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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Aurelian | AUL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 10.125 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 10.125 | 10.125 |
| Top Posts |
|---|
Posted at 13/12/2012 14:21 by odvod added as gap is closed, 10 is a round number and is crossed, vol is increasing and as share price will imho go up if there is no deal. if the deal is done we will go up after the funds boots are full imho. funds will need performance and this can be upgraded easily next year. fundamentals are ok for a very long term investor (free cash back from operations). the machinery behind this one (sle)will get things done |
Posted at 14/11/2012 16:48 by johncraven no. Of Shares Factor Equiv Shares Price Value 100,000.00 1.30 130,000.00 0.0900 £11,700.00 SLE 100,000.00 1.00 100,000.00 0.1175 £11,750.00 AUL Wow AUL shares now worth 11.75 pence equiverlent to the SLE closing price of 9. Crazy madness selling at 10.5p loosing 1.25pence per share and not to mention the upside potential with the big investors over at SLE. Exciting times. Im not donating any money to the sellers at 10.5p. |
Posted at 13/11/2012 22:07 by ohisay Greenroom - thanks.Agree with all that. So general question - does the market yet know how to value shale gas.? I've been around the oil gas investing fraternity and researching since 2004 and I'm happy to confess I don't know - don't know being the most part for understanding how other O/G investors might see it amongst other things. And that's the key as per that wonderful Bloomberg article back in Feb. The only reason I got into AUL was it was a low risk play - I think it was the same for you.But long term on a simple 80/20 rule Euro gas is an absolute investors no go.For the capex and the netback its a very poor risk/reward. So my question is which poor sap of a company is going to take these nominal gas assets off SLE.?? Oh and I nearly forgot - one of the bizarre consequence of shale gas success in the US is that it has made coal worldwide exceptionally cheap - so much so that Merkel for example (post Nuclear) is currently using coal as much as gas in power stations. Strange times. rgds and gl with AFF. |
Posted at 13/11/2012 18:09 by ohisay I wasn't going to post anything here as I exited at 10.25p yesterday at a small profit.I bought all the way down from 13.7p to 7.4p.But as Greenroom looks like he's the only one thinking on here I'll add a comment or twoI too had a risked nav of around 20p - cash 8p /Siek 6/7p/ rest 5p.It was a reasonable punt. Its sad for AUL that effectively they only had only one offer that valued their European gas assets at such a small EV but that's a valuation fact - they took 9 months over it after all.They wanted (as announced in Feb) a big partner to spend several 100m$ capex to fully develop that nominal Siek CPR.See that Finncap note from February! What does that say about how the market might value SLE's European gas assets - I'm not surprised they were weaker first thing yesterday. I think the landscape has changed for shale in Poland since SLE /AUL were investors favorites last year - country reserves reduced - majors exiting( in all likelihood Talisman too as they exit non core assets).3legs has only just been trading above cash too - a tad better now they may have had a discovery.But in general decent valuable conventional /non conv. gas discoveries across mainland Europe have been few and far between these last few years So I've no wish to be in SLE for its Euro gas assets. The rest yes - I'd happily be in for Ireland /Morocco etc.But their funding model is anachronistic IMV - it stopped being rel easy for Aim co's to get hold of cash 18mths/2 years ago. They have this huge disparate bunch of assets with not much cash - I just don't think they can possibly have the proper focus to use that AUL cash well over the next year.Their model is a recipe for disappointment unless they get very lucky. Cash in fact would be better spent outside European gas IMV unless they have a compelling target. I wish all SLE holders well but even at 8p its too high for me.I can see more dilutive placings/larger then ideal farmouts over the next 18 months. If you want Euro gas or UK gas look at EDR 10m market cap 3m cash AND a catalyst for some share price growth before the end of the year - if you look. Oh and yes IF you want to be in SLE then AUL would be a buy tommorow not SLE. |
