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This will be big,(in 15 minutes you now DD )
http://www.investorshub.com/boards/board.asp?board_id=4088
Tricell is Pleased to Announce European Court of Justice Decision on Tax Refund
Thursday January 12, 4:27 pm ET
STAFFORDSHIRE, U.K., Jan. 12 /PRNewswire-FirstCall/ -- Tricell Inc. (OTC Pink Sheets: TCLL - News), today announces that the European Court of Justice ruled in favor of companies such as Tricell whose VAT refunds had been withheld by HM Revenue & Customs. This decision emanates from HM Revenue & Customs' prosecution of the Finance Bill of 2003 which made companies liable to the VAT debts of other firms who may have engaged in fraud. The ECJ ruled that a person who carries out an otherwise lawful transaction can not be affected by the fact that in the chain of supply of which that transaction forms part, another prior or subsequent transaction is compromised by value added tax fraud, without that person knowing or having any means of knowing of such fraud. HM Revenue & Customs' position was that this fraud, also referred to as "missing trader fraud," occurred when a business imported goods, in Tricell's case electronic commodities such as cellular telephones, then sold the goods to another business with VAT added to the sales price and the selling importer then did not pay the VAT withheld.
HM Revenue & Customs had withheld VAT refunds to importers who submitted proper refund requests, but who had the misfortune of buying or selling goods which some other business had not paid their separate independent VAT refund. Andre Salt, Tricell's CEO and Chairman of the Board, stated, "Tricell can now buy goods in the open market without fear of having VAT refunds withheld by Customs.
Andre Salt added, "We are very relieved and pleased with the ruling of the ECJ, Tricell will now pursue damages for lost profits, attorneys' fees expended, and other damages."
Tricell Inc. was established in 1999 as a distributor of mobile phones and related accessories to the wholesale markets in the UK, Europe, Middle East and Asia. For more information, please visit our website at www.tricellinc.com , or the SEC's Edgar filing system at www.sec.gov .
http://biz.yahoo.com/prnews/060112/dath038.html?.v=30
Vestor_2000, I'm long on FXEN, you can find all the info on there website and thoughts from other longs on the yahoo board.
I can't see the short position on daily basis.
I know nothing just as the other 100% on all the boards.
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7082125&tid=fxen&sid=708...
http://www.fxenergy.com/
Poland Gas....FXEN, US company....
Drill bitt news in less than 2 weeks.
-------------
WSJ this morning
Across Europe, officials were calling for steps to reduce dependence on Russian fuel. Poland, whose energy dependency on Russia is a legacy of its former status as a satellite of Moscow, launched an urgent search for new suppliers of natural gas. "I've instructed the economy minister to urgently prepare investment decisions allowing us to diversify gas supplies," Prime Minister Kazimierz Marcinkiewicz said.
So, no DD here, buy it later, buy it expensive on TA.
Remember, only dead fish float the streem.
Fleer
Port Vale are on the verge of finally settling their long-standing £92,000 sponsorship dispute with Tricell. Club chairman Bill Bratt has negotiated a deal which will see Vale paid in newly-issued shares in the mobile phone firm which is quoted on the OTC (Over The Counter) Market in the U.S.
The deal will allow Vale to cash in the shares after 12 months and settle an 18-month-old dispute.
Mr Bratt told shareholders at Monday's AGM that representatives of the group had approached him with a share offer.
Mr Bratt said: "I have come to an agreement that the club will have a trench of shares that will be floated in the new company."
He said the Valiants could sell the shares after 12 months, which would give them more than they were originally owed.
Tricell director John Sumnall said: "We were not responsible for the problems, but we wanted to resolve the issue quickly."
Meanwhile, Mr Bratt has also hit back at claims that the proposed £2.25 million city council loan for his club is a step towards ground-sharing with Stoke City. He said: "The council is not interested in taking over Port Vale. Also, this is not the thin end of the wedge towards a groundshare."
