http://www.hemscott.com/companies/company-news-item.do?companyId=4646&newsId=80408232190505

go to the bottom of todays rns circle is buy the 8 companies that ngp have a holding in for 2p that is nothing too do with ngp recent acquisition they are both seperate.starting point sp should be circa 3p upwards .

the acquisition. http://solocheck.net/FreeIrishCompanyReport?companyNumber=464292&companyName=VERUM+WAY+LIMITED

verum way own . http://www.propertyweek.com/story.asp?storycode=3133609

NGP is on the up with large volume
Had a midday retracement nd now moving higher again

Has so much potential as longer term investment
indicators positive as they are on the up from oversold

A new non executive Chairman was appointed recently. He was responsible for raising substantial funds for what was Peter Hambro Mining, Imperial Energy Plc, which was sold for a huge profit and Eurasia Natural Resources, including UK and Canadian Oil & Gas companies.

He has access to huge distribution which I believe will be very beneficial to Niche as it progresses.

08 February 2011 -- Appointment of Chairman

Niche (NGP.L), the AIM listed investment company) with interests in onshore gas exploration and development activities in Turkey, is pleased to announce the appointment of Mr Nigel Little as Non Executive Chairman with immediate effect.

Nigel Little has a distinguished career as an investment banker spanning more than thirty-five years. Until 2009 Nigel was Vice-Chairman of Canaccord Capital Corporation as well as Executive President of the investment bank's UK and European operations - a position which he held for seven years. As a leading investment banker with expertise in the natural resources sector, Nigel has significant experience in the oil and gas equities markets having been involved with capital raises for a large number of UK and international oil and gas companies.

In his earlier career Nigel was, for a decade until 1988, Head of Equity Sales and a Partner of Hsbc James Capel prior to joining Morgan Stanley International as Head of Pan-European Equity Distribution and Trading. In 1990 he joined Nations Bank Panmure as Head of Sales and Trading, where he remained for nine years before joining Nomura International as Head of Downstream Investment Banking.

Nigel Little replaces Christopher Stainforth who will step down from the board with immediate effect. The board would like to thank Christopher for his contribution during the recent transition of Niche into an oil and gas focused investment company.

6.625p +0.60p

now breaking this morning high
as money am charts is not up to date I am using onother one to see it properly

A mention in today's Times Market Report by Gary Parkinson

: Niche Group, an AIM vehicle of John McKeon, jumped by 13.7 percent to 6.75p. The rumour was that Niche had struck oil in Turkey and that drilling results were imminent.

Another very strong day with some very good size trades, once the market was open, yes 12.15pm

7.575p +0.525p

Ready for the BREAKOUT

From the Irish Independent - Sunday February 27 2011

The ball of energy who got Libya to back him

Is this the man behind the next Tullow Oil, the next Kenmare? He certainly thinks so.

And striking gold is on his to-do list as well, says Roisin Burke


JOHN McKeon is not a hide-your-light-under-a-bushel kinda guy.

The oil and gas exploration dealmaker is touting big things on no less than three venture fronts.

The Circle Oil co-founder has seen five launches on London's Alternative Investment Market (AIM) in recent years.

He expects at least two of the latest ones to become FTSE stars.

A "big announcement, big oil and gas discovery news soon," McKeon said of one project.

He's referring to Niche Group -- a major gas discovery in Turkey last summer has been followed by a promising find late last month, and possibly more to follow.

Niche is an AIM-listed former 'shell' company McKeon helped raise 5.68m for and in which he has a 26.7 per cent stake.

It was worth 400,000 and is now valued at 33m. Well-known aviation sector figure Donal Boylan is executive director.

"Many are looking at Iraq and other countries, but Turkey's prospects for oil and gas are probably some of the best in the western part of the world," said McKeon.

Niche is involved through its 13m investment in Oman Resources, an Irish domiciled company that McKeon part-owns.

It holds an exploration licence on a 49,821-hectare block estimated to contain 80 billion cubic feet of recoverable gas in the Tuz Golu basin, south central Turkey.

Investors hope for another Circle Oil. When McKeon's appointment was announced last April, Niche's share price shot up 145 per cent.

He exited Circle Oil in 2008, just after helping persuade a Libyan government fund to invest 23m in the company.

What happens with that now in the midst of the current turmoil in that country is another story -- McKeon won't speculate.

Of the Turkish prospects, he said: "Everyone is scared stiff of the Russians at the moment because they control gas supplies into Northern Europe.

Turkey is going to build a pipeline into southern Europe, which takes away the geopolitical power of the Russians over Europe.

"At the moment 54 per cent of the gas in Turkey is supplied by Russians, 90 per cent of the gas in Turkey comes in externally.

What we are sitting on, we could potentially double the national reserves of Turkey. So it's pretty serious stuff, you know?

"That's how Ireland's going to make money again," he continued, "through people like [Tullow Oil boss] Aidan Heavey, people like the guys at Kenmare, and hopefully I'll do it as well.

People don't realise that Tullow was a farm machinery company in Carlow and Heavey turned it into an oil company."

Tullow Oil took over 20 years to get there though, and McKeon wants to move much faster.

"We're looking at building up a company very, very quickly. We're on a fast track. Circle went from nothing in six years to over 200m."

In Mozambique, McKeon's latest outfit, Pathfinder Minerals, is at work. Valued at 79m, it's licensed to mine for titanium minerals -- valuable resources used in the making of paint, paper, plastic and pharmaceuticals.

This region is also where 1bn-valued explorer Kenmare Resources is active.

This month Pathfinder re-listed on the AIM and shares jumped 16.3 per cent to stg8p following its reverse takeover of IM Minerals. McKeon is chairman and owns a large stake.

"Pathfinder could be another Kenmare.

We're two or three years behind them, we'll be in production in three years," he forecast.

McKeon is also shopping for goldmines in Kyrgyzstan on behalf of a former football players' agency called Premier Management.

This AIM minnow sold its football business, moving, as McKeon put it "from goal posts to gold posts." Its share price quadrupled on the news of his being on board in October.

"We're in the process of acquiring a few goldmines out there. They've just h

8.15p (8.10 / 8.20p ++0.60p

signs of bouncing back after the large marked up at the start and then retracement after a large buy

Great share.

bought in this morning... nice story developing here (imho),,,,worth a punt!

might buy some at these levels