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HNL Hague Ldn

12.125
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Hague Ldn Investors - HNL

Hague Ldn Investors - HNL

Share Name Share Symbol Market Stock Type
Hague Ldn HNL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 12.125 01:00:00
Open Price Low Price High Price Close Price Previous Close
12.125 12.125
more quote information »

Top Investor Posts

Top Posts
Posted at 13/8/2019 09:05 by oilretire
Anyone know a fee free broker willing to take these? Not too bothered what the trading costs are, just one without monthly/annual fee.Trying to move these from the now high cost interactive investor to another Halifax account I already have open but Halifax won't take them due to their delisted state. ii are willing to transfer them out though, just need to find a broker to take them.
Posted at 01/1/2019 19:55 by yourwrong
Completion of aquisition + OGA approval:

hxxp://haloil.co.uk/investors/announcements/

Not long now until all the cards are disclosed.
Posted at 26/1/2018 11:32 by 412069
NO need for new investors here we have ENGIES money which is more than enough for any size asset we thinks a bargain.
Posted at 26/1/2018 06:46 by bufala
Not sure, it's almost 1 year now. Could be 1 more year. Some truly experts think that the longer the better. I personally think that if you really have something valuable in your hands, you would hurry to relist to show the market and to appeal new investors.
No news is bad news.
Posted at 17/7/2016 21:02 by dice1950
Hague ruling lifts oil exploration firms


Posted on July 14, 2016
The ruling raised investors’ hopes that Philex Petroleum can finally push through its exploration off the West Philippine Sea, Victor F. Felix, equity analyst at AB Capital Securities, Inc., said in a telephone interview.

The Manuel V. Pangilinan-led company, through its London-listed unit Forum Energy Plc, holds an exploration permit covering the Reed Bank. The Department of Energy suspended operations within the disputed area in March 2015, as the Philippines pursued international arbitration.
Posted at 15/7/2016 15:29 by apfindley
The Company csnt keep jumping from one idea to the next.Their previous focus was on Indonesia, and investors were ramping the company to be a gazillionaire maker for all, it was goung to be xx quid a share etc...But a year or so later, we have this released just over a month ago........"-- The Duyung Farm-In Agreement, offshore Indonesia, has been terminated by HALO as a result of delayed approvals and approaching or missed deadlines for operations."Wow well done board....
Posted at 11/5/2016 08:50 by mylands
A brave investor, someone who pays 6.2p for 20k!

Still heading south now down below 6p.
Posted at 11/5/2016 08:30 by currypasty
"As part of the restructuring, HALO will divest 51% in Vermeer Exploration BV to a group of private investors, including Andrew Cochran and Bill Phelps, for the total consideration of $500,000 "



so they have sold half the good stuff to themselves for £320k
Posted at 19/4/2016 12:22 by 412069
rodrod

Nothings really change since the below was published back in October.
I like his verdict..

Verdict
The acquisition of the Duyung PSC was a clear indication that the management team are here to create a mid-tier company focussed on supplying the starved SE Asian energy markets. The asset has considerable exploration upside onto of a large gas discovery. Along with its other assets around the world it offers compelling value at this price. Led by a more than able management team I believe that they will create a profitable and valuable company in the not too distant future. Buying the shares at 12p (as I did) and holding for the medium-long term will reward investors thoroughly. Hague and London Oil is a classic 'buy and forget' company. The assets in the Philippines and UK have no contractual obligations and the company is fully funded until the end of the year. The Mako South-1X well is the big cost item next year which I believe will be funded without a large placing.
Posted at 31/3/2016 08:13 by ribblewader
So, are they saying a cash call is on the agenda?

At 31 December 2015 the Group had cash balances of GBP0.3m and management forecasts indicate that it will require additional funds in 2016 to maintain sufficient cash resources for its current working capital needs over the next twelve months. The Directors are confident that they can raise sufficient funds from new or existing investors or from a restructuring of the portfolio, despite the current market conditions.

The Directors have a reasonable expectation that the Group will have adequate resources to continue operating for the foreseeable future and continue to meet its planned commitments and liabilities for at least twelve months from the date these financial statements have been approved. For this reason the Directors continue to adopt the going concern basis in preparing these financial statements.

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