Astar Minrls Share Discussion Threads

[tpau] 23/7/2014 09:40

For those who are on mobile phones


Shareholders

as at 23rd June, 2014



Astar Minerals Plc Share Capital
Shares in issue
134,665,413

100.00%

The percentage of securities not in public hands 0.04%
Significant and Substantial Shareholders
Jim Nominees Limited [JARVIS]
51,506,527

38.25%

HSDL Nominees Limited
9,444,027

7.01%

Paternoster Resources plc*
7,400,000

5.50%

Hargreaves Lansdown (Nominees) Limited [15942]
6,631,597

4.92%

Barclayshare Nominees Limited
6,301,396

4.68%

LR Nominees Limited [NOMINEE]
6,151,371

4.57%

TD Direct Investing Nominees (Europe) Limited [SMKTNOMS]
5,183,108

3.85%

TD Direct Investing Nominees (Europe) Limited [SMKTISAS]
4,722,928

3.51%

HSDL Nominees Limited [MAXI]
4,665,658

3.46%

Hargreaves Lansdown (Nominees) Limited [VRA]
4,180,997

3.10%


106,187,609

78.85%

Director's Shareholdings



Lynda Chase-Gardener
60,000

0.04%




*Paternoster Resources plc is interested in 8,600,000 shares and Nicholas Lee, a non-executive director of Astar Minerals plc, is Chairman of Paternoster Resources plc.

There are no outstanding options, warrants or other instruments.

[leopold555] 23/7/2014 09:33

Name changes tomorrow to MX OIL

[sirraman] 23/7/2014 08:58

Hopefully this should start firming up around 3p in prep for final passing of the bill next month...then it depends on how fast the joint venture gets off the ground...hopefully the plans are all ready for implementation when the whistle blows...?

Sirra

[tpau] 23/7/2014 08:13

hxxp://astarminerals.com/investors/shareholders/

[stoneme] 23/7/2014 08:03

I should no and can look it up - but anyone have amount of shares in issue and what proportion are free float?Appreciated.Stone

[stoneme] 23/7/2014 08:01

Great news this am - agree with others, that MX are in the right place and at the right time. .I imagine others will now start looking at MX.

[tpau] 23/7/2014 07:45

Market Cap only 3.7m this is very much under the radar and the market has not woken up yet to the potential here.

[tpau] 23/7/2014 07:42

Astar Minerals will be MX OIL soon and the legislation is coming on nicely. In August when the final bill is passed we will be first through the front door into Mexico the worlds 10th largest oil source. Exciting times and great to be in at the ground floor :)

[tpau] 23/7/2014 07:19

Astar Minerals PLC

Update on Mexico Energy Reform


RNS Number : 0463N

Astar Minerals PLC

23 July 2014








Astar Minerals / Ticker: ASTA / Index: AIM / Sector: Oil & Gas

23 July 2014

Astar Minerals plc ("Astar" or the "Company")

Update on Mexico Energy Reform: Senate Approves Key Bills



Astar Minerals plc is pleased to note that, further to the Company's announcement on 16 July 2014, the Mexican Senate has now approved the key bills with regards to the legislation required to reopen Mexico's vast energy industry to the private sector.



The bills have now been passed to the Lower House of Congress for final approval which is expected by the beginning of August 2014, prior to being formalised into Mexican legislature by President Enrique Pena Nieto. Additionally, Lower House committees passed a hydrocarbons law on Monday that details the fine print of potentially profitable hydrocarbon licences and contracts that will, following the final Congress approval, be offered to private investors.



Astar's Chief Executive Officer Stefan Olivier said, "With the final approval of Mexico's energy reforms in sight following the passing of bills by the Senate, we are eager to hit the ground running in the coming months. With this in mind, we are in the process of finalising our joint venture with Geo Estratos, a local and longstanding oil services provider that is well placed to secure oil and gas concessions and contracts via formal bid rounds and through its existing commercial relationships. I look forward to updating the market on the finalisation of the legislation process in the coming weeks and, subsequently, our progress in unlocking the significant hydrocarbon potential Mexico has to offer."



