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WNL White Nile

2.43
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
White Nile Investors - WNL

White Nile Investors - WNL

Share Name Share Symbol Market Stock Type
White Nile WNL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.43 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.43 2.43
more quote information »

Top Investor Posts

Top Posts
Posted at 08/12/2008 14:52 by the big fella
Caradog - 6 Dec'08 - 08:47 - 3823 of 3829


A wonderful track record indeed, Topvest. Admittedly his oil exploration venture just failed, and the gold mining vehicle he set up just ran out of cash, withdrawing from Zimbabwe just after one of his other companies lent company money to its much-loved president. But that hyperinflation business and the cholera epidemic came right out of the blue. He was also unlucky to buy the same Chinese cobalt smelter for the second time just as metal prices collapsed forcing him to suspend the cobalt/copper mining operations he had just set up. And it really wasn't his fault that he had to call off his plans to spin off his coal assets in Mozambique - who could have guessed that coal prices would dive like that? His idea of producing biofuel in Mozambique was a brilliant wheeze until fuel prices unexpectedly collapsed and food prices soared. Nevertheless I'm sure that the attractions of using agricultural land in one of the world's poorest country to produce more fuel to burn are obvious to all shrewd investors. The only thing that could scupper that profit machine is a world recession, and fat chance of that happening!

But are you confused by all these overlapping investment vehicles? Are you losing sleep as the value of your investments falls by 90% or more? Then why not book yourself in to one of Dr Phill's health clinics. He'll see you right. You can rest assured in the knowledge that if anything goes wrong it will be bad luck, and not his fault at all.

And don't forget, just because the last 3 patients have died doesn't mean that you are going to!

Iechyd Da!


Brilliant post.
Posted at 06/12/2008 09:55 by topvest
Caradog - he sold South African Resources for a great deal of money and had sold the gold mine company several years back. CAMEC went to a £1bn market cap, but has fallen back very heavily. For original investors it did them very well. Phil will win some and lose some. Don't get bitter. That's life as an entrepenuer. Both Phillipe and Groves sail close to the wind, but I would still say they are worth backing when the chips are down.
Posted at 06/12/2008 08:47 by caradog
A wonderful track record indeed, Topvest. Admittedly his oil exploration venture just failed, and the gold mining vehicle he set up just ran out of cash, withdrawing from Zimbabwe just after one of his other companies lent company money to its much-loved president. But that hyperinflation business and the cholera epidemic came right out of the blue. He was also unlucky to buy the same Chinese cobalt smelter for the second time just as metal prices collapsed forcing him to suspend the cobalt/copper mining operations he had just set up. And it really wasn't his fault that he had to call off his plans to spin off his coal assets in Mozambique - who could have guessed that coal prices would dive like that? His idea of producing biofuel in Mozambique was a brilliant wheeze until fuel prices unexpectedly collapsed and food prices soared. Nevertheless I'm sure that the attractions of using agricultural land in one of the world's poorest country to produce more fuel to burn are obvious to all shrewd investors. The only thing that could scupper that profit machine is a world recession, and fat chance of that happening!

But are you confused by all these overlapping investment vehicles? Are you losing sleep as the value of your investments falls by 90% or more? Then why not book yourself in to one of Dr Phill's health clinics. He'll see you right. You can rest assured in the knowledge that if anything goes wrong it will be bad luck, and not his fault at all.

And don't forget, just because the last 3 patients have died doesn't mean that you are going to!

Iechyd Da!
Posted at 04/12/2008 15:25 by fountains
Looks like Total are not in favour at the moment with the Sudan Divestment Task Force. This from the Sudan Company Profiles of Genocide Intervention Network:

"However, if upon resuming business Total's operations resembled those of the existing problematic oil operations in Sudan, and the company fails to take "Substantial Action," it would likely be removed from the SDTF's Ongoing Engagement category and placed on the Highest Offenders list. Total has recognized some of the potential consequences of such a designation. In an annual report, it acknowledged that due to the passage of the Sudan Accountability and Divestment Act by the U.S. Congress, state pension funds might have to sell their shares if Total restarts exploration in Sudan, which, it said, "could have an adverse effect on Total's share price."

This from WNL results:

"However, as investors will be aware, much of the attention on White Nile has
become focussed on clarity of title for Block Ba. To date, we have had numerous
assurances from leading Southern Sudanese government figures that our interests
will be protected, with the likelihood being that we would be included in a
consortium that will develop Block B in Southern Sudan, would include Block Ba,
Block Bb and Block Bc."


Clearly the door is open for WNL to press forward its claim and it's up to Mr Pelham to secure it.


Don't miss the boat!
Posted at 27/11/2008 14:47 by kablinsky
Pork - I haven't actually got any spare funds. Just helping out my fellow investors. Sorry.
Posted at 07/11/2008 16:18 by safman
wasted enough time on this thread..GM, your a misleader.. the worst @ it.. investors can make their own choices, hence my last post here..

saffy...
Posted at 07/11/2008 15:57 by jabba3
well 8 trader if you can make 3-4 times your money in 2 weeks why not, how many serious investors are there out there that hold stock for 3 years that you know??
Posted at 04/11/2008 14:47 by goodmorning2
RISK INVESTOR NOT A SELLER.MM,S ARE LETTING A BIG PLAYER IN WATCH L2 ALL AT TRADES ARE BUYS.THEY PUT IT INTO AUCTION MAKING IT LOOK LIKE SELLS.
Posted at 04/11/2008 14:44 by risk investor
Pointerlou - 4 Nov'08 - 14:38 - 3160 of 3161


Risk Investor.

After researching the Nigerian blocks, and the news today of Total famn in (showing Nigeria is moving again), did you decide to jump in here or not?

PL


YES I HAVE TAKEN A PUNT HERE a very very high risk play.its market cap was over £400m and now it only around £5m.

when it was worth over £400m it was well overvalued now at at £5m it seems well undervlaued with the interests it has in africa.

one reason the price may be held down could be due to a distress seller.

worth a gamble but D.Y.O.R.
Posted at 04/11/2008 14:38 by pointerlou
Risk Investor.

After researching the Nigerian blocks, and the news today of Total famn in (showing Nigeria is moving again), did you decide to jump in here or not?

PL

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