Share Name Share Symbol Market Type Share ISIN Share Description
Doriemus LSE:DOR London Ordinary Share GB0030818198 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.0625p 0.00p 0.00p - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.1 -0.3 0.0 - 4.84

Doriemus (DOR) Latest News

More Doriemus News
Doriemus Takeover Rumours

Doriemus (DOR) Share Charts

1 Year Doriemus Chart

1 Year Doriemus Chart

1 Month Doriemus Chart

1 Month Doriemus Chart

Intraday Doriemus Chart

Intraday Doriemus Chart

Doriemus (DOR) Discussions and Chat

Doriemus Forums and Chat

Date Time Title Posts
24/10/201613:41DOR charts and news5,183
20/3/201619:59Doriemus Ready for lift off4
26/10/201421:56DOR a mini major in the making nutjob free thread6,831
28/7/201405:27Expanding syndicate of AIM firms gear up to Horse Hill oil project ,Optimistic e5

Add a New Thread

Doriemus (DOR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Doriemus trades in real-time

Doriemus (DOR) Top Chat Posts

Doriemus Daily Update: Doriemus is listed in the General Financial sector of the London Stock Exchange with ticker DOR. The last closing price for Doriemus was 0.06p.
Doriemus has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 7,739,999,998 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Doriemus is £4,837,500.
rwauu: Look, believe in morbidly obese is so loooong time goooooine. Look at share price. Total collapse. Ha ha ha!!! Bye bye!!! I am sure on other end some people are getting inpatient to do placement ahoys, it is like their bread and butter. Lifestyling rubbish lobster pot shares.
hmv001: There will be a huge placing here soon. The share price is being fattened by the usual thugs to slaughter it . 0.02 or lower very soon
mug3: No one knows where any share price is heading.
noirua: Looking more cheerful but really needs $50 per barrel as a low point to start the share price bouncing once it's quoted on the ISDX. Probably likely to survive now and meetings between Saudi Arabia and Russia on the oil price could prove positive.
liquid millionaire: STG, ALBA, RGM, SOLO, UKOG etc.... boilerboy 25 Oct'14 - 12:14 - 1537 of 1541 1 0 Atino DL actually said he suspected there maybe as much as £1billion worth of oil and the same amount of Gas. Based on 20 million barrels of oil, his prediction is close already with further drilling to complete. He also stated that the main targets are between 8500 and 10000 feet. In my opinion its good news that we have a good oil discovery before we even drill our main target and this should underpin the current share price Another interesting few weeks ahead. dosser2 25 Oct'14 - 13:33 - 1540 of 1541 1 0 Boiler I agree. The price is now stable and the rest is the big money punt. Some will always bail at the first news, others in it till the end. Have to say that i tend to agree in that as always the market over reacts. Billions might be found in the end but was never likely on the first attempt. Infact a duster was the most likely outcome so you have say that so far so good with a lot more to come. The gas which is thought to have migrated from the Kent coal fields and become trapped at Horse Hill could be absolutely massive. Only a couple of weeks give or take to find out.... Finally if you look at the MKT CAPS of all the Horse Hill oil & gas plays after yesterdays sell off and taking into account all their individual activities plus cash then imo they are all now undervalued some especially so. The oil find does not appear to have been priced in to the contrary in fact! Next week perhaps investors will be back aggressively buying the various Horse Hill oil & gas plays on a valuation basis plus the further upside in the short as well as medium term from further drilling starting with the gas. On that note all the Horse Hill oil & gas plays could shortly be attacking their recent share price highs.
scotty1: Good post from lse bb.thanks to OGman Lots of talk about the upcoming HH opportunity, that's great but discussions seem to have lost track of the fact that DOR is still getting it for free at current share price. Buying DOR you are buying Net 2.2million bbl in the ground on producing assets, the exposure to HH is a nice upside and the existing cash from TEP business limit the downside risk more than our small cap oil Peers. The producing assets have Gross P50 reserves of 13.14mmbbl in place. These reserves are independently verified. Costs are low for extraction (nearby Wytch farm has costs of $10/bbl, although Perenco benefits from scale). Applying a 60% risk factor and assuming 20% recovery ( which is also pessimistic as onshore fields can go on and on before economic COP, recovery is more likely to be in the 30% range). The value of the independently verified oil in the ground which DOR holds title to is then at least £13.6m. (see prior post for workings on my analysis). Current market cap is only £9m so there is room for 50% increase until current