Metalnrg Share Discussion Threads

[shanur90] 03/12/2019 22:13

Wow share talk tweets on this stock that's hugeee deal with exxon assets only 2mil market cap

[flavio_monteiro] 03/12/2019 21:39

Interesting article from SHARE TALK...We could be dealing with Exxon ....Exciting Times ahead!


British company specialized in resource investments MetalNRG PLC has announced that it has entered into exclusive negotiations with a London partner, who did not disclose his identity.

ln order to take over a majority stake in a Romanian oil and gas operator, a press release informs. MetalNRG and its London partner are interested in taking over a 75% stake in the Romanian oil and gas company.

MetalNRG did not disclose what the company is about, but made it clear that the Romanian company has a concession that is valid until 2034 and that the talks will be completed by February 2020.

Surprisingly, ANRM recently extended the concession for the Black Sea gas and oil fields for ExxonMobil and Petrom by 15 years, until 2034.

Even more “surprisingly, “Exxon announced that it wants to sell, for $ 250 million, its 50% stake in the Black Sea project. Things seem to be converging towards the fact that these British would like to enter Exxon in the Black Sea, with the majority holding 75%.

The remaining 25% could be taken over by Romgaz, the access of the Romanian state-owned company in the Neptun Deep perimeter (estimated reserves of 200 billion cubic meters) being desired by the Ministry of Energy, through the voice of Minister Virgil Popescu, but also by Romgaz’s management, through the director Adrian Volintiru According to him, Exxon would even send him a Romgaz address by which his interest in taking over a participation in the Black Sea was probed.

“I am delighted that I have set up a robust business for this investment opportunity and that I have entered into the exclusive negotiation period. Due diligence operations have begun and we expect to get into the details of this oil and natural gas concession in the coming months, ”said MetalNRG General Manager Rolf Gerritsen.
Separately, MetalNRG has announced that Pierpaolo Rocco will join the Board of Directors as executive director and will be responsible for the Romanian oil and gas project for which MetalNRG has entered into exclusive negotiations.

Pierpaolo Rocco has over two decades of experience in the oil and gas industry, including large oil companies such as Total SA, Eni SpA and Royal Dutch Shell PLC, but also subcontractors such as Saipem SpA.

Who could extract the Romanian hydrocarbons

There are global oil and gas producers, such as BP or Royal Dutch Shell (English – Dutch), which would have the scope and interest to support the Black Sea resource extraction project.

But, equally well, it is known that the UK is the favourite place to run energy business for all kinds of discrete investors around the world, who do not want to appear in front, such as the Russians, Arabs, Indians, Chinese as well. and a host of other nationalities.

If the name of the very likely buyer of Exxon’s share in the Black Sea business is not a well-known name then we might have the surprise of not knowing the actual beneficiary of the transaction. In fact, in the description on its own site, MetalNRG PLC acknowledges that it is a company that helps other companies: “MetalNRG wants to be a holding company that wants to help other companies reach their goals . ”

In the Black Sea, there are gas concessions, Exxon-Petrom, Black Sea Oil & Gas and LukOil – Romgaz. BSOG has already announced that it is starting to operate and estimates that it will extract the first quantities by the year or, at the latest, in the first part of 2021.

The largest reserves are in the Trident area of ​​Exxon – Petrom, this consortium delaying to announce the final investment decision. Here are over 120 billion cubic meters of gas. The Russians from LukOil have announced that they also have 35 billion cubic meters in reserves, but nothing about the plans for a possible operation. In total, on the concessions already granted at sea, it is estimated at about 200 billion cubic meters of gas.

Most likely, given the fact that Romania has very little domestic consumption (only 1 in 3 households are connected and the industry consuming massively is not), these will take the export path. The EU wants them and gave us money to build the pipeline that will bring them to Vienna, the Hungarians want them a lot and they have pressured up to Washington to start operation once, Ukraine is also interested, since they have problems political with the Russians, and the Russians can have them if they are behind the British company that wants to buy the Exxon part of the Trident concession.

The offshore gas tax regime is regulated by the offshore law adopted at the end of last year, amended by the Danube Government to be more favourable to investors. The main amendment was the waiver of a mandatory quota of 50% of the extracted quantities to be marketed locally.