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
ADVERTISEMENT
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
ADVERTISEMENT
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
Dutton Associates Announces Investment Opinion: FX Energy Buy Rating In Update Coverage By Dutton Associates
Friday December 16, 1:35 pm ET
EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 2005--Dutton Associates updates its coverage of FX Energy (NASDAQ:FXEN - News) reiterating a Buy rating and a 12 month price target of $17.00. The 10-page report by Dutton senior analyst Les Childress is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
We believe FX Energy remains an intriguing story, if not somewhat difficult to value by traditional metrics. In the long term, the potential for this natural gas E&P company with primary operations in Poland could be significant. We view Poland as having quite low political risk now that it is a European Union member country. Operational risk in the country could also be characterized as low. FX has established a tight working relationship with officials of the Polish government and the Polish Oil and Gas Company (POGC). The latter is FX's partner in two of its three projects. FX has a huge land position of 1.7 million acres in Poland's Permian Basin, but the primary thesis for FX, and the principal investment theme for the shares, is exploration of previously under-explored Permian Basin targets by a highly renowned geo technical team headed by geologist, Dr. Richard Hardman. This basin seems to have the same geologic characteristics as that of the rich natural gas bearing regions of the British Southern North Sea, based on some initial drilling by the POGC and FX, as well as available seismic data and interpretation. Up to now, very little exploration on a relative basis has been conducted in Poland by the POGC or anyone else to prove the theory that these Rotliegendes targets most likely contain natural gas. When Poland was under communist domination, seismic data existed but could not clearly image the Rotliegend structures. While there was some success in drilling this play "blind" between the mid-1960's and mid-1980's there has been very little drilling activity to the Rotliegendes since that time. This lack of exploration was primarily due to Poland's isolation from the West and its inability to participate in the technical advances occurring in the Southern North Sea.
We view FX's acreage position and its technical team as its key competitive advantage. The large position will allow it to proceed on a high growth platform over the next several years, as well as give it a leg up versus new entrants in Poland, who would likely find it extremely difficult to replicate FX's structure. Theoretically, the Company could be exposed to 2.4-2.8 Tcf of reserves, which, if proven, could in our opinion yield an asset value exceeding $25 per share. There simply has not been enough drilling yet. We have assumed in our asset valuation a conservative 2.4 Tcf. We maintain our BUY rating on the shares and target price of $17 over the next 18 to 20 months.
FXEN, matter off day's now,
to a maximum off 2 weeks for the first well results.
imo
Fleer
Don't believe a thing right now, let the drill bit speak...matter off days for the first one and mid jan 2006 for the second...up we go anyway, they have a good sucsess rate off hitting gas :)
Fleer
A few points that David made on the 1st Albany Conf Call that I thought were interesting:
1) He did not think anyone could find a larger opportunity in any other "western oriented" part of the world (as it relates to the size of land holdings in an already proven prolific area) than what FX currently has in Poland;
2) David thinks that FX's best asset in Poland is NOT its current land holdings (which are substantial) but its relationship with POGC (i.e. current and future opportunites);
3) Poland is not big enough for a Major oil/gas Co. on an EXPLORATION basis, but it is on a PRODUCTION basis (so after FX finds the gas it could have many "in ground" buyers of it to produce it;
4) Current FX natural gas selling prices justify an NPV of 1.50 in the ground and he thinks that number will increase as the selling prices continue to reach full market rates;
5) Russia is where any increase in Europe's natural gas supply will come from over the next several years; therefore FX having a large quantity of natural gas in the same area with the ability to hook up to Western European pipelines could prove to an even more valuable asset going forward as Europe sees SNS natural gas production continue to decline.
----------------------------------------------------------------
I just listened to the whole presentation on the co web site. Nice presentation and the slides worked as well.
Price action was what you'd expect today with such a good presentation hitting 12.04 afterwards, but then the selling. Why the selling?
