Replies to post #17222 on North West Oil Group, Inc. (NWOL)

[jstick2000]

Awww Geez, your back again? I guess the Magma deal is not going to happen either is it? Go bye bye now.

[Faiser]

Nope, it says 12-24 weeks for the listing process.

http://www.londonstockexchange.com/en-gb/products/companyservices/joiningbeingonmarket/ukcompanyserv...

[eik]

"Unlike the main market of the LSE which has requirements for a minimum market capitalization (£700,000), three years of audited financial statements, minimum public float (25 per cent) and sufficient working capital for at least 12 months from the date of listing, the AIM market has less onerous listing conditions. In order to obtain an AIM listing, an applicant must first select a nominated adviser ("Nomad") from a list of LSE approved firms of experienced corporate finance professionals. The Nomad effectively acts as the regulator in respect of admissions to AIM and is responsible together with counsel for verifying the suitability of the applicant candidate for AIM and for determining whether the appropriate disclosure obligations have been satisfied in the relevant listing admission documentation. The suitability of the applicant for AIM, as determined by the Nomad, is the only condition that must be satisfied in order to obtain an AIM listing. "
http://www.mccarthy.ca/pubs/publication.asp?pub_code=1355

[Cause]

Hmmm, here's a link that says it takes three - six months

http://www.growingbusiness.co.uk/YawrbFc.html

Where's your link? Lets see, there was a PR some months back that they were working on it.

It would be more helpful if you provided some links. and weren't such a smartaXX.

[EricEcon]

upto 3 years doesn't mean exactly 3 years, but at most. It also doesn't mean that most companies take this long.

You really should read what you're posting before you comment.

[New York City guy]

O.T. Old Investor, is the glass half-empty or half-full?

[Mr B]

Excellent points Old! Thanks for sharing!