist which is probably the case.

SS desperate now, he sees his salary coming to an end.

Taverham, SS will be 68 in June according to company's house DOB JUne 1956

Richard98, that will come later in the year, give her a chance !!!!

I note that we ( ORCP )on this RNS have now become " Oracle Power PLC (AIM:ORCP), an international project developer "

I'm eagerly awaiting the first PROJECT DEVELOPMENT it may just help the sp.

Bets TS

Olwi, I wouldn't read to much into that, obviously like myself, to you £40K is a fair bit of dosh but I know a number of wealthy people with several Mil; in the bank that £40K would just be a loose change punt.

Best TS