Persian Gold Share Discussion Threads

[yarisverso] 04/2/2011 08:02

This are the points to the future of Clontarf Energy. Looks like Ghana is a done deal. That is what will make the company, with a Far Eastern partner:-

In relation to the oil exploration concession in Ghana, the Directors believe that the formal ratification of the agreement will occur in Q1 2011. The Company then intends to find a suitable partner to assist in the development of the concession.


John Teeling, Chairman, commented:

The revitalised company will have 60% of the Tano 2A block in Ghana, close to the massive Tullow / Kosmos discoveries. HyEx has recently been awarded two exploration blocks in Peru, 183 and 188, both of which are close to producers. Each block has a history of exploration. In Bolivia, there has been a further discovery on what will be our 10% owned El Dorado gas discovery. Production has already begun from existing wells on the licence.

[mclellan] 04/2/2011 07:59

morning LM- not as far as I know. I'm sure CURRYPASTY or Skiboy would be happy to do that

[peterz] 04/2/2011 07:54

Now lets see - you still here FOT, Is the Pope a Catholic?

6 - 8p will this be the best of the day.

[liquid millionaire] 04/2/2011 07:46

Good morning mclellan. Has anyone started a new thread yet?

Skiboy10? CURRYPASTY?

[liquid millionaire] 04/2/2011 07:45

John Teeling, Chairman, commented:



"Patience is a virtue, which I hope will be rewarded. The new Persian Gold, when it is renamed Clontarf Energy, will be an aggressive oil and gas explorer in some of the most attractive energy areas in the world. The revitalised company will have 60% of the Tano 2A block in Ghana, close to the massive Tullow / Kosmos discoveries. HyEx has recently been awarded two exploration blocks in Peru, 183 and 188, both of which are close to producers. Each block has a history of exploration. In Bolivia, there has been a further discovery on what will be our 10% owned El Dorado gas discovery. Production has already begun from existing wells on the licence.



We are not ignoring the other activities in the portfolio. We continue to monitor and press our case for discovery certificates in Iran; while in the US negotiations are ongoing to resolve the dispute of certain assets. Neither of these are material to the future.



Completing legal, financial and technical due diligence in three continents, combined with holiday periods extended the time to completion, but we are there now. A weighty prospectus will be dispatched to all shareholders and following shareholder and court approvals, the deal will be finalised.



Delay is always frustrating, but the new Peruvian blocks and Bolivian gas discoveries are excellent compensation."

[mclellan] 04/2/2011 07:44

Plenty of information to digest in all that

[liquid millionaire] 04/2/2011 07:37

Friday 04 February, 2011AIM
Restoration - Persian Gold pl
RNS Number : 6573A
AIM
04 February 2011













NOTICE



(46)



04/02/2011 7:30am



RESTORATION OF TRADING ON AIM



PERSIAN GOLD PLC



The trading on AIM for the under-mentioned securities was temporarily suspended. The suspension is lifted from 04/02/2011 7:30am an admission document having been published.







Ordinary Shares of 0.25p each

fully paid
(B09WLX6)(GB00B09WLX62)














If you have any queries relating to the above, please contact the company's nominated adviser on 020 7408 4090.



Ref: AIMNOT46


This information is provided by RNS
The company news service from the London Stock Exchange

[liquid millionaire] 04/2/2011 07:36

OK let's cut to the chase ~ we're back!

[yarisverso] 03/2/2011 16:36

Back tomorrow. Ghana news shortly. Should be an update on Ghana, at least. I believe that the Clontarf Energy fund-raising has been successfully completed as well.

[mclellan] 03/2/2011 15:25

hi share_shark- my blood pressure is nice and low, actually.

[mclellan] 03/2/2011 15:23

wirral- thanks for that.

I will look again at 7am tomorrow....lol..

[share_shark] 03/2/2011 15:21

mclellan.Hi.

It is the NOMAD who has the last word,whatever the directors want or think and this is often out of their hands,when taking into account Courts and their legalities and jurisdictions. Worth remembering perhaps and assists the blood pressure a little,dont you think?.

[mclellan] 03/2/2011 15:15

I know wirral slightly and spoke to him earlier.
He thinks he may have got it wrong and is checking. It isn't Charles Stanley that is dealing with the float, anyway, smartypants.

[pat mustard irl] 03/2/2011 14:36

mclellan - 3 Feb'11 - 14:26 - 2987 of 2988


Did you manage to check that, wirral?



..................

What is there to check?
His broker told him PNG will return 6th April so nothing can happen re float till that happens first!

[mclellan] 03/2/2011 14:26

Did you manage to check that, wirral?

[peterz] 03/2/2011 12:37

Really powerful stuff, oh boy. But it doesn't mean me....

[mclellan] 03/2/2011 11:08

wirralfinance- I didn't say that it was because of his travelling that it can't be refloated! His assistant said he would reply to my email when he returned.
Nothing to do with the PNG relist.
Sure you don't mean 6th April for the Clontarf Energy float?

[mclellan] 03/2/2011 10:47

peter- you've seen pat in action many a time. He and Munna (the latest incarnation of another deramper) are just very disturbed people.
Keep an eye out tomorrow.