UK 22:42 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I urge you to follow the Quindell (QPP) lunatic Steamy, aka Marc Rowlands and sign a petition to Parliament if only to discredit the whole process. As an aside you now know the 322 stupidest people investing in AIM. I have a challenge for the lying toe-rag Paul McManus who does PR for FRAUD Eden Research (EDEN). I discuss Horse Hill stocks, Servision (SEV), Iofina (IOF) and Greka Drilling (GDL)
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Bearfacts
I must lead an interesting life, while reading an RNS from Providence resources and their Irish assets, I note its comments regarding Marginal Field Developement Company Ltd (MFDevco) and upon some limited research I find Nu Oil & Gas have been a bit naughty in not informing the market of a JV company name change.
Formally known as Abt Oil & Gas ‘MfDevco’ have amended their own website and doesnt even mention Nu Oil & Gas and on Nu’s website it’s been updated, surely a name change of a material business is due a RNS confirming.
I also note the JV partner owned by the Minty’s continues to file late AR’s and had a recent strike off removed.
This company RmRi Ltd not only has a going concern issue but the slugs have taken dividends over at least the last 2 years to the tune of £350k+..
All the best……
CPPH
Bearcast gold! “grot mag” – not heard that for years! Brilliant
Drunken Sailor
Has Sean Smith called you up to arrange that meeting yet?
Drunken Sailor
I can’t remember if you spotted that the SH01 associated with the panama pump said “no shares allotted other than for cash” at least they were being honest about that then!
The options exercise announced on 21 Jan said 530,000 shares issued and did not give an exercise price. However the SH01 says 180,000 shares issued at 12.8p.
Drunken Sailor
Correction to my last they filed SH01s for the Aug issue at the same time and CH published them out of order. There are 2 SH01s for the options and the figures do add up. 350,000 were issued for 13p – total proceeds £68,450 so money in the kitty to support the PR ramp to get the next placing away.
Drunken Sailor
It looks like Shore Cap are holding their nose as the ramp ahead of the placing continues.
I take it still no call from Sean Smith.