*Take Note!  Before I start some wise words to those who read & follow: Lot of interest in emails/texts and private DMs over the last few months on why I’m not as prolethic writing/tweeting/tipping stocks every day on companies. There’s a good reason: The simple truth is this: Most of the time investing/trading is about not getting suckered into the horse-shit. It’s about protecting capital while biding ones time until a real opportunity comes along, then getting your research done. Usually it’s a company that I’ve been tracking on the watch-list for months if not years. If that company gets to a point in time where it’s a crock of shit then I write it up negatively, if there’s a real opportunity then I write it up positively. Hence UJO which I’ve been following since the Wressle discovery. The way to keep some semblance of integrity/credibility is to resist running with the known rampers/mug punters. Plough your own farrow and always remember that it’s not as these fookers say a ‘Game’ it’s deadly serious peoples liveleyhoods are at stake.

The majority of companies never get there. Because they’re life-style companies. The AIM is awash with them. If, like me, you’ve been around for an age and a day, you know that most companies burn up. Any blogger/market commentator or financial platform that consistently writes, posts, podcasts/tweets on a daily basis nothing but ‘positivity’ on super dooper oil, tech, mining stock plays etc. Is a ‘scatter-gun cowboy’.  And should be treated with the utmost caution. No one can call 40/50 stocks in a year positively. That is a fact! If you can get 5/6 right then you’re doing extremely well.

Occasionally, along comes a company that manages to get to a point in its business cycle of ticking all the right boxes. It doesn’t happen often but when it does there’s potential for huge financial gains. Such is the time for Union Jack Oil (LON: UJO). It’s a small micro-cap oiler that’s mainly under the radar, trading at one tenth of a penny (0.10p). What marks them out, as of now, is that their asset base, which is onshore UK, has the potential in the coming months of transforming them into a genuine UK oil producing company. Not many of those around these days…..

UJO have an interest in a whole host of UK onshore licenses, but for the purposes of this blog I’m concentrating on three of the licenses that will cause a re-rate should they do what most expect them to do, strike oil and gas or be allowed to get the production going (Wressle).

1/West Newton Gas Discovery: (16.6%) West Newton A-1 gas discovery (Best Estimate Contingent Resource 189 Bcfe or 31.5 MMboe gross), the West Newton conventional appraisal well is planned to be drilled in Q1 2019.

2/Wressle: (27.5% ) Is an oil discovery that’s mired in ‘legals’. It’s a bread and butter asset that has flowed oil and gas. The estimates of oil are circa 2.1 million barrels. Wressle is expected to flow at 500bopd minimum but could hit 1,000 bopd that’s somewhere between 137-264bopd net to UJO. All going well this should be resolved in late 2019/20.

3/Biscathorpe: The mean Prospective Resource volume for the main reservoir objective, as calculated by Egdon Resources (35.8%) is circa 14 million barrels of oil. Additionally, there’s a potential for stratigraphic trapping at Biscathorpe, which, if present, could increase the expected gross Prospective Resources to 41 million barrels of oil. UJO Own 22%. Drilling late 2018.

Now here’s the nub. 22% of 14m barrels of oil is circa 3m barrels net to UJO. If it’s 41M barrels then it’s circa 9m barrels of oil net to the company, on The West Newton A-1 gas discovery the Best Estimate Contingent Resource 189 Bcfe or 31.5 MMboe gross, the West Newton conventional appraisal well is planned to be drilled in Q1 2019. That’s circa 5MMboe net to UJO. On Wressle which is a discovery and has already flowed there’s 2.1m barrels of oil, 27.5% net to UJO that’s 550,000 barrels.

In total (not including their small producing assets), over the next few months, at the top end of the numbers Union Jack Oil are involved in three licences in play for circa 75,000,000m – 47,500,000m barrels of oil or equivalent. That’s more oil and gas than any UK onshore company currently listed on the London Alternative Investment Market (AIM). There is NO company that comes close to them.

Their share of the oil and gas is bigger than two of the biggest over-hyped POS’s currently deluding investors with fantasy claims of billions of barrels of oil in the Weald. While producing zippo! (UKOG and Angus Energy).

The difference in the SP and the market capitalisation is astounding. As is the quality of the UJO licences which by far out-strips UKOG & Angus Energy’s. It is only a question of time before they come on the radar and out-perform, SP and oil production wise, the Liargas plays and what’s more UJO are a conventional oiler. No fracking, all environmental regulations are adhered too.

UJO have quietly manoeuvred themselves into a potential winning hand. What’s more their recent placing takes out the spectre of imminent dilution. They’re fully funded going forward. Debt free. It doesn’t get any better than this for a micro-cap play.

How high can they go? That’s the million-dollar question. On the run up to the Biscathorpe spud if investors get behind it they could double or triple in value. If they strike oil at Biscathorpe and bring in the West Newton discovery revenue will start to flood in, then 0.50p-1p isn’t hard to see. Could hit 2p we just don’t know.

One thing is certain the SP will rise the closer the drills get and interest starts to pick up. Get a slice of the pie while it’s cheap, because ‘campers’ when it’s 0.30p you’ll be cursing!

Viva!

Dan

Nota Bene: I hold stock in UJO. Not that it’s any of your business!!!

The post Union Jack Oil. Their Time Has Come. Buy A Slice Of The Pie…. Here’s Why! appeared first on Guerilla Investing.

 Further releases of the Vanguard game are to include “Pay to Download” and “In App. Purchase” versions downloadable for mobile users via the Apple App Store and Google Play Store, VR users via the Oculus Store and PC users on windows, leading to full cross-platform integration to include users on PlayStation, Xbox and Nintendo Switch”

What have we above? It dropped yesterday via RNS from Dev Clever Holdings (DEV.L) the standard list newbie has come to market with a silent bang. A bang that by all accounts, industry sources, familiar with their strategy and tech offerings, believe will get louder and louder. I’ve high-lighted certain key value drivers from yesterdays RNS, But the biggest value driver here is this: “full cross-platform integration”.

Dev CEO, Chris Jeffries, continues pulling the drawstrings, revealing what’s likely to be going on behind the curtain since starting the listing process. RNS news should show the way. Will it reveal more of the bespoke software development company’s 3 channels for their products and services? Namely “Educate, Engage, Evolve?” More to follow on that soon. First, we have the appetiser.

Back to the game itself. RNS yesterday. Last year Epic Games, the privately held Potomac Maryland based Co, propelled by the stellar success of their Fortnight gem, announced that it raised $1.25 billion as part of a major new investment round. Some industry experts and speculators attempted to put a value on the Maryland Company of anywhere up to $15 billion. That’s right folks that’s billions of Washington’s. Now of course one must make “A leap of faith” for the venue “pay per play” launch of “Vanguard: Fight for Rudiarius” being likely to bring such lofty valuations to the door of Dev Clever Holdings. At least not anytime soon. Investor dreams territory it may seem today, but tomorrows reality is a very real possibility.