risked reserves are priced in. Current Production on Lidesy hit 113bbl/d after recent work over, at this rate its $4.1m per year Gross, these work overs are very low cost and can be repeated so production should be able to be increase or at least maintaining with minimal spend if the assets are worked well with more infill drilling or re-perfs in the future from the existing well pads which should easily be able to increase production and sustain higher levels. On HH if we take a risked view by taking 10% of the 671 million bbl OIP then apply 20% recovery factor that's 13.4mmbbl with $100 oil and $20 costs thats approx $1.1b (£671m) then apply DOR equity share at 6.5% = £44m which when added to the existing production values DOR at £57m or over 5x current share price . In fact the porosity of the Portland sands is understood from the Collendean Farm-1 well in the 60's so the 30% recovery factor looks very robust giving further £21m Net upside (added with above that 8x SP). The last drill was the wrong side of the fault but I believe the kitchen was identified and the hydrocarbon migratory path understood so the HH drill looks like a well understood and worked up opportunity. If the OIP is only half of what they say then the DOR slice of Horse hill is worth £218m which is 26 times current share price and your still getting the gas for free! The fundamentals of this drill look good; it's a highly prospective area with 8 other commercial fields within 30km but in conclusion although there is risk associated with the drill at the current share price that risk is not reflected as the upside has still not been priced in on DOR's existing assets let alone on HH. Good luck all (strong buy)
keya5000: Share profits Since the beginning of June, there has been increasing speculation concerning the upcoming Horse Hill oil exploration drill in Surrey. Share prices of the four original David Lenigas influenced companies have increased by 200-300% in this time and I expect each of them to move even higher in the next few weeks, as the excitement increases the closer we get to the commencement of drilling. On Friday, two further companies joined the Horse Hill party in the form of Alba Mineral Resources (ALBA) and Regency Mines (RGM). It is worth mentioning that Regency also has a 14.9% stake in Alba, but the question remains which of the Horse Hill horses could be the largest winner? With each company having varying levels of interest in the Horse Hill project, as well as other projects, choosing which company to invest in can be quite a task. Given that the share price will be driven by the Horse Hill project in the short-term, a good starting point could be to use the ratio I have devised below. In the simplest terms I've rated each Horse Hill participating company according to its market cap against its Horse Hill % interest ratio. In other words, this shows for each %point the participating company owns, how much this is worth in relation to the current market cap. The results are below; Company Horse Hill % Interest Approx Mcap Approx Mcap to % Horse Hill Ratio Solo Oil (SOLO) 10% £15.5million £1,550,000 UK Oil & Gas (UKOG) 10.65% £12.5million £1,175,000 Regency Mines (RGM) 5.745% £4.5million £783,000 Doriemus (DOR) 10% £8million £800,000 Stellar Resources (STG) 10% £7.5million £750,000 Alba Mineral Resources (ALBA) 5% £2.5million £500,000 According to my table, Solo Oil is the standout most expensive market cap for its Horse Hill interest. UK Oil & Gas has marginally the highest interest in Horse Hill (7.5% directly with Horse Hill Development Ltd (HHDL) and 3.15% indirectly through its 6% interest in Angus Energy which owns 52.5% of HHDL). However, its high market cap suggests that its Horse Hill interest is priced nearly 50% higher than Regency Mines, Doriemus and Stellar Resources. When you consider that Doriemus also has the upcoming Lidsey and Brockham oil drills, this is worth paying attention to. More on that later... Of all the participating companies in Horse Hill, Alba, on the surface, seems the cheapest. However, further investigation reveals that the company has very little cash, indeed around £250k less than is required to pay for their 5% stake in HHDL. A placing is therefore likely given that remaining monies will be 'payable in line with the cash calls (from HHDL) required for the drilling of the well.' I would therefore steer clear of Alba until it has raised the cash needed to pay for its stake. This leaves the trio of Regency Mines, Doriemus and Stellar Resources, all of which have a similar market cap to their percentage interest of Horse Hill, with Regency Mines being slightly the cheaper at the time of writing. It's worth noting that for Regency Mines, whilst they have the cash to pay for their Horse Hill interest, in the event that the project proves not to be commercial, or even worse is a duster then it is likely that significant cash will need to be raised