You understand it at least!

They wait patiently until EEGC has finished their businessplan, and than they will release the ERA!
So, not so bad this "news".....

It's just the beginning!

I would not say that so convincing!

That's wise!
Until then anyone can speculate delicious.

I understand what you mean: it's all a lot of speculation and half-truths on this board!
Let's focus on the fact that a new start is made and "let bygones be bygones".

SW told you they are selling their shares??

So SW remains involved in this whole business, I see that as positive!

With a good business-plan and money, if possible, from i.a. SW,they will convince the MRT to give back the licence!
I guess drilling is possible next (Tasmanian) summer!

If this is true: good work!
It is legitimate they will get the license back.

Perhaps that's the surprise !!

Let's wait for the official announcement!
Perhaps a big surprise! ??

I bet both....

FYI:



Gerry Murrell


Casual Finance and Administration at Ardilaun Energy




Tasmania Area, AustraliaOil & Energy

Current
Ardilaun Energy,
Hobart Music Centre,
Southern Mobile DJs


Previous
Aurora Energy,
Great South Land Minerals Ltd,
Kemp and Denning Warehouse Mitre 10


Education
TAFE Tasmania

The most important thing is, he's speaking behind the scenes!
That's the place where you can get things done!
MB is here at the place he belongs: oil business!

Malcolm is one of the speakers on the Oil and Gas Conference in Melbourne, 17-20 may.
http://www.appeaconference.com.au/conference/speakers/

Silene before the storm???

Good wine takes time!

For some people it isn't sad at all, for the rest: good, positive times are coming!

READ CAREFULLY:

EEGC/Smartwin settlement comment from Paul Batista

To all who are concerned about the Smartwin/EEGC settlement:

Paul Batista

May 4 at 10:25 PM

I can authorize you to post if you wish that Justice Oing, a gifted and highly intelligent judge, has placed on the definitive public docket that the case is settled. I can also authorize you to say that the highly confidential settlement documents required signatures on three continents. Every party with any genuine interest has now signed the confidential documents. The press release to which Smart Win explicitly agreed, as Paul Batista mentioned last month, will soon be the only part of the confidential settlement agreement that will be publicly released. It will refer to the settlement’s “empowerment” of Empire.

Good wine take some time....

And where's the announcement from your SW?

Case or motion (008)?

You mean, this whole court case is over??

Can someone decode this paper:
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=Dbgk3FBkqNoWyQZCL3YS9A==&system=prod

The "witness list" is impressive!

Collapse??????

Yes, of course!
He's going to buy a lot of EEGC shares!!

I hope it's not a Chinese person on that picture!!

Not much to lose, but NOTHING to win!

If you mean the end of SW, you're right!

It's just the beginning!!

The biggest mistake they've made is starting this trial!
Everyone can see now where it went wrong for EEGC....

I rather think it's SW that's wasting everone's time!
They cause this delay for years.
But after the Judge has spoken in april....EEGC can make a brand new start!!

Why, oh why are so many people still interested in EEGC after all those years????

He's not so foolish as you think!
And why are you so affraid Paul's bills won't be paid??
His bills are always being paid!

TXO's potential




By StockMarketWire | Mon, 2nd February 2015 - 08:05


TXO notes the recent press article in the Bahamas with respect to funds of up to $10m being allocated by the Bahamian Government to clean up an oil spill at a location known as Clifton Pier.

The article refers to the Grand Bahama Group (GBG) subsidiary, Morgan Oil Marine (MOM) as Morgan Oil. GBG is one of TXO's four main investments.

MOM has confirmed that it is working with the Bahamian Government on a programme to remediate an oil spill at Clifton Pier.

It has made no further comment regarding the potential contract of works at this stage. The opportunity was referred to in the Company's Trading Update dated 21 January 2015 and further announcements will be made as appropriate.

TXO regards this development as very encouraging for GBG and it complements the relationships GBG has already established in the Bahamas with other companies.

These include an international oil group, a worldwide shipping company and a major commodity trading house

TXO PLC
("TXO" or the "Company")



Board Comment re Share Price Movement



The Board is aware of an erroneous corporate action letter sent to clients of TD Direct Investing (Europe) Limited ("TDI") stating that the Company would be cancelled from trading on AIM with effect from 23 February 2015. TDI have been made aware of this error and are in the process of advising their clients.

TXO has not announced plans to delist. The Company is looking to appoint a new Nomad and broker and expects to be in a position to make an announcement shortly.

The Company is also well underway with the production of its annual accounts which are expected to be published at the end of March. The recently announced corporate actions, including the £100,000 of cash received from related parties, is sufficient to meet the Company's working capital needs.

The Company is aware of the source of the incorrect information disseminated by TDI and is taking advice on the legal and regulatory steps it should take in regards to this individual.

As per TXO's announcement of 22 January 2015 it will be suspended from trading on 23 February 2015 if it has not appointed a replacement nominated adviser by that point. If a replacement nominated adviser has not been appointed within one month of that suspension, the admission of the Company's securities to AIM will be cancelled.



29th January 2015

For further information, please contact:



TXO PLC
Tim Baldwin, Chairman +44 (0) 207 518 4300



Northland Capital Partners Limited +44 (0) 207 382 1100
John Howes / Alice Lane

Sales and Broking



Edward Hutton / William Vandyk

Nominated Adviser



Lothbury Financial Services Limited
Michael Padley / Chris Roberts +44 (0) 203 440 7620

A lot of contrarian investors have a beautiful life!
So watch how EEGC will prevail.

It's not so important as you believe it is.
Much and much more important is the fact that SW breaches contract by not paying the full 5M, what harmed EEGC enormously!
And that's what the Judge said, and not the "EEGC people".