Shorts must think we have a coin flip of a chance of hitting on these wells. That isn't what I got from the presentation, although Pierce did mention 50/50 several times.
I think Pierce and co. think their chances are pretty good, although a dry hole wouldn't be completely outside the realm of possibilities. He said a couple of dry holes wouldn't discourage him from further exploration.
I suppose nothing but a completed well with commercial quantities of gas will help our share price.
As for the time frame in which to expect these results; Pierce expects Lugi this month and Sroda-5 after the first of the year.
--------------------------------------------------------------
Copy past from Yahoo, the whole CC at the home page on the right
http://www.fxenergy.com/
A few points that David made on the 1st Albany Conf Call that I thought were interesting:
1) He did not think anyone could find a larger opportunity in any other "western oriented" part of the world (as it relates to the size of land holdings in an already proven prolific area) than what FX currently has in Poland;
2) David thinks that FX's best asset in Poland is NOT its current land holdings (which are substantial) but its relationship with POGC (i.e. current and future opportunites);
3) Poland is not big enough for a Major oil/gas Co. on an EXPLORATION basis, but it is on a PRODUCTION basis (so after FX finds the gas it could have many "in ground" buyers of it to produce it;
4) Current FX natural gas selling prices justify an NPV of 1.50 in the ground and he thinks that number will increase as the selling prices continue to reach full market rates;
5) Russia is where any increase in Europe's natural gas supply will come from over the next several years; therefore FX having a large quantity of natural gas in the same area with the ability to hook up to Western European pipelines could prove to an even more valuable asset going forward as Europe sees SNS natural gas production continue to decline.
----------------------------------------------------------------
I just listened to the whole presentation on the co web site. Nice presentation and the slides worked as well.
Price action was what you'd expect today with such a good presentation hitting 12.04 afterwards, but then the selling. Why the selling?
Shorts must think we have a coin flip of a chance of hitting on these wells. That isn't what I got from the presentation, although Pierce did mention 50/50 several times.
I think Pierce and co. think their chances are pretty good, although a dry hole wouldn't be completely outside the realm of possibilities. He said a couple of dry holes wouldn't discourage him from further exploration.
I suppose nothing but a completed well with commercial quantities of gas will help our share price.
As for the time frame in which to expect these results; Pierce expects Lugi this month and Sroda-5 after the first of the year.
--------------------------------------------------------------
Copy past from Yahoo, the whole CC at the home page on the right
http://www.fxenergy.com/
FXEN on the move,
SALT LAKE CITY, Dec. 1 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN - News) announced that David Pierce, President and CEO of FX Energy will make a presentation at the First Albany Capital Annual Growth Conference in New York on Tuesday December 6, 2005. The presentation is scheduled for 10:40 a.m. Eastern and will be webcast. A link to the webcast is available on the homepage of the FX Energy website at www.fxenergy.com.
First Albany target still $22
SALT LAKE CITY, Dec. 1 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN - News) announced that David Pierce, President and CEO of FX Energy will make a presentation at the First Albany Capital Annual Growth Conference in New York on Tuesday December 6, 2005. The presentation is scheduled for 10:40 a.m. Eastern and will be webcast. A link to the webcast is available on the homepage of the FX Energy website at www.fxenergy.com.
http://biz.yahoo.com/prnews/051130/law065.html?.v=35
FX Energy Updates Drilling Status on Poland Wells
Wednesday November 30, 11:14 am ET
SALT LAKE CITY, Nov. 30 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN - News) reported that the Lugi-1 well in the Company's Fences I project area has casing set and cemented through the Zechstein section and coring operations to test a planned Rotliegend sandstone target reservoir will commence in about one week once preparatory operations are complete.
The Sroda-5 well drilling in the Company's Fences II project area has casing set to the top of the Zechstein section. The Zechstein will be drilled, cased and cemented before coring of the Rotliegend sandstone target reservoir will begin. The Zechstein is projected to be approximately 610 meters (2,000 feet) thick in the Sroda-5 well.
