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SLME Silvermere Eng

1.875
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Silvermere Eng Investors - SLME

Silvermere Eng Investors - SLME

Share Name Share Symbol Market Stock Type
Silvermere Eng SLME London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.875 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.875 1.875
more quote information »

Top Investor Posts

Top Posts
Posted at 09/5/2013 20:21 by illuminati1
The timesAIM is a great market for making money if you choose the right stocks. But get it wrong and we are talking wipeout.Investors in Silvermere Energy, the oil and gas producer, have seen its shares lose nearly all their value (-99.98 per cent) over the past five years. And it is not alone - 118 AIM shares have lost more than 90 per cent of their value over the same period.
Posted at 22/4/2013 10:35 by showmethemoney123
If by some miracle they do manage to pull together a rescue fund raising my guess is it will be done at 1p (with huge bucket shop involvement). After all, these muppets have always issued stock at a vast discount even when there was positive progress (and on anyone's analysis this is far from positive).

I also understand they have not received one revenue cheque yet but may be misleading investors into thinking they actually have cash coming in?
Posted at 19/4/2013 10:32 by showmethemoney123
If it is the investor I think it is he is very wealthy and obviously uncovered something he was extremely unhappy with imho....
Posted at 16/4/2013 16:16 by euclid5
all this down to an £80k investor not coughing up his share of the subscription shares
Posted at 16/4/2013 16:00 by t1meout
The North do some research on LRL chap and also worth reading Zengas's posts there. Zengas has a top end price of £7 a share if all goes well at LRL. Current S/p 17p.

The CEO also bought 1.8m shares a few months ago (£280k).

The company has 12p in cash circa $40m so no need for any dilution on cash calls.

LRL Risk/reward the best i have seen in quite a while and nice to have investors like Captainnelsonforties and Zengas on board.

Sorry o/t sold here to buy there also
Posted at 16/4/2013 09:32 by pro_better
imo now to turn the ship (if they can) they need to dilute massively...it will be interesting to see if new investors will support the co now...imho they will be forced to use the seda...
Posted at 15/4/2013 11:09 by showmethemoney123
Before this moronic management team were appointed and then the stock traded at 60p - they have taken it down to 4.5p bid and have NEVER EVER placed stock to third party investors at a premium to their previous placing round.
Posted at 05/2/2013 12:06 by cliveas
colva

Isn't that the way with fledgling oil producers?

Did you really believe all could be funded from this 1 well?

When commercial flow rates confirmed and still mcap 2.5m/35m shares investors will not fear dilution but will welcome it to grow the company.

A lot of investors are not happy here but take emotion out of the equation and it all stacks up.

GL I await the high teens!
Posted at 25/1/2013 09:54 by showmethemoney123
Another sell signal? SLME seems to drop whenever he presents...

Silvermere Energy Plc to present at London Investor Evening
25 January 2013 | 09:27am
StockMarketWire.com - Andy Morrison, CEO of Silvermere Energy (SLME) [LON:SLME] the oil and gas exploration and development company focused on opportunities in North America, will be presenting at the Shares Magazine Investor Evening in London on 28th February 2013. The event offers an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also for investors to put questions to senior management of the companies presenting : Northcote Energy [LON:NCT], Ortac Resources[LON:OTC], Silvermere Energy [LON:SLME] and Sound Oil [LON:SOU]. More details at
Posted at 16/11/2012 12:13 by sufijedi
I have absolutely no confidence left in AM, the guys a snake like most AIM CEO's!!

Here is my email that i sent to him as i feared there was a sinister game in play:

Hi Andy

As a small investor in Silvermere-Energy myself and other investors that i know are really concerned with our current share price after the last rns you put out. Having compared our rns to Wothington-Energy's, what becomes apparent is there was a deliberate attempt to down play the positives with the wording of the rns.

I don't get why the overly cautious approach was taken from which the markets are now punishing us for. Some fellow investors have suggested that this may have been done to make way for further dilution in shares. Could you please enlighten me if this is the case? If this is not the case then i strongly urge yourself or whoever helps in the drafting of the rns to consider taking up some PR lessons; I'm sorry if this comes across as being rude but i believe i need to be straightforward as i have a lot of my hard earned money invested in this company. I look forward to your reply.

.......

He sent back:

Thanks for getting in touch.

I sense your frustration that the share price has not moved upwards to reflect the start of production and the consequent de-risking of the whole asset. I'm afraid though that the story is no more complicated than one of supply and demand.

There have been several BB voices commending the last RNS along with others wanting more "puff". In most cases I believe those views to reflect the buy-in price of the person holding them. We take on board those views along with operational and other inputs in order to arrive at the content and tone that we consider appropriate. We have to look at least 12 to 24 months ahead.

We very much hope that forward news will continue to be positive and that we can build the Company to reward investors for their faith.

Best,
Andy

......

"no more complicated than one of supply and demand." yeah right!!

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