Xplorer Share Discussion Threads

[moreforus] 05/3/2014 07:38

after VaMP will we see some interest in shells???


"The directors of the Company have witnessed a warming of investor appetite towards quality London quoted companies in the natural resources sector. Moreover, companies with a solid history of delivering cash-flows and strong potential for accelerative production have stood out as being of particular interest to new investors.

We look forward to making a further announcement between now and the end of March"

[acefromspace] 21/2/2014 09:51

Always a good sign to see the directors investing their own cash at these levels. Must know more than we do.

[moreforus] 21/2/2014 09:45

I should say...

1.He thinks they are worth more than 49p!
2.He thinks good news is coming as he's an insider
3.He knows news is coming in 4 weeks!

[workinglunch2] 21/2/2014 09:41

Is this good news, the same director buying shares in the company at this stage in the acquisition phase?

[moreforus] 13/2/2014 10:09

yep no trades all the wibblers dumped yesterday

no delayed 50k dump either....

should rise into the news ...slowly but surely

[workinglunch2] 13/2/2014 10:04

Hold on tight, muted now but in a few weeks the herd will follow. Just do a bit a calculation and the numbers are very big. Whether the original xpl shareholders will benefit from final deal remains to be seen in the detail.

[moreforus] 12/2/2014 09:14

muted reaction to good news...

how many shells have not one but 2 assets close to acquisition?

[liquid millionaire] 12/2/2014 09:10

Go back to the start of the thread antonstar and it will all become clear!

[antontsar] 12/2/2014 09:09

Liquid Millionaire - you say FTSE 350 here we come. Aren't you being a tad over optimistic? That would suggest a market valuation of £100m or so wouldn't it?

[liquid millionaire] 12/2/2014 08:07

Not surprised moreforus!

[moreforus] 12/2/2014 08:06

max buy 15k at 52.176 at tdw...

market well bid

[chris2kmac] 12/2/2014 07:58

Oo yeah. Let's go

[liquid millionaire] 12/2/2014 07:40

FTSE350 here we come!

[moreforus] 12/2/2014 07:36

wakey wakey

rto before the end of march?

Xplorer PLC Interim Management Statement
Print
Alert
TIDMXPL

RNS Number : 8484Z

Xplorer PLC

12 February 2014

Xplorer Plc

Interim Trading Update

Xplorer Plc (the "Company" or "Xplorer") is pleased to provide shareholders with an update of recent activity.

Since our last update significant progress has been made. Our partner and major shareholder, Sprint Capital, has now identified, agreed exclusivity and is in advanced diligence enquiries with two acquisition targets. The first target offers existing mid-scale production with growth potential and the second target offers significant exploration upside. Both assets are situated within a similar geographical region.

Assuming Sprint Capital's due diligence process is successfully completed, Xplorer will then receive legal, financial and technical diligence reports prepared by the various appointed professional advisers for the Board of Xplorer to review and consider, if suitable, to agree and structure an acquisition of the target asset or assets by the Company.

In anticipation of this next stage, Xplorer has recently appointed a leading London based natural resources focussed advisory firm to help with the process of raising debt finance to support the potential transactions. In addition, the Company is currently interviewing three leading London based investment banks towards a mandate of raising equity capital in conjunction with the potential transactions.

The directors of the Company have witnessed a warming of investor appetite towards quality London quoted companies in the natural resources sector. Moreover, companies with a solid history of delivering cash-flows and strong potential for accelerative production have stood out as being of particular interest to new investors.

We look forward to making a further announcement between now and the end of March.

12 February 2014

Enquiries:

[moreforus] 11/2/2014 10:50

JackSht
Posts: 554
Off Topic

Opinion: No Opinion
Price: 51.50
News?

Today 10:47

I hear Friday, this week, or possibly Monday next. This will be the interim statement and I've no word on what detail on the acquisition(s) will be included, if any. Let you know if I get more. GLA
Jack
Reply | Recommend 1 | Report

[chris2kmac] 10/2/2014 23:05

Lol. All bodes well.. Tomorrow is a new day.

[moreforus] 10/2/2014 15:23

77k worth of buys and up 3%!

[moreforus] 10/2/2014 12:45

and the exact stock too!

[liquid millionaire] 10/2/2014 12:35

Massive news is on the way the exact timing is the hard part!

[liquid millionaire] 10/2/2014 12:34

LOL some of us might have some clue!

[acefromspace] 10/2/2014 12:09

Let's face it. Nobody has a clue what's going on here!

[liquid millionaire] 10/2/2014 10:46

You old romantic you!

[workinglunch2] 10/2/2014 10:44

Ok, I got that prediction wrong, a final prediction date for news release Friday 14th February 2014.

[chris2kmac] 03/2/2014 22:25

No mate, no one knows anything. Sold because the person needs the money. Relax my fried

[acefromspace] 03/2/2014 19:27

Rather large sale at the end of the day well below the offer price. Someone know something we don't ;-)