Speculation mounts in certain private investor circles that this company is about to do something quite special in the market to perhaps deserve much more than ten cents on the price. We are not dealing in pounds shillings and pence here.

It’s rumoured their venue pay per play launch is soon to be followed by the game app launch in online venues  listed so far as “Pay to Download” and “In App. Purchase” mediums for downloadable mobile users via the Apple App Store, Google Play Store, VR users via the Oculus Store and PC users on windows, leading to full cross-platform integration to include users on PlayStation, Xbox and Nintendo Switch. Let that sink in. This Company has an endless supply of Grade A business partners. Rumours abound of deals, it’s hotting up and the SP is reacting to such. News is coming and it’s big.

Do we care? Do they have the legs? Click HERE to Discover

At this point in time the litmus test for a game or app that’s said to be piquing the interest of one or two major players in the sphere will truly start. On the game app and venue version we can address the success of both the company promote and the natural player reaction through in app punter wallet opening more thoroughly.

All a bit sudden for a newly listed company? Well here’s where the back story gets interesting. This isn’t your ramp standard lets float an idea and hit the brokers to see if the retail will buy it five minutes in the making ‘ramp n go’ with loot job by all accounts. No, five years in building the start-up are the hard miles and we are told 18 months downstream of a prolonged listing process, we have, it seems a ‘virtual’ in this reality dam of news, contracts and progress to look forward to being released. Self-funding during that time. Progressed ideas into products. Will major partners take an interest? All that and more right here as a possible self-selling story evolves. Target up to 50p on any major news that drops.

‘Gary Mac’ (HNWI & DEV Share-Holder)

The post Buy (Dev) Clever! Target up to 50p! appeared first on Guerilla Investing.

Last week saw a real ‘Cheap Shot’ taken by “Individual-1” (Tom Winnifrith) & ShareProphets on myself. Apparently headlines were screaming thus: “A shameful ramp by Brokerman Dan, that is to say Dev Clever”.

Well let me put on notice certain facts. The article was written by Gary Mac, a Dev Clever HNWI share-holder. Now Gary, is entitled to his opinion and if anyone asks me can they post an article on a company on my site then providing it’s well written, can explain why they like or dislike a company in common-sense English, then they’re more than welcome to post. Hence Gary’s post. But to release a head-line impugning myself and this site from a site that has been involved in more scandalous racketeering than a New York crime family, really takes the proverbial ‘Piss’. It’s Trumpism at its worse. ShareProphets is a good site but it’s not without its skeletons. Some known, lots not…..

Of course like all things there’s a back-story here to why Individual-1 has tried to attack Dev Clever in the head-line deliberately lying about ramping and who the author is, and it’s a real shitty back-story. But first let me give you all some colour as to it.

The UK Investor Show is penned for the end of March 2019. It’s a great show and as such it has to sell stalls, sponsorship, tickets etc. I being a ‘person of interest’ was asked by Individual-1 to see if I could help on several companies that the Show were trying to sign up. Now remember there’s usually a commission involved in UK Investor Show sales. You bring a company and they pay you a fat commission. Keep that in mind, very important. Being the thoroughly ‘straight shooter’ that I like to think I am and bearing in mind Individual-1s good behaviour over the last 12 months and the Shows ownership having been sold to Mr Nigel Wray I thought it not unreasonable to assist.

My history means that I have to forward think, to look back optically as to how my actions could be seen further down the line. Not because of the usual pump and dumpster detractors, they’re par for the course for any Journalist/Blogger, but because I have to be whiter than white when it comes to The FCA & the Aim Team. Who, rest assured, know which Bloggers, Promoters and P&Ders take payments. The market is littered with duplicitous fookers taking undeclared payments and, or, Big Fat Juicy Commissions. So with this in mind I never take commissions or payments. 

I specifically made sure it was stated in the tripartrite communications betwixt myself, Company A,B,C etc & Individual-1 that I do not and will not take any kind of remuneration/commission. As legal as it is to take a commission, I don’t. I Am Not For Sale. Although there are many exhibiting at the UK Investor Show, I would not assist or recommend a POS shyster company to go to the UK Investor. Last year I refused legal payments of over £50,000. That’s a fact. If I believe a company is decent or a sham then I write it as it is. Yes it annoys people but it’s why this site has 10,000 plus signed up members. There are no fees being ‘skanked’ out of PI’s here. There’s no monetisation. Zippo!

Of the companies I was asked to help get to the UK Investor show one of them was ‘Dev Clever’. Apparently Individual-1 was having some difficulty closing. Chris Jefferies wasn’t returning telephone calls/emails. This was because Jefferies was in and out of contractual meetings. (Not known by the Show). DEV, has been listed for less than a month, has a great team with real potential. Which is why it’s SP has fared very well post IPO. It’s moved up on speculation of major deals being signed. It’s not moved up because Gary Mac wrote his opinion on my site. In-fact as of writing, their SP is below what it was when Gary’s piece was published.

DEV has no history of shyster-ism unlike quite of lot of the POS’s Individual-1 has taken payments from, such as Red Rock Resources (LON: RRR) Nostra Terra Oil & Gas (LON: NTOG) Blue Bird Merchant Ventures (LON: BMV) to name but three companies that have a history of blatant shyster-ism. All three heavily RAMPED on ShareProphets. There are plenty of others… Come on down Optibiotix and virtually every fooking company that Adam Reynolds brings to market.

I had a conference call, organised by share-holders, to speak to CEO Chris Jefferies, at 9am on Friday of last week on behalf of Individual-1. On Thursday afternoon ShareProphets put out a wholly miss-leading headline in their Bolloxcast. That was designed specifically to bludgeon Dev Clever to take a stall at the UK Show. Unbeknown to Shareprophets and their Bolloxcast on Thursday, Jeffries had already decided to take a stall. So, my riposte to Individual-1 is this. Do not use ‘Dirty Tricks’ to get Dev Clever to pay you for a slot at The UK Investor Show and woe betide you & your site if you ever try again to use your ‘skulduggery’ sullying my site and my name. Put an end to your racketeering ways.

Do I make myself clear Tom?

Viva!

Dan

The post ShareProphets ‘Individual-1’ & Dev Clever… appeared first on Guerilla Investing.

Today’s RNS from Andalas Energy & Power (LON: ADL)  all but confirms recent speculation that there are ‘issues‘ on the Bunga Mas (BM) transaction. Now the company will spin that it’s not their fault and the renewal of the PSC from the Government Of Indonesia (GOI) is onerous, but surely after all the ‘fookery‘ from the previous miss-management the new team must know that there are always problems when conducting business in Indonesia. It is par for the course. You can’t sign a PSC unless you have the cash or can prove that you can get the cash. The quality of the licence is immaterial.

