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Share Name Share Symbol Market Type Share ISIN Share Description
Andalas Energy And Power Plc LSE:ADL London Ordinary Share IM00BZ7PNY71 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.165p 0.16p 0.17p 0.165p 0.165p 0.165p 3,065,475 07:49:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.0 -1.0 -0.0 - 1.00

Andalas Energy And Power Share Discussion Threads

Showing 4751 to 4766 of 5100 messages
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DateSubjectAuthorDiscuss
31/8/2018
17:46
Euclid, So you bought £500 worth as a punt which you do not give a monkeys about in a company which you now consider: "It's so obvious this is a dog of a co. & a dodgy BoD's so all confidence has gone" Yet you waste time writing long posts, challenging someone who has the same view. Ok that is different. I took the trouble to reply fully to your previous long post and will do so again, because you are articulate and the discussion is interesting, unlike most of the drivel that gets posted on here. We might both learn something that helps us with our own investing. "So exactly what mistakes am I making please?" Firstly you do not read what is written properly eg: If you feel the below is correct, report him to the authorities, or email him directly to question / correct him "I have to give Gorringe credit where it is due and I feel his RNSs do meet the requirements of AIM rule 10" Why would I report him for following the rules? I know it is rare on AIM and rules 10 and 11 are the ones most often breached, but to report the odd ones who do follow them seems extreme! Secondly you do not question properly. I answered the question you asked with "BP and Shell" and said you had asked the wrong question, you then go off on an diatribe, because you asked the wrong question in the first place. Thirdly you do not analyse logically or critically and go off on tangents. I never questioned the volume figures for the resources. I specifically questioned the GCOS figures ADL had done from what the operator said, which are actually the most important to look at when dealing with undiscovered resources ie ones you do not know even exist. Do you know what GCOS stands for and in particular what the implications of the G means within that? From your arguments, I suspect you do not. Also why are you impressed that the common standard has been used (I read the RNS - that note should not really need saying) but you are not concerned about the degree of independence and competence of the people who provided the data and of those who did the assessment? so the forth mistake you make is you do not have the background knowledge or critical thinking skills to assess properly the information you are reading and then cutting and pasting to support your argument. The fifth mistake you make is you make assumptions that suit your point of view, rather than ones which would inform your point of view if you made the effort to challenge any of your own assumptions. In short you suffer badly from confirmation bias and that drives quite a few of your earlier mistakes. The other mistake you may also make, but it might only be with your argument on ADL because you do not give a monkey's about your small punt, is you do not do your own research to find independent corroborative / contradictory evidence to confirm or deny what the company says in its RNSs. This is a fatal mistake if you are making it elsewhere. Let's move on to Badger. Why do you think Gorringe released an RNS about the seismic reprocessing when the other listed partner, who has a bigger stake than ADL, does not consider the results to be conclusive and is continuing with its own assessment and quite rightly will only inform its shareholders when the results are reliable and material? Https://www.petroleum.fo/get.file?ID=15839 "License P2112 (Badger field) is one coming from Atlantic Petroleum’s past and with a higher risk profile than projects being considered now (see Note 1 below). The Company is a 33% equity partner alongside Holywell, and together has invested, during this report period, into reprocessing of existing seismic data. The outcome is anticipated as being higher resolution geophysical detail and ability to better risk grade reserve structure and potential. Once this work is complete (planned for mid August) a period of specialist interpretation occurs and Atlantic Petroleum will temporarily engage its own technical expert to determine whether there is upgraded asset value and justification for involvement in physical appraisal work." As you are a shareholder and I am not and you believe in "email him directly to question / correct him" Please let us know what response you get when you ask him why he failed to mention this in his RNS and subsequent podcast.
sweet karolina
30/8/2018
16:49
Https://www.shareprophets.com/views/37988/i-have-to-wonder-how-andalas-intends-to-fund-any-actual-work-at-its-new-licences
sweet karolina
29/8/2018
20:55
A total of 52mmbls Recoverable oil from prospective resources Guess that's worth nothing really
euclid5
29/8/2018
19:53
Zen, I would be very interested to read your analysis of why Atlantic (the other listed company with a stake in Badger twice the size of ADL's) has not said anything to its shareholders about the results of the seismic reprocessing. Your analysis of the market reaction to today's fantastic news would also be very interesting. So off you go, I am sure there are other contributors to this board who would be very interested to see what you think about the company.
sweet karolina
29/8/2018
19:20
SK - for many years now and you’re still on about good all ADL placing! You definately resent this stock.
zen12
29/8/2018
18:20
Great market reaction. At least some have learned what a pre placing ramp looks like.
