Advfn.com morning market bulletin is a useful source of info to keep your eyes and ears on the game as market zig zags around like a banana boat albeit on calmer shores of late. The markets have eased off over the last few days with the FTSE in particular slipping from the 5860 range to …
2012 August
Finding oil and announcing a discovery are two different things
Yesterday’s RNS from San Leon was at first glance terrific news – and still is some extent. The style of the RNS release has more caution than wayward abandon seen by some AIM listed players. And that’s not a bad thing. But lets be clear here – finding oil was the objective. They have done …
Antrim Announces Execution of Oil Sales Contract for Causeway Field
Great news for AEY shareholders as oil sales contract is agreed with BP. As mentioned last week – Antrim are looking in fine shape as they head towards first oil from Causeway. With Fionn lined up as an easy bolt on – this is looking very economical for all involved. ………………………………………………………………………. August 28, 2012 Antrim …
2012 Hotlist Results – Week 34
Week 34 of 2012. It’s like watching paint dry out there at present – but that’s summer trading for you. The markets seem to be floating along like someone sleeping on an inflatable lilo. With Obama elections around the corner, the punctures seem to have been plugged for now. Detail from the Fed on their …
MXP reveals all with full year accounts
MXP issued full accounts today and they make for very detailed reading. Many questions that shareholders have been scratching their heads over with regards to the cash burn and production issues are answered. It’s a little shocking that the corporate governance at MXP deems some of the information revealed as not market sensitive. For instance, …
Mirabaud Broker Note on BOR’s Darwin success
BOR’s market cap closed today at £157mln and 32.5p per share. Based on rough calcs their current cash balance after the April 84p placing should be around £50mln. That’s certainly enough funds to see them through the next phase of seismics and technical/survey planning. There is no doubt that today’s news will have a number …