Bunga Mas is a good asset. It has huge potential to flesh out any small oil minnow with real production. I know this because I have been on site and have had access to all the data available to me at that time. Nothing is set in stone when it comes to O&G, but basic economics and how to do business in-country, in Indonesia has to be learned. By now you’d think that ADL would be past masters at it! Investors need to realise that Bunga Mas will progress at the Indo’ pace not the Nutter BB pace. Andalas are not a one trick pony. Investors should hold for the results of the Colter drill, which is like BM, a potential company maker.

However, credit where credit is due to the Company and their head honcho Simon Gorringe. Who’ve came out and updated the market ‘Pronto’. That may be some what ‘cold comfort’ for shareholders but it does show that being honest, going forward, and updating your investor base in a timely fashion, no matter how unpalatable it may be, is a medicine few like to swallow even when it helps your recovery. So, it’s well done ADL on today’s RNS. Honesty is the best policy. 

Now remember, Rome wasn’t built in a day. The Colter drill is on track and hasn’t been valued into the ADL SP. Should that come in then I can see the SP heading way over 2p, maybe even 3p. So it’s not bad news today. It’s as you were and let the Board get on running the company in the correct way. Hold for Colter. Common-Sense!

Viva!

Dan

The post Andalas Energy & Power. Honesty Is The Best Policy! Hold For Colter appeared first on Guerilla Investing.

Yesterday I had to rush to the City of Mammon on ‘confidential business’. But as ever ‘yours truly’ doesn’t miss an opportunity to get the latest juicy news, views, rumours and whispers. Which brings me on nicely to the utter clusterfook that has become Coro Energy (LON: CORO).

Every one who invested (Myself Included) has been spun more ‘tales’ than  there are rats in the sewers of Whitechapel. I like the Board, particularly James Parsons (JP), who is one of the good guys. So I take no pleasure in tearing into & ripping the company, but some one has to stand up and read the riot act here to the Management! The whole sad, sorry adventure of Coro Energy has been structured around and loaded in favour of corporates making the money via dodgy finance packages that puts them in the driving seat, when it comes to trading out their discounted stock and warrants! It’s a fooking disgrace and James Parsons needs to step up to the plate and sort the whole, sad, sorry miss-adventure out! Corporate Gang-Banging!

Their Indonesian strategy is woeful. Their RNS of Monday was another self inflicted injury. They totally miss-read the impact of their ‘Euro Bonds’ for Indonesian gas RNS. That’s been their form since day one of the takeover of Saffron Energy and the metamorphosis into Coro Energy. Whether it be executive management swanning around at expensive ‘black tie‘ events (with fireworks) where the previous CEO was prancing around in an evening gown, while all were ‘quaffing & scoffing’ (at the expense of the lowly Private Investor) slapping each others backs after being flown in for the ‘jolly’ on business class flights to be warmly ensconced into five star hotels, as Mike Masterman off-loaded shares on the ‘QT’, it’s been one long car crash.

It’s apparent that the management are about as far away from their lowly PI investor base as a street busker is from a spot at the London Palladium entertaining Royalty. If what I’m hearing from yesterday proves to be correct then Mondays RNS, which was an absolute fooking shocker, a smoke & mirrors Death Spiral financing package dressed up as Euro Bonds’, funded by well known value destroyers Lombard ‘Odious’, then there’s a major kick in the balls to go with the Monday kick in the teeth RNS.

The cash position of Coro is dire. One only has to look at their fundamentals to see that from a healthy €14M Euros as of June 2018 the cash has all but gone. $12M in cash and shares ($8M CASH) spunked on the Bula PSC, $2.95M CASH on Duyung PSC, $2.8M on General & Administration for 6 months up to June 2018 and those figures do not include current liabilities and 7 months of further cash burn, which is at least $2M and that’s being very generous on my part! The head count here is manifestly gross. The balance sheet is a travesty which is why suspicion is heightened when their Broker runs a presentation. When a companies broker organises a presentation it’s for one reason and one reason only. Placing. When a company rocks up to a VOX market shindig that too is an indication of a capital raise. It’s called a ‘roadshow’. and when two London sources tell me theirs speculation of a huge raise then you can bet your last dollar that there’s some thing going on. Glossy presentation brochures aside….

The current whispers on Coro do not bode well for those daft enough to be listening to the horse-shite ‘screamed’ online and on financial Bulletin Boards (BBs), which have been infiltrated by paid rampers and one or two brokers who as I type are rumoured to be lining up one hell of a MASSIVE dilutionary placing! Yes sources indicate that Coro Energy are testing the ‘appetite‘ to get a huge placing away.  £10m-£20M. 

It’s a shambles! Private Investors are being played for fools….

Viva!

Dan

The post Coro Energy £10M-£20M Placing! It’s A Shambles! appeared first on Guerilla Investing.

One of my favourite sayings that I often use when it comes to the fakirs and shysters that operate on both sides of the corporate fence, is “Oh what a wicked web we weave when we practice to deceive”,. The tricks and manoeuvres never cease to supply me with a barrel of laughs. CEO’s, Directors buying a pittance of stock, clarion calls, emails and text messages to the gullible, Chief Operating Officers rocking up on cowboy podcasts to deny funding, twitter DM groups infiltrated by the company PR to monitor how the deceits are being swallowed. Mass tweets of the‘veritable’ paid pumpsters such as Total Market Shite (TMS). It really is testament to the power of honesty that one man exposing the shambles of companies can have such an effect.

I’m reminded of that well known line in the exorcist: “The Power Of Christ Compels You” Ergo, The Power Of Dan Compels You…. AIM companies just need to be honest. It’s as simple as that. Honesty is the best policy. You duck, dive and deceive then you pay the ultimate price. Loss of your share-holder base. Such is the ‘Jackanory‘ on Coro.

Yesterday those that had been made inside on the Coro Energy (LON: CORO) placing were ‘cleansed’ Mirabaud, Company and Nomad emails went out ‘en masse’ and the CEO bought a handful of confetti which means that Coro have, after being exposed on here, done an Angus Energy (LON: ANGS), delayed and walked back their placing and we all know what happened there, which will happen here. Coro will try to puff up their SP then when the coast is clear they’ll drop their Placing. It’s a ticking placing bomb on the heads of those daft enough to suck up the guff. Hence why the 5 day ‘silence of the gullible’ was broken by a plethora of corporate denials, but you can, like Angus, only delay the inevitable for so long. The cash position is woeful. Their balance sheet reveals the two ‘fundamental’ truths. The shine of my good com padre, James Parsons has some what dulled and £14M has all but gone…….

Which leads me on to another snippet of news. Just why have Coro paid circa £18,000 (Flights, Hotels, Wine & Grub not included) to attend a ‘one to one’ direct corporate investor funding shindig in Hong Kong?

1/ Because Coro have got lots of cash?

2/ Because Coro have spunked away £14M?

It’s a bit like speed dating but in this case it’s speed ‘debting’. As for the Euro Bonds for Gas, any one with half a brain knows that Lombard ‘odious’ and Rob Giles are vulture financiers. This is death spiral funding. Euro Bonds for gas? Would that be laughing gas? As sure as night follows day, however much they ‘delay’ theirs a placing coming.

