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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 | 0.00% | 0.325 | 0.30 | 0.35 | 0.325 | 0.325 | 0.33 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 662k | -2.12M | -0.0064 | -0.50 | 1.07M |
Date | Subject | Author | Discuss |
---|---|---|---|
31/5/2022 21:20 | If you think ADME pay me you are bonkers.ADME will come good shortly - June is going to be good month. | rangenoresources | |
31/5/2022 20:55 | never yet spotted anything remotely witty from range, “lately” or not. suspect you probably can’t really say, londonfish, which is fair enough, but i’ll ask anyway … so what was your ‘goal’? - just curious! gl & atb. | spikeyj | |
20/5/2022 08:28 | Poor old Fake Arnie - only gets paid 10p a post and that's the best he can do. | rangenoresources | |
10/5/2022 21:50 | Don't lie Fake Arnie | rangenoresources | |
10/5/2022 21:19 | Can't see what that deranged creepy stalking psychopath is posting. No doubt another "excellent day" huh. What price the placing here during a market crash I wonder. It's going to be brutal! | terminator101 | |
10/5/2022 16:21 | Are you in cubicle 3? | rangenoresources | |
09/5/2022 15:14 | Spikeyj - "it’s always jam tomorrow, never cash flow today with this lot." That goes for 95% AIM/small cap companies. At the end of the day neither the cash flow or any oil extracted is of any meaning to PI shareholders its the market reaction that counts. Whilst the share price is below 1p they cannot do a discount placing. So the downside is limited whilst the upside is large if they win the court case or bring in a partner with serious money. With the west sanctioning Russian energy sources alternatives will be sought. However I agree ADME does not have the money to further any exploration on its own and never will. Its just too small. | pwhite73 | |
09/5/2022 14:24 | If it makes you feel better or victorious I don't have an issue with it. From experience I know CPRs aren't worth the paper they're written on and neither are reserves. That goes for any experienced investor in oil companies. All that matters is what the first drill comes up with. ADME has a nominal value of 1p so they cannot raise funds below that price. At the moment it is still a safe bet ahead of court news in June. | pwhite73 | |
09/5/2022 13:59 | (interesting to have reached a point in the discussion where the rampers’ argument is that the CPR doesn’t matter, lol!) | spikeyj | |
09/5/2022 13:56 | well, at least we can agree then that the CPR which ADME themselves commissioned & published in 2022 does NOT identify any reserves at all, - & from an investment pov is meaningless/ worthless. - no wonder they delayed publishing it for so long! … some kind of funding related RNS coming within this fortnight, I guess. | spikeyj | |
09/5/2022 12:58 | Spikeyj - "tell you what, PW, why don’t you quote the bit of ADME’s CPR RNS which states that they have any actual *reserves*?" A CPR is a legal requirement for listed companies but it is as meaningless as reserves stating there are 1 trillion barrels of oil. The proof of the pudding is in the eating. Nothing can be gauged from a CPR until drilling starts. CNOOC drilled OML 141 then known as OPL 229 and found oil. This is the basis for ADME signing into the RSA. CNOOC were forced to abandon OML 141 in 2007 after investing some $60 million as were many international oil companies in Nigeria due to militant attacks on Chinese workers and equipment and general animosity towards foreign oil companies by the Nigerian government under former military leader and President Olusegun Obasanjo. If the dispute with NNHL goes in ADME's favour they will then look to finance exploration at OML 141 with their financial partners. It is the location of Barracuda in the Delta region why it is believed there are 100s of millions of barrels of oil. | pwhite73 | |
09/5/2022 08:16 | Lovely buys coming through | rangenoresources | |
08/5/2022 22:30 | tell you what, PW, why don’t you quote the bit of ADME’s CPR RNS which states that they have any actual *reserves*? … but i don’t think you will be able to find any such quote… | spikeyj | |
08/5/2022 20:35 | EERL is a privately held company, Sinochem no longer has any interest, please check your data. RE: the various CPR's Ryder Scott gave prospective resources but said upon a successful well would concert to Reserves, it was a contentious report, DNL in 2019, using the data from OML 33, 66 and 29 (Nembe Creek) production data gave it Contingent Resources to be converted to Reserves upon a successful test, Xodus in their court filing said it was wet but ADME in their RSN said prospective resources but ADME never acquired the OML 66, 33 or 29 data as they refused to acquire the data. You need to properly research the reports rather then believe anything ADME reports. | londonikan5 |
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