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[hermana3] 31/7/2019 19:52

Jack go pleasure yerself elsewhere

[p5tvr] 31/7/2019 19:10

Jack9009...SO F@CK OFF

[jack9009] 31/7/2019 19:02

Because I was hopeful to get back in at the next dip and make some money. Unfortunately I am beginning to believe that this mickey mouse amateur operation is going nowhere fast and will end up costing me hugely.

[steelwatch] 31/7/2019 17:47

Why would you fear it as you already sold out?

[jack9009] 31/7/2019 17:38

I fear bad news is coming.

[seagreen] 31/7/2019 16:17

Pap finally admitting he has no idea....so why does he pontificate so much...he must have lost his shirt on this one....

(edit: suit, socks, tie, shoes etc)

[john ross ewing] 31/7/2019 12:34

You just have no idea.

try getting a hobby.

[papillon] 31/7/2019 12:19

From the lse PVR bb:

Phoebus
Posts: 5,915
Price: 11.05
No Opinion
RE: Embarrassing Incompetence
Today 09:15
Nonsense. It's all about the site survy permit. The APEC issue is just a symptom of the site survey permit being delayed, and that appears to be down to DCCAE not being on the ball with regard to regulations updates and uploading documents to their website incorrectly. Thankfully that hurdle is now passed and were just waiting for final ministerial sign off which should be any day now. Once that's happened I'm sure HSBC will be shown whatever doc they need to see from APEC's side and the payment will clear. This is an excellent buying opportunity as it should be full steam ahead with operations very shortly. STRONG BUY for PVR and LOGP.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Well Phoebus is optimistic!!!!!!!!!!! However he's disregarding the fact that the US$9m should have been paid to EXOLA during Q4 2018 irrespective of whether the site survey permit had been granted by then, or not (see the RNS dated 5th June).

PS I have no idea whether the money will be paid, or not, by the 2nd August deadline.

[raisethestake1] 31/7/2019 09:48

Kommandor off for North sea survey.Junior and minister off to Galway races.I might as well head off somewhere myself.Oh damn it I forgot I have to work.
Coney Island in the Galway plate.Good EW bet

[steelwatch] 31/7/2019 00:50

Kommandor off to another N. Sea survey now. Keep watching this space :o(

[steelwatch] 30/7/2019 18:45

If anyone is collecting advfn's Plus1 coins from the free faucets, there is a new link here:

Also, see near the bottom of the header to get more.

[greatfull dead] 30/7/2019 15:22

May be. Civil servants always have hangovers, in their paper trail...

ATB,
GD

[abudhabi123] 30/7/2019 15:20

Maybe for the same reason why DCCAE have not issued the necessary permit!!!

[greatfull dead] 30/7/2019 14:59

hangover abudhabi!!!

ATB,
GD

[abudhabi123] 30/7/2019 14:57

Does anybody know why the Dublin Stock Market still showing yesterdays figures for Providence (PZQA)

[seagreen] 30/7/2019 14:42

Been there in a role before waiting for HSBC to release funds from China on 2 or 3 times ...it can drive you mad .... It really is very common

[thetoonarmy2] 30/7/2019 11:20

What I was saying a possibility is that that the bank have the funds no doubt about that although certain regulators are very cautious over the origin of funds i.e. who is behind the funds ? Anyway what the other point was that HSBC have the funds but they could be held "to my order" common terms so maybe have the funds but can only be released on license? Not saying they are but it would explain the delays.

[seagreen] 30/7/2019 09:39

Toonarmy2 I posted this to Pap's last post it really is far too complex an area of finance to be definitive over and also APEC Energy state they are advisors and not funders they provide services "in partnership with...etc"


seagreen30 Jul '19 - 09:32 - 2088 of 2088 Edit
0 0 0
Why not do some research as opposed to guessing and deliberately trying to manipulate people's minds (over what is a very complex subject).

Chinese finance is exceedingly opaque

HSBC is as you probably recall the Hong Kong Shanghai bank with some of the closest ties to Asia and China, they would follow the wishes of the Chinese authorities providing they remained legal at all costs to protect their business.

Funding decisions in Asia and China are intertwined and very complex as I tried to politely point out. There are many companies which are quoted or registered in Hong Kong, which were originally funded by the Chinese Government. These are effectively controlled by the Republic of China.

There is no such thing as a truly private Chinese enterprise and if it was not Chinese then it would not place the investment through a quasi Chinese Government organisation such as APEC Energy Enterprise Ltd.

So whilst it is "technically a private company" it is still a vehicle of the chinese state and has been set up as below, so the Chinese Republic would essentially approve or more likely provide the finance :


Introduction

APEC Energy Enterprise Ltd. was established in 2014 as a Hong Kong registered company with headquarters in Beijing. In addition to its original focus on offshore oil & gas services, APEC now provides upstream energy acquisition advice and management services in partnership with Chinese Oil Companies, offshore and onshore service providers, and SOE investment groups.

In its advisory role, APEC regularly counsels senior Chinese policy-makers and investment groups to more effectively deploy Chinese offshore and onshore E&P assets & services, while also improving China's oil & gas investment strategy.
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[seagreen] 30/7/2019 09:32

Why not do some research as opposed to guessing and deliberately trying to manipulate people's minds (over what is a very complex subject).

Chinese finance is exceedingly opaque

HSBC is as you probably recall the Hong Kong Shanghai bank with some of the closest ties to Asia and China, they would follow the wishes of the Chinese authorities providing they remained legal at all costs to protect their business.

Funding decisions in Asia and China are intertwined and very complex as I tried to politely point out. There are many companies which are quoted or registered in Hong Kong, which were originally funded by the Chinese Government. These are effectively controlled by the Republic of China.

There is no such thing as a truly private Chinese enterprise and if it was not Chinese then it would not place the investment through a quasi Chinese Government organisation such as APEC Energy Enterprise Ltd.

So whilst it is "technically a private company" it is still a vehicle of the chinese state and has been set up as below, so the Chinese Republic would essentially approve or more likely provide the finance :


Introduction

APEC Energy Enterprise Ltd. was established in 2014 as a Hong Kong registered company with headquarters in Beijing. In addition to its original focus on offshore oil & gas services, APEC now provides upstream energy acquisition advice and management services in partnership with Chinese Oil Companies, offshore and onshore service providers, and SOE investment groups.

In its advisory role, APEC regularly counsels senior Chinese policy-makers and investment groups to more effectively deploy Chinese offshore and onshore E&P assets & services, while also improving China's oil & gas investment strategy.

[greatfull dead] 30/7/2019 09:21

Yes, Herm does keep his ear to the ground...

ATB,
GD

[fiachra] 30/7/2019 09:19

hermana usually well informed

[greatfull dead] 30/7/2019 09:08

Guesstimates can be good...

GLA,
GD

[hermana3] 30/7/2019 08:31

Tomorrow is my guesstimate!