Recent content by Pallen

http://au.news.yahoo.com/thewest/business/a/-/wa/7431030/burus-faith-in-canning-basin-proves-catchy/ NSE today also announced the acquisition of further land holdings in the Canning Basin. Unbelievable value, considering they are currently seeking JV partners through Euroz, this coming...

As has been mentioned previously, NSE owns 10% of Buru Energy which today announced a farm in agreement with Mitsubishi, that's right the Japanese giant, to the tune of a maximum of $152 000 000, not bad for a tiddler, to explore what the two parties believe could be the next super Basin, the...

Wouldnt worry about the director selling, these blokes have lives too, maybe he bought a house, boat, car whatever. Things just got real, Brockman have signed MOU for an offtake agreement with Sino Steel to the tune of 6 Billion dollars, I think we are looking at a floor of $4.50 come the end...

Looking at the prospectus the shares on issue actually total 160 200 000 giving the company an implied market capitalisation of ~ $34 000 000. CEO has 120 000 000 shares in her pocket.

Joe, where did you find the shares on issue? I might be looking at the figures incorrectly but isnt it closer to 120 000 000 on issue?

What's everyones opinions of IAG future given the hype surrounding the potential QBE takerover is all but gone? Any roadblocks for future growth? Personally I think the biggest threat to IAG is the banks, Commonwealth has a good model in S.A has a dominant market share and will expand its...

NSE starting to rev up it's PR campaign, started with the article in the Austrlian. Sam Willis outlining his shale gas strategy to a wider audience with an article on the Bull.com.au. http://thebull.com.au/articles_detail.php?id=10273

Why cant this get up? Seems like there is a heavy seller? Are PRU cashing in to raise more funds for Ghana, just seems odd that an announcement like todays didnt do mor for the SP?

Starting to get some media attention, more focus on the shale gas market on a whole. Whilst alot of focus on this board, and others, has been on the Wilcox drilling program NSE has massive exposure to the Goldwyer Shale gas play through it's own permits, and those associated with it's 10...

Re: MTS - Metcash Isnt that what we're all here for, capital growth? I too like the business model, but the reasons I have posted above I feel the market is no too impressed, perhaps when the Franklins case is adjourned I'll take another peak.

Re: MTS - Metcash Hi so cynical, as you say MTS looks very good but IMO some deeper reading and thinking is needed. It appears to be a very strong, growing stock. So ask yourself why is the SP & MC not much, much higher. Yields good, full franked too, why has the SP moved sideways. I...

Finished on an all time high, buyers and sellers at a 6:1 ratio, Wilcox spudding imminent, still got a way to go. :)

New Standard classes itself as an aggressive oil and gas developer. Currently it has 141.5 million shares on issue giving it a market cap at todays close of $20517500. (SP14.5 cps) NSE owns 18 million BRU shares which equates to $5040000, now in conjuction with that NSE also has cash on...

NSE thanks.

Adobee, follow the link. Hope it helps. It's effect is similar to the Speculator, nice report, even nicer SP rise. http://www.portphillippublishing.com.au/asi/