UK 21:04 Monday, 21 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning, New World Oil & Gas’ (NEW) board of directors was true to its word and published the company’s unaudited interim figures nearly a month early. The numbers are encouraging. The company had £2.9million cash on Friday, the executive directors have been offsetting all fees since March against their outstanding loans and the board continues not to draw salary or accrue benefits. The company is not yet out of the woods, but today represents a tangible step forward. Next up is the AGM…
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Comments
Adge
Sceptical please. This the UK not the USA.
DUCK AND DIVE
“actively evaluating projects that may have the potential to generate immediate or near-term cash-flow”
Did they copy and paste that from a Sefton RNS? Or maybe they both copied and pasted it from “The Microcap Oil Explorer’s RNS Handbook for Dummies”?
Keith
check out the 2nd RNS clanger: 1742hrs This announcement replaces RNS 5838X which was released by the Company on 1 September 2015 at 7.00 am. The change relates to the loss for the six months ended 30 June 2015, which was incorrectly stated in the Financial Review section as being US$894,000. This has been amended to the correct figure of (US$1,403,000), as was reported in the Financial Statement.