Andalas Energy And Power Share Discussion Threads

[ronjoe77] 31/8/2017 10:55

If Adl,can't get a descent lawyer to shut this mob up ...then it looks like Adl are hiding from something,

[ronjoe77] 31/8/2017 10:49

Adl if the truth be,should suppend and demand thatthe Fas investigate into this shambles once and for all

[ronjoe77] 31/8/2017 10:46

This should be suppend now.

[domple] 31/8/2017 10:01

Sounds a bit like what happened at gwmo before it multibagged.

next 3 months should be interesting!

[noirua] 31/8/2017 09:37

I'm having to use foreign browsers to find information - posted without comment:

THE 7th INDONESIA POWER GENERATION & IPP SUMMIT
9 - 10 May 2017 | Shangri-La Jakarta Indonesia


Indonesia Power Generation & IPP Summit is the country’s most influential conference & exhibition dedicated to advancing sustainable, reliable and competitive power generation business in Indonesia. The event is held annually, and continues to set the agenda for a discussion on the future of power generation business, technology and sustainability. Our conferences are carefully researched and designed to pinpoint opportunities for growth and profitability, and provide attendees with access to the best thinking, best practices, and innovations.

Speaker: David Whitby, CEO, Andalas Energy & Power
Attending companies: Andalas Energy and Power

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Translated - July 2017
Andalas Collaborate with PT PP Energi to Provide Sustainable Power

[noirua] 31/8/2017 08:55

Beaufort Securities acts as a corporate broker to Andalas Energy and Power Plc - 16/08/2017
Our View: Andalas is a relatively poorly understood vehicle, and some financial journalists have still not grasped what management has achieved in Sumatra.
This is partly due to an under appreciation of management's specific Sumatran gas experience and capabilities.
The CEO Dave Whitby has over 20 years experience in the Indonesian gas industry much of that on Sumatra with major E&P companies and gas projects.
He also worked at a senior level for Pertamina, the national oil company. He is supported by an Indonesian and Western team with longstanding Indonesian experience and contacts.
Following this fundraise, Andalas is well placed to continue development of its first project Jambi 1 a 30MW wellhead gas power plant.
And we expect the market to begin to focus on the Indonesian operations rather than the balance sheet. We anticipate the shares doing well from current levels and have a Speculative Buy recommendation.
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pertamina persero pt

[patch13] 30/8/2017 22:19

Looking forward to hearing what bmd has to say at the egm tomorrow - surely he must be going to air his grievances given he had travelled to Indonesia to unearth all the dirt!

[patch13] 30/8/2017 19:46

What a pollock - the first tranche have already been issued - total prat

[patch13] 30/8/2017 19:27

SK - keep trying - you are sounding desperate

[therealtonythetiger] 30/8/2017 16:19

RNA 2moro..
The Placing comprises a placing of 900,000,000 shares (£585,000) placed pursuant to existing authorities granted to the Directors (“Unconditional Placing Shares”) and a placing of 715,384,615 shares (£465,000) (“Conditional Placing Shares”) conditional, inter alia, on the passing of a relevant resolution at an extraordinary general meeting of the Company ("EGM"). A circular containing a Notice of EGM will be sent to shareholders on Tuesday 15 August 2017.

Shareholders should read the full text of the Notice of EGM. A copy of the Notice of EGM is available on the Company's website (www.andalasenergy.co.uk) and is available for inspection at the Company's registered office at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP.

The EGM will be held at 11am on 31 August 2017 at the Company's registered office at IOMA House, Hope Street, Douglas, Isle of Man, IM1 1AP. The purpose of the EGM is to consider and, if thought fit, to pass the resolutions necessary to authorise and issue the Conditional Placing Shares.

[deanmatlazin] 30/8/2017 16:16

Can see this is going to suspend soon.

[noirua] 30/8/2017 15:07

Hi Daniel Levi BMD - have you contacted PT Energi (Persero) to find out if there is a contract in place between them and Andalas Energy? If not, you are probably going ahead without certainty.
From a time frame point of view joining up would mean holding shares hoping an action group would solve matters.
I cant see the point!

[daniel levi bmd] 30/8/2017 12:58

Join up or lose the lot. That's the stark reality guys!!!!


Andalas Energy & Power Share Holder ACTION GROUP LAUNCHED TODAY! [e-mail]

[therealtonythetiger] 29/8/2017 16:18

This is the only thing you need to read at the moment..

Everything else including other websites is just pure copy n paste and or heresay..
This where we are in the game until further news from the company..

[noirua] 29/8/2017 16:17

Indonesian contruction firm PT PP go public this year
8th August 2017

The subsidiaries to float part of their shares this year include PT PP Presisi, PT PP Energi dan PT PP Urban, Chief Executive of PT PP, Tumiyana said here on Monday.

[patch13] 29/8/2017 16:09

Noru - you surely can't be suggesting this is done sort of fraud - get a grip

[noirua] 29/8/2017 14:40

So far unable to trace the Gas Fired Well-Head Facility 30+MW - Jambi1, Sumatra. Maybe it's just a gas supply contract and therefore not big enough to mention.

As a state-owned company, PT PP Energi is open to every business cooperation opportunity, particularly with another state-owned company such as Pertamina and PLN as nation’s experienced state-owned companies in energy sector to deliver energy solution for Indonesia. For example, PLN has committed to reward a long-term contract toward PT PP Energi to supply gas from the field’s wellhead production for the IPP. PT PP Energi is also working on to supply additional volume of oil and gas to Pertamina Refinery Unit to support the operational activities.

[ronjoe77] 29/8/2017 13:25

Yes please no milk or sugar