Europa Oil & Gas (holdin... Share Discussion Threads

[jusmasel99] 17/9/2020 16:30

proactiveinvestors.co.uk/companies/news/166508/europa-oil-gas-cashes-out-part-of-wressle-to-union-jack-oil-166508.html

[jusmasel99] 17/9/2020 16:29

From 4 years ago ...

“Importantly, this transaction provides investors with a point of reference for the value of our remaining 30% interest in the licences.”

Europa retains 30% of the project and based on the deal terms its remaining interest is worth £5.4mln, compared to a market capitalisation of around £11.4mln.

[...]

[thetoonarmy2] 17/9/2020 11:38

Ah well as long as the fat controller Brammers doesn't buy Egdon out it will be safe from the fat ones incompetent clutches

[thetoonarmy2] 17/9/2020 11:33

Yes possible they buy out Europa share in wressle just as long as Bramhill has no say the work programme he is a nightmare where any operational expertise is concerned.

[currypasty] 17/9/2020 11:17

Its a huge raise from ujo, when they were fully funded.. you might be right Jus!

[jusmasel99] 17/9/2020 11:14

#UJO with £11m in the bank.... Cash and paper offer for EOG perhaps ? Would make sense to combine all three Wressle players UJO, EDR and EOG

[hermana3] 16/9/2020 15:48

Wressle will keep the lights on and the Board in clover....Plus ca change...

[suetballs] 16/9/2020 15:44

I don't think the board will be interested in care and maintenance - probably more interested in drawing a nice salary from the Wressle income.
Suet

[currypasty] 16/9/2020 15:02

were all hopeful ....

Im hopeful they sell wressle shortly and pay shareholders a special divi
then look for a jv to take over Morocco .. and finally put company into care and maintenance just in case someone in years to come is interested in Irish assets

[suetballs] 16/9/2020 14:58

Thanks Curry - despite my confusion I remain hopeful.
Suet

[suetballs] 16/9/2020 14:35

Given Wressle why is our seller continuing to sell.
Still confused.
Suet

[suetballs] 16/9/2020 10:38

How will pumping the oil from Wressle move the sp?
I thought the share price was forward looking - confused.
Suet

[currypasty] 16/9/2020 08:30

free stock charts from uk.advfn.com
'>


only a month (ish) to go before pumping oil at Wressle

[currypasty] 11/9/2020 15:48

Interesting comment in UJO rns yesterday

"the proceeds of any such fundraising will principally be used to continue to fund the Company's flagship and other project

Will they look to buy EOG percentage of Wressle?

[enfranglais] 07/9/2020 17:25

Would our existing & former Executives like to view the concrete pour & bring their own wellies with them. One way transport can be provided!!!!!!!!!!!!

[currypasty] 07/9/2020 12:40

concrete pour this week at Wressle

[joestalin] 04/9/2020 11:37

That would be the one with the traditional working class name....what was it?

[hermana3] 04/9/2020 11:33

And his brother is now carrying the family em er "legacy".....

[joestalin] 04/9/2020 11:31

The gift that kept on giving!

[hermana3] 04/9/2020 11:29

Nobody could be as good as old Jerry. That yoke was heaven sent for fat boris.

[joestalin] 04/9/2020 11:25

That is a bit like saying that Keir Starmer is not as good as Jeremy Corbin.

[dunderheed] 03/9/2020 15:43

(Really) LOL (!!) .... "slightly less worse"!!

[hermana3] 03/9/2020 15:29

Yes TOR was slightly less worse. New guy at PVR has started real well but the jury is still out on the lad here!!!!

[dunderheed] 03/9/2020 15:19

But didn't ToR do a better job, in all honesty?