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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Opera Inv | OPRA | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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4.375 |
Top Posts |
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Posted at 21/7/2015 11:03 by mikeh30 ""There has been significant volatility in the significant metal and energy prices in recent months. Concerns over global growth, currency fluctuations and the timing and impact of central bank intervention are amongst the many factors that have influenced the price and demand of such commodities. For example, the fall in the price of energy-related commodities has been particularly acute in recent months. In this light, the Directors believe that there are outstanding resource projects that have been unable to source the finance enabling them to be developed. Should underlying commodity levels reverse their recent declines and given that capital is presently scarce for such companies, the Directors believe that there is an opportunity for the suppliers of capital to offer funding solutions in these stressed circumstances. The Directors believe that the combination of circumstances related to current and prospective demand for commodities, and related commodity prices, and the expectation and activities of corporates and investors in the natural resources sector, together with the skills and strengths of the Board, will enable the Company to identify a suitable opportunity for the Acquisition to generate Shareholder value in the Company."" |
Posted at 27/4/2015 07:54 by andrbea new investment shell, floated 27.4.15The Company will seek opportunities for the Acquisition in the natural resources sector in the oil and gas or mining exploration and production sectors. The investment strategy of the Company will be focussed towards the identification and acquisition of companies, businesses, projects or assets which: are run by management with a strong track record of generating growth for shareholders and a proven experienced business record; and/or have solid commercial prospects within the natural resources sector, including the mining and energy industries; and/or are within the fast developing countries, but within countries with a strong focus on protecting investors interests, low sovereign risk and those that encourage and incentivise investment; and/or exhibit a pre-existing resource base or a prospective resource which offers the potential for near-term cash flow and development success; and/or can be funded adequately to be able to deliver a realistic plan of achieving credible milestones and significant growth opportunities for shareholders. |
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