Evocutis Share Discussion Threads

[500k postsofinanedrivel] 14/5/2015 08:34

ryan have you worked out the difference between a debt instrument paying a percentage yield versus holding a percentage interest in the equity of a company ?

[500k postsofinanedrivel] 14/5/2015 07:50

watch your backs



moreforus
14 May'15 - 07:31 - 1487 of 1487 0 0

looks like we have hot bottom and bounced

[500k postsofinanedrivel] 14/5/2015 06:40

LOL some desperate mug punter is up early talking out of his a55

[unimog] 13/5/2015 19:50

Bobby...and we will all be worth more..infact we are already worth more than 8am today..ps lost £500 at york races toay..lol comon evo & Nct...please

[bobby.ifa] 13/5/2015 14:35

Don't worry, this will get re-rated big style once all the Farquars get to know.

[moreforus] 13/5/2015 14:29

yep

great news

and not reflected in the price ....

[ryan83] 13/5/2015 14:29

yep Bobby, but that doesnt concern EVO as HH is not priced in, apparently EVO holding in HHDL/ALBA is fake and therefore shall neve rise. Best sell and move on, nothing to see lol.

[bobby.ifa] 13/5/2015 14:23

Licences extended to 2016!

[moreforus] 13/5/2015 14:16

ALBA +59.1%

[sigora] 13/5/2015 14:14

can you add another mill lol need to close above .26

[chicken charlie] 13/5/2015 14:13

THAT MILLION WAS ALL MINE

[sigora] 13/5/2015 14:11

yep ryan and those silly sellers , need more interest and volumes here then we will have our day

[moreforus] 13/5/2015 14:09

1 mill buy 0.2325

[moreforus] 13/5/2015 14:08

3 vs 2

mms not breaking cover....

[sigora] 13/5/2015 14:07

at last the dog moves lol

[moreforus] 13/5/2015 14:07

Alba Mineral Resources PLC Horse Hill Licence Extensions, UK Weald Basin
Print
Alert
TIDMALBA

RNS Number : 0726N

Alba Mineral Resources PLC

13 May 2015

13 May 2015

Alba Mineral Resources plc

("Alba" or the "Company")

Horse Hill Licence Extensions, UK Weald Basin

The Board of Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that it has been informed by Horse Hill Developments Ltd ("HHDL") that the exploration stage of the Horse Hill ("HH") PEDL137 licence, in which the Company has net attributable interest of 6.5%, has been extended for a further year by the Oil & Gas Authority ("OGA", formerly the Department of Energy and Climate Change). The exploration stage of the PEDL137 licence has been extended to 30 September 2016.

Subject to the results of an intended Horse Hill-1 ("HH-1") flow test later in 2015, for which regulatory approval is required, the Company is informed that HHDL would seek, in conjunction with the OGA and other regulators, to move the PEDL137 licence into the Production Period, via, inter alia, the submission of a HH Field Development Plan ("FDP") to the OGA. The PEDL137 licence provides for a potential Production Period of 19 years. HHDL has informed the Company that its application for the flow test is based on the roadmap document published by the Department of Energy and Climate Change (now the OGA) for onshore oil and gas exploration in the UK.

Alba's interest in Horse Hill

The HH-1 well is located within onshore exploration licence PEDL137, on the north-eastern side of the Weald Basin near Gatwick Airport. Alba owns a 10% direct interest in HHDL. HHDL is a special purpose company that owns a 65% participating interest and operatorship of Licence PEDL137 and the adjacent Licence PEDL246 in the UK Weald Basin. Magellan Petroleum Corporation owns a 35% participating interest in HH.

Alba licence interests

Following the extensions to the exp

[ryan83] 13/5/2015 13:57

STILL someone selling. Stop it, stop it right now lol!

[moreforus] 13/5/2015 13:32

lol

true

but this is about EVOs balance sheet which is now stronger from a very low base ...

i see we are now moving

[moreforus] 13/5/2015 13:26

it should come now!

our ALBA holding is worth 50% more now ....

not moved an inch

we also have a broker valuation for our 2% inferred from the ALBA one

ie this should be 15 times higher...

[sigora] 13/5/2015 13:22

indeed but our day will come m4