Global Brands Share Discussion Threads

[stockonomist] 25/3/2014 23:38

I am against Fracking.

No need for it at all now that we have green renewables which can efficiently and cost effectively replace coal/gas etc

See Ambrose Evans Pritchard

'solar will trump fracking thanks to US military'

[still waiting] 25/3/2014 18:46

but a mere irritant.

[godolphin] 25/3/2014 16:27

It's all very clear to me. Shale Energy is no longer in the equation. If the rto comes off then gbr will be holding 100% of all the leases including the ones ukog don't have an interest in at the moment.

What is your interest here anyway?

[stockonomist] 25/3/2014 16:05

Nothing seems at all clear with this Company.

From the Header

"
Shale Energy PLC to list, will GBR be holding shares in this on listing???

hxxp://www.edenenergy.com.au/pdfs/75ea70e121da9b042f34ee6477978b23.pdf"

[godolphin] 25/3/2014 11:35

That actually means that the deal is on! The deal with Shale Energy is off.

"UKOG will hold 100% of all the merged UK gas and petroleum licences"

[stockonomist] 24/3/2014 23:29

Does this have any impact on GBR ?

Looks like deal off ?

[godolphin] 06/2/2014 08:24

Probably have to wait a few months, lets see if they can raise funds, other than the cost of the RTO.

[godolphin] 02/2/2014 14:24

£7m doesn't seem much in the scale of things. If Gerwyn Williams can find it, now is the time, Eden can't wait for Shale Energy for ever.

[still waiting] 01/2/2014 13:59

AVP and kanabar deal possibly being revised then?

[godolphin] 01/2/2014 09:31

"Eden has continued to extend the conditional agreement with Shale Energy Plc ("Shale Energy") for the sale of its entire UK coal seam methane and shale gas portfolio for £11.5million (approximatelyA$19.3million), and at the date of this report, that contract, conditional upon Shale Energy raising £7 million, remains in existence ."

As of 23rd Jan.

[godolphin] 15/1/2014 22:24

Over 45 transactions completed since 2010. Nice client list includes Sula.

[ryan83] 15/1/2014 21:53

Cairn not new, been around for years it seems.

[still waiting] 15/1/2014 21:51

Not sure, still looking

Avp and gbr both have links to shale energy/Eden/coastal not sure about LDP but they have cash and were looking for rto as well, sudden surge in buying at LDP just before the close...

[ryan83] 15/1/2014 21:51

They were all libertas now cairn.....

[ryan83] 15/1/2014 21:49

Also NT C and ADA. Must be a new broker/advisor

[ryan83] 15/1/2014 21:46

What's so special about that nomad? Are they new?

[still waiting] 15/1/2014 21:45

Ryan, LDP as well

[yorklondon] 15/1/2014 19:03

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[ryan83] 15/1/2014 18:57

GBR and AVP appoint the same NOMAD......

[godolphin] 15/1/2014 10:43

Oh yes. Only a few hundred k. I hope the £7m is being more reliably sourced, rather than "but you said you give me £7m" "no I didn't" "oh yes you did" etc.

[still waiting] 15/1/2014 10:22

AVP were involved but pulled out.

funnily enough I'm holding them..

[godolphin] 15/1/2014 10:08

The last extension was agreed til Dec.
"Conditional Contract Extended
Perth based Eden Energy Ltd ("Eden") (ASX Code: EDE) has extended until 13 December 2013 the latest date for satisfaction of the conditions on the conditional agreement, announced to the ASX on 17 September 2013, to sell its entire UK coal seam methane and shale gas portfolio for up £11.467million, to be satisfied by a cash payment of £1,100,000 and with the balance to be paid in fully paid ordinary shares in presently unlisted UK public company Shale Energy PLC ("Shale Energy").
The main condition remaining outstanding is the requirement for Shale Energy to complete a £7million capital raising. The extension of the date has been agreed in consequence of Shale Energy having secured a contractual commitment from a UK based company to subscribe the entire sum of £7million, that Shale Energy has been advised is hoped to be able to be completed within the next two weeks."

I wonder who made the £7m commitment. Well overdue (as ever!)