Member Info for z41n

Drilling and wireline logging operations are expected to be concluded within one month. Evaluation of the well data yet to be acquired will assist in the determination of intervals where flow testing operations may then be undertaken. Flow testing operations, if undertaken, are expected to take approximately 15 days per flow test.

· Cash as at 31 March 2011 of $115.8 million (unaudited), including partner funds of $10.8 million.

When are they going to give update on drilling?

The new Shares have been placed with institutional and retail investors at a price of 1.5 pence per share, for gross proceeds of £560,000. The Placing is subject to admission of the new Shares to trading on AIM becoming effective which is expected to occur on the 17th May 2011. The proceeds of the Placing will be used to fund working capital required for the delivery of new contract wins in the rapidly growing data centre construction space

Following a review of the Group's expanding order book, it has been agreed with note holders that redemption of the Company's existing £4.4m Loan Notes will be deferred from June 2011 to June 2016. This, along with the Placing announced today, will provide the financial stability required to ensure that the Group has access to the working capital that it requires to finance the increased level of orders that it has received this financial year.

In that context the Company is also pleased to announce that it has been awarded three contracts with an aggregate value of £5 million to fit out data centres in the UK for leading data centre operators. All three contracts are expected to be delivered during 2011, one of which may lead to further orders over the coming year as further phases of the project are built out.

Look good:- http://www.investegate.co.uk/Article.aspx?id=201105121202014826G

Is this the main drug in development? 75% drop seems harsh.

Where do u see this heading?

Price updates appreciated, Thanks.

No B**m?

Also is there no capital gains tax to pay on this as the company is Jersey listed? What did the RNS about changing it from a premium listing to a standard listing mean? Apologies for putting so many questions on the board but I am sure others will have similar queries.

How much do people think this share is now worth? Current market cap is £16mill,

Thanks, so there is a valid reason for the rise!

Yes that is what I said! My question is are NGG linked to either?

Is NGG connected to SAR in anyway - PYC are even they released the same statement

Can you send me mail as well z41n@yahoo.com

When do u expect to see some news?

http://www.investegate.co.uk/Article.aspx?id=201012071513165328X rub 1bn land aquisition - Massive development

The rise was triggered by some million buys this morning!