It’s a Shambles. Like venereal disease, take precautions. Protection helps.

Viva!

Dan

The post Coro Energy: The Shambles Part 2. Placing Update! appeared first on Guerilla Investing.

Some times one really has to get the news out to the ‘lumpen-proletariat’. No matter how unpalatable. There’s a whisper of a huge shocking dilutory placing of circa £4M circulating amongst the bucket-shops. On Haydale Graphene (LON: HAYD)

Mother Hubbard says there’s nothing in their cupboard. So beware.

I’m hearing that there’s a massive discount which could be as big as 60% to today’s button price. The placing is being run by Cornhill and it closes on Wednesday 20th. That’s tomorrow.

Just a quick update. ‘Protect & Serve’

Viva!

Dan

The post Haydale Graphene. Huge Placing Closes Tomorrow… appeared first on Guerilla Investing.

It’s looking decidedly grimmer and grimmer as each week passes on ‘Uber dog & ‘Uber’ ramped Chesterfield Resources (LON: CHF) This outfit are without doubt the biggest crock of shit currently on the small cap mining resources sector. They’re a mining copper play with bits of paper laying claim to ‘Copper Riches’ beyond your wildest dreams, in Cyprus.

Having spoken to ‘The Secret Nomad’ on all things standard listed and gone through every RNS and company presentation/s I can now tell you exactly what’s in store for any mug punter who falls for the ‘Greeks Bearing Gifts’ spiel currently being vomited out by this POS and their paid promoters.

Chesterfield listed on the 29th August 2017 raising £1.3M at 5p. Two months later the company was suspended, apparently a reverse takeover, so with a new prospectus they announced on 28th June 2018 that they’d raised £2M at 7.5p and had also issued 6,666,667 shares (£500K) of stock to HKP Exploration Ltd to take them over for the rights to 7 permits. HK Exploration paid nominal sums for the permits which were now incorporated into the new improved POS Chesterfield.

In September 2018 they released their Interim Results up to 30th June 2018. Where the cash balance was circa £900K. Now here’s the conundrum. On 28th June they confirmed the relisting and £2M raise. Their Interim’s are up to 30th June 2018 yet CHF state they have £900K. Have CHF ‘Jazz-funked’ away £1.1M in the space of 2 days of being relisted? If so then Whilst in suspension CHF must have been bust. The licences were paid for in shares. What was the £1.1M spent on, in two days, other than debts? It gets worse. If the above is correct then £2.4M in total has been spent over 10 months from listing to re-listing. Which leaves CHF £900K as of June end 2018, 8 months ago. The Company needs to clarify their cash position pronto!

If the £1.1M of the £2M has gone then they were burning cash at circa £240K per month up to June 30th 2018. How much cash has CHF got left? Well, on the cash burn up to June 2018 they again would be? Bust.

But let’s be generous because I’m a good guy. Lets say they decreased their cash-burn by 66% for the 8 months up to today. That means the Company have circa £100K in cash. And believe me ‘Uncle Dan’ is being extremely generous in cutting their cash-burn down by 66% per month. CHF are running on vapours. Mining, by it’s very nature, is hugely expensive. It’s hundreds of millions of pounds of capital expenditure (Capex) before a mine can be opened.

But here’s the ‘wibble in the wobble’. Being a standard listed company they can only issue 20% of their shares in actual issue in any one 12 month period, unless of course they come up with another ‘Acquisition’ and suspend and re-admit yet again….. If they go for a placing, 20% of shares are circa 12M shares. At 2p that’s one months cash-burn. At 3p that’s 6 weeks cash-burn. Or on the “generous good guy” figures of £100K per month 10 weeks or 15 weeks. Of course they’ll have to wait about 90 days before they issue.. There’s a very real possibility that CHF may well have to submit another prospectus and suspend. As Yoda would put it, ‘Vapours, almost certainly running them on’.

Cyprus was famous in antiquity for its copper resources. In fact the very word copper is derived from the Greek name for the island, Kupros. Cypriots first worked copper in the fourth millennium B.C., making tools from copper, which at that time could still be found on the surface. The discovery of rich copper-bearing ores on the north slope of the Troodos Mountains led to the mining of Cyprus’ mineral resources in the Bronze Age at sites such as Ambelikou-Aletri.

Of course today after 3,000 years of mining one may want to ask exactly what’s left? Other than a few small time privateers, since 1970 the Cypriot mining industry has been in recession. Copper produced used to come from low grade dumps. That’s to say; processing of waste material from previous mining operations such as the Skouriotissa mine owned by Hellenic Copper Mines Ltd. Who’re a small scale producing copper mining company on Cyprus. In fact, Hellenic Copper Mines Ltd. are the one and only mining company on the island of Cyprus. Why is that? Answer. Because they have all the mining waste from their previous operations. In other words there’s fook all left. The only copper being produced in Cyprus comes from waste. Slag heaps. If you’d like to buy a permit and try your hand at finding the mother-lode of copper, gold or any other metal on Cyprus the cost is circa £8K per permit.

If you believe that defunct mines that cost a minimum of $200M dollops to clean up and get into production is good business then you need to send me all your money because I’m opening a gold mine at the back of a pawn shop in Didsbury….

Now we’ve all heard of that pithy saying “Beware of Greeks bearing gifts”. So here are the facts

Most mines on either side of the ‘Green Line’ (Google it) are of special scientific interest to the worlds archaeologists. That’s the Cypriot, copper industry in its entirety. There are 100’s of toxic abandoned mines. A full producing mine costs hundreds of millions of dollars to get into production. This lot have zippo cash and are about as far away from producing copper as I am from receiving a Royal Pardon and an invitation to become a ‘Lord’ of the realm. It’s a fantasy ‘Paper Mine’. Nothing more nothing less. Of course the ‘howler monkies’ will scream and scream and scream some more as reality bites.

I’ve seen it before. It’s an old worn ‘recipe’. Pick an area that’s had a history, get some spurious exploratory permits, throw in a few RNS’s, add a dash of diamond drill sampling, over-promote, give a few quid with an expenses paid jaunt to a couple of P&Ders, a pinch of ‘Total Market Shite‘, light the blue touch paper, sit back and laugh as you Mine the City of London via Mug punters.

Having spoken to ‘sources’ on what’s likely to be going on within this POS, I can only say commiserations if you’ve been suckered in by the blatant P&Ding that’s got you to this point in your trading/investing methodology where you greedily suck up more shite than a portaloo, suction cleaning vacuum.

This so called mining copper riches story is very similar to another one. In fact you could say it’s right out of the mining play-book for ‘Suckers‘. For those of us who recall the ‘Greek Tragedy’ that was Emed Mining. I’ll tell you this. It didn’t end well… Emed Mining were, (note the word “Were) a copper mining riches beyond your wildest dreams with licences in? Yes you’ve guessed it, £8 grand a ‘pop’ permit, Cyprus…

It’s Suspension, Placing or Both. Shell value 0.60p

The post Chesterfield Resources ‘Mugs’ Being Played. It’s Either Suspension or Placing or Both! appeared first on Guerilla Investing.

