chops_a_must
Printing My Own Money
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It is the Puffin upgrade. See post #27. Strange, at the time, the SP went down after that announcement.kennas said:
AED - AED Oil
- Thread starter lewstherin
- Start date
"Any other companies likely to share in the spoils from a Puffin upgrade?"
Yes
NWE has an overriding royalty of 1.25% of the production. This has been estimated to be worth some $33m + to NWE. Go to NWE announcements. Market cap of NWE is approx $20m only, plus they already have $6-7m in cash, plus other prospects and income. Worth a look.
Yes
NWE has an overriding royalty of 1.25% of the production. This has been estimated to be worth some $33m + to NWE. Go to NWE announcements. Market cap of NWE is approx $20m only, plus they already have $6-7m in cash, plus other prospects and income. Worth a look.
Sean K
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It has a market cap of $20m and they are making $33m a year from royalties?catihouse said:
$33m total in royalties on reserves disclosed so far by AED.
Royalties spread over about 5 years, with about 85% due in next 3 years.
Also get royalties from another project of approx $1m pa, plus good prospects in UK gas play (Bounder), if NWE get their act together. Announcements due soon on this.
Current share price is approx 50% of nta.
Royalties spread over about 5 years, with about 85% due in next 3 years.
Also get royalties from another project of approx $1m pa, plus good prospects in UK gas play (Bounder), if NWE get their act together. Announcements due soon on this.
Current share price is approx 50% of nta.
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laurie said:speeding ticket issued
cheers laurie
Sorry guys, don't know too much about Coogee but whats the Link between AED and Coogee?
Also do people think that yesterdays price action was to do with Coogee IPO being pulled?
Can someone join the dots for me please
Sean K
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You would have to think so wouldn't you Ken. Might have to have a closer look.Ken said:
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YOUNG_TRADER said:Sorry guys, don't know too much about Coogee but whats the Link between AED and Coogee?
Also do people think that yesterdays price action was to do with Coogee IPO being pulled?
Can someone join the dots for me please
Still confused re Coogee and AED link, can someone fill me in, I just can't be bothered doing anymore research till Monday
Also what makes you guys think its Puffin Reserves?
I'd be a happy chappy cause I like NWE!
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YOUNG_TRADER said:
Running up again, nobody has explained the AED/COOGEE link yet,
Ken what sort of a price target have they set on AED?
And is it something to do with Coogee resources or Puffin Reserves as Chops a must reckons?
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Ok did the research myself, (Thanks guys really helpful!)
Turns out Coogee Resources permits are adjacent to AED,
Coogee Resources was gonna be a huge $600m+ Book build type float, they were listing with Assets of about $300m Cash and 40mmbls Oil
I'm pure speculating here but maybe they're running the ruler over AED and hence didn't bother with float as they could do an T/O to faciliate lisitng, probably wayy off, but its a thought
Turns out Coogee Resources permits are adjacent to AED,
Coogee Resources was gonna be a huge $600m+ Book build type float, they were listing with Assets of about $300m Cash and 40mmbls Oil
I'm pure speculating here but maybe they're running the ruler over AED and hence didn't bother with float as they could do an T/O to faciliate lisitng, probably wayy off, but its a thought
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Broke out to another all tiem high of $4.20, currently at $4.17
I really hope this is to do with Puffin because I don't have any AED, just NWE which gets Royalty from Puffin
I really hope this is to do with Puffin because I don't have any AED, just NWE which gets Royalty from Puffin
Sean K
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Yeah I've taken some NWE just in case. Cheers.YOUNG_TRADER said:
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It just keeps going up
It can't be to do with Puffin otherwise NWE would be rising too, which its not, it might be that Coogee Resources thing, takeover/merger something lik that
Thoughts?
It can't be to do with Puffin otherwise NWE would be rising too, which its not, it might be that Coogee Resources thing, takeover/merger something lik that
Thoughts?
It is because there have been reports floating around the investment companies such as UBS with target prices of $12-14 in 12 months time.
Not saying its going to get there.
But that is what landed on a friends desk who works for UBS.
I do not hold.
Not saying its going to get there.
But that is what landed on a friends desk who works for UBS.
I do not hold.
chops_a_must
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Go you good thing!
michael_selway
Coal & Phosphate, thats it!
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chops_a_must said:
Numbers look good
EPS(c) PE Growth
Year Ending 30-06-07 -7.2 -- --
Year Ending 30-06-08 268.6 1.6 --
Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS -4.2 -7.2 268.6 108.6
DPS 0.0 0.0 25.0 5.0
thx
MS
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I just realised AED has Approx 220m shares on issue fully diluted including 20c unlisted options etc
At the closing price of $4.58 AED had a Mkt Cap of $1Billion
Thats amazing AED has joined the Billion Dollar+ Club!
At the closing price of $4.58 AED had a Mkt Cap of $1Billion
Thats amazing AED has joined the Billion Dollar+ Club!