The Polish Oil and Gas Company is the operator of the Lugi-1 and Sroda-5 wells and owns 51%. FX Energy owns a 49% interest.
The Company also reported that a drilling contract will be signed for the Drozdowice-1 well in the Company's Fences III project area in approximately two weeks. Road building and site preparation will be done during December and drilling operations are planned to begin during January 2006. The Drozdowice-1 well is the Company's first well in the Fences III project area where FX Energy holds a 100% interest and is the operator
FX Energy Updates Drilling Status on Poland Wells
Wednesday November 30, 11:14 am ET
SALT LAKE CITY, Nov. 30 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN - News) reported that the Lugi-1 well in the Company's Fences I project area has casing set and cemented through the Zechstein section and coring operations to test a planned Rotliegend sandstone target reservoir will commence in about one week once preparatory operations are complete.
ADVERTISEMENT
The Sroda-5 well drilling in the Company's Fences II project area has casing set to the top of the Zechstein section. The Zechstein will be drilled, cased and cemented before coring of the Rotliegend sandstone target reservoir will begin. The Zechstein is projected to be approximately 610 meters (2,000 feet) thick in the Sroda-5 well.
The Polish Oil and Gas Company is the operator of the Lugi-1 and Sroda-5 wells and owns 51%. FX Energy owns a 49% interest.
The Company also reported that a drilling contract will be signed for the Drozdowice-1 well in the Company's Fences III project area in approximately two weeks. Road building and site preparation will be done during December and drilling operations are planned to begin during January 2006. The Drozdowice-1 well is the Company's first well in the Fences III project area where FX Energy holds a 100% interest and is the operator.
http://biz.yahoo.com/prnews/051130/law065.html?.v=35
http://biz.yahoo.com/prnews/051130/law065.html?.v=35
FX Energy Updates Drilling Status on Poland Wells
Wednesday November 30, 11:14 am ET
SALT LAKE CITY, Nov. 30 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN - News) reported that the Lugi-1 well in the Company's Fences I project area has casing set and cemented through the Zechstein section and coring operations to test a planned Rotliegend sandstone target reservoir will commence in about one week once preparatory operations are complete.
The Sroda-5 well drilling in the Company's Fences II project area has casing set to the top of the Zechstein section. The Zechstein will be drilled, cased and cemented before coring of the Rotliegend sandstone target reservoir will begin. The Zechstein is projected to be approximately 610 meters (2,000 feet) thick in the Sroda-5 well.
The Polish Oil and Gas Company is the operator of the Lugi-1 and Sroda-5 wells and owns 51%. FX Energy owns a 49% interest.
The Company also reported that a drilling contract will be signed for the Drozdowice-1 well in the Company's Fences III project area in approximately two weeks. Road building and site preparation will be done during December and drilling operations are planned to begin during January 2006. The Drozdowice-1 well is the Company's first well in the Fences III project area where FX Energy holds a 100% interest and is the operator.
Fleer
FX Energy Updates Drilling Status on Poland Wells
Wednesday November 30, 11:14 am ET
SALT LAKE CITY, Nov. 30 /PRNewswire-FirstCall/ -- FX Energy, Inc. (Nasdaq: FXEN - News) reported that the Lugi-1 well in the Company's Fences I project area has casing set and cemented through the Zechstein section and coring operations to test a planned Rotliegend sandstone target reservoir will commence in about one week once preparatory operations are complete.
ADVERTISEMENT
The Sroda-5 well drilling in the Company's Fences II project area has casing set to the top of the Zechstein section. The Zechstein will be drilled, cased and cemented before coring of the Rotliegend sandstone target reservoir will begin. The Zechstein is projected to be approximately 610 meters (2,000 feet) thick in the Sroda-5 well.
The Polish Oil and Gas Company is the operator of the Lugi-1 and Sroda-5 wells and owns 51%. FX Energy owns a 49% interest.