sweet karolina
29/8/2018
07:18
https://www.investegate.co.uk/andalas-energy-and-power-plc--adl-/prn/agreement-to-acquire-indonesian-project/20180829070000PA89E/ Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), is pleased to announce it has entered into a conditional agreement to acquire an interest in the Bunga Mas Production Sharing Contract (the “Bunga Mas PSC” or the “PSC”), located in South Sumatra, Indonesia. Highlights: Acquisition of initial 25% participating interest in Bunga Mas PSC via a corporate acquisition with right to increase interest to 49% and then 100%. Consideration of 19,200,000 Andalas ordinary shares to be issued as follows: 9,600,000 shares on completion of the acquisition of the initial participating interest (“Completion”). 9,600,000 shares on regulatory approval of increase of interest to 49%. The consideration shares, representing 6.5% of Andalas’ current issued share capital, to be issued at the prior 5-day volume weighted average at the date of issue. Completion is subject to various matters including extension of the exploration period of the PSC. Andalas to undertake new exploration and development of the PSC as an exclusive operation entitling it to 100% of the cash flows available to participating interest owners under the PSC. The Bunga Mas PSC is located onshore, near existing upstream facilities, in the prolific producing South Sumatra basin, Indonesia: Within the PSC, the Bunga Mawar field has been assessed by the operator to contain 2C contingent resources of 0.22 million barrels of oil (“MMBO”) and best prospective resources of 2.09 MMBO (gross) in the Air Benakat formation. Initial work programme plans to test the Bunga Mawar field and to convert prospective resources to additional contingent resources which will form the basis for a plan of development. Further details of work programme to be announced on completion. The acquisition includes a pro-rata share of unaudited brought forward past costs that are recoverable by participating interest owners from future revenues in priority to various other distributions (“Cost Pool”). Previous expenditures on the PSC total US$111,695,000 (gross) of which a proportion is expected to be Cost Pool attributable to the Bunga Mawar project and will, assuming recovery is permitted by the regulator significantly enhance the projects economics.
therealtonythetiger
29/8/2018
07:06
Very interesting RNS
jammytass
23/8/2018
11:42
Here is a link to help you find the market release by Atlantic (twice as big a stake in Badger than ADL) Https://uk.advfn.com/p.php?pid=news&symbol=N%5EE%5CATLAC It would seem that it is SG who is peddling the fake news: Https://www.shareprophets.com/views/37869/is-andalas-over-egging-the-badger-pudding-another-pre-placing-ramp-exposed "someone intimately acquainted with Atlantic has been contacted and he said that the results were "not considered to be conclusive” and that it was continuing with its own internal review. Atlantic will only make an announcement if it considers that it has information that is material."
sweet karolina
23/8/2018
10:11
no more fake news SKock
domple
23/8/2018
09:46
Go on then domple provide a link to Atlantic's announcement on the reprocessing. It is a listed company and under similar rules about disclosure as other listed companies. Oh dear more bull from dunce boy domple. Maybe Tony can help you out, if he has managed to work out what impact a consolidation has on % holdings.
sweet karolina
23/8/2018
09:34
more bull from the SKunt
domple
23/8/2018
08:40
And where are those further updates from Atlantic? Why did Spirit (formerly Centrica) give their stake away? Where is the $20m to drill and test an appraisal well going to come from?
sweet karolina
22/8/2018
19:54
LICENSE PORTFOLIO 31TH MARCH 2018 STATUS BADGER (33.3%) - UK Licence P2112 – Appraisal and Development. 2017 saw Spirit Energy exit the licence leaving Atlantic Petroleum and Holywell Resources holding full equity and a licence extension of two years. Work progresses on PSDM reprocessing to better evaluate reserves in place and recoverability with the potential to drill an appraisal well early in 2019. Further updates will be provided as 2018 progresses. Https://www.petroleum.fo/get.file?ID=15809
euclid5
22/8/2018
11:28
blah, blah, blah....yawn yawn
domple
22/8/2018
10:44
Https://www.shareprophets.com/views/37869/is-andalas-over-egging-the-badger-pudding-another-pre-placing-ramp-exposed Explains why Atlantic has not bothered to tell its shareholders the "great news" about Badger "the results [of the reprocessing] were not considered to be conclusive” With a farm in partner needing to put up about $20m to find out if enough gas is actually there to be commercial, with a 70% chance of a duster, and the other partner not convinced, I think OGA will be looking to either award the licence to someone who has the where-with-all to exploit it or just let it P2112 expire. At best it is just going to sit there for years praying for a farm in.
sweet karolina
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