Forum Energy Share Discussion Threads

[unionhall] 16/9/2013 12:38

...it will presumably be rolled over.....

[rbonnier] 16/9/2013 12:36

Where will they get the money from to repay this loan will there be a placing

[unionhall] 12/9/2013 17:29

They have $15m loan to be repaid in a few months....afaik

[spaceparallax] 12/9/2013 16:31

People are buying because of the almost free multi-bagger potential of SC72. share price covered by Galoc - simples!

[earnestwipplethwaiteiii] 12/9/2013 15:12

Too rich for me, on the basis of no public information this could as easily be leakage as it could be yet another p & d, there's no way to tell. Personally, I won't touch a stock that's up 65%+ from two weeks ago on thin air - too easy to get burned.

[fireplace22] 12/9/2013 15:00

Who's buying and for what reason? Not SC72, PXP going nowhere.

[sportbilly1976] 12/9/2013 14:57

the 90p stock will be gone soon....expect a run on/over £1 to come soon

[rbonnier] 12/9/2013 12:55

mms are masters of the game

[spaceparallax] 12/9/2013 12:50

MMs are taking the mickey with a 6p spread.

[fireplace22] 11/9/2013 16:17

Interesting ss, Pleased to know that am a bastion against Chinese imperialism.
Map's very illustrative of Chinese bullying attitude.

[sirshagalot] 11/9/2013 16:11

The only conceivable reason why we haven't gone already is to retain the London listing. Is there some prestige attached to this in the far east?.

i think it was to make sure the western world is aware of the region,London is a place where this can be achieved.
a very clever ploy indeed.
Britain has always supported the underdog when justice is not seen to be done.

now either china and Philippines do a deal is prob what china wants (via armtwisting), but in my view maritime law and 200 mile economic zone would be a better option.
and with some support from usa providing hardware to patrol the seas , after all guys say you bought a house with a 200 foot garden and at the bottom of your garden a fence has moved 12 feet from your back door.!
and the guy who did it is bigger than you and armed with a 12 gage shotgun .
he has done the same to other neighbors ,so time for all the affected to come together and challenge this persons behavior.
If you look at the map of the region you can see a great big thumb print in red !.
thats chinas claim all the way round vietnam to malaysia.
see how the line goes right upto palawan.
the area in disputes is about 80 miles from palawan.

[fireplace22] 11/9/2013 15:39

With the lack of movement on SC72, the only reason I can suggest for these recent surges in share price is the possibility of a take out by our major shareholders. The only conceivable reason why we haven't gone already is to retain the London listing. Is there some prestige attached to this in the far east?

[spaceparallax] 11/9/2013 15:29

Hopefully, the recent debacle over what to do in Syria has shown that a consensus diplomatic decision is far preferable and wiser than letting loose with arms and the unforeseen consequences that may entail. Perhaps we're on the brink of a new era where countries begin to talk and recognise that a compromise is the best long term solution.

Whatever, the case Sampaguita remains a massive untapped resource that could benefit all the countries that claim an interest. Whatever the solution, there will need to be a mechanism for realising the asset and FEP are in prime position.

Meanwhile, we'll have to be happy with the income stream from Galoc, which largely justifies the existing share price and hope that the tantalising Sampaguita puzzle begins to shown signs of progressing. Certainly, under current circumstances none of the interested parties wins.

[rbonnier] 11/9/2013 12:38

Im selling and buying back in sub 50p in a few weeks time !

[sirshagalot] 11/9/2013 11:20

hxxp://www.mmtimes.com/index.php/business/8075-china-asean-talk-up-trade-gloss-over-dispute.html
last bit is interesting Philippines aint having none of the cattle dung,and are serious about the claims.

[sportbilly1976] 11/9/2013 10:48

a few selling now who got trapped last week, or taking their 5p turn

any overhang though from the gradual fall back down from the £2.00+ highs last year seems to have completely gone, judging by the share price reaction to buying

[sportbilly1976] 11/9/2013 09:43

yep...good to see, and starting form a higher base this time

[spaceparallax] 11/9/2013 09:35

here we go again - share price on the move

[sirshagalot] 06/9/2013 18:31

well if you can call it a dispute! lol
more like "silver back" imperial expansionism more like.
who,d think it in this day and age!,chest beating,stick throwing,grunting.



but hoping for a

[spaceparallax] 06/9/2013 15:13

really.....is there a dispute? hadn't heard about that

[sirshagalot] 06/9/2013 14:29

hxxp://www.worldaffairsjournal.org/article/historical-fiction-china%E2%80%99s-south-china-sea-claims

just a reminder of the dispute and china,s claims.

[sportbilly1976] 06/9/2013 13:49

interesting to see some buying return...

70p has been a support level over the past 12 mnths

[spaceparallax] 05/9/2013 12:32

LOL - upto your old predictable games again.

[bam bam rubble] 05/9/2013 10:51

Away from the macro, the balance sheet looks dire (net tangible assets: minus £6.75m)

Cash at June 30th 2013: £1.799m
Trade payables include -£1.734m equipment invoices due for payment in August 2013
Cash (less that invoice) = £65k