Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Major shareholders
NameHigh Power Petroleum LLCShares33,103,569per cent of issued
72.21%
NameD Maritime LimitedShares1,695,314per cent of issued
3.70%
NameCavendish Asset Management LimitedShares1,521,037per cent of issued
3.32%
NameNortheastern Oilfield Services LimitedShares1,448,687per cent of issued
3.16%
The test of Cobalt’s business model is taking place today at the frontiers of oil exploration.
In the 2007 and 2008 U.S. Gulf of Mexico lease sales, Cobalt captured a substantial and highly prospective acreage position, locking up a 10-year controlling position in high potential deepwater, sub-salt exploration plays in the ‘heart’ of the U.S. Gulf of Mexico’s deepwater Miocene and inboard Lower Tertiary trends. Cobalt has spent more than $600 million to build this portfolio of opportunity. In only three years Cobalt established itself as major player in the deepwater U.S. Gulf of Mexico.
Cobalt is also an early entrant in offshore West Africa’s highly potential and enormous pre-salt opportunity through the focused capture of a significant acreage position in Gabon and Angola. Offshore West Africa is an area where Cobalt team members have vast experience in hydrocarbon exploration, development and production.
Mike Ashley launched a fresh attack on Debenhams as his firm Sports Direct unveiled plans to buy £15million of shares back off investors.
Just days after failing to seize control of Debenhams, Sports Direct said it will purchase 5m of its own shares in a bid to boost its market value.
The company said the buyback was to thank shareholders after the tussle over Debenhams.
Yeah I know but I'm sure he is still looking to get a consortium together to challenge the takeover. All news is goid
I call on the authorities to reverse the administration process so that a full, better and appropriate solvent solution can be found. This solution would include allowing myself and appropriate senior Sports Direct management access to detailed information to save the business for all stakeholders. The board of Debenhams and its advisers have sought to stifle and exclude us from their so-called process and have undermined and blocked our various offers of assistance as they carried out their underhand plan to steal from shareholders."
Administrator FTI Consulting will seek a sale of the company immediately. Sports Direct said in a statement after lenders took over that while it does not intend to make an offer for Debenhams now, it reserves the right to do so in the future, under certain conditions.
Sports Direct insiders insist that Ashley is serious about a proper bid and is lining up options to refinance Debenhams’ debt.
Bid possible
Just out. Facebook to buy Debenhams
http://www.cityam.com/275402/facebook-set-snap-up-debenhams-hq-embattled-retailer
Ascent announces the lawsuit
We received his reply on Tuesday, March 12th, after the Board of Directors of Ascent Resources decided to change the strategy of operation. It foresees the expansion of a project outside Slovenia, while at the same time it will remain active in Slovenia. And despite this, the announcement of the first announcement by Ascent Resources on Your Oil and Gas News that they will lodge a complaint against the ARSO and, in cooperation with legal experts from Slovenia and London, will also prepare a claim for compensation, because they are both ARSO and competent the ministry violated the legislation and exceeded the prescribed deadlines. Any claim for compensation should take into account the amount of Ascent's investment in the project, which so far exceeds 50 million euros, and future expected profits that could be created.
Could be here
The trial is expected to commence early in the second quarter of 2018 and to last for approximately 18 months, which includes the time required to prepare the New Drug Application for submission to the FDA.
Being spread on Twitter herd coming
Could rise on little buying pressure