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 Shares Traded Last Trade
  -0.075 -7.32% 0.95 72,700 14:56:32
Bid Price Offer Price High Price Low Price Open Price
0.90 1.00 1.025 0.95 1.025
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.80 -6.90 -8.70 2
Last Trade Time Trade Type Trade Size Trade Price Currency
14:56:14 O 17,287 0.96 GBX

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Date Time Title Posts
28/1/202220:32Adm Energy (ADME) Moderated Free for all.2,738
17/12/202112:44Short this Pile of Dung to 4p46
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Trade Time Trade Price Trade Size Trade Value Trade Type
2022-01-28 14:56:160.9617,287165.96O
2022-01-28 11:25:101.024,90149.99O
2022-01-28 08:08:060.9550,000475.00O
2022-01-28 08:03:480.955124.86O
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Adm Energy Daily Update: Adm Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker ADME. The last closing price for Adm Energy was 1.03p.
Adm Energy Plc has a 4 week average price of 0.78p and a 12 week average price of 0.70p.
The 1 year high share price is 5.35p while the 1 year low share price is currently 0.70p.
There are currently 255,480,863 shares in issue and the average daily traded volume is 1,510,480 shares. The market capitalisation of Adm Energy Plc is £2,427,068.20.
londonikan5: PWhite73, we hear of another UAE Sheik investor (#3) we hear from ADME of new acquisition. Aje Field is in decline (Fact), two wells are producing, the chance that one can revive the cash flow through a gas development to WAG on an unfunded development through another suitcase company (PetroNor)? They defeated Align was a for gone conclusion as Osa owns Hessia. What else does ADME have, Barracuda is in litigation with Fraud allegation against them? Barracuda Field has it produced any oil, 4 wells but no production? Sinopec, walked, Oryx walked why does ADME an Investment company think they know more than all others. ADME is as you stated is a squatter trying to just raise chump change not drilling money to just continue the fleecing of investors to support their lifestyle. It is sad
pwhite73: Spikej - "but is minimising the serious risks that this company will simply fail completely as a going concern" How can the company fail as a going concern when a complete stranger has just poured £561k into it before a make or break court case on 1/03/2022. Do you think Optima Resources don't know what's going in ADME. ADME are not going bust or will the stock be suspended. Why they've been able to bring Zark, Monecor, Align and others on board is because the wallets of PIs have been used as security via discount placings. Currently this is not an option for the company. However they are hoping it will be in the not too distance future when the gravy train will start again. In the meanwhile they need to get the share price up. The first salvo starting with Optima subscribing for £561,000 of shares at 1.11p and setting future options at 4.5p. This is a technical argument which you can't seem to grasp.
pwhite73: LondonIkan5 - "ADME/KONH never closed with NHNL, ADME closed with KONH but neither KONH or ADME is reported to have closed or contributed any money or consideration to NHNL" You misunderstand the relationship between ADME, KONH and NHNL. KONH owns 70% of the shares in NHNL. By acquiring a controlling interest in KONH ADME by default owns the 70% interest in NHNL. Osa sits on the board of KONH. KONH stands for Karra Oil Noble Hill. NHNL are attempting to sell stakes in OML 141 that it does not have the authority to without the permission of the 70% majority share holder KONH. The court has agreed that there is merit in what KONH are claiming so has imposed an injunction on NHNL preventing the sale of licenses or portions thereof until it is established who actually owns NHNL. This will be heard by the court on 1st March 2022. All three companies are license squatters none has any money to develop anything. All three are awaiting US, UK and European oil giants to take an interest in OML 141.
londonikan5: PWhite73, I agree with what you say and your definition of what ADME was created to do. However first i would like to propose a different scenario, ADME claims to have an interest in Barracuda Field (NW OML 141 RSC) but I propose a different option; ADME/KONH never closed with NHNL, ADME closed with KONH but neither KONH or ADME is reported to have closed or contributed any money or consideration to NHNL. Please let ADME show a single Naira compensation to NHNL or the NW OML 141 RSC, they can not as they never did and unfortunately, as you pointed out never planned to. This was an Investment Company pure and simple bait and switch play. Good luck to all that have invested in ADME
terminator101: Lol, you clearly don't understand. I can give you plenty of other examples, and none of them are good for shareholders. The idea that they will punt the price up above 1p on hot air so that they can do a raise at what would be a premium to the current share price is just total nonsense. Adme is skint. They have zero good news for the mug punters. And they need cash and need it soon. The desperate cannot dictate terms. The next placing or death spiral finance will not be pretty.
