Member Info for Urraca

Must be aware that Xcite do not have the resources to repay, and that shafted shareholders will vote no, in whoch case they will get nothing. I think the ludicrous proposal which has been floated will be amended, so that shareholders accept in relief. So think carefully - what level of dilution would be acceptable? 95%? 90? 80? 75?. I think shareholders should articulate a firm resolve not to settle for less than 25% at a bare minimum.

Q3 profits? You're 'avin a laff. They ran out of money and couldn't borrow any more. That's why they're under the cosh. Sure they've got oil, but they're screwed. Bit like Venezula really.

The debenture was issued to AGR which is controlled by the Assaubayevs. They tried to take control of TPL last year. http://www.rigzone.com/news/oil_gas/a/139412/AGR_Energy_Takes_Controlling_Stake_in_Tethys_Petroleum

Court of appeal rules in TPL's favour, and all assets are unlocked. Still have tp ay the debt, but a few months breathing room, on this particular issue anyway. Russia trumps Assaubayev.

Maybe because the Govt is stopping the help to buy scheme

Haha, looking likely. But Ophir are ambitious, maybe they'll go for a quadruple bottom.

Looking at the chart for the last year, it looks like a double bottom formed, and we're now breaking out on the upside. But I'm not a chartist. Anyone out there do any charting, and have thoughts?

At last

I'd like a job in Ophir's PR department. Just snooze the days away.