Mx Oil Share Discussion Threads

[timw3] 15/4/2019 16:09

Billionaire sheikh buys 29.9%... This will make a few morning headlines
tomorrow. Be surprised if it doesn't open 0.20p +

[timw3] 15/4/2019 16:08

This will make a few morning headlines
tomorrow. Be surprised if it doesn't open 0.20p +

[babbler] 15/4/2019 16:00

Well done. Seems to have legs and in tempted lol

[tomboyb] 15/4/2019 15:59

Well -

I sort of sold 80% today -

Been in this a long while!!

free ride with a decent profit overall -

[timw3] 15/4/2019 15:57

0.2p to go today? 0.3p tomm possibly

[miahkaysor] 15/4/2019 15:56

easy 0.25 tomorrow!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!







nai.dyor.etc

[timw3] 15/4/2019 15:55

could go anywhere tomm.. could go back to around 0.40 looking at the charts.... sheik now owns 29.9%

[tomboyb] 15/4/2019 15:54

Doing fantastically well -

20% of original holdings left just in case it breaches 0.20p -

[miahkaysor] 15/4/2019 15:40

Significantly undervalued is my take!!!!!!!!!!!!!!!!!!!!!!!





nai,dyor.etc

[miahkaysor] 15/4/2019 15:40

Stefan Oliver, the Company's CEO commented:

"I am pleased to be able to update the market with regards to the most recent cargo sale and Aje's operations more generally. Aje has now completed 10 cargo sales, the cash flow from which has enabled the partners to repay material amounts of debt held at partnership level. Assuming normal operating conditions, current production rates and oil price, we estimate that two further liftings of similar size and value to our last, should result in project level debt being repaid or significantly reduced Once this debt is repaid, assuming the factors above, our investment should generate free cash flow from each cargo sale which are estimated to cover all the Company's operating overheads at current levels, allowing the Company to move to profitability. It has been a difficult journey and I would like to thank shareholders for their continued patience. I am optimistic that we will shortly be in a position to provide regular updates from this point onwards."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 and the person who arranged for release of this announcement on behalf of the Company was Stefan Olivier, Chief Executive Officer of the Company. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

[babbler] 15/4/2019 15:35

Well done.

[miahkaysor] 15/4/2019 15:26

As expected!!!!!!


0.15 close????




nai.dyor etc

[miahkaysor] 15/4/2019 13:42

This fly towards the closeSame spike tomorrowNai.dyor

[nicky21] 15/4/2019 13:40

still can get in copl on the cheap before news.

[cashandcard] 15/4/2019 13:30

Always better to buy when the herd have left. Unsustainable spikes in illiquid stocks are normal.


Cash

[costax1654x] 15/4/2019 13:17

Taken a few out,moving to I3e....GL

[tomboyb] 15/4/2019 13:15

Taken a few out from my holdings -

Good luck -

There could well be some mileage here with his large holdings -

[spa362] 15/4/2019 13:13

The volume here is way beyond anything previous for this share

[smraynot] 15/4/2019 12:58

Don't get burnt on the spike!

[miahkaysor] 15/4/2019 12:40

short term 0.25-0.30 easy



all imho dyor etc

[spa362] 15/4/2019 12:31

Very encouraging to see that early profit-takers are out and gone already! Next leg up now. I think people are waking up to the bigger picture here. The news released today is potentially transformational for the company and we are now witnessing the beginning of a very logical re-rating of the share price which will go well beyond today's excitement in my opinion

[babbler] 15/4/2019 12:28

why ve careful of consolidation makes no difference

[babbler] 15/4/2019 12:26

bouncing back... not for me but we'll done... another pal?? lol.