Investors really need to take note of the lies and deceits of the well known fraudster and liar running the scam that is Nostra Terra Oil & Gas ((LON: NTOG). I’ve high-lighted this POS many times and each and every time I have been correct. Two weeks ago the Ex Estate Agent Mormon shyster, (Twat) Matt Lofgran, was running around with that other well known shyster outfit Total Market Shite (TMS) telling all & sundry that they would not be raising money and didn’t need too. While at the same time organising another placing. This was tweeted, posted and cowboy-casted out over all the financial platforms by the paid P&Ders.

Total Market Shite is the brain-child of one Mr David Burton, who was booted out of Vox Markets, when they decided to clean up their act severing all ties with him & the P&Ders he’d introduced to the Vox platform. Now that’s fact. So it should be no surprise that TMS and the Burton Pump & Dump crew all found comfort together again taking payments from shyster companies, like Nostra.

Misleading investors into proven shite companies, taking backhanders, trading the stock while heavily promoting company changing events is nothing new. The best way to think of it is as a bit like the ‘Time Share’ scam. Suckers get sucked in, fed horse-shite, part with cash. Leave with a head full of magic clutching worthless timeshares, then get wiped out. It’s only after the event reality bites. The scam moves on focusing on the next set of suckers. Rinse repeat ad-infinitum.

The simple truth on Nostra is as plain as the nose on your face. Lofgran has raped, lied & deceived gullible investors in the company for 10yrs. He’s wasted tens of millions of your cash. It’s had more bullshit assets, trumpeted as company changing plays than you’ve had hot dinners. RNS’s galore, Placings galore, Consolidations galore, Dilution galore. Debt galore, Assets galore. Production has never ever covered costs. It’s stripper well production. Marginal, exhausted fields/wells bought for a few thousand dollars to ‘Flesh out’ the ‘Jackanory’ are never going to transform a company. It’s cash burn out-strips it’s highly costly minimal stripper well production. It will always dilute and place to raise cash because there’s always debt. Here’s a prediction. Shares in issue will yet again double from where they are now. Then they’ll double again eventually breaching one billion etc. etc. etc. That’s the ‘Modus-Operandi’. Rinse repeat Mug Punters and always keep changing the ‘Jackanory’.

Take some advice all you ADVFN/LSE/III Posters. Walk away there are plenty of decent oilers out there. This isn’t one of them. It’s a Fraud with a capital ‘F’.

If you had invested £100,000 in Lofgran on day one of his tenure then you would have less than £100. You put money into NTOG then you will ultimately lose the lot. It’s run by a liar who shorts his own company and will carry on diluting and placing until you’re all ‘Gone for a Burton’.

Work it out!

The post Nostra Terra Oil & Gas. Fraud with a capital ‘F’. ‘Gone for a Burton’. appeared first on Guerilla Investing.

It stinks and it stinks to high heaven. Nostra Terra Oil & Gas (LON: NTOG) released a holdings RNS (TR1) yesterday from Eridge Capital. Mug punters will know that Eridge is what’s left of the New World Oil & Gas fiasco that went down in flames via massive stock market manipulation. Once again, the ramping and manipulation has well and truly started at Nostra. Lofgran is over-seeing a massive fraud and is involved. He’s up to his ‘Mormon’ neck in it! And we all know who the P&D crew behind it are.

Yesterday Nostra released a TR1 stating that Eridge Capital held 4.43%. That TR1 was a blatant lie. In actual fact Eridge’s holding was 3.34% (6,523,000). Today we get another NTOG Eridge TR1 stating that their holding has gone up from 4.43% to 4.98% (9,731,333). Again that is a lie. The RNS from yesterday was bogus ergo today’s TR1 is bogus. the Eridge Holding has not gone up from 4.43%. The numbers do not add up. Yesterdays TR1 contained material inaccuracies as to the true size of Eridges holding. Todays TR1 also contains material inaccuracies as to their present position.

As you all know I’ve exposed this company more times than I can remember. But now questions need to be answered by their Shorting CEO Lofgran and their Nomad Strand Hanson.

1/ Who wrote and lodged yesterdays Eridge TR1?

2/ Who wrote and lodged today’s Eridge TR1?

3/ Is the person connected, in any way shape or form, to Nostra?

4/ Has this person received cash payments past, present or future from NTOG

5/ Why did their Nomad sign off both TR1s containing material inaccuracies? 

The stock market rules on TR1s are crystal clear. You only disclose an increase or decrease in your holding when you go through each percentile point. That is to say 3% to 4% to 5% etc. You do not release a TR1 in the bits in-between. It’s designed to specifically stop market abuse (Bogus TR1s are an attempt at stock market manipulation). Now I’ve spoken to Strand Hanson (Nomad) today. So I expect that some where along the line they will get back to me or YOU with clarification of ALL of the above.

Barge-Pole Nostra, it’s a calamity waiting to get thrown off the AIM.

The post Nostra Terra Oil & Gas. Fraudulent TR1’s (Holding RNS’s) Gotcha! Again! appeared first on Guerilla Investing.

There’s never a dull moment when you’re researching investments. I’ve alluded to ‘The Secret Nomad’ once or twice in a few of my epistles. It would seem that some-one or one of the regulated companies has stole my line “The Secret Nomad”. More to that they’ve registered a domain and launched a website. It really does take the biscuit. The absolute cheek of it! I found this site yesterday when I noticed a new twitter follower….. https://thesecretnomad.com/

But what’s rather interesting is that the articles published by The Secret Nomad (TSN) tend to show that it’s either a real or maybe a retired Nomad or some one who has a vastly superior knowledge of the Markets than most of us. Myself & SharepProphets will obviously be following TSN very closely….

What’s even more interesting is that if I know the FCA & AIM regs they’ll be all over this like a cheap suite. As will the financial press.

The City of Mammon will not want one of their own turning Rogue & going off the reservation, spilling the beans as to what goes on behind the veil……

Viva!

Dan

The post The Secret Nomad…. appeared first on Guerilla Investing.

