Hague Ldn Share Discussion Threads

[smudgeroo] 08/9/2017 14:10

Well there's the RNS.

* Trading on Aim to be cancelled from 7.00am Monday morning.
* Readmission currently targeted within next 6 months.
* Significant progress made on the acquisition from Tullow.
* In the final stages of agreeing finance with ENGIE to fund the acquisition.
* Discussions regarding the appointment of a new Nominated Adviser progressing well.
* May consider other acquisitions whilst unlisted.
* Management team to be expanded.
* No certainty that the proposed Readmission will occur.

[bufala] 07/9/2017 09:05

Can the announcement still come on Monday?

[smudgeroo] 06/9/2017 16:41

Anyone else starting to feel a little twitchy now with only two left for an update? I've always been a glass half full person but having been in the markets for 15+ years I've learnt to expect the odd disappointment.

The question I keep asking myself is who stands to benefit if the company fails to appoint a new Nomad and the company delists?

[mally6] 05/9/2017 19:18

DEPENDS WHICH FINGER IT IS HOPE ITS NOT A MIDDLE ONE

[divmad] 04/9/2017 15:49

"When the finger points to the sky only a fool looks at the finger”..

Not very helpful if you're a one-armed bandit.

[nosnibord] 04/9/2017 15:32

The MoU with Engie should help!

[solarno lopez] 04/9/2017 15:23

Assuming they can raise the finance !

[nosnibord] 04/9/2017 15:18

Let's see the admission doc and then draw conclusions. But with a mcap of under 3MN pre deal, you'd think 3000boepd+ of production is a pretty big catalyst. All depends on the terms and financing.

[diva109] 04/9/2017 14:40

As the comment of the sky.... , What's the chance of this one going up to £1.00?

[412069] 10/8/2017 06:54

Nothing but a change of Normad

Wed 21:16 Price: 11.94
zatcha1980 13,871 posts
Ghostwriter
We had always planned to change Broker & Nomad during the course of this "RTO" process and actually prefer to split the role between, at least, 2 institutions. I should really just refer you to the press release of Tuesday, last week. Additionally, I point you to comments in the Corporate Update of today. These both mention progress regarding the Proposed Acquisition, corporate restructuring and our choice of advisors is near complete for the completion of the Proposed Acquisition. We'll be coming back at ya when there is further information to release but can only refer you to the 2 recent updates which specifically mention the Proposed Transaction at this time. Thank you for your recent interest and continued support. Regards, Andrew Cochran "When the finger points to the sky only a fool looks at the finger”
Off Topic

[nosnibord] 09/8/2017 21:51

yourwrong, you're wrong, in two ways, name and comment.

[euclid5] 09/8/2017 21:34

412069,

True what you say below however JOG had a market cap of £1m before they farmed out their asset to Statoil - then they re rated to £2.75 or about £25m cap

Lets hope HNL do something similar

[yourwrong] 09/8/2017 14:38

The smell of coffee is turning into dead rats... Is ENGIE really interested in the Dutch gas fairy tale story or is more interested in the Vermeer assets.?

[keya5000] 01/8/2017 08:15

Nice update, looks like Engie funding so dilution will be minimal...

[412069] 29/7/2017 13:43

JOG
Went from 10p to a high of £3.25 in 12 months the reason why it's small share issue of 9m, keeping ours low is the key.
Come the admission doc we will have a asset worth £30m + that may one day be worth what Tulow originally paid for them.

[diva109] 29/7/2017 09:24

The last lethargic weekend of the tiny caterpillar before the transformation into a beautiful butterfly.

[412069] 28/7/2017 12:04

FINANCING ARRANGEMENTS RELATING TO THE ACQUISITION

HALO is in the course of discussions with potential finance providers to agree terms on which funding may be provided for the purchase price payable pursuant to the terms of the Acquisition, whilst minimising dilution to Shareholders.

The Company currently expects the Enlarged Group to be in a position to meet the costs of any contingent payment which may become payable under the Acquisition Agreement in the period between 1 January 2019 and 1 January 2021, without recourse to any additional third party financing.

The Company will announce further details of its financing arrangements at the appropriate time and once any binding agreement is entered into and details of such arrangements will be included in the Admission Document.

ADMISSION TO AIM

The Company's Ordinary Shares have been temporarily suspended from trading on AIM since 4 April 2017. The Company is in the course of preparing the Admission Document and the temporary suspension of trading will be lifted and trading will resume on publication of the Admission Document.

If Shareholders approve the Acquisition at the General Meeting, to be convened in due course, the Company's existing quotation on AIM will be cancelled and the Enlarged Group will then be admitted to trading. The Admission Document will include an expected timetable of principal events.

GENERAL MEETING

A notice convening a general meeting of the Company will be set out in the Admission Document. At the General Meeting the Shareholders will be asked to approve, by ordinary resolution, the Acquisition. To be passed, the Resolution requires a majority of the votes cast at the General Meeting, in person or by proxy.

[nosnibord] 28/7/2017 11:49

The Company is in the process of preparing an admission document relating to the Acquisition and readmission to trading on AIM of the Enlarged Group (the "Admission Document") and is aiming to publish the Admission Document by 1 August 2017.

On publication of the Admission Document, the Ordinary Shares will be re-admitted to trading on AIM.

[qs99] 27/7/2017 18:04

Can't see a date for a relist any clues please?

[diva109] 27/7/2017 17:46

Ehm... the last one will do