||EPS - Basic
||Market Cap (m)
Real-Time news about White Nile (London Stock Exchange): 0 recent articles
|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!|
|marleytonglide: This company White nile is not responding to any contact what so ever as they refuse to reply to any form of contacts. Mr Edmunds is a very arrogant person in real life. Rumours have it that white nile and the Sudan goverment are about to retract there joint venture for drilling for natural resources, due to political tensions between two countries. This latest share price is false hope and will be even lower than early this week of 1p. not for widows of orphans, SELL. White Nile exploration Ltd|
|cn100: I am watching this one closely. Im not sure if anything is happening yet as the share price would be rising up if drilling was re-commencing.
I am ready to buy if this is proved to be correct.|
|mr thrifty: I'm looking to buy into this company. The assets and money in the bank seem to be worth something at least well above 1p? Or is this too simplistic and maybe there are other forces in the background dragging the share price down? Decisions, decisions, decisions.|
|mr thrifty: Buy on-line 1.03. Can understand the share price movement? Bid this morning 1.40 now 0.75?.|
|risk investor: wnl..
SUDAN ON HOLD...
if oil was AT $147..
what would WNL share price be.??|
|risk investor: there are too many posters bickering here without posting any decent research..
remember if they get compensated for sudan that could be worth 2 or 3 times the current share price and the proceeds could be used for their other prospects.|
|ed winchester: wskill
that cash is ring fenced. You can only attribute cash to price/share if that cash isnt doing anything and is surplus. WNL's cash is not surplus.
Not saying its a buy or a sell. But its not right to attribute the cash to the share when its blatantly obvious that those cash levels will eventually dwindle down to around £1.25m very soon.
As for assets... they are worth little until it produces cash flow. Take a look at the so many AIM minnows, they claim to have so many acreages yet the market is tired of them. The oil bubble has been well and truely burst (as WNL share shows quite clearly) - the market will now only place real value on companies that produce good cash flow... even then they arent properly valued. So many sound and solid cash producing oil plays that have been battered and still lowly valued - so very hard to see WNL being given any sort of inflated value as it has yet to prove assets that produce any sort of cash flow.
There is also the propsect of further dilution as sooner or later WNL will need further funding in order exploit all their assets. You cant do diddly with just £1.25m.|
|wskill: 8Trader GM2 was correct about IAE he was saying buy at 14p and up until now the more I read about WNL it is one of the most oversold shares the cash in the company is multiples of the share price without the oil assets|
|simon cawkwell: Gentlemen,
I think the only possible explanation for the ramping up of the WNL share price is to enable certain pivotal figures who control the release of locked in stock to borrow against WNL stock for other purposes. This raises all sorts of other questions. And for me it entails dark* thoughts.
*Well, they do involve Africans.|
White Nile share price data is direct from the London Stock Exchange