The TR1 Notification was lodged (in good time) with the company yesterday afternoon. It should have been released this morning. Sadly they haven’t yet released it. So I’m releasing it now.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Andalas Energy & Power PLC

Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer X

Reason for the (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments  

An event changing the breakdown of voting rights   Other (please specify)ⁱⁱⁱ:  

3. Details of person subject to the notification obligation^iv Name ‘BrokerMan Daniel’. City and country of registered office (if applicable)

4. Full name of shareholder(s) (if different from 3.)^v Name Mr Daniel Levi. City and country of registered office (if applicable)

  5. Date on which the threshold was crossed or reached^vi: 08/04/2019

6. Date on which issuer notified (DD/MM/YYYY): 09/04/2019

7. Total positions of person(s) subject to the notification obligation   % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B) Total number of voting rights of issuer^vii Resulting situation on the date on which threshold was crossed or reached 3%  

3% 603,970,301

Position of previous notification (if applicable)        

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Ascent Resources (LON: AST) Yesterday plunged the knife yet again into their own shareholders via a huge discounted placing raising a piss poor £750,000. The last placing they tried was with Primary Bid ‘in the bolloxs‘ which failed to flog the full allotment, of yet again, hugely discounted shares hence why the residual shares that Primary Bid couldn’t sell were off-loaded yesterday to yet more so called ‘Institutional’ investors. This is a bare-faced lie.

There are no ‘Institutions’ investing in Ascent. Just as in the Henderson Global, Darwin Strategic, Lombard days of chicanery, so called Institutional Investors. And we all know exactly where these Institutions are right now. Gone, vamoosh, scarpered with the loot after selling off all their heavily discounted shares leaving you the mug punters holding the CONfetti.

Ascent has now hit rock bottom and is having to use ‘bottom feeder’ bucket shop finance. The new improved ‘Institutional Investors’ are in actual fact a small group of well known ‘Vulture’, one man band corporate flippers. Who will be ramping to fook on twitter, Total Market Shite, ‘Gone for a Burton’ and various BB threads under anonymous names. My sources tell me that one of the flippers is planning to flip out every time he’s showing a 15%-20% gain. I could name that individual but it would compromise a source. But he’s a well known corporate shyster who works in cahoots with twitter cowboys and is a chum of the under investigation First Equity Broker Mr Miles ‘Vulture’ McNulty who recently ‘dearly departed’ from twitter due to said investigation….

Ascent are embroiled in a costly legal dispute with the Slovenian Government, have piss poor deteriorating production that needs several million in capex spunking away every year on top of huge corporate overheads. The business isn’t viable. Come the Ascent Resources AGM, the Articles Of Association will be changed to allow Hutchinson to issue an unfettered amount of shares below ‘par value’. This is going to result in massive, and I mean massive dilution with a consolidation of shares in issue. Funnily enough round about the time ALL the corporate flippers will have sold all their discounted stock back to the mug punters. If you hold this stock for any length of time you are going to be wiped out. The Board have a history of not giving a flying fook about their shareholders. It’s all about keeping the lights on via whatever finance they can get.

Now we all know that CEO Colin Hutchinson, was left holding the entrails of the AST corpse after Clive Carver & Co jumped the sinking ship, (pockets filled with pay & expenses leaving him to wind down the company) has to raise money to survive otherwise it’s lights off and good night Vienna but when CEOs deliberately masquerade Corporate flippers as ‘Institutional Investors’ knowing full well that they will deliberately pump & dump to the detriment of genuine long suffering share-holders then it is time for shareholders to sell up and move on, particularly when the fundamentals are as shocking as Ascents. The next placing in Ascent Resources is already being planned by their newly installed joint broker SP Angel it will come post AGM. Of course they’ll now deny it till blue in the face and they’ll try to drag it out for as long as they can. But my source is within SP Angel and has confirmed that they were taken on specifically to assist in another cash raise post AGM. So expect more horse-shit RNS’s to artificially raise the SP.

I wont go into the cash raised pre Jan’ 2017. Otherwise I’d be here all day! Suffice it to say that AST has spunked away circa £40,000,000 pre 2017. Since January 2017 Ascent resources has raised £14,235,271. 2017 & 2018 production generated circa £2M in revenue. Production has steadily fallen. Last figure was circa £35K for March 2019. Down from an initial high of circa £200k per month.

Ascent resources has basically spent £7,000,000 per year to generate circa £1M. As a business that is unsustainable. Which is why Hutchinson is now grabbing low level bottom feeder finance. The Petisovci gas field is in terminal decline. It needs, and will always need, expensive workovers to deliver small gas. The Capex by far out-stretches the revenues generated which is why during the Strategic Review no fooker would touch it. It’s production will never get into the black. In what business would you invest £7,000,000 per year to make £1M? The talk of ‘Workovers’ is very apt here. It’s you the AST shareholders who are and will continue to be worked-over by Ascent Resources. Production has all but ground to a halt and the cash-burn will have to increase. Enter the latest batch of corporate shyster finance.

Talk of a new direction and new assets is a ‘Jackanory’, a white elephant. There’s no money for new assets. It’s a fig leaf to lessen the disaster that is the Petisovci field and the continual rape of UK Investors. This is only going one of two ways and that is administration/delisting or another team comes in and wipes out (again) share holders while heralding a new dawn…. We’ve all seen it many, many times. It never ends well.

Get out and stay out!

Viva

Dan

The post Ascent Resources. Death By A 1,000 Cuts (Placings). Another Massive Discounted Placing On The Way! appeared first on Guerilla Investing.

The Chesterfield Resources (LON: CHF) Pump & Dump isn’t going well. Apparently there’s been hundreds of abusive tweets and voiced over videos containing language that would warrant a sectioning under the mental health act. This is par for the course when it comes to The Runcorn Troll, an ex sewage worker who operates under the guise of Doc Holiday the infamous gunslinger from the wild west. Doc Holiday is in actual fact an internet troll who’s real name is Mr Michael Whitlow who operates out of a Santander mortgaged, small semi-detached property some-where in the environs of Runcorn Cheshire. What’s Mr Whitlow trying to hide? What’s all this abuse, the ravings of desperation? Could it be the £94,000 in secret payments taken up to year end September 2018? Yes folks the ‘gunslinger’ just like one of his erstwhile posse members, Mr Leon Hogan, has been trousering cash from companies on the quiet, through Volant Services

Unbeknown to most people Mr Whitlow runs a paper company called Volant Services (VSL). There’s no office, no Secretary, No telephone, No employees, it’s a paper shell registered out of a post address 20-22 Wenlock Rd, London, England, N1 7GU Volant was specifically formulated to take secret payments from companies and ‘Promote’ organisers’. And that’s where the £94,000 has come from. Most of that money, if not all, has come from companies that Mr Whitlow & Mr Burton of Total Market Shite, ramp to fook on a daily basis. Payments have been made either directly or in-directly and funnelled through Total Market Shite into the pocket of Mr Whitlows ‘Volley’ Volant. That’s a 100% fact.

Those who follow the markets will recall an RNS, several weeks ago, from Management Resources (Lon: MRS). In that RNS it was announced that a Mr Leon Hogan, another well known Pump & Dumper, had been in receipt of payments made by MRS. Mr Hogan has since ‘left the building‘, (Social Media) deleting his twitter and BB chat accounts. Mr Hogan vehemently denied such skulduggery until MRS was forced to ‘fess up’. Hogan was and probably still is working with Mr Whitlow & Mr Burton on the Chesterfield Resources P&D.

