Prospex Oil And Gas Share Discussion Threads

[zac_mo] 16/10/2016 11:37

Clearly doesn't have a clue about exploration. Some people just cannot be helped. Look Mike if you want to make some dosh then follow the big boys. We did the same at CTP, CSI and EMH recently. This will top the lot...haters will hate but if your serious about making money this side of the year then PXOG Is where your money should be. The re rate hasn't started here. ...fully funded and in a luxurious position to go full steam ahead. Dyor if u don't follow you will see that the MD is in a league of his own. Don't be surprised if we see an RNS with the title EXXONMOBIL in it. ....don't leave it too late...

[cygnet4] 16/10/2016 11:29

Aye 40% must be one of the riskiest drills ever. LOL

[113mike] 16/10/2016 11:24

Only 40% chance. Big fall in share price if not successful?..sounds a bit risky?

[potential] 16/10/2016 10:21

Some were asking Why the riseWell they have changed the Drill from exploration to a production Drill, which is fully expecting to strike with 40% chance. We are just waiting for the change in licence from Polish Minister due anytime now, and then it is full steam ahead.The rig is already booked and waiting....

[potential] 16/10/2016 09:53

High sits at 2.8 and to be broken next week imo. Pure speculation will take this into 3p+ area. But I agree zac 6-7p would be where we should expect it to head short term. GL all a big week ahead!!

[tidy 2] 15/10/2016 12:31

They will spud 30 days from govt approval papers are issued. Govt approval is the next news

[soulsauce] 15/10/2016 09:42

Agree both, good posts.

[zac_mo] 15/10/2016 09:33

Had this been his first project then I would be nervous, however his track record is OUTSTANDING. A bit like a football manager who has done it at every level consistently. The thing that really excites me is the fact that it is a shallow well so no waiting around for months on end, it has a 40% COS UNHEARD of in the current climate, we have raised the cash and can go straight into production once the find has been confirmed. Look where we are situated geographically! Central Europe, with the current mcap not even reflecting the potential I think there is a genuine case to suggest that this will now multi bag as we head into the drill in 15 days. I would expect volume to rise this coming week and a push towards a more reasonable mcap around the 6-7p mark. Been a long wait but our time is here. Good luck all I am sure that we will all be rewarded handsomely given the track record. In summary when our MR gets involved in O&G you stand up and take note. Have a good weekend

[potential] 14/10/2016 21:42

History of Ed DawsonWhen Ed Dawson was MD of Peppercoast Petroleum, he clinched the deal for Oil Block 13 off shore Liberia with NOCAL however later on NOCAL decided that Peppercoast was punching way above its weight and probably could not deliver the full Oil program. If or not he could it did not matter as Ed was part of the negotiating team that sold on the rights for drilling for 85 Million USD to ExxonMobil and COPL making lots of money in the processMoral of the story is that Ed is there to make money and this directly involves Shareholders. He clearly said that the Market is starting to re-rate us now in the Video Interview and i think the next RNS will really allow for that to really motor that on. His aim is that so i am sure it will get the juices really flowing. Entering projects "at a fulcrum" allowing maximum chance of making money. After all is that we are not all here? If something is not feasible or looks difficult, he will find another way to do something. He already has the contacts with Giants such as Exxon so if there is a good play, he has a good chance of involving them in the future.

[soulsauce] 14/10/2016 16:30

Yes think you are right effiert. Good to know the CEO of PXOG likes that licence off Liberia.

[effiert] 14/10/2016 16:26

I expect this to move nearer term however

[effiert] 14/10/2016 16:25

Sure soul both well do well mate

[soulsauce] 14/10/2016 16:19

Never mind effiert i'll see where it goes Monday and might buy more COPL instead.

[effiert] 14/10/2016 15:50

3p next week got to be nailed.. Chart breaking out and good volume..

Sod's law soul

[soulsauce] 14/10/2016 15:43

effiert I know :-/

[potential] 14/10/2016 15:38

Look at those Massive buys going through-were in for a spiky finish with RNS next week for defo!!!!!

[effiert] 14/10/2016 15:36

Haha soul.. You shouldn't of showed your hand mate

[soulsauce] 14/10/2016 15:35

Doh!! Now what did I say about running the price up ahead of Monday - grrrrr ;-)

[effiert] 14/10/2016 14:08

3p later today or Monday Imo

[ccr1958] 14/10/2016 12:25

This is where it starts to be come interesting !!! wwtboototwe :)))

[ccr1958] 14/10/2016 11:24

can sell at 2.35 now , Little tick up any minute ?