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SRON Saffron Eng

4.10
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Saffron Eng SRON London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.10 01:00:00
Open Price Low Price High Price Close Price Previous Close
4.10
more quote information »

Saffron Eng SRON Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 28/3/2018 16:23 by steelwatch
@CoroEnergy (aka SRON)
5 hours ago

Coro Energy reminds investors of General Meeting taking place tomorrow: Grant Thornton, 30 Finsbury Square, London, EC2A 1AG followed by an investor lunch at Finch's Pub 12a Finsbury Square. Please e-mail s.dees@coroenergyplc.com if you have have not secured your place.
Posted at 27/2/2018 17:52 by steelwatch
#SRON #CORO Saffron Energy plc Further to its announcement of 23 February 2018, Saffron Energy, the pan Euro Asian gas explorer, confirms that it is close to signing an agreement in respect of a substantial change to the transaction in respect of which it expects to make a definitive announcement tomorrow, 28 February 2018
Posted at 31/1/2018 13:58 by steelwatch
@SaffronEnergy
5 hours ago

Saffron Energy #SRON: Coro Energy Launch Event and Fourth Quarter Italian Production Update

Posted at 22/1/2018 07:46 by rollthedice
RNS - already heavily diluted, SRON holders will be further diluted by a large placing (c320m shares) & open offer (c45.6m) @ 4.38p. With open offer @ 4.38p post-reverse takeover we're not going to see any price recovery even when it comes out of suspension.

Total shares 186m (current) + 186m (SEHIL) + 200m (PVO) + 365m (placing/open offer) = 937m ~ so existing holders have been diluted down to 19.85% of shares in issue.

Upside are new assets/production but these will have to be significant to see any rise in the share price imho.
Posted at 04/1/2018 16:34 by winnet
Nope, I am afraid Turner and Pope and my own broker are being tight lipped. I would expect by the end of February as the very latest.

SRONs work is still going on in the background and Selva, which is one of the CORO assets had a strike in the interim. These things are all good and I am awaiting details of the deal with eagerness.

There are some rumours flying about of a placing, but i would hope the CORO team would not overly dilute SRON holders, many of whom participated in the IPO at much higher levels and where given assurances of a certain strategy.
Posted at 12/12/2017 16:04 by paleje
I thought they originally said he was stepping down to NED not leaving completely. Maybe he's got his hands full with WRES or maybe he's taken as much as he feels he can from SRON, greater scrutiny now.
Posted at 12/10/2017 15:53 by winnet
Credit guy over on LSE: KV3MC

Production and development:

Selva onshore gas field (2C 17 Bcf),
Teodorico offshore Adriatic gas field development (2C 47 Bcf),
Sillaro (2P+C 3.3 Bcf ),
Bezzecca (2P+C 6.0 Bcf),
Sant� Alberto (2P 2 Bcf),
San Lorenzo (2P 0.1 Bcf),
Rapagnano (2P 1.0 Bcf)

Exploration:

Torre Del Moro,
Laura (most likely 17.1 Bcf),
Dalla (most likely 24.6 Bcf) and
Maria Goretti (most likely 32.8 Bcf).

So SRON goes from 12Bcf Prod and Dev, to 77Bcf Prod and Dev. It also gets (probable) another 75Bcf exploration, plus Torro del Moro, however big that is.

Think of CORO as being ten times SRON, at least. SRON shareholders have been diluted from 35% to 16%, which I think is excellent value for the assets injected. We also get to have James Parsons as chairman. I have every respect for Mr Masterman, but it gets very boring and a little irritating to hear the same idiots trot out the "smoke and mirrors" and "snake oil salesman" garbage. They will have to try a lot harder with Mr Parsons. Anyway, this can go EXACTLY the same way as SOU - I don't care who get's it there.

I can't speak for any other placees, but I bought in both placings, plus loads in the 4-5p range. I have sold a grand total of ZERO shares.
Posted at 07/10/2017 13:30 by alexios1201
Rollthedice,Current shares in issue in SRON 185.9mCompany will issue 185.9m shares which will be distributed to Sound.So the shares in issue in CORA on relist will be 371.8MPerfect combinationTight floatI like it
Posted at 05/10/2017 08:09 by cpap man
Fully [standard] listed UOG are also in the Po Valley with SRON and drilling starts later on this month
Posted at 25/9/2017 07:58 by 2vdm
I hope you're right rolldice. I'm not very happy with SRON and am down here. It should be a small but profitable energy company. I hope the BOD aren't using it to feather their nests rather than the shareholders at large.

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