The Company also reported that a drilling contract will be signed for the Drozdowice-1 well in the Company's Fences III project area in approximately two weeks. Road building and site preparation will be done during December and drilling operations are planned to begin during January 2006. The Drozdowice-1 well is the Company's first well in the Fences III project area where FX Energy holds a 100% interest and is the operator
http://biz.yahoo.com/prnews/051130/law065.html?.v=35
Fleer
TCLL, the story,(4050%)
It's all about this,
In February 2005, the Advocate General of the United Kingdom (“AG”) OVERRULED the United Kingdom Tribunal’s VAT interpretation, holding that VAT transactions are to be viewed as separate transactions, not one transaction encompassing numerous smaller transactions. VAT fraud concerns a series of consecutive activities, performed by a number of traders in a supply chain. It is an essential feature of the common system of VAT that VAT becomes chargeable on each transaction in a supply chain. The AG ruled that each transaction should be regarded on its
own merits, the character of a particular transaction in the chain cannot be altered by earlier or subsequent events and misconduct by certain traders should not be allowed to penalize traders who were not involved in misconduct, but happened to be in the supply chain. This interpretation has allowed us to once more confidently seek a VAT refund. However, the change in interpretation will not be permanent until the decision is backed by the European Court of Justice (“ECJ”). We anticipate the ECJ will issue its ruling in late 2005 or early 2006.
-------------------------------------------------
In the mean time we see,
We had net income of $217,862 for the nine months ended September 30, 2005 as compared to a net loss of $2,419,044 for the same period in 2004. Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004. The increase in sales revenue is due to our resumption of material business activities in the first quarter of 2005 while we awaited the outcome of a Customs & Excise ruling on the treatment of liability for Value-Added-Tax (“VAT”) upon intra-European transactions.
TCLL, the story,
It's all about this,
In February 2005, the Advocate General of the United Kingdom (“AG”) OVERRULED the United Kingdom Tribunal’s VAT interpretation, holding that VAT transactions are to be viewed as separate transactions, not one transaction encompassing numerous smaller transactions. VAT fraud concerns a series of consecutive activities, performed by a number of traders in a supply chain. It is an essential feature of the common system of VAT that VAT becomes chargeable on each transaction in a supply chain. The AG ruled that each transaction should be regarded on its
own merits, the character of a particular transaction in the chain cannot be altered by earlier or subsequent events and misconduct by certain traders should not be allowed to penalize traders who were not involved in misconduct, but happened to be in the supply chain. This interpretation has allowed us to once more confidently seek a VAT refund. However, the change in interpretation will not be permanent until the decision is backed by the European Court of Justice (“ECJ”). We anticipate the ECJ will issue its ruling in late 2005 or early 2006.
-------------------------------------------------
In the mean time we see,(4050%)
We had net income of $217,862 for the nine months ended September 30, 2005 as compared to a net loss of $2,419,044 for the same period in 2004. Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004. The increase in sales revenue is due to our resumption of material business activities in the first quarter of 2005 while we awaited the outcome of a Customs & Excise ruling on the treatment of liability for Value-Added-Tax (“VAT”) upon intra-European transactions.
TCLL, the story,
It's all about this,
In February 2005, the Advocate General of the United Kingdom (“AG”) OVERRULED the United Kingdom Tribunal’s VAT interpretation, holding that VAT transactions are to be viewed as separate transactions, not one transaction encompassing numerous smaller transactions. VAT fraud concerns a series of consecutive activities, performed by a number of traders in a supply chain. It is an essential feature of the common system of VAT that VAT becomes chargeable on each transaction in a supply chain. The AG ruled that each transaction should be regarded on its
own merits, the character of a particular transaction in the chain cannot be altered by earlier or subsequent events and misconduct by certain traders should not be allowed to penalize traders who were not involved in misconduct, but happened to be in the supply chain. This interpretation has allowed us to once more confidently seek a VAT refund. However, the change in interpretation will not be permanent until the decision is backed by the European Court of Justice (“ECJ”). We anticipate the ECJ will issue its ruling in late 2005 or early 2006.