Background Information on Mexican Energy Reforms



The secondary laws currently being considered by Congress follow the passing of energy reforms in December 2013 focused on reversing a decline in oil and gas production in Mexico over the past decade by ending state-owned Pemex's monopoly and, in the process, opening up the sector to foreign investment and expertise. The secondary legislation is required to provide the necessary framework and rules that will allow this reform to be implemented in practice.

[tpau] 22/7/2014 14:12

Down 9.5% on nothing and hard to buy shares. Nice bounce back up though :)

Anybody considering a new thread called MX OIL ? I think it would be good if you did it Jackabite?

[sirraman] 21/7/2014 10:10

Buying continues from last week...am expecting this to motor up to a new level once the mentioned law is passed by the government as then deals will start to happen....imo

Looking to at least 5p by end of year...


Sirra

[encarter] 21/7/2014 08:32

I managed to get mine at 1.1p and expecting a 10 bagger within a year.

[stoneme] 21/7/2014 08:30

Small rises, consolidating on its way is all I'm looking for from these.The new name coupled with the change in political environment can only mean good things for us. . Onwards and upwards(In at 1.9 and larger amount at 2.1 over past couple of months)stone

[phalen] 21/7/2014 08:07

Chart looking strong for another retest of 4p imo

[tpau] 20/7/2014 10:09

I like the new name MX Oil :-)

The JV with Geo Estratos looks very encouraging. Link for more information about them
hxxp://www.thebusinessyear.com/publication/article/12/917/mexico-2012/pioneer-with-a-solution

[sirraman] 18/7/2014 16:42

strong finish for the week..people are waking upto the potential of oil in Mexico..??

Once the bill is passed by Mexican government...should see some action here over the coming months as the Board take advantage of being one of the early investors in the country...imo

Sirra

[encarter] 18/7/2014 00:08

Chart has 10p written all over it.
Off topic, have a look at CFU but as always DYOR.

[sirraman] 15/7/2014 08:17

so which way is this gonna go today from 2p level???

ps: all sells today but share price blue ...could be a big buyer in the background at this level ..but who knows ??

[trickydickytwo1] 11/7/2014 11:00

Hightex Group Plc (LON:HTIG) target price of 5p, " the Company is vigorously pursuing a number of potential contracts
By Broker Recommendations And Tips News
11 Jul 2014 06:24:30 | 43 View(s)
hxxp://www.smallcapnetwork.com/Hightex-Group-Plc-LON-HTIG-target-price-of-5p-the-Company-is-vigorously-pursuing-a-number-of-potential-contracts/s/via/36628/article/view/p/mid/1/id/78/

[fatboyd] 11/7/2014 10:46

Guys check out RXP (don't sell here though!!) it's about to go and next MSMN :) GL!

[sirraman] 11/7/2014 10:43

Thanks encarter...so we have a new name end of July and ....maybe at announcement of a deal very soon after....interesting exciting few months coming up at ASTA.

[encarter] 11/7/2014 07:51

7 THAT, the name of the Company be changed to MX Oil plc.

[sirraman] 10/7/2014 16:54

Looks like 2p+ is form enough to be a new base till news.....Someone mentioned proposed changed of name to MX Oil? where did this info come from ??

[encarter] 08/7/2014 23:57

Hi cash, Eagle Ford is the best shale play but also most of their side of the gulf is relatively unexplored. PEMEX have been bled dry over the last few years so the Mexicans need cash. The oil should be quite easy to locate and plenty will be interested. Not much chance of an AIM minnow getting a look in then, but here's the coup. They have done a deal with Nogal and Geo Estratos which on the face of it looks bad business but when you do some research you find that these companies are intertwined with PEMEX and the Mexican government and look likely to get some acreage. Ideally we will end up with 10% free carry but regardless an exciting time ahead.