Mayan Energy Share Discussion Threads

[grannyboy] 31/8/2018 06:33

Well you would think there would be some news of progress announced to the market prior to the AGM..otherwise it will be a bundle of laughs..NOT!!

[tsmith2] 30/8/2018 10:00

support around .35p

[spawny100] 28/8/2018 11:43

Oh I don't know - Eddie has delivered a spectacular collapse in share price....

[gazza102] 23/8/2018 17:55

You've been had. Same old story with this lot. Billions more shares to be issued. Delivered nothing

[grannyboy] 23/8/2018 17:48

Yes more the merrier spawny...

[spawny100] 23/8/2018 17:41

Well done gb I'll do same myself. Easy to gripe on bb's but sometimes needs concerted actions.

[grannyboy] 23/8/2018 17:39

Well I sent an email today asking the very same question, and other feelings I have..whether I get a response is another matter..

[lab rat99] 23/8/2018 17:00

Spot on Coldspring, Eddie has delivered nothing. What is current production? Still waiting for the change of operator at Zinc ranch, still waiting on the electricity generation from the Stockdale gas and on and on rinse and repeat. Spun the same rubbish at Shoats creek before disposing of it for nothing.

Eddie is all talk, although he does like issuing shares with glee abandon.

[spawny100] 23/8/2018 16:50

Think many holders feel similarly at present coldspring...

[coldspring] 23/8/2018 16:45

Sorry folks but Texas Eddie g is selling snake oil. I am a holder from 0.8 its always jam tomorrow with this crew. We need CURRENT production figures, they were promising 300-500 bopd months ago

[spawny100] 23/8/2018 16:05

Hope you're right with that assessment keya. With no production figures to go on many of these type of comments of Eddies can be a little ambiguous and hard to quantify precisely. Need numbers asap Eddie please - depressing to give up recent small gains in one session.

[keya5000] 23/8/2018 12:33

I think he means if the five come in at the top of the range that's 400BOPD.

That would by size be the 'backbone' of our production, with further work to co-mingle new zones maybe 600bopd.

Hence the comment.

[spawny100] 23/8/2018 09:17

Hope so inv. I'm a little disconcerted Eddie is now talking about the 5 new wells as forming the "backbone" of MYN production given that the 300-500bpd target was in place before these wells were even on the scene. Taken together with absence of production figures from existing wells it's hard to avoid mulling the possibility that production from existing assets is below expectations...

[inv] 23/8/2018 09:00

Excellent buying opportunity. Should get back to 0.70p plus

[spawny100] 23/8/2018 08:20

Dilution and delays never impress mr market much.

[113mike] 23/8/2018 08:10

acheivement of the 300bopd target is now a long way delayed compared to what was being said earlier this year. was a 300-500 target now just 300. big drop in share price this morning...still staying though..see how it goes! GLA!

[spawny100] 23/8/2018 06:59

Also I was expecting to have 100% stake in new wells - was I wrong to be thinking this?

[113mike] 23/8/2018 06:57

interims due end of Sept...should get more of an idea of production, sales, revenue and forward estimates then at least!

[spawny100] 23/8/2018 06:32

Yeah some good news but this continual dilution by issuing shares like confetti whilst giving no current production numbers is becoming a bit tedious. New shares issued at 0.7 with a lockin suggests some confidence in the future though....

[pjl4] 23/8/2018 06:28

good news........then the issue of new shares. I guess someone has to pay!!

[grannyboy] 21/8/2018 15:10

Yes starting to look a bit more positive..If we get some long overdue news that won't go amiss..

[spawny100] 21/8/2018 14:20

Inverse head and shoulders on chart? 0.8 in short order then....

[spawny100] 15/8/2018 16:08

Intraday reversal and volumes increasing. Looking somewhat more promising.

[brasso3] 15/8/2018 14:43

Working its way up to a sensible level.

[cwh1980] 13/8/2018 15:35

Nice movement, maybe I was wrong about this. Let's see where we are at the end of the week.