Of course this will be denied by the two varmints. Hogan was heavily involved with their Chesterfield Ramps. In fact there are 100s upon 100s, if not 1,000s of tweets & retweets ramping CHF between them. These are paid for tweets. Paid for by Chesterfield Resources (LON: CHF) who have made payments to TMS, Mr Burton and Mr Whitlow.

The reason P&Ders go into meltdown is thus: If you Scream and scream as loud as you can, hopefully the mugs that follow and have been suckered into actually sucking up the horseshit, don’t ask awkward questions. It’s better to deflect away from piss poor paper ‘mining frauds‘ than actually address what it would cost to open a copper mine in Cyprus? Or where the £200,000,000 minimum is going to come from. Or better still why BHP Biliton or any other Major ‘Real’ mining company aren’t banging down the doors of the Greek Cypriot mining ministry? The ‘Cyprus copper riches beyond your wildest ‘screams” (Geddit?) with added ‘Gold bonanza’ inferences is a tall tale being used to sucker Mug Punters into a fantasy that would make an FCA regulated financial adviser crack up in fits of laughter.

Chesterfield announced that as of December last year they had £1.8M in cash & cash equivalents. Apart from the fact that this is a pitiful amount of cash as of 5 months ago, that cash will have significantly been eroded as of today. Their cash burn is thus: Year end 2017 they had £1,184,424. They then raised £2,000,000 via suspension and new prospectus, as of five months ago they booked £1,885,726. In 2018 they spent £1,298,698. Extrapolating this on a six monthly basis they are spunking away £650,000 per half year. Their cash position as of today is either just over or just under £1,000,000. They simply do not have the cash to progress any mining. Mining by it’s very nature is Capital Intensive, costing 10s of millions of pounds at the ‘paper stage’. Actual physical mining costs £100s of millions of pounds. That’s a fact.

In my last ‘Rip’ of this corporate boiler room, I asked the Company to clarify their cash position. Today I’m asking Chesterfield Resources, David Burton and Michael Whitlow to fess up and answer these questions.

1/ How much money has Chesterfield Resources paid to Total Market Shite? 2/ How much money from CHF, has TMS paid Volant Services? 3/ How much money has TMS paid directly to Mr Whitlow? 4/ How much money has Chesterfield Resources paid to Volant Services? 5/ Has Chesterfield paid directly or in directly through TMS, Mr Whitlows expenses to jaunt off to Cyprus? 6/ Where has the £94,000 came from in Volant Services? 7/ What is the financial arrangement between Volant, Chesterfield and TMS? 8/ How much in total has Mr Burton/TMS paid to Volant Services? 9/ Why has there been no acknowledgement of (secret) payments to a well known Pump & Dumper? 10/ Are Chesterfield aware of the rules & regulations regarding disclosure of paid promotions on social media? If so, will Chesterfield now disclose those payments?

The Runcorn Troll, has been peppering social media with lies, deceits, abuse and downright ridiculous claims, not just on CHF, but many, many other companies. Secret payments have been made. Mr Whitlow now has an opportunity to ‘fess up’. Before the FCA regulators force Chesterfield & TMS to fully disclose. He can do this by releasing the Volant bank statements which will contain the source/s of £94,000 in payments he has taken directly & in-directly in cash & warrant packages from companies, while deliberately hiding the source/s of those funds/warrants. Full Disclosure!

The lies being spun by the ‘copper cowboy’ remind me of another one of his ‘famous’ mining P&Ds. Come on down Sunrise Resources. Let me just add this. The sun never rose on Sunrise Resources…. Or indeed, Keras Resources, Regency mines, Jangada or Red Rock Resources ad infinitum….. There’s a pattern there if you care to look, or basically every single Company that these P&Ders ramp. The louder they scream the more they are deflecting their own fears into their own echo chambers. It’s called reflecting. The more abusive they get the more fear they carry.

Cyprus isn’t a copper nirvana, neither is it a gold rush town. There are hundreds of toxic played out mines there. That’s it. End of. But as all Pump & Dumps proceed, you can be sure that the talking up (Ramping) of piss poor £8k licences will start to include the word ‘Gold’. The cash position of CHF is critical and they have to get their SP up so that they can raise money from the Mugs. If their SP is too low they will suspend and submit yet another prospectus to relist. They did that within months of IPO and they will have to do that again. It’s a question of time. That’s a fact. There will be placings upon placings speckled with vulture financing over the life span of Chesterfield, eventually the board will ‘move on’ and another outfit will move in. That’s how CHF will run. It’s the modus operandi of all P&D lifestyle companies on the AIM and on the Standard Market.

The Company are telling the mugs that they don’t need money. Yet CHF are at the 121 mining forum in South Africa. That’s an event where the company pay £12,000 to ‘Pitch’ for cash. This company is up to its neck in deliberate manipulation of its share-price in-order to get away a placing at a higher level. Paying a ‘mentally deranged idiot’, who self-promotes himself as a ‘Gunslinger’ and a well known failed corporate (Mr Burton) who was booted out of Redmayne Bentley (Brokerage), booted out of Vox Markets and has the honour of holding the shortest Directorship (Harvest Minerals) in the history of the London Stock Market when he was again ‘booted‘ off the board! (More of which in my next expose).

If there were 16,000,000 tonnes of recoverable copper in two plays on Cyprus then every major mining outfit would’ve rocked up there many years ago. That’s a fact. Check it out. It’s easy…. Or just keep taking the word of Total Market Shite and his trusty ‘turdslinger’…

All of the above needs to be answered particularly where the money in Volant Services LTD has come from? Because it’s not all come from Chesterfield Resources…… Has it Mr Whitlow? It’s time to confess all and release the full Volant Services Accounts, receipts, bank statements, individual payments and all itemised Ins & Outs…. Because you the mugs are paying this fookers Santander mortgage LOL!!!

Gauge the effect of ‘The Power Of Dan’ in direct proportion to the amount of filthy, vile, cowardly abuse screamed out on twitter & in DMs.

Viva

Dan

The post Exposed: Volant Services LTD, Total Market Shite & Chesterfield Resources. What’s the connection? Fess Up! appeared first on Guerilla Investing.

Andalas Energy & Power (LON: ADL). What’s going on within and out-side of the company? It would seem that there’s a very slow tick up of the SP underfoot. News has been reaching ‘Yours Truly’ that Andalas are the target company of at least one and possibly ‘others’ who are sniffing around to take full Board control of the Company. I won’t go into each individual group as they may or may not be in direct talks with ADL. What I will do is disclose my take on one of the groups who HAVE made an approach (I believe pre or during Colter drill) and are in contact with some of the Major Share-holders.

It could be about to hot up at Andalas Energy. Now the emphasis is on ‘could’. So I’d ask investors/traders to keep that word in mind. There’s reasons for that. The chief one being the corporate world of ‘wheels & deals’ doesn’t run to the time-line of you/me, it can get and does get snagged up in back-room compliance/negotiation. That is to say nothing is certain until it’s what’s known in corporate speak as ‘Inked‘. (Signed sealed & delivered).

