Conder Environmental Share Discussion Threads

[writz] 25/1/2006 13:30

HABAYYUT -- how did you get Squaregain to bring up this company? The Search All Markets just brings up Concorde Career Colleges. Also, just hate to buy something that's already 300% up, but haven't crunched the numbers yet.

[sranmal] 25/1/2006 13:23

A summary of developments since float:

12 Oct '05: Appointed ex-USSR Minister of Geology (Professor G A Gabrielyants) as Non-Executive Director.

1 Dec '05: Appointed Senior Non-Executive Director (Charles E Hussey) and a Senior Special Advisor (Harold D Zimmerman), both with experience in the Russian Federation.

7 Dec '05: Signed MoU for potential acquisition of 100% of Pechora Energy. Pechora Energy, a private Russian company, owns the Luzskoye Field which contains a mix of proved, probable and possible reserves - interview below states likely to be up to 50 mmbbls, although confidentiality precludes stating them at this time. The MoU grants Concorde a period of exclusivity running until 1 March '06. The field is currently on "seasonable production" and is close to existing infrastructure allowing easy transport of the produced oil. Acquisition includes a rail terminal - interview highlights this as very important.

11 Jan '06: Placing raising £1M as mentioned above, mainly to complete DD (by PWC) and gain a CPR regarding the acquisition of Pechora Energy. Some of the monies raised will also be used to carry out DD on the two neighbouring fields to Pechora Energy's assets which may be considered as future acquisitions and to provide DD for a further potential acquisition in the Volga Urals region. In total, this work is estimated to cost £800,000. The remaining £200,000 will supplement the Company's working capital requirements.

All news releases:


Prospectus:


Interview with Chief Executive:


Unfortunately, this interview has been pulled, not really sure why. It did state their first acquisition would be "up to 50 mmbbls" and include the rail terminal which has a lot of spare capacity which can be used in the future by the Company for satellite fields, or by other companies.

[egoi] 25/1/2006 13:22

Wow a tenbagger and the rest; well played! market cap 9.33 milliion.

One or two VOG topslicers also latching on to HEP's huge and so far largely unspotted (by investors) gas find as well, could be the next CDE. the great thing with HEP is that they have alreadyfound gas in abundance.

HEP's market cap still c 2 million. For anyone interested:

[english bigblls] 25/1/2006 13:21

£9.33M of hot air? Or are there some fundamentals supporting this valuation?

[habayyut] 25/1/2006 13:20

Tone

LOL

looks like we hold a very very similar portfolio. Hope you do well.

[gdennett] 25/1/2006 13:19

me me £9.33M is listed on OFEX!

[tonester30ccfc] 25/1/2006 13:19

Jane,

I'll swap all of mine for half of yours!!

Tone

[habayyut] 25/1/2006 13:17

Hi Tone

no topslicing for me. LOL

[me me] 25/1/2006 13:16

whats the MCAP HERE?

[tonester30ccfc] 25/1/2006 13:15

Delighted with the rise today. A bit of VOG topslicing I guess, but no complaints.

Plenty of upside between here and early March even. The story here hasn't even started to unfold

Tone

[tsmith9426] 25/1/2006 13:11

just got 100k had to pay 10p

[habayyut] 25/1/2006 13:11

geophy

i only bought today..i intend to read more about this. knew about it since monday, could have bought at 6/7p then

[wassapper] 25/1/2006 13:10

you have to pay near 10.5p for a decent purchase now.

[geophy] 25/1/2006 13:09

Hi guys,

I just got a glimpse of this high flyer. Do you think there is still upside potential to enter at this stage?

[me me] 25/1/2006 13:08

bought a few just following the luck ;-)

[tsmith9426] 25/1/2006 13:06

im in to join the party,
tonys

[habayyut] 25/1/2006 13:02

Sranmal

thank you, you are a star,even in the corner.

[sranmal] 25/1/2006 13:01

Thanks Stuart. I just sit quietly in the corner and keep my head down! Yep, it was wassapper who lead me here!

[wassapper] 25/1/2006 13:00

and I told sranmal .... ! And it was Andy's posts that brought me here in the first place. Credit where it is due!!

Good luck to us all.

[stuart14] 25/1/2006 12:58

Well done Jane. Sranmal was the man that brought it to their attention so Thanks should go to him too!

[habayyut] 25/1/2006 12:51

thanks to Shrewd and Zengas... i've now taken an initial holding in this.

[krutt] 24/1/2006 13:48

ATI also worth looking at! Also on Ofex

[egoi] 24/1/2006 08:54

Sorry wrong thread! -:*)