-------------------------------------------------
In the mean time we see,
We had net income of $217,862 for the nine months ended September 30, 2005 as compared to a net loss of $2,419,044 for the same period in 2004. Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004. The increase in sales revenue is due to our resumption of material business activities in the first quarter of 2005 while we awaited the outcome of a Customs & Excise ruling on the treatment of liability for Value-Added-Tax (“VAT”) upon intra-European transactions.
TCLL, The story,
It's all about this,
In February 2005, the Advocate General of the United Kingdom (“AG”) OVERRULED the United Kingdom Tribunal’s VAT interpretation, holding that VAT transactions are to be viewed as separate transactions, not one transaction encompassing numerous smaller transactions. VAT fraud concerns a series of consecutive activities, performed by a number of traders in a supply chain. It is an essential feature of the common system of VAT that VAT becomes chargeable on each transaction in a supply chain. The AG ruled that each transaction should be regarded on its
own merits, the character of a particular transaction in the chain cannot be altered by earlier or subsequent events and misconduct by certain traders should not be allowed to penalize traders who were not involved in misconduct, but happened to be in the supply chain. This interpretation has allowed us to once more confidently seek a VAT refund. However, the change in interpretation will not be permanent until the decision is backed by the European Court of Justice (“ECJ”). We anticipate the ECJ will issue its ruling in late 2005 or early 2006.
-------------------------------------------------
In the mean time we see,
We had net income of $217,862 for the nine months ended September 30, 2005 as compared to a net loss of $2,419,044 for the same period in 2004. Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004. The increase in sales revenue is due to our resumption of material business activities in the first quarter of 2005 while we awaited the outcome of a Customs & Excise ruling on the treatment of liability for Value-Added-Tax (“VAT”) upon intra-European transactions.
It's all about this,
In February 2005, the Advocate General of the United Kingdom (“AG”) overruled the United Kingdom Tribunal’s VAT interpretation, holding that VAT transactions are to be viewed as separate transactions, not one transaction encompassing numerous smaller transactions. VAT fraud concerns a series of consecutive activities, performed by a number of traders in a supply chain. It is an essential feature of the common system of VAT that VAT becomes chargeable on each transaction in a supply chain. The AG ruled that each transaction should be regarded on its
own merits, the character of a particular transaction in the chain cannot be altered by earlier or subsequent events and misconduct by certain traders should not be allowed to penalize traders who were not involved in misconduct, but happened to be in the supply chain. This interpretation has allowed us to once more confidently seek a VAT refund. However, the change in interpretation will not be permanent until the decision is backed by the European Court of Justice (“ECJ”). We anticipate the ECJ will issue its ruling in late 2005 or early 2006.
-------------------------------------------------
In the mean time we see,
We had net income of $217,862 for the nine months ended September 30, 2005 as compared to a net loss of $2,419,044 for the same period in 2004. Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004. The increase in sales revenue is due to our resumption of material business activities in the first quarter of 2005 while we awaited the outcome of a Customs & Excise ruling on the treatment of liability for Value-Added-Tax (“VAT”) upon intra-European transactions.
TCLL,
The best stock in the market
Look for the revenue...amazing
We will take of for a 10 bagger (not joking)
after this,(but now with the new ceo it can go faster)
This interpretation has allowed us to once more confidently seek a
VAT refund. However, the change in interpretation will not be
permanent until the decision is backed by the European Court of
Justice ("ECJ"). We anticipate the ECJ will issue its ruling in late
2005 or early 2006. (on page 5 and 6, 10Q)
http://www.sec.gov/cgi-bin/browse-edgar?company=tricell&CIK=&filenum=&State=&SIC=&am...
