Cosalt Share Discussion Threads

[srpactive] 30/1/2013 10:19

Coolen

No I do have a link sorry, try contacting cnbc.

regads

active

[coolen] 29/1/2013 20:20

is there a link please to Rothschild ?

[srpactive] 29/1/2013 08:44

Just listening to Nat Rothschild on cnbc, very interesting.

[srpactive] 28/1/2013 10:04

The company is making a operating profit,
if the cost of the debt was sensible it
could move forward.

[solarno lopez] 28/1/2013 09:27

The company is BUST

[srpactive] 28/1/2013 08:39

This from another poster re: oil services companies.

------------------

Oil and gas exploration seems to be expanding in every global area. I keep reading 'year of the oiler'.

Indeed there are lots of drill programmes springing up, scismic activity, and most importantly 'risk on' funding investment seems to be returning.

----------------

dyor

--------------------------------------

Come on Mr. Ross you have the financial power, connections and
know the right management people to put a very strong company
together here to exploit the oil services sector.
Lets all benefit, I know you have put alot of money in here.
We all have put money in and we still have time and opportunity to all
more forward together and prosper including all at Cosalt.
Life is to short for what is going on at the moment.

regards

active

[s o r t] 23/1/2013 16:56

Rav...I have noticed a few of comments have been edited on the Savecosalt.com website.

[silverscoop] 22/1/2013 15:49

What a difference a year makes !

'Fortunately I have had time to get to know Cosalt and the people in the Company and there is no doubt in my mind that it is a good business with the potential to be a highly successful one. Currently we operate in very specific markets providing specialist safety products and services to multiple industries across the globe. Our biggest market today is the offshore oil and gas market where we see good prospects going forward.'

Trevor Sands Feb 2012 - A liar or just deluded ?

[jordon] 20/1/2013 19:21

Which business associates, friends or Directors contacts will purchased the assets on the cheap from Mr Ross. Check Company House records in future to determine if possible the hidden trail. Note where the existing Dierectors "work" in future. Will they be employed by a reputable company?

[srpactive] 20/1/2013 17:37

The Observer: Up to 10,000 engineering jobs could have been created if the government had supported British companies bidding to win contracts to build North Sea oil rigs for energy giants, it has been claimed.

[srpactive] 19/1/2013 17:26

From ft today:

The Serious Fraud Office has struck a deal with the Treasury to boost funding for big investigations, signalling renewed government support for an agency whose future was until recently in doubt.

[madd1] 17/1/2013 18:58

The thread ended in 2006, the problems of the last few years have been of a different nature. In saying that, perhaps i did word that statement wrong. It should say, 'makes me wonder how it was allowed to all go wrong'

[srpactive] 16/1/2013 13:01

Potentially more work for the safety division.

[srpactive] 14/1/2013 07:47

Independent article today


North Sea set to create 50,000 new jobs as investment soars
Tom Bawden Author Biography

Monday 14 January 2013
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North Sea employment is set to boom this year. Up to 50,000 new jobs are expected in Britain's oil and gas industry, according to analysis by a leading industry headhunter.

The jobs bonanza will span from drillers and engineers to geologists, parts-makers and support-services staff and will take the total number employed in the UK portion of the North Sea to nearly half a million.

"There's been a lot of talk about the North Sea being in decline but employment is booming at the moment," said Kevin Forbes, chief executive of Oil and Gas People, the business behind the research. "Decommissioning projects are taking off as they come to the end of their life. At the same time, the consistently high oil price, tax changes and new technology have made it economically viable to extend the life of exiting projects and start new ones," he added.

Further down the line, Britain's nascent shale-gas industry could potentially add a further 35,000 jobs in the next two to three years, Mr Forbes said, citing recent research from the Institute of Directors.

The expansion has been spurred by record-breaking levels of investment, with about £40bn set to be ploughed into North Sea production in the next three years. Norway's Statoil will be the biggest creator of employment after agreeing last month the largest development in the North Sea for a decade – a £4.3bn investment in the Mariner field, 93 miles east of the Shetland Isles, that will create more than 700 jobs and produce oil for 30 years.

The surge in investment comes after the Government relaxed the tax regime around North Sea development, prompting a record-breaking licensing round when the Department of Energy and Climate Change awarded 167 new licences on 330 blocks last October.

Although North Sea production will never return to the giddy heights of 1999 when daily output was 4.5m barrels, the expansion should help lift it from last year's level of around 2m barrels. On the downside, with massive investment elsewhere, the North Sea will have to compete for employees, pushing the average wage above its present £64,000, already more than twice the national average.

[jack1236] 10/1/2013 11:16

rav thanks for that, good stuff.

[jack1236] 10/1/2013 10:12

Have you guys actually set up a Shareholder Action Group? If not why not, that is what you should be doing!