to pursue other projects. I wouldn't be surprised if the company was to take advantage of its recent increase in share price and look to raise some equity. I therefore see either Doriemus or Stellar Resources as being the best place to invest your money for exposure to Horse Hill. Picking one of these two and Doriemus is my choice. Stellar Resources has plenty of cash, a 10% exposure and other assets in coal and Welsh gold, however what makes Doriemus the stand out for me is the exposure it has to the Lidsey and Brockham oil field's which will be drilled after Horse Hill. Whilst Stellar Resources may have a diverse range of potential assets, the oil and gas sector is experiencing a mini boom at the moment and is the place where money is moving into. With estimates of 500-1,500 barrels of oil per day being touted for Lidsey-2 drill, this could be just as exciting as the Horse Hill drill. To put into perspective how undervalued Doriemus is, UK Oil & Gas has a 10.65% interest in Horse Hill, and through its stake in Angus has an interest of 4.2% in Lidsey and 4.8% in Brockham whereas Doriemus has a 10% interest in Horse Hill but a much larger 20% interest in Lidsey and 10% in Brockham, yet UK Oil & Gas' market cap is nearly 50% more. As previously mentioned, I believe all companies with an interest in Horse Hill will see much more speculation in the next few weeks leading up to drill commencement. If the drill hits oil then regardless of whether proved commercial at that time or not, as seen with Mosman Oil & Gas (MSMN) recently, the share prices could quite easily increase to a level much higher than we've seen today. One would expect that those companies that are the cheapest to see the greatest gains, therefore I see Stellar Resources and Doriemus as being the best value for money currently. - See more at:
bambos22: Thanks for your contribution. I think the DOR share price is rising now.
siday2580: Reply from md -see lse for further info Dear James As you will be aware the Company holds a passive minority interest in the Brockham, Lidsey and Horse Hill licences and progress and news flow is only generally provided to Doriemus by the operators of those assets. I appreciate that you are frustrated by the lack of news flow but as explained above it is the operator of the assets that controls day-to-day operations and not Doriemus. People forget that we are an Investment Company, and not an operating company. Under AIM rules we are not allowed at all to get involved in day-to-day management. Regulations prevent us and only allow us to hold a minority interest. Very important to understand. The Company is aware of its obligations under the AIM Rules in terms of announcements and website content. The website is currently compliant with AIM Rule 26. The Company will, when it is required to, make regulatory news statements. The shareholder list will be updated once the latest shares are issued from the recent equity raise. A separate page will be added re the Horse Hill investment shortly. But there is enough info on website already. Much of the selling was due to an investor from the TEP Exchange days, there is little we could do about that. we cannot force them to puit TR-1 forms out. Holding statements are a regulatory matter and generally only put out due to the nomad / aim team enquiry and then generally only for price rises not falls. Delays have been caused for a couple of reasons not least the worst flooding for decades. The company and operator have little control over the weather nor of the ability of the relevant departments to grant licences / permissions in a timely manner. The operator has assured us they are working on all of this. I'm afraid I can't comment on statements made by the UKOG CEO as that is an entirely separate company and David Lenigas holds no position with DOR. The operator has not informed us re Lidsey 1, thus we havent informed the market. The small cap market has been battered lately. The board personally hold a substantial number of shares and am just as keen as anyone to see the share price move. The Doriemus share price has greatly exceeded the returns of the general market over the last twelve months, something perhaps to keep in mind. Don
ride the wave: Flash , I thought you put me on ignore last night ? (LMFAO) . Why come onto the oct bb when you were moaning like a little girl last night ? . Your were quiet when DOR share price fell earlier so why come and cause trouble now ? . I've kept quiet so why dont you ?? 0.2p is now resistance and the bid is getting weaker everyday . Another player is in town now UKOG who have fewer shares in issue . The hot money will move out and you will be left holding the baby . Everyone always buys and tops up in this bb but I'm the only one who sold ??? Funny that . ATB
Doriemus share price data is direct from the London Stock Exchange
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20161026 07:31:55