terminator101: While the drama plays out, let's just remind ourselves of the lies and false information posted by the (tiny) boiler room leader Range. Is it any surprise that some 7 month later when the company has delivered nothing that Range has tried so hard to cover his tracks and behaved like a creepy stalking psychopath. __________________RangenoResources - 28 May 2021 - 14:15:54 - 871 of 2454 Adm Energy (ADME) Moderated Free for all. - ADMEExcellent spot. Hoping to hear news that ADME have secured one or some of these areas. Hopefully that will shut Spikey and Fake Arnie up__________________RangenoResources - 01 Jun 2021 - 11:16:02 - 899 of 2454 Adm Energy (ADME) Moderated Free for all. - ADMEMaybe someone knows something about awards today in Abuja?_________________RangenoResources - 04 Jun 2021 - 09:40:38 - 976 of 2454 Adm Energy (ADME) Moderated Free for all. - ADMEUpcoming news I would be expecting from ADME- TR1- next lift from AJE- next investment announcement - marginal news- half yearly reportWhich one comes 1st is the question
spikeyj: hi range, sure, i am speculating about possibilities, based upon the available public information, including published accounts. i don’t know if align are selling, buying or sticking, but I’ve seen no recent TR1s. shareholders in ADME have already had to put up with osa previously discouraging pis from doing their own research. … imv it is probably sensible for pis to keep an open mind about what is going on, to listen to what ADME says, and what align say ( - sounds helpful align intend to issue a full statement, & hopefully that will also prompt the ADME BoD to offer a full statement / explanation of their own! - ) and what NHNL say, + plenty of other sources of info & analysis, & form their own opinions based on the full range of information & ideas available to ‘em. holders who have listened to osa’s upbeat stuff over time, and align’s previous rampy price predictions, have lost big chunks of money. holders who listened to critics of ADME have saved chunks. … above all, though, look at the company accounts and balance sheet, look at cash coming in and cash going out, & look at bopd figures. jmv.
terminator101: Both of these claims cannot be true. Either ADME have a stake in barracuda or they don't. The noble hill network claim that ADME have not paid and have no legal title. This needs urgent clarification. Is this why we saw resignations like rats deserting the sinking ship?_________________________28 April 2021ADM Energy PLC("ADM" or the "Company")Completion of Barracuda Field TransactionADM finalises deal to invest in the development of the Barracuda oil fieldFirst oil of 4,000 bopd targeted in H2 2021 with favourable accelerated economicsFurther to the announcement on 23 March 2021, ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce it has completed its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda Field in OML 141 (the "Field"), an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria.Highlights-- ADM acquires a 51% interest in K.O.N.H. UK Limited ("KONH") (the "Investment"), which holds a 70% indirect interest in the rights, benefits and obligations under the RSA relating to the Barracuda area of OML 141-- ADM will provide technical and financial support to the RSA Consortium in return for favourable accelerated economics and a 15% Net Profit Interest in the Field -- New work programme to be produced by the RSA Consortium and joint operators -- New CPR on the Field expected to be completed in the coming months -- ADM's internal estimate suggests that first oil of 4,000 barrels of oil per day ("bopd") may be possible in H2 2021-- ADM considers that there may be an opportunity to further increase Field productivity from further drilling. Following the receipt of the CPR and further technical appraisal work, it may be possible to:o Increase production to ca.23,000 bopd by drilling six wells by 2026o Develop a 12km pipeline to Brass Export Terminal, reducing operating expenditure to US$12/bbl (from US$20/bbl)Details of PaymentFollowing completion of the Investment, ADM has paid US$0.25 million (approximately GBP180,000) in cash and US$0.55 million (approximately GBP395,000) in ordinary shares at the price of 7p. As a result, ADM has issued 5,657,912 in ordinary shares of 1 pence each at 7 pence per share ("New Ordinary Shares"). The New Ordinary Shares are being issued to Calabar Capital Limited which, on admission of the New Ordinary Shares to trading on AIM, will hold 5,657,912 ordinary shares, representing 3.59 per cent. of the issued share capital of the Company. Calabar Capital Limited has entered into a lock-in agreement