Posted at 12/11/2012 07:36 by odvod sle made a good deal. shares in sle go up. aul follows. lets hope.Soros made good use of his hedge friends. And they got good return. Another long term investors story to consider. |
Posted at 20/9/2012 09:17 by wayne_130 Massive buys going through the books yesterday I'm sure will encourage investor support. Very low levels right now, does anyone know what the current cash value equates to within the SP? |
Posted at 28/6/2012 08:47 by 21dec2012 13 December 2010 - 11%Toscafund Asset Management LLP on behalf of Tosca Mid Cap, Tosca Opportunity and DB Tosca Mid Cap Equity Fund... ...This transaction took the relevant interests to above the 11% threshold. ------------------- 14 November 2011 - 23.25% On 11 November 2011 Aurelian received a TR1 Notification of Major Interests in Shares from Toscafund Asset Management LLP, on behalf of Tosca Mid Cap, Tosca Opportunity and DB Platinum Tosca Mid Cap Equity Fund, 114,922,978 voting rights or 23.25% of the Company's total voting rights. -------------------- 11 June 2012 - 27.83% aurelianoil.com/engl Significant Shareholdings At 11 June 2012 Toscafund Asset Management and Toscafund Global 137,573,773 27.83% |
Posted at 27/5/2012 17:55 by knigel AUL is just one of dozens of mining and oil shares trading at 52 week lows... I've added here and also many other shares across the sector and quite happy to tuck away for 2/3 years...I'm sure there's a decent return to be made here for patience investors |
Posted at 13/2/2012 18:01 by johncraven 2011 was a disappointing year for Aurelian, with its key asset Siekierkirepresenting a much larger and complex challenge than initially anticipated. Following a comprehensive review, the company has provided the market with a clear strategy to develop its entire portfolio, which we feel represents a strong buying opportunity for investors, given current trading levels. Strategy shift Aurelian has now concluded a comprehensive review of its assets following the disappointing multi-fracced horizontal appraisal wells drilled in 2011. The data acquired during the appraisal phase has improved the company's understanding of Siekierki, and as such, a revised development plan has been designed comprising 32 wells recovering 296bcf of gas (previously 348bcf) to commence in 4Q 2012. Near-term exploration programme Aurelian plans to take advantage of the flexibility in its work programme and preserve capital by prioritising its exploration targets. In line with the strategic review, the company has deferred several exploration targets, to focus instead on near-term value play unlocking wells. The programme is budgeted to cost 25.6m net to Aurelian targeting 67.3mmboe of net unrisked prospective resources, which, while less than previously indicated, potentially offers material upside. Unlocking Siekierki The company intends to enter into negotiations for a potential farm-in to its 90% interest in Siekierki. The asset is surrounded by IOC operated acreage, most notably Connoco Phillips, Exxon Mobil, Total and Chevron, all of which have the technological knowledge base and financial backing that is required to fully develop the project. We feel that a farm-in partner of sufficient expertise and financial resource base will act as a positive share price trigger for investors in Aurelian. Valuation and recommendation Our core valuation comprises exploration and development activities, and cash; which yields a base value of 20p. Our exploration upside assessment contributes a further 10.8p. On this basis we initiate coverage with a BUY recommendation and set a price target of 31p. |
Posted at 18/9/2011 09:00 by pug151 What to take from the conference call?Results released 2 weeks early because gas flaring fueling local gossip likely to mislead investors. Water expected and not a significant technical problem - imo confusing for e and p investors for whom waterpresent usally means duster. Current results may be due to local obstruction and may yet be reversed. If confirmed this does not mean no gas but may mean current strategy of a field of expensive wells needs a rethink. Shale gas strategic position not called into question Lots of potential upside next 3 months and fully funded multination drill prog. friday was a day of panic/ stop loss driven selling by the many and mass purchase by institutional investors. I was impressed by the quality and confidence of the team.I have a big paper loss here but i bought more late Friday and will do again if it drops next week. |
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