Mx Oil Share Discussion Threads

[gasman10] 12/8/2016 15:32

Nice director buys

[gasman10] 12/8/2016 11:41

What would be the takeover price in pence do you recon?

[dice1950] 12/8/2016 09:02

MXO triggered a breakout alert.

[oldbronze] 10/8/2016 10:59

great, I think will be very good soon, More than 1p

[njw2] 02/8/2016 10:00

This will drift now for the next month. Prob back down to 0.6 - 0.7 .

[manni786] 30/7/2016 18:37

Will Richard James Carter purchase shares in here? I reckon he will. Hamilton @ Panoro recently did, will we see the MXO BOD invest?

[gta5] 20/7/2016 11:14

Well, I'm glad some are positive.
(You're not by any chance in the same camp as those insisting that the UK will be the new superpower and that exiting the EU will be a boost to the NHS, fix the economy and cure cancer?)

I for one was expecting sooner and higher flowrates from Aje as well as something tangible from the investments in mexico. About mexico; all the local media points to a crazy bidding from MXO/Geo and officials did not believe that they were serious as they were miles away from their closest competitors in terms of bids.... funny how they dropped out in the end?
I'm in at an average of 1.1p and see nothing but ineptitude ranging from Mexico to Stefan to Cornhill and don't trust any of them. If this ever goes back above 1.2p I'm out.
GL,

GTA

(For the record, Despite the delays, lower initial production I'm very positive about Aje and long term I think this field has a lot of potential in its various phases for MXO of course, but only in the right hands, I.e. not Stefans...)

[manni786] 19/7/2016 12:38

Gta5 since when was 12k expected? all official information has stated 10k as you will likely be aware - whatever motives you have make you pass bb talk as official news. Not many numpties fall for that type of obvious motive driven drivel

[oldbronze] 19/7/2016 11:05

You can kick what and who you like, MXO is going places if you don't want to come on the ride, See Ya

[gta5] 19/7/2016 11:01

oldbronze, how are production issues and regulation limitations good news? we're 40% under the expected 12KBOPD production figures!?
from a company perspective, the sooner Stefan is kicked out and a new broker is found the better. Until then rest assured that this tiny company is going to be bled dry by the leaches and new essential placings done to boost the Cornhi..eh.. "Coffers"...that's it! the coffers...

[oldbronze] 19/7/2016 08:58

Great news again!!! Is he share price falling??

[mostyn] 15/7/2016 16:18

Very large delayed reported trade from this AM. 10,000,000 at 0.98p

[mostyn] 15/7/2016 13:42

Looks like a buyer in some size in the background, as the sellers have not as yet knocked the price back.

[mostyn] 15/7/2016 10:26

Less boring today so far. A number of sellers and a decent sized buy of 2,500,000. Volume picking up a little. This should be a good sign.

[mostyn] 14/7/2016 15:09

It's worth keeping an eye on the Panoro Energy price as this may give a bit of a lead to where MXO might go. After hitting a low around 3.6 a few weeks ago the Panoro price has been moving up quite well and is now around 4.6. The price of MXO on the other hand has remained fairly static.

[mostyn] 12/7/2016 14:32

We should get some news soon. The oil storage vessel has a capacity of 750,000 barrels and we have been producing for 69 days. The last production information stated that each well was producing at over 5,000 barrels per day or 10,000+ for the two. At this rate we should get some news in the next week or so. This ought to generate some interest.

[shareho1der] 11/7/2016 17:39

I wonder where socks is hiding waiting for his 2.5p to sell .

[toolsmoker] 06/7/2016 16:40

All fraud money laundering here .no flow rates they must have an issue wait for summer and release the bad news .can see this tanking to new lows now I'm totally out don't trust stefan

[andy] 01/7/2016 12:44

mostyn,

I think there is a lack of trust here, and after what has transpired, who can blame anyone for that?

Once hard facts are available, we shall see.

Good point about the £ though, about 14% cheaper than before Brexit which will translate into better profits when US $ are converted into sterling.

[mostyn] 01/7/2016 12:29

It's surprising there isn't more interest in MXO. We have been producing for 57 days and at even 500 bopd we should have made over $500,000 in operating margin given the reported cost of $31 per barrel. It would be difficult not to make a success of the Aje field given what we know to date, always assuming that the oil price holds around current levels. We should also benefit from the fall in sterling vs the dollar.