Conder Environmental Share Discussion Threads

[Abuse team] 22/3/2006 18:58

Post removed by ADVFN

[papillon] 22/3/2006 18:58

Mujahid2, if you are that ignorant of the basics how come you giving out information on this bb (silly info of course).

[mmorrismikey] 22/3/2006 16:11

Mujahid

Could I ask if you have a holding in CDE?
MM

[fridgebunny] 22/3/2006 16:05

Once a deal is done I would imagine they will move to AIM ASAP with the intention of raising further funding for the production of the site.

[mujahid2] 22/3/2006 15:41

whats a cash shell , and how do they become a trading company?
sorry for my minute knowledge. Thanks

[andy] 22/3/2006 15:24

Mujahid2,

They can only list on AIM when they have changed from being a cash shell to a trading company, so the Pechota Energy, (or similar) deal will have to be done first.

[mujahid2] 22/3/2006 15:21

if they trigger stop losses then their is a huge risk that everyone will double if not triple their holding at cheaper price.

Anyone know when CDE going to list on AIM.

[hd]

[johnyee7] 22/3/2006 15:19

mm's at it again 10k sell 2% drop,they'll have to shake the tree much harder than that if they want my shares.

[hard work] 22/3/2006 14:03

and extremely complicated - sale and purchase agreements, Russian law? Bookbuilding, AIM float, loan facilities..and on it goes!

[wassapper] 22/3/2006 13:39

These things never go to plan. Too many lawyers and documents to read. You have to be patient. We could even have a further announced delay. Thing is each side will be spending money so they are serious. It's just the fine details if there is a delay, not bad news at all.

[fridgebunny] 22/3/2006 09:49

Agreed, I would expect an announcement Monday at the earliest.

[hard work] 22/3/2006 09:02

...and no clues can be gathered from the share price movements.

[johnyee7] 22/3/2006 08:35

Looks like we're in for another last minute job,may even wait till monday.

[boite mobile] 20/3/2006 20:23

Over on ZBA we have a great researcher called Paddywak. I'm also interested in CDE as a Starvest holder. I thought/hope the post below may be of some interest to peeps here.

BM

Paddywak1967 - 20 Mar'06 - 10:00 - 13098 of 13173 More good news for msar



Thursday, March 16, 2006
Russia on Energy
The text below is quoted from the BBC news website (see link). The key quote is this:


"'Huge investment' is needed to resist energy shocks and guarantee future supply, Russia has said. Speaking at the opening of the G8 talks in Moscow, Russia's Energy Minister Viktor Khristenko said $17 trillion needed to be invested before 2030.".

This kind of sum has been seen before in warnings by certain oil agencies as regards keeping up future oil production. Let's do the sums on this $17 trillion.

Up to 2030 that averages $0.7 trillion per year over 19 years. Global production of oil was about 30 gigabarrels over the last year. Using the current price of about $60, that amount of oil would cost $1.8 trillion to buy. Clearly, Khristenko is envisaging much higher prices of oil to propel such an adventure in energy R&D and E&P as $0.7 trillion investment cannot be achieved by oil companies on sales of $1.8 trillion per year without killing the oil business stone dead.

How much would it take? I suggest 4 or 5 times the current level of oil prices. I remember reading Kenneth Deffeyes who stated that oil majors spent on average about $1 billion per year on R&D. One billion is just over 1/10 of one percent of 0.7 trillion. Can you begin to imagine the enormity of the task the Russian Energy Minister was hinting at in his speech?

Was Khristenko by stating such a preposterous number sending out the subtle signal that Peak Oil is upon us and its time to do something radical? The subliminal mesage is "We don't have $0.7 trillion per year to spend, so Peak Oil is a more imminent certainty."

In fact, that date of 2030 has a familiar ring to it. As it turns out, it is the preferred ballpark year for Peak Oil that less pessimistic oil observers plump for. Unfortunately, at $0.7 trillion per annum, 2030 may as well be 2003. Did Khristenko expect anyone to take this number seriously or is the message understood by other G8 member nations?

Let us put it another way, $0.7 trillion per year is about 1.5% of world GDP. If government takes about 30% in tax across the world (certainly true of the industrialised nations), then $0.7 trillion is about 5% of global tax revenues per annum.

What exactly is government going to cut out of their budgets to accomodate this kind of spending? Will voters accept cuts in health and welfare spending to fund Peak Oil mitigation? Indeed, if Peak Oil arrives to early, that $0.7 trillion is going to see some serious inflation while real GDP drops across the world.

If such a sum has to be spent, it has to be spent now while it still looks like an appreciably small slice of the world's wealth. If not, the slice will just get bigger and bigger while the pie continues to get smaller and smaller.

[fridgebunny] 20/3/2006 14:05

Yes, and got my order filled eventually!

[leesonlookalike] 20/3/2006 13:53

looking stronger and better today :-)

[fridgebunny] 20/3/2006 10:40

Trying to buy some more this morning but TD Waterhouse struggling to fill my order. And it is not a very big order, just topping up a little. Been on the phone 20 minutes.

[Abuse team] 18/3/2006 01:32

Post removed by ADVFN

[johnyee7] 17/3/2006 15:36

yes,that's right,750 shares,had to check it several times to make sure I wasn't seeing things.

[matt] 17/3/2006 15:33

750 shares!

[johnyee7] 17/3/2006 15:18

up 9.4% on ofex but advfn only showing 5.3% rise.

[johnyee7] 17/3/2006 15:14

Squaregain, sell you 750 shares at 13.5p but take 75k off you you at 13p