Mayan Energy Share Discussion Threads

[jungmana] 10/1/2018 16:14

As i said yesterday. In a months time many will wish they had loaded here at this prices.

[eye2] 10/1/2018 16:10

'07 paid lets go

[brasso3] 10/1/2018 15:46

I really like the chart that is forming here.

Very similar to what happened at the end of October 2017. I will top up when we have a close above 0.7p.

#coiledspring

[fairenough11] 10/1/2018 14:43

On Target.

We'll agree to disagree.

I am more than happy with my investment.

[on target] 10/1/2018 14:37

fairenough,

Where did I say I didn't see value in the potential here?
I do, but with each delaying RNS, the value of that potential decreases for me as the risk they are just another load of AIM bullsh*tters increases.
The revelation that MYN only owned 6 (now 8) of the '200+ wells' on Forrest Hill and would have to buy more leases in order to access took yet another chunk out of the value of the potential for me.

[113mike] 10/1/2018 14:36

my post aimed at OT..

[fairenough11] 10/1/2018 14:35

On Target,

so let me get this straight,you only see value when all targets/aims HAVE ALREADY BEEN MET and the share price reflects these achievements?You don't see any value in the POTENTIAL here?

Why are you here?

I'll tell you what,I have bought a substantial amount sub .6p and you wait until MYN have their 500bopd production on stream,Block Energy have launched and AR is full steam ahead,let's see who has done right.

BTW do a read across Myn/Deloro/Petroteq/Asphalt Ridge as it stands now and you will find that alone more than covers Myns Mckcap with much more to come as Petroteq's Tech enhances production/flow rates/extraction.

[113mike] 10/1/2018 14:35

If you believe it's gonna happen you buy in now at .67 and wait and see. It could come good and it might not who knows? If you're not convinced then wait and see then buy in...it might be at a higher price then..it might not who knows?it's a speculative stock and no guarantee it'll get you any return on your layout.you pays your money you take your choice!If you're just here to wind us all up then clear off annoy someone else..end of!

[brasso3] 10/1/2018 14:34

I was reading up on it earlier and now the thread has disappeared.

[piperpeter] 10/1/2018 14:30

There were two there, earlier, Wayne.

Like I said before, I only bought OBC because it has 'blockchain' in its name.

Purely a punt....turned out OK though.

:)

Pp.

[brasso3] 10/1/2018 14:22

Thanks PP

What happened to the OBC thread?

[on target] 10/1/2018 14:22

fairenough11,

My point is MYN have yet to deliver any production other than the dribble from the wells when they initially bought them, and all RNS's since the placing have done is add further delays. So until they actually do so, why would MYN be valued any higher?

[piperpeter] 10/1/2018 14:12

He's put up a picture of the rig, Wayne.

:)

Pp.

[fairenough11] 10/1/2018 14:11

On Target.

Am I missing something here?

MYNs Mckcap is £7.4Million--You can BUY at .67p BEFORE 8 wells come online within weeks and by early summer they will have at least 500bopd production and their stake in Block Energy will also be realised as they launch shortly.So when they reach 500bopd+ we should expect their Mckcap to be around £30Million'ish,around 3p a x4.5multiple.Plus with the Oil Price spiking,more cash than expected will be thrown off as production grows therefore more wells will be accessed at a faster rate than planned.

If they were producing 500bopd+ right now,the Mckcap would not be £7.4M it would be around £30M,so you would be buying at 3p not .67p..

You ask a question you already know the answer to.What's your point?

[brasso3] 10/1/2018 13:40

I am sure Eddie will not be able to resist a Twitter update on the first workover before the 15th Jan. He loves pictures of black gold.

[eye2] 10/1/2018 13:39

on Target, your view on Petroteq? and our MACP?

[tidy 2] 10/1/2018 13:35

News Monday. Building towards it

[on target] 10/1/2018 13:29

fairenough11,

Yes the key words are 'to come online'. They have been 'to come online' for months now, and currently by definition are not online - wouldn't you agree? Therefore bopd is currently 0.

[tidy 2] 10/1/2018 13:28

Breakout looms.

[dilip40] 10/1/2018 13:15

croas how much is myn currently producing thanks