[thecashmoney] 03/12/2019 21:05

If this is true , this is going to mars

[letmepass] 03/12/2019 19:20

Hope its not AST

[profit7] 03/12/2019 19:11

Some misunderstanding!!

Read again

Proposed acquisition of 75% of issued share capital of an established Romanian oil and gas operator, by a London-based oil and gas investment specialist and MetalNRG Plc, focused on early cash-flow generating natural resource development projects.

[profit7] 03/12/2019 19:05

British company specialized in resource investments MetalNRG PLC has announced that it has entered into exclusive negotiations with a London partner, who did not disclose his identity.

ln order to take over a majority stake in a Romanian oil and gas operator, a press release informs. MetalNRG and its London partner are interested in taking over a 75% stake in the Romanian oil and gas company.

MetalNRG did not disclose what the company is about, but made it clear that the Romanian company has a concession that is valid until 2034 and that the talks will be completed by February 2020.

[profit7] 03/12/2019 19:02

#mnrg
💥Tomorrow boom
When RNS lands to confirm this
Expect '10 bags of the year' in intra day trading

Fingers cross for the RNS anyday hxxps://t.co/nnsARzzhas

[profit7] 03/12/2019 19:02

#mnrg can see this doing 2000% before xmas. 'don't want to suspend', 'exxon' , 'black sea' - bod connected at high level - £1m mcap - main market dyor

[profit7] 03/12/2019 19:02

#MNRG
M=metal investment
N=NRG - energy
Both stipulated in their website and Rns to make investment

M=gold
NRG =oil and gas
✅10p will be ONLY £30M Mcap

Upside monster💥8165;💥ԁ75; hxxps://t.co/G0iiLoKeVE

[profit7] 03/12/2019 19:01

#mnrg when exxon are linked to a £1m mcap company which can only raise a fraction of their mcap as main market it is time for me to take note and build a really decent position.

[pakenham] 03/12/2019 17:53

Black Sea hosts undiscovered riches and something going down here; this may be the next pet/clon. Possibly much much bigger. Exxon connections are fascinating. Gold results are also due. This should reach all time highs soon. Loads of peeps sitting on sidelines researching this but I took a small stake today to see what unfolds and at £1m mcap and main market I can't see any downside.

[costax1654x] 03/12/2019 15:58

The newspaper who wrote about it is a funny one!So don't trust!I am romanian so I do know more about it

[profit7] 03/12/2019 15:28

#mnrg
Buys 20m
Sells 10m
No you tell me is there no demand for the shares,
Yet share price is sliding!!!
Why I wonder, this is making no sense at all.

All I can think of market manipulation. hxxps://t.co/V8JwJJomgZ

[profit7] 03/12/2019 15:07

BOD holds 18%
So they have much to loose and gain as well

[profit7] 03/12/2019 15:05

You never know, rns might say "we have been allocated £100m from undisclosed individual to invest on behalf of him"

In Exxon mobil in black sea project.

then what Sp?????

[profit7] 03/12/2019 15:00

You mean Aliens.
O yes but how are they going to pay

I'll stick to high net individuals

[the deacon] 03/12/2019 14:59

Don't forget the Martians too. Could be them

[costax1654x] 03/12/2019 14:50

It's impossible

[profit7] 03/12/2019 14:30

I think big Arabs, Russian, Chinese or Indians investors going to be likely using Mnrg as a vehicle to acquire Exxon mobil 50% in black sea oil and gas.

If true
This should do 1000% on intra day

[andy] 03/12/2019 13:14

driver,


Who's manipulating it out of interest?

[driver101] 03/12/2019 13:11

Being manipulated down, plenty of buys. Topping up on the dips.
This is still very under the radar, a great share to accumulate.

[profit7] 03/12/2019 11:37

Exxon concession to Mnrg
!!!!!!!! (((()

[profit7] 03/12/2019 09:31

The carry of any asset is the cost or benefit of owning that asset. For example oil would have a negative carry as it requires storage, but a bond would have a positive carry as it pays interest.

There are many strategies involving a carry, for example:

A mortgage originator borrows money in the wholesale markets at a rate of 3%
The originator then lends that money out to homeowners at a rate of 6%
The originator has made a profit of 3% on the carry

[profit7] 03/12/2019 09:19

This is unbelievable!!!!
If they can pull this deal it will be mega massive for #MNRG