Trade Now

Capital at risk Advertisement
Share Name Share Symbol Market Type Share ISIN Share Description
Adm Energy Plc LSE:ADME London Ordinary Share GB00BJFDXW97 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.50 0.45 0.55 0.50 0.50 0.50 46,703 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.8 -2.5 -1.6 - 1

Adm Energy Share Discussion Threads

Showing 4226 to 4246 of 4500 messages
Chat Pages: 180  179  178  177  176  175  174  173  172  171  170  169  Older
DateSubjectAuthorDiscuss
08/5/2022
19:42
https://emeraldngr.com
tommygriff
08/5/2022
19:41
It's a different emerald, the emerald in question is Nigerian owned
tommygriff
08/5/2022
19:06
LondonIkan5 - "Pwhite73, Emerald is not owned by Sinochem, your information is incorrect," http://www.sinochem.com/english/s/1574-4984-18255.html "Emerald Energy PLC (hereinafter referred to as Emerald) is a subsidiary of Sinochem Group and specializes in the exploration and production of hydrocarbons, applying best practices, and creating value and growth for its shareholders, employees, partners, government, community and contractors. In October 2009, Sinochem Group acquired the full ownership of Emerald Energy Plc. The company’s shares were delisted from the London Stock Exchange at the same time."
pwhite73
08/5/2022
18:58
Give me strength! When you have an oil field the size of Barracuda many oil companies will carry out their own individual CPRs in different areas so naturally will record different results. Xodus did not say there were no reserves they said they could not find evidence of reserves in a CPR carried out by Ryder Scott in 2016:- RNS 30/03/2022 - "Prior to the publication of this CPR by Xodus, the Barracuda RSA was the subject of a CPR undertaken by Ryder Scott in 2016. Xodus has reviewed the available relevant Barracuda data and has not identified convincing evidence as to the presence of light, producible hydrocarbons." However a later CPR commissioned by Degeconek in 2019 found 232 million barrels of oil. RNS Zenith Energy Plc 31/08/2021 - "NW OML 141 covers an area of approximately 105 square kilometres in the swamp area of the Niger Delta region. The NW OML 141 RSC contains two discovered fields and one prospective field with an estimated 232.7 million barrels of discovered oil (Degeconek 2019 CPR) with the potential to grow to more than 500 million barrels of Contingent and Prospective Resources with several TCF of prospective natural gas and condensate. The discovered fields include the potentially highly productive Elepa South and Barracuda oilfields, which are both categorised as discoveries under SPE-PRMS rules and are 'drill-ready' with the first well location having already been purchased and the necessary civil works having already been performed." Not sure if any of you are aware but there are about 6 different oil fields being worked on in Barracuda. Barracuda is a game changer for ADME if the cards land right.
pwhite73
08/5/2022
16:27
Pwhite73, Emerald is not owned by Sinochem, your information is incorrect, secondly Barracuda is in approximately 3 meters of water with the upper objectives at about 4800 feet and the deeper one, the D1A/B at about 5300 feet. Sipkeyj is correct XODUS said these are Prospective Resources, please read the RSN before stating promotional comments. DNL (2019) said they were contingent resources.
londonikan5
08/5/2022
13:49
Two other key factors. Firstly Emerald Energy is owned by Chinese state owned oil company Sinochem. Secondly Barracuda is in shallow waters only 118 feet deep. If your mouth is big enough which I'm sure it is you could literally suck the oil out with a straw. It is worth ADM fighting for its stake.
pwhite73
07/5/2022
09:50
the long-delayed CPR showed that barracuda is actually a very poor quality asset, which has zero identified reserves at all (despite several attempts at drilling over several decades). it would cost huge amounts of money to conduct speculative exploratory drilling in that swamp to even attempt to find oil, let alone extract it. if ADME does eventually win its court case, it’d just mean that ADME shareholders would still be on the hook needing to find ways to raise loads of money to explore barracuda as a complete pile of poo asset. and in the meantime, the company has no cash at all left, yet continues to burn more than £200K every month just on pay and perks. they have no way of paying that other than by trying to keep suckering pis into handing over new money every few months. and there is an absolutely stonking overhang here of burnt longs desperate to find a way of getting out on any spike that could support volume. ADME is one of AIM’s worst laughing stocks. their hope is to find fresh new gullible pis who are thick as mince.
spikeyj
07/5/2022
08:25
The downside is that as the price approaches 1p this gives the directors the authority to issue new shares. The upside is that the market cap is small and the judicial dispute does appear at least for now to be moving in the direction of the company. The shares are also illiquid which means a favourable outcome in June can send the share price soaring.
pwhite73
06/5/2022
21:37
Spikeyj has been shorting this and I hope he gets his fingers burnt
rangenoresources
06/5/2022
19:44
hi rudi, i have no position in ADME, neither short not long. i didn’t say that there are no resources at barracuda. i said that there are zero *reserves*. i expect that you do understand the difference perfectly well, but perhaps you are hoping that some gullible punters might not. Edit: just in case anyone wants to read something that helps explain the huge difference between ‘reserves’ vs ‘prospective resources’, this link is reasonably clear: hTTps://www.spe.org/industry/docs/PRMS-Guide-for-Non-Technical-Users-2007.pdf
spikeyj
06/5/2022
19:28
Spikey .. you should have closed that short while the price was low ... if someone bought 1.2 million shares there had to be someone selling 1.2 million shares .. thats the basics of share trading is all about .. nothing mysterious. i wouldnt say there are no resources on barricuda see RNS 30/3/2022 There are prospective resources of up to 574 million barrells recover say 30% say 172 million at 120 a barrel thats 20 billion dollar upside to play with
ruedolf
06/5/2022
16:35
Decent day.... number 2 on the leaderboard ignoring McColls!
mobyrich
06/5/2022
15:07
Align had a target of well into double figures for ADME - ( if i remember correctly) Like to see what they make of this as caveat was management - Could get interesting -
tomboyb
06/5/2022
15:04
This will be over 1p surely.
rangenoresources
06/5/2022
14:42
ADME up 10% - Be interesting to see Align take on this -
tomboyb
06/5/2022
14:18
Absolutely nothing available - Looks like MMs want to hold the share price -
tomboyb
06/5/2022
13:30
Looks like Fake Arnie and Spikeyj called it wrong again.What a pair of numpties
rangenoresources
06/5/2022
13:29
Nothing at 0.85p now - The recent placing was by one institution who took all the shares - No retail involved -
tomboyb
06/5/2022
13:18
They won't let you buy - Certainly at 0.80p anyway -
tomboyb
06/5/2022
13:09
NT at 0.80p - Subsequently, NHNL ("the Defendant") applied to the court to set aside the interim injunction order. The Court pronounced NHNL's application as lacking in merit and the application was dismissed.
tomboyb
06/5/2022
13:08
Nice one ;-)
stockriser
Chat Pages: 180  179  178  177  176  175  174  173  172  171  170  169  Older
ADVFN Advertorial
Your Recent History
LSE
ADME
Adm Energy
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20221007 19:56:49