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MADAGASCAR OIL (MOIL)
aldwickk
- 29 Nov 2010 08:13
Madagascar Oil in 50.5m AIM float http://www.madagascaroil.com/
StockMarketWire.com
Madagascar Oil Limited, an oil and gas exploration and development company with resources onshore Madagascar, began trading on the AIM market today (November 29).
The company raised 50.5m before expenses through a placing at 95p a share, representing 27.65% of the share capital.
Its market capitalisation following admission was about 182.7m.
Chairman and CEO Laurie Hunter said the placing and admission would help support the company's goals of proving commerciality of the Tsimiroro field area, expanding and upgrading its resource base and further developing drillable prospects on its exploration blocks.
Madagascar shares were trading at 94.5p.
mitzy - 04 Jul 2011 08:35 - 34 of 44
Time to buy I think.
aldwickk
- 04 Jul 2011 08:41
- 35 of 44
You could be right , i bought to soon at 41p
cynic
- 04 Jul 2011 09:24
- 36 of 44
volume is pathetic and why would you want to buy this anyway? .... i'ld expect the market to be totally unforgiving after their disgraceful con when floated
aldwickk
- 04 Jul 2011 12:04
- 37 of 44
cynic, this is TFC 's last post to you.
,,,lol ...you really have a keen and sharp sense of humour for an englishman Cynners,,,,,,Tis appreciated . Makes me laugh anyway //............The govt of madagascar dont know what they are taking on in French giant Total who have the full weight of international law behind them and are,in effect financing the MOIL prog.which incidentally is NOT a exploration play -lts an appraisal situ with billions of bbls.- both very heavy and sweet light known to be sloshing around in them thar hills ....../ .....Methinks Chinks have made a better offer..
,,,lol ...you really have a keen and sharp sense of humour for an englishman Cynners,,,,,,Tis appreciated . Makes me laugh anyway //............The govt of madagascar dont know what they are taking on in French giant Total who have the full weight of international law behind them and are,in effect financing the MOIL prog.which incidentally is NOT a exploration play -lts an appraisal situ with billions of bbls.- both very heavy and sweet light known to be sloshing around in them thar hills ....../ .....Methinks Chinks have made a better offer..
cynic
- 04 Jul 2011 13:37
- 38 of 44
TFC has disappeared for some reason, but my comment remains .... i can't imagine i'ld want to touch this one
Evermore
- 11 Jul 2011 10:52
- 39 of 44
Where is TFC, he made some useful comments and I quite liked his "humour grincant".
aldwickk
- 11 Jul 2011 11:51
- 40 of 44
I think his now a tax exile
aldwickk
- 22 Jul 2011 11:40
- 41 of 44
Afren Increase's it's stake in Madagascar - to 90%
aldwickk
- 10 Aug 2011 09:39
- 42 of 44
9 August, 2011
MADAGASCAR OIL LIMITED
("Madagascar Oil" or the "Company")
Notification of Major Interest in Shares
Madagascar Oil has today received notification from MSD Capital L.P. that following the acquisition of 3,675,000 ordinary shares in the Company, it now has a holding of 18,789,000 shares in the Company, representing 9.77% of the Company's share capital.
Contact Information:
Madagascar Oil Limited +1 (713) 357-4820
Rene O'Neil
Strand Hanson Limited +44 (0)20 7409 3494
Angela Peace
David Altberg
Pelham Bell Pottinger +44 (0)20 7861 3232
Mark Antelme
MADAGASCAR OIL LIMITED
("Madagascar Oil" or the "Company")
Notification of Major Interest in Shares
Madagascar Oil has today received notification from MSD Capital L.P. that following the acquisition of 3,675,000 ordinary shares in the Company, it now has a holding of 18,789,000 shares in the Company, representing 9.77% of the Company's share capital.
Contact Information:
Madagascar Oil Limited +1 (713) 357-4820
Rene O'Neil
Strand Hanson Limited +44 (0)20 7409 3494
Angela Peace
David Altberg
Pelham Bell Pottinger +44 (0)20 7861 3232
Mark Antelme
Proselenes - 19 Dec 2012 11:48 - 43 of 44
http://www.investegate.co.uk/madagascar-oil-ltd-(moil)/rns/proposed-financing-transaction/201212181817508551T/
Not a good deal in my view.
11% per annum interest and these are not placing shares as such, they are CPS (Convertible Preference Shares). Which means they do not have to be converted, they are like a bond if the share price falls you just get your interest and then demand your money back (from admin if necessary).
If the share price goes up you convert and sell.
So its pretty much "risk free" for the financiers given they are CPS.
If this project was so good then really someone would have farmed in I think, or finances would be easy to get and not expensive like this.
The project looks very high risk to me, given nobody knows yet if it can be commercial. Not surprised to see the share price fall.
Not a good deal in my view.
11% per annum interest and these are not placing shares as such, they are CPS (Convertible Preference Shares). Which means they do not have to be converted, they are like a bond if the share price falls you just get your interest and then demand your money back (from admin if necessary).
If the share price goes up you convert and sell.
So its pretty much "risk free" for the financiers given they are CPS.
If this project was so good then really someone would have farmed in I think, or finances would be easy to get and not expensive like this.
The project looks very high risk to me, given nobody knows yet if it can be commercial. Not surprised to see the share price fall.
Bullshare
- 02 Apr 2015 16:36
- 44 of 44
Shares Investor Evenings showcase up to four presentations from leading companies bringing them together in one room for one evening only.
Directors present their latest plans regarding development and growthAn opportunity to talk directly to the companies and personally put forward your questionsThe chance to network with other attendees over drinks and canapés - private investors, wealth managers, private client brokers, fund managers and financial institutionsThe evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.
Date:Wednesday 15th April 2015
Venue:Novotel Tower Bridge, London EC3N, 10 Pepys Street, London, EC3N 2NR
Event Timings:| 18.00 | Registration and coffee | |
| 18.30 | Presentations • Stephen Larkin, CEO - Africa New Energies • Robert Estill, CEO - Madagascar Oil (MOIL) + More to be announced | |
| 20.30 | Drinks reception and canapés | |
| 21.30 | Close |
Attendance is free, but spaces are limited. Register now to secure your place!
Africa New Energies
 | Africa New Energies Limited (ANE) was founded by two South Africans Stephen Larkin and Brendon Raw in 2008. ANE was incorporated in 2012, where its sole asset is its wholly owned subsidiary, Alumni Exploration East Namibia, which in turn owns 90% of Blocks 2219 and 2319 in Namibia with the Namibian State Owned Oil Company, Namcor owning the remaining 10%. |
Madagascar Oil (MOIL)
 | Madagascar Oil is an AIM listed company focused on the development of heavy oil and conventional oil & gas deposits in five onshore blocks in Madagascar. The Company has significant exploration and development rights for oil and gas in Madagascar, and in the last five years the Group's two principal fields, Tsimiroro and Bemolanga, have been shown to have multi-billion barrel resource volumes in place. Recent field tests and studies suggest that a large portion of the Company's Tsimiroro heavy oil assets have excellent potential for economic development. |
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