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004
http://biz.yahoo.com/prnews/051122/datu055.html?.v=28
UK Customs & Excise have implemented the processes and procedures they believed necessary and are no longer unduly withholding VAT repayments. Tricell anticipates its revenues will now return to US$500m-$700m
http://www.tricellinc.com/Articles.asp?Level=2&Parent=0&ArticleID=4
Tricell, Inc. Announces New Directors, President and CFO
Monday November 21, 12:21 pm ET
http://biz.yahoo.com/prnews/051121/dam034.html?.v=35
FXEN look at 50 ma and 200 ma but i go for the story...
TCLL, take a look
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004."
http://www.investorshub.com/boards/read_msg.asp?message_id=8621223
How high can we go, imagine
TCLL, take a look,
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004."
How high can we go, imagine
TCll, take a look,
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004."
http://www.investorshub.com/boards/read_msg.asp?message_id=8621223
How high can we go, imagine
No, Nothing wrong,(TCLL)
The niche opportunity exploited by Tricell involves sourcing inventory of mobile handsets and accessories at best market prices, by acquiring excess stock and selling the stock back into the retail channel via wholesales when the need arises. As the European and Asian markets for mobile phones have grown rapidly over the last four years, the wholesale market has experienced very strong growth.
Each geographic market represents different opportunities based on the maturity of the market: mature handset market purchases being driven by trade ups and accessories compared to first time purchases in less mature markets.
During the last four years, through good management controls, a solid ‘IT’ platform and innovative marketing techniques, TRICELL has become a leading force in the wholesale market. The success of the company reflects TRICELL ‘s proven track record of delivering reliable quality handsets in the volumes required by the wholesale trade, excellent delivery service and, value for money in the marketplace.
Tricell has developed an excellent track record with its chosen customer base – the majority of its sales being achieved with under 80 key wholesalers worldwide.
http://www.tricellinc.com/Articles.asp?Level=2&Parent=0&ArticleID=2
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004."
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000950134%2D05%2D022009%2Etxt&FilePath.... =
Do some DD, great stock imo
TCLL,
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004."
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000950134%2D05%2D022009%2Etxt&FilePath.... =
http://www.investorshub.com/boards/board.asp?board_id=4088
How about this ? 1 to 10 bagger, look at the sec fillings too.
Fleer
Ha Ha you know better, TCLL will hit sooner than later
For big money traders look at FXEN....
Capt Nemo,
People don't know, i am waiting for ECJ (the judge)
Last week The European Court of Justice's Advocate General said that these actions are unfair to legitimate businesses. His opinion is not binding but is likely to be accepted by the court later this year. (from feb 2005)
http://www.channelregister.co.uk/2005/02/21/customs_loses/
http://www.ukdata.com/company-listings/Tr-57.html
The drop off last rally,
http://holdings.nasdaq.com/asp/Form144.asp?CIK=&HolderName=&LinesPerPage=20&PageNum=1&am...
Q10 is very good, but still pink
12:00 - 18 November 2005
The club have written off Tricell's £92,000 sponsorship deal as a bad debt, although this loss was cancelled out by the sale of Steve Brooker to Bristol City .http://www.thisisstaffordshire.co.uk/ and type tricell
When you sponsor a big soccer club and you quit, supporters will sell, that was also a part off the drop, imo
http://www.onevalefan.co.uk/forum/index.php?act=Search&CODE=simpleresults&sid=d33023c4a02d96...
Why did they start trading phones again....VAT is OK.
Fleer
FXEN,
Drilbitt will hit before mid December, not one but two times,
Gas play, 50% intrest in Poland....
Now at $11 mid 2006 above $20 for a start.
Fleer
Current Price: $0.1
Revs for Q3: $240,167,787
Gross profit: $3,027,723
Net Income: $349,900
O/S: 94,795,877
"Our sales revenue increased by approximately 4050%, to $516,943,168 for the nine months ended September 30, 2005 from $12,772,449 for the same period in 2004."
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000950134%2D05%2D022009%2Etxt&FilePath... =