Max Petroleum Share Discussion Threads

[ifyes] 19/2/2015 12:39

not long to go til 25th

[pwhite73] 19/2/2015 12:10

Be careful of the no reason for rise RNS.

[jayrh] 19/2/2015 11:46

Hiddendepths changed is tuned again more like hidden agenda

[marmar80] 19/2/2015 11:32

MAX is on my watch list too, as I traded it a few years ago. I really thought it is gonna be a huge producer within a few years. Now it is just a survival mode, but my hopes are with shareholders here. The problem is the part of the world where the company is placed. My Oxus had many troubles in Kyrgyzstan, Uzbekistan, troubles with Kazakhstan company too. Now OXS is awaiting arbitration result and I hope there is justice on the world.

[spkiller] 19/2/2015 11:09

Nice work gents, looks like you did well here. MXP on my watch list from years ago...

Too late to get back in or is there more wind in these sails?

[comedy] 19/2/2015 11:04

punch through 0.3p then we are on our way:)

[comedy] 19/2/2015 11:03

getting ready for take off:)

[comedy] 19/2/2015 11:01

whoppy couldnt even buy now on this drop...must be filling buy orders:)

[whoppy] 19/2/2015 11:01

I hope those that panic selled are back in. To sell at a loss then see it soar is not nice.

[comedy] 19/2/2015 10:45

yep...always buy the overhang!!!!

[whoppy] 19/2/2015 10:44

Max up 60%..anyone making money?!

[jotoha2] 19/2/2015 10:17

Can only assume the 5p holders will want their money back , so so 3/4p looks likely if Agr jump back in!

[comedy] 19/2/2015 10:09

think the 200mill overhang gone...now the bounce back:)

[whoppy] 19/2/2015 09:36

Max up..anyone know why? refinancing secured AGR deal back on?

[whoppy] 13/2/2015 15:15

Oil at $70-80 a barrel will do for the rest of the year.

[comedy] 13/2/2015 11:16

well any hope and we have multibagger on our hands...question is which way will they go???

[whoppy] 13/2/2015 09:22

The assets will not recover the debt, particularly because of the price of oil. Sberbank have invested in Max by holding shares and believed by now they would have been punping 10,000 bod and found 500MMb at NUR-1. None of this has happened and like everyone else are now looking at losses. Sberbank may get $30-40m from a sale, which is all AGR were willing to put in for 51% of Max..not anymore, it would seem ideal for Sberbank to relax the terms so AGR can come onboard and sweat the assets and make money longterm as would Sberbank..or for AGR to just buy out Max and do a deal on the debt with Sberbank, who would probably be more comfortable at doing that considering AGR financial backing. Obviously shareholders, including Sberbank won't get much but it would be better than losing all the money. Can't be long to find out.

[hiddendepths] 13/2/2015 09:12

".... a small price to pay compared to the alternative." Not for Sberbank, surely? They can take the assets instead which is surely better for them - not for other shareholders though! But what does Sberbank care about them?

[whoppy] 13/2/2015 08:52

All that's required is a bit of patience from Sberbank to see the oil price recover and a bit of cash, or more favourable terms on the debt, and Max can go forward with the AGR deal. Everyone keeps their jobs and Sberbank get their money back albeit delayed...but a small price to pay compared to the alternative. Sberbank a major shareholder aswell.

[jotoha2] 12/2/2015 20:29

Hey Travis , you are one smart cookie , did you get a 1st class in this subject , if you don't mind me saying you seem to have left out Shell and BP in your list , and what about Premier Oil , don't you think they are dogs.

[librag] 11/2/2015 13:59

It's obviously helping you cope with a sad life.