Prospex Energy Share Discussion Threads

[bad gateway] 30/11/2023 12:23

Might not have been the worst idea imho these were going to drill again in Italy early 24 but have moved that to late 24 so no growth expected for a while just gambling on the gas price lifting over Winter for a profit on the shares which doesn't seem enough in this market.

[saint in exile] 30/11/2023 12:10

A few hefty sells.I nearly sold the lot and bolted to EEE

[bad gateway] 30/11/2023 12:10

Hey paul reposted as you seemed to miss the question..

You made that claim before paul (see below) and posters let it slide but would like to know how your no's come to that decision.

From the half year report HALF YEAR ADMIN COSTS as they began to ramp up production were..

Administrative expenses during the period were GBP461,322 (H1 2022: GBP501,967).

Whereas net revenue from Italy for THE LAST QUARTER as they began to test then enter initial production was EUR716,717 net to PXEN with the promise of..

- Further upside potential at the Selva Malvezzi Production Concession is advancing at pace with the operator progressing agreements with local landowners and the permitting process with the regulatory authorities to deliver the drilling programmes at Selva North, South and East.

Something doesn't add up with your conclusions?


paulscb - 01 Nov 2023 - 12:17:39 - 2074 of 2258 Pxen consolidation 0.10p to 2.5p 25/1 ratio - PXEN
Pathetic revenue. A whole quarter net revenue only covers their admin costs. Not including other operational costs. Looking like another half year loss is coming in next results.


"Administrative expenses of GBP461,322 were incurred in H1 2023"


"Gross quarterly production from the Selva Malvezzi production concession was 5,658,117 scm (2,093,503 scm net to PXEN) and gross revenue for the quarter was EUR1,937,072 (EUR716,717 net to PXEN)."

[paulscb] 30/11/2023 11:58

There is your red tick. The manipulation continues. See you at 4p.

[bad gateway] 30/11/2023 10:06

reposted as you seemed to miss the question paul..

You made that claim before paul (see below) and posters let it slide but would like to know how your no's come to that decision.

From the half year report HALF YEAR ADMIN COSTS as they began to ramp up production were..

Administrative expenses during the period were GBP461,322 (H1 2022: GBP501,967).

Whereas net revenue from Italy for THE LAST QUARTER as they began to test then enter initial production was EUR716,717 net to PXEN with the promise of..

- Further upside potential at the Selva Malvezzi Production Concession is advancing at pace with the operator progressing agreements with local landowners and the permitting process with the regulatory authorities to deliver the drilling programmes at Selva North, South and East.

Something doesn't add up with your conclusions?


paulscb - 01 Nov 2023 - 12:17:39 - 2074 of 2258 Pxen consolidation 0.10p to 2.5p 25/1 ratio - PXEN
Pathetic revenue. A whole quarter net revenue only covers their admin costs. Not including other operational costs. Looking like another half year loss is coming in next results.


"Administrative expenses of GBP461,322 were incurred in H1 2023"


"Gross quarterly production from the Selva Malvezzi production concession was 5,658,117 scm (2,093,503 scm net to PXEN) and gross revenue for the quarter was EUR1,937,072 (EUR716,717 net to PXEN)."

[newforestlad] 30/11/2023 10:01

Why do you guys bother? No one ever listens you. Not even Newbies are that stupid in this climate.

[newforestlad] 30/11/2023 09:07

Yesterday selling into the afternoon. Look like an organised exit by one person. Seems a shame they didn't hang on a day or two.

[mindminer] 30/11/2023 09:04

I doubt it breaks this week. I think it'll stay in the range as clearly being traded still by some larger holders.

[paulscb] 30/11/2023 07:58

Here he is. Telegram narcissist. Listen to me!

[goforgold1] 30/11/2023 07:18

Big day today trade wise my chart says up had some traders selling in the afternoon looking scared it would fall back !!! like it has done on the last three occasions feels a little different this time . Could have been few traders getting out with a 20% profit in a few days let's see if mms want to take this higher .!! Or which i hope not lower .

[bad gateway] 29/11/2023 22:01

You made that claim before paul (see below) and posters let it slide but would like to know how your no's come to that decision.

From the half year report HALF YEAR ADMIN COSTS as they began to ramp up production were..

Administrative expenses during the period were GBP461,322 (H1 2022: GBP501,967).

Whereas net revenue from Italy for THE LAST QUARTER as they began to test then enter initial production was EUR716,717 net to PXEN with the promise of..

- Further upside potential at the Selva Malvezzi Production Concession is advancing at pace with the operator progressing agreements with local landowners and the permitting process with the regulatory authorities to deliver the drilling programmes at Selva North, South and East.

Something doesn't add up with your conclusions?



paulscb - 01 Nov 2023 - 12:17:39 - 2074 of 2258 Pxen consolidation 0.10p to 2.5p 25/1 ratio - PXEN
Pathetic revenue. A whole quarter net revenue only covers their admin costs. Not including other operational costs. Looking like another half year loss is coming in next results.




"Administrative expenses of GBP461,322 were incurred in H1 2023"


"Gross quarterly production from the Selva Malvezzi production concession was 5,658,117 scm (2,093,503 scm net to PXEN) and gross revenue for the quarter was EUR1,937,072 (EUR716,717 net to PXEN)."

[quietlife] 29/11/2023 20:33

“Don’t even” superb grammar
Your just a conversational narcissistic

[paulscb] 29/11/2023 20:05

Are you mad? The revenue don’t even cover admin expenses. Euro gas is heading down big style. There’s another half year of losses coming and more conversions. Going nowhere apart from back to 5p.

[goforgold1] 29/11/2023 16:48

Surley not going to be 4 times can not get past 7p we're is news for FK sake . All sells last two hours . O well tomorrow another day really believe it will go through but needs a catalyst to push it but this company just has no news to give nearly 9 months without anything new

[goforgold1] 29/11/2023 15:53

Mms want stock must know news is due all them sellls and its held up well spread betters going get burned if it does not turn to down side before close . Very very good sign for a continuation of the rise . Most chartists will be expecting a reversal if not they will have to buy back quickly i am hoping for a mark up tomorrow to flush shorts out

[goforgold1] 29/11/2023 15:05

someone in the know has been buying up stock for a few months got to be news due or its just the Bots moving it up strange on very weak volume , It should by right fall back now at this level no buyers at 7p its up 22% this week so be interesting to see if sellers bring it down all indicators on trading view say strong buy

[newforestlad] 29/11/2023 13:37

Because the Mm's desire it to.

[newforestlad] 29/11/2023 13:36

The resistance isn't only at the top. It can also be at the bottom. Both top and bottom have been tested.

[saint in exile] 29/11/2023 13:17

So why it going up?
2 days in a row on no volume

[goforgold1] 29/11/2023 12:49

Filled the gap from yesterday if you look at candles that's a massive good sign it's going over 7p now. What is this 4 time lucky no volume that's the worry unless we have buying in background and not shown up yet but volume is nothing .

[newforestlad] 29/11/2023 12:47

We need a close above 7p, then we can believe the resistance of 7p is officially broken.

[goforgold1] 29/11/2023 12:47

Breaks 7p straight to 9 to 10p got to be news due to. All buying at moment has it actually turned . Making money as well . Let's see in an upward trend to be honest mms don't want to take this down now