What I do know from my research is that a group have approached the ADL Board, seeking a corporate takeover via the introduction of $10M of assets/cash. It’s known as a ‘Plug & Play’ package, if that deal happened then ADL would have rocketed upwards, probably over 1p. For whatever reason/s those talks petered out but I can now exclusively reveal that those talks have been reignited with ADL Major Shareholders. Whispers are again surfacing that Major shareholders are now aware and have been approached for the 1st time by well-known successful corporates with a proven track record not only with the drill bit but with increasing SP value for their share-holders.

Major shareholders were not informed by the Board of ADL on the first approach. I have an ‘idea’ of the names of those corporates having had many cagey conversations with various market sources. The asset/s from one of the groups are rumoured to be Cuban/Mexican. I can’t confirm that but what I can confirm is that predatory moves are almost certainly going on in the back-ground. At what stage they are and if they’ll ever come to fruition is as I said further up in this piece subject to ‘back-room compliance/negotiation’. Nothing is certain until it’s ‘Inked‘ .

‘Plug & Play‘ as some will recall is what was used on a company called IRG which had a meteoric rise when the new board and initial investment/assets was announced. For a ‘plug and play’ to work any investment group have to find a relatively low value m/cap company £1-4M, to offer the financiers potential multiple returns on initial investment just as IRG did. ADL has a current m/cap of £1.5M , the listing on the exchange itself is worth £600/800K. Cash at hand is circa £500K. Ergo it doesn’t take much to realise why ADL are being targeted, either officially or unofficially. But ‘Target’ they are. Companies at shell value can, on a slither of good news spike, secondly there’s always predatory action in the back-ground that can also re-rate the shell. Hence why I took a ‘slug‘ of shares. Even on no news ADL will slowly tick up.

So, bearing in mind how convoluted and difficult it is to predict with any degree of certainty the outcome of back channel discussions, I think it’s well worth a small punt.

As I see it the main sticking point to any deal getting Inked is the current Board who like all corporates don’t want to get off the gravy train unless their nest is feathered with downy £50 notes. I’ve tried to contact the CEO Simon Gorringe many, many times, he has thus failed/refused to make contact. Contact I might add with one of his small Major share-holders. That tells me that Simon is the sticking point to any deal. If you’re reading this Mr Gorringe, then do the right thing for share-holders. Get in-touch with the Cuban/Mexican Plug & Play group and take the deal!

Worth a small punt!

Viva!

Dan

The post Andalas Energy & Power. Take The Deal Mr Gorringe! appeared first on Guerilla Investing.

There’s a lot of news expected to drop, from Union Jack Oil (LON: UJO), over the next few weeks. All eyes and ears are zeroing in on the West Newton drill (16.665%) gas (PEDL183). Which I can confirm has now been classed as a ‘tight hole’. A tight drill is basically an order to keep news on the drills progress confidential. Least they disclose some thing to the market accidentally.

Make no mistake this isn’t an exploration well. It’s probably going to come in on the gas side and most market watchers expect gas to be hit and announced within the next 7-14 days. When that happens then it’s a question of how big is it?

What I do know for sure is that a big gas discovery will not remain in the hands of the partners/operator it’ll probably be bought by one of the Major players such as Centrica or Perenco who respectively operate the major UK gas terminals located at Easington, Dimlington. I know that because I have been told that by several ‘Real’ market analyst’s. Of course there’s also the question of the The Cadeby Reef/Slope Deposit and oil/gas further down in structure/s with a geological Chance of Success of 26%. However if the gas comes in then the Chance Of Success (COS) on oil/gas within Cadeby/Slope will increase. *(Best Estimate of 43.7 MMboe of Prospective Resource Source)

How high can the share-price (SP) rise? Well if I knew that then I’d be clairvoyant. The truth is that no one knows. But I’d expect, at the very least, a doubling from where it currently sits. Could actually rise several hundred percent depending on the news. However even though I personally think it’s nailed on that a gas discovery will be announced, there’s always risk involved. Recall the Biscathorpe wailing and gnashing of the teeth when blame for a poor result and several million years of geology resulted in disgusting abuse of one of their major share-holders. ‘Caveat Emptor’

Some thing could go disastrously wrong. This is why you’ll never get an O&G CEO coming out stating 100% confidence in success. So bear that in mind. There’s always risk.

Furthermore I believe that the operator, Raithlin, are actually drilling ahead of schedule, so expect news earlier than the 40 day marker. It’s a Company maker for UJO.

Viva!

Dan

Nota Bene: The Author does not hold any shares in Union Jack Oil.

The post Union Jack Oil. West Newton Gas Is It coming in? appeared first on Guerilla Investing.

It stinks and it stinks to high heaven. Nostra Terra Oil & Gas (LON: NTOG) released a holdings RNS (TR1) yesterday from Eridge Capital. Mug punters will know that Eridge is what’s left of the New World Oil & Gas fiasco that went down in flames via massive stock market manipulation. Once again, the ramping and manipulation has well and truly started at Nostra. Lofgran is over-seeing a massive fraud and is involved. He’s up to his ‘Mormon’ neck in it! And we all know who the P&D crew behind it are.

Yesterday Nostra released a TR1 stating that Eridge Capital held 4.43%. That TR1 was a blatant lie. In actual fact Eridge’s holding was 3.34% (6,523,000). Today we get another NTOG Eridge TR1 stating that their holding has gone up from 4.43% to 4.98% (9,731,333). Again that is a lie. The RNS from yesterday was bogus ergo today’s TR1 is bogus. the Eridge Holding has not gone up from 4.43%. The numbers do not add up. Yesterdays TR1 contained material inaccuracies as to the true size of Eridges holding. Todays TR1 also contains material inaccuracies as to their present position.

As you all know I’ve exposed this company more times than I can remember. But now questions need to be answered by their Shorting CEO Lofgran and their Nomad Strand Hanson.

1/ Who wrote and lodged yesterdays Eridge TR1?

2/ Who wrote and lodged today’s Eridge TR1?

3/ Is the person connected, in any way shape or form, to Nostra?

4/ Has this person received cash payments past, present or future from NTOG

5/ Why did their Nomad sign off both TR1s containing material inaccuracies? 

The stock market rules on TR1s are crystal clear. You only disclose an increase or decrease in your holding when you go through each percentile point. That is to say 3% to 4% to 5% etc. You do not release a TR1 in the bits in-between. It’s designed to specifically stop market abuse (Bogus TR1s are an attempt at stock market manipulation). Now I’ve spoken to Strand Hanson (Nomad) today. So I expect that some where along the line they will get back to me or YOU with clarification of ALL of the above.

Barge-Pole Nostra, it’s a calamity waiting to get thrown off the AIM.

The post Nostra Terra Oil & Gas. Fraudulent TR1’s (Holding RNS’s) Gotcha! Again! appeared first on Guerilla Investing.