Afc Energy Share Discussion Threads

[ride the wave] 01/5/2015 09:44

In a RNS I believe , or in an interview on proactive investors .

You ain't got a clue what's going on (pmsl) .

DYOR and DYOR .


Hooked up to the main grid in Germany (June) and we be at full power to grid in December .

Once again ...DYOR !!

Lol

[norbus] 01/5/2015 09:06

RTW

You have to be Mr Bond's PA to know the plan to hook up to the grid next month; Care to tell the mugs here where you have seen this secret published?

[ride the wave] 01/5/2015 08:42

Nice buy - we should bounce from the bottom of our trend line today/Mon IMHO .

[liam1om] 01/5/2015 08:31

Back in this morning on that dip at 42p.

Good Luck all.

[ride the wave] 01/5/2015 08:27

Afc hook up to the main grid NEXT MONTH .

😄

[norbus] 01/5/2015 08:08

A profit is a profit, and this no one can deny

[broshm] 30/4/2015 21:15

Oh! to know the future , it is so easy after the event to say thats how it would be .How many times can I get it wrong ?
A profit is a profit .

[ride the wave] 30/4/2015 21:00

You don't get multi multi baggers by selling on every little correction wave .

HOLD IMHO .

[petewy] 30/4/2015 20:23

Oy Tidy.
If you're going to cut and paste couldn't you just keep it to news and not taker up yards of space.

[tidy 2] 30/4/2015 19:51

2014 Full year resultsWe continue to see value in our portfolio and are confident that we can emerge from the difficulties of the past nine months as a more nimble, well governed and transparent business.Download 2014 Full Year ResultsDownload Annual Report 2014

[tidy 2] 30/4/2015 19:50

News just in Completion of interim funding, appointment of new CEO and update on reservesUS$255 million of net total funding to be provided by bondholders as part of the recapitalisation, with the ability to increase such net funding to US$305 millionArrangements for the provision of US$200 million in net interim funding provided by bondholders have been completed, the remaining committed US$55 million will be provided at closing which is expected to be in July 2015Alan Linn has been appointed as Afren's new CEO bringing to 'New Afren' 35 years' of industry experience and a successful track record implementing strategic change within established businessesThe recapitalisation and investment demonstrates the ongoing commitment to invest in NigeriaThese steps set 'New Afren' on a decisive path to address the operational and governance issues it has faced and ensure it can successfully reposition itself focused on its core Nigerian producing assets.Commenting today, Alan Linn, new CEO of Afren plc, said"I am looking forward to working with the Afren team and its partners to deliver a lean and effective business with an oil production and development focus. The strong support shown by key stakeholders ensures we can now progress a number of important development projects in Nigeria which will contribute early production and revenue to the business and support our aim to be profitable in a lower oil environment.There is a lot to do. However, the core assets and the quality of people and partners I've met give me the confidence to say that Afren has an attractive future and I am pleased to have the opportunity to contribute to this future success."Commenting today, Egbert Imomoh, Chairman of Afren plc, said"I am very happy we have reached agreement on our recapitalisation which will allow us to create a 'New Afren'.I am also delighted to welcome Alan Linn as CEO to drive the future redevelopment of Afren. He comes with deep industry experience and a strong track record of success. We are fortunate to have attracted such an outstanding CEO to lead the 'New Afren'. I would like to thank Toby Hayward for stepping into the role of Interim CEO at a very difficult time in the Company's history." Download full announcement here For further information contactAfren plc+44 20 7864 3700Simon HawkinsGroup Head of Investor RelationsBell Pottinger(public relations adviser to Afren plc)Tel.: [phone]Gavin DavisHenry Lerwill

[hereford29] 30/4/2015 17:38

who is this Lucien Miers fellow then, "infamous bear raider" oh-er, better sell up sharpish chaps, we will be gothamised next week. curses, the cunning plan has been rumbled, who else can we get to sign a few MOUs?

[hereford29] 30/4/2015 17:35

My word is my bond, junk bond, got any dosh to invest in a dodgy fuel cell caper?

[hereford29] 30/4/2015 17:32

never fear, Bond is here....

[norbus] 30/4/2015 13:49

Maybe Bond is building a book for a fundraising to undertake the projects he has initiated? If Abramovitch paid 26p, they ought to be able to raise at 30-35p despite the last raise being at 10p ; I don't see this as a retrace, having been holding solid for quite a while.

[tr4der1] 30/4/2015 13:04

Looks likes its gonna re trace. Greed is not good, bad for health and wealth.

[norbus] 30/4/2015 10:00

MM shake

Be back at 55 B4 you can say Bond

[johndee] 29/4/2015 22:55

Looks like CPX is going to be the next multi-bagger........started today...up 86%.

[beeezzz] 29/4/2015 12:01

CAP-XX are an interesting company I've watched them for about 5 years..it seems they may have succeeded...like all research it takes far far longer than the market expects...enviropaul GL with that investment. You may like to consider IKA...not sure when this one will get into production.

[hereford29] 29/4/2015 11:44

indeed, and AFC would be about buying driverless traffic! Arf! oh look, another hot tip has just appeared, CPX, I will get a 100 fold increase if I buy this one, sounds like a no brainer eh? Well, as I have no brain, I better buy some then.....