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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Madagascar Oil | LSE:MOIL | London | Ordinary Share | BMG5738R1016 | COMM SHS USD0.001 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.45 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
18/2/2016 15:13 | Chief Executive Officer, Robert Estill, commented: “The granting of this Environmental Permit is a significant milestone for the country and for the Company, as it is the first ever permit for the petroleum exploitation industry in Madagascar. We engaged in open and close dialogue with the National Environment Office and public institutions during the process of ESIA assessment and we are looking forward to continuing in this manner. With this permit, Madagascar Oil’s goal is to be an exemplary company in the petroleum industry as we proceed with the Tsimiroro field development. And in the next breathe ”in the absence of alternative funding being made available, the Board believes that it is probable that the Company would become insolvent and would need to seek a winding-up order in the Bermudan Courts in the very near term | john henry | |
18/2/2016 14:58 | Ive got my doubts whether the company has even tried to seek alternative funding. Would appear the BOD are very much involved in the stitch up. You have to question the BODs integrity here. | john henry | |
18/2/2016 14:46 | Something stinks here, bridging loan agreed. EP granted, Lenders pull the plug. | john henry | |
18/2/2016 14:44 | Exactly they got the mugs money 300m to develop and now delisting it. and they own the company. As you say they own 90% of shares right? They need only 70% yes in the voting. john henry 18 Feb'16 - 14:26 - 2274 of 2274 0 0 Absolutely AIM, it should have been. Yet after 10 years of work 300M invested all necessary permits etc approved the company appears to be heading for the toilet. | guns1inger | |
18/2/2016 14:26 | Absolutely AIM, it should have been. Yet after 10 years of work 300M invested all necessary permits etc approved the company appears to be heading for the toilet. | john henry | |
18/2/2016 14:24 | Where is Evil K ? The EP is the making of MOIL, thats the thing, next week will show more, there will be further comment on this. If the lenders want to grab it, delist, re-vive it then re- list then i think several will wanto comment on that. I me surprised Simon Cawkwell hasnt made any comment. | squiresquire | |
18/2/2016 14:15 | Totally confused at the moment ,really though EP would be the making of Moil. | aimshares | |
18/2/2016 14:12 | What i don't understand Squire why the CEO seems determined to destroy the company as a PLC and PIs in the process. | john henry | |
18/2/2016 13:56 | Why woldnt Total or Symbion want MOIL. Look at Symbion, they have just got into Madagascar with the contract for supplying power to the island. MOIL has the oil Symbions generator needs. there is more to this than meets the eye. 1.7 Billion Barrels | squiresquire | |
18/2/2016 13:53 | If you actually read the RNS the lenders asking the company to call a SGM as a condition in return for funding, Delisting could be voted against at the SGM | john henry | |
18/2/2016 13:49 | guns just because they delist doesn't mean there is no value. Potentially huge value. | john henry | |
18/2/2016 13:45 | Holding here for 2-3 years delist or no delist. Squire do you think this being done to liquidate shareholders or should i say PIs | john henry | |
18/2/2016 13:44 | Sounds like RE is selling PIs down the road. | john henry | |
18/2/2016 13:43 | I have seen when VCs take over a company, delist, then a year later re-list but at a hugely different valuation. Currently MOIL are sitting on 1.7 billion barrels it has a working Pilot Steam Flood Program on. the company clearly has a huge asset value, | squiresquire | |
18/2/2016 13:37 | Totally agree comedy, we shall hear from the SGM as to the reasons for the delisting. They are trying to get PIs to give up their shares for peanuts. Respect for CEO has taken a huge plunge. | john henry | |
18/2/2016 13:30 | took another 50k just now | comedy | |
18/2/2016 13:27 | jh...the 10 years have been done...strange is it not that the leak of permit and share price took off to over 6p...the co. then hammered us with the rns implying nothing had been moved forward...as share price never fell below 3.5p...so we get another kicking saying delisting or dire funding situation...ie the major holders refusing to supply further funds unless we delist???? these same lenders been happy to keep funding us through the years in the wilderness...and when we are just about to dock and finally land they are refusing landing permission??? the usual crooks happy to get pi's to buy shares on wide spreads...but finally when pi's see chance to make 10 to 20 bagger on their investments getting told the investment is worthless??? i'm just going to sit on my shares...my plan was 2 to 3 years when in full production/partner/r if they completely fold over the co. and start afresh dont know how they will be views in madagascar as they are saying they are an ethical co. | comedy | |
18/2/2016 13:15 | Im not sure why certain shareholders are calling for an AIM delisting apart from the fact of listing expenses. would appear half a dozen companies are still in the process of due diligence | john henry | |
18/2/2016 13:13 | JH - thanks for the rest of the RNS. | soggy | |
18/2/2016 13:11 | Our posts crossed. Indeed MOIL has an ISDX listing with over 2 million traded there. But why. It appears MOIL will have to give up all its listings to get the cash then. Never traded via isdx myself. | cyan | |
18/2/2016 13:10 | Im guessing that the majority of the Lenders have not been happy with the progress made by the company. Imho Securing a farmout. | john henry | |
18/2/2016 13:05 | I am in BLVN which is one of the largest AIM companies. It also has its ISDX secondary market listing. Today there has been at least 27 AIM trades with 244,016 sold and 173,926 bought (source LSE) The last time anyone traded them on ISDX was on the 16th Feb when 27,784 were traded. Hence why I questioned the 50% number; no disrespect. | cyan | |
18/2/2016 13:02 | click on the trades headline at the top of the page. Around 2M through ISDX today | john henry | |
18/2/2016 12:51 | Where did you find that 50% number? Am shocked. | cyan |
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