New World Oil Share Discussion Threads

[boycie1] 18/11/2015 08:19

where does it say that Reynolds is coming on board?

[keya5000] 17/11/2015 21:47

Seems to have the lse lunatic brigade in full support so its probably worth a punt, if they could convince each other to get CEB to 1.3p I am sure the same with the loyal brigade together this could get pushed back a long way close to its year high.

[yufff] 17/11/2015 16:46

Now time to get rid of his dad as well

Adam Reynolds is the man to take NEW forward

[snowman88] 17/11/2015 16:04

LMAO:

"I would like to take this opportunity to thank Peter for his dedication and contribution to New World since its inception in 2010".

99.9% share price decimation, doznes of $millions wasted and awarded in lucrative pay scemes, and zero commercial oil found. Yeah, great work.

[tidy 2] 17/11/2015 15:58

RNS For immediate release 17 November 2015 New World Oil and Gas Plc ("New World'" or "the Company")Annual General MeetingBoard Change New World Oil and Gas Plc, an oil and gas operating company, announces that at its Annual General Meeting ("AGM") held today the Resolution relating to the proposed election of Peter Sztyk as a director was withdrawn after Mr Sztyk informed the Board that he would not be seeking election to the Board following his retirement by rotation. In order to ensure an orderly transition at both the Board and executive level, Mr Sztyk's position as CEO will be subject to a further announcement

[daithedeath] 17/11/2015 15:58

RNS out .Bord changes

[cyan] 13/11/2015 12:10

This share reminds me of SER after reading the LSE boards.
All logic gone out the window and people are investing gigantic sums based on what?
You get the same group mentality; re-inforcing dreams based on little solid data and unable to offer coherent arguments to any who dare ask the difficult fundamental questions.
Is NEW going to turn into another SER fiasco?

[cyan] 12/11/2015 14:39

This is a fascinating share to observe now because we have all the 'characters' in and holding; Chrisoil, BMD, DocH and BT.
Will they muck this one up as they did with SER?

Its 50/50 for NEW surviving or going bad imo. One for the brave.

[andy] 12/11/2015 13:52

nerd,

On your last point we are in complete agreement.

AIM is a market for crooks and spivs, and always has been.

It's just becoming more transparent now as people gain knowledge and experience.

[nas_daq] 09/11/2015 09:02

I see doc H 's ramping platform has been suspended......lol£20m Mcap.........lol

[mypension] 09/11/2015 08:46

3 billion shares and one licence and perhaps 0.8 million in cash!!!!!!!!!!

[nerdofsteel] 09/11/2015 08:28

20m market cap based on what? I can't see how current assets are worth anywhere near that and I assume we will not be in the naturla resources sector much longer either

[tidy 2] 09/11/2015 08:16

@SHARES_FTSE_AIM: New Doc Holiday audio https://t.co/fVVLIKrRMv @dds_doc_holiday Retweet & get the message out there

[tidy 2] 09/11/2015 08:16

DOC_HOL States 20m Mcap is a sure thing initial target here. DYOR

[andy] 04/11/2015 08:19

Paleje,

"Good luck if you're in."

-------

Thanks, but fortunately I'm not "in", and personally I don't think the current assets will yield anything positive, hence the lack of a JV partner to drill them.

Directors continue to earn their salaries and the cash pile reduces from month to month.

I don't think luck is needed here, it's more like a miracle!

Good luck to you too, I would be delighted for you if I'm wrong.

[paleje] 04/11/2015 00:22

Licences are assets, they only need the right people with knowledge and contacts to exploit them and any unnecessary cash bleed can be stopped. I'm not party to what's in store Andy, but I know some of the players and they're not stupid people, why would they plough money into something which had a lower value than they put in if there wasn't a much higher value to come.

And I use the word much intentionally because you wouldn't go into this sort of mess for 20 or 30 percent, they'll want a decent return. Good luck if you're in.

[andy] 03/11/2015 23:53

paleje,

"they see value in the assets under proper management well in excess of the cash element"

---

What "assets"?

Aand the cash is reducing at around £100K per month!

[paleje] 03/11/2015 23:41

The action group and others want control of the co, they are not after the cash per se, that would not make financial sense as some have paid more than the cash value per share to be there...they see value in the assets under proper management well in excess of the cash element. Today's closing price is lower than Paternoster paid for their 8% holding only a few weeks ago, they are not interested in small daily movements.

[warwick69] 03/11/2015 23:18

This is still a crock of sh.. Can't see any joy here even after AGM what on earth are the action group trying to achieve there are too many billions of shares in issue following the summers fiasco and cheating. And still no one has been brought to task over it all what a disgrace

[andy] 03/11/2015 20:12

tidy,

Yes up to 0.07 no doubt!

What a result that would be!

[r ball] 03/11/2015 19:29

more cash than globe!