Gold Oil Share Discussion Threads

[cockney sparrow] 30/4/2013 08:08

There you go removed the word from both posts.

[cockney sparrow] 30/4/2013 08:07

AZ209 sorry but I had to type fast. 2.47p being paid.

[az209] 30/4/2013 08:07

Now that's more like it !

[az209] 30/4/2013 08:05

Muppet ? This muppet is heavily invested here and has been for many years. I want rocket ships not damp squibs.

[cockney sparrow] 30/4/2013 08:04

AUCTION 2.47p to BUY,

[the guardian] 30/4/2013 08:03

Judging by the trades, I think that the three phases should have been more clearly spelt out.

[cockney sparrow] 30/4/2013 08:03

Don't be silly people are paying 2.47p.

[az209] 30/4/2013 08:02

Zilch, by the initial reaction !

[bigbas] 30/4/2013 08:02

..and in auction already - nice

[cockney sparrow] 30/4/2013 08:02

I hope that on the list of things to do is to get rid of the PLUS market listing.

[stephanie_m] 30/4/2013 08:00

The CEO had very little to say about the deal!

At long last we have news about developing Z34.

Would have preferred if Karoon were the operator.

[cockney sparrow] 30/4/2013 07:58

Will be interesting to see what happens today.

[valentine] 30/4/2013 07:58

Nearly bankrupt last week to viable company today. The 8p was a chimeara..now we have a solid base and debt-free!

[pembury] 30/4/2013 07:51

At least two wells in carry, however the terms say three wells in remaining phases. That is a significant $ value in carry.

Shame Goo didn't get this when at 8p last yr!

[ja5tirling] 30/4/2013 07:43

Great news. Interesting days training ahead!

[pembury] 30/4/2013 07:42

TG- The last three phases in the First Energy pdf farmout are for THREE WELLS.
I would guess the farminee will farmout part of their 80% before drilling.

[the guardian] 30/4/2013 07:41

'which will free up resources to develop and expand the company aggressively in the Americas'

Looks like Rudolph already has plans in that direction. A few years down the line and this company could be huge.

[alasdair100new] 30/4/2013 07:40

BOOM!!The potential for goo is huge here. No more money worries with this either.Not the most amount of money but puts us back on a strong footing.Well done rudy!!Lets see what we can do today!!! :)

[majja] 30/4/2013 07:40

That's way I look at from nothing to back in the game with the right man at the helm!

[cockney sparrow] 30/4/2013 07:38

Since inception in 2007, Union Group has focused on high growth Latin American economies characterised by under-developed natural resources and infrastructure sectors, a stable political environment and robust economic regulation.

Led by its founder and president, Juan Sartori, companies under Union Group's umbrella have an estimated combined value of approximately $1 billion. In 2013, leading Canadian investment house, Dundee Corporation, acquired a minority stake in The Group.

[chitty] 30/4/2013 07:38

And we still have the rest of our investment.

[valentine] 30/4/2013 07:37

and the Chinese debtors will be happy.
100% before now 20% and debts paid off.
I recall PetroAndean or something similar of The Petrel/Teeling stable taking 6% of an offshore area in the Gulf oo Mexico and it was considered a good deal at the time that kept the company ticking along. They sold up the whole kit n caboodle, eventually, but I do not see that scenario here, not yet anyway.
Great deal. 20% and no expenses.
Now to sell off Rosa Blanca and Azar and put money in the chest for other ventures.
Well done Rudolph. We are a viable company again.

[cockney sparrow] 30/4/2013 07:36

I wonder what's planned for Rosa Blanca, don't forget we still have that asset to develop.

[555zakzak] 30/4/2013 07:36

Morning All,

Well If I am honest, I wasnt expecting a deal to be cut like that.... then again what was i expecting!

Look at what he had to work with as well... a complete battered nightmare! Now if i am reading this right... we benefit without risk and given the amount of oil thats there... Vs our Mcap... we are sitting in a bloody good position

Well done RB & team... quite incredible when you think about it!

I reckon there is further news on its way as well.

Good luck all, I hope the market treats us as we deserve...