Mx Oil Share Discussion Threads

[avstar] 15/4/2019 12:16

Here she comes - timber!Well done Myles. Another one to add to the charge sheet.

[cashandcard] 15/4/2019 12:12

Good RNS, change of name and new people to come onboard. Just be careful of the coming consolidation:

"The directors of the Company recognise that, following the issue of the Placing Shares, the number of shares in issue is significant and it is the Board's intention to propose consolidating the share capital of the Company at a general meeting. The directors are also considering renaming the Company and making further appointments to the board to help the company achieve its goals. A further announcement will be made in due course"



Cash

[spa362] 15/4/2019 12:02

Yes - and suspect we will get there before the end of the week. Should be sustained rise over the next few days

[pilkersa] 15/4/2019 11:58

Next major resistance at 0.2

[pilkersa] 15/4/2019 11:46

Taken a small position. Will see what happens....

[avstar] 15/4/2019 11:41

Yeah, yeah. P&D without a doubt!

[avstar] 15/4/2019 11:26

Don't - it's being pumped to the high heavens.

[pilkersa] 15/4/2019 11:24

Reaction seems a little subdued here to a billionaire backer... Considering a punt....

[spa362] 15/4/2019 10:35

This comment (in the article above) was quite exciting I thought:


"This week’s updates are very significant as they indicate the support of a very substantial strategic shareholder and show that we are edging towards profitability. We have unusually stable production, and our declines are very low because our reservoir has turned out to be a lot bigger than we had modelled. We now think the wells have a much larger resource than we initially expected.
‘Because of the impact this will have on our producing wells, we think our free cash is going to exceed our market cap next year without another well or the need for a further raise. From our perspective, going cash flow positive means our market cap will double or triple with relative ease"

[newtothisgame3] 15/4/2019 10:12

#MXO MX Oil raises funds, securing investment from Shaikh Ahmed Bin Dalmook Al Maktoum

[burtond1] 15/4/2019 09:33

Is #MXO worth re-visiting as profitability approaches?With cash now underpinning a major portion of MX's current £1.8m market cap, we look at whether the prospect of profitability can trigger a re-rate in the firm's share price...https://total-market-solutions.com/2019/04/15/mx-oil-news/

[amrishbhim] 21/3/2019 14:37

Check out KDNC

[knowing] 21/3/2019 14:29

Bit of a sell

[akmal101] 21/3/2019 14:26

Bit of a drop here

[knowing] 20/3/2019 14:21

Bit of a spike there

[knowing] 19/3/2019 14:08

Maybe the reason why the update which was expected end of Feb has been delayed. Should hopefully see a recovery.

[knowing] 19/3/2019 13:43

Lowest ever now Tom

[tomboyb] 05/3/2019 14:26

18million at 0.08p -

Biggest buy I've seen in a while -

[knowing] 05/3/2019 12:59

Thats a huge buy for MXO

[knowing] 01/3/2019 15:49

That significantly narrowed it.

[knowing] 01/3/2019 11:32

Crazy spread but at least you can trade within it

[knowing] 28/2/2019 13:36

Someone likes them

[bullet ant] 26/2/2019 13:36

:)

I took off too early. It's going banana


BA
STEALING IS GOOD

[tomboyb] 26/2/2019 13:30

Good luck bullet -

I've held this one for a while -

It does however need news and a bit of interest here -

Any one of these tiddlers could go up significantly as seen with WDC today -