with the Company not to dispose of any shares issued to it in consideration for the investment for 12 months after the issue of any such consideration shares, save for in certain limited circumstances or upon the prior written consent of the Company.The overall consideration for the Investment may total up to US$1.3 million payable in cash and equity. The remainder of the consideration is contingent on demonstrating commercial flow rates from the first new well, and payable as follows:-- US$0.1 million in ordinary shares of ADM issued at the higher of 7p and the five-day average of the then prevailing share price upon signing of drilling contract for the Barracuda-5 well-- US$0.4 million in ordinary shares of ADM issued at the higher of 7p and the five-day average of the then prevailing share price on completion of a successful flow test in respect of the Barracuda-5 wellOsamede Okhomina, CEO of ADM Energy plc, said: "We are delighted to complete our investment and acquire a controlling interest in a Risk Sharing Agreement for the development of the Barracuda Field. The expectation is for Barracuda Field to come on stream later this year following the drilling of a new well, which, if successful, should give ADM a considerable increase in production volumes and cashflows. With the potential for several new wells in the coming years, we believe this investment and the Barracuda Field represents a compelling opportunity to add significant value to ADM."Admission to AIM and Total Voting RightsApplication will be made to the London Stock Exchange for the New Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM. Dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on or around 4 May 2021.Following the issue of the New Ordinary Shares, the Company will have 157,580,862 ordinary shares of 1p each in issue. There are no ordinary shares are held in treasury. The figure of 157,580,862 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.Capitalised terms in this announcement shall have the meanings given to such terms in the Announcement at 07.00 a.m. on 23 March 2021.
davemarn: ADME so the shorts still fester here? But Angus Energy 0.90p Positives • Equipment should be arriving on site Nov 21 – Feb 22 proving this isn’t hot air! • Permitting and Approvals expected early December 2021 • First time in 2 years a Project is about to become a reality early 2022 • Huge rise in Gas Prices (300-400%): 51% stake in onshore Saltfleeby Gas Asset • 52% recent upgrade to NPV10 from a revised CPR of Gas Asset now £25.5m (£9m market cap) • £12m fully funded for Saltfleeby • Sidetrack to Gas Project Planning Permission in place to try and double output • £1.4m Convertible Loan Note holdings extended deadline to April 2023 for final payment! • 2x Director Buys of 1m each mid 2021 • £8m potential funding with Aleph and Associates for a valid Geothermal play • 165m Warrants of £2.1m at 1.36p average potentially available • 26m Employee Options at 1.5p but fully vesting at 2p too Negatives • A group of Locals persistently fester on UK Share Forums to stop any buying momentum, the success in market cap makes it harder to stop any of their projects dead in its tracks! • A substantial undercurrent set of Short Sellers who seem to be betting against delivery and pre-gas price rally; now hurting and desperate to close out their positions – towards First Gas Q1-Q2 2022. Their short positions could create a dramatic squeeze to 2p alone IMO. • Legacy Oil Assets and failed projects knocked share price and confidence of Long Term Holders • Geothermal Progress Seems Slow • Delays seem to bother some impatient traders but Aleph have stumped £12m loan! Share Price Predictions? • Harmonics showing 2-3.5p target? • Management believes 3.5p per share is Fair Value vs. 0.90p share price GLA WTFDIK DYOR
spikeyj: the prospects for any german pis considering investment in ADME are just as terrible as those facing UK pis. meanwhile, ADME has failed to interest trafigura in any deal at all so far, despite all osa’s delusional boasts about lining up 3 deals a year, winning marginal fields, etc etc. the MOU with trafigura does not in any way guarantee that trafigura will offer ADME one single dollar. it just says that trafigura *may* be willing to eyeball possible deals that ADME might have to show it, but with no commitment whatsoever to invest if they don’t like what they see. nothing more. even more obviously, there is no such thing as a free lunch. if trafigura ever did offer financing to ADME, *it would cost*. ADME can’t even afford to pay for the barracuda CPR it commissioned in may. ajmho.
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